The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-27
CHARTER.

agree and bind themselves, as we'll
as all such persons as may hereal
tier become associated with them. to form
aud constitute a corporation and body
polite in law, and to that end they state
the following matters and things. and
execute aud adopt these articles of incor-
poratiOn a. follows, to-wit:
ARTICLE l. The name OF said corpor-
alton shall he l.lano Grande Plantation
co, Inc.
/ ARTICLE 1.-THE objects and purposes
for which this corporation Is established,
and the nature of the business 10 he ear
led on bV ID are declared 70 he the niau-
Iufarturing of sugar and the transaction
of all business incident thereto ana inc
purchase and sale of such goods, wares
and merchandise a. may be used Tor or III
ridrnt To said business and TIA" ownership
ct such buildings, machinery, equipment
and lands a. may be necessary for That
purpose.
ARTICLE III.-The amount Of tn" cap
ital stock of said corporation shall h" on"
ImiiIiou IS. I'M. 10000 dollars, all of which
shall be- common stock and none Ot Nhl'h
shall be- preferred stock. said stock may
be- issued for labor done, or money, or
property actually received.
! ARTICLE IN..Th" amount to which tue
Ic,pitaI stock Of said corporation may Lee
increased shall be two million S-OOO,
lOoO.OUt dollars.
ARTICLE V.-Thc number Of shares of
which said capital stock OF on" million
! Isl 900 OoUOOl dollars of said corporation
shall consist. shall be ten thousand TO-
600 shares of the par valu" OF on" hun
drrd lSlOO.OOt dollars per share. the shares
of said corporation To remain at ON" nun
bred tSIO0OoI dollars i'll tn" event of thu
increase of the capital stock Of said cor
pOration beyond on" million iSl.Wo,oooooi
! dollars.
ARTICLE VI.-Thp location of the dom
irilr Of said corporation shall u" III th'
d. - D. af Nlr
leans in TIA" State of Louisiana.
! ARTICLE VII.-The period of duration
Of said corporation shall l." nin"t! nine
90 years.
ARTICLE VIII Til" number Of Dire
TORS of said corporation shall he I'VE. The
Officers of said corporation shall hr thoS"
provided for by law. aud such other OIL
GERS a. may he provided for by the by.
laws. The names aud po>t"nicr addresses
of the Directors of said corporation who
are SrIr,.ted to serve for the iirSt year. or
until their Successors are elected and pu1l-
ihrd shall b" ~ follows. t"-wit: vii
liam NJ bancroft. New Orleans. La.
lanes f. cunts New Orleans. La. Frank
". MrCOwrn. New Orleans. La, william
W. W"Strrficld. New Orleans, La. aud
William poh"rtT. of Houston. TEXAS. Will
William VI. Bancroft ~ President. vii.
liam Doh"rty as Vice President. and
Frank W. McCow"n - Secretary aud
ARTICLE IN The names and post
office addresses of the subscribers IL
these articles of Incorporation and a state
m"nt ri the number OF shares 81 NI"'h
which each subscriber j. To take in said
CORPORATION are aS follows: william NJ
, Bancroft New Orleans. La. 1880 share
of the par valu" of five hundred three
thousand CSI02 WO.OOI dollars: James T.
lZuntS New Orleans. Ia. five shares oi
the par value of five hundred (SJO00oj
dollars: Frank W. MrcOwrn. New or
leans La. twenty shares of tn" par value
Of two thousand (S2OO0.0OI dollars: vii
liam W. WpStrrfield. New Orleans. La.
five shares of the par value of five hundred
(SlO00O) dollars: William pOhrrty. llouS
ton. Texas. twenty shares Of the par value
of two thousand (S2o00.Onl dollars.
ARTICLE N.-Each share of stock shall
he entitled to one vote. There shall b'
no cumulative voting.
ARTICLE NI.-The Board of Director:
: Of said corporation shall be. and arr
hereby vested with all the corporate pow
rr> of said corporation, including amOna
other powers the following. viz: The
power Ia make, alter and amend suitable
Iby-laWS for the government of said cor
Iporation: the power TO borrow money
execute mortgages. issue notes or bonds
10 sell or pledge the same. and general!
to do all things pertinent to or nece>
>ary for the objects and purposes Of sal,
corporation. or which are or may be per
mittrd by the laws applicable to corpor
ation~. the above recital of powers grantee
10 the Board of Directors not being "N
elusive. the intention being to vest tn
Board of Directors with all such Othc
land further powers ~ may he proper {
, accomplish the objects and purposes
said corporation. Stockholders meeting
!, for the election of Directors Of said COZ
y poratiOn shall be held annually on tn
' THIRD Thursday of April.
4 ARTICLE NII.-The President and IN
: | Vice President. the Secretary and Treas
i urer shall he authorized Ia receive ScrNi'
S of all legal process.
: Thus done and signed in my office
IS the City Of New Orleans, in the i'reSenC
l. of Harriet Spickert and Roy Raymond
5 competent witnesses. both Of this cit
# who have herpuntO signed heir name
" with the said appearers g these arti' i
ir of Incorporation and me, Notary, on II
e date aud DAY first above written. and u
ne said subscribers do hereby subscribe f.
A. and agree to pay for tn" number OF Shar'
n set opposite their several names.
W Original signedD VIM. Bancroft, fl
ne thousand aud thirty (5,030 shares: w
vi twenty C2Ol shares: 7. w. McCOwe
ne twenty (20I shares James r. cunts. fl
hs "a shares WIN. W. IVES; ,rfirli, Eve
III >TareS.
IL witnesses. Harriet spickert, Roy Ra
n Tond.
he A. W. COOPER. Not Pub.
ne / the Cndcr>ic:n II Recorder OF MOI
ed ,ages in .,rf for ~" Parish OF OrleaI
NJ state OF Louisiana DO herebT certify IN
irt the above ".,d foregoing act of incOrpO
es alton of the I.lano GrdnCe Plantation &
lal Inc was this day duly recorded in i
Wy office in Book 1912. Folio ----.
New Orleans. La. April 81. 1920.
ie- EMILE ]. LEONARD, by. r
ne. !. the undersigned Notary Public, he
'ut by certify the above and foregoing to
he true and correct copy of the original /
gal of incorporation Of ElanO Grande Plant
re- ton Co. Inc. together with the ccrtilic;
w. of the Recorder of Mortgages thereto Il
of pended. as the same appears on file in
-as nOtarial records.
it: New Orleans. April o. 1920.
of (Seal) A W. COOPER. Not. Pub
nd April o9-June g.
aid ---------------
Di- CUARTER OF EDWARD SCHWA Ar
&c NM, Granny rn,,p,~x r>C
ity ~ '