The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-21
CHARTER OF CONCESSION PLANTING
COMPANY, INC.

United States OF America. State Of Louis
lana, Parish Of Orleans, City OF New Or
leans.
Bc it known, that on this thirtieth day
Of July. \. d., 1919, before me, VIM. \. Bell,
a Notary Public, duly commissioned and
qualified, in and for the Parish OF Orleans,
State OF Louisiana, aforesaid. and in the
presence Of the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several persons whose names are
hereunto subscribed, who declared that they
are Of the full age OF majority. and that
avalIng themselves OF the provisions Of the
laws OF the State OF Louisiana, relative to
the organization OF corporations. particularly
the provisions OF the Act Of the Lcgis stature
Of Louisiana being known as Act No 2o7,
Of 1914, they do by these presents, covenant
and agree and bind themselves, as we'll as
any and all such person or persons may
become hereafter associated with them. in
order to form and constitute a Cooperation
or body polite in law, for the purposes and
objects, and under the terms, conditions and
stipulations following, to-wit:
ARTICLE 1.-The name OF this corporation
shall be Concession Planting Company,
Inc"
ARTICLE IL-This Corporation shall exist
and have succession for a period OF ninety
nine years from date hereof, unless sooner
lquidated or dissolved according to law.
ARTICLE III.-The capital stock of th
only, and same is hereby fixed at S5O,0OO
and shall be divided into or represented by
five hundred shares OF par value OF One Hun
dred Dollars each The capital stock may
be increased 10 $5OOO00OO under this charter
said increase to be represented by shares OF
stock of the same par value as those just
above provided.
ARTICLE IV.-The domicile Of this cor.
poration shall be in the City of New Orleans
Louisiana. Service OF process may be made
upon any officer OF the Corporation, or in
their absence, upon any employee thereof
over the age OF Is years, at the place OF bust
ness of the Corporation.
ARTICLE V-The object and purposes OF
this corporation hereby declared 10 be
To buy, hold, own, lease or acquire and i'm
prove real estate, or all kinds of property
real, personal mixed; and to sell. rent
mortgage and hypothecate and exchange, OF
otherwise dispose of all property OF every
nature and kind; and to engage in the
planting, cultivation and sale of all kind,
OF crops and agricultural products and to carry
on general agricultural business; to buy
sell, 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
and to these ends, to acquire the holdings o
the present owners of the plantation knowr
as Concession Plantation" in the Parish o
Plaquemlnes, Louisiana, about y miles below
the City of New Orleans, together with al
the growing crops thereon, and all nipple
ments, live stock, mules, machinery, tractors
syphons and pumps, carts, gear, harness
feed, etc, now located thereon and used OF
said plantation.
ARTICLE VIAL the corporate powers o
this corporation shall be vested in and ex
ercised by a Board of Directors, consisting
of three stockholders of the corporation. Th
Board of Directors shall be elected ANNUALLY
at TIE stockholders meeting to be held on tn
htrI ErfA Of he
| ginning in the year 1920 These Director
| shall Immediately elect from their number
President, a Nice-Presdent and a Secretary
| Treasurer. Directors and officers shall holt
| ing their election, and until their successor
| are elected and qualified. Ii no Annua
| meeting is held in any year. the incumben
| directors and officers shall hold unit
| such a meeting is held by order Of the Presi
| dent, at the instance OF holders an,
owners of more than fifty per cent of the out
| standing stock. Ten 90 days notice TO al
| stockholders, at their last known address. /
| required for all meetings OF stockholders. Va
cancies in the Board of Directors shall b
| filled for the unexpired term by the remain
| ing Directors on the Board. Directors ma
| be represented and vote at any meeting b.
written proxy given in favor of any othe
| Directors on the Board. Stockholders ma
vote at all meetings in person or by write
! proxy. At all stockholders meetings, tn
vote of a majority of outstanding stock shall
| prevail, except where otherwise required b
| law.
| ARTICLE VII.-Until the annual meetin
and election in January. 1920, or until thel
successors shall have been elected and quail
fled the Board of Directors and OFFICERS {
this corporation shall be: Alfred .. Her,
| President; Roland Russell, Vice President
and George A. Hero, Secretary Treasurer
ARTICLE VIII-No stock of this corpor;
l.. eli sfa cd
ed by any stakeholder without first otterin
said stock to the corporation, with option I
same 10 purchase such stock tor cash at II
book value thereof, after thirty days write
notice to the Corporation: No sale or oth'
transfer or assignment OF stock in this CO
poration shall be valid until and unless o
portunity to purchase such stock has fir
been given in the manner hereinabove pr
yided TO this corporation.
ARTICLE IX.-Tms corporation shall
, considered a going concern as soon as y;
[ 10000 of its capital stock. figured at p
value shall have been subscribed for al
paid.
4 ARTICLE X.-The incorporators Of this &C
poration have hereto annexed an accura
property formerly owned by Alfred Q. Her
Charles O. W. Halsey, Spencer Turner al
Roland Russell, which is TO be conveyed
the corporation in payment Of their respect
subscriptions as INDICATED 10 inc NdPI'
J stock, showing the amount, location. exte
character and value of said property as a
praised by the Directors OF this cOrporatlo
l and in order that this charter may serve a.
as the original subscription list, the su
[ scribers hereto have indicated opposite the
( respective signatures the number of shar
\ of stock subscribed for by each OF them.
Ri ARTICLE XI.-This corporation shall
K liQuidated by three 90 liquidators elected
K meeting of stockholders held for the pr
\ pose and called and held according to ext:
\ ing law, which meeting shall fix the teri
y and conditions of such liquidation.
nj ARTICLE XII.-This corporation may
N dissolved in accordance with the provisio
Il az A. NJ 81 thn I Of 1911