The herald., 1916-06-08

gu're and convey as well as mortgage ,nJ
r2ty 81, under ITS corporate name, prop
name aud appoint such managers and dire.
k'2rS' ofhcefs and agents, and establish branch
2nSes al ''S donlclle, elsewhere. as the
| nttTrS; and convenience Of said c,rrov,.
ton may require, and to make and establi>,
a. vel a TO alter and amend at pleasure
aI'I bylaws, rules and regulations for the
P'o ~ ihan1Sement and regulation Of the al
80 'l nald ,1fpyTdtipu NAV be necessary
ana proper
HIuCIe IL ne domIclle Of the said cor.
IPn,dN'h snail DC al New Orleans Parish Of
o'.t'hH' State Of Louisiana, and all clta.
- ~ .'h't legal process shall be served
| upon me president OF SAID corporation. ~ IN
S'>e 81 ms absence, upon one Of the vice
presidents, ~ IN the absence OF all Of these
! "i'''' ~ upon the secretary Of the corpora
| non.
Ni''t lII.-Ihc objects and purpose, for
when 'Ai' corporation - organized and the
| nature ~ me business 90 be carried Du hy
| H. are HcTtNy declared - Pc: To acquire hy
PAi''"-e' Lease, donation, exchange o.. other
We, "ni To hold, operate, sell ALLEVIATE or
| 'lN"m'rT zeal, personal and mixed property
e',LE description and kind and par,icu-
,"ly F'e ,aI'l>' paper nails, iced mills, cold
>.yiaHI plants, irrigation plants, canals,
PMMr.nE stations lands, warehouses, and ,h,
| 'lT"fl'HahttN thereof, or such other plant,
ana machinery As may be npe-atcd i5r the
manufacture and preparation for the market
~ Ti'e 'f nee products oT hy-produc'S Il any
| N'hH "T articles made or developed from the
H'r plant or any part thereof or any other
i"'d, pT.LJ','' 10 buy. sell. store. ship, tpg-
"hid' pledge, receive on consignment, make
ana by-prgduc,s Of an kind, and articles
| made 'r developed from the rice plant or
any part thereof. and any other food pro-
HHs'>; 20 obtain certificates as public ware.
| A'H1eMcn ana carry on business such.
! 10 my or 9tHcT"i~c acquire and to sell or
! 't'A'te Nt1hC' i"'"c Or other merchandise
! connected WIN or used IN the handling Of
",,e'4, 10 acquire the property
,rm, " corporation, engaged in any Of the
| ''r'"''-'' enumerated above: to own such
| may De necessary OF convenient II carry
1"' ,'"' purposes hcrcin declared; u issue
! ''na-, mortgages and hyPo'hecationS 10 the
| ven necessary 81 proper N rs business;
pos, col SOCKS and bond, - other oompan!cs
:. '' ,N''". t'I'''u'I ny !a"' 10 exchange
=, '-'"S ''fita' STOCK "f any part thereof |
''t property winch u l. authorized hereby 10 |
business or any part thereof Tor money, |
properly stocks. bonds or other obligations |
u 3tRTT companies; and generally 70 do any |
an" an '',A "N', ana Things as may or shall |
| ne necessary CONVENIENT or proper - carry |
'", ,",h I,l''tS and purposes
.'Nii"' lN.-Sccu'n !. The capital stock |
y the ,,nd corporation : hereby. fixed a;
.u' M,!ion ilrcr hundred thiTiy.t9ur thou
SAND i've hundred dollars tA55+,SnoO, dI- |
died INTO ,orty-ihree thousand three hundred |
'1'1S,,ntt, +5''+', snare. 81 the par value OF |
Yen thousand l",p'l sharcs shall be PIE.
ittFyl STOCK class A. three thousand three
nuLi.,i io''y'"Ic $50! shares shall be
pi''S'-C >t'NN, Class Il, ana thirty thou
sara '''"tl shares snail be common stock,
HcSNbh - me holders OF the preferred
H,''A cas- y snail De entitled TO receive,
net rfohi' OF the corporation, dividends At
me ia'e oi seven per Cer;um NrC) per an
mum, and no more payable semi annually.
o" me AT'' days OF January and July IN
biFidtHI, on the >aId class y preferred
r'oyH rA3i' be cumulative from June !, 1910
anu NAHH nave preference and priority over
the preferred stock class b and the COM
mon siIcE' - that at no time shall any
dividend be declared, set apart Tor or paid
on the preferred STOCK class IL or on the
common stock unless a such time all div,
IehdN on the class y preferred stock at :
the rate 81 seven per ccniurn NtC) per an :
mum MhlSh Shdli nave maiurcd' Sha!I nave
been declared ana paid IN iIlI and the cur, !
thereon hall also have been declared: Should :
elias, - preferred stock not be paid in 5
whole or IN part, the dehciency shall be | :
pad before any dividend snail De declared !
upon the class Is preferred stock or upon q
me common st2ck'
Section j., The corporation shall have the ;
-lglt 10 cdA IN ana redeem the Outstanding %
preferred stock class "A on any dividend c
late at one hundred and ten per eSntum d
.liv,Ep OF par ana al cumulative dividends u
y ''4Nl w u ''' pau
however, shall he made only a
after the Affirmative vote or consent IN WUi- q
ng OF thTcc-i9uGins OF the common Stock II
ana only AFTER all the class Is a
preferred STOCK mas 'beeh TetlTtd or me
money Tor the retirement thereof set aside. o
N'uSe "l suth redemption snail De gwen 4
y naming same 20 an preferred CLASS \
'gchhoiderS OF record al ieast tnlrty Gays a
'rioT % such redemption ddte. SuCn CtII
iaElhS 1cvh MADE ana me money hetqeu l2r
uCh redemption having Deeh SCI ASIDE aI'
ightS Of the preferred class a Shares 50
aiIed Tor redemption 70 DIVIDENDS or 70 a I
marc IN the net pToh'' shail cease ai'er salu
tIcmPtioh da'e. >, r
Inc Nnares 50 Calied ana redeemed Shal4 Oe a
an'eIteh ana nyt again ne lS'ueu. u
STS'oh =. Inc LH'ueIs .! tHS PieIeL.tu :"
took class IL shall oe entitled 10 pTstefc Of
nee ana priority over ne common SloSH OF q
net corporations ana ShaA De ,enIueH 10
ecTiVe' when ana as declared dl'iuenus III Pl
aeh ana every year Al the rae OIL seven oI
CT Sehtuh N'Cl per dihuIl' anu no nTIe' ?.
ayaDe @ut OF inc net PtplIs, semi dIi.udily a.
n me hFst Gays OF January ana Jul! III ~
tCn year; am, x
DIVIDENDS on me Said class Pe'edtSu "a
ocE shall ne Cumu'a,NT rom yuIy !, 10 ~
, that Al no tne shai any uN!Ic"u ne ~
ec!dred' SET apart LOT OF pdiu on IC con- :.
on SOCK un'SNs a sICl Si'e ~ d. - -
ule tSSH ~ anu tIAoS 80 "a | -
o'k al inc T4ly ot sT'Tm per N.tItu' " e, ~
r anhuh "ISh s"di' nay H IN Gu, 20 ~ "a
ave peeh ueCidfeu anu pau II. 4u.'' i emu wy
hfehl stI ii II vi 500 Il
eTtOn sndlI nave nttn uSSidIeu' oHou!G VI