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

Parish Of Orleans,
City of New Orleans.
BE 1T KNOWN, That en- this 18th
day of the month of October in the
year Nineteen Hundred and Fourteen
(1914),
BEFORE Me, Eraste Vidrine, a no.
5ary public, duly commissioned, quail
fed and sworn, in and for the above
named Parish and State, personally
came and appeared the several per
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-
rations, and especially of Act 2G7 CT
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 I.
The name Of this Corporation shall
be:
The eeraty Wholesale Plant Company,
incorporated,
and its domicile is hereby declared to
| be at Harlem Plantation, in the Par
ish OF P%laQuemines, State of Loulsl'
ana.
This Corporation shall have and en-
ICY corporate existence and succession
FOR and during a period CT Ninety.nine
(99) years, unless sooner dissolved.
ARTICLE II.
The objects and purposes of this
Corporation and the nature CT the bust
ness to be carried on by it are hereb!
declared to be, the cultivation ant
selling of vegetable plants and nursec!
stock, the owning or leasing Of lands
fer this purpose and for the cultivation
and sale OF truck and farm products
the right to buy and sell farm PFC
ducts for others on commission o
brokerage, including the doing OF any
! thing that may be incidental to tn
said purposes and necessary for thel
! successful accomplishment. The CO
Iporaticn shall have the power to a.
{ u,ire from James Ray Geraty, foTi
4. cry Of Ionge's Island, S. c., the bus
ness Of raising and selling al whcl
sale, vegetable plants and nursel
stock heretofore carried on by him
h, an OF James Ray Geraty, t
sather with the good will CT said bus
d ASS and mailing lists, and shall ha'
The power to acquire such mules, il
y pigments, farming equipment and su
plies, from Warren Buckley, of Hare
Flantation, La. and Charles W. Buc
ley, of Chicago, ILL.,, as the Board
/. Directors may desire, and in payne
thereof, to issue full paid comm
- stock of this Corporation as here:
Of after provided.
i. ARTICLE III.
v The capital stock Of this C0rpo'
lie ton is hereby fixed at Ten Thousa
Dollars (s1o,Ooo.0O), of which five thu
sand dollars $4,000. 0O) shall be co
on mon stock, and five thousand doll;
on ($5, OOO.OO) shall be preferred sto
to which capital stock shall consist
lie fifty (50) shares Of n hundred
on lars (s1O0.OO) each Of. common sto
ng and two hundred (200) shares
ais twenty-five dollars (s25.0O) each
I'm preferred stock. The preferred ST.
lie shall have no voting power of any $
es' whatsoever, and shall not be consit
Is ed as. affecting the amount of the ST
'p- of The CORPORATION In connection "
he III om,raman+ 81 tho charter or
!. increase or decrease Of the cap
'o' .tock as provided for by Act 2C7 OF
:, Legislature Of the State CT Louisi
of 1914. The preferred stock shall
entitled to receive an annual divid
of Ten Per Cent 900, payable
Of the net profits OF the Company
on the previous year, prior to the b
ers of the common stock receiving
IN dividend upon their common 81
,oc- holdings. This ten per cent IL
tho annual dividend on the preferred 81
/ of shall, however, not be cumulative.
ent preferred stock shall be subject te
demption by the Company at any
ub- at par after thirty days notice by
. in Company by mail, addressed to the
last known address of such preferred st
holder as shown by the books OF
- HL III =
rim, Company, such notice to contain
the vice of the intention Of tho Conn
the so to redeem said stock. II sarne
the pro rata Of the annual dividend u
the date OF redemption shall be
pal at time Of redemption. The prefc
OF stock shall be scld by the Bcat
Directors for not less than par t
u paid for on such terms and G
lions as it may determine.
, The Board of Directors Of this