The herald., 1918-02-21
OF CRESCENT CITY, MOSS
INCORPORATED.

INCORPORATED.
i United States of America, State of Louis
} ana, Parish of Orleans, City of Ne
II Orleans.
Be it known. That on this fifteenth da
Of the month of January, in the year of on
Lord one thousand nine hundred and eighteen
and of the Independence of the Unite
States Of America. the one hundred and forty
second, before me, Frederic Charles Mar,
Notary Public, duly commissioned an
qualified, in and for the Parish of Orlean.
State of Louisiana, and in the presence o
the witnesses, hereinafter named and TN
dersigned, personally came and appeared:
| The several persons whose names here
unto subscribed, all residents of the City o
| New Orleans, State of Louisiana, and o
the full age Of majority, who severally de
clare, that availing themselves of the pro
| visions Of the laws and Constitution of thi
| State, relative to the organization of corpo
! rations, they have covenanted and agreet
! and by these presents, contract, agree anC
| bind and obhgate themselves, as well a.
| such persons as may hereinafter become as
ISOLATED with them, to form and constitut,
body polite in law, for the objects anC
purposes and under the agreements and slip
ulations herein following, which they adop
| as their charter, t0-wit:
| Article 1.-The name and title of this cor
| poration is hereby declared TO be Crescent
| City Moss Gnnery, Incorporated, and shall
| have corporate existence for the period oil
ninety-nine (9o) years from the date hereof
OF the business TO be carried on by il, all
the powers conferred by law on similar cor.
porations, including the power TO make and
use corporate seal and the same TO break
or alter at pleasure; to contract, sue and
be sued in its corporate name; to hold
vey, mortgage, hypothecate, pledge, or 9TH
vey, mortgage, hypothecate, pledge, or 9TH
erwise cucumber property, both real and per.
sonal; to issue bonds, notes other obliga.
tons, for the purpose of borrowing money,
and to secure same by mortgage or other
wise, to name and appoint such officers, man.
ayers, directors, agent and other employees
as the interest of the said corporation may
require, and TO establish such bylaws, rules
and regulations as may be necessary and
proper, and the same to alter, amend or
abolish at pleasure, and generally TO do and
perform all such acts and proper to carry
out and execute the purposes OF this cor
Article 1.-THE domicile of this corpora
ton shall be in the City of New Orleans,
State of Louisiana, but il may establish and
operate Offices and agencies wherever il may
deem advisable. All citation or other legal
process shall be served on the President and
Treasurer of this corporation, or in the event
OF his absence or inability to act upon the
Vice-President.
Article III-The objects and purposes for
which this corporation is organized and the
nature of the business to be carried on by
it are hereby declared to be: To gin, buy,
sell, export, clean and generally to deal in
acquire, construct, maintain and operate fac
tories, mills and ginneries, in this State and
elsewhere, as may be necessary, convenient
or deemed proper for the prosecution Of its
business, and generally to do any and all
things which may be necessary or incidental
to the conduct of the business herein con-
templated.
Article Iv.-The Capital stock of this cor
poration is hereby fixed at the sum Of seventy
thousand dollars 0,OO00O) divided into and
rem ~ ghare
OF stock of the par value of One Hundred
Dollars $4,000 each. Said stock shall be
paid for in cash at such time, in such
amounts and after such notice to the sub.
scribers as may be fixed by the Board of
Directors, and the same may be issued at
not less than par for labor done or property
actually received by the corporation. Said
stock shall be fully paid and non-assesssble
stock shall be binding upon this corporation
unless made in accordance with the charter
and bylaws and recorded on the stock trans
fer books of the company.
No stakeholder of this corporation shall
sell his stock to any person, until he has
first offered the same to the then stock
holders of the corporation at its then book
value, and the said stockholders shall have
the right to accept or reject said offer within
FIVE days after the same has been made in
writing and filed with the Secretary of the
This corporation shall be a going concern
as soon as Forty-fve Thousand Dollars of
the capital stock has been subscribed for.
The capital stock of this corporation may |
be increased or diminished in accordance with |
the laws of the State of Louisiana, in such |
cases made and provided.
The amount to which the capital stock of |
his corporation may be increased is hereby |
liked at Two Hundred Thousand Dollars,
$4,000 OO).
Article Vail the powers of this corpo-
-att hal he cd IN, md al hxrl
Board of Four Directors, each of whom
shall own at least share of the capital
stock of this corporation, and three directors
shall constitute quorum
The said directors shall be elected by bal
OF at the annual meeting of the shareholders,
Inder the supervision of two commissioners,
appointed by the Board of Directors, which
Meeting shall be held on the Third Monday
# January of each year, after due notice
yiven to the stockholders by the Secretary
late of such election. At all meetings of
he shareholders each shareholder shall be
untitled to cast one vote, in person or by
roxy, on each share of stock held by him,
nut no persons shall vote and stock trans
erred within ten days Of the holding of said
Meeting At all elections it shall require
majority of the votes cast to elect. At
my meeting of the Board of Directors, any
lirector absent from said meeting may be
by another director, who may
II matters coming before the meeting. The
board of Directors shall have the power TO
ease, sell, mortgage or pledge any and all
{ the property, movable and inlmovable, be-
onging to the corporations, without refer
nee to the shareholders for power to do so,
nd they may also purchase for cash or on
redit, property of any kind required for
ny of the purposes of this corporation, with
ut authority from the shareholders. The
'oard of Directors shall have the power TO
'sue or confer general or special power on
ne President and Treasurer to issue prom
'sory notes and other negotiable paper 1t
hall require the vote of a majority OF the
directors to transact any business, or pass
ny resolution orr motion. |;
Until the next general meeting to be held
nder this charter, viz: on the Third Monday
January, 1919, the Board of Directors of
lis Company shall be composed Of Noise
evy, Jr., 1920 St. Charles Ave, New Orleans,
a., Nathan S. Stern, 1705 Berlin Street,
ew Orleans, La, Walter E. Levy, 1920 St.
harles Ave, New Orleans, La, and Jake ,
Stern, Canal and Royal Streets, New
rleans, La, with Noise Levy, Jr Pres
lent and Treasurer, Nathan S. Stern, Vice
resident, and L. P. Delahoussaye, Secre-
Try.
The Officers of this corporation shall be j
President and Treasurer and Vice-Pres-
lent and Secretary. The Secretary need ;
,t be a shareholder or director. The Board
Directors shall have full power and au-
Iority to fill all vacancies occurring in the |
imber. All officers and directors of this &