Lower coast gazette., 1914-12-26
Charter of the Geraty Wholesale
Plant Company, Incorporated.

Unlleu / tdLeS OF America,
State of Louisiana,
Parish of Orleans,
City of New Orleans.
BE IT KNOWN, That on this 18th
day of the month of October in the
year Nineteen Hundred and Fourteen
Q914),
BEFORE ME-, Eraste Vidrine, a no
tary public, duly commissioned, quail
fed and sworn, in and for the above
named Parish and State, personally
came and appeared the several per-
sons, whose names are hereunto sub
scribed, who each and all declared:
That, availing themselves OF the
laws of the State of Louisiana, on the
subject of the incorporation of corpo-
r%ations, and especially Of Act 267 of
the Legislature of the State Of Louisi-
ana for the year 1914, they have and
do by these presents, organize and con-
stitute themselves into a corporation
and body polite in law under the FOL-
lowing stipulations and provisions
which they hereby adopt as their
articles of Incorporation, or charter,
to-wit:
ARTICLE /.
The name of this Corporation shall
be-:
The Geraty Wholesale Plant Company,
Incorporated,
and its domicile is hereby declared to
be at Harlem Plantation, in the Par.
ish of Plaquemines, State of Louisi-
ana.
This Corporation shall have and en-
JOY corporate existence and succession
for and during a period of Ninety.nine
(S9) years, unless soone dissolved.
ARTICLE II.
The objects and purposes Of this
! Corporation and the nature of the bust.
ness to be carried on by 1t are hereby
declared to be, the cultivation and
selling Of vegetable plants and nursery
stock, the owning or leasing of lands
for this purpose and for the cultivation
and sale Of truck and farm products.
the right to buy and sell farm. pro
ducts for others on commission OF
brokerage, including the doing Of any
thing that may be incidental to the
said purposes and necessary for Their
successful accomplishment. The cor
poration shall have the power to &C
auire from James Ray Geraty, form
erly of Yonge's Island, S. c., the bus,
ness of raising and selling at whole
sale, vegetable plants and nursery
stock heretofore carried on by him II
the name of James Ray Geraty, to
gether with the good will of said bust
less and mailing lists, and shall have
the power to acquire such mules, i'm
plements, farming equipment and sup
plies, from Warren Buckley, of Haren
Plantation, La, and Charles w. Buck
ley, of Chicago, ILL.,, as the Board o
Directors may desire, and in paymen
thereof, to issue full paid commol
stock of this Corporation as herein
after provided.
ARTICLE III.
The capital stock of this Corpora
tion is hereby fixed at Ten Thousan'
Dollars $4,000 .00), of which five thou
sand dollars 81 5000. OO) shall be CON
mon stock, and five thousand dollar
100000 shall be preferred stock
which capital stock shall consist Q
fifty (50) shares of one hundred do
lars ($100.0O) each of common stool
and two hundred (2OO) shares @
twenty-five dollars ($25.O0) each 9
preferred stock. The preferred stoc
shall have no voting power Of any sol
whatsoever, and shall not be consideI
ed as affecting the amount of the stoc
of the Corporation In connection wit
the amendment of the charter, or th
increase, or decrease OF the capt..
stock as provided for by Act 267 of til
Legislature Of the State of Louisian
of 1914. The preferred stock shall b
entitled to receive an annual dividen
of Ten Per Cent 900, payable o,
of the net profits of the Company Il
the previous year, prior to the boil
ers of the common stock receiving an
dividend upon their common stoc
holdings. This ten per cent (10%
annual dividend on the preferred stoc
shall. however, not be cumulative. TT
preferred stock shall be subject to r
demption by the Company at any tin
at par after thirty days notice by Il
Company by mail, addressed to the la
known address of such preferred stoc
holder as shown by the books Of II
Company, such notice to contain a
vice OF the intention of the Compan
so to redeem said stock. II earned.
pro rata of the annual dividend up
the date of redemption shall be pa
at time Of redemption. The preferrt
stock shall be sold by the Board
Directors for not less than par to |
paid for on such terms and conc