Lower coast gazette., 1914-12-05
Charter Of the 0eraty Wholesale
Plant Company, Incorporated.

Charter of the 0eraty Whoiesa
Plant Company, Incorporated.
United States of America,
State of Louisiana,
Parish Of Orleans,
City Of New Orleans.
BE IT KNOWN, That on this 13t
day Of the month Of October in Il
year Nineteen Hundred and Fourtee
(19l4),
BEFORE Me, Eraste Vidrine, a a
tary public, duly commissioned, dual
fed and sworn, In and for the aboy
named Parish and State. PERSONAL
came and appeared the several pc
sons, whose names are ~hereunto sui
scribed, who each and all declared:
That, awaiting themselves OF tn
laws of the State OF Louisiana, on tn
subject Of the incorporation Of corp<
r%ations, and especially Of Act 267 c
the Legislature of the State OF Louis
ana for the year 1914, they have an
do by these presents, organize and cor
stitute themselves into a corporation
and body polite in law under the To-
lowing stipulations and provision
which they hereby adopt as thei
articles Of incorporation, or charte,
to-wit:
ARTICLE I.
The name of this Corporation shall
be:
The Geraty Wholesale Plant Company
incorporated,
and its domicile is hereby declared tt
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-nin,
(S9) years, unless sooner 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 Gale of truck and farm products
the right to buy and sell farm pro
ducts for others on commission o,
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.
Qni-c 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 IT.
The name of James Ray Geraty, to.
gether with the good will of said bust.
HISS and mailing lists. and shall have
the power to acquire such mules, i'm.
plements, farming equipment and sup.
plies, from Warren Buckley, OF Harem
Plantation, La. and Charles W. Buck
ley, Of Chicago, ILL.,, as the Board OF
may desire, and in payment
thereof, to issue full paid common
stock of this CORPORATION as herein
provided.
ARTICLE III.
The capital stock of this Corpora.
ton is hereby fixed at Ten Thousand
Dollars $50, 100000 of which five thou
sand dollars $4,000. 00) shall be com.
mon stock, and five thousand dollars
shall be preferred stock.
capital stock shall consist Of
fifty (5O) shares OF one hundred dol
airs (s100.00) each of common stock,
Ind two hundred (200) shares of
twenty-five dollars (s25.00) each Of
preferred stock. The preferred stock
,hall have no voting power of any sort
whatsoever, and shall not be consider
I'd as affecting the amount Of the stock
# the Corporation in connection with
be amendment of the charter, or the
Increase or decrease of the capital
took as provided for by Act 267 of the
Of the State of Louisiana
Il 1914. The preferred stock shall be
to receive an annual dividend
Il Ten Per Cent (10%), payable out
# the net profits Of the Company for
he previous year, prior to the hold.
RS Of the common stock receiving any
upon. their common stock
loldings. This ten per cent (10%)
,nnual dividend on the preferred stock
hall, however, not be cumulative. The
referred stock shall be subject to re-
emption by the Company at any time
t par after thirty days notice by the
Company by mail, addressed to the last
nown address OF such preferred stock
older as shown by the books Of the
company, such notice to contain ad-
ice OF the intention OF the Company |
o to redeem said stock. II earned. a
70 rata of the annual dividend up to
be date Of redemption shall be paid
t time Of redemption. The preferred