The herald., 1916-08-17
CHAR TER


nrrTA SECURITIES COMPANY, INC.
OF II iouisiana. Parish Of Orleans.
SAFE % t,osn that on lIs the fifth day Of
DC IN of Iuly, in he year OF our Lord
DE Ito na, nine hundred and sixteen, be-
5ne -. Cutbbert s. Baldwin, notary pub.
t9s ~ - commissioned and quallhed, IN and
Nc IVY o.rish and state Aforesaid, therein
Tor tps "a in the presence OF the wit
rsioms he,einafter naTed and undersigned,
nesse, Is ,ame and appeared the persons
-. ,smes are hereua'O subscribed, all OF
a. an az, Of majority, and residents OF this
IN and state, Who SeyerSliy declared
rn'" ceiling themselves Of the provisions
hi, 49, a., - the legislature Of this state,
o. 1h "a art No. 26 Of the acts OF the scs-
ro" =, io4 they do. by these presents, COW
wv .er,, and bind themselves, as well as
M n s,rh other persons as may become here
\ as, sSsoeiated with them, in order to form
Ai ,on.,itute a corporation or body politie
ino 70, the objects and purposes, and
n, stipulations following, to-wit:
'nu.; The name and title of this cor
49, shall be Delta Securities Com
~ ~ Inc" and il shall have and enjoy
r.-,.,ion and existence for period OF
.,,.nin, wears from date hereof. II shall
Sn., ,he poxer and authority 10 sue and be
- IN its corporate name, IN any court OF
1H,.,en, Jurisdiction; 20 contract; TO make
"a 49, , common seal and alter the same
= ,,.,ure: 70 acquire property, by grant,
n purchs.e and by devise or bequest; to
-, bold and dispose Of, and 10 mortgage
hse 70 nledge The same, all subject 10 limi-
.,,;ons 4, may be provided by law; to issue
S.Ss ,,d notes; 20 borrow and lend money;
- .o,sin, such officers and agents as the
s,,iness Of the corporation may require, and
"a 61 their compensation; to name directors
"A managers, and TO make and establish
Flaws rules and regulations for the man.
sssmeni Of the business affairs Of said cor
| .o,,,ion A NAV be requisite and necessary.
/ i-,iele II-The domicile of this corpora
ton shall be in the city Of New Orleans,
Sat. Of Louisiana, where all citations and
.th,, srai process shall be served upon the
,,user olbeers thereof.
Lrticle iIl.-The objects and purposes fer
,hieh this corporation is organized, and the
n,,ure Of the business TO be carried on by
h are stated and declared to be as follows:
b purchase, hold, mortgage, reclaim, drain,
| irrsate, cultivate, lease and sell lands IN
me State Of Louisiana and elsewhere. 1t
AL have the power and authority 10 oper-
.,e own or lease and run one or more COM
usaries or stores and may do all that
pertains 10 country business. II shall have
q. power to engage in the cultivation OF all
,l,n,,tion products, including the raising
4 live stock, and TO market same; TO erect
| and operate sswnsills and other factories; 10
| mid and construct any and all kinds OF
vvperty; 10 repair and improve same; to buy
| and sell machinery of all kinds; 20 buy and
sell personal property; and generally to 90
| a6est to the objects and purposes for which
| As cooperation is formed.
Article IV.-The capital stock of this cor
| pfation is hereby declared TO be the sum
| 4 one hundred thousand dollars, divided into
one thousand shares Of one hundred dollars
Zach; the amount Of each share shall be paid
| hr in accordance with law, and this COR
/ prston shall be operative and go into bus.
incss and become going concern when all
4 q is capital stock shall have been subscribed
| md paid for. to-wit: at the execution of these
| grsens No transfer Of stock shall be
| Anding upon this corporation unless same
sppears on the books thereof.
Article V.-The corporate powers OF this
@rporaton shall be vested IN a board of
/ directors to be composed of three directors,
. ne Of whom shall constitute a quorum for
be Transaction Of business. 70 be elected by
he stockholders at a general meeting to be
held annually on the third Monday in jan
airJ Of each year.
The krs, board of directors shall be elected
general meeting of the stockholders to
held on Wednesday. July 5, 1916, and
sal hold efiee until the third Monday in
anuary 1917, or until their successors have
sen elected and qualified. And said general
ssetins Of stockholders shall be immed ately
allowed BY a meeting of the board of direc-
sn
At all meetings for elections of this cor.
f"siVh, tdCn StOCknOlOer snail DC cntltlcu
one vote for each share of stock standing
as name on the books Of the company.
he board Of directors shall have the power
make all bylaws, rules and regulations
nsSessary for the conduct of the business
mars OF this corporation; shall elect from
neh number president, vice-president and
sreiary-trcasurer.
Article Vl.-The capital stock of this cor.
e'siicn may be Increased or decreased at
ny nme IN accordance with the laws of this
vac This charter may be amended, al
nea OF modified, or the corporation dis
M5ed BY vote Of two-thirds Of the stock
.o.,s' voting by shares at a meeting con-
wned Tor that purpose, after fifteen days
Ess'ous notice OF such meeting shall have
s.n gwen as required by law.
Afneie Vino stakeholder of this cor
%snon shall ever be held liable for any
Is Indebtedness, contracts or faults there.
Mh any further sum than the unpaid bal
nc que the corporation on the shares owned
am nor shall any informality in the
1nifanon have the effect Of rendering this
1 null or of exposing a shareholder
liability whatever.
uee VILLA failure at any time to
meetings. or elect directors or officers
Rfein provided, shall not work a for
r~..,.h ms charter, or dissolve the cor
- on, out the existing board Of directors
a. omeers shall continue in Office until
A. A. successors in Office have been elected,
r<,;A, N'0n snail take place as soon as
,sfase X-At the expiration of this char.
eS sooner dissolved. its affairs shall
>, Suaated by one or more commission
-. DC appointed by the stockholders in
LAng assembled for that purpose, and
q. 90 invested with full power to sell all
4 - and property, real and personal,
erpsi... eo'porstion, TO convey a full and
$3.50 htle thereto, and 10 do and per
H.. ~ acts essential to a full and COM
,,,s. "suiaaton Of the affairs Of this corpo-
sswj,ana % divide the proceeds, if any, in
~ ~ zone and passed az my Office in the
Al Nes Orleans, louisiana, or the day
s,e, s hIst above written, in the pres
cu.,.,. EDWARD Haspel and Irene ST. James,
v-h % witnesses, whose names are here
49, aoseribed together with the said ap-
'oasn and me, notary
Wi signed: Names omitted
Cf,TTIesss, EDWARD Haspel, Irene St. James
1 a. kI 5. BALDWIN, Notary Public.
ssS tanoersisned, recorder of mortgages,
Lses,,s me parish of Orleans, State Of
al s,,s 70 hereby certify tina: the above
Al, Ssoins act of Incorporation, of the
&ly ues company, Inc, was this day
as es1'aed IN my Office, in book 1875,
Ss Orleans, July 6, 1916
nu.v IN, EMILE J. LEONARD, by. r.
!. GS;5IasiEEt S BALDWIN, N.. IS;aP PRaSlis.
2 aug 10 l. ''N'
On CHARTER
= AuIlTIN