The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-15
CHARTER.
or FARM AND INPUSIKfAh
<spfER " rMENT CO., INC.

<LrfsR, xgpLEMENT Co. M ~ 1ouis.
urof America, state OF LOUIS
e.;,sd States New Orleans. BE II SnoW sbs
CITY Of E,wsntieth (2othl day OF tne
% this In the year OF our LoiI l;o U1Ie
"a q MAJ hundred and niHeteen H RgiI,'
ss.,ad n nlgs.,ies ]. Riyet' N >,I 1 ond
s<rs &c, ..;oned and quSe.ll,eu ,,,;s-
~ 's1Sar;.h Of Orleans : ~ a,,e witnesses
= be the presence OF ..-o neTson-
= sno - r,ned and unde's ,..n aTI' 6eTsons
ead'iie and appeared me Inscribed, who
4, esns are hereuh.3 ,,scI,,es az The
~ Rat availing . .hs So Of Louis
,s,ns Of Ine the formation Of corpora,
Y rlstlFe " oarticularly OF Act ZoI Oh
aDd mcis.nblv of the STATE Oh LOUIS,
6eneral A ass 1914, they have covenanteu
= 10 me "a do by these presents coEI cove,
n greed, I'd bind themselves as wen
= sgee ns,sops as may hereafter De
rch otnei w,;th them, 10 constitute ana
"a sssoeiaIea, and body poiitle IN Jaw,
CORPORA md purposes ard under the
q AZ objects "a stipulations following, to-
IT.. name and title Of this
VflClE III he Farm and lndustrlal
'~rzfion I,c ana 10y mat corporate
<aeenf ~ have and enjoy succession Ioi
~ !. saan nstv-nine 90 years, and shall
,xncd q h' authorities generally vested IN
.s ~ n@ ,a5er the law, ana, more par.
<eatsns Iii be authorized 70 contracts
<hdy, y .red. 10 make and use cor,
q rd DC make and issue bonds ana
Or ses', ,,row and lend money 10 az
IS Inv grant, gift, purcrase, uIvlse
~ p0p., h sell, mortgage Please' Iease
Z equts. property in any OF us ICiIns,
ra agents, clerks snpe.ii,'e, ~ ,bs
frss, employees as the inteaes b 81
~ may require; 10 ',r an,geT2ent Of
rpn,5 regulations for tne III Iia" ,bs MOVERS
! iisis,, s ;rrt.nded to be granted to cor
rrfd ana nsn,ral, and in order to carry
euisns t y and purposes of its organi-
fnv,1I-The domicile OF this cor
MILL. ~ (. in the City OF New. Or
rzsion sos a Orleans, State of louisiana,
hss, fI s.s.;on, or other legal process shaii
u III e''s .o, It's President, or IN MS aD-
y r "a rs Vice-President'
- spcnr III The objects and purpose
NthL. - eorporation is formed and the
3 yhics ~. ~ hnsiness to be carried on by
spr q Us declared TO be: To BUY, SELL
arr hefeps store. repair, manufacture,
kst n@.ss deaI In tractors, trucks, motor
d sneixl. ;moIements OF all descriptions
Hdtes -. a.r,s equipments, accessories ana
q meI ~. N operate garages; 10 ouy
mu'n sssoline, kerosene, and all KINDS
= xh s.sss and the like. To engage IN
~ capable of being conveniently
81 easn' 4, connection with the foregoing
eu1 ~ directly or indirectly, to en-
aA =. yai,,e or render more proiltaole
W. - 4. property or rights and interests
y ,sa,ooration. And generally, TO GO
! Ha al things appertaining to; growing
A. IN any way related TO the nature
- sforesaid objects and purposes -.
