The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-03

Be It known, That on This z,74 l.,
the month ~ December, N the wear ~
thousand nine hundred and sryga.ee- one
before me, Charles R0Sea, a notary ,-,D,
duly commissioned and qua.insd, N .rIi'.e
The above Parish and State. therein 80. 3'
ing, and IN the presence Of the wi,ssa
hereinafter name and undersigned Uses
ally came and appeared, the >aye-sI s s1
sons, OF the full age o. =aj5-.ty. ~
names are hereunto subscribed w. 'HSse
clared that ayailIng themselves + the De
u this State IN such cases made ava 'SNs
vided, they do hereby form yae..serves Pc
successors and assigns. INFO -1--,.. 'asi
under the following articles and s..1s,',.aa..oa
to-wit: s''ef,
Article 1.-The name o; thi, c5roo,,.:
shall be International Milling q RI rs] rt
po7ation, Inc. Its period o. duration 20, So,,
be nlnety-nlne years fro= this dat4 SaA!
corporation shall have f1r tar purposes sag 70
the powers conferred by law ul17 IA -, al
tons, and shall generally exercise al ~
powers necessary 10 carry ~ said k,s;Le
Said corporation shall have mil r1..-ss
contract sue and be sued in us corp5r,,.
name; 10 make and use A corporate seaf Ns
and the same to break OF alter a; nIs,,. sna
TO hold, receive, purchase, rent. o. 80
wise acquire. and 10 convey. .ua-,g,ss IL
pothecate, lease, sell or pletg.. o- o.be,-,a! '
dispose Of property, real pc-s5sa! and Us; ~ise
TO issue bonds. notes. or other obri,-.:Nee;
10 have and employ such managers a.
tors, officers, agents and other eru,lo.seIS.
as the interest and convenience of q. Tvs
poratlon may require or demand IA ~
and establish such bylaws. rules sr5 axe
u!aiions for the management, and con,,oi
The business and affairs OF the c5-r,, cons. "
as may be deemed necessary or exnsJ:. a.,Oh
Article 1.-THE donicile Of IN. c,-,,...s.-
shall be in the City OF New Or,eans SS. .N.n
Of LOUISIANA; and all citation aad ali IegaI
process snal be served on the Pres;deS,
and IN his absence or disability uDo5 -
Secretary Treasurer. nc
Article III-The objects and ny-,,s., .
which this corporation is organized. and .SI
nature OF the business to be earned - tle
II, are hereby declared the buying. MILKY
and selling OF rice and by-products. and rs
buying and selling Of other articles ~ ,-N e
duce and merchandise, either or ;,s p.U
account, or as agent 81 broker. or o.be-,,;'.H
and IN connection with the above ana So
going 10 own, lease or otherwise acor:s.
and operate rice milling or other pIa,,S UT s
generally TO do all things necessary ~ zna
cidental to any OF the above and io-ego;,,-.,
purposes. es0'ng
Article IV.-The amour. o; the ,,,:..,
STOCK OF TINS corporation is hereby decl.-sI
10 be Ten Thousand $4,000 Dollars cosl
Sistlng OF one hundred QOO sba-es .. W ~
par value of 500 per share All o. ne
capital stock shall be subscribed a, N. So.
OF organization, and paid for in cash b.tal.
Inc corporation engages in business.
Inc amount TO winch the capital s,o.L
may be increased is One Hundred TbonsseS
lSIUooeU) Dollars, and any stock issued !.
the future may be issued al auy ,;11s l.
the Board OF Directors for money q, ~
eTty actually received, or labor done TO- =.
corporation according to law upon such t.
and conditions as the Board of Diree,o-s
snail deem proper.
All transfers OF stock shall be made q,
the books OF the company on the SUI, a.
OF the outstanding certificate and ou-s,sn.
TO such rules as the Board of Directors NAV
prescribe. may
No stockholder shall have the rich. - ell
or otherwise dispose OF his s,ock v;.b u.s.,
hrst offering II 10 the other stockbol5s-s
through the Board of Directors for tbi-+v
days at It's book value. for cash; and III
STOCK shall be held subject TO this provision.
and every sale, pledge, encumbrance or 9TH,
disposition OF said stock shall be made s,S
JeSL 10 TINS provision of the Charter.
Inc Board ef Directors shall have n,
power TO receive subscriptions for and "a
lS SSS an stock hereafter subscribed for; bu,
an such stock and any increase thereof must
hrst be offered TO the existing holders and
owners OF stock at the time OF such issuaycs
IN proportion 10 their respective holidays
article n-All the powers of this corpo-
ration shall be vested in and the business
and affairs of the corporation rnansVed Nv
a Board OF three Directors, who shall he
elected annually at a meeting Of the s,oek.
holders on the first Monday Of December Of
eaeh year. The first annual meeting shall
DC held on the LIST Monday OF December.
l9lS. until which time the officers and HI
rectoTs named in this Charter shall act or
until their successors are elected and quail.
ned The officers of this corporation shall
De President. Nice-President and Secretary.
treasurer; but the Board Of Directors nav
al any time elect and appoint such other
ofhcers, agents or employees as they desire
ana determine their duties; and may at any
time divide the office of Secretary Treasurer
member OF the Board of Directors.
The first Board of Directors 10 serv. .0-
me hrst year shall consist of: William B
burkenroad, 4l6 POydras Street, New Or.
sSeans. Ia; Meyer w. Feineold, 40 Poydras
40 Poydras Street, New Orleans. Ia vi;5
William Burkenroad as President. Neyer
w Meingold. as Vice President, and Moses
II. Badt as Secretary Treasurer.
AL All eleetlons shall be by ballot at the
OF two commissioners TO be appointed by The
board OF Directors Notice of such meeting,
snail be given by the Secretary in writing
ana oelyeTed to each stockholder in person
Ss. maiied to his last known address at less;
nIteen days prior TO such election; but this
notice may be waived by all the stockhold
erS.
At all such elections and a, all meetings
o. Inc stockholders, every. stoekholder shall
- ~ one wore Tor each share OF
stock standing in his name on the books Of
tne company at the date of such election
OF meeting; said votes 10 be cast in person
OF oy written proxy; and majority OF the
votes cast shall elect.
Inc failure to elect directors a. the annual
meeting shall not dissolve or affect the cor.
Poralon nor impair its management in any
respect, but the directors in Office shall re.
nam IN once until their successors are
gn.ected and qualified. Each subsequent
noatd OF Directors shall elect as soon as
possible after their own election President
sice-fresldent and Secretary Treasurer
ana such other officers as they desire, and
may grant to each officer such powers as
they deem proper
All vacancies in the Board for whatever
cause shall be filled by the remaining diree-
lots Any member of the board NAV appoint
any other director his proxy 10 act in bis
place and stead at any meeting of the
Board The Board of Directors NAV make
amend and repeal bylaws for the regulation
OF the Company subject however to such
bylaws as the stockholders may make and
not inconsistent Herewith.
Article NL-This act of incorporation may
be modified. changed or altered. or said cor.
pooration may be dissolved. with the assent
OF two-thirds of the capital stock outstanding
al meeting of the stockholders convened
tor that purpose. and after fifteen days writ.
ten notice has been delivered in person or
gwen by letter mailed TO the last knovn
address of each stockholder. The said no
tice may be waived by the unanimous con
sent of all the stockholders.
In case of the dissolution Of the corpora-
ton. its affairs shall be liquidated by tro
commissioners elected by the stockholders,
win such powers. compensations and duties
as the stockholders shall determine.
Article VII.-No stockholder shall ever Be
held liable for the faults or contracts Of tbs
corporation in any further sum than the u