The herald., 1921-04-28
CHARTER.

First Mortgage and Vendors Lien serial
Gold Bonds of this corporation o0 on d III
Denomination of one thousand (Sl,VOV) uoi,
Inru each numbered one to eight hundred
and fifty both inclusive, interest pay az
annually on the first day OF feDru"i yyoSp
each year, commencing reDt tfyv tbnns-
and maturing at the rate or hltE tnous
and per annum commencing fepludi!
| /, 1922. up to the year 1881, WnSh &c ,H aid
| naming four hundred thousaRu "a "a ar
bonds mature on February Oh saiu a.
| will transfer convey, set over anu "
| liver. with full warranty OF tltler " &
| Evan Belle Plantations, Incorporated, mus
| two certain plantations, as presently .o
! stituted. with all the improvements t ntre
on including sugar houses, locO gsig
| railroad mules etc, known ana u .t;an
mated as the Belle ai All aHsumntinn and
! the Evan Hall Plantation situated IN nv
Parish of Ascension, ana tne uireit and
! this corporation do HEREBY certuy o uh
declare that said plantations are MeIi n "a
| the sum of twelve hundred hfty thousanu
! ($I25O.OOO dollars, and appralse Tie S"'i''
| at that price. , ,,,,,.o5 on III.
stork of th, corporation unless and uhtll
! the bonded mortgage Indebtedness " D
| incurred by this company IN th9 p ~ Dian
of the Belle Alliance and ESaH Hrtiaia Y of
tations above referred TO IN Artlclt
| tha charter, shall have been reuucsu "
| payment to four hundred thousahu ~
lars: and no real estate belohgihs W ,;n
| cOrporatiOn shall be mOrtgaSed or am: y.
! otad until the said bonded mortgage IN
| debtedneSs shall have been likewise r.
duced by payment to four hundred tnous
! and dollars: and no indebtedness, except
oS hereinafter provided exceeding IN tne
aggregate at any one tise the sum y,
two thousand dollars shall ever be lhcurrtu
by this corporation eNGsP "rd Ti of directors.
unless and until the bond mortgage IN
debtednpss herein provided for shall nave
been reduced by payment TO Tour huhui'"
thousand (S400,OOO.OO) dollars.
crop liens for annual advances, IN excess
of said sum, same to be made for the cul-
tivation and making of its crops. u,;.
| ARTICLE VI.-All the powers OF thlS
! cornoration shall be vested in and be eN-
ercised by Board of Directors OF not ieHS
than five shareholders and majority Oh
said board shall constitute quorum ioi
the transaction of all business ,,.--
| A majority of the Board OF DIRECTORS
voting in person shall be required 10 pass
any resolution or adopt any sb.,u he.
| which when so passed or adcPleu SH'ii Nv
come valid corporate acts. ,.,a
The Board of Directors shall be elected
annually at general meeting 81 IT, .m
= stockholders. to be held on the hrst l1ts
day in July 1922, and on the same ia!
and month in each succeeding year, altti
ten DAYS written notice mailed 10 eacI
stockholder at his last known Nv th heu rornora
lion unless such notice be waived III writ
! ing by all the stockholders appearing AZ
such on the books.
! ! The failure. however, from any CAUSE u
hold the annual meeting. shall not op
| crate the forfeiture of this charter no
| impair the corporate management: put IN
| directors and officers then IN once shhi
! serve until their successors have been dul!
| elected qualified and installed. ANY va
cancy in the Board of Directors shal %
2 filled for the unexpired term by the re-
. | naming directors.
The officers of the corporation shall con
] sist of "A president. one or more vlce-presl
i, dents, secretary and treasurer.
There shall also be a general manager
) who may or may not be member Oh IN
: BOARD of Directors. There shall also D
l a chairman of the Board of Directors, Wh
: shall preside at I'll meetings thereof.
= The office of president ad general man
aver or vice president and general man
! ager may be combined; and the once o
secretary and treasurer may be held D.
one and the same person uhder the mann
of secretary treasurer.
ARTICLE yII.-The first Board of ID
rectors and officers, who shall serve III
8 til the annual meeting to be held on III
n first Tuesday in July. 1922. shall con
sist of Charles f. Thibodaux. Belle-Alli
8 ance p o. La. who shall be president an
q general manager: ]. c. lie Bourgeois To-
State St. New Orleans. La, who shail %
first vice-president and chairman OF IN
board: August Lasseigne, Laplace, La
who shall be second viee-president; I:
- Stouse. $50 Broadway. New Orleans. La
Henry 1920 SOniat ST., New Orleans, La
- director; J. l. Rodrigue, Mccall +: q. La
director: Herbert c. Homeyer, 5i15 Dane
y ST. New Orleans La, director.
ARTICLE VIII.-No present or futul
holder of the capital stock of this col
poration shall ever sell. assign. or trans
fer (other than by inheritancel, any {
the stock of the corporation; until the san
Is, shall have first been offered, in writing,
AT the remaining stockholders, through Il
OF Board of Directors. for a period OF te
IS, days. at a fixed value. 1t shall be tt
nd duty of the Board of Directors prompt
es on receiving an offer of sale of any OF II
y stock of the corporation, to communica
a the same to the ether shareholders.
Id | writing. through the secretary OF the co
r. poration. and each of the said sharehol'
is ers shall be entitled to purchase such pr
es- portion of the stock so offered for sale
ed the number of shares owned by him or he
p at the time, bears to the number of shar
les owned by all other stockholders desirir
ge to participate in the purchase: III sa
,r- offer be not accepted by the other snaI
ng holders, within the time above prescribe
of then such shareholders desiring to $
70! shall be entitled to sell and transfer b
OF stock to such person or persons as he
nat price at which he or she has offered sa
do stock to the other shareholders. No 50
m under foreclosure attachment or 9th
lay process or by virtue of any power of 1
eed torney, pledge or hypothecation. sh
cts validly be made of the stock OF the &C
ar poration until the foregoing requiremeI
have been complied with by the perss
I'm or persons. firm or corporation provoke
NJ such foreclosure sale. The provisions
ms, ms, this article shall be printed upon the ia
me of each certificate of stock.
ess ARTICLE IX.-No shareholder of Il
led corporation shall ever be held liable
|. ii responsible for the contracts or faults
on this corporation in any further sum tn
2 a the unpaid balance due upon the shal
FAX of stock subscribed by him nor shall a
lies mere infOrmality or irregularity in
ge- organization have the effect of renderi
md any shareholder liable as partner.
nj This act of incorporation may be amer
or ed and the corporation dissolved and its
or fairs liqudated, provided for unt
ar Act 267 of the General Assembly OF
State of Louisiana for the year 1914
r Thus done and passed at my office
~ VI the City of New Orleans, Louisiana, on
'i day. month and year first hereinabt
written. in the presence of Messrs.
ses Schilleci and +. Woringen, compet'
zed witnesses. who hereunto sign tn
ar names, with said appearers and me,
be tary, after due reading of the whole. a
cal the said appearers have hereunto sign
'rt- opposite their names the number of shal
en- of this corporation subscribed by them
ase ORIGINAL SIGNED:
re- Names of subscribers omitted).
to Witnesses: s. Schilleci. Il. Woringen.
ate CHARLES +. FLETCHINGER.
Ire Notary Public
all 1. the undersigned, Recorder of Mo
ion cages hereby certify that the above a
Ire, foregoing Act of Incorporation of Ey:
OFT, Belle Plantations, Incorporated. was {
me, day duly recorded in my Office in Be
by. 1853, folio, New Orleans, La, April