The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-10


laws and regulations for It's proper manage
mpnt and name and appoint such officers as
! its interest and convenience may require,
Io'u and jmmTnitias. granted by law o.
rNrno~4tinns
ARTICLE 1.-THE purpose for which this
CORPORATION IS organized. and the nature OF
tba huSineSs TO ne carried On by u, ar"
harabv declared 70 be: TO buy sell. ana deal
i'm rice and other agricultural products ~
his STATE. and their by products, on commits
sion and otherwise and 10 do a general rice
miIi!ns business in all It's branches, and for
sgfI rurT,oSe II NAV own lease and operate
mills warehouses;. factories and works: and
I 10 40 surh other things as may be consistent
| 10 S1fl business ami 70 promote the same.
| ,ETICIE III-The capital stock Of this
rnrn1rlrinD is hereby fixed m the sum Of
twenty thousand dollars divided into and
rr,,rr,errrd hv Two hundred shares ~ th"
rgr ,...IrIa ~ one hundred dollar, each. which
.T5t r.. Maid for In cash goods or services
ecruaIry rendered 20 the company. ou such
,"rmII 1s m ,f So,.,'',. '''s ~ '''''
/ ms r,r,,,r1rfnn shall commence business
land l.rnn,t n gpfn. concern So soon as three
I ti.,,.,,IJ collars of lis rapital stock shall
A' ,I 't t-lose..s 81 s.1.E shall hr made ON
IA. I,nL- Of tho companv. and shall hn sign
"a a., tho Sr,.Lhnldar or his duly lutlpt'l.i
,rart
49, ,u.TTrTr TV-TIe cnrDor9fo powers nf
Itrfs ,,rtr3u- and the full management and
| 'r,r,I 20 ~ aT,frs shall Na vested en- and
| = .
/ ~ nor Tora than five nor less than three
stock holders n majority IF whom shall con-
| Stftutr a quorum for the transaction Of all
business
/ Elections for directors hv the stockholders
|sbliI Ice held annually ,Srartin. with thu
year Ia1lt ON The first Tuesday in June. at
! The Office of the company. under the super
I vision nf TWO commissions tn na appointed
/ ly ID. president after ten DAYS previous
notice Of such meeting has been given.
/ Tr,rrn.1i,f,I, orrer III. -i,uir-- ~ this char
J
rna. fnrruglity rNn board u directors who
shall serve untU the annual meeting IN 1914
| Al elections shall DE by ballot ana ma
! forify Of the votes cast shall elect.
| Each hoard shall at its first meeting after
ITS cractfnr alrcr from lis own number q
president a vicg-presideut ana a secretary
! treasurer ana they. as well as the board
! alertinc them, shall hold office until their
surrrssors are duly elected and qualified
ANY vacancy occurring IN said board shall.
/ Lc filed bv the remaining directors for the
Iunoypired term
NRTIGTE W--No stock ~ fine compqnv
shall hn sold hv any holder thereof without
! first oTarin- IN, same in yyritfnr 70 the
Stockholders, through the board Of directors.
| At lis hook y1lup
! ARTICIE VT-Tho capital stock Of this
/ corrnration may no Increased I'm the manner
| nroviled bv the laws Of this state In which
/ event fifteen DAYS written notice shall De
! given to each stakeholder. within which time
, stockholders OF the company shah have the
| right TO subscribe for said additional issue
! Of stock In pronortlon TO tho number Of
shares then owned by them and which addi-
fional shares shall he paid FOR In such man
ncr as the hoard Of directors may direct :
( after the expiration Of said time the board
NAV disDOSo Of the shares not taken In such
manner as thev deem fit and proper
! ARTICLE EII-ThIS act Of incorpOra-
tion NAV he changed modified. or this cor
| pOration dissolved with the assent OF ma
| ioritv Of its stock present or represented at
general meeting convened for that pur-
pose. after thirty DAYS previous notice of
! such meeting has been given.
| In case Of dissolution or liquidation Of
this corporation. from any cause. the stock
holders shall elect from among their number
two IiquidatorS. ut a meeting convened FOR
that purpose after ten DAYS previous notice
of such meeting has been given Said lldui-
da%orS shall have full power 10 fully and
finally settle and wind up all the business
| and affairs of this corporation. In the
event Of the death OF either Of said ligui-
datorS. or OF the refusal or Inability OF one
Of them TO act, the survivor shall continue
| to act
written notice Of all stockholders meet
| ingS and vOtinCs shall be given through mail,
addressed to each stockholdpr at his address
appearing on the books of the company. and
Of stock shall be entitled to one vote either