The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-07
ACyr nE REORGANIZATION

OF STELLA PLANTATION COMPANY.
State of Louisiana, Parish of Orleans, city
of New Orleans.
BE il known. that on this, the 23rd day
of the month OF July in the year OF our
Lord one thousand nine hundred and thir-
teen and Of the independence of the United
States OF America the one hundred and
thirty-eighth. before me- Charles +. Flet-
chinger, a notary public, duly commissioned
and qualified in and for the city, parish and
state aforesaid, therein residing, and in the
presence OF the witnesses hereinafter named
and undersigned personally came and APP
peared the several persons whose names are
hereunto subscribed, who declared that,
availing themselves Of the provisions OF the
laws Of this state, relative TO the forma ton
and organization of corporations, they have
cOvenanted and agreed, and do, by these pres
ents covenant, agree and bind themselves, as
well as those who may hereafter become
associated with them, TO form themselves
into a corporation for the objects and pur-
poses, with the name and under the stipu-
lations following, tO-wit:
Article 1.-The name and style Of this
corporation shall be stella Plantation Com
pany," and by said corporate name, it shall
have succession and enjoy existence for a
period Of fifty years, unless sooner dissolved,
in the manner provided by law and the arti-
Giles of this charter; and. under said cor
porate name 1t shall have power and au-
thority TO contract sue and be sued, 10
make and use a corporate seal the same TO
alter or break at pleasure; to make all
porate management and control, and shall
have and enjoy all the rights, privileges and
immunities which are now conferred upon,
or may hereafter be granted to corporations
OF the same kind and character.
Article 1.-THE domicile OF this corpor-
alton shall be in the city OF New Orleans.
state Of Louisiana, and all citations and
other legal processes shall be served upon
the president, or in his absence or inability
TO act upon any other officer of the corpor-
alton.
Article III-The objects and purposes for
which this corporation Is organized are here
by declared to be to acquire, by lease, pur-
chase or otherwise, real estate, and to hold,
improve, lease, mortgage, sell, cultivate, or
otherwise use or dispose Of the same, and
generally to do and perform all acts incl
dental to or germane to the purposes above
specified
Article Iv.-The capital stock of this
corporation is hereby fixed at fifty thou
sand dollars $3.50. 900 00), divided into five
hundred (500) shares of the par value OF
one hundred dollars (S100.00) each. Said
stock shall be issued only for cash, or in
payment of property or services actually re-
ceived or rendered 10 the corporation this
corporation shall commence business and
become q going concern as soon as three
thousand dollars (s3,OOO) of its capital
stock shall have been subscribed and paid
for; the residue of said stock to be issued
and payment made therefor subject TO the
action and call of the board of directors
Said stock shall be fully paid at the time
Of its issuance, and, thereafter, non-assess
able, and the capital stock may be in.
creased or decreased in the manner pro.
vided by the laws of this state.
The parties to this act declared that
they hereby subscribed for the number OF
shares of said capital stock set opposite
their respective signatures hereto so that
this act of Incorporation shall serve as an
original subscription.
Article V.-All the powers Of this cor
poratlon shall be vested in and be exercised
by board Of not less than three or more
than five directors, to be elected each year
by the stockholders, at their annual meet.
ing the number of such board OF directors
to be determined for the ensuing year at
each annual meeting of the stockholders
and the first board shall consist of William
i. Hardie, who shall be president: William
Il. Hardie, who shall be yice-president
Frank q. Hardie, who shall be secretary and
treasurer.
On the third Monday in July, and annu-
ally thereafter, the stockholders shall elect
the board of directors for the ensuing year
the board already installed to continue to
hold over until their successors are elected
The board of directors, so elected, shall Sc
lect from their own number the officers of