The herald. [volume] (New Orleans, La.) 1905-1953, 1917-08-09
July 9, 1917.
CHARTER
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-first.
Before me, Arthur A. Moreno, a notary
public, in and for the Parish of Orleans,
State of Louisiana, duly commissioned and
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 to 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 we'll as such other persons as may be
hereafter become associated with them or
their successors, to form and constitute them
selves into a corporation and body polite in
law, and for the objects and purposes and
under agreements and stipulations 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
full term of ninety-nine years from the date
hereof; to contract, sue and be sued; TO make
and use corporate seal; to purchase and re-
ceive, lease hold, sell and convey, as we'll
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.
Article 1.-THE domcile of said corpora
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 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 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 a general seed and poultry business.
Article IV-The capital stock of this cor
pOration shall be ten thousand dollars (Sl0,-
00O.OO divided into one 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 ($3O,OOOOO divided into two
hundred shares of the par value of $1,000
per share, and this corporation is 20 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 V.-No stakeholder shall ever be
liable or responsible for the Indebtedness
faults, defaults of this corporation, moi
shall any mere informality in the organi.
zation of the corporation have any effect Of
rendering the charter null or of exposing the
stockholders to any liability beyond the un.
paid balance, If 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 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 fol-
same. Should said stockholders in seventy
two houts after notice having been given
fail or refuse to purchase the stock Offered
for 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 VI.-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 70
own, hold, receive, loan, lease, purchase, sell