The herald., 1921-05-12
BELLE PLANTATIONS, MOOR
PORATED.

ACT OF INCORPORATION OF EVAN
BELLE PLANTATIONS, MOOR
PORATED.
State of Louisiana, Parish of Orleans
City OF New Orleans. Be it known, That
on this the 2lst day of the month of
April, in the year Of our Lord, one thous-
and nine hundred and twenty-one, and
of the Independence of the United States
OF America, the one hundred and forty
fifth; before me, Charles +. Fletchinger, a
notary public, duly commissioned and
qualified in and for the City of New Or
leans, Parish of Orleans. State of Louis
lana, therein residing, and in the pres
ence of the witnesses hereinafter named
and 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 aYf particularly of Act 267
OF the General Assembly of the State of
Louisiana, for the year 1914, relative to
the organization Of corporations, state that
they have coyenanted and agreed and do
hereby covenant and agree to form them
selves, as well as such persons who may
become associated with them or succeed
them into corporation, for the objects
and purposes and under the following ar
ticles, to-wit:
"TICLE 1.-The name Of this cor
poration shall be van-Belle Plantations,
Incorporated, and by said corporate name
il 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
for which this corporation is organized
and the nature of the business to be car
ried on by il 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 re-
| tineries and to sell and lease the same; to
purchase, SELL construct, lease and operate
| said mills canning factories and ware
| houses and to operate switch tracks, rail-
roads. barge and 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 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 Iy.-The capital stock Of this
corporation is hereby fixed at the sum OF
five thousand (5.00Ol shares of the PAL
value of one hundred (S100) 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 600. 000.O0) dollars; said
| stock shall be issued only for cash oil
in payment of property or services act
ually received by or rendered TO sang cor
the time of it's issuance and thereafter bt
| worcestershire.
Said corporation shall commence bust
ness and become a going concern as soof
as four hundred thousand lS4oOUOOO
dollars of the capital stock snail nave peer
subscribed and paid for.
The parties hereto hereby subscribe FOL
the number of shares of the capital stoci
of said corporation set opposite their re
spective signatures hereto, so that this &C
Of incorporation shall serve as an origi
nal subscription.
ARTICLE v.-The Evan-Belle Company
Inc, a subscriber to four thousand shares
al nf
in full payment of said subscription ant
in consideration of the further delivery u
it. by this corporation of its eight nun
dred and fifty Six per cent; 70 per S Sent
Gold Bonds of this corporation OF IN
denomination Of one thousand (Sl.VOOl doi
lars each, numbered one to eight hundret
and fifty, both inclusive, interest payabl
annually on the first day of February Q
each year. commencing February i, lsZ2
and maturing at the rate OF nifty thous
and per annum commencing feoruar.
/. 1922 up to the year 1881, when the re
naming four hundred thousand of SAT-
bonds mature on February i OF SAID year
will transfer, convey, set over ana de
liver, with full warranty OF utter 10 ,, In
two certain plantations, as presently con
. stituted, with all the improvements there
J on, including sugar houses, LOCOMOTIVES s
. mated as the Belle Alliance Plantation
situated I'm the Parish of Assumption ant
the Evan Hall Plantation situated In tn
Parish of Ascension, and the directors o
this corporation do hereby certify an
declare that said plantations are well wort
the sum of twelve hundred fifty thousan
(S125O 900 dollars, and appraise the sam
at that price.
No dividend shall be declared on IN
/, stock of the corporation unless ana untl
the bonded mortgage Indebtedness TO
incurred by this company in the purcnas
of the Belle Alliance and Eyan-Haii ran
, tations, above referred to In Article y :,
! the charter, shall have been reduced D.
[ payment to four hundred thousand DO
: lars; and no real estate belonging 10 IN
} corporation shall be mortgaged or alien
ated until the said bonded mortgage IN
| debtedness shall have been likewise re
duced by payment to four hundred thous
and dollars; and no Indebtedness, excep
: as hereinafter provided exceeding IN IN
| | aggregate at any one time the sum 9
two thousand dollars shall ever De lncurre
|, by this corporation, except with the unan
! imous consent of the Board OF Directors
unless and until the bond mortgage II
: debtedness herein provided for snail nav
J been reduced by payment to four hundre
thousand (s400, 100000 dollars.
The corporation may, however, issu
crop liens for annual advances, In exces
: of said sum, same to be made for the GU
, tiyation and making Of its crops.
: ARTICLE Wall the powers Of thi
, CORPORATION shall be vested In and be e1
) ercised by Board of Directors OF not les
, said board shall constitute quorum 10
, the transaction of all business.
majority of the Board Of Director