The herald., 1918-01-24
CHARTER OE
TERMINAL GRAIN COMPANY, INC.

|
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 G. Bloch
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 are hereunto subscribed, who sever
ally declared that availing themselves of
| the benefits and provisions of the Consttu-
| tion of the State of Louisiana and of the
laws OF said State relative to the organiza-
! 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 obli-
gate themselves TO form and organize them
| selves, as well as all such other persons who
| may hereafter join become associated with
| them or their successors into a stock corpo-
jects and purposes and under the conditions,
covenants, stipulations and agreements of
| the articles following to-wit:
Article 1.-The name and title of this cor
poratlon shall be Terminal Grain Company
| lnc.," 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 whine
| (99) years from and after the date of this
act. 1t may have, hold, receive, borrow,
loan, exchange, acquire by grant, gift or
purchase, devise or bequest, sell, ALLEVIATE,
dispose OF, convey, lease, pledge, pawn, hy-
pothecate, cucumber or mortgage properly of
any kind, whether real, personal or mixed.
corporeal or incorporeal, movable or immoy.
| able, all subject to such limitations as NAV
be prescribed by law.
1t may make, issue and endorse bonds or
notes and other evidences of debt. Ii NAV
accept mortgages, pledges or other debts. 1t
may contract, sue and be sued, plead Or be
implicated by its corporate name in 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 NAV
be issued for capital stock in other corpo-
rations. 1t may name, appoint and employ
sueh 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 or altering
the management OF its property, the regu,
lation and government of its affairs, and the
manner OF the certifcation and registration
Of its stock. 1t may wind up and dissolve
itself, or be wound up and dissolved in the
manner prescribed by law. II NAV conduct
bushes business in this State, other. States, the
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
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 corporations
are and may hereafter be authorized TO DOS.
sess under the Constitution and laws of this
State particularly under Act No. 267 of the
Acts of the General Assembly of the State
OF louisiana for the year 1914.
Article 1.-The domicile 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
Vice President, or in the absence of both
OF these officers, upon the Secretary of this
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 i: To act as agent or representative
OF corporations. firms and individuals
Section 2: To do a general business as
commission merchant, selling agent and fac
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 10 class
OF products and merchandise, but especially
OF cotton, corn, hay, oats and feed stuff and
gram OF every class and description, and 70
produce, adapt, prepare, buy, sell and other
wise deal in any materials. articles or things
required in connection with or incidental TO
the producing, handling and dealing in such
commodities or any other commodities which
IT may be desired to handle
.Seetlon ': To make and enter into all
kinds of contracts, agreements and obliea.
uons by or with any person or 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
iced stuff and grain of every class and de-
scription, and any article of personal prop
erty whatsoever, and generally with full
power to perform any and all acts connected
Herewith or arising therefrom, or incidental
thereto. and any and all acts proper or
necessary for the purposes of the business
Section 5: To carry on and undertake any
business, undertaking. transaction or opera.
ton commonly carried on or undertaken by
merchants, commission men. factors importers
ana 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; 70
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. ali
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. reoair-
ing and selling and dealing in of any arti.
eies OF personal property of any kind or
nature whatsoever. and generally with full