The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-29
CHARTER.
CHARTER OF LLiNO GKNNDE PLAN
TiTION co. INC.

State of Louisiana. Parish of Orleans
city of New Orleans. I;,' il known. That
on this twenty -hrst day OF April. nine
teen hundred and twenty. before me
A>ahel Walker Cooper, Notary Public
for the Parish OF orleans and city of
New Orleans, Stat" OF Louisiana. duly
commissioned aud qualified and in the
preSruc" of the witnesses hereinafter
! named and undersigned. personally cam"
and appeared the several persons whu>r
| names are hcrruntO subscribed. who sever
| ally declared that. awaiting themselves of
| the provisions of the general laws of tia"
| State Of Louisiana providing for til" or
| ganizdtiOn of corporations. aud especially
| of Act 2GI of the Acts of 1914
| they have cOvpnautcd and agreed, and
do by these presents, covenant,
agree and bind themselves well
| a. all such persons as may heresf-
| ter hccom" associated with them. TO form
| and constitute Il corporation and body
POLITE in law. aud TO that end they state
| the following matters and things. and
| execute aud adopt these articles of incOr-
porati0n ~ follows. t"-wit:
! ARTICLE l. The name Of said corpor-
| alton shall he LlanO Grandc Plantation
| CO.. Inc.
| ARTICLE U.-Thc objects and purposes
| for which this corporation is established.
and the nature of the business to be- ear
led on by IL are declared 20 he the man
| ufacturing of sugar and the transaction
| of all business incident thereto: and tn"
purchase and sale of such goods. wares
| and merchandise ~ may b, used for or in
| cident to said business and the ownership
| of such buildings. machinery. equipment
! and Lands a. may he necessary for that
purpose.
| ARTICLE HI.-The amount of the cap
| ital stock of said corporation shall be one
million Isl 600. OOG.OOl dollars. all of which
! shall be common stock and none of which
| shall he preferred stock; said stock may
| b." issued for labor done. or money. or
] Tar ,.rfN al N-..f
! ARTICLE IN.-The amount to which the
| capital stock of said corporation may bc
| increased shall be two million (S2O00.-
| OOO.Gl dollars.
| ARTICLE V.-Thc number Of shares of
which said capital stock of one million
| 1000. 10000 dollars of said corporation
| shall consist. shall bc ten thousand no.
| OOO) shares Of the par value OF one hun
| drpd (SlOO.O0D dollars per share. the shares
of said corporation to remain at one hun
! drcd (S1O0.00) dollars in the event of the
] increase of the capital stock of said cor
poration beyond one million SlOOOOOOOO)
dollars.
| ARTICLE VI--The location of the dom
! icic of said corporation shall be- in the
city of New Orleans in the Parish of Or
leans, in the State of Louisiana.
| ARTICLE VlI.-The period of duration
of said corporation shall be ninety nine
| 90 years.
ARTICLE vIII.-The number of Direc-
| tors of said corporation shall be five. The
| Objects OF Shtu corporation Suuh Dt lDOSt
provided for by law, and such other Off
| GERS may be provided for by the by
| laws. The names and postohice addresses
| of the Directors of said corporation who
are selected to serve for the first year, or
| until their successors are elected and quail
| flied, shall be follows, to-wit: Will
| liam NJ. Bancroft, New Orleans, La;
James r. cunts. New Orleans, La. Frank
W. McCowen. New Orleans, La. william
W. Westerficld, New Orleans. La. and
| William Doherty, of Houston, Texas with
| William NJ. Bancroft President, VIII
liam DOhcrty as Vice President, and
Frank W. McCowen as Secretary and
| ARTICLE IX.-The names and post
office addresses of the subscribers to
these articles of incorporation and state
ment of the number of shares of stock
which each subscriber Is to take in said
| corporation are as follows William NJ.
| Bancroft, New Orleans, La. 5000 shares
! of the par value of five hundred three
/ thousand ($JO3. OO0O0) dollars; James +.
! cunts. New Orleans. La, five shares of
the par value of five hundred $500. 00J
/ dollars: Frank W. McCOwen. New Or
| leans, La. twenty shares of the par value
of two thousand ($2.0O0.00) dollars: vii
liam W. Westcrfield. New Orleans La
| five shares of the par value of five hundred
| (SJOOOOD dollars: William DOherty. HOus-
ton. Texas, twenty shares of the par value
of two thousand (S2,OOO.OOJ dollars.
ARTICLE N.-Each share of stock shall
no cumulative voting.
ARTICLE NI.-The Board of Directors
| of said corporation shall be, and are
/ hereby vested with all the corporate pow
| ers of said corporation. including among
other powers the following. viz: The
power to make, alter and amend suitable
| bylaws for the government of said cor
pOration; the power to borrow money.
| execute mortgages. issue notes or bonds
TO sell or pledge the same. and generally
| to do all things pertinent to or neces-
| sary for the objects and purposes Of said
| corporation, or which are or may be per-
mitted by the laws applicable to corpor-
| atiOnS, the above recital of powers granted
| to the Board of Directors not being OK
! elusive. the intention being to vest the
| Board of Directors with all such other
| and further powers AS may he proper to
| accomplish the objects and purposes of
said corporation. Stockholders meetings
for the election of Directors of said cor
pOration shall be held annually on the
third Thursday of April.
| ARTICLE XII.-The President and the
! Vice President. the Secretary and Treas
urer shall he authorized to receive service
of all legal process.
Thus done and signed in my office in
the City of New Orleans. in the presence
Of Harriet Spickert and Roy Raymond.
competent witnesses, both Of this city.
who have hereunto signed their names
with the said appearers - these articles
/ Of incorporation and me, Notary, on the
| date and day first above written. and the
said subscribers do hereby subscribe for
and agree TO pay for the number Of shares
set opposite their several names.
Original signed.) VIM. Bancroft, five
thousand and thirty (5030) shares; vii
liam Dohprtv. nv VIM. Bancroft, his 1gent
twenty (90) shares: T. w. McTowen
twenty (20) shares James r. Zunts. iv'
I (5) shares: WIN. W. westarfiel.i, five o.
shares.
witnesses: Harriet Spickert. Roy Ray
n:ond.
A. W. COOPER. Not Pub.
l. the rnderSign II Recorder Of Mort
cages in and for tfe Parish Of Orleans