The herald., 1915-05-06
ACT OF INCORPORATION
OF
LEBoURGEOIS BUSH INC.
State of Louisiana, Parish of Orleans, City Of

LEbOURGEOlS q BUSH I'M.
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, 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 & Bush, Inc. "
and by said corporate name it shall have
succession and enjoy existence for PERIOD
of ninety nine (9o) 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, 10
make and use 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 lmmunl-
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 iega,
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 ae
he business of
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; 70
nurchase, lease or otherwise acquire real
pstate and 70 hold. improve. mortgage or
dispose Of the same; to purchase, produce re,
fine and sell rice, sugar cane, syrups ana
molasses and all the by-products thereof, and
to import and export the same; 10 aTqulIe'
fineries and factories; to acquire, lease ana
operate plantations of all kind; to make adj
vances: TO borrow money on crops growing OF
10 he grown: to loan money and negotiate
,oo-toages. TO build factories, warehouses, and
TO construct and operate railways, tramways,
switch tracks and barge lines IN eonnecton
Herewith; to do business as pubic ware
bouseman: TO operate barges and barge lines
~ ~ and sell foods or other products
germane to the business of this company ior
It's own account or on commission Dasis
10 acquire stock in other corporations am 10
vote the same; and, generally, to do ana per
g., ali 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 torty-five
thousand (s45.OOM dollars, divided into TOUR
hundred and fifty (4S0) shares OF the par
value of one hundred CSl00 dollars each, all OF
which shall be common stock, and the same
NAV be issued for cash money, or IN payment
az nroperty or services actually received oy
NJ 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 shail
have been subscribed and paid for; SAID STOCK
sbaII he fully paid at the time of its issuance
and thereafter worcestershire. It
The parties hereto declare that eacn SUD-
ecr;hed for the number of shares of said cap
ital stock set opposite their respective sigma,
lures hereto, aggregating Forty-hve ihousano
(s45yOOO) Dollars, the same to be PAID for IN
or notes of the value satisfactory to the mold
ers The Board of Directors hereinafter gre
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. ..;o, NAV he
Increased or decreased, from time TO time, 10
.nv amount not exceeding One Hundred Thou
sand Dollars in accordance with the provision
of the law appertaining thereto.
Article Vail of the powers OF TINS coIpoI-
alton shall be vested in and be exercised py
board of directors composed OF not less tnan
three nor more than five stockholders. as the
board of directors may from time 10 tline uS
termine, to be elected each year by the stock
holders AT the annual meeting; each director
shall be bona fde stakeholder, and the MS u,
Roard of Directors who shall serve until tne
election IN be held on the first Tuesday IT
February, 1916, and until their successors are