The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-11
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 1
Saunders, 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 seyera1ly declared that,
avaiing 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 do by these |
presents form and organize themselves, |
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, stipulations 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, it 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-
movable or immovable, all subject to such
limitations as may be prescribed by law.
1t may make, issue and endorse bonds or
notes and other evidence Of debt. 1t may
IL
Of security for money loaned or other
iebts. 1t may contract, sue and be sued
plead or be implicated 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,
rules and regulations not inconsistent with
mis- charter any existing law, fixing or
altering the management OF its property.
/ the regulation and government Of its af
( fairs, and the manner of the ccrtiication
/ and registration of its stock. 1t may wind
up and dissolve itself, or be wound up
| and dissolved in the manner prescribed
Il
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
corporations are and may hereafter be au-
thorized to possess under the Constitution
\ 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 1t shall have
| the power to invest its board Of directors
with all Of its corporate powers, subject
to such restrictions as may be named in
| this charter.
| ARTICLE 1.-THE domicrIe Of this cor
/ Doration shall be in the City of New Or
leans, Parish of Orleans, State of Louis
lana, and all citations or other legal pro-
| cess shall be served upon its president. or
| in the event Of his absence, upon the vice
president, or in the event of the abselce of
9th of said officers, upon the secretary.
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 the United
,tates, as well as In foreign countries, and
| may have one or more offices outside Of the
State of Louisiana.
The objects and purposes for which the
said corporation is formed, and the nature
4 Of the business to be carried on by It are
4 -eby declared to be:
Seton 1. To plant, cultivate. grow, pro-
duce, manufacture, refine, buy, sell, i'm
'ort, export, ship, transport, and generally
| Ieal in sugar cane, sugar, molasses, syrups.
1 and all the products thereof, and to carry
on any business incidental thereto. and for
the purpose aforesaid, to acquire, con-
| struct, lease, own, maintain, and operate
/ sugar or other plantations sugar or other
| re6neries, and any buildings, mills fac
tories, distilleries, and other works. neces-
| sary therefor; TO raise, buy, sell and deal
| i'm herses, mules, cattle, livestock and
poultry of all kinds, and generally to en-
| age in the business or a planter: to build
buy, rent, sell, establish. maintain. operate
| and conduct sawmills, hotels, stores, ware
houses. depots, etc, and to do general
merchandise business.
Section 2. To bid in, buy, sell, acquire,
lease, sublet, or farm for its own account
or for the account of others, real estate.
lands and tenements, and to survey, sub
kdivide and plat such lands for the purpose
Of sale or otherwise, and to improve and
develop the same by the erection of houses
IT buildings thereon, and to do such other
a-~fpi a., ments as may be needfnl or
desirable in and about the improvements
or development thereof for any purpose
whatever and particularly to drain and
reclaim lands and for that purpose to form
/ or subdrafnage districts, or TO do
any act which an individual might lawful
Section g. To purchase, acquire, receive,
/ hold own, pledge, sell and dispose OF
stocks, bonds, mortgages, debentures.
| notes and other security or evidence OF
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