The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-02
January 10, 1916.
CHARTER
OF THE VAL NJ. TOUPS M


hited states Of America, State of Louisian;
fafish OF Orleans, City of New Orlean,
1 ne It known, that on this nineteenth da
= OF the month Of January, in the wear NJ o+,
. Lord one thousand nine hunJTaJ - - %
= Iten' and OF the independence of the Init
o'aies OF America the one hundred and for
.leuh' before me. Gustave A. Llambias A mo
a. cpIoIic' duly commissioned, sworn an,
qudlhed IN and for the parish of Orleans
ana IN the presence of the witnesses herein
HIteI named and undersigned persoDsll,
zane and appeared: Mr. Frank l. BarkaT
81 NP5eeL1 i Louisiana; Mr.. Richard Barker
0i NaceIand, Louisiana; Mr. Sidney A
bourg' OF Lockport, Louisiana: and Mr. Va
VI: loups, Of Raoeland. Louisiana: all a
said parties being Of full age
ma me SAID appearetf declared that.
d"aliing themselves Of the laws of th,s st,ta
particularly Act No. 267 Of 1914. relative .
| me organization OF corporations they do by
! Iu'se presents, agree and bind themselves
| a. wei as SUCH other persons as may here.
"'ITr become associated with them n fo-r-
ana constitute a corporation for the Officers
| ana purposes and under the articles and $50.
| ulatons following, to-wit.
! ArilcIc The name and title Of this cl-po.
| ration shall be Wal VI. Toups, Iuco-po-atei -
In its said name and corp1-5te c7n,rit, :,
! siihIl nave and enjoy succession for the
! Term OF nnety-nIne years from .hc date
| hereof and shall possess each and every
power, capacity, privilege or irlr,r,nitv ,7o,,,
or hereafter granted by Law to trading and
commercial corporations
Article The corporation shall be d5m;.
'IS m the city Of New Orleans. Louisiana:
and the president and in his ,b.,,,r -
yice-prcsident, are designated As the nff7cers
can be served e'' p'o''SS
Article 3-lhe objects and purposes of This
corporation and The nature OF the business >,
ne carried ON by 1t are hereby declared to be:
]. 10 carry on general merchandise husi.
ness by dealing in plantation supplies. ma
SniherE' hardware. groceries, and in general
an KINDS Of household goods and merchan.
disc, receiving same on consignment and
purchasing and selling same directly or on
commission. " '''
, To operate and maintain plantations o-
farms, and TO buy and sell on commission or
oUeT"ISe, at who!eSale retail, rice sugar
cane or any other plantation products Int
ter, milk, cheese and all other dairy pro.
ducts, eggs. poultry, fruit vegetables and all
kinds OF farm products, and TO transact all
, :. 10 buy, own, and sell and use for
breeding and other purposes, horses, cattle.
sheep. hogs cows and other stock
T. 10 grow buy and SELL both at whole |
SAFE and retail, garden, farm and flower seed, |
grams bulbs trees, plants and other vegeta- |
bIes and Horticultural growths including hav |
and alfalfa, and all other farm and agricul- |
tural products and implements
, 10 deal IN. purchase, hold, sell, improve
and lease real estate, improved or unim- |
proved and to mortgage and cucumber the
same, and to erect manage, care for and
maintain, extend and alter buildings of all |
kinds thereon
6. And, generally. for the purpose of at.
aiming any of the objects and purposes
above enumerated and all other objects and
purposes Herewith connected or incidental
hereto, TO do any and all other acts and
Kings which a copartnership or natural Der- |
on could do and exercise, and which now
II hereafter may be authorized by law.
Article 4.-lhe capital stock OF this corpora
ron IS now fixed at fifteen thousand dollars
Sl50OOO0, divided into one hundred and
fifty shares of common stock, of the par val.
e OF one hundred dollars (SlO0OO) each The
apital stock, in shares of the same value
lay be increased according TO law, up TO the
um of fifty thousand dollars Es50OOOOO).
TO stock shall be paid for in |
ash, at such times and in such amounts and !
nth such notes OF the subscribers as may be
xed by the board of directors. subject to !
ne limitations in this regard now imposed |
y law. No stock certificate shall issue TO t
ny person until the payment in full of the t
lares subscribed for by him c
Before any stakeholder shall make a sale 5
his stock he shall offer the same to the +
oard OF directors, which shall act as agent
II the sale of the stock to another stock {
older; provided that if the board of direc- {
RS is unable to sell said stock within I
lirty days thereafter, at the price fixed by L
S owner, the stockholders right to dispose d
his stock shall become unrestricted d
Article 5.-The appearers mere declared that Il
icy have subscribed respectively to the
flowing number of shares of the capital v
Barker, Raceland. La, 100 shares; Ny Il
ichard Barker, Raceland. La. 20 shares; d
r. Sidney A. Bourg, Lockport, La, 10 u
ares; Mr.. Val NJ. Toups, Raceland La, fc
shares. In,
The said subscription of Frank L. Barker al
all be fully paid for and settled by him ri
the transfer by him to this corporation nj
all the assets property, business and good
II of the general store and of the real es- h,
te purchased on December 7, 1913, by said ia
ank L. Barker from Val NJ. Toups, as per al
under private signature, duly acknowl- h
ged before Joseph II. Price, notary for n,
: parish of Lafourche, on December 9, 1918, Ii;
d registered by the clerk of court for said III
rish in book of conveyances IS, folio AZ;
d by the transfer by said Frank L. Barker ad
the said corporation of all the assets and of
-sonal property by him since purchased of
added to said store and appurtenant fo'
reto; detailed and itemized statement n,
description of such property being here En-
annexed, and the said property and good St
! having been appraised by the directors M
the present corporation at the values set Or
tn in the memorandum hereto annexed.
.rticle 6.-All the powers of this corpor- / ste
on shall be vested in, and be exercised ito
a board of directors, TO be composed of Nj
stockholders; who shall be elected at me
stockholders meeting TO be held for that jar
pose, annually, the third Monday of an
uary, at the domicile of the corporation cor
its first meeting following election, the ha'
ectors shall elect from their own number, 4
the term of one year, a president, vice the
sident and secretary-treasurer, who shall fit
lain in Office until their successors have sto
n duly elected and qualified, and who ma
II perform such other duties as are as dir
led to them, respectively, by the direc- the
and as provided by the bylaws, sto
S and regulations to be adopted for the me
ration of this corporation. scr
rticle THE first board Of directors of ele
corporation shall be composed of Messrs. wa
nix L. Barker, Raceland, Louisiana; Rich A
Barker, Raceland, louisiana; Sidney A. alt
rg, Lockport Louisiana and Val NJ. be
ps, Raceland, Louisiana, with Mr.. Frank vot
Barker as president, Mr.. Val NJ. Toups, sto
vice-president, and Mr.. Sidney A. pur
re as secretary-treaSurer. And these d. pro
ors and officers shall serve until the L
d Monday of January, 1917, (when the to
election of directors under this charter of
Il be held or until their successors have the
\ duly elected and have qualified.
one and passed in my Office, at New Or in