The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-31
April p, 1917.
CHARTER
OF TIE LAFAYETTE STOCK FARM,
CORPC RATED.

OORPCRAI Ed.
United States Of America, State OF Lousi.
ana, Parish Of Orleans, tity OF Ne"
Orleans
BE it known, tina. on this twenty ghth
day OF the month OF April, IN the year Of
our Lord, one thousand nine hundred and
seventeen, and OF the Independence 81 the
| United States OF America, the one hundred
and iOy'y-hrst, tciocc me, William !. For
mentO, notary public, duly commissioned
and qualified. Ia and Tor the city OF Ne"
Orleans, PARISH a. Orleans, therein re- d ny,
and IN the presence u the Witnesses here
matter named and uriers Igned personally
came and appeared the several parties whose
names are hereun,o subscribed, all OF the
null age OF majority and residents OF this
Cliy, Who Seyerdly declared that avai.lng
themselves OF tAc laws OF the State OF Lou
Islaua, and especially o. Act lo1 OF 1914, IN
such case made and provided, they have
formed and organized, and by these presents
DO form and organize themselves into cor
pOgatIon 70 be known as the Lafayette Stock
Farm, Incorporated, with rs domIcIle a.
New Orleans, Louisiana, sud shall enjoy
years from the date hereof, unless sooner
dissolved, and all citation or other legal
process shall be served upon The president,
Or case OF his absence or inability 20 act,
upon The v.cc-p pres. dent secretary treas
urrr.
The objects and purposes OF thi, corpora
ton are hereby declared 10 be to ra.se hsgs
and other livestock and do 4 general farming
business. 10 purchase or otherwise acquire
zeal! personal or mixed property, and 10 sell,
mortgage OF dispose o. same, and generally
do and perform all and whatever things nee
cSSaTy IN the premises.
The capital stock OF this corporation IS
hereby nNed a. the sum OF hye thousand
dollars $4,000, divided into and repre-
scented by nf,y 800 shares OF the par value
.; one hundred dollars $4,000 each, walch
shares 81 stock shall be ISSUED full paid and
non assessable Tor cash, notes, or IN pay
ment Tor property, rights, PRIVILEGES, leases
81 M
services rendered to, this corporation. The
capital stock OF This corporation may be
increased 10 twenty-five thousand dollars
ts15UUuU BY two-thIrds vote OF the stock
holders thereof. Before any stoGkholdeT shall
offer his stock to any outsider Tor sale, ne
shall hrst offer same to the compsnys stock
holders, through ITS president, a. a prIcs
not exceeding what he IS willing TO accept
from outsider.
This corporation shall commence business
as soon 500 Of the capital stock shall
have been subscribed
All corporate powers OF this corporation
shall be vested IN asd exercised by a board
Of directors composed or not less than three
90 more than nVe ~ stockholders,
maj 0rIty OF whom shall constitute quorum
Tor the transaction OF all business. Through
have power 10 perform all acts and things
permitted by law and that may be necessary
to and proper 10 carry out the objects and
purposes Of this corporation.
The Irst board OF directors shall be conf
posed Of Messieurs Gerald S. Kennedy 2O7
Denegre Building, New Orleans, la, Alfred
F. Page, O7 Denegre Building, New Or
leans. La, George a. LaroussinI, S25 Union
Street, New Orleans, La, James E. ODoa:
nell. ST, $50 Union ST, v o., La, and
Walter b. Block, Carencro, La, with the sas
Gerald ). Kennedy as president; Alfred F.
Page as vice-President, and general mana
ger, and James +. O'Donnell, ST., as secre
tary-:reasurer. all Of whom shall hold office
until the first Monday in June, 1918, or until
their successors shall have been duly elected
and qualhed On the first Monday in
June. 1918. and annually thereafter, an elec
zion for directors shall be held al the office
Of this corporation under the supervision Of
two L2) commissioners to be appointed by
the stockholders. All elections shall be by
ballot and the majority OF stock present
represented shall elect, and each share 81
stock shall be entitled to one vote, either in
No stockholder of this corporation shall
ever be held liable for the contracts or
faults thereof in any further sum than the
unpaid balance due to the corporation sr the
shares of stock owned by him, nor shall
ary mere informality in organization have
the effect of rendering this charter null or
exposing stocSholder to any liability be-
yond the unpaid amount OF his stock.
fee, at the city Of New Orleans. Louisiana,
in the presence of Messieurs Frank ]. Stitch
and Fernand F.. Teissier. competent. wit
nesses OF lawful age, and residents of this
together with the said sppearers and me,
notary. after due reading OF the whole 49,
Original Signed: Alfred F. Page, M
Denegre Bldg, y. o., La, five shares
Chas. Phillips. by A. F. Page; 207 Denegre
Bldg. y. O, La two shares; Morris Marks,
by A. F. Page. 3Ol Dauphine ST, n. o., La,
one share; Walter T. Block, Carencro. La,
six shares; John T. Block by W. B. Block,
ll6 Park Row, y. o, La, two shares; Jas.
E. O'Donnell. ST, S26 Union St, y. O., La,
1--WE 81 shares. Gerald Kennedy, 07 Denegre
Bldg, " O., La, two shares; Geo. A. La
roussini, S23 Union ST., N O., La, two (2)
shares.
Witnesses: F. J. Stitch, F. F. Teissier.
VIM. J. FORMENTO, Not Pub
I. the undersigned recorder. of mortgages.
in and for the parish Of Orleans, State OF
louisiana, do hereby certify that the above
and foregoing Act OF Incorporation Of the
Lafayette Stock Farm, Incorporated" was
this day duly recorded in my Office, in book
New Orleans. May I, 1917.
(Signed) SMILE ]. LEONARD, by. r.
A true copy from the original
W. J.. FORMENrO, Not Pub.