The St. Mary banner., 1921-07-09
CHARTER
BOY BLUE PLANTING Co INC


stoned and qualified, and iu IL" pTrsenc ~
the witnesses hereinafter named md rHdtr
signed personally cane and appeared ne >ry
eraI persons whose name. are hrrrun'o sub
srrbrd am 0t fun ag~ II majority. Who he
ciarrd thai NailT@ themselves Of the pro
visions ~ tie mfs II this stat" relative to
f"e organization Fl r"rporati"n, the' hrr"b'
form themSeitcst and those ~ho may here
after brrume associated with them into a
corporation for the objects and purposes and
under the Stipulation. hereinafter SCI forth
ARTICLE
The name aud title ~ hi, corp ration shall
be TIE ROY BLCE PLANTING co. INC.
and b that name stall cnJN existence and
Succession for Il period u ninety nlnr i""l
Years beginning from date hereof j shall
have power tp contract. SUE and hr Sncd 10
make ana is" corporate seal and the sane
H. break ani alter NJ pleasure. to hald. re-
criyc have. purchase. improve. aIlenHtc. con
ycS. sell. bnrrnw. pl"dgc. mortgage and hypo-
ihccatc. under its corporate name, property
real and personal and mixed n borrow monnf
and issue notes bonds therefor; To name
ana appoint such officers, directors. agcn'~
and managers Of employees dS thr ntrres: and
convenience ~ snid corporation may require
n make ard establish bylaws rules and rc,u-
latirS for the proper management and r@Gua
ton ~ its AFFAIRS. as may he deemed necessary
and proper. and the same to change and alter
At pleasure. to do all other acts and things
permitted by law. or as Shall nr may he nrc's =
sary and proper 70 carry out the objects ana
purposes II said corporation.
The dpmicile of the corporation shall he
Bov Blue Plantation. Parish Of 81 Mary.
State Of Louisiana. and all citations and othe-
legal process shall he served AZ its domicilc
upon the President of the said corporation.
in the event Of his absence, upon the NiCa
President thereof, and in the absence of both
n the said officers. upon the Secretary of the
corporation.
ARTICLE 2.
Objects and purposes
The objects and purposes for which this
corporation is organized and the nature If
the business 10 be carried by il are here
by declared to he as follows, namely:
Section l. To plant. cultivate grow, produce.
manufacture. refine. buy and sell all agricul
tura products or by-products and to carry
on any business incidental thereto: and for
the purpose aforesaid. to acquire, construct.
lease own. maintain and operate sugar. rice
or other plantations. sugar other rcfinerieS,
and mills and any buildings. mills, factories
and other works necessary therefor.
Section 2 To raise, buy. sell and deal in
horses. mules, cattle, and live stock OF All
kinds
section :. To build. buy or rent. sell Or
establish. stores. warehouses depots ueres
sarv for the business aboy" set forth
Section 4 To bid in. sell. acquire, lease.
sub-iet or farm for its account or for
the account OF others. real estate lands. tcnc-
mentS and timber. and To survey. subdvidC
and plat such land for the purpose of sale
or otherwise and 10 improve and develop same
by the erection Of houses thereon and to do
such other lawful improvements as may he
needed or desirable in or about the improve
ments and developments thereof for pur-
poses whatever and particularly to drain and
reclaim lands: install pumping and drainage
plants
Section : To buy sell lease and sublct
pumping plants and equipment for the purpose
of Irritating land owned or leased by this
corporation and To furnish water to persons,
firms or corporations upon terms and agree
ments 10 be fixed by this corporation.
Section d. To purchase, acquire. receive |
hold own. pledge. sell and dispose of stocks |
bonds. mortgages, debentures. notes and other |
securities or evidences Of indrbtedneS of any |
firm. association. individual corporation or
oi any state parish, county. ward. drainage
Visions in the State Of Louisiana or elsewhere |
Dr cub raInage district. or any political d |
Section !. To carry on any other business. |
winch may directly or indirectly affect the
aforesaid objects in order to carry ON the above
mentioned or described business.
ARTICLE 1
Capital Stock.
~ fixed at Forty Thousand One Hundred Dol
The capital stock Of this corporation is here
ars. divided into and represented hy Four
Il One Hundred Dollars (Sl0oO0) each to be
Hundred and One shares Of stock Of the amount
ssued from time TO time by the Board of hi
ectors to such persons in such amounts as
may deem most advantageous to the cor
'oratlon. to be paid for in cash other valua-
'le consideration. when issued. never less than
AT the date Of issuance, and at
10 time less than its par value of One Hundred
Dollars tSi0n.00) per share.
The corporation shall be going concern
when Three Hundred shares of the stock have
,een subscribed and valid consideration paid
herefor.
Transfer Of Stock
If any stock should be offered for sale BY its
legs OF the corporation for transfer the
wrier to anyone else presented TO the Of
'oard or Directors or any stockholders of said
shall have the first privilege to
urchasc same upon the same terms and con
ttons that the owner can secure from an
utslder ,
No stock shall be transferred except on the
o0ks OF the corporation and to person to whom
he share Is transferred shall receipt for same
Stockholders Meeting. /
Stockholders meeting for election Of Directors
hall be held annually as provided in the char ,
r. at the domiclle Of the corporation and /
office thereof must he delivered personally or (
depositing said notice in the post office $
roperiy addressed TO each stakeholder ut least i
fteen days before such meeting A complete :
st OF the stockholders entitled to vote shall /
Q opened to Inspection by the stockholders
least two days before the said meeting at +,
'e place OF said meeting. Other stockholders !
ceilings may be held when ordered by the {
oard Of Directors or the holders Of twenty five .
sr cent OF outstanding stock. Notice Of all | |;
ockholders meetings other than adjourned !
eetngs. shall be given in the manner pre- I
ribed for stockholders meetings for the cleo h
1n OF Directors, unless such notice be waived I;
: unanimous consent provided that no notice Il
required when such meeting is adjourned
a given date a
At all meetings of stockholders, each stock =
'der shall be entitled TO one vote for every ,
are or stock to be east in person or by II
oxy upon all questions affecting all business :,
affairs OF said corporation Z.
ARTICLE 3 y
Board OF Directors -
All the powers Of said corporation shall be n,
sted In and exercised by a Board of Drec- p
s TO be composed Of not less than three nj
more than five stockholders elected annual :,
on the first Monday in January Of each "a
ar. except the first Board appointed in this n,
arfer. which shall hold their office until the I
u Monday In January, 1879. All meetings
the Board shall be held at its domlcile after in
.nty-four hours written notice 10 each Di- b,
tor. issued by the Secretary, stating the al
e and place therefor, or by the unanimous IN
lsent Of all Directors expressed In writing 81
made part Of the minutes.
lny vacancy occurring among the Directors