Lower coast gazette., 1914-12-19
Charter of the Geraty Wholesale
Plant Company, Incorporated.


United States of America,
State of Louisiana,
Parish of Orleans,
City of New Orleans.
BE 1T KNOWN, That on this 18th
day OF the month OF October in the
year Nineteen Hundred and Fourteen
u91D,
BEFORE Me, Eraste Vidrine, a no.
tary public, duly commissioned, quail
led 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-
%rations, and especially of Act 2G7 Of
the Legislature Of the State of Lou;si-
ana for the year 1914, they have and
Go by these presents, organize and con.
stitute themselves into a corporation
and body polite in law under the fo!.
lowing s%tipulations 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 oeraty Wholesale Plant Company,
Incorporated,
and its domicile is hereby declared to
re at Harlem Plantation, in the Par.
ish OF P~laquam:nes, State of Louisi.
ana.
This Corporation shall have and en-
Joy corporate existence and succession
CT and during a period Of Ninety-nine
800 years, unless sooner dissolved.
ARTICLE II.
The objects aid purposes of this
Cooperation and the nature CT the bus!
less to be carried III by it are hereb,
declared to be, the cultivation and
selling of vegetable plants and nursery
took, 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 pro-
ducts for others on commission or
brokerage, including the doing of any
thing that may be incidental to the
said purposes and necessary for their
successful accomplishment. The cor
~poIation shall have the power to &C.
ouire from James Ray Geraty, form.
ariy OF YoEge's Island, S. c., the Eus:-
ness OF raising and selling at whcle-
sale, vegetable plants and nursery
stock heretofore carried on by him in
he name of James Ray Geraty, to-
| se:her with the good will Of said bust.
atss and mailing lists, and shall have
The power to acquire such mulss, i'm
pl@ments, farming equipment and sup
| plies, frcm Warren Buckley, OF Harem
Plantation, La. and Charles w. Buck
ley. of Chicago, ILL.,, as the Board Of
Directors may desire, and in payment
thereof, to issue full paid common
stock of this Corporation as herein
after provided.
ARTICLE III.
The cagital stock of this Corpora.
ton is hereby fixed at Ten Thousand
t49dna i's1s s10,e0a.0a), of which fye'thou-
sand dollars 5000. COY shall be COM
mon sock, and five thousand dollars
t$5,000.00) shall be preferred stock,
which capital stock shall consist Of
fifty (50) shares Of IL hundred dol
lars C100.0O) each of common stock,
and two hundred (200) shares of
twenty-five dollars (s25.00) each of
preferred stock. The preferred stock
shall have no voting power of any sort
! whatsoever, and shall not be consider;
ed as affecting the amount of the stock
of The Corporation in connection with
tie amendment of the charter, or the
increase or decrease of the capital
stock as provided for by Act 2G7 of the
Legislature Of the State of Louisiana
of 1914. The preferred stock shall be
entitled to receive an annual dividend
of Ten Per Cent (10Sa}, payable cut
Of the net profits Of The Company for
the previous year, prior to the hold-
nTs OF the common stock receiving an,
dividend upon their common stocs
holdings. This ten per cent Q0%f
annual dividend on the preferred stock
shall, however, not be cumulative. The
preferred stock shall be subject to re.
demption by the Company at any time
at par after thirty days notice by the
Company by mail. addressed to the last
known address OF such preferred stock.
holder as shown by the books of the
Company, such notice to contain ad.
vice Of the intention Of the Company
so to redeem said stock. II earned, a
pro rata OF the annual dividend up to
the date of redemption shalt be paid
at time of redemption. The preferred
stock shall be sold by the Board of
niroctorc for rot Loco than mar RI hn