The herald. [volume] (New Orleans, La.) 1905-1953, 1921-05-26
CHARTER.
file in the records of my office at New
Orleans, Louisiana.
WILLIAM J. GUSTE.
Notary Public.
April 2S-June 2
ACT OF INCORPORATION OF EVAN
BELLE PLANTATIONS, MOOR
PORATED.

fOhaIED.
State of Louisiana, Parish of Orleans,
City of New Orleans. Be IL known, That
on this the 21st 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
nth; 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, thRein residing, and in the pres
ence of the witnesses hereinafter named
and Undersigned, personally came and APP
peared the several persons whose names
are bereunto 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 aud particularly of Act 26l
of the General Assembly of the State of
Louisiana, for the year 1914 relative to
the organization of corporations, state that
they have covenanted 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 a corporation, for the objects
and purposes and under the following ar
ticles, to-wit:
"TCLE The name Of this cor
poration shall be Evan-B Belle Plantations,
Incorporated, and by said corporate name
il shall have and enjoy succession for
period of ninety nine 1907 years, unless
sooner dissolved in the manner provided
by law, and under said corporate name 1t
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 te 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 it are hereby declared to be;
estate and to hold, improve and mort
gage the same, to improve lands Tor gen
eral or special purposes; to purchase, lease
and operate plantations, factories ana re-
fineries and to sell and lease the same; to
purchase. sell. construct, lease and operat"
said mills, canning factories and ware
houses and to operate switch tracks, ran
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,
stock of all kinds; to conduct a general
mercantile business, wholesale and retail,
| in the State of Louisiana, or elsewhere 7;
to engage in the business OF pubic ware.
| houseman; to make, draw, endorse bills OF
| exchange promissory notes and TO issue
bonds, to selk 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 specihed.
! ARTICLE IV.-The capital stock Of this
\ corporation is hereby fixed at the sum OF
| five hundred thousand dollars, divided into
| five thousand (5.0OOl shares or the par
value of one hundred ($lOo) dollars each;
all of which shall be common stock, ana
| the amount to which the capital stock may
be increased is hereby fixed at the sum
| of one million Isl 000.000.OO) dollars; SAID
stock shall be issued only for eash OF
ually received by or rendered TO sald cor.
| poration; and shall be fully paid Tor al
the time of it's issuance and thereafter Dc
non -asseSsable.
ness and become a going concern as SooL
| as four hundred thousand lS4OOVVOVV
dollars of the capital stock shall have Deer
subscribed and paid for.
| The parties hereto hereby subscribe 10
the number of shares of the capital stoci
of said corporation set opposite their re
\ spectiye signatures hereto, so that TINS &C
Of incorporation shall serve as an origi
ARTICLE V.-The Evan Belle Company
Inc. a subscriber to four thousand snare
of the capital stock of this corporation
in full payment Of said subscription am
i'm consideration of the further delivery Q
II. by this corporation of its eight nun
bred and fifty Six per cent. 70 per cent.
First Mortgage and Vendors Lien seris
Gold Bonds of this corporation oo Oh an tn
denomination of one thousand S1,VoOl dol
lars EACH numbered one to eight hunore'
and fifty, both inclusive, interest payapI
annually on the frst DAY OF pe0rIariyo loo y
and maturing at the rate OF nfty thous
and per annum commencing FenruaI
=, /, 1922, up to the year 1881. when the rs
naming four hundred thousand OF sal
bonds nature on February Of said yea
. will transfer, convey, set over ana 1e
liver, with full warranty OF tNler 20 IN
Evan Belle Plantations, Incorporated, tnos
| two certain plantations, as presently con
) stituted with all the improvements there
: on. including sugar houses, locomotve
railroad, mules, etc, known ana aesie
J mated as the Belle Alliance f, lam aU
: the Evan Hall Plantation situated In IN
, Parish of Ascension. and the dlree,ors
, this corporation do hereby certify an
declare that said plantations are well wort
E the sum of twelve hundred fifty thousan
5 (s125O. 900 dollars, and appraise the sam
5 at that price. =,
e l. No dividend shall De ueclareu On "
e stock of the corporation unless and uh.
e the bonded mortgage Indebtedness 70
: incurred by this company In the purenas
) of the Belle Alliance and Evan-hail Z ht
a tations, above referred to In Article v
r the charter shall have been reduced o
: nayment to four hundred thousand DO
lars; and no real estate belonging 10 tI
r CORPORATION shall be mortgaged or amer
;, ated until the said bonded mortgage ~
I debtedness shall have been likewise re
duced by payment to four hundred tnou
a and dollars: and no Indebtedness, excel
y as hereinafter provided exceeding IN u
il ag0reeate at any one time the sum
4 two thousand dollars shall ever be INQUIRE
: nv This corporation, except with the unal
Q imous consent of the Board OF DIRECTOR
unless and until the bond mortgage
y debtedness herein provided Tor snalI ma
been reduced by payment TO -FOUR huhur'
: thousand (s400 000.00) dollars. a..
v The corporation may, however, Iss'
v crop liens for annual advances, IN exec
Il of said sum, same to be MADE Ior tue Gu
II tiyation and making Of its crops. A.,
n ARTICLE VI-An the powers oL u
l. lcorporatjop shall be vested in and De e
a ercised nv A Board of Directors Of not lie
e than Ave shareholders and majority
g. said board shall constitute quorum !
II the transaction Of all business.
l. majority Of the Board OF pirecto
r voting ii, person shall be required to pa
s. any resolution or adopt any oy,m
a which when so passed or adopteo snah
II come valid corporate acts.
q The Board of Directors shall De eiect
le annually at general meeting OF I
a. stockhoiders. to be held on the hrst Tue
re day in July. 1922, and on the same o.