The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-09
January -, 1916.
CHApTEp


'ni,,d states OF America. State of Louisiar,
iariNh OF Orleans, City Of New Orleans
BE 1t known. that on this nineteenth s,v
~ me month OF January, in the wear NJ o,,,
i.''' one thousand nine hundred and siy
cen ana OF the independence OF the United
states OF America, the one hundred and To-
Heth' before me. GuStave A. Llambias = no.
ifiE public, duly commissioned su.,-r 81
ln1hled IN and for the parish of Orleans
ana M u" me presence Of the witnesses herein.
"iicr named and undersigned, personally
came and appeared: Mr.. Frank I Rail-
u Kaceiand Louisiana; M Richard Rail-
OF Raceland Louisiana; Mr.. SIDNEY a
N,ru'T' OF L"CkPort, louisiana and NJ Val
NJ IourN, Of Raccland. Louisiana: all oi
said parties being Of full age
Nnd me SaId apPcarcti declared that
awaiting themselves Of the laws of Tins s,1ta
E1.'', ,,. Act ". 2o7 Of 1914 relative to
ih'Ne presents, agree and bind themselves
as well as such other persons aS may here.
aitGr become associated with them - form
ana constitute a corporation for the object,
anu purposes and under the article, and sin.
ulitiouN following. to-wif.
N''igIc The name and title Of this c,-r,-
ration shall be Wal NJ Tpup,, Incorro-a-eI
IN Us sand name and corporate capacity, il
Term oil nlnriy-ninc years from the date
hereof and shall posses, each and eyr-,
r""c', capacity, privilege or immunity nov,
'T hereafter granted by law 70 trading and
Article The corporation shall be d,mi.
Gle m the city Of New Orleans louisiana.
and the president, and. I'm hl, absence. the
v'cr-r-",ldrut, are designated a, the officer,
can nr ~e-vra
Article 3.-rhc objects ard purposes of thi,
corporation and the nature Of the cuisines, 20
Dee carried 90 by il are hereby declared e. be.
l- 10 carry on q general merchandise bus
ness 'E dealing IN plantation supplies. ma
gH'n"ry, hardware. groceries. and IN general
l'i kinds Of household good, and MERIDIAN
disc. receiving same on consignment. and
commission.
, To operate and maintain plantations or
farms and t. buy and sell on commission or
otfcrw1Nc, AZ Wholesale or retail. rice. Srga-
came ~ any other plantation products. but
ter, milk, cheese and all other dairy pro-
ducts. eggs, poultry, fruit vegetables and all
kinds of farm products, and TO transact all
business incidental or appu-teuant thereto.
:. To buy. own. and sell and use for
breeding and other purposes. horses, cattle.
sheep, hogs cows and other stock
I. To grow buy and sell, both AZ whole.
sale and retail, garden, farm and flower seed.
hleS and Horticultural growths Including hay
and alfalfa, and all other farm and agricu,-
tural products and implements.
). To deal in. purchase. hold. sell improve
and lease real estate. improved or unin'-
proved and TO mortgage and cucumber the
same, and TO erect manage. care for and
maintain, extend and alter buildings OF ali
kinds thereon
8. And, generally for the purpose Of at
tanning any Of the objects and purposes
above enumerated and all other objects and
purposes Herewith connected or incidental
thereto, to do any and all other acts and
things which a c9partnership or, natural per
son could do and exercise and which now
or hereafter may be authorized by law.
Article 4-lhe capital stock Of this corpora
ton is now fixed at fifteen thousand dollars
CSl5,OCO0O, divided into one hundred and
fifty shares Of common stock. of the par val
ne Of one hundred dollars $4,000 each. The
capital stock, in shares Of the same value.
may be increased according TO law, up to the
sum Of fifty thousand dollars CS50,0O0OO.
Subscriptions to stock shall be paid for in
cash, at such times and in such amounts and
with such notes Of the subscribers as may be
fixed by the board Of directors, subject to
the limitations in this regard now imposed
by law. No stock certificate shall issue 10
any person until the payment in full OF the
shares subscribed for by him.
Before any stakeholder shall make a sale
OF his stock, he shall offer the same TO the
board Of directors, which shall act agent
for the sale of the stock TO another stock
holder: provided that if the board of direc-
tors is unable to sell said stock, within
thirty days thereafter, at the price fixed by
its owner the stockholders right TO dispose
of his stock shall become unrestricted
Article 5.-The appearerS mere declared that
they have subscribed respectively to the
following number OF shares of the capital
stock of this corporation, tO-wit: Mr.. Frank
L. Barker. Raceland. La. 100 shares; Mr..
Richard Barker, Raceland, La. 20 shares;
Mr.. Sidney A. Bourg, Lockport, La, 10
shares; Mr.. Val NJ Toups, Raceland, La.
% shares
The said subscription of Frank L. Barker
shall be fully paid for and settled by him
by the transfer by him to this corporation
of all the assets property, business and good
will of the general store and of the real
,be- nv
Frank l.. Barker from Val NJ. Toups, as per
act under private signature, duly acknowl-
edged before Joseph II. Price, notary for
the parish of Lafourche, on December 9. 1913.
and registered by the clerk of court for said
parish in book of conveyances IS, folio Az;
and by the transfer by said Frank /. Barker
10 the said corporation of all the assets and
personal property by him since purchased
and added to said store and appurtenant
thereto: a detailed and itemized statement
and description of such property being here
to annexed, and the said property and good
will having been appraised by the directors
of the present corporation at the values set
forth in the memorandum hereto annexed.
Article all the powers of this cOrpor-
alton shall be vested in, and be exercised
by, board of directors, TO be composed OF
four stockholders; who shall be elected at
a stockholders meeting TO be held for that
purpose, annually, on the third Monday Of
January, at the domicile Of the corporation.
At its first meeting following election, the
for the term Of one year, a president, vice
president and secretary-treasurer, who shall
remain in Office until their successors have
been duly elected and qualified, and who
shall perform such other duties as are as
signed to them, respectively, by the direc-
tors and as are provided by the bylaws.
rules and regulations to be adopted fer the
operation of this corporation.
Article THE first board of directors of
this corporation shall be composed of Messrs.
Frank L. Barker, Raceland, Louisiana; Rich
ard Barker, Raceland, louisiana, Sidney a.
Bourg, Lockport, louisiana and Val M.
Toups, Raceland, Louisiana, with Mr.. Frank
L. Barker as president, Mr.; Val N. TouPs,
as vice-p president, and Mr.. Sidney A.
Bourg as secretary treasurer. And these di-
rectors and officers shall serve until the
third Monday of January, 1917, (when the
first election of directors under this charter
shall be held or until their successors have
been duly elected and have qualified.
Done and passed in my office, at New Or
leans, the day, month and year first above
written, in presence of Messrs. Delvaille II.
Theard and Frederick Leland. competent wit
nesses, who have signed with the apPeaTers
and me, notary, after due reading.