The herald. [volume] (New Orleans, La.) 1905-1953, 1919-01-30
CHARTER OF CRESCENT COTTON
CO INC

United States OF America. State Of Louis
,,a.'i' I5I'sl q orleans, Ci'E q New Or
| Ie&hs. BE II NnoWn. mat On TINS, the second
Jay OF Inc iAohl4 81 January IN the year OF
| our Lord, p-e thousand. Nine Hundred and
Nineteen, and Of the independence OF the
| Oh;ltd States OF America the one hundred
ana forty ,mfd; before me- harles F. Fetch.
| niger, No,tFy fu2Ac, duly commits sloned
! ana Qna'ii.ti IN ana Tor the CITY Parish
% ,to o."ls ''esa.H' ''ofSlh residing and III
| the presence ~ the witnesses hereinafter
| aPSp%fed n several persons whose names
| are iereu1'o sapscrlped. VINO declared that.
! II'al"IE tHe.'stNts OF me PROVISIONS ot tae
lLIS OF ms sac TelatlEe 10 the formation
| anu "'Edhiz",I"n OF cofPorations, they have
CoEenaa'ed ana agreed and d., by these
| presents, covenant ana agree and oind thsn-
ISstNt>, a WcI - tnose VINO may hereafter
| oeTLo.Ee dss"S'"ted WIN men, 10 form them.
| SeINe' mo d corporation Tor the ohlec.S and
| r"'p.sOs WI" lIc nd'ne. ana under me stipu-
| IalQnS following. to-wlt:
AK XII, IL i.-Ihe name and style OF this
T T., POI -'ali ne .rt>eeAt cotton o.;
ms ana ny SAID corporate name II shall
nave ana ENJOY succession and existence for
| I. PERIOD "i nIne;y,mne wears. unless sooner
aI::s?lved, and snail have all OF the rights,
l-HL.ySts ana lt''nuh,'!es granted by law T.
s"P. IONS anu under Said corporate name,
II sAaH nave power and authority 70 con
ract' sue an4 he sued - make and use a
corporate sea-. and 70 break or alter the
same at pleasure, and make all necessary
rules and regulations for its. corporte man
agemeat ana control, and 'nall have and en-
Joy. an me rights. privileges and lmrnunltes
Wmch now. o. hereafter be granted by law
+ {" corporations Of the same kind and char
acter:
AKlI II 1.-The d2micile Of this Corpo-
| ratlon Sha.i ne N the CITY OF New Orleans.
Ntate 81 louisiana and al citations and
other legal processes shall be served upon
the PRESIDENT or, IN case Of his absence or
inabillty to act, upon any other officer OF
| me Cnrporation,
AK l'LE ill.-lAe objects and purposes
Tor Wmch TINS corporation Is organized are
herehY declared TO he 10 buy. sell expor'
import or otaerwise deal IN agricultural pro-
uuS's anu otIeF 'nerclandlse Tor rs own &C
e"nnt OF agent Tor others; the whole IN the
state OF LOUISIANA or elsewhere, and this
CORPORATION IS empowered to do and perform
any oter aC's ana business incidental or
eeFrane 10 the OBJECTS and purposes herein
eNPlesseu. out this corporation snail never
ens"Ee IN speculation on the market price OF
any SG,nnqdity
AK LIE lN.-lhe authorized capital stock
% uilf EEo.po'aLloh l Is hete9y hXed at the
S SIia % ~ ,lnSasahd S>+1 Dollars di-
nlreu mo I9aC houndred l+oo. shares OF the
par Na!ue Of one Hundred (SluOc) Dollars
e@SI' ING said STOCK snail be ISSUED for
f Insti, anu tI'S corporation snail commence
tbe s ana become gong TonSern when
tHe sum OF 4Wenty thousand Dollars OF its
| S"Pi'@t stoSk shalI nave Deen subscrl bed and
pa::II loi' Inc sald STOCK snail be fully
