The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-18
CHARTER OF KING BROWN AND
CO. INC.

United States of America. State of
Louisiana. Parish of Orleans BE it known
that on this 9th day of the month of
September, in the year of our Lord ono
thousand nine hundred and nineteen
ll9l9). and of the Independence of the
| nlted States of America the one hum
dred and forty fourth. before me. Watts
| N. Leverich, a Notary Public. duly
commissioned and qualified in and for
the Parish of Orleans State of Louisi
ana, therein residing, and in the pres
| ence or the witnesses hereinafter named
and undersigned, personally came and an
| peared the several persOnt whose names
| are hereunto subscribed, who declared
| that availing themselves of the laws Of
| TINS State relative to he organization of
corporations, they have cOvenanted and
| agreed. and do by these present. Govern
| ant. agree bind form and constitute them
| serves. as well as such persons as may
| hereafter join or become associated with
| theln, into corporation or body politic
| III law, for the objects and purposes and
| under the agreements and stipulations
following, tO-wit.
ARTICLE 1.-The name and title or
this corporation shall be King, Brown &
o. Inc, and under its corporate name
IL snail enjoy succession for the full term
and period of ninety-nine wears from
ana after the date hereof. and shall have
power and authority to contract sue and
De sued; to accept and receive. mort
gageS pledges or other hypOthecatious
10 make and use corporate seal and
the same to break and alter at pleasure.
TO purchase. receive, lease hold or other
wise Acquire and convey. as well as
mortgage and hypOthecate under its
corporate name property both real and
personal and mixed: to borrow NANCY
ana make and issue bonds and Other
evidences of debt, and to secure the
same by mortgage and otherwise; TO hold
STOCK In other corporations; to Acquire
hold and reissue shares of its capitai
name and appoint such managers and
stock: to carry ont all of the objects
ana purposes hereinafter set ont. "a
directors, OFFICERS and agents. as the in
terest and convenience of said cOrpora-
tl0nS may require: and to make and ps-
tablSh, as well as alter and amend at
pleasure such bylaws, rules and regula-
ions for the management and regulation
OF the affairs of the corporation as may
De necessary, proper or convenient: and
generally to do all such acts and things
as general trading corporations arc
authorized to do under the laws of tbo
State of Louisiana
ARTICLE 1.-THE dOmiciIe of this cor
poratlon shall be in the Parish of Or
leans State of Louisiana. and all cita-
tlohS or other legal process shall be spry-
ed upon the President of the Company or
In ms absence, upon the Vice President
Or IN the absence of both the President
anu Nlce-PreSldent, upon the Secretary /
Treasurer.
ARTICLE III.-The objects and mr.
poses for which this corporation is or
canned and the nature of the business
10 De carried on by it are hereby do
cared to be: To engage in the business
OF buying and selling cotton for EXPORT
ana domestic purposes. for its own ac-
count and as agents for others. on anv
ana all terms and conditions. to make
advances upon cotton; to accauire and
hoId, sell lease cucumber or dispose of
stocks and bonds of other companies: to /
hold stock in other companies: to ex-
chahSe ITS entire capital stock or any mart |
.hereof Tor property or to exchange
us entire assets and business or (
any part thereof, for property. stocks !
bonds or other obligations of other com
panies; to deal in agricultural commodi- |
ties of all kinds and to buy, sell. store
snip, forward, pledge, receive on consign-
ment, make advances on and handle all
such commodities; and generally to do
any and all such acts and things as shall
De necessary, proper or convenient for the
accomplishment of the foregoing object |
and purposes.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at One Hun
ired Thousand Dollars $500 OOOl divided
INTO one thousand Q,OOO) shares of the mar
'alues of One Hundred Dollars (SIOO per
snare. The amount of said stock may be