The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-10

BE it known, That on this 22nd !.
the month ~ December, IN the wear Of
thousand nine hundred and seyentcer one
before me, Charles ROsen, a notary -
duly commissioned and qualified. IN pIoLe,
the above Parish and State, there, Iu tor
ing and III the presence OF the w.. 'esd'
hereinafter name and undersigned ,aesSes
ally came and appeared, the sew e'son'
sons, OF the full age 81 majority per
names are hereuntO subscribed ~ whose
clared that availIng ;hemsc YES Of ~ de-
Of THIS State in such cases made an laws
vlded, they do hereby form thenselvasu pro-
successors and assigns, into a co~ CO. ueir
under the following articles and alton
to-wit: enaFter,
Article 1.-The name Of this c,-,...
shall be international Milling 4 R;poHe alton
poratlon, Inc. It's period OF dyrat;oSSs SoI.
be nlnety-nine years from thi, A.. snail
corporation shall have Tor the nTrr,. Sad
OF the business to be carried on by I, o.
the powers conferred by law uDon -, all
tons, and shall generally exercise iPoIa'
powers necessary To carry on SAID ~! ne
Said corporation shall have fgII r~rlslness.
contract, sue and be sued in its [ oer 70
name; 10 make and use corporate seal rag
and the same 10 break or alter Al nI, and
10 hold, receive, purchase, rent ~ redsgTe;
wise acquire, and 20 convey, uo-ts,r.0 'Ie''
pothecate, lease, sell or pledge. or ",sSe, n.y.
dispose OF property, real, personal ana wise
10 issue oOld>, notes, p- other Obli,,,;eu'
to have and employ such ma1age-ssatJ,ons;
tors. officers, agents and Other - u'ec'
as the interest and convenience of .Pp-oyees
poration may require or demand COZ
and establish such bylaws. rIles =. make
ulatIons Tor the management and cort,,ieg,
lhe business and affairs of the corpor,,;ouI
as may be deemed necessary or eyyn.pIGila'lon
Article 1.-THE domicile of n. ca-. ',''''
shall be in the City OF New OrIs.P' 'Sstion
OF LOUISIANA; and all citation and al 13ta'e
process shall be served on the p a., iesal
and IN his absence or disability nm. .i',
Secretary Treasurer. 'P'H he
Article III-The objects aud ,,,--...
"hlch this corporation IS organized and y.
nature OF the business TO be carrie5 1'.I me
1t. are hereby declared the buyjng - Un by
and selling of rice and by-prodrrts lining
buying and selling of other articles 4 as NE
duce and merchandise, either or ~, pro
account, or as agent or broker ~ Is own
and IN connection with the above ,nS use
going to own, lease or otherwise ~ loie'
and operate rice milling or other Man, sequlie
generally to do all things NECESSARY and
cldental to any of the above and fors.,;.In- an
purposes. 'O'esolng
Article IV.-The amount of the 80,
TO be Ten Thousand (SlOMO) DoII,urss 'iaIed
sisting of one hundred (lOO) shares s con
par value OF 500 per share All ~ us
capital stock shall be subscribed a, ~. selu
OF organization, and paid for in cash bs ing
me corporation engages in business '''e
The amount to winch the cani,,l a.,
may be increased is One Hundred Tbon s'SE
t$lO0,0O0 Dollars, and any stoct ;s nonsand
the future may be issued at anv t;ms IN IN
the Board OF Directors for money o. ny
erty actually received, or labor done a. PyP
corporation according to law upon such te- vac
shall deem proper. 'ee'ors
All transfers OF stock shall be mad. =.
the books OF the company on the sp-rs,S Sa
OF the outstanding certificate and nnrsno..
10 such rules as the Board of Directors NAV
No stakeholder shall have the r;ob, :. N
or otherwise dispose of his stool v.;,L se.
hrst offering II 10 the other s,ocLLaiI-'
through the Board of Directors for tb;-.v
DAYS at ITS book value, for cash; and II
STOCK snail be held subject to this proyision
and every sale, pledge remembrance ~ o.S.,
disposition of said stock shall be mads s.S'
'eSI 10 tins provision Of the Charter,
Inc Board of Directors shall have N.
power to receive subscriptions for and n
issue all stock hereafter subscribed for. bs,
dI sucn stsck and any increase thereof must
hrSt be offered TO the existing holders and
owners OF stock at the time of such Issuance
IN proportion to their respective holdings
article YAH the pswers of this corno
RATION snail be vested in and the business
ana aHalrS OF the corporation managed by
|
elected annually at a meeting of the stocL.
holders on the first Monday of December AZ
each year. The first annual meeting shall
De held on the lst Monday of Desernh,r
ISlo' until which time the officers and Ii.
rectors named in this Charter shall act AZ
untii their successors are elected and Quail.
ned. The officers of this corporation snail
be President, Vice-President and Secretary.
treasurer; but the Board of Directors NAV
az any time elect and appoint such other
and determine their duties; and NAV al any
time divide the office of Secretary.Treasurer
IN which even the Secretary need not be
member OF the Board of Directors.
lhe FIRST Board of Directors to serve for
the hrst year shall consist Of: William R
Burkenroad, 4l6 Poydras Street, New Or.
leans, La; Meyer w. Feingold, 4l6 Poydra,
street, New Orleans, La; Moses II B,dt
4io Poydras Street, New Orleans, La, with
MILAN b Burkenroad as President. Never
n pneingold, as Vice-President. and Moses
H. Badt as Secretary,Treasurer
| All elections shall be by ballot at the
office OF the Company, under the supervision
| y, TWO commissioners to be appointed BY the
hoard OF Directors Notice OF such meetings
shaii be given by the Secretary in writing
ana delivered 10 each stakeholder in person
| or mailed TO his last known address al leas,
niteen days prior to such election; but this
| ers. VIZ 0N''-
| an suSn elections and at all meetings
OF the stockholders, every stockholder shsl
be entitled to one vote for each share Of
| STOCK standing in his name on the books Of
| the company at the date of such election
or meeting; said votes to be cast in person
oy written proxy; and a majority Of the
votes cast shall elect.
| The failure TO elect directors AZ the annual
meeting shall not dissolve or affect the col.
poration nor impair its management in any
respect, but the directors in Office shall re-
nam IN office until their successors are
G,ected and qualified. Each subsequent
board OF Directors shall elect as soon as
possible after their own election a President
vice-President and Secretary Treasurer
and such other officers as they desire. and
may grant to each officer such powers as
| they deem proper
All vacancies in the Board for whatever
cause shall be filled by the remaining direc
tors. Any member of the board may appoint
any other director his proxy 10 act in bis
pace and stead at any meeting Of the
Board; The Board of Directors may make
amend and repeal bylaws for the regulation
OF the Company subject however to sue1
bylaws as the stockholders may make and
not inconsistent Herewith
Article NI.-This act of incorporation may
be modified changed or altered, or said cor.
poration may be dissolved, with the assent
OF two-thirds of the capital stock outstanding
at meeting of the stockholders convened
| Tor that purpose, and after fifteen days WIZ
ten notice has been delivered in person Or
given by letter mailed to the last known
address of each stakeholder The said no
tiee may be waived by the unanimous coz
sent Of all the stockholders
In case of the dissolution Of the corpoft
| ton, its affairs shall be liquidated BY Two
commissioners elected by the stockholden,
with such powers, compensations and dunss
as the stockholders shall determine. =.
Article VII.-No stakeholder shall ever g
held liable for the faults or contracts OF tah
corporation in any further sum than the u.