,SfIuE N.-The capital s'ock Oh 'n -
.rsipn Is hereby liked az I'm me S 49,. y,
"a thousand Dollars lS9O'ooul' aiv Iono1
- = IA represented BY 1--WE tnomsanu ,s sS ool
nc ~ III five thousand shares, twenty
"a 4.a,.d shares amounting to twenty
Z s .s...srd dollars ($25,000.00) shall be
~ 49, - stoek. and the other twenty tive
81 .h,res amounting to twenty-five
- -, daIlars {s2sOO00O) shall be com.
m.,a.t The holders of the preferred
u All he entitled to receive, when and
t..i,rr3 from the surplus or net pro
Z. Z 1he corporation, yearly dividends at
= -. Al twelve per centum per annuln'
al. ronthly. or quarterly, or yearly as
rs.,d a directors may decide. The
s.i's@ N rhe peferred stock shall be
-v.l,t;ye. and shall be payable before
2. S,;arud on the common stock shall be
"a 4 81 apart; so that, If in any year
!Sl,,as amounting to twelve per centunI
m u. have been paid on said preferred
~ ~ deficiency shall be payable before
n dividends shall be paid on or set apart
= a. common stock. Whenever all cunula'
4, dividends on the preferred stock toi
d rey;ous years shall have been declared
a All have become payable. and the &C.
~ diyidends for the current year sinai,
~ ben declared and the company shall
n pid such cumulative dividends fol
picas years, and such accrued DIVIDENDS
Z Al have set aside from its surplus OIL
z nit, ! sum sufficient for the payment
] ~. he Board of Directors may declare
/ ftlesds On the common stock, payable Their
Atfesfter, out Of any remaining surplu:
{ h profits. In the event of any iqui
4 k;su q dissolution or winding up (whethei
! s1uutzsy Or Involuntary of the corporation
I 4 hlders Of the preferred stock shall BE-
unkd 10 be paid and receive, in full
/ - x par amount Of their shares and the
/ md dividends accrued thereon, the re
4 sitne assets and funds shall be divided
u I'D to the holders of the common stock
n,sfonstely, according to their respec
r. shsfes. The capital stock of this cor
ontioa may be increased to One Hundred
Gnmd Dollars (sl000OO0O). No transfei
/ 4 de stock Of this corporation shall be ad
I'D held valid or binding, so far a;
II uupcfation is concerned, unless made
~ iis books. This corporation may
u Il hereby reserves the right, to purchase
ntsA retire and cancel any and all or al
h hen outstanding preferred stock Of
= uporstion at any time after January
y -. In such amounts from time to time
= 4 such manner as the Board of Direc
~ ~ determine, by paying to the re
rdiR holders Of the stock so retired, OF
t20iting to the order of said holder:
= dice Of this corporation, sum OF
- Qual to the par value Of the preferred
~ y retired plus five per cent of the
- hereof together with all accumulated
= us9aid dividends thereon, il any. lr
- such deposit written notice Thereof
~ bgthwith be given to the respective
IN q the stock so retired, redeemed
snsed o. cancelled, by mailing sucf
- such holders at their last known
business or residence, and as i
ne corporate records.
14 V.-No stakeholder shall eve
personally liable for the faults o
~ q this corporation in any fur
than the unpaid balance due t
atiou on the shares of stock ownet
lid for by him, nor shall AM
efnality in this act of incorporation
infect Of rendering it null, or o
any stakeholder to any persona
oeyond the unpaid balance due TO
VIAL the corporate powers o
ation, not reserved by law to tn
snail be vested in and exer
Board Of Directors TO be com
not less than three nor more thai
c1nolders holding common stock;
q said directors shall constitute
<s transact business. The director
{G elected annually by ballot by tn
s- 9 the common stock, at a meetin
~S.. Icr that purpose after fifteen day
~ neliee 10 each stakeholder MALE
- address shown on the books q
ntien The preferred stock shal
votius power.
eeies It their first meeting and a
S.ld meeting thereafter shall elec
aunber President, a Vice Pres
esetary and a Treasurer, whic
~ aamed offices, however, may /
. me pleasure of the Board. Tt
eesing for the election of directo,
Nx ned on the third Tuesdav