The herald., 1921-11-10

United States Of America. State of Lou
isiana, Parish OF Orleans. City OF New Or
leans Re ID known. that on the 9Th dav
of the month of November. in the year Of
our Lord. nineteen hundred and twenty
one. before me. Warren V. Miller, duly
commissioned, qualified and acting notary
public. in and for the Parish of Orleans
State of Louisiana. and In the presence OF
the hereinafter named and undersigned
witnesses personally came and appeared
the several persons whose names are here
unto subscribed and seyerally declared
availing themselves and those they repre-
sent as well as those who may herein
after become associated with them, OF the
general laws OF the State OF Louisiana.
in such cases made and provided. they
have formed and organized, and by these
presents form themselves. as well as those
they represent and such others as may
hereafter become associated with them,
into corporation and body polite In
law. for the object and purposes In the
following articles set forth and expressed
which they adopt as their charter.
ARTICLE I. The name and title Of this
corporation shall he "B-D Implement
Company. Inc" and II shall exist and
enjoy succession by its corporate name
for period Of nenety nine years t99)
from the date hereof with all the rights
privileges and powers now or hereafter
conferred by law upon trading corpora
tons. Its dOmicile shall be In the City
Of New Orleans. and all citations and
president. and in the event Of his inabil-
ity to act, etc, upon the secretary.
ARTICLE III. The capital stock Of this
corporation is hereby fixed at the sum
| Of Five Thousand Dollars (S5.0O0O0), all
| OF which shall be divided into and rem
| resented by Five Hundred shares $500
shares at the par value Of ten dollars
| each. Stock may he paid FOR In money.
| in services rendered the corporation, or
| in property regularly transferred to the
l Or a a dafarminpd
| the Board Of Directors.
| ARTICLE III. The objects and pur-
poses Of this corporation, and for which
| II Is organized are declared to be to &C
quire inventions. patents. rights and per
| mits, and to manufacture and buy and
sell at retail, all articles under same: to
| manufacture plows. cultivators. farm i'm
PIGMENTS, machinery and utensils In gen
/ eral and TO manufacture. buy and sell at
both retail and wholesale. all articles and
| implements used on farms and plantations
| or such machinery as the Board Of Direc-
tors OF the corporation may deem advis-
| able: to act as agent and /or broker for
the sale of such articles and implements
| to erect. conduct and maintain factories
for the manufacture Of such implements
| and accessories thereto: to establish and
| maintain. both retail and wholesale and
brokerage. a selling agency or agencies
for the distribution Of said implements
together with such other articles as are
usually carried In stock by such whole
| sale and retail concerns. or decided by the
Board Of Directors Of this corporation "a
be proper. and in general to do any and
all things pertaining or german TO the
above and foregoing purposes.
| ARTICLE ". The corporate powers
Of this corporation shall he vested In
Board Of Directors. all OF whom will III
necessary to constitute a quorum for the
transaction of business. Said board shall
consist Of three members. and any direc
tor may vote Mt any directors meeting by
proxy to another director for that par
ticular meeting. From the said BOARD o.
Directors shall he chosen a president ant
a secretary. who shall also he treasurer
The first Board Of Directors and offi
GERS Of the corporation shall be elected
Mt the first meeting Of the stakeholder
held after the passing of this charter. AM
the directors and officers 80 elected shal
serve as such until the second Monda,
in January. 1929. or until their successor
are duly qualified and elected.
Meetings OF the stockholders FOR tn
election Of directors shall be held yearl.
on the second Monday in January, begin
ming with the year 1923 and the Boar
, of Directors shall have the right to elec'