The herald., 1916-02-24
ACT OF INCORPORATION

VIZ q. tABlkD, INCORPORATED
| United States o.; America State Of Inui.izr4
f"r',h OF Orleans, Cits OF New Orleans
he il known. tina, on this. the 18Th dav OF
me month Of january. in the wear of orr
Lord one Thousand nine hundred and sixteen
| 'I'ih', and Of the independence oi the United
! states ~ America. the one hundred and for.
| ttih before me, I0scTh Sinai. a notary prb.
1 nc daily commissioned and sworn. i'm and
Tor the parish uI Orleans. State Of I1.1iSf777
and therein residing. personally came and
appeared the persons whose names are here
unto subscribed. who declared that. awaiting
themselves Il the provisions Of the laws of
TINS state relative % organization of cor
p"r1tl'uS, and more particularly 10 Act I'll
OF the General Assembly Of this state an
proved July o. 1914, they have Covcrantcd and
agreed, and do. by these presents. covenant
ana agree, bind, form and constitute them
selves, as well as such persons who may here
after JON, or become associated with them.
INTO corporation and body polite in law
Tor the objects and purposes and under The
agreements and Stpulations following to-wit:
Article The name and style Of this cor.
poratiou shall he 81 Cabi-o. T,rorno-7tsJ .,
anu under that name, II shall have and en-
JOY an the rights, advantages and privileges
granted ny law 10 corporations; II shall
exist Tor the period OF uinety-uiuc (9q) wears
from tins date: it shall have the power to
contract, sue and he sued in its corporate
name; 10 make and use a corporate seal and
the same 10 break or alter. AZ pleasure; to
ho!d, receive, purchase, convey, mortgage
apothcCate, or pledge property both real and
personal; to issue bonds notes and other obi
cations or negotiable instruments: 70 have
and employ such managers directors. Off
GERS. agents and other employees, as the iutr-.
est and convenience Of said corporation NAV
require, or demand; 10 make and establish
such bylaws, rules and regulations for the
corporate management and control Of the al
lars OF the corporation as may be deemed
necessary or cNpcdient
Article 1.-The domicilc Of this corpora.
non snail be IN the city OF New Orleans
STATE OF Louisiana, and all citations and
other legal processes shall be served on the
president, or, III his absence on the vice
president, and IN the absence Of both, on
the Secrotary-trcasurcr.
Article lIl.-lhc objects and purposes for
which this corporation is established, and
the nature OF the business To he carried on
by II. are declared TO be as follows:
10 buy, sell, trade, or deal. in sugars and
hoIdsscs, and all kinds of commodities dealt
II upon the Sugar Exchange Of New Orleans. |
md TO do a general brokerage, commission. !
orwarding and export business, and Cencr-
lily, to do any and all things which may be !
or connected with the objects and |
purposes above set forth.
Article IN.-The capital stock of this cor |
ordton IS hXcd at the sum Of twenty-five /
thousand dollars G25,OOO, divided into two |
undred and fifty shares (25O Of the par |
'alue of one hundred dollars (SlOO each All |
ssessabe. No transfer of stock shall be
indlng upon the corporation unless made
pom its books.
Article N.-All the corporate powers of the
ompany shall be vested in and exercised bv
board OF directors composed of three 81 |
toCkho!ders. and a majority of the directors
hall constitute a quorum for the transaction !
I all business. The directors shall be elect.
! annually, by ballot, by the stockholders,
n the second Tuesday OF January, in each
ear. Each Stockholder shall be entitled, in
eTson or by proxy, to one vote for every
lare owned by him, and all elections shall
e held under such rules and regulations as
ay be specified by the board OF directors,
ter hitocn u6 days notice Of such election
ii'i nave been sent TO each stakeholder at
> last known address
No failure 10 elect directors shall be re.
aided as forfeiture OF this charter
Any vacancy occurring on such board shall
HI.ed by the remaining directors Tor the
lcNplrcd time.
SAID board Of directors shall. at its frs,
eeuns after its election, nominate. out Of J
5 members. president vice president and
Crctary-tr,dSurcr.
Said board shall have the right 10 arp5in,