The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-17
CHARTER.
CHARTER OF ELLINGTON SUGARS,
INCORPORATED.

leans. BE IL known, mat on thls' the IVln
day of the month Of February, in the year
of our Lord one thousand, nine hundred
and twenty-One. and of the Independence
of the United States of America, the Que
hundred and fOrty-hfthS before me, hay
Ir1ond Ii. Saal. a notary public, duly com
missioned and qualified, within ana Tor
the Parish of orleans, state OF Louisiana,
Vi therein residing, and in the presence Oh
: the witnesses hereinafter named ana uh,
dersigned. personally came ana appeareu
= the several persons whose names are mere,
unto subscribed, who seYerally declared
that, avaling themselves OF the dement, ~ :
and provisions of the Constitution OF the
7 State of Louisiana and Of the laws OF Sald
State relative to the organization OF cor
F. porations. and particularly OF the proNls-
Y ions of Act No. 2G1 of the General Assem-
Il blv of the State of Louisiana for the
= year 1914. they have united 10 FORM ana
2 they do by these presents form ana or
ganize themselves. as Wen as an suCn
y other persons who may hereafter JON OF
: become associated with them or their sue
4 cessOrs, into stock corporation Tor the
objects and purposes and under tht cow
4 uHnts, StIpulatiOnS ana agreements I"l'
lowing. tO-wit:
4 ARTICLE 1.-The name and title of the
corporation shall be Ellington Sugars, Inc.
Z and under and by said name. unless soon
er dissolved in accordance with the law ana
4 this charter. it shall exist ana continue
and shall have and enjoy corporate exist
pnce and succession for a period OF ninety
nine (9gJ years from and after the date OF
this act 1t may have. hold, receive. borrow,
lend. exchange. acquire by grant, gitt or
4 purchase devise or bequest. sell. ALLEVIATE.
4 dispose of, convey, lease. pledge, pawn
4 hypothccatr, cucumber or mortgage prop
erty of any kind, whether real. personal or
. mixed, corporal or incOrpOreal, movable or
immOvable. all subject to such limitations
rs may be prescribed by law. Ii may make
+ issue and endorse bonds or notes and other
evidence of debt. II may accept mort
cages pledges or other forms of security
h for money loaned or other debts. IL may
{ contract, sue and be sued. plead or be I'M
. pleaded by its corporate name III an!
< court of competent jurisdiction. 1t may
4 make, adopt and use common seal ana
, alter the same at pleasure. 1t may hold
/! stock in other corporations, and its capt
tai stock may be issued for capital stock
in other corporations. IL may name. APP
point and employ such managers, dircc-
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 bylaws. rules and
regulations not inconsistent with this char
ter or any existing law, fixing or altering
the management of its property, the regu-
lation and government OF its affairs, ana
the manner of the certifcation and regis
tratiOn of its stock. 1t may wind up and
dissolve itself, or be wound up and dis
solved in the manner provided by law. IL
may conduct business in this 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 immunitfes which corporations are and
may hereafter be authorized to possess I'M
der the Constitution and laws of this State
and particularly under Act No. 26I of the
Acts Of the General Assembly of the state
of Louisiana for the year 1914. And il
shall have the power TO invest its board of
directors with all of its corporate powers,
subject to such restrictions may be
named In this charter.
ARTICLE 1.-THE domicile of this cor
poratiOn shall be in 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
Eice-President or in the event of the alb
sence of both Of said officers, upon the Sec
rotary.
ARTICLE HI-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 |
! States, rs 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 |
of the business 10 be carried on by il are |
hereby declared to be:
Section /. To plant, cultivate. grow, pro-
duce, manufacture, refine. buy. sell i'm
port, export, ship, transport, and generally !
deal In sugar cane, sugar, mOlasses, syrups, |
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 |
rehneries, and any buildings. mills. fac
tories. distilleries. and other works, neces-
sary therefor; TO raise, buy, sell and deal
IN horses, mules, cattle, livestock and
poultry of all kinds and generally to en-
gage In the business of a planter; to build |
buy, rent, sell, establish, maintain. OBJ
crate and conduct sawmills. hotels, stores, |
warehouses, depots, etc, and to do a gen
eral merchandise business.
Section ?. To bi3 in, buy. sell. acquire.
lease. sublet, or farm for its own account
OF for the account of others, real estate
lands and tenemeRts, and to survey, sub
divide and plat shch 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
other lawful improvements as may be need
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 SUBJ drainage district. |
OF Louisiana or elsewhere. |
Section 4. To construct purchase. lease. |
or otherwise acquire and own. maintain /
ana operate steamboats,, sailing vessels /
Darges 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
lci the company, with all necessary side
Fracks locomotives. cars, depots round.
houses and other equipment necessary 10
the operation of said piers, docks wharyes.
tramways, railway. and the trafTic
thereon; provided that this corporation
shall not, without an amendment of this
charter. have the right TO exercise power
OF eminent domain.
Section >. To carry on any other bust
ness which under the law it may be en-
Titled 10 carry on which may seem TO the
corporation calculated directly or indi-
rectiy 10 ehectuate the aforesaid objects or
either OF them. or to facilitate IL in the
transaction OF its aforesaid business or
businesses. or any part thereof or in tho
ion of any other lawful business |
" be calculated directly or indi |
70 enhance the value or to render
pie any of the cOmpany's properties |
rights, and generally 10 hold and ex- |
fcise all such incidental powers and priyi. |
I reyes 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 CANT
tai stock of this corporation is seventeen
nunured ut0O) shares of preferred stock of