The herald., 1918-01-17
CHARTER OF

Dec 20 27 Jan 10 II "a
CHARTER OF
TERMINAL GRAIN COMPANY, INC.
United States of America, State of Louisi-
ana Parish of Orleans, City of New
Orleans.
Be it known, That on this 18th day OF the
month of December, in the year of Our
Lord one thousand, nine hundred and sew
enteen, and OF the Independence of the
United States Of America, the one hundred
and forty-secOnd, before me, Henry c. Bloch
a Notary Public, duly commissioned and
qualified, within and for the Parish of Or
leans, State Of Louisiana, therein residing,
and in the presence of the witnesses here
matter named and undersigned, personally
came and appeared the several persons whose
names hereunto subscribed, who sever
ally declared that, availing themselves of
the benefits and provisions of the Constitu-
tiOn of the State OF Louisiana and of the
laws of said State relative to the organza-
ton of corporations, and particularly of the
provisions of Act No. 267 of the General
Assembly of the State of Louisiana, for the
year 1914, they have contracted and agreed
and united to form and do by these pres
ents, contract and agree and bind and obi
gate themselves to form and organize them
selves, as well as all such other persons who
may hereafter Join or become associated with
them or their successors into a stock corpo-
ration and body polite in law, for the OBJ
Jects and purposes and under the conditions.
covenants, stpulatlons and agreements of
the articles following to-wit:
Article 1.-The name and title of this cor
poration shall be Terminal Grain Company,
Inc.," 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 period of ninety
(o9) years from and after the date of this
act. 1t may have, hold, receive, borrow,
loan, exchange, acquire by grant, gift or
4
dispose of, convey, lease, pledge, pawn, hy-
pothecate, cucumber or mortgage property of
any kind, whether real, personal mixed,
| corporeal or incorporeal, movable or immov-
| able, all subject 10 such limitations as may
be prescribed by law.
| 1t may make, issue and endorse bonds or
notes and other evidences of debt. Ii may
accept mortgages, pledges other debts. 1t
| may contract, sue and be sued, plead Or be
| impleaded by its corporate name III any
court of competent juristion. 1t may make,
| adopt and use a common seal and alter the
same at pleasure. 1t may hold stock in
| other corporations, and its capital stock may
| be issued for capital stock in other corpo-
rations. 1t may name, appoint and employ
| such managers, directors, officers, agents and
| other employees as its business and conve-
| nience may require, and may fix their COM
pensatiOn, having due regard to the nature
character and value of their services. 1t
| may make and establish bylaws, rules and
| regulations not inconsistent with this char
ter or any existing law, fixing altering
| the management of its property, the regu-
lation and government of its affairs, and the
| manner of the certihcation and registration
] of its stock. 1t may wind up and dissolve
itself, or be wound up and dissolved in the
manner prescribed by law. 1t may conduct
business in this State. other States, the
| Federal Districts, the Territories and pos
sessions of the United States, and any for
eign country. 1t shall have the power to
| invest its Board of Directors with all of its
/ m ~,
as may be named in this charter. And it
| generally shall possess all the powers, rights,
| privileges and immunties which corporations
| are and may hereafter be authorized TO pos
sess under the Constitution and laws of this
| State, particularly under Act No. 90 of the
Acts of the General Assembly of the State
Of louisiana for the year 1914.
| Article 1.-THE domcile of this corpora
| ton shall be at the City of New Orleans,
Parish of Orleans, State of Louisiana, and
all citations or other legal process shall be
| served upon the President of this corpora
| ton, or in case of his absence, upon the
Of these officers, upon the Secretary of this
corporation.
Article. III-The objects and purposes for
| which this corporation is formed and the
nature of the business to be carried on by
| it are hereby declared to be:
Section /: To act as agent or representative
| OF corporations. firms and individuals.
Section q To do a general business as
tor under del credere commission in the
manner and to the same extent as natural
persons could do.
Section 3: To carry on any or all business
| as manufacturers. producers, merchants
wholesale and retail. importers and export.
ers. generally without limitation as to class
of products and merchandise, but especially
of cotton, corn, hay. oats and feed stuff and
grain of every class and description, and to
produce. adapt. prepare. buy, sell and other
wise deal in any materials, articles or things
required in connection with incidental to
the producing. handling and dealing in such
commodities or any other commodities which
II may be desired to handle.
Section 4: To make and enter into all
kinds OF contracts, agreements and obliga-
tons by or with any person OF persons. cor
poration or corporations for the purchasing.
acquiring, holding. manufacturing and sell
ing or otherwise disposing of, either as
principal or agent, upon commission or 9TH
| erwise cotton, sugar, corn, hay, oats and
| scription. and any article of personal prop
erty whatsoever, and generally with full
power to perform any and all acts connected
Herewith o., arising therefrom, or incidental
| thereto, and any and all acts proper or
| necessary for the purposes of the business
Section s: To carry on and undertake any
business. undertaking transaction or opera
ton commonly carried on or undertaken by
| merchants, commission men, factors, importers
| and manufacturers agents. and in the
| course of such business to draw, indorse,
| acquire and sell all or any negotiable or
transferable instruments and securities.
| Section s: To do a general commission
merchants and selling agents business; to
buy, sell, and otherwise dispose or, hold,
own, manufacture, produce, export and i'm
port, and deal in, either as principal or
| agent and upon commission or otherwise, all
| kinds Of personal property whatsoever, with
| out limit as to the amount; to make and
enter into all kinds of contracts, agreements
and obligations by or with any person or
persons. corporation or corporations for the
| purchasing, acquiring. manufacturing, repair
ing and selling and dealing in of any arti-
cles Of personal property of any kind or
nature whatsoever, and generally with full