The herald., 1915-05-13
ACT OF INCORPORATION
OF
LEBOURGE0IS & BUSH INC.
State of Louisiana, Parish of Orleans, City Of
New Orleans.

State of louisiana, Parish Of Orleans, City of
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 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
stipulations following, towit:
Article 1.-THE name and style of this cor
~poration shall be "LeBourgeois x Bush, Inc
and by said corporate name it shall have
succession and enjoy existence for a 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 I'M
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 TO
alter or break at pleasure, to make all necces-
sary rules and regulations for its corporate
management and control, and shall have and
C1JOy all Tx libhhSf
ties which are 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
Louisiana, and all citations and other legal
processes shall be served upon the President
or. in his absence. or inability to act, upon
any other officer OF the corporation.
Article 1.-THE objects and purposes for
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 d.
rectors may from time to time determine; to
purchase, lease or 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
moiasses and all the by-products thereof, and
to import and export the same; to acquire,
lease, construct and operate sugar mills, re,
fineries and factories; to acquire, lease and
operate plantations of all kind; to make ad-
yances: 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: 10 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
rs own account or on a commission basis;
10 acquire stock in other corporations and TO
vote the same; and, generally, to do and per
form all acts incidental or germane to the
accomplishment of the objects and purposes
Article IV-The authorized capital stock of
this corporation is hereby fixed at forty-f1ve
thousand (s45,OOO dollars, divided into four
hundred and fifty (450) 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 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 non-assessable
The parties hereto declare that each. sub
scribed for the number of shares of said cap
ital stock set opposite their respective sigma,
lures hereto, aggregating Forty-hve Thousand
ga, OOO) Dollars, the same TO be paid for IN
cash or in property or other chooses in action
or notes of the value satisfactory to the hold
ers. The Board of Directors hereinafter ere
ated is specially authorized to dispose OF the
stock for any and all of the purposes above
stated, as in its judgment may seem fair and
proper.
increased or decreased, from time to time, to
any amount not exceeding One Hundred Thou
sand Dollars, in accordance with the provision
of the law appertaining thereto.
Article V-All of the powers OF this corpor-
alton shall be vested in and be exercised by a
board of directors composed of not less than
three nor more than FIVE stockholders. as the
board of directors may from time to time de-
tcrmine, to be elected each year by the stock
holders at the annual meeting; each director
shall be a bona hde stakeholder, and the hrst
Board of Directors who shall serve until the
election to be held on the first Tuesday IN
February, 1916, and until their successors are
elected and qualified, with their postofhce
addresses, are as fallows: