The herald. [volume] (New Orleans, La.) 1905-1953, 1916-06-15

amount may be increased to a sum not ex.
| DSuihg one hundred thousand dollars, di.
VLided INTO one hundred and sixty-eigh;
shares, OF the par value of one hundred Dol.
| ldfs' each, which shall be paid for in cash.
| on such terms and conditions as NAV he
| decided by the Board Of Directors, or NAV
OK. issued Tor not less than par for prop
cry purchased by or services actually rem.
ueitd 70 SAID corporation. All shares Of
| STOCK shall be full paid and non-assessa-
, DIe. no transfer of stock shall be binding
DOORS and all certificates of stock shall be
signed by the President or Vice. President
"ta me secretary of said corporation
~ n''iT.e ,, iE.-lhe domlciie Of said corpora
Eon snail be IN the City Of New Orleans.
state OF Louisiana, and all citations and
22ther legal process shall he served on the
resident, and IN his absence on the Vice.
: resident Of said corporation In case Of
the absence or inability of both Of s9iS os
!iNeTs' then sand process shall be served on
} the Secretary Of said Corporation
Sdid corporation shall have the right and
power 70 establish and maintain and con-
tnIt o'ilces throughout the United States OF
america and foreign countries
Article N.-All the corporate powers OF
, rl'iS yompany shall be vested in, and the
management and control OF is business and
affairs shall be exercised hy a BOARD If
directors composed OF three stockhoIdcr,
NAich number may be increased To- ., moe
man seven at the discretion of the Road
u directors, a majority or whom shall con.
SNtute quorum Tor the transaction Of all
business. said directors shall be elected
gEeIy year on the first Monday OF October.
Each NioS kh"ldcr shall be entitled in per,yr,
"t 10y written proxy to one vote ON every
snare OF stock owned hv him and standing
IN ms name on the BOOKS of the cor1nar7y
AI elections shall be held under such rules
ana regulations may be determined bv
uc board OF Directors and after at leaS,
zen uayN notice IN writing OF such election.
>ndiI nave been given 30 each stakeholder
Al ms last known address or nv rull;-,
nP II
HNhcd IN the English Language i'm the Citv
W Ne" 'T.eauS, Tor At least ten davs pre-
STdlhH such election. The directors Tins
erected snail continue in office for one wear
or until their successors Shall bSyr r.,
duIy elected and qualified No failure =,
eject snail be regarded as a forfeiture az
n"> ShaLiGr: Any vacancy occurring on said
hoard 81 Directors shall be filled bv the re.
naming Directors for the unexp;red TO-,
me Ndid Board Of Directors shall likewise
eject ths additional members in case they
>h"uii determine to increase tho number Gf
nc h''ih' a. above provided. said Board
~ directors snail, at ITS first meeting after
Us tieClihn, elect from among their numbcr
PRESIDENT, one or more Vice President a
secretary and Treasurer. 1t may COM
'ine the two last mentioned officers into
phc' and may even elect Secretary who
need not be a StOCAhOlder Said Board of
directors shall ill all vacancies among the
'tIl'T'H ~ the corporation, and shall have
the night 20 appoint and dismiss such clerks.
managers and other employees Of the cor.
P'railon' including the Secretary, who is
not a stakeholder, as conditions may ius.I /
iy, or the business Of the cornorati2, M |
require Ihe tenure Of office Of all en-
pi"yeeN OF this corporation shall be during 4
the pleasure OF the Board Of Directors
this act Of Incorporation shall consist of
VI. /. Snyder, whose Post Office address is |
New Orleans, Ia; ;. +. Barager. whose !
f"It nilce address is New Orleans. La. |
aIi William {. de Wit, whose Post Office |
address is City OF Nilahcrmosa, State Of |
ahaseo, Republic OF Mexico.
Article NlI-No s;oCkholdcr shall ever be .
leId liable or responsible for the contracts
faults or debts OF this corporation, nor shall |
any mere Iuiormality in its organization have
the effect OF rendering this charter null or Of .
exposing stockholder to any liability be
yoniI inc unpaid balance due N the shares Of .
Article Wilkins act of Incorporation
may be changed, modified or altered. or this
corporation may be dissolved in full in ac. !,
fully set forth in Act No. 267 Of the General
year 1914
Article IN-UntiI the election. to he held
n 1910, the following named stockholders
,hall constitute the first Board OF Directors.
~: VI. I. Snyder, President: William G. 4
lie Wit, NIce-Presidcnt; s. T. Baragcr, Sec l
-etary.
Thus done and passed at my office in the
ity Of New Orleans. on the day. month /
md year. herein first above written. in the II
presence OF Robert W. Riordan, and Theo- 4
lore \. Beck, both Of this city, competent
who have hereunto signed their Il
lanes with the said appearers and me, No
airy, after due reading of the whole
Original Signed: Il. W. Riordan, T. A. Il
Beck. VI. T. Snyder. 81 shares: VIM. C. de i
Nit, y shares; :. T. Barager. 10 shares
WALTER /. GLEASON, Not Pub.
l. the undersigned Recorder of Mortgages
n and for the Parish OF Orleans, State of
.ouisland, do hereby certify that the above
nd foregoing act Of Incorporation of the
lcxican Planting and Trading Company was
his day duly recorded in my office in book
l95. folio So, New Orleans, La, May 18th,
9l6
(Signedl EMILE J. LEONARD, Opt.
A true copy from the original act
WALTER L. GLEASON, Not Pub
ray IS p june l S Is p