Lower coast gazette., 1914-11-21
Charter of the Geraty Wholesale
Plant Company, Incorporated.

!
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
u9i4), .
EEtORE Me, Eraste Vidrine, a no.
cary pubic, duly commissioned, quail
Led and sworn, in and for the above
canned Parish and State, personally
CAME and appeared the several per-
sons, whose names are hereunto sub
scribed, who each and all declared:
That, avai.ing themselves OF the
Jaws Of the State OF Louisiana, on the
subject Of the incorporation OF corpo
r%ations, and especially Of Act 2G7 OF
the Legislature Of the State Of Louisl.
ana for the year 1914, they have and
DO by these presents, organize and con-
stitute themselves into q 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:
rhe Geraty Wholesale Plant Company,
incorporated,
and its domicile IL 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
Tor and during a period Of N~inety-nine
(99) 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 It are hereby
declared to be, the cultivation ant
selling OF vegetable plants and nursery
stock, the owning or leasing OF lands
tor 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 o
brokerage, including the doing Of any
thing that may be incidental to tn
, said purposes and necessary for thei
: successful accomplishment. The COZ
{ polationa shall have the power to ~
quire 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 nurser
:. stock heretofore carried on by him !
a the name of James Ray Geraty, +
sether with the good will of said bus
e MSS and mailing lists, and shall HAY
r. the power to acquire such mules. II
ID plements, farming equipment and 81
plies, from Warren Buckley. Of Hare
plantation, La, and Charles w. Buc
- ley, of Chicago, Ill.,, as the Board:
Directors may desire, and In payme1
thereof, to issue full paid connie
=, stock OF this Corporation ~ herei
after provided.
an ARTICLE III.
IT, The capital stock Of this Corpos
tn ton is hereby hxed at Ten Thousal
he Dollars t,1o,ooO.oo). Of which Ave the
tn sand dollars (S5, .oo) shall be CO
We mon sock, and FIVE thousand dolla
ill ($5,00O.O0) shall be preferred stot
he which capital stock shall consist
"a. fifty (50) shares of one hundred d
Ith lars ($lOO.OO) each Of common sto'
m. and two hundred (200) shares
to twenty-five dollars ($25.00) each
OF preferred stock. The preferred ste
'gs shall have no voting power OF any 81
me whatsoever, and shall not be consid
NJ ed az affecting tho amount Of the ste
III of tie Corporation in CONNECTION "
the amendment Of the charter, or
'". increase or decrease Of the capl
pp' stock as provided for by Act 2C7 Of
Legislature Of the State Of Louisis
of 1914. The preferred stock shall
entitled to receive an annual divide
of Ten Per Cent (10%). payable
of the net profits Of the Company
,.n the previous year. prior to the b
md ers Of the common stock receiving
aid dividend upon their common st
holdings. This ten per cent (lo
i, ia annual dividend on the preferred Ut
81. shall, however. not be cumulative. :
an preferred stock shall be subject to
,ur- demption by the Company at any t
SIG, at par after thirty days notice BY
sed Company by mail, addressed to the
in known address OF such preferred at
and holder as shown by the books OF
by Company, such notice to contain
rat vice Of tho intention Of the Comp
be- 70 to redeem said stock. II esrne
bic pro rata of the annual dividend u
lst, the date Of redemption shall! be
OF at time of redemption. The prefe'
III stock shall be sold by the Boarl
Directors for not less than par t
--l g.. c,,oA <oyuan ond ~