= pau up dt ihe tme OF ITS issuance and be
| -. A4D Sdiu -nPPSdltlS utCidlt
10 10 ttes edSh here9y SUBSCRIBE tor the mum
oeI OI shaTes OF the capital stock of this
10 eorpolat'1n set OPPOSITE their respective sig
hdtgIes hereto. NO present or future stock
.loiueF shaiI ever validly sell, assign, OF
transfer other than by inheritance, any OF
.ne capital stock OF this corporation until
.he same shaH nave been first offered &c
fe .,, ieLialhlng Siockhoiders tor the benefit
u tIose stockholders VINO may desire TO pur'
enase the same, through the board Of drec
, rTs, hr perod OF ten days, at the book
'aiue Oh snch STOCK, as shown by the books
e Ia "e 80 ~ ~ a'ioI on me Isl day OF August
as, PeeeIihg the GATE OF such offer. II
sndIl De the duty OF the board OF directors
promptly, upon receiving an offer of sale
e u any OF the capital stock OF this corpora
e Ill u communicate the same to the stock
e neiI at IN writing; through the Secretary
= pi me company and each OF the said stock
b noIaers snail be entitled to purchase such
e proportion OF the stock so offered for sale a:
: .;ne T I OF shareS owned by him at The
i ZINC pedrs 10 me number OF shares owned by
e az 'ine. s'ocknolders desirlng TO partici
Pate IN the purchase No sale under fore
eiosuIe' dttachment or other process. or by
bynotbaca.; any PSwgr OF attorney pledge O
~ faeo; snali De vaidiy made unit
/ liz, ot?;gioiIs requirements nave been com
k pI. r WIFI oy the person or persons, firm o
!. soIp TN TN PIov9k1ng such foreclosure o
y tfo-;., b ooaru OF directors snail have au
: o;-a.y, Ho"eEeI 10 walVe the above re
t;n, AK nial as 70 any particular hypotheca
# ed stoTk' Oy resolution adopt
e IA tesuldI cdiIed meeting of tn
II o,rL VI az meeting attended by all tn
/ i,;n- - inc poaI9 OF directors, such reso
r niaSna oeiIs dIople9 IN advance OF tn
5, aRT1 81 FFyP " asa on
e ,orat;o., - -, 'iLAII the powers OF TINS cor
# ~ - bnI Neste9 IN ana De eXerclse'
II bo,a f;S u tiree directors VINO shall b.
II The &C. to-1 s VI tne corporation ant
t I.cL Po-ro.. VI uiieetGIs shall consist o
s IT ID -. VINO snal ne president
h and S.cra,sr,. wFo snSll De vree-President
l. | D;r.c,ors 80 IN IN T rIIst- me board o
y no-st;o, ~ may vieet treasurer Tor the cor
5, tbav M, d;s any a'ine liey may see 1T
h rreI IN J;o Mn inc olllce OF treas
d board % d;-a.uI me ABOVE name!
n f;ce ~, ~ s!,Jii continue 10 hold OF
II 1o1o 80 Ill go; iuesuay OF OCTOBER
S and orai;f;ad ~ III are electe'
IS sbaT III e.; u an succeeding BOARD
r, succassors oia. oe yedf ana until tnel
n nersons 70 he ha1aaf.a dliu q9aIiled. In
t subsenu.nt 49, I'll e!Ieeu directors 10
:: Their nnrn ,y,rshe si" p $500 from anon
d dent erd Sao"a. iieSluent, a wee -PTesi
n dav of Ortober ~ - On INC seeonu rue
: e~s sb.II 80. peI !edI, the stocknoiu
e ensuing yea- I'd ; VI DiieetoIs lor IN
/. Tuesday ~ 0osoba- LII atT Te"t tne seeon'
d halliday then sycb sIan.;o Ian uP9" iega
t upon the newt sncceeJ;rG b,,s; Snail Ie heL
IS hoard Of d;rectors ei.naa D ;.I Gay IN
;, t;nne in nff;ca Ill ny InstdIleo 10 con
lie elected Tbe .Ient;o., ~ ae ~ successors ar
r bv haiIo+ a,d ~ , VI uliectors snaii o