The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-17
CHARTER OF THE II. ID. IMPLEMENT
COMPANY INCORPORHTED

United States Of America. State Of Lou.
isiana, Parish of Orleans, City Of New Or
leans. Re II 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. n duly
commissioned. qualified and acting notary
pnhlic. 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 severally 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 aud expressed
| which they adopt as their charter.
ARTICLE l. 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 a period of nenety nine years (99)
from the date hereof, with all the rights.
| privileges and powers now or hereafter
| conferred by law upon trading corpora
| tions. Its domicile shall he In the City
\ Of New Orleans. and all citations and
1
| 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 Mt tho sum
Of Five Thousand Dollars $4,000 O0. all
| of which shall he divided into and rem
resented by Five Hundred shares (5OOl
| 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
PornOrgtiou al bpI ha he
the Board of Directors.
ARTICLE III. The objects and pur-
poses Of this corporation. and for which
IL is organized are declared ~ he 10 ac-
quire inventions. patents. rights and per
mits. and 70 manufacture and buy and
sell Mt retail. all articles under same: Il
manufacture plows. cultivators. farm i'm.
plements. machinery and utensils In gen
eral and 70 manufacture. buy and sell NJ
both retail and wholesale, all articles and
implements used on farms and plantations
or such machinery as the Board Of nirec
tors Of the corporation may deem advis
| able: 70 act as agent and for broker fol
the sale Of such articles and Implements
70 erect conduct and maintain factoriei
| for the manufacture Of such Implement
and accessories thereto: 70 establish an6
maintain. both retail and wholesale and
brokerage. selling agency or agencio
| for the distribution If said implement,
together with such other articles as ar
| usually carried In stock by such whole
sale and retail concerns. or decided by tn
BOARD Of Directors Of this corporation (,
be proper. and in general TO do any an'
all things pertaining or german to tn
above and foregoing purposes.
ARTICLE ". The corporate power
Of this corporation shall be vested in
Board Of Directors. all Of whom will h
necessary to constitute n quorum for IN
transaction Of business. Said board shall
consist Of three members. and any direc
tor may vote at any directors meeting b.
PROXY 10 another director for that par
ticular meeting. From the said Board q
Directors shall he chosen n president an
a secretary. who shall also he treasurer.
The first Board OF Directors and off
Gers Of the corporation shall he electe
at the first meeting Of the stakeholder
held after the passing Of this charter. an
the directors and officers so elected shaI
serve as such until the second Monda
in January. 1923 or until their successor
are duly qualified and elected.
. Meetings Of the stockholders FOR IN
election Of directors shall be held yearl
on the second Monday IN January. begin
! ming with the year 1929. and the Roar
. ot Directors shall have the right to cleo