The herald., 1922-10-05

CHARTER OF CUBAN-LOUIsIANA
SUGARS. INC.

United States of America State of Lou
isiana, Parish of Orleans, city OF New vi
leans BE il Known, That on this Stn uay
of the month of September, W. beioTe
mo Charles ROsen a Notary Public, duly
commissioned and qualified in and Tor the
above Parish and in the presence Oh tne
witnesses hereinafter named ana unuer-
signed. personally came and appeared the
several persons all of the full age OF ma
iority whose names are hereunto SUD
scribed who declared that awaiting them
selves of the laws of this state IN suCn
cases made and provided relative 10 tne
organization of corporations, they do mere
hy constitute themselves, their assoclateS
and successors corporation LOT the o.
jects and purposes, and under the cohuI-
fions and stipulations of the following ar
ticles which they hereby adopt as thelr
charter. tO-wit:
ARTICLE 1.-The name and title OF this
corporation shall be CHAMPIONSHIPS
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 Ut
leans Parish of Orleans, state OF Loulsl-
ana and all citations and other legai 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-
noses for which this corporation is organ
carried on by it are hereby declared to be
to buy and sell, either as brokers, or on
commission, or for its own account 10 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-
0uire, own, operate, and cultivate sugar
rice, and other plantations, in Cupa, Lou
| isiana, or any other, State, Territory or
country; to own, acquire, lease ana Oper-
| at sugar refineries or factories, rice mills
molasses and syrup factories and generally
| TO engage in the manufacturing business
| of any and all products; to acquire by
! purchase. lease or otherwise, and to char-
ter and operate ships, barges, tanks, tank
! steamers and any and all other kinds OF
| 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 V.-Said corporation shail
have for the purposes OF the business 70 "
| carried on by 1t all the powers conferred
bv law upon corporations and shall gen
orally have and exercise all the powers
necessary or convenient TO carry on saII
business. Said corporation shail nave iui
mower to contract; to sue and be sued ii
its corporate name; to make and use
corporate SEAL and the same TO break o.
alter at pleasure: to hold, receive, pur
chase, rent or otherwise ACQUIRE, anu cell II
| ".
nledge. or otherwise dispose of property
real. personal and mixed, including trad
marks. trade names, labels and patents; .
issue bonds, notes, or other obligaiiohs
to name and employ such managers dlrec
tors. officers agents and employees as IN
interest and convenience of the corpora
ton may require; and to make suen oy
laws. rules and regulations for the man
apement and control of the business an
affairs of said corporation as may
deemed necessary and proper
ARTICLE VI-The capital stock or TN
, cornoration Is fixed at the sum OF tlft
Thousand Dollars 100000 divided 1de xa an5
. 80 Owe Hundred Dollars (S100.OO) pc
share Fifty per cent t59%) Of the re- ea dIn
stock shall be subscribed before tne MN III
Of those articles of incorporation ana sha
|, be paid in cash before the CORPORATE
, engages in business. The remainder
, the authorized capital stock when SUI
! scribed may be issued by the Board :,
: directors for cash or property received
4 or labor done for the corporation payao
: AT such times and upon sucn terms an
4 conditions as the board Of directors ms