The herald., 1915-05-20

agree and bind themselves as WEI o.,
ali such persons as may hered -, a
come associated with them, 10 l oi y. !
cornoration for the objects ana puIPoo9,
and under the articles and stlpula''o''9
| following. tO-wlt: -. .or,ora-
| Article THE name of this corpoIa
| 80, s6ou he LoiseTs Model Farms, IN
cornorated" and under its sald cor
| name it shall have power ana autn ,ncs
! 10 have and enjoy corporate eNIS'od
and succession for the run term a.
| nriod of ninety-nine years from anu
| after the date hereof; to cohtrdCt'
sue and be sued, TO make anu ~ aItar
corporate seal and the same W go
and break at pleasure 10 holu' 10 ~
lease purchase and convey, as wen a.
mortgage and hypothecate Pipp "a
| real personal and mixed cOrpoieai CT
| incorporeai; TO name anu aPPoiH oaicars
| managers, agents, directors anu oli Hooao
as it's business interest and cohNehSnI
may require, and to make ana esta 49,
as well as alter and amend from III,
TO time such bylaws, rules anu res nc
| tions for the proper government y, 10
affairs of said corporation as may p'
necessary and proper tn. - ,bis cor
| Article 1.-THE domicile or this " VI
| noration shall be in the city OF New
| Orleans. State of Louisiana, ana an Slt d
tions or other legal process snall pe
served upon the President or sdiu ~
| noration or in the event or MS apseiO.,
mon The Vice-President thereof and IN
the absence of both of said ofhcerS' uPoii
the Secretary of said corporation.
Article III.-The objects and pur-
! noses for which this corporation is or
| Ponized and established and the nature
| of the business to be carried on py ~
are hereby declared to be; 10 ehSdSe "
the dairy business, and in the cullIEa-
ton and selling of all farm ana plail.a,
tion products of every nature kind ana
character whatsoever; in the ralsLls'
buying and selling OF cattle' Hiules'
jennets, horses, mares, colts dohkeys'
sheep. goats, hogs, poultry geese;
ducks guinea fowls and ostrlches; anu
i'm furtherance thereof to buy, tease Vi
acquire such real property as may pe
necessary to properly cOhuuct anG pm PM
cute said business; in the establishment
and maintenance of factories, plantS vi
otherwise; and generally to DO ana per
: form all things pertinent ana lhcluenl
and which may be proper anu ne obients
, to carry out and execute tne opJe0'0
and purposes of this corporation.
Article IV.-The capital stock OF TINS
corporation is hereby fixed at the SUN SUI
of Twenty Thousand and OO/lO0 WV
600 OO). Dollars divided into and repre-
scented by twenty hunderd (2,OOO) shares
, of the par value of Ten ana wv lv V
10000, Dollars each. Sald STOCK sia i
, be paid for in cash, or in such lhstaIi-
. ments and at such time and after sucil
notice to subscribers as the Board OF
Directors may fix, or same may oe
Z issued at not less than par TOT lao1 "a
done and services performed Tor saio
q corporation. or for properly or rlShts
: actually received by said corporation
= Ten Thousand and 0O/lOO t$lO,OOO.oOJ
= | Dollars of the capital stock mas Deet
a | subscribed to the corporation at the time
:. of the passing of this act or lncOrpora'
= ton, and this corporation SNAIL DecoIilt
: a going concern and shall be author-
q lied to commence business as soon az
= Five Thousand and 00/1O0 (S5.OOO.OOj
: Dollars of its capital stock shall have
:, been paid for, either in cash or for LABOR
4 done. or services performed for saic
| corporation, or for property OF rlSh's
| actnallV transferred to II.
: Article V.-The capital stock or thls
), corpora ton may be increased TO the sun sun
! of One Hundred Thousand ana W. Io'
i | (s1O0, OO0.OO) Dollars, by vote or Two
thirds of all of the stock, at meeting
; called for that purpose.
= Article VI-Transfer of stock shall b'
h made only on the books OF the corpora
y ton. subject to such regulations anC
, formalities as the Board of Director:
N may prescribe. Any stockholder wlshlns
" to sell his stock must offer the same IL
= through the Board of Directors, at {
n price not exceeding the book valu'
thereof. who shall have an option q
: purchase all shares of stock to be ais
II posed of by sale, resignation, death, o.
% otherwise, or any of its members, AM
q they shall have fifteen days in which t
~ accept or decline said offer. Should IN
d Board of Directors decline to purchas
II any stock the stakeholder who has mad
the offer to sell, may then dispose o
j. his stock in any manner or at any prlc
! he may see fit, but any sale or transfe
"a made by a stakeholder in violation o
~ this article shall be void, and no trans
= fer of stock shall be made on the book
70 of the corporation unless the provision
% thereof are strictly complied with.
10 Article VII.-All the corporate power
In of this corporation shall be vested i
ir and exercised by Board of Directors
"a composed of nine 90 stockholders, fiv
70 of whom shall constitute quorum TO
= the transaction of business.
Victor T,Oisal. A G. CARPENTER, EdWar
ia o. Wild, Rene F. Clerc Denis Clemen
F. II. Lyman, William q. Hudson
in Edouard F. Henriques, Raoul Sere sha
IN compose the first board of directors Q
in this corporation. This first board @
ia directors shall serve until the secon
o. Monday in April, 1916, after which tn
IN directors shall be elected annually b
ne the stockholders at meeting to be hel
10 on the said second Monday in April c
each year. Said meeting of stakeholder
Is to be preceded by fifteen days notice
,r writing sent to each of said stakeholder
al at his or her last known place of res
ar dence Each stakeholder shall be ell
OF titled in person or proxy to one yoi
a for every share owned by him or he
nd all elections shall be held unda sue
he rules and regulations as may be dete
he mined by the Board of Directors. I'll
Directors, when elected, shall oontinl
to In office for one year and until the
Oh successors shall have been duly electe
I'M ana shall have been qualified, No fai
IS uTe To elect shall operate the forfeitu
nj OF this charter OF any right under u
he same, Any vacancy occurring on sd
nd heard shall he tilied by the remainit
hi Directors far the uhesplred term,
al Victor i,aisei shall he PRESIDENT A,
mi CARPENTER Vice. PRESIDENT ~, -, VII
vi, Secretary, snd Rene ~ ciefe, ffeasuf
ns 6f the FIRST Heard ef Directors, 90 ser
.nt until the second Monday IN April ipi
he Article Niit,=The funds OF this 90
a poratlnh shall be deposited from time
time IN bank or banks TO he seleet
nil by the Board OF Directors. All check
av notes or instruments drawn or execute
Ise or Issued In said corporations mar
Nv shall be countersisned by at least "
nd officers OF the corporation. No ofTici
nd shall thus sign or endorse the name
ts the corporation save strictly In
gs concerns.
Or Article 1X.-This act of Incorporate,
all may be changed. modified or amend
as- or the capital stock increased or d
he creased by and with the consent of tw
on thirds of all the stock
ull change In the objects and purpos
he may be made only by vote of all q
is stock therefor issued; and an increa
of the capital stock in excess of q
de amount originally named herein as 4
Ter amount to which the capital stock m;
Ird be increased may be made by thre
fourths of all the outstanding stock.
ed This corporation may be dissolved
a vote of two-thirds of all the stoc
ct holders at meeting called for tn
to purpose.
nd Notice of all meetings referred to
ed this Article shall be given in the sar
he manner as is provided for the Civil