The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-01-29

General Assembly of the State OF
Louisiana for the year 1914, they
have united to form and do, by these
presents, form and orga niZe them
selves, as well as all such other per
sons who may hereafter Join or be-
come associated with them or their
successors, into stock corporation
for the objects and purposes and
under the covenants, stlpulatlons and
agreements following, toW!t:
ARTICLE l.
The name and title of this corpo-
ration shall be:
"AVOCA HOLDINGS COMPANY,
INCORPORATED"
and under and BY saiG name, unless
sooner dissolved in accordance with
law ard this charter, it shall exist and
continl e, and shall have and enjoy
corporate existence and succession
for a period of ninety-nine years
! from and after the date of this act
i 1t may have, hold. receive, borrow.
loan, exchange, acquire by grant, git
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
uoreal or incorporeal, movable or i'm
movable, all subject TO such limita-
! tons IS may be prescribed by law.
I 1t may make, issue and endorse
/ bonds or notes and other evidences
/ Of debt. It may accept mortgages,
pledges or other forms of security
| for money loaned or other debts. 1t
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 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, hay-
ing due regard to the nature, char
acter and value Of their services. 1t
may make, and establish bylaws,
rules and regulations not inconsist-
ent with this charter or any existing
law, fixing OF altering the manage
ment of its property, the regulation
and government Of its affairs, and
the manner OF the certification and
registration of its stock. 1t 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. 1t 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 State Of Louisiana for the year
1914.
ARTICLE II. =
The dcmicile OF this corporation
shall be at the City of Morgan City,
Parish of st. Mary, State cf Louis
ian. +
ARTICLE III. /
TIL objects and purposes Cor
whica this corporation is formed and .
The r t-;le of the business to be car
ed g by it, are hereby declared to .
Le:
To b~1 and sell stocks. bonds, /
nortgas :, debentures, trust re-
CENTS, -lmercial paper, consols,
ard gove ament securities, either for
Use or mt Of any person, firm
= ~poT. m, but net to engage in
tn D-.nklA} or stock obbing bust
res5; u act Is the fiscal agent Of
ny pe-son, nm or corporation; to
/ y, Sc, lei ease, hire, own or de-
L. e or gene 'ly deal and trade in
re; estate, WI the power to I'M
pr e or ilcrea~e the value thereof;
to r~1-E money and grant mort
gaI e, BID mortgages or notes
there.cT; lend money and to re-
ceive therefor mortgage, bonds or
a;iy other evidence Of indebtedness;
to carry on any other business which,
Under TIE la it ray be entitled to
carry o. whion may seem to the cor
poratiol j b. calc, ated, directly or
indirectly, to offec. ,c.te the afore-
said objects or either of them, or to
facilitate it in the transaction of its
aforesaid business or businesses, or
any part thereof. or in the transac-
ton Of any othe. lawful business
that may be calculated, directly or
Indirectly, to enhance Il. value of
or to render profitable any of the
properties ard rights,
and generally to hold and exercise
all such incidental powers and pri- '
vReges as relate to the objects and ,
purposes hereinabove set forth or as
may be necessary. useful or corven-
lent for effectin., said objec.s and
purposes i
ARTICLE Nv.
The authorized capital stock Of .,
this corporation is hereby declared
70 be the sum of TWO HUNDRED
AND FIFTY THCoSAND DOL
LARS ($25O,OOO.OO). Che present
y authorized capital stock Of this ,
shall be rsoreser ted L.
rWn Thnneonl Ei,,, /u,.-J.l