The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-10
CHARTER OF

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,
4 Notary Public, duly commits stoned 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 Constitu-
ton 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 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, stipulations and agreements of
the articles following to-wit
Article 1.-The name and title of this cor
poration 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 period of ninety nine
(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, by.
pothecate, cucumber or mortgage property of
any kind, whether real, personal or mixed
corporeal or incOrporeal, movable or immov-
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. 1t may
| accept mortgages, pledges other debts. 1t
may contract, sue and be sued, plead or be
impleaded by its corporate name in any
court of competent juristion. 1t may make,
adopt and use 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 or altering
| the management of its property, the regu-
| lation and government of its affairs, and the
| manner of the certihcation and registration
J 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
| elgn 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 ii
generally shall possess all the powers, rights,
privileges and immunities which corporations
are and may hereafter be authorized to pos
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 other legal process shall be
| served upon the President of this corpora
| Vice President, or in the absence of both
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.
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 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 or incidental to
the producing, handling and dealing in such
commodities or any other commodities which
il NAV be desired to handle.
Section 4: To make and enter into all
kinds OF contracts, agreements and obliga-
tons 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
| feed 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 OF
necessary for the purposes of the business
Section 5: To carry on and undertake any
| business, undertaking. transaction or opera
ton commonly carried undertaken BY
merchants, commission men, factors. importers
course of such business to draw, indorse
acquire and sell all or any negotiable o.
transferable instruments and securities.
Section s: To do a general commission
merchants and selling agents business: 4
buy, sell, and otherwise dispose or, hold
own, manufacture, produce, export and i'm
port. and deal in, either as principal O.
agent. and upon commission or otherwise, al
kinds of personal property whatsoever. with
out limit as to the amount; to make anC
enter into all kinds of contracts, agreement
and obligations by or with any person o.
persons. corporation or corporations for tn,
purchasing, acquiring, manufacturing, repair
ing and selling and dealing in of any arti
eles OF personal property Of any kind o.
nature whatsoever, and generally with full