The herald., 1922-12-14
CHARTER

IT,, subscribed. WISE Ransaas
49, mat aYaillng ~" sevvnss q
80 VI tue State Of 1eseves q
r,,"i,r hidue anu prOyids" slshs. 4
sa,,ii,! OF Act 2oi or ahd Ia. Va
Teiattt! Vi the State OF Me Gens,,, n.
forns 70 the Creation -oulsiaks a. "
r',,,, 'a,ion Oh corporatio5s o,salllsu@. u
do bar. anu agreed, ana taey hays u
-, "eieos covenant, agres these ps,oe
A. NJ, vel as M auu bihd
Io.n 'y hereafter become otaer zee
iacts IA iorn corpors,,'ais socisteG
stInnlai, anu purposes under 1h iOt d.
onnY,t iOIlOwing, whi- artielr.
'ueir charter, Tow. laey S.,-S
cnrI,nr.,t,,-,. - ne haIn- az
n,,,iy i,ioh snail be Lscau Title a.
a. sn.ii M ana under its c"s fuf ~
have and H anto power aud spotai, h..
80, anu ENJOY corporate Is,ssIaOtly
heranf ~ ninety 1.-The yss,-Nea In
dation ar "th sooher dissolvsa 'tOn a..
10 contpac ,V'nerWlse. 1t shai, BY lSS
and use a co. ~ sue and be ana nave pos.,
prraS Ina .orporate seal, ana 70 Ia
cei,c' I.nSs same at pleasure. " ste a
mortgage purchase, trsnsts. Aos \
wise disposa - y,o,necate, pleuTs s,sn
mixed, ro TSe Oh property, zeal 9, o. VSs'
A..
Dohus' ana, IL desired ~ poreal; 10 80
hiOitSdsc, TO hoIa s,oos secure una
Pdhlrs' 10 make and ILL Other ~
directors; to make ana ect onlcsr,
suu amend bylaws, ruis. eslablsA, 49,.
loI It's proper gOyerpmsn,A na feguhhs''
uerHled necessary ana mr. as nav
tension Oh the business in LOT ts -
PVrdllon Is engaged ~ winch u.
AK lCLE 1.-The don,o,,.
Poratlon shall be in the SS,e Of hi, n,
ledhs, LOUISIANA; ana sly Of New M
shdll De made upon the M. prso,,
ms dosence, upon the sas,s,uent o.
AhllCLE lIl-The ohiae.af !'lies.s,.'
poses Tor which this ccs1 and pS,
sahlLeu ana created, ana ne
ne BUSINESS 10 be carried a" haen 4
ueCldred 10 be as follows. w W N
10 engage in and eonano.
i ni ,,, business, particpIs,,s esAsa
ing selling and dealing in ,sly Of b0I.
lactured lurs, hlues ana 80, and hl,l.
chase and sale OF said .,,sulsi tAe Nt
mission and otherwise. thu es o. eua.
SAFE vi agricultural prodnc,sp ulehaS q.
SION or otherwise, and oa touns
carrying on of a produce hr.,e eaa
40 ana perform all thipSs aess sAeb
10 or incidental to the ca,,vs sppeflias
proper execution Of the ohiso,s OaI II
poses herelnabOve mentionsg ahe d.
ARTICLE iN-The CAPITAL 49,,
corporation is hereby hxed A. 80 u
one hundred thousand dollar, s,, Mn
ana snail be divided into and NMm
py one Thousand shares of an spt,e aa
dollars ($l00) each. 0ne Auatn
SAID stock shall be paid n,
Its equivalent. "1 ~ easA 4
Thls corporation shall BEGAN.
concern and shall be authori,sS sNH
hence business as soon as an a. " ca
tal stock shall have been suhse,sss,aR
nity per cent Of all stock suhsr,i1.sa ~
IA iact nave been paid for, either \. a w
or i'll its equivalent. ''"'' az
ARTICLE V-The capital stost :, A..
corporation may be increased "a ~ " ua
OF TWO hundred thousand dollar -, ~. ~
oVo.Vol' Dy vote Of two-thirds y, \,
capltal STOCK at a special meeting IN.
Ior that purpose, or at a Regular ,Ss-'
meeting of the eOrporation emu
ARTICLE VI-All certlfes,ss a, -.
ssued by this corporation shah n s,..,
W lne president and eountersgned b IS
secretary treasurer.
