The herald., 1916-07-06
CHARTER



Z Pr. -. Ir.,~. tna' .r .I.- is, Isv ui the
. ....-' ... Ir-.. "a '.a yea. az su- Lord oGr
q r..H-..1 ..s. hrs ir-1 AMI sixteen. before
. -. I.-.. L. ~t-n. % notary public. Iu,y
7 ...r.... -......E and ........rt .- and :l- the
. PARISH .F Orleans and ~ the presence a:
. t.r witnesses hereinafter named and Gudcs-
..ys.L personally .a-c ana appeared the
I ....,.. ,..-..- .,,... name. are 1,-rua.o
/ subscribed VII, ,rvgrt..v declared thai
ar..i.rr themselves - the provisions of the
/ avs .r 'u., Safe relative - The oIgansga-
. .... ... ,...-.-..#f.r.-. they have contracted
I and agreed ard q, by these presents con-
! tract ami agree aud bind and phligate them
I SELVES u.s. well as all such persons as may
I .....r.... associated g.-. them % form them
/ ...rr, .~.. ana '5n,.l,Ite a corporation and
! -..Iv Dri..r. in law f.r che objects and rur-
/ r.-r- ar! under the condition, and srip,ia-
/ '..u, o. the article, 'rllaHirg tp.w:t:
| h.re'r The -lme and ttlc Of the said
! corp ..afsou shall hr Louisiana STATE Rice
n .I..ry Crrrauy Inc. aud under It's said
I ..r..-ttr name II shall have aud enjoy sue.
| ,,,,iur flr tn. full term and period Of nine
/ .y.urrr yrl-. from. and after date hereof
| and shall rty. p,Kr~ and authority u con-
...,- size ami h. sued. 90 acsrt, and receive
! -rgpr.g g,r,- l,frIyr. To-. other hypothccarl0rS.
! 20 make and use q corporate seal and the
! same ID break and alter AZ pleasure. To pur-
chase receive lrt,e hold ~ otherwise 40
4,I.rr and convey ID, well As mortgage And
| hyp.,hrea'r under is corporate name, prop
| ,r'y b..h real aud u--,Irf,i pr mixed. 70
| name and ,pp,i-,r ,u,h manager, and dirr,-
| r,-.. atfrr-. and AGENTS. and establish branch
Offices At IT'S dpr!.cIlr or here As the
| .n,r-r., and convenience of said corpora
! fr.r may rrgrfrrr aud 10 maxi. and c,.s jlIsh
| a., we'll as fp alter and amend al measure
! such hy-IsWs rules and regulations Tor the
pr,r,g management and regulation Of the AT.
fa.r, IF ,sid corporation 4, nav be necessary
/ and urpper
| ArrFr'c 1.-The f,usr,lc Of ihs said cor
| ,,,-.,ff.u shall he. AZ N.x Orleans Parish of
i-',3-, state If Louisiana and al, eta.
upon the president Of said corppration OF in
.,,r If H., absence ,,r,r. one II ~ vic.
pr.,id,nf, ny in The absence of all nj thes-
| officers. upon the secretary II the corpora
| Ar+,.Ir IIT-The object. and ru-rosrs for
which mi. ..-r,r.,t.,n J.. ,ry,rr5rd and the
nature, nf ,hr Iu.Iur-, 2, be carried on hy
d, .. I.-..r,,, j..13-.I =, h.. T. ,-,,,1-. Iy
purrh.,,r lease d,usti,r exchange or other.
20. and to h,l9 nper1.e ell slfer,t- ny
rur,riler real pers,nal and mixed DroDerty
If every description and Kind. and partir,I.
