The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-01-18

sions Of Act NO. No. 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 orgenize them
iselyes. as vel a. 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, stipulations and
agreements following, towit:
ARTICLE i. =
/ The name and title of this corpo-
ration shall be: adj g..
"AVOCA. HOLDINGS COMPANY,
INCORPORATED"
and under and by SAID name, unless
sooner dissolved in accordance with
law and this charter, it shall exist and
lcontinue, and shall have and enjoy
Icorporate existence and succession
for a period of nlnety-nlne years
from and after the date of this act.
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
poreal or incorporeal, movable or i'm
movable, all subject to such limita-
lions as may be prescribed by law.
Il NAV make, issue and endorse
bonds or notes and other evidences
!; of debt. It may accept mortgages,
nledges or other forms of security
! for money loaned or other debts: 1t
NAV contract, sue and be sued, plead
or be implicated by it's corporate
name in any court of competent Ju,,
risdiction. It 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. 1t may
name, appoint and employ such
5 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 the nature, char
acter and value of their services. 1t
Imay make, and establish bylaws,
rules and regulations not inconsist-
ent with this charter or any existing
: law, fixing or altering the manage
= ment of its property, the regulation
e and government of its affairs, and
r the manner Of the certification anc
4 registration of its stock. 1t may
wind up and dissolve itself, or be
wound up and dissolved in the man
I ner prescribed by law. It may con
j. duct business in this State, othe1
States, the Federal Districts, TIM
Territories and possessions of thu
United States, and any foreign coun
trv. It shall have the power to in
lvest its Board of Directors with al
!. of its corporate powers, subject t.
such restrictions as may be namet
in this charter. And it general!
shall possess all the powers, rights
privileges and immunities which cor
porations are and may hereafter b.
authorized to possess under the Con
tuition and laws Of this State. ant
particularly under Act No. 267 o
the Acts Of the General Assembly o
70 the. State of Louisiana for the yea
:. 1914.
s. The dcmicile OF this corporation
H. shall be at the City of Morgan City
l. Parish of St. Mary, State of Louis
+ lana.
Article III.
" The objects and purposes TO
IN which this corporation is formed an
tie The nat,le of the bus mess to be cal
in ried OF BY it, are hereby declared t
e. be: :.
r. To buy and sell stocks. bond
" mortgages, debentures, trust r.
81 ceipts, commercial paper, consol
q. and government securities, either fC
of itself or agent of any person, fri
10 or corporation, but not to engage
Is the banking or stock-jobbing bus
70 ness: to act as the fiscal agent {
~ any person, firm or corporation;
buy, sell, let, lease, hire, own or d.
" mise or generally deal and trade
: real estate, with the power to in
prove or increase the value thereo
to borrow money and grant NOR
cages, bond mortgages or not
therefor; to lend money and to r
ceive therefor mortgage, bonds {
any other evidence Of indebtedness
to carry on any other business whic
under the law, it may be entitled
carry on which may seem to the co
poration to be calculated, directly I
Indirectly, to effectuate the afor
z said objects or either of them, or
- facilitate it in the transaction of i
!! aforesaid business or businesses, I
- any part thereof, or in the transa
- ton of any other lawful busine
- that may be calculated, directly I
= indirectly. to enhance the value .
- or to render profitable any Of Il
= company's properties and right
= and generally to hold and exerci'
;! all such incidental powers and pl
- vileges as relate to the objects al
- purposes hereinabove set forth or ;
- may be necessary, useful or convel
q lent for effecting said objects ar
,! purposes. -
- ARTICLE Nv.
- The authorized capital stock I
- this corporation is hereby declare
u to be the sum of TWO HUNDRE
SAND FIFTY THOUSAND DO