The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-07
CHARTERS
CHARTER OF CONCESSION PLANTING
COMPANY, INC.

| CHARTER OF CONCESSION PLANTING
COMPANY, INC.
United States of America. State OF Louis
lana, Parish of Orleans, City OF New Or
| leans.
| Be it known, that on this thirteenth day
of July, A. D., 1919 before me, VIM. a. Bell,
Notary Public. duly commissioned and
qualified, in and for the Parish of Orleans,
State OF Louisiana, aforesaid. and in the
presence of the witnesses hereinafter named
| and undersigned, personally came and APP
peared the several persons whose names are
| hereuntO subscribed, who declared that they
are of the full age of majority, and that
availing themselves OF the provisions of the
| laws of the State of Louisiana, relative to
| the organization OF corporations, particularly
| the provisions of the Act of the Legislature
| of Louisiana being known as Act No. 267,
of 1914, they do by these presents, covenant
and agree and bind themselves, as well as
any and all such person or persons may
| become hereafter associated with them, in
| or body polite in law, for the purposes and
objects, and under the terms, conditions and
stpulations following, to-wit:
| ARTICLE 1.-The name of this corporation
shall be Concession Planting Company
| Inc"
| ARTICLE II.-This Corporation shall exist
| and have succession for a period of ninety
| nine years from date hereof, unless sooner
| liquidated or dissolved according to law.
| ARTICLE II.-The capital stock of thi:
| corporation shall consist of common stocl
only, and same is hereby fixed at $4,000
| and shall be divided into or represented By
| five hundred shares OF par value OF One Hun
| bred Dollars each. The capital stock may
| be increased to $5000O000 under this charter
| said increase TO be represented by shares o.
| stock OF the same par value those jus
above provided.
| ARTICLE IV.-The domicile of this cor
poration shall be in the City of New Orleans
! Louisiana. Service OF process may be mad,
| upon any officer of the Corporation, il
| their absence, upon any employee thereof
over the age of Is years, at the place of bust
| ness of the Corporation.
! ARTICLE V.-The object and purposes O
| this corporation are hereby declared to be
| To buy, hold, own, lease or acquire and i'm
| prove real estate, or all kinds of property
| real, personal Mixed and to sell, rent
| mortgage and hypothecate and exchange, o.
otherwise dispose of all property of ever,
nature and kind; and to engage in the
| planting, cultivation and sale of all kind
| of crops and agricultural products and to carry
on general agricultural business; to buy
| SELL barter and exchange cattle and live
| stock, and to conduct a cattle and livestock
! business, in all its branches; including
dairy, poultry, and general farm products
and to these ends, to acquire the holdings o
|
| as Concession Plantation in the Parish O
| Plaquemines, Louisiana, about II miles below
| the City of New Orleans, together with al
| the growing crops thereon, and all nipple
ments, livestock, mules, machinery, tractors
| syphons and pumps, carts, gear, harness
feed, etc, now located thereon and used OF
| said plantation.
ARTICLE VI.-All the corporate powers O
this corporation shall be vested in and ex
| ercised by Board of Directors, consisting
of three stockholders of the corporation. Thu
| Board of Directors shall be elected annual,
at the stockholders meeting to be held tht
| third Friday in January of each year, be
| ginning in the year 1920. These Director
shall Immediately elect from their number
| President Vce-President and a Secretary
| Treasurer. Directors and officers shall hole
office until the next annual meeting follow
| ing their election, and until their successor
are elected and qualified. If no Annua
meeting is held in any year, the incumben
l directors and officers shall hold unit
| such a meeting is held by order of the Presi
| dent, at the instance of holders anC
/ owners Of more than fifty per cent of the out
| standing stock Ten Q0) days notice to al
| stockholders, at their last known address, i
| required for all meetings of stockholders Va
cancies in the Board of Directors shall b,
| filled for the unexpred term by the remain
ing Directors on the Board. Directors ma,
! be represented and vote at any meeting b!
written proxy given in favor OF any othe
vote at all meetings in person or by writer
proxy. At all stockholders meetings, TIT
| vote of a majority of outstanding stock shal
prevail, except where otherwise required b!
law.
ARTICLE VII.-Until the annual meeting
| and election in January, 1920, or until thei
| successors shall have been elected and quail
| fled the Board of Directors and Officers o
this corporation shall be-: Alfred U. Here
| President; Roland Russell, Vice President
and George A. Hero, Secretary-Treasurer
ARTICLE VIu-No stock of this corpora
| ton shall ever be sold, transferred or assign
ed by any stakeholder without first otferin
said stock to the corporation, with option I
same to purchase such stock for cash at TN
book value thereof after thirty days write
notice to the Corporation. No sale or othe
transfer or assignment OF stock IN TINS COZ
poration shall be valid until and unless OF
portunity to purchase such stock has frs
been given in the manner herelnabove pre-
| vided 10 this corporation
ARTICLE IX-Ths corporation shall b
| considered a going concern as soon as S25
10000 of its capital stock, figured at pa
value shall have been subscribed for an
paid
ARTICLE X.-The incorporators of this col
poration have hereto annexed an accurat
detailed and itemized description of certai
property formerly owned by Alfred .. Here
SharleS ~. w; massey. SpSHSei iH o.
Roland Russell, which is to be conveyed
the corporation in payment of their RESPECTIVE
subscriptions as indicated to the Capita
stock, showing the amount, location, exten
character and value of said property as al
praised by the Directors of this corporation
and in order that this charter may serve ais
as the original subscription list, the sui
scribers hereto have indicated opposite thei
respective signatures the number of share
of stock subscribed for by each of them.
ARTICLE XI.-This corporation shall b
liquidated by three 80 liquidators elected a
meeting of stockholders held for the pun
I pose and called and held according to exis
ing law, which meeting shall fix the term
and conditions of such liquidation.
III ARTICLE XII.-This corporation may b
dissolved in accordance with the provision