The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-14
CHARTERS
CHARTER OF CONCESSION PLANTING
COMPANY, INC.

COMPANY, INC.
United States of America. State of Louis
lana, Parish of Orleans, City OF New Or
leans.
Be 1t known, that on this thirteenth da,
OF July, A. D., 1919, before me, VIM A. Bell
Notary Public, duly commissioned an,
qualified, in and for the Parish of Orleans
| State OF louisiana, aforesaid and in IN,
presence of the witnesses hereinafter namef
| and undersigned, personally came and an
peared the several persons whose names are
hereunto subscribed. who declared that they
| are OF the full age of majority, and that
| avalllng themselves of the provisions OF m,
laws OF the State of Louisiana, relative 10
| the organization of corporations, particularly
| the provisions of the Act of the Legislature
| OF louisiana being known as Act No 267
OF 1919, they do by these presents, coyenan,
and agree and bind themselves, as well As
| any and all such person or persons as NAV
become hereafter associated with them, in
oIder 10 form and constitute a Corporation
or body polite in law, for the purposes and
objects, and under the terms, conditions and
shpulations following, to-wit:
| ARTICLE 1.-The name of this CORPORATION
shall be Concession Planting Company,
! ARTICLE 1I.-This Corporation shall exis,
| and nave succession for a period of ninety
nine years from date hereof, unless sooner
iiquidated or dissolved according to law.
| ARTICLE III.-The capital stock of this
| corporation shall consist of common stock
only ana same is hereby fixed at $4,000
ana snail be divided into or represented by
i've hundred shares of par value of One Hun.
dred Dollars each. The capital stock may
be increased to 100000 under this charteT
sald increase to be represented by shares of
above provided.
<
poration shall be in the City of New Orleans
LOUISIANA. Service OF process NAV be made
upon any officer of the CORPORATION. or in
.neir absence, upon any employee thereof,
over the age OF IL years, at the place of bust
ness OF the Corporation.
=, ARTICLE V.-The object and purposes of
tins corporation are hereby declared 70 he.
10 buy, hold, own, lease or acquire and i'm
prove real estate, or all kinds of property
real, personal or mixed; and to sell, rent
mortgage and hypothecate and exchange. or
uat,r ~Se d'spose OF all property of every
planting, cultivation and sale of all kinds
OF crops and agricultural products and TO carry
on general agricultural business; TO buv
sen, barter and exchange cattle and live
STOCK, and to conduct cattle and livestock
business, in all its branches; including.
DAIRY, poultry, and general farm products
ana 10 these ends, to acquire the holdings OF
tne present owners of the plantation known
~, SoheSSsiou IIdnldtion IN the Parish of
Plaquemines, Louisiana, about II miles below
tne Clty OF New Orleans, together with ali
me growing crops thereon, and all imple
ments' live stock, mules, machinery, tractors.
sypnons and pumps, carts, gear, harness.
iced, etc, now located thereon and used on
said plantation.
ARTICLE VI.-All the corporate powers Of
this corporation shall be vested in and ex.
ercised by Board of Directors. consisting
OF tnfee stockholders of the corporation. This
Board OF Directors shall be elected annually
AT the stockholders meeting to be held on the
tniro friday IN January of each year. be-
ginning in the year 1920. These Directors
shall Immediately elect from their number a
PRESIDENT, Vice-President and Secretary.
treasurer Directors and officers shall hold
ing their election, and until their successors
are elected and qualified. If no Annual
meeting is held IN any year, the incumbent
directors and officers shall hold over until
such a meeting is held by order of the Presi-
dent, or at the instance of holders and
owners of more than fifty per cent of the out. |
standing stock. Ten Q0) days notice to all |
stockholders, at their last known address, is |
required for all meetings of stockholders. Va |
cancies in the Board of Directors shall be |
filled for the unexpired term by the remain
ing Directors the Board. Directors NAV
be represented and vote at any meeting by |
written proxy given in favor of any other
Directors on the Board. Stockholders NAV
proxy. AT all stockholders meetings the
vote of a majority of outstanding stock shall
prevail, except where otherwise required by
aw.
ARTICLE VII.-Until the annual meeting
Ind election in January, 1920, or until their
successors shall have been elected and quail
led the Board of Directors and Officers of
his corporation shall be: Alfred o. Hero,
President; Roland Russell, Vice President;
md George A Hero, Secretary Treasurer.
ARTICLE VIII-No stock of this corpora
ion shall ever be sold, transferred or assign
d by any stakeholder without first offering
iad stock to the corporation, with option to
'ame to purchase such stock for cash at the
book value thereof, after thirty days written
notice to the Corporation. No sale other
ransfer or assignment of stock in this cot
,oration shall be valid until and unless OPP
to purchase such stock has first
been given in the manner hereinabove pro-
Tided 10 this corporation.
ARTICLE IX-This corporation shall be
5000 of it's capital stock, figured at par
'alue shall have been subscribed for and
aid.
ARTICLE X.-The incorporators of this cor
'oration have hereto annexed an accurate
detailed and itemized description of certain
property formerly owned by Alfred o. Hero,
,harles o. w. Halsey, Spencer Turner and
Roland Russell, which is to be conveyed to
he corporation in payment of their respective
inscriptions indicated to the Capital
took, showing the amount. location, extent
haracter and value of said property as ap- !
raised by the Directors of this corporation, &
nd in order that this charter may serve also I
S the original subscription list, the sub
cribers hereto have indicated opposite their ]
espective signatures the number of shares
stock subscribed for by each of them 1
ARTICLE XI.-This corporation shall be
quidated by three 60 liquidators elected at . .
meeting of stockholders held for the pur- :
ose and called and held according to exist !.
lg law, which meeting shall fix the terms :
nd conditions of such liquidation.
ARTICLE XIL-This corporation may be t
lssoived in accordance with the provisions c
Act No. 267 of the Legislature of 1914 and | @