The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-12
CHARTERS.
ACT OF INCORPORATION OF
EvAN-BELLE COMPANY, INC.
State of Louisiana, Parish of Orleans, Cit
of New Orleans

State of Louisiana, Parish of Orleans, City
of New Orleans.
| Be it known, That, on this, the 18th, day of
the month of August, in the year of our
Lord one thousand, nine hundred and egh.
teen, and of the Independence of the United
States of America the one hundred and
| forty third,
Before me, Charles F. Fletchinger, No
tary Public, duly commissioned and quail
fled in and for the City of New Orleans,
| Parish OF Orleans. State Of Louisiana, there
| in residing, and in the presence of the wit
| nesses hereinafter named and undersigned,
Personally came and appeared the several
persons whose names are hereunto sub
| scribed, all OF lawful age and all residents Of
! the City of New Orleans, State of Louisiana,
| and, availing themselves OF the laws of the
| State OF Louisiana and particularly of Act
| 267 Of the General Assembly of the State
| OF Louisiana, for the year 1914, relative to
| the organization of corporations, state That
/ they have cOvenanted and agreed and do
| hereby covenant and agree to form them
| selves. as well as such persons who may
| have become associated with them or sue
| coed them, into a corporation, for the OBJ
| Jects and purposes and under the following
| Articles. tO-wlt:
! ARTICLE 1.-The name of this corpora
| ton shall be "Evan-Belle Company, Inc d"
and by said corporate it shall have
| succession and enjoy existence for a period
OF ninety nine years, unless sooner dissolved
in the manner provided by law, and under
|
authority to contract, and be sued, to
make and use a corporate seal the same 10
alter or break at pleasure, to make all nee
essary rules and regulations for its corpo,
have ard enjoy all the rights, privileges and
| immun-tes which now conferred upon
or may Hereafter be granted TO corporations
OF tie same kinl and character.
ARTICLE 1.-THE domicile of this col.
poration shall be in the city of New Orleans
State OF Louisiana.
| 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
| own, lease, buy and sell lands and real
estate and to hold, improve and mortgage
| the same; to improve lands for general OF
! special purposes; to acquire and operate plan.
| tdtions, factories and refineries and to sell
and lease the same; to purchase, sell. con,
| struct, lease and operate saw mills, grain
elevators, canning factories and warehouses
and to operate switch tracks, railroads, barge
and boat lines in connection Herewith; to pur.
chase, sell, manufacture, produce, refine, pre-.
pare, import, export and, generally. to deal
IN sugar, sugar cane, molasses, syrups and all
products or by-products thereof; and to deal
IN all food products generally; to plant, cul-
! tvate, produce and raise sugar cane, corn
oats, rice and other food crops; to purchase
sell, breed and deal in cattle and live stock
OF all kinds; to conduct a general mercantile
business, wholesale and retail, in the State
OF Louisiana, or elsewhere; to engage in the
business of public warehouseman; to draw
| make, indOrse bills Of exchange promissory
notes and to issue bonds to SELL assign
! transfer, mortgage, pledge or otherwise dis.
pose OF bonds, securities OF shares of capital
stock IN other corporations; to own stock
IN other corporations. to vote the same and
generally. to do any and all things inciden-
tai or germane to any of the objects and
purposes above specified.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum OF
eight hundred and twenty-five thousand
lSS25 10000 Dollars, divided into twenty two
One Hundred $500 Dollars each, which shall
be First Preferred Stock; five thousand
| lSOOO) shares OF the par value of One hun
dred (Sl0O) Dollars each, which shall be Sec
ond Preferred Stock, and one thousand QOOO
shares of the par value of One hundred
$500 dollars each, which shall be Common
Stock.
The First Preferred Stock shall be entitled
to preferred dividends at the rate of six Go
per cent. per annum on the par value thereof
TO be paid annually, the said dividends L
be payable out of the net profits which may
be realized by the corporation, and the sale
dividends shall be cumulative.
The Second Preferred Stock shall be en-
titled to preferred dividends at the rate o
fve (Sl per cent per annum the pa
value thereof, to be paid annually, the sal,
dividends to be payable out of the net pro
fits which may be realized by the corpora
tion. and the said dividends shall be cumu
lative.
The net ANIMAL profits realized by the cor
poration and above the amount whicl
may be required to pay. during each year
the dividends due the first and secon,
preferred stock. as above provided. and afte
the payment OF fixed charges and operatin
expenses shall be applied on the first day o
. February of each year, beginning in 1919 I
the redemption of the shares Of second pre-
, terred stock. at par, until the first day o
February; 1925, when, after the payment o
he a fhAW dc
| ferred stock and the payment of all fixe
charges and operating expenses, the net an
nual profits shall be applied, first. to tn
redemption or retirement of the first pre-
terred stock, and thereafter to the redemp
ton and retirement of the second pre-
ferred stock, above provided, until the sal
outstanding first and second preferred share
/ shall be redeemed or retired down to twenty
{ five hundred $500 shares of the aggregat
par value of two hundred and fifty .thousan
(S250,OO0 Dollars, after which dividends ma
be- declared on the common stock.
The entire issue of the shares of FRS
Preferred Stock shall be redeemed or retire,
on or before February |, 1925
The shares of the Second Preferred Stock
TO be redeemed or retired as above provided
shall be determined by lot under regulation
shall be redeemed retired in not less thai
the following amounts and on the following
dates. to-wit:
1919. February 1st, $1,000; 1920. Februar,
! February LIST, $1,000; 1928 February LIST. $40
600; 1924. February 1st, $4,000; 1925, Febrti
airy lst: $4,000; 1926, February lat, $4,000
1927. February lst, $4,000; 1923, February Isl
, $4,000. 1929, February LIST, $4,000; 1880. Feb
ruary LIST, $4,000; 1881, February LIST, $4,000
1882 February LIST, $4,000; 1888. February Isl
> $4,000.
> No dividend shall be declared on the com
. mon stock of the corporation unless and unit
all of the First and Second Preferred Stoc
shall have been redeemed or retired dow
TO twenty-five hundred $500 shares and al
of the cumulative dividends thereon paid
As and when the shares of First and Sec
ond Preferred Stock shall be redeemed o
retired, above provided, such redeeme
r or retired shares shall be deposited with tn
: Hibernia Bank and Trust Company, of Ne,
{ Orleans, as Trustee, for the EvanLBell
Company, Inc, TO be cancelled or held i
l escrow until the whole issue if said share
( of said First and Second Preferred Stoc
shall be redeemed retired, whereupon tn
: said shares of first and second preferre
E stock shall be delivered by the said Hiberni
5 Bank & Trust Co. Trustee, to EvanlBell
4 Company, Inc, to be cancelled or converte
o into treasury common stock, and new certif
: Gates issued therefor, accordingly, to be n
S sold or distributed among the owners of tn
common stock, according to their respectiv
: holdings.
II All shares of First and Second Preferre
a Stock redeemed and deposited in escrow wit
the Hibernia Bank & Trust Co.. Trustee, a
: above provided, shall be subscribed to a
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