The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-21
CHARTER OF CUBAN-LOUIsIANA
SUGARS. INC

United States Of America. State Of Lou
isiana. Parish of Orleans. City Of New Or
of the month of September, 1922; Before
me. Charles Rosen, Notary Pubic. duly
commissioned and qualified in and for the
above Parish and in the presence OF the
witnesses hereinafter named and under
signed. personally came and appeared the
several persons, all Of the full age or ma
jority, whose names are hereunto SUD
scribed, who declared that awaiting them
selves of the laws Of this State in such
cases made and provided relative to the
organization of corporations, they do here
by constitute themselves, their associa.as
and successors q corporation Tor the Cd
jects and purposes, and under the cond1-
lions and stipulations Of the following ar
ticles which they hereby adopt as their
charter. to-wit:
! ARTICLE 1.-The name and title OF this
corporation shall be Cuban-Louisiana
Sugars, Inc.
ARTICLE II.-Its period of duration
shall be ninety nine years from this date.
ARTICLE III.-The domicile Of the cor
poration shall be in the City Of New Or
leans. Parish Of Orleans, State Of Louisi-
ana and all citations and other legal pro-
cess shall be served on the President, ana
| in case of his absence or disability, on the
secretary, or as otherwise provided by
law.
ARTICLE Iv.-The objects and pur-
poses for which this corporation Is organ
| lied and the nature of the business to be
| carried on by Ii are hereby declared to be
| to buy and sell. either as brokers, or on
commission, or for its own account; to I'm
port and to export; and to execute either
| for spot or future delivery, orders for the
purchase and sale of sugars, syrups, mo-
lasses, rice, all kinds Of food products
and other articles or merchandise; TO ac-
quire, own, operate, and cultivate sugar
/ rice, and other plantations, in Cuba, Lou
isiana, or any other, State, Territory OF
| country; to own, acquire, lease and oper-
at, sugar refineries or factories, rice mills
molasses and syrup factories aud generally
to engage in the manufacturing business
| of any and all products; to acquire by
| purchase, lease, or otherwise, and 10 char
ter. and operate ships, barges; TANKS, tahs
| steamers and any and all other kinds OF
vessels, and other means of conveyance, In
connection with its business; and gener-
ally to transact any business and do any
thing incidental to or connected with the
carrying out of said purposes.
ARTICLE y.-Said corporation shall
have for the purposes of the business to Dc
carried on by il all the powers conferred
by law upon corporations and snail gen.
orally have and exercise all the power,
necessary or convenient to carry on SAID
business. Said corporation shall have fui
power to contract; to sue and be sued II
its corporate name; to make ana use
corporate seal. and the same to break o.
alter at pleasure: to hold, receive, pur
chase, rent or otherwise acquire. ana q
convey, mortgage, hypothecate, lease, sell
pledge or otherwise dispose or property
real. personal and mixed, including trad
marks trade names, labels and patents: u
issue bonds notes, or other obligations
| TO name and employ such managers, direc
tors officers. agents and employees as TN
interest and convenience Of the corpora
ton may require; and to make such by
laws. rules and regulations for the man
agement and control Of the business am
affairs of said corporation as may D.
deemed necessary and proper.
ARTICLE vI-The capital stock OF thi
corporation is fixed at the sum OF FIT,
Thousand Dollars $3.50. 0.00), divided int
Ave hundred (5OO) shares of the par valu
OF One Hundred Dollars Gl00OO) pc
share. Fifty per cent t50T) OF the capita
stock shall be subscribed before the Min!
of these articles Of incorporation and snal
be paid In cash before the corporatio
, engages in business. The remainder Q
the authorized capital stock when SUP
scribed may be issued by the Board !,
Directors for cash or property received o.
or labor done for the corporation. payabl
! at such times and upon suca terms an
conditions as the board Of directors ma