The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-25
CHARTER.

under the articles and stipulations fol
u lowing, tO-wit:
ARTICLE l. The name. style and title
l of this corporation shall he ARDOlNE
, PLANTING CO, INC. and under that
name ii 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. Ii shall have
power to contract, sue and be sued; 10
make and use corporate seal, and the
same 10 alter and break at pleasure; TO
hold, receive, lease, purchase, sell and
convey. well a. mortgage. hypothecate
!. and pledge property. real personal and
mixed corporal and incOrpOreal: to
name and appoint such managers, direc-
tors. Officers agents and other EN-
ployceS a its interests and convenience
may require. and to make and establish
as well as alter and amend, from time
to time. such bylaws. rules and regu-
latiOnS As may be necessary and eNpe-
dent for the proper management and
government of the affairs of said cOrpor-
alton.
ARTICLE H. The domicIIe of this
corporation il hereby fixed in the City
! of New Orleans. State of Louisiana. and
| 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 il are hereby de-
| Clared to be: To do general plantation
/ business: TO plant grow. cultivate. pro
/ duc". buy. import. manufacture. refine
| sell, export and market within the State
| of Louisiana and elsewhere. rice. corn,
= sugar. and farm and 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
buy and sell contracts for the future de-
! livery of sugar; To hire. lease. purchase. !
own and operate farms and plantations. !
live stock. tools. implements. machinery, |
boats, ears and other property neceS-
sary or convenient for said purposes !
and in connection Herewith to establish |
general mercantile and planting bust |
ness within the State or elsewhere. and |
TO carry on any other business. planting |
mercantile. manufacturing or otherwise /
which can be conveniently carried on /
with any Of the companyS objects; 10
own and operate Il CommiSSary: to ac-
quire and hold by purchase lease or
otherwise. property. real aud personal
movable. immovable and mixed. in the
state of Louisiana and elsewhere and
the same to sell, lease, mortgage. pledge.
hyp"theCate or otherwise dispose of in
any and every way whatsoever: to buy.
lease rent, erect. construct. maintain and
operate buildings necessary or incident |
to the business herein contemplated, and
TO buy. sell. rent or lease real estate or
personal property in the course and con-
duct OF said business. either in cOnnec-
and generally to do and transact all bust
ness properly connected with. incidental
or convenient To any Of the said objects
and purposes.
this corporation is hereby fixed at the
sum of Two Hundred Thousand Dollars |
S2OO,OOOOO). To be divided into and rep |
resented by Two Thousand (2OOO) Shares
lSlO.OO) each; said stock shall only be {
issued for cash or i'm payment of prop |
'rty actually received or purchased by c
'aid corporation. The capital stock OF .
his corporation may be increased to the d
$500 OOOOO).
ARTICLE V. All the corporate pow {
RS of this corporation shall he exercised Il
~ a Board Of Directors consisting of four :
tockholderS, majority of whom shall a
onStitute quorum for the transaction Il
4 business: The directors may vote in
ers1n or by written proxy in favor of D
prs shall elect annually from among r.
heir number a President. a Vice-Presi7 81
ent' and Secretary Treasurer. al
The first Board of Directors shall con- r,
omposed of r. II. Barrow, u. NJ Kill OF
atrlck, Horace BrOwnell and George IN
celery, with the said II. r. Barrow as al
resident, ID NJ. Fitzpatrick as Vice bl
RESIDENT, and George Delery as Secre- d,
The postOffce addresses of said direc- pl
'rs are as follows: r. II. Barrow, 1898
l. oharieS avenue, New Orleans. La; t1In
rownell. 2202 General Pershing street, di
ew Orleans. La; George Delery, 6341 OF
est End boulevard, New Orleans. La Is
These directors shall serve until the t De
lird Tuesday in April. 1923, or until m m
Id qualified. Failure to hold an election po
the day specified shall not dissolve 9 9e
e corporation, but the directors shall w
Did their respective offices until an ~
ection shall be held after thirty davis u.
'tlce or the time and place thereof In,
ven to each stakeholder by written ah
'tice mailed to his last known address s sn
e election of directors shall be held ~,
the third Tuesday in April of each nm
ar, unless said day be a legal holiday. Pe
"a then on the next bank day there Vi
ter Any vacancy occurring among the
rectors by death, resignation or other ~
se shall be filled by election for the ~ ~
expired term by the remaining direc- t tn,
RS. Each subscriber hereto SETS after toI
5 name his pOstoffce address and me
itempnt or the number of shares Of "a;
Dck which he agrees to take in the III ~
rrporatlon AT all elections every stock d die
lcer shall be entitled to one vote for uII
IN snare OF stock standing in his name NJ
the books of the corporation, to be VIZ
st In person or by his written proxy. $40
majority OF the votes cast shall elect on on
ARTICLE VI. In the event of tbo ba
uidation or dissolution of this corpor rio,
on; the stockholders shall elect three 10;
uidators from among their number at not
meeting convened for that purpose hoo
er hfteen I'D days written notice knc
Il to each stakeholder by mail to his cleo
known address: said liauidators Yea
III have the authority to wind up the bee
'lness and affairs of this corporation fail
case or the death of a liquidator. the fort
VlvOrs shall appoint a stakeholder as occl
cessOr to him Us bv Nv
.RTICLE VII. This charter NAV he exp
dlhed, changed or altered, or said wis,
poratlon may be dissolved with the they
ent or stockholders owning two-tbirds nun
the entire capital stock at a general at
lung OF the stockholders convened for nom
purpose, after fifteen Q5) days' Tree
tteh notice shall have been given to reta
stockholder, mailed to him at his to
known address. said
RTICLE VIII No snh.o.,L Seer
tracts, faults or debts oS Ia lne appt
alton in any further snn, ,L III ager
aid balance II ony A. - man the pora
n on the stock for Ih;ob 'ne corpor- the
bed; nor shall anv stocLhoId SUI quir
held liable for sucb contrao.s emp
ueots IN any further sum than the Iurl
ala balance, If any, on the stock plre
go oy him; nor shall any mere in nave nave
IaIlty In organization have the effect ihStr
rendering this charter null, or rem hoid
ns any subscriber or stockboIdar steaC
~ beyond the unpaid amount. ~ any Boar
aiI due on his stock. Al
us corporation is organized undar ever
,aMs OF the State of Louisiana. and lne
han ACT 26I Of 1914 and the sub corp.
,oration lor themselves and said n l.h ~
e.