The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-09
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
Q919). and of the Independence of the
United States of America the one hun
dred and forty fourth, before me, Watts
X. Leverich, 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 ap-
peared the several persons whose names
are hereunto subscribed, who declared
that availing 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 a corporation or body polite
in law, for the objects and purposes and
under the agreements and stipulations
following, tO-wit.
ARTICLE 1.-The name and title of
this corporation shall be King Brown &
Co., Inc, and under it's 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
De Sueu 10 accept ana receive, mort
cages, pledges or other hypothecatious
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
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: 10
directors, officers and agents, as the in
terest and convenience of said CORPORA
lions may require; and to make and es-
tablish, as well as alter and amend at
pleasure, such bylaws, rules and regula-
lions for the management and regulation
OF the affairs of the corporation as NAV
be 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 eta
lions or other legal process shall be sery-
ed upon the President of the Company, or
in his absence, upon the ce-President,
or, In the absence of both 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 its 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 ($100OOO, divided
into one thousand 0,000) shares Of the par
values of One Hundred Dollars (S10O) per
share. The amount of said stock may be