The herald., 1919-10-02
CHARTER

shall have and enjoy succession for the
term of ninety nine years from the date
hereof; and shall possess each and every
power, capacity, privilege or immunity
whatsoever, now or hereafter granted by
law to trading or commercial corporations,
ARTICLE I.-This Corporation shall be
domiciled in the City of New orleans,
Louisiana: and the President, ana IN MS
absence the Secretary Treasurer, are des-
jrnated as the officers upon whom cita-
ton. or other legal process can be served
ARTICLE II.-The objects and pur-
poses of this Corporation and the nature
of the business to be carried on by 1t, are
hereby declared to be:
% To conduct general planting ana
manufacturing business.
(2) To purchase, own operate, lease
acquire. cultivate, develop farms, farm
grazing lands, and all other kinds OF
real property. and all rights and interests
therein;
go To buy. sell. cultivate, grow, rice
COTTON. sugar-cane vegetables, fruit, and
all food. farm or plantation products what
soever;
al 70 breed raise, buy, sell import, eX-
port, or otherwise deal in. mules. horses
hogs. sheep, cattle, live stock of all classes
and descriptions;
On And generally, for the purpose of
attaining or furthering any of the OBJ
iects and purposes above enumerated ana
all other objects and purposes thereWlth
connected or incidental thereto, to do any
and all other acts and things when CO
partnership or natural person couid 40
and which now or hereafter may be au-
thoriZed by law.
ARTICLE IV.-The Capital stock of this
~ IL
sand Dollars (Sl5.O00.00), divided into one
hundred and fifty shares, of common
stock of the par value of one hundred
dollars CSlO0.O0D each. As hereinafter set
forth, by virtue of the value OF the pro
Dertv transferred to it by the present
incOrpOratOrs in payment of their STOCK
INSCRIPTIONS, this Corporation begins bust
ness with its Capital Stock of Fifteen
Thousand Dollars ($l5,000.0O) fully paid
up.
ARTICLE V.-All the powers of this
CORPORATION shall be vested in, and be eN-
ercised by. n Board of Directors to be com
posed at the present time OF three Slock-
holders who shall be elected at Il STOCK
holders meeting to be held for that pur-
nose annually, on the Third TUESDAY Oh
December, at the dOmicile of the Corpora
ton. At its first meeting following cleo
tion the Directors shall elect from their
own number, for the term of one year
a President a NiCe-PreSldent ana Secre-
tary- Treasurer, who shall remain in Office
until their successors have been duly
elected and qualified, and who shall per
form such duties as are assigned to them
respectively, by the Directors and as may
be prescribed by the Bylaws, Rules and
Regulations to be adopted by the boaru
of Directors, for the operation of this Cor
| pOratlOn.
ARTICLE VI-The appearerS here de-
clared that they have subscribed reSptc-
lively, to the following number OF SHARES
of the Capital stock of this Corporation
TO wit: Mr.. NJ Michaelis, New Orleans
La. one hundred and forty-three shares
Mr. \. II. Johness, Jefferson ParlSh
Louisiana, four shares; Mr.. Robert D. SCI.
lers, ANA. st. Charles Parish, La, three
shares, The said subscription of the sald
NJ NichapliS to one hundred and forty
three shares of the Capital Stock of this
CORPORATION has been fully PAD Tor ana
settled by the said VI. Mlchaells d! Iht
sale of all his rigAts, title and Interest
whatsoever. i'll and to all the movable ana
other property recently purchased by MN
and now on Alice Plantation IN the Far,
iSh of ST Charles. Louisiana; detailed ana
itemized statement and description OF sald
property, being hereto annexed, ana tht
said property having been appraised al
the sum of S14 10000 by the Board of Dl-
rectors of the present Corporation, as set
forth in said annexed statement.
ARTICLE VII.-The First Board of Di-
rectors of this Corporation shall be com
posed of NJ. Michaelis, New Orleans; a
II. Johness jefferson Parish, Louisiana,
and r. J. Sellers, ANA, St Charles Par
ish Louisiana; with Mr.. NJ. Michaells as
President. MIR. X. j. Sellers, as Nice-P
ident and Mr.. \. ii. Johness, as Secre-
tary Treasurer and these directors shall
serve until the Third Tuesday of Deem
Der 1920, (when the first election OF d.
rcctors. under this Charter, shall be heidi
or until their successors have been duly
elected and have qualified. Any vacancy
occurring for any reason in the officers and
directors of this Corporation, shall be
filled by the remaining members of the
Board.
| Done and Passed, in my office, at New
Orleans, the day, month and year first
above written, in presence of Miss Marie
G. Alpuente and Oliver c. Blanchard
competent witnesses, who have signed
with the parties and me, notary, after due
reading. And, I'M order that the present
act of incorporation may serve as the orr
ginal stock subscription list, the incorpo
rators have placed, opposite their sigma
lures, the number of shares, in this Cor
poration, subscribed for by them, respec