The herald., 1917-04-19

thousand, nine hundred and hve, before me,
Alexis Brian, a notary public, duly com
-t>,lyuei and qu4lIncd within ana ioT tAe
aforesaid parish and state, and IN presence
uuders gucd,
PERSONALLY came and appeared the seye1a.
PARTIES wnosc names are ArTvau;J suJ-
,.-tHel who declared that, awaiting them
selves If the laws 81 the State 81 louisiana
relative - the organization O: cp-pordilons,
they have formed and organized and do by
these presents form and Organize themselves
a. well As su>a other persons a may mere
after i5iu with them, or their successors,
into i corporation limited, Tor the oolects
and purposes and under the Stqu.a;Jus and
agreements following, to-w!t:
Article The name and ME OF ms cor
pora:lou shall be The MOn;esu, Planting
Company, Limited under which name y
shall enjoy corporate existence Tor period
d5mlcl.e shall be AZ Llplace Post Once
in the Parish Of =. John the Baptist, STATE
Il Louisiana. Il may have, hold, purchase
sell, convey. lease, pledge, bond or mortgage
" .n,Hoya5le, sue and be sued, and may
have and use a corporate seal.
Article 1.-The objects and purposes for
which this corporation Is organized, ana the
nature %: the business 10 be carried on OS
Il are declared 10 be: To do genera! meT,
camille business and 10 operate stores, and
ior that purpose 10 acquire by purchase
lease Or otherwise property OF any nature
whatsoever; 10 acquire by purchase lease
OF otherwise, property o. any nature "Hdt
,0eyer. either for sale, investment, or tor the
cultivation OF sugar cane, or tor the maniac
ture OF same into sugar, syrup, mOlasses OF
other products, either or all OF them or
Tor the cultivation Of other agricultural pro-
ducts or for their manufacture, or both; 10
acquire by purchase, lease OF otherwise, and
! 10 construct and operate sugar factories or
any other mandatory; 10 make advances Tor
| the cultivation OF crops and Tor their man
! uiaCture; 10 acquire, own and operate tram
| ways and private railroads, together with
all such rights, franchises and appurtendnces
! a. are necessary for OF incidental 10 the
operation OF same, and generally 10 engage
| N such other business as may be necessary
! for OF incidental to the purposes herein
above set forth, and to have sucA other TlgAts
| and powers as are or may be conferred by
| the laws OF this State upon corporations IN
! general, and especially upon corporations OF
! the character above set forth. Said corpora
| ton may begin business al once.
Article III.-The capital stock Of this cor
| poration IS hereby declared to be the sum
| II one hundred thousand dollars (SlOO,UrU),
| divided into one thousand U,UJ) shares of
| one hundred dollars (SlO0UD each, which
shall be paid for in cash, or Tor services zen
| iered the corporation or IN property made
| over to and acquired by the corporation.
| Ninety thousand dollars OF SAID capital stock
| has been subscribed for, as evidenced by the
| list Of original subscribers herewith filed
| n the recorders office, which amount has
| been paid into the treasury OF the corpora,
! ,Ion in payment for said stock. The capita!
! stock OF this corporation may be increased
| al any time in the manner now, or hereafter
| 10 be provided by law; in which event the
| persons holding stock at the time, shall have
| the right, for a period OF thirty days 10 take
| shares nj the additional increased stock,
| prOpOrtfonate 10 the number OF shares then
| owned by them respectively; and any shares
| not taken at the expiration OF SAID thirty
| DAYS by the then stockholders, shall be dis
posed OF by the board OF directors for the
| benefit Of the corporation, at not less than
| their par value All shares OF stock shall
| be full paid and worcestershire, and trans,
| fers of stock shall not be binding upon said
| company, unless recorded upon its books.
Article IV.-The business and affairs of
| this corporation shall be managed and con-
Quoted by a board OF three directors, each
Of whom shall be stockholder IN the COM
pany. Lucen Montegut, Jr., Fe!nand Mon
| tegut, and Sidney Montegut shall constl-
| :ute the first board of directors, who shall
| hold office until the first Tuesday in April,
| 1900 or until their successors shall have
| been elected and qualified. The board OF
! directors at their first annual meeting, shall
| elect 4 president, vIce-presIdent and
secretary, the first two of which officers must
| be chosen from their own number. On the
| first Tuesday Of April, 1890, and annually
| thereafter. an election for directors shall be
| held at the domiCile of the company, after
ten QO) days notice in writing shall have
| been given 10 each stakeholder of the time
| and place of holding said annual meeting,
| which may be served by transmitting same
| TO him by mail, addressed to his last known
| place of residence. The voting for directors
| Shall be by ballot. and each stakeholder shall
| be entitled to cast vote for each share
| owned by him, which shall have been stand
| ing IN his name at least ten days prior 10
| the day OF election. In case any director OF
officer should die resign before the end
| OF his term OF office, the vacancy may be
filled by the remaining directors by the
| election Of stakeholder in his place, who
| shall act until his successor shall have been
| elected at the next ensuing annual election
| Article N.-The officers OF the corporation
| shall consist Of a president, vice-presiden'
and, secretary; to be chosen as above SET
1900, Fernand Mon;egut shall be president
| Lucien Montegut, Jr., shall be vice -presI'
| dent, and Sidney Montegut shall be secre'
| tary. Said board Of directors may appoint
| general manager, who shall have power
| under the supervision Of said board, to ad
| minister the ordinary affairs and business
| Of the corporation. Two members of the
| board Of directors shall constitute quorum
| for the transaction OF all business OF the
| company. They shall have power TO appoint
| all agents, clerks, and employees and TX
| their salaries and compensation; TO make,
| change, alter and modify all proper bylaws,
| rules and regulations for carrying this
| charter into effect. and for the management
| Of the business OF the corporation, and any
| Of the said directors shall have the right
| 10 delegate 10 any other director in writing
| any of the rights and powers enjoyed by
| him as such director.
| Article Nl.-This act OF Incorporation may
| be changed. modified or altered or the said
| corporation may be dissolved, at a meeting
OF the stockholders called specially for thar
| purpose, upon giving ten Q0) days notice
| thereof, in the manner prescribed by Article
| Fourth, OF this charter; such meeting TO be
| called by the president, upon the written
| request OF any shareholder; provided that 10
| increase the capital stock, the requisites of
| the law must be complied with
| Article NlI.-At the termination of this
/ CHI ~ nj
as herein provided for the business and
| affairs Of tfhe company shall be liquidated
under the supervision OF three commissioners
| selected from among the stockholders at a
| general meeting called for that purpose,
| upon giving ten Cl0) days notice as spe-
| cited by Article Fourth OF this charter. In
| case of the death Of any commissioner, the
| remaining commissioners shall elect sue
| cessor from among the stockholders.
| Article NIII.-No action of stockholders at
any meeting shall be valid or binding, IN
less stockholders representing majority OF
all the capital stock outstanding shall be
| present or represented by proxy, and IL shall