The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-17
January 70, 1910.
CHARTER
OF THE VAL NJ. TOT-pS N,

= VT HE VAL NJ. TOUPS, INC
United States Of Ancrir, c,,.o ,sr...-.-
Idrlsh OF Orleans City Of New OrIf.rS
.hG 1t known, that on this ninetce,,b A.,
nc "Iphth OF January, in the wear of on
: - ''J thousand nine hundred and sly
go ana OF the independence Of the I-1j+rr
states OF America, the one hundred al -
.'eiH' before me, Gustavc \. Il,rbi,s ,a
, 'a'y publc, duly commissioned sg.o-,, . ',o
Pu9hhtd IN and for the parish Of OIL
- - !" me presence OF the witnesses herein.
after named and undersigned rc-t,,,-ii
came and appeared: Mr. Frank / R,rl.e-
u. NS'eland' Louisiana; Mr. Richard Hal
~ kaceiand. Louisiana; Mr. Sidrry
ip"' + Of Lockport Louisiana. and Mr.. Vsl
VI: I"upS, Of Raccland, Louisiana. an -;
'aid parties being Of full age w
-NIH me sand appearcti declared that
/ '"'..''E themselves o' the laws Of This state
,L a.' 1y Act ~. POI OF 1914 relative 10
. me organization OF corporations, -rr,, H. H.
/ 'heNc presents. agree and bind -bs-,s.i,,ss
| "s wei as such other person, as NAV -
/ HI'yi become associated with them n f,-r,
|.i Constitute corporation for the objects
/ ana purposes and uudc- the article, ana So.
| nI!tons following. to-,yir. '
] -NA'lt The name and title OF this ,,-n,.
1 ii..'.n NhA!i he Val ". ToupS Iuc1rporatrd %
=. rs 'diH name and corporate capacity. II
/ NAti nave and enjoy succession g. IL
term OF nlncty-niuc years from tr,. J,o
nc'''I' and shall possess each and ,.yr~,
power capacity, privilege o- irl,rrri,y ,,.
Z ~
commercial corporations anu
;Nic'e The corporation shall be fa~7;
CD, ~ the city Of New Orleans T,,,5.,,.,,.
ana the president and, IN his absence No.
N.'S-pIr,'dr"i. are designated "a, the rairrrs
.,r "non citation, or other legal process.
= Article 3.-Ihc objects and PURPOSES of This
corporation and the nature II the b,sir,.ss -,
ne carried on by il are hereby declared =, he.
J. 10 carry on general merchandise r,-s-
ne>N by dealing i'm plantation surrIies ~
..lNtrE. hardware groceries and T., COZ
gu Kinds Of household good, and rprrrbar.
".H': receiving same on consignment and
purchasing and selling same directly or on
commission. N'S VI ol
:. 10 operate and maintain plantations o-
i.LAN' and to buy and sell on commission or
"lH''"iNe' at wholesale or retail. rice, sugar
cane or any other plantation producers hut
Ter MIX. cheese and ali other dairy mo |
,lHtt s. eggs, poultry, fruit vegetables and All /
KINDS OF farm products. and 10 transact ali !
BUSINESS incidental or appurtcuant thereto /
, s To buy. own, and sell and rse f5r
breeding and other purposes. horses. cattIc
HHrcl, hogS COWS and other stock
10 grow buy and sell, both n whole
sale and T.SiaiI garden, farm and flower seed.
grams, bulbs trees, plants ard other vegrts !
hleS and Horticultural growths INCLUDING b5v
and alfalfa. and all other farm and ag-iC1i |
,uraI products and implements
> 10 deal IN, purchase, hold sell. improve
and lease real estate. improved o- min, |
proved and to mortgage and crc,r,beT ,bo
same, and to erect manage care for and
maintain extend and alter buildings of All
lindS thereon VI "''
O. And, generally. for the purpose of n.
aiming any Of the objects and pu-noscs
Ibove enumerated and all other objects and
purposes Herewith connected or incidental :
hereto to do any and all other acts and
hlngS which a CopartnerShip or natural me- | {
on could do and exercise and which now ! !
