The herald. [volume] (New Orleans, La.) 1905-1953, 1917-12-20
CHARTER OF
TERMINAL GRAIN COMPANY, INC

TERMINAL GRAIN COMPANY, INC
United States OF America, State of Louis-
ana. Parish of Orleans, City of New
Orleans.
BE it known, That on this 18th day of the
month of December in the year OF Our
Lord. one thousand, nine hundred and sew
enteen, and OF the Independence OF the
United States Of America, the one hundred
and forty second, before me, Henry G.. Bloch,
Notary Public, duly commissioned and
qualified, within and for the Parish of Or
leans, State Of Louisiana, therein residing,
matter named and undersigned, personally
came and appeared the several persons whose
names are hereunto subscribed, who sever
ally declared that, availing themselves Of
the benefits and provisions of the Constitu-
ton Of the State of Louisiana and of the
laws Of said State relative to the organiza-
ton OF corporations, and particularly OF the
provisions of Act No. 267 of the General
Assembly of the State of Louisiana, for the
year 1914, they have contracted and agreed
and united to form and do by these pres
ents, contract and agree and bind and obi
gate themselves to form and organize them
selves, we'll all such other persons who
may hereafter join or become associated with
them or their successors into a stock corpO-
ration and body polite in law, for the OBJ
jects and purposes and under the conditions.
covenants, stipulations and agreements of
the articles following to-wit:
Article 1.-The name and title of this cor
poration shall be Terminal Grain Company,
Inc" and under and by said name, unless
sooner dissolved in accordance with law and
this charter, 1t shall exist and continue, and
shall have and enjoy corporate existence,
and succession for a period of ninety nine
(99l years from and after the date of this
act 1t may have, hold, receive, borrow,
loan, exchange, acquire by grant, gift or
purchase, devise or bequest, sell, ALLEVIATE,
dispose of, convey, lease, pledge, pawn, by
pothecate, cucumber mortgage property of
any kind, whether real, personal or mixed,
cOrporeal or incOrporeal, movable or immov-
able, all subject to such limitations may
be prescribed by law.
1t may make issue and endorse bonds or
notes and other evidences of debt. 1t may
accept mortgages, pledges or other debts. 1t
may contract, and be sued, plead or be
lmpleaded by its corporate name in any
court OF competent juristion. 1t may make,
adopt and use a common seal and alter the
same at pleasure. 1t may hold stock in
other corporations, and its capital stock may
be issued for capital stock in other corpo-
ratlons. 1t may name, appoint and employ
such managers, directors, officers, agents and
other employees its business and conve-
nience may require. and may FIX their COM
pensation, having due regard to the nature
character and value of their services. 1t
may make and establish bylaws rules and
regulations not inconsistent with this char
ter or any existing law, fixing or altering
the management of its property the regu-
lation and government of its affairs, and the
manner of the certihcation and registration
OF ITS stock. 1t may wind up and dissolve
itself, or be wound up and dissolved in the
manner prescribed by law. 1t may conduct
business in this State other States, the
Federal Districts, the Territories and pos
sessions of the United States, and any for
eign country. 1t shall have the power to
invest its Board of Directors with all of its
corporate powers, subject to such restrictions
as may be named in this charter. And it
privileges and immnnites which corporations
are and may hereafter be authorized TO pos
sess under the Constitution and laws Of this
State. particularly under Act No. 267 of the
Acts of the General Assembly of the State
OF Louisiana for the year 1914
Article 1.-THE domicile of this corpora
ton shall be at the City of New Orleans.
Parish of Orleans. State of Louisiana, and
all citations or other legal process shall be
served upon the President of this CORPORA
ton, or in case of his absence, upon the
Vice President, or in the absence of both
OF these officers. upon the Secretary of this
corporation.
Article III.-The objects and purposes for
which this corporation is formed and the
nature of the business to be carried on by
1t are hereby declared to be:
Section !; To act as agent or representative
OF corporations. firms and individuals.
Section 2: To do a general business as
commission merchant, selling agent and fac
tor under del credere commission in the
manner and to the same extent as natural
persons could do.
Section ;: To carry on any or all business
as manufacturers. producers, merchants.
wholesale and retail. importers and export
ers. generally without limitation as TO class
Of products and merchandise but especially
OF cotton, corn, hay. oats and feed stuff and
gram OF every class and description, and to
produce, adapt. prepare. buy. sell and other
wise deal in any materials. articles or things
] required IN connection with or incidental 10
the producing handling and dealing in such
commodities or any other commodities which
1t may be desired to handle.
section 4: To make and enter into all
KINDS OF contracts, agreements and obliga-
| uons by or with any person or persons, cor.
poration or corporations for the purchasing
| occurring. holding. manufacturing and sell.
ing or otherwise disposing of. either as
principal or agent, upon commission or 9th.
erw,se. cotton. sugar, corn, hay. oats and
teed stuff and grain of every class and de-
scription. and any article of personal Drop
erty whatsoever, and generally with full
,nwer to perform any and all acts connected
herewith or arising therefrom or incidental
hereto, and any and all acts proper or
necessary for the purposes of the business
Section 5: To carry on and undertake any
business, undertaking. transaction or opera