The herald., 1914-07-23

ono tMuuSlud niue hundred and fourteen
and of the Independence Of th" United states
uf America tn. "n" hundred and thirty
ninth before me. Frederic Charles Marx, a
notary public. duly commissioned and quail
ucI in and for the parish and state Arose
said therein residing. and in IN" presence
" the witnesses hereinafter named ana un
dpr-lgurd personally came and appeared /.
the several persons, who's" names ar" here
INTO subscribed, who declared that aValllhS
Themselves ~ the provisions of the cunSr
'utiun and laws "f the state Of Louisiana,
relative to the formation of corporations,
they do 10y these presents form themselves,
their Successors aud assigns INTO a corp"-
ration under the laws Of the state OF Lon
lsiana, and under the StipulatlonS herein
after set forth, tO-wit:
ARTICLE THE name OF this corpora
fion shall be STAR DEVELOPMENT COM
PANY, under which name il snail have and
enjoy corporate existence and succession tor
a period of nincty-nine years from the date
Of this act, with full power in tn" prose
CutiOn and for the purposes OF It's business,
as hereinafter defined. 10 contract, sue and
b" sued; TO acquire, lcaS", use. hold alien
ate, mortgage, pledge, or otherwise cnCum-
b"r, any property, movable or lmmOvdble, in
and out OF the state OF louisiana 10 issue
notes, bonds or other evidences Of Indebted
ness and TO secure same by pledge, mort
gage or otherwise; to appoint or elect such
directors, officers, managers or agents, as
its business may require To make. amend or
repeal att pleasure by LAWS, for the manage
ment Of its affairs, and generally TO cXer-
else all the rights and powers that may now
or hereafter be- granted by law to corpora
tiOns Of this character
ARTICLE II.-The domicile Of this cor
pOratiOn shall be In the city Of New Or
leans, parish OF Orleans, state OF Louisiana,
and all citations or other legal process shall
be served on the president or in his absence,
on the vicc-preSidcnt, or secretary treasurer.
ARTICLE lIl.-The objects and purposes
Tor which this corporation Is established and
the nature OF the business to be- carried on
"A. Ill
lease, improve, drain, reclaim, irrigate plant
and cultivate lands and real estate in the
state OF Louisiana and elsewhere to plant,
cultivate, buy, sell and deal in cotton, cane,
rice and other agricultural products; 10 pre-
serve, can and pack fruits, syrups vegcta
bleS shrimps, oysters, and all kinds OF agri-
cultural products and sea foods; To con
struct' own, lease and operate canals for the
purpose or drainage and irrigation TO build
own, lease, sell and operate sugar refiner-
ies rlce-mills, cotton gins. cotton compress
eS, canneries, warehouses and other manu-
factories as may be necessary or convenient
In connection with the business of this cor
pOratlon; TO promote immigration into and
the development OF lands In this state. Ia
reed and pasture cattle in connection with
their lands; and for any Of the above pur-
poses 10 purchase or lease, and hold, own or
sell or rent out property, both movable or
immovable and for the purpose OF develop
Ing the same to construct and operate in
connection with any Of their lands and en-
terprlses, railways, tramwayS, or barge lines ::
20 make advances 10 farmers and other per
sons, who may own or lease and cultivate
lands to conduct and operate general mer-
camille and supply stores, and IL shall have
the right TO purchase and hold stock in other
corporations; and generally TO do all things
that may be- necessary in or convenient for
the accomplishment Of any OF the above
named purposes and in connection there
with to make all contracts requisite or er-
pedient TO the accomplishment OF any OF the
purposes for which this corporation is or
ganzed.
ARTICLE Iy.-The capital stock of this
one hundred and fifty thousand dollars
$3.50 OOOO0O). divided into and represented
by fifteen husdred 0,500) shares OF the par
value OF one hundred dollars (SlOO OO each
which shall be paid for in cash, or may be
issued at not less than par for services rem
dered TO, or property purchased. by said
corporation, or payable in instruments on
such terms and conditions as the board OF
directors may fix.
The certificates Of shares OF stock shall
not be Issued until fully paid and shall be
signed by the president and by the secretary
treasurer, or In the absence or inability OF
the president or secretary, by the vice
president. Said stock shall be transfera bic
only on the books Of the company upon sur
render or due proof OF loss OF the original
certificate: and until such transfer on the
books of the company is made, the company
shall bc authorized to treat the recorded
owner a. the owner for all purposes
This corporation shall be organized and
become a going concern as soon as fifteen
thousand (Sl5OO000D dollars shall have
been subscribed TO the capital stock
ARTICLE N.-All the powers OF this cor
poration shall be vested in and exercised by
board OF three directors, pursuant TO such
rules and regulations as they NAV adopt
The said directors shall he elected bv ballot
at an annual meeting of the shareholders.
under the supervision OF two commissioners
or election appointed by the board of direc-
TORS which meeting shall BE- held on the
second Monday OF July Of each wear. com
mencing with the year 1917, after due no.
ice sent by mall to each stOckhOlder 10 the
address furnished by such stockholdpr 10 tbe
secretary-treaSurer, not less than ton days
prior 10 the holding OF such an election
The FIRST board OF directors shall be com.
posed or Samuel Iemurray. Clarence r.
Moses, and Julius Adler, with Samuel Ze-
murray as president, Julius Adler as vice.
president, and Clarence =. Moses as secre-
tary treasurer. and said board OF directors
shall hold Office until the second Monday of
July In the year 1917.
The officers of this company shall ha y
president yice-president and a secretary.
treasurer The seCreta ry- treasurer need no,
be a shareholder or director
AT all meetings Of the shareholders each
share holder shall he entitled 10 cast ON,
vote, In person or by proxy. on each share
or stock held by him. At any meeting ot
the board Of directors any director. who /,
unable TO attend may be represented bv any
other director, or any stock holder who shall
cast the vote or the absent director All
proxies shall be in writing.
The board OF directors shall have fuIl
power and authority to sell lease morris 90
or pledge any or all OF the property. nova.
Die and immOyable belonging to the com.
pany, without referring TO the stockholders
Tor power 10 do so, and they NAV also mr.
chase, Tor cash, or on credit nroDcrtr n,
any kind required for any Of the pu-noses
OF the company, without authority OF the
shareholderS; or make any contract and nor
form any act whatsoever for and IN Tho
name or the corporation, which the cornora.
tlOn user cou.d make and perform.
Inc board of directors shall have f,'I
power and authority 10 employ. and ,Dnoi,t
Tor such time as they deam proDer ana 20
dismiss such managers superiptendants
agents and employees as they NAV deem bcst
ana 10 vest in them such powers as they 60
ht and 10 fix their remuneration S''
IN case or any vacancy in the hoard Of
directors the remaining members shall bora
the power 10 I'LL the vacancies and All dr.
tors and officers Of this company shall 70
main IN ohce until their successors are aIect-
ed ana qualified. Failure 10 hold the animal
neellng snail not dissolve the cornoratIon
AhIICbE V1.-This act Of lncornora tfon
may bc changed, modified or altered or +bis
corporation may be dissolved with the assanf
oI Infee-f0urths OF the stock present or -a,'
Itsehted M a meeting convened for that ,np
pose pose after ten t10) days written natIoo
,S,e aileg 70 each stockholder at his last known
posiohce address. "'' Ano"n
AhIlCIIE N1I.-All proceedinpS raro+,ro
70 G tne increasing or diminishing OF tbe can't
90. st4ch snall ne taken in the manner nre.
i''u ny lhe laws or the state of IouisI