The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER.
CHARTER OF SUGAR PLANTERS
SALES AGENCY. INC.


United States Of America. state 81
Louisiana, Parish of Orleans, city of New
! Orleans, BE it known, that on TIN, .iru-
| trcnth day of August in the year nine.
! teen hundred and twenty-five, before Iu,.
! Charles KOSrn, Il notary public iu and for
the above named Parish and State. duIy
| commissioned and qualified. ana in m.
presence OF the witnesses hereinafter
named and Undersigned; personally cam.
/ and appeared the persons hereinafter ~uI-
scribcd ali of fun age. who declared that
! availing themselves OF the laws 81 tins
| state in such cases made ana provided
they hereby form themselves. their a~,o-
| CiateS, and successors into a corporation.
with all the powers and privileges thereof
under the following articles which tE.y
adopt as their Charter, tO-wit:
ARTICLE THE name Of this corpora-
! ton shall be the sugar Planters Sail,
Agency, Inc
| ARTICLE 1.-THE objects and purpo,,,
| for which the corporation is formed and
,he nature OF the business to be carried ON
| by it are hereby declared to be, TIN SAT-.
| and purchase of merchandise especially
sugar and mOlaSScS, ON commission or
otherwise, ana in connection Herewith L.
purchase, rent, or otherwise acquire, AMI
TO own and operate buildings ANA real
estate, plants, tank cars, bargrS vessel.
and other equipments, and generally do
all things incidental 10 or connected with
the above objects and purposes.
ARTICLE I'LL. The amount Of the
capital stock of said corporation is here
by declared to be the sum OF fiyc thuu>-
and dollars (S5,O00.OOJ divided into on,
hundred shares of the par value OF fiity
,%.,OOOD dollars each.
. This company shall be authorized
10 be a going concern aud to commence
business when the full amount ot the
capital stock shall have been subscribed
aud fifty per cent thereof paid in L. this
corporation. The remainder of the stock
50 subscribed shall be paid within the
time prescribed by law, and a. called Tor
by the board of directors.
3. The capital stock of this corpora
ton may be increased up To $4,000. UOl
fifty thousand dollars, in the manner pro-
vided by law.
ARTICLE Iy-The domicilc of this cor
pOratiOn shall be the City OF New or
leans, State of Louisiana. and all cita-
tons and all other legal process shall 10
served upon the president. or in his alb
sence or disability upon the vice president
or as otherwise provided 10y law.
ARTICLE y-The period of duration of
this corporation shall be ninety-niue tgyj
years from this date.
ARTICLE VII. The affairs of this
cooperation shall be managed by. and all
the corporate powers shall be vested ill.,
three directors, elected by the stock
holders at the annual meeting as herein
after provided for.
>. The names of those selected to serve
for the hrst year, or until their Successors
are elected and qualified, are as follows |
tO-wit John y. Nogan, president, of New
orleans, La; William Kern, yice-pr,si-
dent, Of New Orleans, La; T.. j. ROdrigue, |
secretary treasurer, PalnCOurtVilIe, La.
each OF the said directors hereby declares
that he owns i'll his own right at least
hNe full paid and unpledged shares of the J
capital stock of this corporation.
no e a;
poration may at any time be increased up
TO nine members at meeting of stock |
holders called for the purpose as provided
for in Article IN of this charter.
4. The board of directors shall have
full power and authority to make all by- |
laws, rules and regulations for tho con |
duct OF the business of this corporation !
ana 10 NIL any and all vacancies of Officers |
and directors whether by death, resigna-
ton or otherwise.
ARTICLE VII-UpOn the dissolution of
inns corporation. its affairs shall be liaui- |
dated by one or more hquidaturs elected /
by the stockholders i'll accordance with
law.
ARTICLE WILL. The annual meet
Ing of this corporation shall be held on
rne second Monday of January of each
year, or as soon as practicable thereafter
AT which meeting the board of directors
snail be elected except those named i'm
TINS charter, who shall hold Office until |
NV StNbhu -hOuudN OF january. liIi |
until their successors are duly elected and
qualified.
2 As soon as practicable after their
own election, the board of directors shall
elect from their own number q president
anu Nlce-president and they shall also
elect a secretary and treasurer and they
may combine the office of president and
treasurer, and secetary and treasurer. in
one person.
ARTICLE IX-Except as otherwise pro-
'lded by law, ten days notice of all
writing and delivered In person or mailed
10 the last known address of each stock
holder, but such notice may be waived
py unanimous consent. At all stock
holders meetings, each share of stock
shall be entitled to one vote, TO be cast
either in person or proxy.
ARTICLE X-The names and addresses
Oh the subscribers to these articles of in
corporation and statement of the num-
per OF shares OF stock which each agree
70 TAKE In this corporation are as set forth
IN the Undersigned subscription of said
lhcorporators TO this charter.
Ihus done and passed at my office in
The City of New Orleans, State of Louis
lana: IN the day, month and year first
Russell Pool and Louis l.. Rosen compe-
tent witnesses, who have signed these
presents with said appearers, and me, no
lary, after reading Of the whole.
toRIGlNAL SIGNED.)
John a. Wogan, 2OO3 Peters Avenue.
New Orleans. La, 35 shares Sl.1jOO0 IDOL
ars William Kern, 1928 st. Roch Ave.
New Orleans. La, 35 shares S1T5OOO;
Edward j: Rodrigue, Paincourtville. La,
70 shares, s1,5O0.0O.
witnesses: Russell Pool. Louis L. Ro-
ten.
(SeaD CHARLES ROSEN.
Notary Public.
j. the undersigned Recorder of Mort
RACES. in and for the Parish of Orleans
state of Louisiana, do hereby certify that
ne above and foregoing act of incorpoar-
ION or the Sugar Planters Sales Agency.
nc, was this day duly recorded in my l.
'fice, in Book No. 1919 folio =.
New Orleans, La, August 10Th. 1922.
(Signed) ROBT. SCOTT.
Deputy Recorder.
1 certify that the above and foregoing
true and correct copy of the original
IN ME In my office in this city.
-. Witness my hand and official seal at
New Orleans, La, this 10Th day of Au-
'ust, 1922.
(SeaD CHARLES ROSEN.
Notary Public.