The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-03
CHARTER OF ASSOCIATED RICE
NILLERS OF AMERICA, INC.


City of New Orleans. l." il known that
Oh this nineteenth day of May, i'll the
gear one thousand. min" hundred ana
twenty. before me, William Waller Young,
notary public, in and ror the parish
of Orleans. state of Louisiana. duly com
missioned and qualified, and in the pres
enCe of the witnesses hereinafter named
and undersigned, personally came and ap-
pcared the several persons whose names
are hrrcuntO subscribed, all above the
full age of majority, who Severally de
Clarcd, that aVailing themselves of the
laws of the state of Louisiana, and eS-
pecially the laws relative 20 the Organi-
cation of corporations. they have cove
nantrd and agreed to bind. form and con
Stitute themselves. well all such
other persons as may hereafter join
become associated with them, into cor
pOration and body polite in law, for the
objects and purposes and under the ar
ticleS agreements and stipulatiOns follow
ing tO-wit:
ARTICLE The name. style and title
of this corporation shall be Associated Rice
MilleTs of America, Inc. and. under that
name, il shall have and enjoy all the
rights, advantages. and privileges granted
by law To corporations. and shall exist for
the full term and period of ninety nine
years from this day. IL snail have power
to contract, sue and be sued to make and
use corporate seal, and the same to alter
and break mt pleasure: to hold, receive
lease. purchase, sell and convey. as well
as mortgage, hypOthecate and pledge
property, real, personal and mixed, cor
poreal and inc0rpOreal; to name and ap-
point such managers, directors. officers,
agents and other employees as its interest
and convenience may require. and to make
and establish. as well as alter and amend,
from time, to time, such bylaws. rules
and regulations as may he necessary and
eNpcdient for the proper management and
government of the affairs of said corpora
ton.
ARTICLE 1.-THE dOmCile of this cor
pOration is hereby fixed in the City of
New Orleans, State of Louisiana. and all
citation or other legal process shall be
served upon the President of said cor
poratiOn. or. i'll his absence, upon its Sec
rotary.
ARTICLE III.-The objects and pur-
poses of this corporation and the nature
of the business to be carried on by it
are hereby declared to be: To carry on
/ a general advertising and publishing
business in all its branches both as prin-
cipals and agents, principally in the ad-
vertiSing of rice. To buy. sell and deal
in rice and its by-prOducts. on commits
sion and otherwise. and To do "A general
| rice milling business in all its branches,
and for said purpose to own. lease and
! operate mills, warehouses. factories and
works; with the right and power TO do
any and all things necessary or con
nected with or in any manner incidental
i
poses herein set forth
ARTICLE IV-The capital stock of
| this corporation is HEREBY fixed at the
| sum of Five Thousand ($5.000.O0) Dollars.
TO be divided into and represented by
| Fifty (JO) Shares in rae sum of One
/ Hundred (S1O0.OO) Dollars each said stock
shall be paid for when, and in such in
stallments as directed by the Board of
| Directors. The capital stock of this cor
| poratiOn may be increased to the sum of
! Twenty-Five Thousand DOifars.
ARTICLE V.-Au the corporate powers
| OF this corporation shall be exercised by
a Board of Directors consisting of all
| shall constitute quorum for the trans
action of business. The Directors may
vote in person or by proxy. The Board
of directors shall, at its first meeting
elect from among its members. Presi-
| dent, Vice President, Secretary and a
| Treasurer, who shall hold office until
! their successors are duly elected and quail
| fled, and in case of vacancy in any of
| the said positions, the same shall be fill
| ed by election by the Board of Directors
The annual meeting for the election of of
| ficers shall be held on the Second Tues
day in May, of each year, unless said
day be legal holiday. and then on the
next bank day thereafter.
Each subscriber herero sets after his
name his post office address and a state
ment OF the number or shares of stock
which he agrees to take in the CORPORA
ton. At all elections, every stakeholder
shall be entitled to one vote for each
share of stock standing in his name on
the books of the corporation, to be east