The herald. [volume] (New Orleans, La.) 1905-1953, 1917-08-02
July o, 1917.
CHAR TER
OF THE BRUCE SEED & POULTRY CON
PANI, 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 are hereuntO subscribed,
! together with the amounts OF their respect
| i've subscriptions TO the capital stock of the
| corporation 10 be formed, who severally de-
clare that. availing 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 as may be
/ hereafter become associated with them or
! their successors, TO 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-wt:
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
] iull Term OF ninety nine years from the date
| hereof; TO contract, sue and be sued; 10 make
and use a corporate seal; to purchase and re-
ceve, 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 md regulations for
the proper management and regulation of its
affairs may be deemed necessary, and the
same to change and alter at pleasure.
Article Thu of
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-president, and,
in case of the absence of both of these off,
GERS, upon the secretary thereof
Article llI.-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
general feed and poultry business, 10 buy
and sell chickens, seeds and poultry and to
do and perform any and all acts usually done
ana performed IN connection with the con-
duct OF general seed and poultry business.
Article IV.-The capital stock of this cor.
poration shall be ten thousand dollars (sl0-
o9oUO divided into hundred shares Of
the par value of $1,000 per share; payable
when issued IN cash, or other property, and
may be increased to the sum of twenty
thousand dollars (S3OOO0OO divided into two
hundred shares Of the par value OF $1,000
per snare, and this corporation is TO be a
going concern when one-half OF the capital
stock has been subscribed and paid for
Zach share OF stock shall be entitled TO one
vote at all general elections
Article N.-No stockholder shall ever be
liable responsible for the indebtedness,
faults, or defaults of this corporation nor
shall any informality in the organi.
ration of the corporation have any effect of
rendering the charter null or OF exposing the
stockholders TO any liability beyond the un-
paid balance, II any, on his stock subscrip-
ton.
Should any stakeholder desire 10 sell hi.
stock he shall first offer the same TO the
stockholders of the company through its
board OF directors, at book value, and the
stockholders who desire 10 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 With. 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 |