The herald., 1919-09-25
CHARTER OF KING BROWN AND
CO., INC.

United States of America, State of
Louisiana. Parish of Orleans Be it known
that on this 9Th day of the month of
September, in the year of our Lord one
thousand nine hundred and nineteen
1919). and of the Independence of the
United States of America the one hun
dred and forty-fOurth. before me. Watts
X. Lcverich, Notary Public. duly
commissioned and qualified in and for
the Parish of Orleans State of Louisi-
ana, therein residing, and in the pres
ence of the witnesses hereinafter named
and undersigned, personally came and APP
peared the several persOnS whose names
are hereunto subscribed, who declared
that awaiting themselves of the laws of
this State relative to he organization of
corporations, they have cOvenanted and
agreed, and do. by these present coven-
ant, agree bind form and constitute them
selves, as well as such persons as may
hereafter join or become associated with
them, into corporation or body polite
in law, for the objects and purposes and
under the agreements and Stipulations
following, tOwit.
ARTICLE 1.-THE name and title of
this corporation shall be King Brown &
Co, Inc, and under its corporate name
1t shall enjoy succession for the full term
and period of ninety-nine years from
and after the date hereof and shall have
power and authority to contract sue and
cages, pledges or other hypothecatiOns
to make and use corporate seal and
the same to break and alter at pleasure;
to purchase. receive, lease, hold or other
wise Acquire and convey, as well as
mortgage and hypothecate under its
corporate name, property both real and
personal and mixed; to borrow money
and make and issue bonds and other
evidences of debt. and to secure the
same by mortgage and otherwise; to hold
stock in other corporations; to acquire
hold and reissue shares of its capitai
name and appoint such managers and
stock; to carry out all of the objects
and purposes hereinafter set out 20
directors, officers and agents. as the in
terest and convenience of said corpora
tons may require; and to make and cs-
tabllSh, as well as alter and amend mt
pleasure. such bylaws. rules and regula-
tons for the management and regulation
OF the affairs of the corporation as NAV
De necessary, proper or convenient; and
generally to do all such acts and things
as general trading corporations are
authorized to do under the laws of the
State of Louisiana.
ARTICLE 1.-THE domicile of this cor
poratiOn shall be in the Parish of Or
leans, State of louisiana and all cita-
tons or other legal process shall be serv-
ed upon the President of the Company or
In his absence, upon the Vice President
vi, III tHe dDStHCe OF DOtn the president
and Vice president, upon the Secretary
Treasurer.
ARTICLE III.-The objects and pur-
poses for which this corporation is or
ganized and the nature of the business
to be carried on by it are hereby de-
clared to be: To engage in the business
of buying and selling cotton for export
and domestic purposes, for it's own ac-
count and as agents for others, on any
and all terms and conditions, to make
advances upon cotton; to acquire and
hold, sell lease, cucumber or dispose of
stocks and bonds of other companies: to
hold stock in other companies; to ex-
change its entire capital stock or any part
thereof for property or to exchange
its entire assets and business, or
any part thereof. for property, stocks,
bonds or other obligations of other com
panies; to deal in agricultural cOmmodi-
ties of all kinds and to buy, sell. store,
ship, forward, pledge. receive on cOnsign-
ment, make advances on and handle all
such commodities; and generally to do
any and all such acts and things as shall
be necessary, proper or convenient for the
accomplishment of the foregoing object
and purposes.
ARTICLE Iv.-The capital stock of this
corporation is hereby fixed at One Hun
dred Thousand Dollars (S10O,OOO), divided
into one thousand $1,000 shares of the par
values of One Hundred Dollars (S10O) per
share. The amount of said stock may be