The herald., 1915-05-27
ACT OF INCORPORATION
LEBoURGEOIS BUSH INC.
State of Louisiana, Parish of Orleans, City OF
New Orleans.


New Orleans.
| Be it known that on this, the 9th day of
the month of April in the year of Our Lord
one thousand nine hundred and fifteen and of
the Independence of the United States of
America the one hundred and thirty ninth,
before me, Charles F. Fletchinger, a Notary
Public duly commissioned and qualified in
and for the City, Parish and State aforesaid,
and in the presence of the witnesses herein
after named and undersigned. personally
came and appeared the several persons whose
names are hereunto subscribed, who declared
that. availing themselves of the provisions
of the laws of this State relative to the
formation and organization of corporations,
they have covenanted and agreed and do, by
these presents, covenant, agree and bind
themselves, as well as those who may here
themselves into corporation for the objects
and purposes, with the name and under the
stipulations following, towit:
Article 1.-The name and style of this cor
poration shall be "LeBourgeois & Bush. Inc :"
and by said corporate name II shall have
succession and enjoy existence for a period
of ninety-nine C99) years from this date unless
sooner dissolved in the manner provided by
law and the Articles of this charter and un-
der said corporate name il shall have power
and authority to contract, sue and be sued, to
make and use a corporate SEAL the same to
alter or break at pleasure, TO make all necces-
sary rules and regulations for its corporate
management and control, and shall have and
enjoy all the rights, privileges and immuni-
ties which now conferred upon or may
hereafter be granted to corporations of the
same kind and character.
Article 1.-THE domicile of this corporation
shall be in the City of New Orleans. State of
processes shall be served upon the President
or, in his absence, or inability to act, upon
any other officer of the corporation.
Article III-The objects and purposes for
which this corporation is formed de-
clared to be to conduct the business of Sugar
and Rice Brokers in the City of New Orleans
and at such other places as the Board of Di-
rectors may from time 20 time determine; to
purchase, lease otherwise acquire real
estate and to hold, improve, mortgage or
dispose of the same; TO purchase, produce, re-
fine and sell rice, sugar cane, syrups and
molasses and all the by-products thereof, and
to import and export the same; to acquire,
lease construct and operate sugar mills, re-
fineres and factories; to acquire, lease and
operate plantations of all kind; TO make ad-
vances; to borrow money on crops growing or
to be grown; to loan money and negotiate
mortgages; to build factories, warehouses, and
to construct and operate railways, tramways,
switch tracks and barge lines in connection
Herewith; to do business as a public ware
houseman; TO operate barges and barge lines;
to buy and sell foods or other products
germane TO the business of this company for
its own account or on a commission basis;
to acquire stock in other corporations and to
vote the same; and. generally, to do and per-
form all acts incidental gerrnane to the
accomplishment of the objects and purposes
above specified.
Article IV-The authorized capital stock of
this corporation is hereby fixed at forty-five
(S45 000) dollars, divided into four
hundred and fifty (4SO) shares of the par
value of one hundred (sl00) dollars each, all of
which shall be common stock, and the same
may be issued for cash money, or in payment
Of property or services actually received by
or rendered to said corporation.
This corporation shall commence business
and become a going concern as soon as forty |
FIVE thousand dollars of its capital stock shall
have been subscribed and paid for; said stock
shall be fully paid at the time of its issuance
and thereafter worcestershire.
The parties hereto declare that each sub |
scribed for the number of shares of said cap |
tal stock set opposite their respective sigma |
lures hereto, aggregating Forty-hve Thousand
(S45 0O0) Dollars, the same TO be paid for in |
cash or in property or other chooses in action |
Dr. notes of the value satisfactory to the hold |
Frs. The Board of Directors hereinafter Gre |
ated is specially authorized to dispose of the |
stated, as in its judgment may seem fair and
proper.
The capital stock Of this corporation may be |
increased or decreased, from time to time, to /
my amount not exceeding One Hundred Thou
Iand Dollars, in accordance with the provision |
Il the law appertaining thereto
Article YAH of the powers OF this corpor- /
ltion shall be vested in and be exercised by
,oard of directors composed of not less than /
hree nor more than five stockholders, as the /
,oard of directors may from time to time de-
ermine, to be elected each year by the stock
folders at the annual meeting; each director
hall be bona fde stakeholder, and the first |
lection to be held on the first Tuesday in
February, 1916, and until their successors are /
lected and qualified with their postofice !
ddresses, are as fallows: