The herald. [volume] (New Orleans, La.) 1905-1953, 1917-06-07
April y, 1917.
CHARTER
OF TIE LAFAYETTE STOCK FARM, IN
CORPORAIED.

VI HE l.AENN + / L SICNN I-NrN-h' AZ
CORPORAIED.
United States Of America. State OF LOUIS
ana, PaIIsh Of Orleans, City OF Ne"
Orleans.
BE II known, that on this twenty eighth
day OF the month OF April, II 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 ogty-urst, before me, Niliam J. foi-
Iueuto. notary public, daily cuMmlssi o;'ed
and qua.lrrd l., and Tor the cI:y OF Ne"
Orleans, parish .: Orleans, therein res l'..s'
aud III the presence Of me Witnesses "e'e-
matter named and unders gnrd, personally
came and appeared the several parties whose
names are hc-cuntO subscribed, all OF the
fall age II majority and residents OF tAis
c.:y, ~ho Severa..y declared that -E-ItAS
themselves Of Inc laws OF the State OF Lou
lslaua, and especially OF Act 20 OF 49i+' III
such case made and provided, they have
formed aud organized, and by these presents
d. form and Organize themselves ih'o d COZ
p0ratIon 70 De known as the Lafayette o'0.h
Farm Inc5rporstcd,' with its dOmlclIc a.
New Orleans, Louisiana, and shall enjoy
succession iOr the term OF ninety nine ~
yea:s from ne date hereof, unless s.oneE
j sso.vcd and ali citation or oIAeT teS4'
process sha. be served upon The president,
Jr IN case OF ms absence or Inaol!ity - act'
upon the wee president OF SecTeia!y-"e1S-
uTer.
The objects and purposes Of this corpora,
tIon are hereby declared 70 be 10 Ta!se hsss
and other livestock and do 4 general farming
business. - purchase or otherwise acquire
real, personal or mixed property, and to sell
r,ortsage OF dispose OF same, and generally
DO and perform all and whatever lhIngs nee
essary IN the premises. .
The capital stock OF this corporation -
hereby nxed a. the sum OF ave thousand
dollars $4,000, divided into and repre-
seated by nifty 800 shares OF the par value
.! one hundred dollars lSlUu0) each, winch
shares OF stock shall be ISSUED tut PAID and
nOu-as sessa5le :Or cash, notes, or N pay
~ :
and options actually received by, Or ioI
services rendered 10, this corporation. Inc
capital stock OF this corporation may, &c
increased TO twenty-five thousand dollars
tsL5uyuUD by two-thirdS vote OF the stock,
holders thereof. Before any stockAo.deT sinai.
offer his stock 10 any outsider tor sale, ne
shall rGst offer same 10 the company STOCK
holders through It's president ~ pTIcs
not exceeding what he is willing 10 accept
from An outsider.
This corporation shall commence business
as soon as 500 OF the capita! stock sha!.
have been subscribed
shall be vested IN and exercised by board
Of directors composed or not less than ihTee
90 nor more than hVe ~ stockholders, a
majority Of whom shall constitute quorum
fgr he transaction OF all business. Through
said board OF directors this corporation sha.!
have power to perform al acts and things
permitted by law and that may be necessary
10 and proper 70 carry out The OBJECTS ana
purposes Of tins corporation.
The FIRST board OF directors shall be conf
posed OF Messieurs Gerald ). Kennedy, ~,
Denegre Building, New Orleans, La, Alfred
r. Page 1O7 Denegre Building, New Or
leans, La. George \. Laroussinl, &5 lnIoa
Street, New Orleans, La, lanes 4; q Don
nell. 81, so Union St, y. o., La, and
Walter b. Block, Carencro. La, with the saIs
Gerald 5. Kennedy as president; Alfred r.
Page as vice. president, and general mana
ger, and James E. ODonnell, ST, as secre-
iary treasurer, all Of whom shall hold ONCE
until the FIRST Monday IN june ISlS' or untii
;helr successors shall have been duly elected
and qualified. On the first Monday IN
Tune. 1918 and annually thereafter, an cleo
tion for directors shall be held al the ONCE
OF this corporation under the SUPERVISION o.
:wo t2l commissioners to be appointed 1y
the stockholders All elections shall be by
ballot and tAe majority OF stock present
represented shall elect, and each snare 81
stock shall be entitled to one vote either IN
No s;ockholder OF this corporation shall
ever be held liable for the contracts or
faults thereof, in any further sum than the
shares Of stock owned by him, nor sha!!
a,y mere informality in organization have
the effect OF rendering this charter null! or
exposing a stockholder 70 any liability be-
vond the unpaid amount OF his stock.
Thus done and passed, in my nOtarlal Of
fcc a; the city Of New Orleans, Louisiana,
in the presence of Messieurs Frank J. Stitch
and Fernand F. Teissier, competent wit
city, who hereunto subscribe their names,
together with the said appearers and me,
notary, after due reading. Of the whole 49,
Original Signed: Alfred +: Page; ~
Chas Philips. by A. F. Page; 2o7 D.negIe
Bldg. v O., La. two shares; Morris Marks,
by A F. Page, 5Ol Dauphine St, \. o., La,
one share; NalteT i Boek, GSFeTSfo R,a "a
ll6 Park Row, y. o, La, two shares; Jas.
f. ODonnell, Sr, SO Union St, y. o., La,