The herald., 1917-08-16
July 9, 1917.
CHAR TER
OF THE BRUCE SEED & POULTRY COM
PANY, INC.

|
United States of America. State of Louisiana,
Parish of Orleans, City OF New Orleans.
| Be it known, That on this 9th day of the
month of July, in the year of our Lord one
thousand nine hundred and seventeen, and
OF the Independence of the United States of
America, the one hundred and forty-frst.
| Before me, Arthur A. Moreno, a notary
public, in and for the Parish of Orleans,
State of Louisiana, duly commissioned and
qualified, and in the presence of the wit
| nesses hereinafter named and undersigned,
| personally came and appeared the following
| persons whose names hereunto subscribed,
| together with the amounts of their respect
| corporation TO be formed. who severally de-
| clare that, availng themselves of the provi-
sions of the general laws OF the State Of
| Louisiana, relative to the organization of
| corporations, they have covenanted and
agreed, and do by these presents covenant
| and agree, and bind and obligate themselves,
| as well such other persons may be
| hereafter become associated with them or
| their successors, 10 form and constitute them
| selves into corporation and body polite in
| law, and for the objects and purposes and
under agreements and stipulatons following
| to-wit:
Article 1.-The name and title of this cor
poration shall be Bruce Seed and Poultry
Company, incorporated, and by that name
said corporation shall have power and au-'
thOrity to have and enjoy succession for the
| tull term OF ninety-nlne years from the date
hereof; to contract, sue and be sued; 10 make
and use a corporate seal; TO purchase and re-
ccive, lease, hold, sell and convey, as we'll
as mortgage and hypothecate, property, real,
personal or mixed; to name and appoint such
officers and agents as the interest of said
corporation may require; and to make and
establish such bylaws and regulations for
the proper management and regulation of its
affairs as may be deemed necessary, and the
same TO change and alter at pleasure.
A.. Il r
ton shall be in the city of New Orleans,
State OF Louisiana, and all citations and
other legal process shall be served upon the
president of said corporation, and, in case
Of his absence, upon the vice-presdent, and,
in case of the absence of both of these off,
GERS, upon the secretary thereof.
Article III.-The objects and purposes for
which this corporation is established and
the nature of the business to be carried on
by it are declared TO be the operation of A
general feed and poultry business, TO buy
and sell chickens, seeds and poultry and to
do and perform any and all acts usually done
and performed in connection with the con-
duct OF general seed and poultry business
Article 1V.-The capital stock of this cor.
poration shall be ten thousand dollars ($lO,-
OOOcOl divided into one hundred shares of
the par value of $1,000 per share; PAYABLE
when issued in cash, or other property, and
thousand dollars (S2O,OOOOO) divided into two
hundred shares of the par value of $1,000
per share, and this corporation is to be
going concern when one-half of the capital
stock has been subscribed and paid for
Zach share OF stock shan be entitled to one
vote at all general elections.
Article V.-No stakeholder shall ever be
liable or responsible for the Indebtedness
faults or defaults of this corporation, nor
shall any mere informality in the organi-
zatlon of the corporation have any effect of
rendering the charter null or of exposing the
stockholders TO any liability beyond the I'm
paid balance, if any, his stock subscrip-
ton.
Should any stakeholder desire 70 sell hi,
stock he shall first offer the same 10 the
stockholders Of the company through its
board OF directors, at book value, and the
stockholders who desire to purchase shall
have the right to purchase the same, in pro-
portion TO their holdings in the company,
and in case there is only one share of stock
to be SO disposed Of, lots shall be drawn for
same. Should said stockholders in seventy
two hours after notice having been given,
taIl or refuse to purchase the stock offered
tor sale, such stock may be sold TO any one
No transfer of stock shall be made or held
to be valid and binding unless made on the
books of the Company and unless made in
the pursuance of the provisions of this char
ter.
Article VL-This corporation shall have all
power granted to such corporations by law,
and shall have the power to contract, sue
and be sued in its corporate name, and TO
own, hold, receive, loan, lease, purchase, sell |