The stock of this corporstian a. 1.
transferred only on the books al n. y.
pOratiOn, and subject to such rsvnI.,-..
and fOrmalities as may be hy ~ ~.
of directors from time to time p,s.,,s.1
No stakeholder shall be permIiied "a -
or otherwise dispose Of his steek rs,..
nrst Offering the same in writing a \.
other stockholders, through the 5a,,a :
directors, at price not exceeding 4.
book value thereof; and said stocshsH,.
In proportion to their holdings shsl IN
AN option and first right 10 purthas +
the book value Of such stock, On Dr,s
Der 3lst, last preceding, all the sAars,
stock TO be thus disposed Of b. az z
otherwise Of any Of the stockholders n
said board Of directors shall have W.
of ten days In which to accept Of tsIr
said offer. Should the stockholders t,ln
10 purchase said stock, then such I'd
holder is at liberty TO sell or dispss
the stock, and may do so In any nnn
and at any price he may deem 1T
Each share Of stock ~ issued I'M
upon the condition and understandix ilG
no stakeholder shall sell or s.hlirx
transfer his stock In violation herd M
any such sale or transfer, II msds Aa
be void, and this corporation shall ku
der no obligation 70 list said stock % .
books or to regard the holder Of the o.
tificate thereof.
ARTICLE yII-The corpofsle poFn
of this corporation shall be vested d n
exercised by a board Of not less ihin N
directors, three of whom shall eoasniIs
a quorum for the transaction Of buSlsz
The first board Of directors Of tlls a.
poration shall be composed Of The fo'ss'
ing: z. v. Lacoste, Henry P. Tnliil
Susan p. Lawless, Emile J. Laecsis ram
Elliott, with the following odices:
Lacoste, president; Henry p Iindik
vice-president; Susan p. Lavless sr
tary-treasurer, and they shall serys ny
the second Tuesday In October Mt
until their successors shall N erc1n
The directors shall be elected snnl9
thereafter at a meeting held on ne ~
Tuesday In October after such dih
tice Of said meeting shall oe grsi e
days prior to the date OF said nesnah
writing, sent by mail TO each sioeLaa.-e, =.
at his last know place OF renasnn
board Of directors may change NC ~
said annual meeting to any otnei w ~
written notice to that effect sem "a
ten days prior to the date 70 sns $3.50
annual meeting shall be cnansea' ~ s NJ
by mail to each sfockhoioef' "
known place of residence. Al ~
The directors. when eiecieo, 49, s.,rr,
Office for one year. or unui ~ s.sssa
sors shall have been elected sno ss .;ss Z
and failure 10 hold the annual nen4
stockholders, or to elect anna-H ,.,, 4
tors shall not operate the fs1s.sr
this charter or any rights thereusas
Any vacancy occurring In me 80, 49,.
directors NAV be filed BY me e'''
for the unexpired term. .,a 4
ARTICLE vIII-This charter ~. .slfx
- INSTRUMENTATION NAV be changed mo.'-
altered or amended by ana WIZ sss,t
sent of three -fourths OF al .se "a n
a meeting, general or speciz "a NJ
that purpose; and such amenohss nd
be material or immateriaL se' g,,sdia
o limitation, as may be ~ Nv ,ts 10
and this corporation shall hss ,,si 81
and power TO increase its ~ iurrs..
"a bereinbefore set out, ana sl' n b
Of the capital stock In eace snsust .
amount named herein as tne .sssd NJ
which capital stock may pe ,sis d y
he made by a three-fourths
aRTICLE iX-Any ana .sn ness sssrs
Stockholders referred 10 N ssl,ed b.
90 reau,red nv law, may be car, "a
tan davs' written notice. SEM ,ssdepc
ockbolder at the last place
fnrnished by him to the Pazs,'salut1k
ARTICLE Kin case OF INC MI ar
,,an;dotion- or termination o. ~ as
ter nv limitation or otherwi,xs.. .iS,tA n
Of the corporation shall Pc nsh ~
one or more liQuidators eiec 1sss mo rsl
Thirds vote of the stockhoIas'' gcuIdlisr
nrovide the number Of salu "a q
anS vest them with such po.s,n,tfed y
thority as may be by law p npos ~
ing the terms and concit,o'se ampesn1k
they shall serve. and tneai Sssts ~ Y
abn pO Of any one Of said " tSs rs.
or continue to act on benan |" y.
~attAn OF -