The herald., 1919-10-23
CHARTER

ions. lands. warehouses. and the appurte-
nances thereof. and such other plants and
machinery as may be operated for the mill
ing, manufacturing and preparation for the
markets of cereals of all kinds, inClud
ing particularly rice, or rice products,
or rice by-productS, or any other food pro-
ducts; to divert the courses of rivers,
creeks. bayous and other streams; to dam,
store and husband water, and TO control
same for its purposes or for the sale or
use thereof: TO purchase. acquire, hold.
lease manage, control operate sell, lease.
and otherwise dispose of, water. water
rights. rights of way. power, privileges,
and appropriations for milling, agricul
tural. domestic manufacturing, and other
uses and purposes; to engage in all sorts
of agricultural operations; to drain, lr
rigate. reclaim. COLOMBO. develop and i'm
prove lands: to raise. market and deal in
live stock; to hold, acquire lease and OPP
crate tramroadS, bridges. bargeS and other
watercTaftS, canals, waterways. telephone
and telegraph lines. lighting plants, and
other means of transportation necessary
or convenient i'll prosecuting the business
of the company: to erect buildings and
other structures, and to operate lease
or otherwise handle them and deal there
in, to construct, and operate cOmmisSar
les, boarding houses, hotels. warehouses
and general stores; to operate dairieS; to
make advances for the cultivation of
lands; to develop, produce. market and
deal in minerals: TO buy. sell, store
ship. forward. pledge, receive on con-
Signment. make advances on and handle.
rice and other agricultural commodities
and products of all kinds: to obtain certi-
Gates as Public WarehOuseman and car
ry on business as such; to deal in mer-
chandise of all kinds: to acquire the pro
perty. business and good will of any in
! divuals, firm or corporation engaged i'll
! any of the business enumerated above
| to issue bonds, mortgages and hypothe-
cations to the extent necessary or proper
/ l,NNES n tRn M n n
| cucumber or dispose of stocks and bonds
| of other companies. to the extent permit
| ed by law: to exchange its entire capt.
! tai stock, or any part thereof, for property
| which it is authorized to acquire, or TO
| exchange it's entire assets and business,
or any part thereof, for property. stocks
bonds or other obligations of other com
panies: to subscribe to the stock of other
| companies. and generally to do any and
all such acts and things as may be or
/ shall be necessary, or convenient or prop
| er for the accomplishment OF any OF the
foregoing objects and purposes.
ARTICLE IV.-The capital stock OF this
! corporation is hereby fixed at the sum OF
Five Hundred Thousand $4,000 0OOl
Dollars, divided into Five Thousand 10000
shares of the par value of One Hundred
| (S100.00) Dollars per share. The amount
of stock may be increased to Five Mil
lion 5000, 100000 Dollars. The whole
or any portion of said stock may be issued
| and delivered to any person, flrm or cor
poration for the acquisition of the rights
privileges or property owned or CONTROL
ed by such persons, firm or corporation
for the fair value thereof as appraised by
the Board of Directors: and the Board OF
! Directors hereinafter created is specially
| authorized to issue and dispose of the
stock for any and all purposes as in its
| judgment may seem fair anr proper.
ARTICLE v.-All the powers of this
| corporation shall be vested in and eXer-
csed by a Board composed of three (3)
directors. Said Board of Directors shall
be elected annually by ballot, at stock
holders meeting called for that purpose
on the first Wednesday in February of
each year. Cor the next legal day if that
be holiday after due notice given to the
stockholders by mail, at least fifteen days
before the date of said meeting. Each
holder of stock shall be entitled to one
vote for each share of stock standing in
his name on the books of the company
said vote to be cast in person or by proxy
and the majority of the votes east shall
elect. The Board of Directors shall have
the power to fill all vacancies which may
occur or in any manner arise or bt
created on the Board, even though NJ
quorum remain at the time such vacan
cies are to be filled. Failure to elec
directors on the day above specified shall