The herald. [volume] (New Orleans, La.) 1905-1953, 1915-01-07

SSypotheSale rear ana personal property IN the |
State OF Louisiana or elsewhere; to make and |
use corporate seal; to name and appoint |
directors, managers for the management Of the |
business and affairs of the said corporation
pleasure; also to make and issue bonds and
other evidences of debt, and TO secure the
same by mortgage otherwise.
All citations and other legal process shall be
served upon the President, and in the event
OF his absence or inability TO act from any
cause, the same shall be served upon the Vice
President or the Secretary treasurer.
Article 1.-THE objects and purposes for
which this corporation is organized, and the
nature of the business TO be carried on by il
are hereby declared to be: To buy. SELL raise,
import, export and generally deal in ostriches,
ostrich eggs, and ostrich feathers: to raise,
buy, sell, import, export and generally deal in
all poultry, eggs and feathers; TO manufac-
ture, buy, sell, import, export and generally
deal IN incuhators, food, feathers any mar
keting ostrches poultry and alligators; to
hatch, breed and raise, by natural or artificial
means, ostriChes any form of poultry; 10
raise hatch, buy, sell, import, export and gen,
orally deal in alligators, alligator hides and
skins, and articles made from such hides and
skins; to print, publish, and distribute maya
ziues and literature OF every class and de-
scriptOn; to exhibit or show III any manner
whatever any ostriches, birds, poultry or alli-
gators; TO manufacture, renovate, repair, buy,
sell, import, export and generally deal IN
ostrich feathers, and to carry on any activi-
ties which have TO do with the specific pur-
poses herein set forth, and especially TO buy,
sell, lease hold and acquire real estate, and
any other property necessary or incidental TO
the proper conduct OF said business and 10
mortgage and pledge the same.
Article lll.-Ihe capital stock OF this cor
poratlOn is hereby fixed at the sum of twenty
fve thousand dollars $4,000, divided into and
represented by twenty-five hundred shares OF
the par value OF ten dollars $1,000 each.
The limit to which the capital stock of this
corporation may be Increased is hereby named
as fifty thousand dollars CS50,0O0).
Article IN-All the cOruorare mowers of this
corporation shall be vested IN and exercised
by a board of three directors, to be composed
of stockholders, two of whom shall constitute
a quorum for transacting all business. The
! Board of Directors shall be vested with full
power and authority TO make all contracts,
purchases and sales, and adopt all bylaws,
rules and regulations for the government OF
the business and affairs OF the company. and
alter, amend and change the same at pleas
| ure; appoint, hire and discharge all officers,
| agents and employees, fix all salaries, and
| generally do and perform all things necessary
| in the transaction of III. business and affairs
OF the Company Any vacancy occurring IN
said board shall be filled by the stockhold eIs
in the manner provided in the election of d.
| rectors.
| The first Board of Directors of this corpora
| tion shall consist OF Lafayette NJ: Hughes,
John F. Gerlicher and Edward w. Rogers,
President; Edward w. Rogers, as vice
president, and John F. Gerlicher, as Sec
| rotary treasurer, who shall hold their offices
|
| 1915, until their successors are duly elected
| and qualified
On the second Thursday in November, 1915
| and annually thereafter, an election TOR dI'
| rectorS shall be held at the office OF the COM
pany, under the supervision of three commits
| sioners TO be appointed by the President, and
the directors then elected shall take thell
seats Immediately and shall hold ONCE unit
their successors are duly elected and quail
fed. Each board shall elect its own othcers
which shall consist OF president, vice
president and a secretary treasurer
All corporate elections shall be by ballot
and a majority OF the votes cast shall elect
and each share of stock shall be entitled e
one vote either in person or by proxy.
Written notices of elections shall be giVei
to each stakeholder by the Secretary treasure
, at least ten days prior to elections.
Article V.-This act Of Incorporation may b.
changed. altered or modified. or this corpora
ton dissolved, with the assent OF two-thlrd
of the stock present or represented at an!
| general meeting of the stockholders convene.
for that purpose after prior notice OF sue
meeting shall have been given in writing I
each stockholder or mailed to him at his las
, known postoffice address, all in accordanc
with the terms of Act No. 20 of 1914
Article VI.-Whenever this corporation /
\ dissolved either by limitation OF its charte
! or from any cause, its affairs shall be liqul
dated by three commissioners TO be appolnte
\ from among the stockholders at meeting
the stockholders convened Tor that purpOs
after prior notice shall have been gwen D
the Secretary to each stakeholder. Said CON
missioners shall remain in office until IN
affairs of said corporation shall nave pee
fully liquidated. In case OF the dea,n Of elthe
I commissioner, the survivor shall continue
I act, all as provided under the terms OF SCI
X ton 30, of Act 267 of 1914.
ri Article VII.-No stakeholder of this CO..
N poration shall ever be held liable or respoi
sible for the contracts faults thereof
N any further sum than the unpaid balance d.
" 10 the corporation on the shares owned b
v him, nor shall any mere informality in organ
N zation have the effect OF rendering TINS sha
" ter NULL nor of exposing stakeholder TO an
D liability beyond the amount OF ms STOCK.
v The following have subscribed the numb'
D of shares placed opposite their names ar ar
y this act may also serve as the original SUI
/ scription list:
L. NJ. Hughes, New Orleans, La, 1000 share
n E. w. Rogers, New Orleans, La, share
l. +. Gerlicher, New Orleans, La, ~ snare
The subscription of L. NJ. Hughes IS pa
| as follows:
Fifty ostriches, in sound condition. said
be of value of more than $4,000, and heret
accented by the other subscribers at tn
value of $4,000; goodwill, experience, al
services and labor thus far gwen TO me me.
ganization of the company, So,UOO, ana TINS
hereby accepted by the Directors and su
scribers at the value OF $500
The other subscriptions shall be paid
cash. :., N;
Thus done and passed in my notariai ON
in the City of New Orleans, aforesaid, IN I
! presence of Francis P. Burns and Antho
Schiro, competent witnesses of lawful age, a
| residing in this city, who hereunto suosGIi
their names. together with said parties a
me, notary, on the day and date set forth
the caption hereof, all after due reading Oh
II whole. :.
The following ten words on page one =
ISOLATED with them" and in the state
louisiana or elsewhere" added and interlin'
approved before signing. \, H.,
Original signed: Lafayette M. Hugh
1000 shares; E. w. Rogers, 5 shares; J. +. u
"a ''.He'' JOHN R. ! UPTON TON: Not \ s.b Pub
ed the undersigned, recorder of mortgai
in and for the Parish of Orleans, State
Dr.. Louisiana, do hereby certify that me aSS
ed and foregoing act of Incorporation OF the
it Orleans Ostrich Farm, Incorporated, was :
ID, day duly recorded in my office, IN book II
ms folio
all New Orleans, December ), 1914.
ly true copy. q ,o,,
to JOHN R. UPTON, Not. Put
We Revenue stamp cancelled.
Its dec 10 II "a 81 Jan IA