The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-01-25
Charter Of the Avoca Hold
ings Company Inc.


State of Louisiana.
Parish of St. Mary,
City of Morgan City.
BE IT KNOWN, That on this, the
31st day Of the month Of December,
in the year of Our Lord, one thous-
and, nine hundred and seventeen,
and of the Independence of the Uni
ted States of America, the one hun
dred and forty-second, before me, l.
w. Paddock, Notary Public, duly
commissioned and qualified within
and for the Parish of st. Mary, State
of Louisiana, therein residing, and in
the presence of the witnesses here
matter named and undersigned, per-
sonally came and appeared the sew
eral persons whose names are here
unto subscribed, who severally de-
clared that, availing themselves of
the benefits and provisions of the
Constitution of the State of Louis
lana and to the laws of said State
relative to the organization of corpo-
rations, particularly Of the provi-
sions of Act Number 267 of the
General Assembly Of the State of
Louisiana for the year 1914, they
have united to form and do, by these
presents, form and organize them
selves, as well as all such other per-
sons who may hereafter join or be-
come associated with them or their
successors, into a stock corporation
for the objects and purposes and
under the covenants, stipulations and
agreements following, towit:
ARTICLE i.
The name and title of this corpo-
ration shall be:
"AVOCA HOLDINGS COMPANY,
INCORPORATED"
and under and by SAID name, unless
sooner dissolved in accordance with
law and this charter, it shall exist and
continue. and shall have and enjoy
corporate existence and succession
for a period of ninety-nine 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, hypothecate. cucumber
or mortgage property of any kind,
whether real, personal or mixed, cor
poreal OF. incorporeal. movable or i'm
movable, all subject to such limita-
tons as may be prescribed by law.
It may make, issue and endorse
bonds or notes and other evidences
of debt. 1t may accept mortgages,
pledges or other forms of security
for money loaned or other debts. It
may contract, sue and be sued, plead
or be implicated by its corporate
name in any court of competent ju-
risdiction. 1t may make, adopt and
use a common seal and alter the
same at pleasure. 1t may hold stock
in other corporations. and its cap
ital stock may be issued for capital
stock in other corporations. It may
name, appoint and employ such
managers, directors, officers, agents
and other employees as its said bus
mess and convenience may require,
and may fix their compensation, hav-
ing due regard to tie nature, char
acter and value Of their services. It
may make, and establish bylaws,
rules and regulations not inconsist-
ent with this charter or any existing
law, fixing or altering the MANAGE
ment ct its property, the regulation
and government of its affairs, and
the manner Of the certification and
registration of its stock. It may
wind up and dissolve itself, or be
wound up and dissolved in the man.
ner prescribed by law. 1t may con-
duct business in this State, other
States, the Federal Districts, the
Territories and possessions of the
United States, and any foreign coun-
try. It shall have the power to in
vest its Board of Directors with all
of its corporate powers, subject to
such restrictions as may be named
in this charter. And it generally
shall possess all the powers, rights,
privileges and immunities which cor
porations are and may hereafter be
authorized to possess under the Con-
st'tution and laws of this State, and
particularly under Act No. 267 Of
the Acts of the General Assembly Of
the Otdte OF LOUISIANA Tor the year
1914.
ARTICLE II.
The domicile OF this corporation
shall be at the City Of Morgan City,
Parish Of st. Mary. State Of Louis
lana.
ARTICLE III.
The objects and purposes for
which this corporation Il formed and
the nattIA'of the business to be car
ried on by it, are hereby declared to
be:
To buy and sell stocks, bonds,
mortgage, debentures, trust re-
ceipts, commercial paper, consois.
and government securities. either for
itself or agenteof any person, firm
or corporation, but not to engage in
the banking or stock jobbinK bust
ness; to act as the fiscal agent Of
any person, firm or corporation; to