r hereafter may be authorized bv law q
Article 4-Ihe capital stock Of this corpora t
ron s ~, IS now tNed at fifteen thousand dollars Il
Slo,D0Op0), divided into one hundred ard 5
fly shares OF common stock Of the mar vi v
c OF one hundred dollars (SlOOOO each. The B
aptaI stock, IN shares Of the same value 5
Jay De increased, according 10 law, up to the a
um OF fifty thousand dollars 1850 OO0 nn) q
inscriptions TO stock shall be paid for in
ASH ut such times and in such amounts and q
nth such notes OF the subscribers as NAV be a
Ned by the board Of directors, subject to t,
le limitations in this regard now imposed !,
y law. No stock certificate shall issue TO ii
ny person until the payment in full OF the ! q
lareS subscribed for by him. c,
Before any stockholder shall make a sale s.
his stock, he shall offer the same 10 the fl
BARD of directors, which shall act as agent
r the sale Of the stock to another stock q
'lder; provided that if the board of direc- c
rs IS unable to sell said stock. within Q
rty days thereafter at the price fixed bv L
5 owner, the stockholders right to dispose d,
his stock shall become unrestricted d,
Article S-Ihe appearers mere declared that tr
ey nave subscribed respectively TO the
flowing number of shares Of the CAPITAL =;
ock Of this corporation, ,o-wit: Mr.. Frank 81
Barker, Raceland, La, 100 shares; Mr. IN
Chard Barker, Raceland, La. 20 shares; de
r Sidney A.. Bourg, Lockport La, 10 m
ares; Mr.. Val NJ Toups, Raceland, La, 70
The said subscription of Frank L. Barker an
all be fully paid for and settled bv him ri,
the transfer by him to this corporation mn
all the assets property, business and good
n al c4o ay,I oF IL Il
e purchased on December 7, 1913. by said "a,
ank L. Barker from Val NJ. Toups. as per an
under private signature. duly acknowl. ha
Eed before Joseph II. Price, notary for nu
parish of Lafourche. December O. 1913, liza
! registered by the clerk of court for said the
1sh in book of conveyances IS, folio 472; !
! Ivy the transfer by said Frank L. Barker adj
the said corporation Of all the assets and of
sonal property by him since purchased of
added to said store and appurtenant fol
reto; detailed and itemized statement Ne
description of such property being here En-
annexed, and the said property and good SITS
having been appraised by the directors Ma
the present corporation at the values set Orl
n in the memorandum hereto annexed. A
rticle ALI the powers of this cOrpor- ! sto
N shall be vested in, and be exercised tior
board of directors, to be composed of | Mo
stockholders; who shall be elected at me,
tockholders' meeting TO be held for that Ian
pose, annually, on the third Monday of and
uary, at the domicile of the corporation con
IT'S INST meeting following election, the hay
ctors shall elect from their own number A
the term of one year, a president, vice the
ident and secretary-treasurer, who shall fife
ain in office until their successors have stoc
I duly elected and qualified, and who may
i perform such other duties as as dire
ed to them, respectively, by the direc- the
and as provided by the bylaws, stoc
s and regulations TO be adopted for the NEE
alton of this corporation. scri
ticle THE first board of directors of cleo
corporation shall be composed of Messrs. wai'
TX L. Barker. Raceland louisiana: Rich Al
Barker. Raceland, Louisiana; Sidney A. alte
-g, Lockport, Louisiana and Val NJ be
IS, Raceland, Louisiana, with Mr. Frank vote
Barker president, Mr. Val NJ Toups stoc
vice president, and Mr.. Sidney A. purp
z as secretary-treaSu-er. And these d.. prov
,rs and officers shall serve until the In
Monday of January, 1917, (when the to
election of directors under this charter of
be held or until their successors have the
duly elected and have qualified. Tn
ne and passed in my office, at New Or in Il