The herald. [volume] (New Orleans, La.) 1905-1953, 1922-09-28
CHARTER OF CUBAN-LOUISIANA
SUGARS INC

United States of America, State Of Lou
iSiana, Parish of Orleans, City of New Or
leans. Be it Known, That on this sth day
of the month of September, 1922 Before
me. Charles ROsen, Notary Public, duly
commissioned and qualified in and for the
above Parish and in the presence or the
witnesses hereinafter named and under
signed, personally came and appeared the
several persons, all Of the full age OF ma
jOrity, whose names are hereunto sub
scribed, who declared that ayailing 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 associates
and successors a corporation for the OBJ
jects and purposes, and under the condt-
tions and stipulatiOns of the following ar
ticles which they hereby adopt as their
charter tO-wit: $500
ARTICLE 1.-The name and title Of this
corporation shall be Cuban-L Louisiana
Sugars, Inc.
ARTICLE II-Its period of duration
shall be ninety nine years from this date.
ARTICLE III.-The domicile of the cor
poraton 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, and
| 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 Santations, in Cuba, Lou
| isiana. or any ISher, State, Territory or
country; to owl. acquire, lease and oper-
at. sugar refineIves 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 or
| 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 be
carried on by it all the powers conferred
by law upon corporations and shall gen
orally have and exercise all the powers
| necessary or convenient to carry on said
| business. Said corporation shall have full
| power to contract; to sue and be sued, In
| its corporate name; to make ana use u
corporate seal, and the same to break or
| alter at pleasure; to hold, receive. pur-
| chase, rent or otherwise acquire, and 70
| convey, mortgage, hypothecate, lease, sell
| pledge. or otherwise dispose OF property,
| real. personal and mixed. including trade
marks, trade names, labels and patents; 10
| issue bonds. notes. or other obligations,
| to name and employ such managers, dlrec-
| tors officers. agents and employees as the
! 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 and
| affairs Of said corporation as may be
deemed necessary and proper.
| ARTICLE vI-The capital stock OF this
corporation is fixed at the sum of Fifty
Thousand Dollars (S5OOOOOO), divided into
| five hundred 5000 shares Of the par value
| OF One Hundred Dollars s1OOOO per
| share. Fifty per cent (50To) OF the capital
| stock shall be subscribed before the hline
| of these articles Of incorporation and snail
be paid in cash before the corporation
engages in business. The remainder OF
the authorized capital stock when sub,
scribed may be issued by the Board OF
Directors for cash or property received by
or labor done for the corporation. payable
| at such times and upon such terms and
conditions as the board Of directors may