The herald., 1921-06-02
CHARTER.
file In the records of my office at New
Orleans, Louisiana.
WILLIAM J. GUSTE.
Al, no Notary Public
ACT OF INCORPORATION OF EVAN.
BELLE PLANTATIONS, MOOR
PORATED.

| BELLE FLaN IAIlONs, MOOR
State of Louisiana, Parish of Orleans.
city OF New Orleans. Be it known, That
on this the 21st day of the month of
Apfll, IN the year of our Lord, one thous-
az anu nine hundred and twenty-one, and
OF the Independence of the United States
| OF America, the one hundred and forty
htth before me, Charles +. Fletchinger a
notary public, duly commissioned and
| quaIned IN and for the City of New Or
leans, Parish Of Orleans, State of Louis
lanar thsetn residing, and in the pres
ence or the witnesses hereinafter named
anu ou Undersigned, personally came and ap-
| peared the several persons whose names
are hereunto subscribed, all of lawful age
and all residents of the City of New Or
leans, State of Louisiana. and availing
| themselves of the laws of the State of
louisiana aVi particularly of Act 267
OF the General Assembly of the State of
| louisiana, for the year 1914, relative to
me organization of corporations, state that
| they nave cOyenanted and agreed and do
| hereby covenant and agree to form them
| serves, as well as such persons who may
become associated with them or succeed
| them into corporation, for the objects
ana purposes and under the following ar
ticles, to-wit:
1CLE THE name of this cor
poration shall be Evan Belle Plantations.
| incorporated, and by said corporate name
1t shall have and enjoy succession for a
| period of ninety-nine (99) years, unless
| sooner dissolved in the manner provided
by law, and under said corporate name it
shall have power and authority to con-
| tract, sue and be sued, to make and use a
| corporate seal, the same to alter or break
| at pleasure, to make all necessary rules
| and regulations for its corporate manage
| ment and control; and it shall have and
| enjoy all the rights, privileges and immuni-
| ties which are now conferred upon or
| which may hereafter be granted TO cor
| poratiOns of the same Kind and char
| acter.
| ARTICLE 1.-The domicile of the cor
pOration shall be in the City of New Or
! leans, State of Louisiana.
ARTICLE III.-The objects and purposes
Tor which this corporation is organized
| and the nature of the-business to be car
| ried on by it are hereby declared to be :
| to own, lease, buy and sell lands and real
| estate and to hold, improve and mort
gage the same to improve lands for gen
eral or special purposes; to purchase, lease
and operate plantations, factories and
| hneries and TO sell and lease the same; to
purchase, sell, construct, lease anu Uperat
said mills, canning factories and ware
houses and to operate switch tracks, rail
roads, barge ana boat lines in connection
| Herewith, to purchase, sell, manufacture,
produce, refine, prepare, import, export,
and generally, to deal in sugar, sugar cane,
mOlasses, syrups and all products or by
products thereof; and to deal in all food
products generally; to plant, cultivate
produce and raise sugar cane, corn. oats,
rice and other food crops; to purchase,
sell. breed and deal in cattle and live
stock of all kinds; to conduct a general
mercantile business, wholesale and retail,
in the State of Louisiana, or elsewhere;
to engage in the business of public ware
hOuseman; to make, draw, endorse bills of
exchange, prOmissOry notes and to issue
bonds. TO sell, assign, transfer. mortgage,
pledge or otherwise dispose of bonds, Sc
curities or shares of capital stock in other
corporations; to own stock in other cor
pOratiOns, to vote the same, and, generally,
to do any and all things incidental or
germane to any of the objects and pur-
poses above specified.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
five hundred thousand dollars, divided into
five thousand 5000 shares of the par
value of one hundred ($1OO) dollars each,
all of which shall be common stock. and
the amount to which the capital stock may
be increased is hereby fixed at the sum
of one million Isl 900, O00OO) dollars; said
stock shall be issued only for cash or
in payment of property or services act
ually received by or rendered to said cor
pOration; and shall be fully paid for at
the time of its issuance and thereafter be
worcestershire.
Said Corporation shall commence bust
ness and become going concern as soon
as four hundred thousand (S4000O0.OO)
dollars of the capital stock shall have been
subscribed and paid for.
The parties hereto hereby subscribe for
the number of shares of the capital stock
of said corporation set opposite their re-
spective signatures hereto, so that this act
of Incorporation shall serve as an origi-
ARTICLE V.-The Evan Belle Company,
Inc, a subscriber to four thousand shares
Of the capital stock of this corporation,
in full payment of said subscription and
in consideration of the further delivery to
it, by this corporation of its eight hun
dred and fifty Six per cent. 70 per Ncent.l
First Mortgage and Vendors Lien Serial
Gold Bonds of this corporation. Of the
md
lars each, numbered one to eight hundred
and fifty, both inclusive, interest payable
annually on the first day Of February of
each year, commencing February l; W.
and maturing at the rate of fifty thous-
and per annum commencing February
/, 1922, up to the year 1881, when the re-
naming four hundred thousand OF said
bonds mature on February l of said year,
will transfer, convey, set over and de-
liver, with full warranty OF titler 20 the
Evan Belle Plantations Incorporated, those
two certain plantations, as presently con-
stituted, with all the improvements there
on. including sugar houses, locomotives,
railroad, mules, etc, known and desig-
mated as the Belle Alliance Plantation
situated in the Parish of Assumption and
the Evan Hall Plantation situated in the
Parish of Ascension, and the directors OF
this corporation do hereby certify ana
declare that said plantations are Wen worth
the sum of twelve hundred fifty thousand
(S125O. 900 dollars, and appraise the same
at that price.
No dividend shall be declared on the
stock of the corporation unless and until
the bonded mortgage indebtedness to be
incurred by this company in the purchase
of the Belle Alliance and Evan-Hall Plan
tations, above referred to in Article V. OF
the charter, shall have been reduced by
payment to four hundred thousand dol
lars; and no real estate belonging to the
corporation shall be mortgaged or alien
ated until the said bonded mortgage IN
debtedness shall have been likewise Te--
duced by payment to four hundred thous-
and dollars; and no Indebtedness, except
as hereinafter provided exceeding in the
aggregate at any one time the sum OF
two thousand dollars shall ever be incurred
by this corporation, except with the unan-
imous consent of the Board OF Directors,
unless and until the bond mortgage in
debtedness herein provided for shall nave
been reduced by payment to four hundred
thousand (s4OO. 0OOO0) dollars.
The corporation may, however, issue
crop liens for annual advances. in excess
of said sum, same to be made Tor the Gull
tivation and making of its crops.
ARTICLE VI-All the powers or TINS
corporation shall be vested In and be ex-
ercised by Board Of Directors of not less
than FIVE shareholders and a majority OF
said board shall constitute a quorum for
the transaction of all business.
A majority of the Board OF Directors
voting in person shall be required to pass
any resolution or adopt any bylaw
which when so passed or adopted snail De- |
come valid corporate acts.
The Board of Directors shall be eiected
annually at general meeting OF the |
stockholders, to be held on the first Tues |
day in July. 1922. and on the same day |