The herald. [volume] (New Orleans, La.) 1905-1953, 1922-10-05
CHARTER.


/ America the one hundred and forty
I sixth. before me. Watts X. Levcrlch.
/ notary public duly commissioned an'
/ qualified in and for the Parish OF or
! leans State of Louisiana, therein re-
siding. and in the presence of the wit
/ ueSStS hereinafter named ana uhhtI
! signed personally came and appeared
| the several persons whose names are
| hrrruntp subscribed, who declared tn'it
] awaiting themselves Of the laws OF thls
| state relative To the organization ol
| corporations. they have CoScuant"d ana
/ agreed and do by these presents cove
uant, agree bind, form and constitute
| themselves as well as such persons as
I may hereafter join or become associ-
1 ated with them, into corporation OF
: body polite i'm law. for the objects and
! purposes and under the agreements ana
( StipUlatiOHS following. to-wlt-
ARTICLE THE name and title of
| this corporation shall be Bloom son,
Inc. and under its corporal" name II
shall enjoy succession for the fun term
and period Of ninety-nine years from
and after the date hereof, ana snail
have power and authority To contract.
sue and hc sued: to accept and receive
mortgages pledges or other hypotheca-
tionS. To make and use a corporate seal,
and the same 10 break and alter at
plea sure, To purchase, receive, lease,
hold or otherwise acquire and convey,
as well as mortgage and hypOthecate
under it's corporate name, property,
both real personal and mixed, to Dor
row money ana make and issue bonds.
and other evidences of debt, and to Sc
cure the same my mortgage or other
wise: to subscribe to and hold stock
IN other corporations: to acquire, hold
and REISSUE shares of its capital stock;
to carry out all of the objects and pur-
poses hereinafter set out; to name ana
appoint such managers and directors.
officers and agents as the interest and
convenience Of said corporation may
require: and TO make and establish a
well as alter and amend at pleasure
such bylaws, rules and regulations
FOR the management and regulation Of
the affairs Of the corporation as may
he necessary, proper or convenient; ana
generally to do all such other acts and
thOriZed To do under the laws of the
state of Louisiana.
ARTICLE 1.-THE domiciIe Of this
corporation shall be in the parish of
orleans, state of Louisiana, and all CT
tations or other legal process shall be
served upon the president of the COM
uany: or in his absence, upon the vice
president.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganized and the nature Of the business
to be carried on by il are hereby de-
as brokers, agents, commission mer-
chants. principals or otherwise. for ac-
count of itself or third persons rice
and rice by-products of all kinds, sugar
coffee. molaSses and other food pro-
ducts. or articles in the grocery trade.
TO purchase, lease or otherwise acquire
and hold and operate rice mills and
other plants for the manufacture and
preparation for market of rice, rice
products or by-products, or any other
food products: To receive on ConSign-
ment make advances on and handle
rice and rice products and by-products
oil l. 4
other food products or articles of the
grocery trade or agricultural cOmmo-
ditieS. to obtain certificate as public
and carry on business as
such; to buy. sell and deal in sacks, |
Irvine and other merchandise connected
with or incidental to the handling of
any of the commodities above referred
to: to purchase. hold, improve. develop.
sell. mortgage. pledge or otherwise deal
in and dispose of real and or personal |
property; to exchange its entire capital
stock or any part thereof for property
which il is authorized to acquire: to |
exchange its entire assets and business |
or any part thereof, for property. |
stocks, bonds and other obligations of
other companies firms or individuals; |
and generally to do all acts and things |
necessary convenient or appropriate to |
the accomplishment of any of said pur- |
poses or germane thereto.
ARTICLE IV-The presently au-
thOrized capital stock of this corpora
ton is hereby fixed at the sum of |
twenty-five thousand dollars. s25.-
10000. divided into and represented by |
two hundred and fifty shares of the |
par value of one hundred dollars |
tslOO.OO) per share. The amount of |
aid stock may be increas ed to five |
hundred thousand dollars (s500.00O.0 O). /
ARTICLE V-No transfer of stock |
shall be binding upon the corporation
unless and until made and recorded |
lpon its books. The corporation shall |
nave the right to refuse to transfer any |
stock so long as the shareholder de-
indebted to the corporation, and the
shall have a lien, pledge |
md privilege on each share of stock
o secure any indebtedness. due by the
to the corporation.
ARTICLE Vial the powers of this
shall be vested in a board
composed of not less than three nor
more than seven directors. The pre-
Use number of directors within said
limits shall be fixed by the stock
holders at the annual meeting. or at
| special meeting called for that pur-
'ose; provided that in the interval be-
ween stockholders meetings the board
tself may elect additional directors
'ided, if the stockholders shall not have
elected the same. A majority of the
'oard shall constitute a quorum. Said
BOARD of directors shall be elected an
iudIiS al the SlOChLOlueTS UletllnS 10 |
,e held annually at the office of the
corporation on the first Monday of July
# each year, after notice given to each
by mail at least fifteen
lays before the date of the meeting |
addressed to the last designated address
4 the stakeholder: or, if he has desig-
lated no address, to the General De-
livery at New Orleans. Special meet
ngs of the stockholders may be called
~ the board of directors or by the
resident or vice-president at any time |
nd notice thereof shall be given in the
manner provided for annual meetings.;
nay be waived by unanimous consent
Zach share holder shall be entitled to
ne vote for each share of stock stand
ng in his name on the books of the
said vote to be cast in per-
on or by proxy and majority of the
otes cast shall elect. Failure to elect
irectors on the day above specified shall
ot dissolve the corporation but the
irectors then in office shall remain in
ffice until their successors are elected
nd qualify. The board of directors
hall nave power to fill all vacancies
Which may occur or in any manner
rise or be created on the board, even /,
hongh no quorum remain at the time ,
UGH vacancies are TO be filled The
oard shall elect from it's number a
resident, and a vice-president and shall
$50 elect secretary and treasurer who .
nay be the same individual and need
OF be members of the board or stock (
olders; and the board is expressly
uthorized from time to time to dis ,
ense with any of said officers and lor ,
ombfne and /or separate any of them,
nd or elect any other such officers as ,