! larIy rice mills. paper mills. feed mills. cold
storage plaut, irrigation plants. canals
jumping station, lands. warehouses, and tie
aprur,enancr, thereof. or such other plants
and machinery As NAV he operated for IN,
manuf,r,u-c and prenSratIon for the mark.t
II nee or nee p-pdu-t, o- by-nrodicts Of anv
| Kind. or articles made or dcycIooed from Inc
nee plant or any part thereof. or any other
,yarI pledye rrrriv: on r1nsiynncn+ r,ak.
gdygIrrs m and handle rirr rec n-,i,rtS
and bv.produrts NJ ali tirds ana a~tirI.s
md. gr JSysI,neJ -, NE -. ,Ia1t ~
dICt,. IN obtain ce-.ifc1trs a. r,tbiic VAR.
bous,,u,n and airy an b,s;,r.s a. SUI
10 buy Or Otherwise acquire and 10 sell or
aIic,,.- s,cL. t,v,,e ~ ,tbcr r,c~rbsrJ;S.
connected with or used in the handling Of
the business, herein. In acquire the proorrty
business and goodwill OF any individuals
en- nv r,rn.,-,;,,s e,-,ooJ :, 49,, - ~
h,,.;n,s.ss air,T,.ya,.d sb6ya. - - ~
real property and improvements thereon as
may be necessary or convenient :, carry
out the purposes herein declared: to issI.
bonds, mortgages and hypothccati5ns 20 IN.
extent necessary or pr1icr in It's business.
| 10 s.1u;rr and boId sell. enrur,5cr or ais!
ppsr nf stocks and b,ud, az ,th-r c,r,nanies
| 10 the extent prr-uit,cd bv law. Ia exchange
| for property which il is AUTHORIZED hereby 10
| acquire, nr 10 exchange lis entire assets and
| business or any part thereof for money
propcrtv. stocks. bonds or other obljga,;o9s
| II other companies: and generally 10 do any
and an SI,L ,rts ard things as nav ~ sill
he necessary. convenient or D-oper :, carrv
out said objects and purposes.
Article lV.-Sec,ion !. The capital stock
of the SAID cnrpnratior * hr-rTy Sy.d ~
f5ur million three hundred tHirtv,fonr tboT.
sand five hundred dollars tS42l4 $1,000, di-
yfdcd inn, fortv.three thousand thee bu,d-ed
forfy-fyc t4lSisD share, Of the mar value on
one hundred dollars tsICOnp EAR NJ ,,IiCL
ten thousand lpUW shares shall he n-..
fcrrcd stock elias, a " three thousand fhr,r
hundred fnr'N-flyr q lISl shares shall la.
preferred stock class "B" and thirty thou
Sand lMu0y share, shall he r,rrr,,r So
Section , The holders II the prefcrred
stock elias, a shall he entitled n recriv,
when and as declared fr,u, rh.. srr-nlus or
ne: profits Of :he coronation dividends a,
the rate 1f seven per certur7 90, prr an.
mum. and NJ more. p7yable sem. Annually
on the frs, DAYS O; January AVID T,lv j.,
each wear
Dividend, on the said class "a" preferred|
stock shall be cumulative from Line / IqIb
and shall have preference and priority over
the preferred stock class "R" and ne rnrr
mon stock. So that at no time shall any
dividend be declared, set apart for or paid
on the preferred stock class h or on the
C"WLnou stock unless At such time all divi-
| bends IN the class N preferred stock at
| me r"'c 81 seven per centum HtCD per an
nam winch shall have matu-ed, shall have
! "'sh "a'''ied i'u paid IN iuI and the cur
tS". N.'. annual lhstaI'Meht u dividend
thereon shall also have been declared, Should
t"E m, 4! OF dividend on the SAID
class n preferred stock not be paid IN
N.llie, or IN part; the deficiency shall be
I.'H 800 any u'ldetd Nn'lI "g declared
-" ...L S.'>N n preferred Stock or upon
S..
a. ~" u, i"' N,,'Io' a'IpH SHt'! nave me
- So, ~ 2.'L 'o.G,'h l'e Outstanding
'Irme- ~ ''-.iiI 81 anu yen PEI SShtuin
uLe,bc- d,II,-.5 - a., 0.,,l'tIiNe u'vlaeIds,
-rJe,1,.;r bo,,o y. ~ u,P"'I 'HSse9n' ouSh
-. H. "a ,'., ", san oe llaue only
irg ~ ,b-ceF,,.-,L - ~ 0o.,Sr... :" WY
,,,,st,-,4,rg "a 49,, nc C3...''gn st .D.
prcfr--rI s,1rE bss -, -.
money for the re,ire,crt ,baC.,F -, ne
N.fyrr ~ s.,.b -e4e,r,n.;,,, sS.ir Ss s
by mailbag srrIe 2, ali n-cfe--sI ci,ss "a!