The herald. [volume] (New Orleans, La.) 1905-1953, 1915-07-01

arc "a C S-.- me ard spoesred:
!: TIE ssve-sI persons whose names are here
I: --yz-r,zt.1- OF corporations. they have COW
!: z-se--.F and sz-gei. a-t. 5y rzese presents
I; heir successors and ss.z-s. . form then-
: selves .--5 c8-pa-a-sgu ard BODY polite for
!. ~. --ra--s --E --.-----s ard -ri=- the s-LpE-
? L.-.7-s hereinafter SET forth
. s------ The name ard -.t's u this cor
: r--arr-- shall he 81 Ny Cooperative Farm
I'D Orchard As-9-tar.0-. ms. ard under
; sa-a tile % shall have and enjoy succession
; ard existence - a period o. o-1e;y-1i1e
wears 5--z date hereof: II shall have ro"e-
ard authority 90 contract. sue and e sued,
--a.e ara use corporate seal. the sane -
r--r-- ard a--z- a. Measure. q hold. sell.
lease -----.s-e tvc-.-e-z-- O. pledge pop
|. e--e. real. personal 1- mixed, necessary. me-
. ta--a. Or proper t-- re carrying "a o. -
. .-s.-ess. zs vel. as p issue bonds se-t-et
. ~ such -l--zz-ss, O. l-s ard hold sock IT.
. 49,. ---a- r.---F-e .-- ---.1a-.-ss % make and
|: '.--e notes z-t .s--.5r--=s Of s-t-1,et-ess.
. .--- --E -'--.s. -- 1--e- employees. - prop
/. .-r- -.-i--- .-. corporate .-s.--Ss. z-- o.
, make .r.--a.. rules ard -ey--.--. - a. may
: re found accessory .- --'.-a-.e r. TIE MAJ
..- ara ---.-s..a q. Il eve-y --le- a--. NAT
: ter -- ----S necessary f. he r0-p.e-= and
. A--..e rI-T.- 5.--.c..- q: c5.s corporation
s--. - r. ne cir. II View Orleans. state o.:
: I....----.. r.E--e all c.-a-r-- ard --rs- .-za.
: ---e,s shah 5e served l-a- -E- g-es.t=--,
.. .-.---- f--- .- N che absence q Cl--.
..-..-. --- ------s- -..-ezs.--e-.
. A--,--e ItT-L-- objects ard purposes o;
, . --.s -r--o-a-.-- z-e hereby stated ard de-
!. . -.--aF ?. - o. Inv SCI" lease. exchange.
. .-----ve. reclaim ana Develop -ea. estate, .
. establish. care s-- ard maintain farms. plan
. .--e- .-...-.e. IT. --a,.-s ara -a-se-.-s fam
. -.- s.-a. p ~-s-- z-t -s-ves- crops: . buy,
. SCI. -x--a-Ie gov ID :lr-=- livestock; =
....-.E- lands a--E farmers. ard = r-1ys-e
-ra-7-.r-,v: and m particular. @ bay TIE
L-.------ -.---a-.r-. II RE parish Z = NJ
: TIN. and O. create. develop a-t -o.5r,E-
same .-f % --z-- and cultivate crops AMI
.-----.-s. --a-s-- e.--e- -g- .rse.t Or .o- -
.---- -.4e-s W .-- Others
A--.-.- IE.-Tre capita, stock r; cz.s cor
, -. .sr1- .,r 1-. 4v.tz5 .-t5 :-.- ,---sa-t
. ..l.tl. ,----s. g.: the pa value Of -:ty dollars
. So lT each This capita. nav be Increased
% -y. H--t-et thousand t3..z-s.
/ r.s-v -e- cent O.: The capita, row 5xet
shall b. S-rs--f-ei Tor before t-rs charter -
-r-t The subscriptions % stock sLa. Be
rad :g- m cash ~ IT lard. c- ether prop
.--v. or s-- services -e-t=-eL. &. n accord
ace z..-- A. II Il 1914
/ The -r-ra-v nay begin business when
-:-v PER c=-- C.: - capital stock has been
Irs4 Tor.
A-t,-.e VI Each share @: s-,ck n this
'-r---a-v shall REPRESENT ore acre ~ lard,
I--E cash s,-ck--,te- shall - entitled A. the
Ell Of any yea. . surrender hrs stock tcr
-7---srra-.-- s-l % The segregation and de-
livery - hr- ct The amount II land repre-
. se---t hv his sock. II case the company
and the Withdrawing s-1csh1lts- are unable
I 70 agree urC- The location Of me land called
~ nv he stock u the latter. o. u-C- a-y
'7---- question connected with the withdrawal
. Irr TIE s-1ck--Ita-. such questions shall %
, referred % an adjusting board Of wh;cE one
--s--He- shall be scie--et Nv the COMPANY.
are nv he strckr0'te-. ard / rL--i by the
FIST TAO said adjusting board shall appc--
,.5-. a near a. nav be. % the wItht-aslrs
O.: The ard II n. cs-9a7y. said adjusting
[ hoard shall make the same r-1 -arI-E OF a-y
, ether assets and Of any liabilities OF the
. company ANY application Tor withdrawal.
under this article rust Be IN writing, and
must be made during the month Of May Of
each wear ard must be acted upoC before the
! s7IT1u-r-z September
/. The c0r-parv shall - empowered %
. contract vi.h is stockholders, a. they sub
I scribe. 70 establish and maintain upon the
land represented BY their stock such orchards
or crops a. NAV be agreed upon, and the rIz1t
q the stockholders to receive such orchards
: .,ro7 the c1rceIIari1n Of ;heir stock, shall be
evidenced by supplemental certificates. 70 Be
designated as Orchard stock. Or otherwise,
IN accordance with the kind Of orchard or
crop agreed upon. said certificates 70 be issued
, from time 70 time, in accordance with the
Usv--erts made for the establishment and
, 1ainrerarce Of the orchard or plantation.
, The company shall keep a strict account
, / of all receipts and expenditures for the estzb
! lEsh-e-t and maintenance Of the orchards or
plantations OF its stockholders: and. in case
he amount raid BY the Stockholders for their
orchards s- plantations exceed What Is ex-
|perdet a1v surplus shall be returned 70 the
s-3ckh1lte-s: Il being the intent OF this arti-
Gle that the company shall act a. the agent
for is said srockhoIde-s and shall give them
! he benefit Of the actual cost Of establishing
and caring for said orchards or plauratiors.
Article NT.-The directors shall Be author
. ized % accept the Nacherie plantation IN pay
] | r7ent for subscriptions 20 stock according 70
T It's APPRAISED value, as shown on the annexed
J. statement
s Article ETI-Au tire corporate powers Of
: this corporation shall BE vested in and exer-
y clsed BY board Of directors 20 De composed
: OF i've stockholders. each Of whom shall own
: IN his own right. during his term Of oflce, az
: least one full paid nou-pledzed share Of
: stock. which shall be shown By his written
: declaration, three OF whom shall constitute
4 quorum for the transaction Of business
= Provided the board OF directors shall have
: power 20 increase, in their discretion. the
= number Of directors from Eve to twenty-five
= IN which event eight snail constitute
: quorum
J The officers Of this corporation shall consist
: Of a president, vIce-presIdeut, secretary and
c treasurer The ofSces of secretary and treas
c urer nay be held If desired. by cue and the
< same person. The board may, in its discretion,
: elect additional vice presidents not exceeding
J. nve.
J, The following named persons shall cousti-
tute the board OF directors OF this CORPORA
i tor. to-wit: Harry 5. Gersou. 1873 Polyrnuia