The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-24
CHARTER.
CHARTER OF ELLINGTON SUGARS,
INCORPORATED.

day Of the month Of FEBRUARY, in the year
I Of our Lord one thousand. nine hundred
j and twenty-one, and Of the Independence
hundred and forty fifth, before me, Ray
mond III. Saal. a notary public. duly com
missioned and qualified, within ana Ior
the Parish Of Orleans, state OF Loulsl 1a a. !;
therein residing, and in the presence Oh
I, the witnesses hereinafter named ana un,
dersigned, personally came and appeared
the several persons whose names are mere
i unto subscribed who seyerally declared
that aysiling themselves of the dement's
and provisions of the Constitution OF tns
State of Louisiana and OF the laws OF saiu
State relative to the organizatioh ot 11
I porations, and particularly of the proyls-
Z ions of Act No. 261 OF the General Assem-
bIy of the State Of Louisiana Tor the
i year 1914. they have united to form. ana
J, eanize themselves, as well as all such
2 other persons who may hereafter JOIN OF
become associated with them or their SUE
cessors, into a stock corporation ler tue
objects and purposes ana under tue w ~
nants, stipulations and agreements fol-
lowing, to-wit:
ARTICLE 1.-The name and title Of the
corporation shall be Ellington sugars, lnc''
and under and by said name, unless SOON
er dissolved in accordance with the law lawn. anu
this charter II shall exist and continue
f and shall have and enjoy corporate exist
ence and succession for period OF nlhet!
nine 1907 years from and after the date Oh
lend, exchange, acquire by grant glIt OF
purchase, devise or beqaest sell. ALLEVIATE
dispose Of, convey, lease, pledge, paw H.
| hypothecate. cucumber or mortgage prop
erty of any kind. whether real, personal or
mixed, corporal or incorpOreal, movable or
immoyable all subject to such limltatlohs
as may be prescribed by law. Ii may MAKE,
issue and endorse bonds or notes anu otnsi
evidence of debt 1t may accept mort
cages pledges or other forms OF securlt!
for money loaned or other debts. AZ may
contract, sue and be sued, plead or De I'M
pleaded by its corporate name IN any
court of competent jurisdiction. IL may
make, adopt and use common scar anu
alter the same at pleasure. IL may hoiu
stock In other corporauoas, anu stock
In other corporations. Ii may name, aP
point and employ such managers urec
tors, officers, agents and other employees
as its said business and convenience may
require and may fix their compensation,
having due regard to the nature, charac-
ter and value of their services. II may
make and establish by-laWs, r .hss oS anu
regulations not inconsistent with TINS char-
ter or any existing law, fixing or altering
the management Of its property tne regu
lation and government or lts aHairs, anu
the manner of the certihcatlon anu regis,
tration of its stock. 1t may wind up anu
dissolve itself, or be wound up ana uis
solved in the manner provided by law. III
States, the Federal Districts. the Territories
and possessions of the United states anu
in any foreign country. lt generaIiy shali
possess all the powers, rights, privileges
and immunities which corporations are ana
NAV hereafter be authorized to possess I'M
der the Constitution and laws of this state,
and particularly under Act No. 26l or the
Acts of the General Assembly OF 'ne otai !.
of Louisiana for the year 1914. Ana II
shall have the power to invest its board Oh
directors with all of its corporate powers,
subject to such restrictions as may De
named in this charter.
ARTICLE 1.-THE domicile of this cor
poration shall be I'm the City of New Or
leans. Parish of Orleans, State of Louis
lana, and all citations or other legal
process shall be served upon its President
or in the event Of his absence, upon the
Vice President, or in the event of the ab-
sence of both of said officers, upon the Sec
rotary.
ARTICLE III-This corporation shall
have the power to conduct its business in
all of its branches in any OF the States;
Territories, or possessions OF tne ohi npd
may have one or more Offices outside or the
State Of Louisiana.
The objects and purposes for which the
said corporation is formed, and the nature
of the business to be carried on by II are
hereby declared to be:
Section /. To plant, cultivate, grow, pro-
duce, manufacture, rehne, buy. sell, I'M
port. export, ship, transport and generally
deal In sugar cane, sugar, molasses, syrups,
on any business incidental thereto. and Tor
the purpose aforesaid, to acquire, con
struct lease, own, maintain. and operate
sugar or other plantations, sugar or other
reiineries, and any buildings, mills. fac
tories, distilleries, and other works, neces-
sary therefor; to raise, buy, sell and deal
in horses, mules, catle, livestock and
poultry Of all kinds, and generally to en-
gage in the business Of a planter; to build.
buy, rent, sell, establish, maintain, OPP
crate and conduct sawnills, hotels. stores,
warehouses, depots, etc, and to do gen
eral merchandise business.
Section 2. To bid in, buy, sell. acquire,
lease, sublet, or farm for its own account
Of for the account Of others, real estate,
lands and tenements, and to survey, sub
divide and plat such lands for the pur-
pose Of sale or otherwise, and to improve
and develop the same by the erection OF
houses or buildings thereon, and to do such
full or desirable in and about the improve
ment or development thereof for any pur-
pose whatever, and particularly to drain
and reclaim lands, and for that purpose to
form drainage or sub-drainage districts, or
to do any act which an individual might
lawfully do.
Section 3. To purchase, acquire, receive
hold, own, pledge. sell and dispose OF
stocks. bonds, mortgages. debentures, notes
and other security or evidence OF indebted,
ness Of any firm, association. individual
or corporation, or any state, parish, county
ward, drainage or sub-drainage district
or any pOltlcai suD-uiNlSiOu III tue Ctdte
of Louisiana or elsewhere.
Section 4. To construct, purchase, lease
or otherwise acquire and own. maintain
and operate steamboats,. sailing vessels
barges and other water crafts. piers, docks
or wharves, and such lines of tramway or
railway within the State Of Louisiana or
elsewhere as may be convenient, necessary
or incidental to any business or enterprise
of the company, with all necessary side
tracks. locomotives, cars, depots, round
houses and other equipment necessary 10
the operation of said piers, docks, wharves,
thereon; provided. that this corporation
shall not. without an amendment of this
charter, have the right to exercise power
of eminent domain.
Section 8. To carry on any other bust
ness which under the law II may be en-
titled to carry on which may seem to the
corporation calculated directly or indi
rectly to effectuate the aforesaid objects, or
either Of them, or to facilitate II in the
Transaction of its aforesaid business OF
saction of any other lawful business
may be calculated directly or indi-
ktly to enhance the value or to render
Ifohtable any Of the company's properties
and rights, and generally to hold and ex-
ercise all such incidental powers and priv
leges as relate to the objects and purposes
hereinbefore set forth. or as may be neces-
sary. useful or convenient for effecting said
objects and purposes.
ARTICLE Iv.-The total authorized CAPT
tai stock Of this corporation Is seventeen
hundred (1Ioo) shares Of preferred stock Of