The herald. [volume] (New Orleans, La.) 1905-1953, 1915-06-03
ACT OF EXPERIMENTATION
LEBoURGEoIS & BUSH INC.
| State of Louisiana, Parish Of Orleans, City Of
New Orleans.

state OF LOUISIANA, Par1Sn OF OrieanS, City OF
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 +. Fletchinger, 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 oind
themselves, as we'll as those who may here
after become associated with them, to form
themselves into a corporation for the objects
and purposes, with the name and under the
stipuiations following, towit:
Article THE name and style OF this cor;
poration shall be "LeBourgeois Bush, Inc.
and by said corporate name it shall have
succession and enjoy existence for period
of ninety-nine (oo) 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 it shall have power
and authority TO contract, sue and be sued, to
make and use a corporate seal, the same 10
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 are now conferred upon or may
hereafter be granted to corporations of the
Article 1.-THE domicile of this corporation
! shall be in the City of New Orleans, state OF
! Louisiana, and all citations and other legal
processes shall be served upon the President
or, in his absence, inability to act, upon
| any other officer of the corporation.
Article III-The objects and purposes Tor
which this corporation is formed are 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 to time Determine tc
purchase, lease or otherwise acquire real
estate and to hold, improve, mortgage OF
dispose of the same; TO purchase, produce, re;
| fine and sell rice, sugar cane, syrups anC
molasses and all the by-products thereof, and
to import and export the same; 10 ACQUIRE
lease, construct and operate sugar mills, re-
| fineries and factories; to acquire, lease ane
| operate plantations of all kind; to make ad
| vances; TO borrow money on crops growing o.
! 10 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 pubic ware
houseman; to operate barges and barge lines
| 70 buy and sell foods or other products
| germane to the business Of this company To-
| its own account or on commission oasis
| to acquire stock in other corporations ana U
| vote the same: and generally, to do and per
| form all acts incidental or germane to th'
accomplishment of the objects and purposes
| above specified.
Irt;cle IV-The authorized capital stock o
this corporation is hereby fixed at torty-tiv'
thousand (s45,O0O) dollars, divided into tou
hundred and fifty (450) shares OF the pa
value of one hundred Csl0O dollars each, all o
which shall be common stock, and the SAM
| NAV be issued for cash money, or in paymen
| of property or services actually received b!
or rendered to said corporation.
This corporation shall commence bushes
| and become a going concern as soon as forty
Ave thousand dollars of its capital stock shai
have been subscribed and paid for; said stool
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
tures hereto. aggregating Forty-hve THOUSAND
(s4s OOO Dollars, the same 10 be paid tor II
| cash or in property or other chooses, IN actor
or notes of the value satisfactory TO the hold
ers. The Board of Directors hereinafter ere
ated is specially authorized to dispose OF IN
stock for any and all OF the purposes aoov
stated, as in its judgment may seem fair an
proper. :,
Increased or decreased, from time TO time, {
anv amount not exceeding One Hundred Thou
sand Dollars, in accordance with the provlsio
of the law appertaining thereto.
Article V-All of the powers OF this corpor
alton shall be vested in and be exercised by
board of directors composed OF not less ina
three nor more than FIVE stockholders, as IN
board of directors may from time to time oe
termine, to be elected each year by the stock
holders at the annual meeting; each direeto
shall be bona fde stakeholder, and the hrs
election 10 be held on the first Tuesday I
February, 1916 and until their successors ar
elected and qualified. with their postothc
addresses, are as fallows: