The herald., 1915-10-28
October l9, 1915.
ACT, INCORPORATION OF The
plyNnND r. SCUDDER, INC.

DE-
United States OF America, state Oh LouisiaH"
r. i known, that on this 18th day of the
uOuth Of October, in the year one thousand
m, hundred and fifteen, before me, Jener'
m Charles Wenck, a notary pubic, ouiy
uunissioned, qualified and sworn IN and Ioi
et parish Of Orleans and city of New UT,
kans, therein residing, personally came ano
,pp<ared the persons whose names are mere,
mo subscribed, all above the full age oil
majority and residents Of this city, VINO oe'
dared that, availing themselves OF the pro-
nauns Of the laws of this state in such cases
MADE and provided relating to the organiza'
trn Of corporations, and more particularly
AZ ~ Of the General Assembly of Louisiana,
,ppruved July 9, 1914, they have covenanted
md ssreed and do by these presents cove
usni and agree, bind, form and constitute
themselves, as well as such persons as may
hereafter Join or become associated with
hen, into a corporation and body politicc
n Law, for the objects and purposes, and
nder the agreements and stipulations fol-
kvinG to.wit:
Arisle 1.-The name and style of this cor.
rs,iion shall be Raymond b. Scudder, Inc.
~ under that name il shall have and ENJOY
al Of the rights, advantages and privileges
p,nied BY law to corporations and shall con-
nne years from the date of this act. Its
suieile shall be in the city Of New Orleans;
Article u.-This corporation is organized
u The purpose Of the buying and selling OF
mg7f, molasses and syrup together with their
qroduets and other merchandise pertain
4 directly or indirectly to the sugar, mo-
e.es and syrup business; to conduct tor IT.
~ o. as agent or representative Of others, a
rntnl merchandise and commission busi-
ni TO own, charter, lease or otherwise ac-
yr storage tanks, tank-cars and pipe lines,
w lines, vessels, trans, switch tracks,
senr and other railroad equipment, and
snsf means Of transportation, and to sell,
nse hire, pledge, mortgage or otherwise
nnaie the same; to buy and sell, lease,
Syase or otherwise ALLEVIATE, real estate,
tnaeons. WAREHOUSES and buildings OF
WY description in Louisiana or elsewhere |;
u'er into engagements, obligations ana
xs'akinss and to make and do any and all
necessary and proper in connection with
ropal object aforesaid, and to engage
ny other business and enterprise which
@ sermane to or connected with the
.peses above stated.
rres lll-The amount of the capital
mall be thirty thousand dollars ESQ.,
divided into three hundred (3OC
- Of one hundred dollars $4,000 each,
q have been entirely subscribed and paid
fcperty, cash and good will by APP
a statement of the amount of said
sn sne me value Of said property and good
~ng hereto annexed and made part
ine whole of said capital stock Is
~ stock Of equal dignity and power;
- SPaai stock may be increased TO the
An hity thousand dollars (sso,0oO.OO):
-. A'ek 10 this corporation shall be held
- condition precedent and under con.
~. ac agreement in the nature of vested
49, NAT all such stock is so held and pos
:, SUBJECT to the rules and provisions for
IN, H Of same hereinafter set out, to-
mt No sale or other transfer of shares
n III ~ tnis corporation shall be valid I'M
- asiess the opportunity has been first
~ n NC shareholders of record at the
een transfer, sale or other alienation
~, 49, such stock at book value plus
hr,S per cent, the value to be ascer-
~ ue manner herein prescribed. The
4. " Z. acquire said stock hereby first vested
\ .ner stockholders of record shall fol-
~ ~ ek INTO any hands to which it may
y R-.s.say DC exercised against the hold
n - within ninety days from the time
Il =. transfer thereof has been offered
sS,ered on the books Of the corporation.
a. e me duty Of any holder of stock
u operation who intends or desires to
s.s ALLEVIATE or otherwise dispose
"A is. % give ten days written notice
rb-. ssenuou or desire to the board of
n66s.s me corporation, who are hereby
q - agents Of the other stockholders
tr<s..Pose OF such notice, and said board
Mi I. snail give immediate information
y - writing to all the other stockhold-
d,s sa y Before the expiration of the
bssra ~ me receipt Of said notice by
~ -, directors, any shareholder of
~ I. oner to purchase and may acquire
sSra purchase said stock by notifying
y IN directors in writing and there
Posit the price Of said stock in