The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03
CHARTER
or RICH BEND DAIRY PkODJO4S
COMPANY, INCORPORATED

United States u America, STATE Oh L'T.'1
ana, Parish Of Orleans, City oil Nc"
Be II known, that on th.s eleventh day
Of the month Of April, in me yae' 9' Ou
Lord one Thousand, nine hundred anu 'e'
euteeu before me, EiuyaId +. HeEEques'
norary public, duly commissioned, sworn
and quaAhed IN and Tor the pdE.sA OF VI
leans, City Of New Orleans, state oi LouI'I-
ana, therein residing, and IN me PicSc"-GI
al rhe witnesses hereinafter named anu
,rd.rsIgued personally came aud appeared.
The several persons whose names are mere
unto subscribed, Who seEeIally declare ma
awaiting themselves Of the laws u tAe Std-e
Of Louisiana, IN such cases made ana pIy-
y,d-d they have cOyeuauled and agreed,
and do by these presents covenant ana az &C
and bind themselves, as well as ali elIh pei
sons as may hereafter become associate
with them, 10 form q corporation tor Inc %
iscts and purposes and under the articles
and supulatouS following, t0-wit:
Article The name OF tins corporation
shall Je Rich Bend DAIRY Producis Coih-
pany, Incorporated and under ITS sdid COZ
porate name II shall have power and du-
thority TO have and ENJOY corporate exist,
euce and succession tor the iu!4 term anu
period Of uInety-nIne years iron anu dI1eL
the date hereof; to contract, 10 sue anu Oe
sued to make and 10 use a corporate seal
and the same 10 alter and break At pleasure
70 hold, receive, lase, purchase ana convey
Is well mortgage and hypOtntcdte prop
erty. real, personal and mixed, COTPOISal
and incorporeal; TO name and appoint Such
managers, agents, directors and oihceTs as
ats business Interest and convenience may
require, and 10 make and establish, as wei
as alter and amend from time 10 time suCil
bylaws, rules and regulations tor the proper
government OF the affairs OF SAID corpora
Gion as may be necessary and proper.
Article 1.-The domcIIe OF this corpora
tion shall be in the City OF New Orleans,
State OF Louisiana, and all citations OF
other legal process shall be served upon the
president OF said corporation, or IN the eveni
of his absence, upon the wee -pTesluehl' anu
an the absence OF both OF SAID ohcerS, upon
ske ACKNOWLEDGEMENTS OF SAID corporation
Article IIl.-The objects and purposes ioi
which this corporation Is organized ana es'
sblished and the nature OF the business tI
be carried on by II are hereby declared 10 be
70 engage in the dairy business, and IN the
lale and distribution Of dairy products, OF
shatever character whatsoever; as well as
to engage IN such other commercial business
as may be incidental TO the production Of
milk and ITS by products, and to generally
deal in all kinds OF country produce, Dol!
retail and wholesale, and IN fuTtheTanct
thereof, to buy, lease or acquire such Tea
property as may be necessary to properly
conduct and prosecute said business; IN th'
establishment and maintenance OF factories
plants or otherwise; and generally to do lnC
perform all things pertinent and lnclden
and which may be proper and necessary L
carry out and execute the objects and puT
poses of this corporation.
Article lN.-Ihe capital stock OF TINS cor
thousand and 00/l0O, (Sl0,OOOO dollars di
vided into and represented by one thousand
1900, shares OF the par value OF ten anS
O0/l0O, Q000 dollars each Said stocA
shall be paid for in cash, or in such IN
stallments and at such time and after such
notice TO subscribers as the board OF dlrec
tors may INK, or same may be ISSUED al MOI
less than par for labor done and services
performed for said corporation, or for prop
erty rights actually received by said cor
poration. Five thousand and 0O/l00 S5,U0.0O)
dollars of the capital stock has been sub
scribed to the corporation at the time OF the
passing of this act of Incorporation, and
This corporation shall become a going con-
Germ and shall be authorized to commence
business as soon as twenty-five hundred and
0O/l00 ($2, SO044), dollars of its capital stock
shall have been paid for, either in cash or
for labor done, or services performed tor
said corporation, or for property or rights
actually transferred to it.
Article V.-The capital stock of this cor
porstion may be increased to the sum of
one hundred thousand and 00/l0O (Sl00,OO00O)
dollars by vote of two-thirds Of all of the
stock, at a meeting called for that purpose.
Article Wall the corporate powers Of
this corporation shall be vested in and exer-
7lcised by a Board of Directors, composed of
zee (0 stockholders, two of whom shall
hstitute quorum for the transaction Of
Thomas II. Elliott, Jr., Edward Nathan and
Andrew J. Carey shall compose the first
board of directors of this corporation. This
FIRST board Of directors shall serve until the
second Monday in January, 1913, after which
the directors shall be elected annually by
the stockholders at a meeting to be held
on the said second Monday in January OF
each year. Said meeting of stockholders to
be preceded by fifteen days notice in writ
ing sent to each OF said stockholders at his
or her last known plsce-of residence. Each
stakeholder shall be entitled in person or
proxy TO one vote for every share owned by
him or her; all elections shall be held under
such rules and regulations as may be deter
mined by the board of directors. The direc-
tors, when elected, shall continue in office
for one year and until their successors shall
have been duly elected and shall have been
qualified. No failure to elect shall operate
the forfeiture OF this charter or any RICH,
under the same. Any vacancy occurring on
said board shall be filled by the remaining
directors tor the unexpired term. Thomas
II. Elliott, Jr., shall be president; Edward
Nathan, vice-preident, and Andrew J. Carey
shall be secretary treasurer of the first board
OF directors, to serve until the second Mon
day IN January, 1918.
Article VIl.-The funds of this corpora
tiOn shall be deposited from time to time
in bank or banks to be selected by tn,
board of directors. All checks, notes or in
struments drawn or executed or issued il
said corporations name shall be counter
signed by at least two officers of the cor
Porstion; No official shall thus sign or en-
dorse the name OF the corporation saw,
strictly in its concerns
Article VIII.-This act of incorporation
may be changed, modified or amended o
the capital stock increased or decreased b.
and with the consent OF two-thrds of all tht
stock.
change in the objects and purposes ma,
be made only by vote of all the stool
therefor issued; and an increase of the cap
itsI stock IN excess OF the amount original,
named herein the amount to which tn,
capital stock may be increased, may be mad,
by three-fourths Of all the outstandin,
stock.
This corporation may be dissolved by :
vote of two-thrds of all the stockholder!
at meeting called for that purpose.
Notice of all meetings referred to in thi.
article shall be given in the same manner
as is provided for the giving Of the notices
of election. In case OF dissolution or ter
minstion of this charter, either by limita
uon or otherwise, the affairs of this corpora
ton shall be liquidated by three liquidators
elected by the stockholders from among their
own number, each liquidator shall have full
authority 10 settle and wind up the business
and affairs of this corporation. The terms
and conditions and the compensation for such
services shall be fixed at the time o: elec.
uon. In case Of the death or other dsa-
oiIIiy OF any Of the liquidators before the
hnal liquidation of the affairs of the cor
poratlon; the remaining liquidator or 'liqui-
GATORS shall MI said vacancy or vacancies.
Article lX.-No stakeholder of this corpora.
ton shall be held liable or responsible for
the contracts, defaults or debts of this cor.
n