The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-28
CHARTERS
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 thirtieth day
OF July, A. D., 1919, before ne, 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
pedTed the several persons " hose names are
hereunto subscribed. who declared that they
| are OF the full age of majority, and that
| awaiting 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 a,
| any and all such person or persons as NAV
become hereafter associated with them. in
| order TO form and constitute a Corporation
| or body polite in law, for the purposes and
| objects, and under the terms, conditions and
supulatIons following, to-wit:
| ARTICLE 1.-The name Of this corporation
shall be Concession Planting Company,
| Inc"
! ARTICLE IL-This Corporation shall exist
and have succession for period OF ninety
nine years from date hereof, unless sooner
| lquidated or dissolved according to law.
ARTICLE III.-The capital stock of this
corporation shall consist of common stock
| only, and same is hereby fixed at $4,000
| and shall be divided into or represented by
tive hundred shares OF par value of One Hun
| bred Dollars each The CAPITAL stock may
be increased to $5OOOO0O0 under this charter.
| said increase to be represented by shares Of
| stock OF the same par value as those Just
above provided.
ARTICLE IV.-The donicile of this cor
| poraton shall be in the City of New Orleans.
louisiana. Service of process may be made
| FYTag ,ttt ( A.
their absence, upon any employee thereof,
over the age OF Is years, az the place of bust
ness of the Corporation.
ARTICLE V.-The object and purposes Of
this corporation hereby declared to be:
10 buy, hold, own, lease or acquire and i'm
prove real estate, or all kinds of property,
real, personal or mixed; and to sell, rent
mortgage and hypothecate and exchange, or
otherwise dispose of all property of every
| nature and kind; and 10 engage in the
planting, cultivation and sale of all kinds
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 cattle and live stock
business, in all its branches; including,
dairy, poultry, and general farm products,
and to these ends, to acquire the holdings of
the present owners of the plantation known
as Concession Plantation" in the Parish of
PIaquemines, Louisiana, about u miles below
the city OF New Orleans, together with all
ments, livestock, mules, machinery, tractors
syphons and pumps carts, gear, harness,
feed, etc, now located thereon and used on
said plantation.
ARTICLE Wall the corporate powers of
this corporation shall be vested in and ex-
erclsed by a Board OF Directors, consisting
OF three stockholders of the corporation This
Board OF Directors shall be elected annually
at the stockholders meeting to be held on the
| third FRIDAY in January of each year, be
ginning in the year 1920. These Directors
shall Immediately elect from their number a
President. a Vice-President and Secretary
Treasurer. Directors and officers shall hold
office until the next annual meeting follow
ing their election, and until their successors
are elected and qualified. If no Annual
meeting is held in any year, the incumbent
directors and officers shall hold over until
such a meeting is held by order of the Presi-
dent. or at the instance of holders and
owners of more than fifty per cent of the out
standing stock Ten U0) days notice to all
stockholders, at their last known address, is
required for all meetings of stockholders Va
cancies in the Board of Directors shall be
filled for the unexpred term by the remain
ing Directors on the Board. Directors may
be represented and vote at any meeting by
written proxy given in favor of any other
Directors on the Board. Stockholders may
vote at all meetings in person or by written
proxy. At all stockholders meetings, the
vote of a majority of outstanding stock shall
prevail, except where otherwise required by
law.
ARTICLE VII.-Until the annual meeting
and election in January, 1870. until their
successors shall have been elected and quail
fled the Board of Directors and Officers OF
this corporation shall be: Alfred o. Hero
| President; Roland Russell, Vice President
and George A. Hero, Secretary-Ireasurer.
ARTICLE VIII-No stock of this corpora
| ton shall ever be sold, transferred or assign
| ed by any stakeholder without first offering
| said stock to the corporation, with option t
| same TO purchase such stock for cash at tht
| book value thereof, after thirty days writer
| notice to the Corporation. No sale or othe
| transfer or assignment OF stock in this cor
poration shall be valid until and unless op
portunity to purchase such stock has frs
been given in the manner hereinabove pro
vided to this corporation.
ARTICLE IX.-Tlns corporation shall b
considered a going concern as soon as SIS,
10000 of its capital stock, figured at pa
value shall have been subscribed for an
paid.
| ARTICLE X.-The incorporators Of this cor
poraton have hereto annexed an accurat
detailed and itemized description of certain
property formerly owned by Alfred o. Hero
Charles o. w. Halsey, Spencer Turner an
| Roland Russell, which is to be conveyed I
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 ap
praised by the Directors of this corporation
and in order that this charter may serve ais
as the original subscription list, the sub
scribers hereto have indicated opposite thei
respective signatures the number of share
of stock subscribed for by each of them.
ARTICLE NT-This corporation shall b.
liqudated by three (3) liquidators elected a
meeting of stockholders held for the pur
pose and called and held according to exist
Iur Job, hall f;x he +a--
and conditions of such liquidation.
| ARTICLE NI1.-This corporation may b.
dissolved in accordance with the provisions
| OF Ac. No % of the 20; 81 tire Of lQla