The herald., 1919-05-01
CHARTER OF FARM AND INDUSTRIAL
IMPLEMENT CO. INC

United States of America, state of Louis
lana, City of New Orleans. Be it known,
that this twentieth GOTH day of the
month of March, in the year of our Lord, one
thousand nine hundred and nineteen Q9l9,
before me, Charles ]. Rivet, a Notary Public
duly conmi ssioned and qualified in and
for the Parish of Orleans, State of Louis
lana, and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared the several persons
whose hereunto subscribed, who
declared, that availing themselves of the
provisions of the laws on the State of Louis
lana relative to the formation of corpora
tons and more particularly of Act 267 OF
the General Assembly of the State of Louis
lana in the year 1914, they have covenanted
and agreed, and do by these presents cove
nant, agree and bind themselves, as we'll
such other persons as may hereafter be-
come associated with them, to constitute and
form corporation and body polite in law,
for the objects and purposes and under the
terms, articles and stipulations following, to-
wit:
ARTICLE 1.-The name and title of this
corporation shall be Farm and Industrial
Implement Co., Inc, ana ny that corporate
name il shall have and enjoy succession for
period of ninety nine (o9) years, and shall
have all the authorities generally vested in
corporations under the law, and, more par
ticularly it shall be authorized to contract;
sue and be sued; to make and use cor
porate seal; to make and issue bonds and
notes; to borrow and lend money; to &C
quire property by grant, gift, purchase, devise
or bequest; to sell, mortgage, pledge, lease
and transfer property in any of its forms;
to employ agents, clerks, superintendent
and other employees as the interest OF the
company may require; to make bylaws,
rules and regulations for the management OF
its affairs; and to possess all the powers
granted and intended to be granted to cor
porations in general and in order to carry
out the objects and purposes of its organi-
zation.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City Of New. Or
leans Parish of Orleans, State of Louisiana,
and all citations or other legal process shall
be served upon its President, or in his abb
sence upon its Vice-President
ARTICLE III.-The objects and purposes
for which this corporation is formed and the
nature of the business to be carried on by
it are hereby declared to be: To buy, sell,
lease, mortgage. store, repair, manufacture,
and otherwise deal in tractors, trucks, motor
vehicles, farm implements Of all descriptions
and their parts, equipments, accessories and
appurtenances; to operate garages; to buy
and sell gasoline, kerosene, and all kinds
of oils. greases and the like. To engage in
any business capable of being conveniently
carried on in connection with the foregoing
or calculated. directly indirectly, to en-
nance the value or render more profitable
any of the property or rights and interests
o fthis corporation. And generally, to do
any and all things appertaining to, growing
out of, or in any way related to the nature
of the aforesaid objects and purposes.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
Fifty Thousand Dollars (ss0,0O000), divided
into and represented by five thousand 5000
shares of the par value of ten dollars $1,000
each. OF said five thousand shares, twenty
five hundred shares amounting TO twenty
five thousand dollars (S25O00.OO shall be
preferred stock; and the other twenty-five
hundred shares amounting to twenty-five
thousand dollars (s2s.OO00O) shall be COM
mon stock. The holders of the preferred
stock shall be entitled to receive, when and