The herald., 1922-05-11
CHARTER OF
FOREST a MORO PLANTATION. INC

City of New Orleans. BE il known thai
on this thirtieth day of March, in the
year one thousand, nine hundred anC
twenty-five, before me, WILLIAM WAL
LER YOUNG, Notary Public, in and
for the Parish of Orleans, State of Lou
isiana, duly commissioned and qualified
and in the presence of the witnesses
hereinafter named and undersigned, per
sOnally came and appeared the several
persons whose names are hereuntO sub
scribed, all above the full age of ma
jOrity, who severally declared that, avail
ing themselves of the laws of the State
Of Louisiana, particularly Act 267 of 1914
relative TO the organization of corpora
tions, they do by these presents agree
and bind themselves as well as such
other persons as may hereafter become
associated with them, to form and con-
stitute a corporation for the objects and
purposes and under the articles and stip-
ulatiOns following. tO-wit:
ARTICLE l. The name, style and title
of this corporation shall be FOREST x
MORO PLANTATION, INC, and under
that naem 1t shall have and enjoy all
the rights. advantages and privileges
granted by law to corporations, and
shall exist for the full term and period
of ninety-nine years from this date. 1t
shall have power to contract, sue and
be sued; TO make and use Il corporate
seal, and the same to alter and break
chase, sell and convey, as well as mort
gage, hypOthecate and pledge property,
real personal and mixed, corporal and
incorporeal; to name and appoint such
managers, directors, officers, agents and
other employees as its interests and con-
yenience may require, and to make and
establish as well as alter and amend
from time to time such bylaws, rules
and regulations as may be necessary
and expedient for the proper manage
ment and government of the affairs of
said corporation.
ARTICLE III. The domicile of this
corporation is hereby fixed in the City
all citations or other legal process shall
be served upon the President of this
corporation; or, in his absence, upon its
Secretary Treasurer.
ARTICLE III. The objects and pur-
poses for which this corporation is es-
tablished and the nature of the business
to be carried on by 1t are hereby declared
to be: To plant, grow, cultivate, pro-
duce and market, within the State of
Louisiana and elsewhere, rice, corn,
sugar and farm plantation products, and
kindred crops and products of every
nature and description, and to buy, store
sell or otherwise to deal or traffic in
same, either at wholesale or retail; to
hire, lease, purchase. own and operate
farms and plantations, live stock, tools,
implements, machinery, boats, cars and
other property necessary or convenient
for said purposes; and in connection
Herewith to establish a general mer-
camille and planting business within the
State of Louisiana or elsewhere, and to
carry on any other business, planting,
mercantile, manufacturing or otherwise.
which can be conveniently carried on
with any of the company's objects; to
acquire and hold by purchase. lease or
a - Ar.anI
movable, immovable and mixed, and the
same to sell, lease, mortgage, pledge,
1ypothecate or otherwise dispose of in
my and every way whatsoever; to buy,
ease, rent erect, construct, maintain
Ind operate buildings necessary or in |
'tdent to the business herein contem-
dated, and to buy, sell. rent or lease
'eal estate or personal property in the |
course and conduct of said business |
'ither in connection with said business |
n otherwise, and generally to do and |
ransact all business properly connected |
With, incidental or convenient to any of |
he said objects and purposes.
ARTICLE Nv. The capital stock of
his corporation is hereby fixed at the
um Of Two Hundred and Twenty-Five |
thousand Dollars (s225,OO0OO), to be
livided into and represented by twenty
wo hundred and fifty (225O shares, in
he sum of One Hundred Dollars
NANNsNSf
ssued for cash or in payment of prop
rty actually received or purchased by
aid corporation. The capital stock Of
his corporation may be increased to the
um Of Five Hundred Thousand Dollars
$500, OO0O O).
ARTICLE v. All the corporate pow
rs Of this corporation shall be exercised
y Board Of Directors consisting of
hree stockholders, a majority of whom
nall constitute quorum for the trans
ction OF business. The directors NAV
ote In person or by written proxy in
ayor Of another director. The Board of
'irectors shall elect annually from
mong their number a President, a Vice
resident, and a Secretary-Treasurer.
The first Board Of Directors shall con-
LIST Of three stockholders, and shall be
Imposed of George s. Frierson, Richard
Harriss and Henry Lampe, with the
aid George s. Frierson as President.
.ichard T. Harriss as Vice President.
nd Henry Lampe as Secretary Treasurer.
,rs are as follows: George s. Frierson,
% Marine Bank Building, New Orleans,
a; Richard T. Harriss. Is William
treet. New York, N. Y; Henry Lampe,
% Marine Bank Building, New Orleans.
a.
These directors shall serve until the
lird Tuesday in March, 1923. or until
I .
nd qualified. The annual meeting of
ockholders for the election of directors
lall be held on the third Tuesday I'm
arch or each year, unless said day be
legal holiday, and then on the next
ank day thereafter. Any vacancy oc-
lrring among the directors by death,
or otherwise shall be filled
election for the unexpired term by
e remaining directors. Each subscriber
sreto sets after his name his postoffice
idress and statement Of the number
shares Of stock which he agrees to
Re In the corporation. At all elections
cry stakeholder shall be entitled to one
'te Tor each share Of stock standing in
8 name on the books Of the corpora-
on, to be cast In person or by his writ .
proxy. A majority or vne votes cast
all elect
ARTICLE vi. In the event Of the
Iuidation or dissolution of this corner
ION, the stockholders shall elect three !
lufdators from among their number. at :
meeting convened for that purpose 5
ter fifteen Q5) days written notice
mt TO each stakeholder by mail to his {
SC known address; said liauidators Q
all have the authority to wind up the |.
lsiness and affairs of this CORPORATION
case Of the death Of a liauidator, the y
rvivors shall appoint a stakeholder as
ccessor to him. q
VII. This charter NAV be :
odihed. changed or altered, or said :
rporation may be dissolved, with the G
sent or stockholders owning two-thirds a
the entire capital stock at a general /
.eting or the stockholders convened for 5
at purpose, after fifteen Q5) days p
'itten notice shall have been given to a
laA 60 D