The herald., 1921-08-18
CHARTER OF THE STERLING SUGARS,
INCORPORATED.

united states OF America, state OF LOUIS
lana, Parish Of Orleans, City of New Or
leans, Be it known, that on this, the 18th
day OF the month Of May, in the year of
our Lord, one thousand, nine hundred and
twenty one, and of the Independence of the
United States Of America, the one hundred
and forty-ffth, Dfore me, Eugene ID.
Saunders, a notary public. duly commits
stoned and qualified, within and for the
Parish Of Orleans. State Of Louisiana,
therein residing, and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared the
several persons whose names are hereunto
subscribed, who severally declared that,
availing themselves Of the benefits and
provisions of the Constitution of the State
of Louisiana and of the laws of said State
relative to the organization of corporations
and particularly of the provisions of Act
No. 267 of the General Assembly of the
State Of Louisiana for the year 1914, they
have united to form, and they de by these
presents form and organize sthemselves,
as well as all such persons who may here
after join or become associated with them
or their successors, into a stock corpora
ton for the objects and purposes and
under the covenants, supulations and
agreements following. to-wit:
ARTICLE THE name and title Of the
corporation shall be STERLING Sugars,
Inc.", and under and by said name, unless
sooner dissolved in accordance with the
law and this charter, 1T shall exist and
continue, and shall have and enjoy corpor-
ate existence and succession for a preiod
of ninety nine (99) years from and after
the date of this act. 1t may have, hold.
borrow, lend. exchange. acquire by grant
gift or purchase, devise or bequest. SELL
| ALLEVIATE, dispose of, convey, lease, pledge,
pawn, hypOthcate, cucumber or mortgage
property of any kind, whether real, per-
sonal or mixed, corporal or incorpoeal,
movable or immovable, all subject to such
| limitations as nay be prescribed by law.
| 1t may make, issue and endorse bonds or
| notes and other evidence of debt. 1t may
| accept-mortgages, pledges or other forms
| OF Security for money loaned or other
| ebts. 1t may contract, sue and De sued,
plead or be impleaded by its corporate
| name in any court of competent jurisdic-
ton. 1t may make, adopt and use a COM
| mon seal and alter the same at pleasure.
1t may hold stock in other corporations,
| and its capital stock may be issued for
| capital stock in other corporations. 1t
| may name, appoint and employ such man
| ayers, directors, officers, agents and other
| employees as its said business and con-
| venience may require, and may fix their
| compensation, having due regard to the
nature, character and value of their SER
| vices. 1t may make and establish bylaws,
l rules and regulations not inconsistent with
/ his charter or any existing law, fixing or
altering the management of its property,
| the regulation and government of its af-
| fairs, and the manner of the certihcation
| and registration Of its stock. 1t may wind
| up and dissolve itself, or be wound up
| and dissolved in the manner prescribed
/ by law. 1t may conduct business in this
| state, other states, the Federal Districts
| the Territories and possessions of the
| United States, and in any foreign country.
1t generally shall possess all the powers,
| rights, privileges and immunities which
l corporations are and may hereafter be au-
| thOrized to possess under the Constitution
I and laws of this state, and particularly
lnder Act No. 267 Of the Acts Of the
General Assembly Of the State of Louis
lana for the year 1914. And it shall have
| the power to invest it's board Of directors
with all Of its corporate powers, subject
| to such restrictions as may be named in
this charter.
ARTICLE 1.-THE domIcIIe of this cor
| poration shall be I'm the City of New Or
leans, Parish Of Orleans, State of Louis
| iana and all citations or other legal pro
cess shall be served upon its president, OF
| in the event Of his absence, upon the vice
president, or in the event of the abselce OF
/ 10Th of said officers. upon the secretary.
I ARTICLE I1I-This corporation shall
have the power IS conduct its business iI
all of its branches In any Of the States
Territories, or possessions Of the United
states, as well as in foreign countries, anC
may have one or more offices outside Of the
State Of Louisiana.
The objects and purposes for which tn,
said corporation is formed, and the nature
Of the business to be carried on by 1t arr
| reby declared to be:
Seton !. To plant, cultivate, grow, pro
duce, manufacture, refine, buy, sell, i'm
| ort, export, ship, transport, and generally
| teal in sugar cane, sugar, molasses, syrups
and all the products thereof. and to carr,
on any business incidental thereto, and fol
| the purpose aforesaid, to acquire, con
struct, lease, own, maintain, and operate
sugar or other plantations, sugar or othe
refineries, and any buildings, mills, fac
tories, distilleries, and other works, neces
n sary therefor; to raise, buy, sell and dea
In horses, mules, cattle, livestock ant
poultry of all kinds, and generally to en-
| gage in the business OF planter; to build
buy, rent, sell, establish, maintain, operate
and conduct sawmills, hotels, stores, ware
houses, depots, etc, and to do genera
merchandise business.
| Section Q To bid in, buy, sell, acquire
lease, ssblet, or farm for its own accoun
or for the account Of others, real estate
lands and tenements. and to survey. sub
| divide and plat such lands for the purpos
Of sale or otherwise, and to improve ans
develop the same by the erection of house,
IT buildings thereon, and to do such othe
,'vfnl i'"' oy"ments as may be needful' o
desirable In and about the improvement
or development thereof for any purpos
whatever, and particularly to drain ant
reclaim lands, and for that purpose to Torn
1tia~e or subdrainage districts, or TO o.
any act which an individual might lawful
ly do.
Section 8. To purchase, acquire, receive
; hold, own, pledge, sell and dispose
stocks, bonds, mortgages, debentures
notes and other security or evidence o
Indebtedness of any firm, association. In
dividual or corporation, or Of any state
|. parish, county, ward, drainage or sub
drainage district, or any political sub-di
vision in the State of Louisiana or else
where.
. Section 4. To construct, purchase. lease
or otherwise acquire and own. maintain