The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-26
CHARTERS.
OF INCORPORATION OF
,v.N.BELLE COMPANY, INC.

Of New ofis That on this, the 18th, day Of
Be i kno"3 August, in the year OF our
tbe NOM ,bousand, nine hundred ana eien,
Lord onS ~ the Independence OF the 0nited
issa, Of America the one huhafeu anu
tSrty.third' c,,.. FIetchinger, a No.
Before me- SrIy commissioned and quail
tau PuDlJ3 Tor the City of New Orleans,
fed ID Az Orleans. State Of louisiana, there
Parish o. O and in the presence of the wit
10 hhs~rssinafter named and undersigned, q,
nes'es came and appeared the several
PersonL ose names are hereunto SUD
persons TIU ~ lawful age and all residents Of
scfibeo, az af New Orleans, State OF louisiana,
the CIn ~ themselves of the laws OF the
and, az io,isiana and particularly OF Act
Safe he General Assembly OF the State
~ ,o",;siana, for the year !Sl4' reIatVe 10
Of Louls.;Zaiion of corporations, state that
the oiss l. covenanted and agreed and do
tbey nav ,ovenant and agree to form them
hefeoy ~ well as such persons who may
selves. so-,e associated with them or sue
have I'm into a corporation, Tor the OBJ
ICED Ia. Id purposes and under the following
r,,;eles. to-wit:
IpTICLE 1.-The name OF TINS eoTpors !,
hon snS s,id corporate name it shall have
snc " and enjoy existence for a period
sneersn,y.n;ne years, unless sooner dissolved
n;n' manner provided by law, and under
10 IH e name it shall have power and
saa ~ 10 contract, sue and be sued, to
rthoFiya Use corporate seal. the same to
nshe % break at pleasure, TO make all nee
sid !" ,Iss and regulations for its corpO-
est'y u,nagement and control; and 1t shall
,ss md enjoy all the rights, privileges and
es .',,nties which are now conferred upon
:, nav Hereafter be granted 10 corporations
~. ' came kinl and charact@r
.pTrcIE 1.-THE domicile Of this col.
H.. IN, the New Orleans
S,a,e Of Louisiana.
.prICJF III.-The objects and purposes
ANL;.L This corporation is organized and
iG ~ Of the business to be carried on
te ~. hereby declared to be: to
V I,ase, buy and sell lands and real
W. VIZ. and TO hold, improve and mortgage
90 s,ms. 10 improve lands for general or
tne ; in nnrposes; to acquire and operate plan
So factories and refineries and 10 sell
~ ease the same; to purchase, sell. CON
~ -, lease and operate saw mills, grain
i.s,tors canning factories and warehouses
- N operate switch tracks, railroads, barge
- ho,t lines in connection Herewith; TO pur-
t I.,s seIl manufacture, produce, refine, pre-
we. import, export and, generally. to deal
P,r.r sugar cane, molasses, syrups and all
5,s,s or by-products thereof; and to deal
7, al food products generally; to plant, cul-
.vs,, produce and raise sugar cane, corn
W.. ,;re and other food crops; to purchase,
all
= III kinds: TO conduct general mercantile
k..;n,ss. wholesale and retail, in the State
y louisiana, or elsewhere; to engage in the
hasness Of public warehOuseman; to draw.
lie ipdorse bills of exchange, promissory
o,.s and 10 issue bonds. to sell, assign,
rspsfer, mortgage, pledge or otherwise dis
ooss Of bonds, securities or shares of capital
s,ork in other corporations; to own stock
Il other corporations. to vote the same, and,
s,nerally. TO do any and all things inciden-
ri ar eermane to any of the objects and
PURPOSES above specified.
ARTICLE IV.-The capital stock of this
earporation is hereby fixed at the sum of
ExsmQOO Dollars, divided into twenty-five
hundred and fifty shares Of the par value of
One Hundred ($lOO Dollars each, which shall
b First Preferred Stock; five thousand
5000 shares Of the par value of One hun
ard $500 Dollars each, which shall be Sec
Oad Preferred Stock, and one thousand Q000)
shares Of the par value of One hundred
500 dollars each, which shall be Common
Stock
The First Preferred Stock shall be entitled
10 preferred dividends at the rate of six (0
ger cent. per annum on the par value thereof
10 be paid annually, the said dividends to
Be payable out Of the net profits which may
be realized by the corporation, and the said
dividends shall be cumulative.
The Second Preferred Stock shall be en-
titled to preferred dividends at the rate of
five % per cent. per annum on the par
value thereof to be paid annually, the said
dividends to be payable. out Of the net pro-
non, and the said dividends shall be cumu.
latiye
The net annual profits realized by the cor
porztion over and above the amount which
may be required to pay during each year.
the dividends due on the first and second
NIB al Al
he payment Of fixed charges and operating
expenses shall be applied on the first day Of
February OF each year, beginning in 1919, to
the redemption Of the shares Of second pre-
!sned stock. at par, until the first day of
February, 1875 when, after the payment of
ne dividends on the first and second pre-.
erred stock and the payment of. all fixed
narges and operating expenses, the net an
rual profits shall be applied, first, to the
resumption or retirement of the first pre-
hred stock, and thereafter to the redemp-
non and retirement of the second pre-
Nrred stock, as above provided, until the said
outstanding first and second preferred shares
maj be redeemed or retired down to twenty
nve hundred $500 shares of the aggregate
pI value OF two hundred and fifty thousand
NSog Dollars, after which dividends may
V declared on the common stock.
lae entire issue of the shares of First
Preferred Stock shall be redeemed or retired
or before February !, 1925.
Inc shares OF the Second Preferred Stock.
% redeemed or retired as above provided,
nal Be determined by lot, under regulations
ee ADOPTED by the Board of Directors, and
n.i BE- redeemed or retired in not less than
~ following amounts and on the following
=. sy February lst. $1,000; 1920. February
fM"W; YA, February LIST, $1,000; 1922,
~ , ,ny st, $1,000; 1928. February LIST, slO.-
=, ~ - february lst, $4,000; 1925, Febru-
~ ,sL $O00; 1926, February LIST. 10000.
en- ~, reoruary lst, $4,000; 1923. February Ist.
eo W February LIST, $4,000; 1880. Feb
~,,rr Isl, $1,000; 1881, February LIST. SoOOOO:
rrp eoraary LIST, $4,000; 1888, February 1st,
70 dividend shall be declared on the com.
| an - - Z, 1ne corporation unless and until
Az % The First and Second Preferred Stock
nave been redeemed or retired down
a a. AH-iiye hundred $500 shares and all
cumulative dividends thereon paid.
orS .p.s I xnen the shares of First and Sec
r.,.. llreierred Stock shall be redeemed or
a- S as above provided. such redeemed
BS,,.;sa psnares shall be deposited with the
0-i.,,ss DanE and Trust Company, of New
c,-r,.. as trustee, for the Evan-Belle
sr-sy Inc, to be cancelled or held in
~, until the whole issue If said shares
~ ri,st and Second Preferred Stock
"a - redeemed or retired, whereupon the
~rL '5s1i rss OF first and second preferred
R,,t ' u be delivered by the said Hibernia
| Co,,,ss trust Co., Trustee. to EyanIBeIIe
irso ,r., INC, to be cancelled or converted
ot,s is.r. common stock, and new certifi-
did az 49,, nereior, accordingly, to be re-
unro, $50 among the owners Of the
bdines. according to their respective
Srt ,asles Of First and Second Preferred
A. NJ redeemed and deposited in ssc-o',, ,.,;,L