The herald., 1917-03-08
ARTICLES OF incorporation
OF ]. T. LANDAICHE PLANTING COM
PANE, INC.

OF ]. T. LANDAICHE PLANTING CON-
PANY, INC.
United States Of America, State Of Louisiana,
Parish Of Orleans, City OF New Orleans.
Be it known that on this. the 9Th day OF
the month of March, 1917, and OF the indie
pendeuce Of the United States OF America
The one hundred and f0rty-hrst, before me,
Charles F. Fleychiuger, notary public,
duly commits stoned and qualified IN and tor
the parish OF Orleans, State OF Louisiana,
and IN the presence OF the witnesses herein
after named and undersigned, personally
came and appeared the several persons whose
names are hereunto subscribed, who sever
ally declared that. ayailing themselves Of
The laws OF this state, in such cases made
and provided, and particularly Act OF the
General Assembly OF Louisiana No. 1oL OF
1914 they have COvenanted, and by these
presents do covenant, agree and bind them
selves, as well such persons as nay mere
after ioin or become associated with them,
to form and constitute corporation ana
body polite in law for the objects and pur-
poses. and under the terms and conditions
following. tO-wIt:
Article This corporation shall be known
a. the y. I. Landaiche Planting Company
Inc" and a. such shall have continuous
succession for nnety-nine t99) years, unless
sooner dissolved and shall have power to
contract; to sue and be sued; TO make and
use a corporate seal and the same to alter
and break at pleasure; to elect and appoint
such officers and directors and agents as the
interests of the corporation shall require;
and to make all necessary bylaws, rules ana
its affairs, and the same 10 alter, amend or
repeal at pleasure; and generally, to exercise
all powers that are conferred, or may here
after be conferred, on corporations OF the
same kind and character.
Article 1.-The domicile of this corpora
ton shall he in the city Of New Orleans
parish of Orleans, State OF Louisiana, and
all citations or other legal process shall be
4 - al
or, in the event of his absence on the vice
president. or. in the event of his absence,
on the secretary-treaSurer, IN the order emu
merated: and in the event of the absence
of the said respective officers, at the ofhce
OF the company.
Article IiI.-The objects and purposes for
which this corporation is organized, and the
nature of the business to be carried on and
conducted by it, are hereby declared TO be
as follows:
To plant. grow, cultivate, produce and mar
ket, within the State OF louisiana and else
where, rice, corn, sugar and farm and plan
tation products and kindred crops and pro.
ducts Of every nature and description, and
to buy, store, sell otherwise to deal or
traffic in same, either at wholesale or retail.
To hire, lease, purchase, own and operate
farms and plantations, livestock, tools, i'm
Elements, machinery, boats, cars and other
property necessary or convenient tor SAID
purposes; and in connection herewith TO
establish a general mercantile and planting
business, within the State or elsewhere, and
to carry on any other business, planting,
mercantile, manufacturing or otherwise, which
can be conveniently carried on with any Of
the company's objects:
To acquire and hsld by purchase, lease or
otherwise, property, real ard personal, NOV
able, immovable and mixed, and the same
to sell, lease. mortgage, pledge, hypothecate,
or otherwise dispose OF in any and every way
whatsoever; to borrow money, to draw, mai
and endorse bills of exchange and promis-
sorry notes, and TO issue bonds; to buy, lease,
rent, erect, construct, maintain and operate
buildings necessary or incident to the bust
ness herein contemplated, and to buy, sell,
rent or lease real estate or personal prop
erty in the course and conduct of said bus
mess, either in connection with SAID busl-
ness or otherwise.
To acquire by purchase or otherwise and
to hold for investment or otherwise, to sell,
assign, transfer, mortgage, pledge or other
evidence of Indebtedness, any shares of
capital stock of any other corporation or
corporations, association or associations,
whether foreign or domestic; and while the
owner of said stock, to exercise all the
rights, powers and privileges OF ownership,
including the right to vote thereon, to the
same extent as a natural person might do.
And generally to do all things proper and
legal that may relate or appertaln TO the
objects and purposes herein set forth.
The foregoing clauses shall be construed
both as objects and powers, but no recita-
ton, expression or declaration of SPECIFIC
merated, shall be decreed to be exclusive,
but it is hereby expressly declared that all
other lawful powers, not inconsistent there
with, and such as a natural person might
have and exercise, are hereby included.
Article IN.-The capital stock of this cor
poration is hereby declared to be ten thou
sand dollars (S10OOO.0O, divided into one
bred dollars (SlOO) each, all of which shall
be common STOCK and which stock shall be
payable in cash or its equivalent at the
time Of subscription, or may be issued at
not less than par in payment of property,
real or personal, rights, credits, any bust
ness, including stock in trade, open accounts,
and good will thereof, etc, actually pur-
chased by, or for services rendered to, this
All shares of stock shall be full paid and
worcestershire.
This corporation shall become a going con-
Germ and be authorized to engage in business
as soon as the entire capital stock OF ten
thousand dollars GslAO00) has been sub
scribed and paid for, either in money, prop
erty, or services rendered.
Certificates of stock shall be signed by
the president and the secretary-treasurer,
and each share OF stock shall entitle the
owner thereof, either in person or by written
proxy, TO cast one vote at all meetings OF
shareholders.
Any shareholder wishing to sell his or her
stock must first offer the same, in writing,
to the other shareholders through the board
OF directors, at price not exceeding the
book value thereof, and they shall nave ten
(l0) days in which TO accept or decline such
offer. Should any shareholder make any
sale in violation of this clause, the same
shall be null and void.
The shares of stock of this corporation shall
be transferable on the books of this cor
pora.iop only. and no transfer shall be bind
ing on the corporation, or have any effect,
unless and until made upon said books; and
prior lien on all shares of stock shall be
retained by this corporation on the stock OF
any shareholder for any Indebtedness. Sc
cured or unsecured, however evidenced OF
created, due at any time to the corporation
by the holder of said stock, and all transfer:
of stock shall be made subject to these con
ditions.
| be increased from time to time to any amount
not exceeding one hundred thousand dollars
| in accordance with the provisions OF the Law
| appertaining thereto.