The Morgan City daily review. (Morgan City, La.) 1916-1920, 1918-01-30

y
lana and to the laws of said State
relative to the organization of corpo-
rations, particularly of the provi-
sions of Act Number 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 organize 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, stipulations and
agreements following, towit:
ARTICLE /.
The name and title of this corpo-
ration shall be:
"AVOCA HOLDINGS COMPANY.
INCORPORATED"
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 a period of ninety-nine years
from and after the date Of this act.
It may have, hold, receive, borrow.
loan, exchange, acquire by grant, gift
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.
It may make, issue and endorse
bonds or notes and other evidences
of debt. 1t 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 it's corporate
name in any court of competent, ju-
risdiction. 1t may make, adopt and
use common seal and alter the
same at pleasure. It 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
managers, directors, officers, agents
and other employees as its said bus
liness and convenience may require,
and may fix their compensation, hav-
ing due regard to the nature, char
acter and value Of their services. 1t
may makes and establish bylaws,
rules and regulations not inconsist-
ent with this charter or any existing
jlaw, fixing or altering the manage
lment of its property, the regulation
land government of it's affairs, and
the manner of the certification and
Registration of its stock. It may
wind up and dissolve itself, or be
wound up and dissolved in the man:
ner prescribed by law. It 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.
Ivest it's 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.
operations are and may hereafter be
authorized to possess under the Con
Sc tuition 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 veal
1914.
ARTICLE II.
The domicile OF this corporation
shall be at the City Of Morgan City
Parish of St. Mary, State Of Louis
lana.
| ARTICLE III.
The objects and purposes 70,
which this corporation is formed ant
the nattre Of the business to be car
ried on by it, are hereby declared t.
be:
To buy and sell stocks, bonds
mortgages, debentures, trust re
ceipts, commercial paper, consola
and government securities, either to
itself or agent of any person., firm
or corporation, but not to engage il
the banking or stock jobbing bust
ness; to act as the fiscal agent o
any person, firm or corporation; d
buy, sell, let, lease, hire, own or de
mise or generally deal and trade i
real estate, with the power to i'm
H1VvC VI 4uC1C0SS tuC V0AO0 US&0V&
Ito borrow money and grant mort
Igages, bond mortgages or note
therefor; to lend money and to n
lceive therefor mortgage, bonds o
any other evidence Of indebtedness
to carry on any other business which
under the law, it may be entitled
carry on which may seem to the COZ
operation to be calculated, directly .
indirectly, to effectuate the aforl
said objects or either Of them, or
facilitate it in the transaction Of il
Aforesaid business or businesses, q
Iany part thereof, or In the transae
ton Of any other lawful bushes
that may be calculated, directly q
Indirectly, to enhance the value q
or to render profitable any Of th
conpany's properties and right
and generally to hold and exercis
all such incidental powers and pr
vileges a. relate to the objects an
purposes hereinabovs Get forth or I
may be necessary, useful or CONVEX
lient for effecting said objects an
purposes. - -;
ARTICLE Nv. =
The authorised capital stock q
kh;a rNrroratinn In hArahv declare