The herald., 1917-09-20
ACT oF INCORPORATION
OF DIME PECAN COMPANY, INCOR
PORATED

/ >, VT y
BE il known, that on this the 2gth dav
| OF August. in the wear of orr Lord one th5,i-
| sand nine hundred and seventeen ral7J.
| and Of the Independence OF the United
| states Of America, the one hundred aud
| Forty second. 'bcfare me, Joseph Sinai a
! notary public, duly commissioned and sworn.
| IN and for the parish of Orleans. State OF
| louisiana, and therein residing, personally
are hercun;o subscribed. who declared thai
! ivailIng themselves of the provisions OF the
! laws Of this State relative 20 organization
Of corporations, and more particularly 10 AC,
~ u the General Assembly of this State
| approved July OH, 1913, they have covenau:ed
| and agreed, and do by these preSeu-s cove.
rant and agree bind. form and constitute
! themselves, As well a. such persons who
may hereafter join, or become associate
with them, into a corporation and body pol
inc in law, for the objects and pu-posc, and
under the agreements and s,ipalations fol,
lowing, to-wIt:
Article The name and s,y-e Of r1;s cor.
po-ation Shall be the "Dixie pm C,,n.
| parv, Inco-p,-a,ed' and under tb9t ,,rra
| j; Shall have and enjoy all the rigb.s al
| vdutageS and privileges granted by law "a
corporations; il shall exist i,- the nc-Iod Of
| uluctv-niue tgD wears iron, -fis 'dqta. -
| shall have the power to contract .re ,-i he
sued IN its corporate name. to nab and
| use corporate seal. and the same >, he'll,
o- alter at pleasure; to hold. receive. pur-
| chase, convey. mortgage bvn1,bersta NJ
pledge property. Lotb rfSi and prrscl'sI. -
| issue bonds notes and o,bcr obIigatin,S NJ
| negotiable instruments: 70 have and eun,ov
such managers, directors. officers. agent. and
| other emDI,yerS a. IN. ;,.sra.- "a .,-,....
| nieuce OF said r,rDo-ation NAV rrn,,i~e nv
| demand; 70 make and establish such nv.
| laws, rules and regulations for the corporate
management and control Of the affairs Of the
c1rpara,inu 4, may he deemed 7prr.s,r,. and
expedient.
| Article 1.-THE dor7icIe nj this ro-no-a-
| lion shall be in the Civ OF New Orleans.
State OF Louisiana. and all citations and
| other Local Dr,r..se. sb,II La ss-,.eJ ~, 49,
| president. or. in his absence on the vlre-
| president, and. in the absence nj bo,5 q, the
| secretary.
| Article IIT-The objects and n,-no.rs f,-
which this corporation j o-gasi1ef. and the
II A.. hereby derIared r. he as ioIfou =" ~.
| wit:
| To buy and sell. deal in on consignment
| or otherwise groceries. farm p-,ducts and
| all other objects usually bo,,gbt and sold
and dealt in bv a produce dealer. broker,
| or commission merchant:
| To manufacture. buy, sell. assemble. lease.
rent. import. export and generally deal in
| chire-v, machines, appliances and accesso.
ries. devices, patented or not. operated by
hand or power. and particularly machines
machinery, appliances. accessoriss ard de-
vices. patented or nor fo- the crarsinp al
nuts
| To buy. sell. and generally deal in all OF
the various objects upon which said ma.
chimes. machinery and to- devices will oner.
ate, and to engage in such mercantile activ.
tiles and such manufacturing. refining. recti
J fvjrg and d;stilIi,g r-oressrs as vii .r,brs
d II to dispose Of the products and /or by-pro
duets thereof Of every kind and description
and by whatever process rhe SANE can be O,
may hereafter be produced:
/ And. generally ~ do eyerv ac, matte .,
/ hing wTatevcr, that NAV be neces,arv. in
cidental, useful az advisable in the further
arce OF said objects and purposes
poration is fxcd at the sum OF fftv thou
| sand CS5OOGOOD dollars divided into FIVE
hundred C5nOI shares. Of the par value of on,
hundred (SlOOOm dollars each. All share
II stock shall be full paid and non-assessa
BILE
Said stock snail he naid fo- IN rash ~
The same NAV be issued. A; not les Ina,
par. for labor done or for services rendered
70 The said cnrpo~a-;on. or p-operty or right,
actually received Nv said c1-no-ation
| No stakeholder shall have the right TO dis
pose Of his shares Of stock until he shall
have first Offered tn sam. IN he I0ard n
directors n il then hooL value vino Sal
have fifteen G5) DAYS op,ion within whicr
| % purchase same. No transfer Of stock sbaI
be binding upon the corporation unless mad,
upon its books
This corporation shall have the right :,
increase its Carital stock m 70 the Fu-thc,
! sum Of two hundred and Gf.v -bo,s,r,
! fs-5OOONGM dollars. or anv part thereof, =,
ie divided into shares Of ore hundred (SIOn
/ dollars each. provided said increase in IN,
capital stock Shall have been authorized b,
| .hc stgckborIe-s a. a meeting LeId rr~s,,,
to the provisions al this charter
| This corporation shall have and eniov N,
| right % purchase shares Of stock in othe,
| corporations. partnerships or other interest.
as nav he found necessary. exped;ent anc
| advisable
! This corporation shall he and b-cnn, ;
going concern when fifty per cent 80 pct
Of - stock shall have been subscribed an,
paid tor
Article N.--All the corporate powers Of thi
| "Orpp-atlon shall be vested in and exercise,
by, board Of directors composed Of not les,
| shan four ~ ard not more than seven 81
stockholders. and a majority of the director,
| shall constitute quorum for the t-ansac
Ion Of all business.
The board OF directors herein named shall
have the power and authority to augment it.
number ny any addition mp to the maximum
nl-nocr OF seven members.
me directors shall he elected annually. by
1aIiot' by the stockholders on the first Tues
"Ir IN august OF each year.
EaCn NtocNh'!der shaH he entitled, in per
%" o, - PROXY 10 one vote Tor every share
N"'u ny HHn' ana all elections shall b.
,e'd uNier Such fGIcS and regulations as MAJ
| ~ sPeII.Sd ny the BOARD OF directors afte
zee" IIol d'F> n'tice OF such election shall
80 60 sen. 70 eaCh stockhoIder al HI
y N?Nn duu'eSS
. | - i"..u'S :" erect directors snail be re
80 a. d lo'IeIlure OF ms Ch3rter
| 81, ,''ii.IO occurring on Such board shall
| L::ou, ~ llV remaining directors Tor IN
| ~ ~ ~, gu 'tIH. .