The herald., 1922-10-26
CHARTER.

| Indenendence of the United States of
/ America. the one hundred and forty
! sixth. before me. Watts h. Leverich, a
notary public duly commissioned and
! qualified in and for the Parish OF Or
! leans. State of Louisiana, therein re-
| siding, and in the presence OF the WIZ
! ncSSeS hereinafter named and under
! signed personally came and appeared
3 the several persons whose names are
hereunto subscribed. who declared that,
! awaiting themselves Of the laws OF thlS
( state relative to the organization oil
corporations. they have covenanted and
! agreed and do by these presents cove
nant. agree, bind. form and constitute
/ themselves as well aS such persons rs
! may hereafter Join or become aSSocI-
ated with them. into corporation or
! body polite in law, for the objects ana
purposes and under the agreements and
/ Stipulations following, to-wit:
] ARTICLE THE name and title Of
/ this corporation shall be Bloom son,
/ Inc. and under its corporate name IT
/ shall enjoy succession for the fun term
| and period of ninety-ninc years from
and after the date hereof. ana snail
have power and authority to contract
sue and be sued; to accept and receive
mortgages pledges or other hypOtneca-
tons. to make and use a corporate seal,
and the same to break and alter AT
pleasure; TO purchase. receive lease,
hold or otherwise acquire ana convey,
as well as mortgage and hypothecate
under its corporate name, property,
both real, personal and mixed; TO Dor
row money and make and issue bonds,
and other evidences of debt. and TO Sc
cure the same my mortgage or other
wise. to subscribe to and hold stock
in other corporations: TO acquire, hold
and REISSUE shares of its capital stock.
to carry out all of the objects and pur-
poses hereinafter set out; to name and
appoint such managers and directors,
Officers and agents as the interest and
convenience Of said corporation may
mi 10 md toll. iGh ~
well as alter and amend at pleasure
such bylaws. rules and regulations
for the management and regulation of
the affairs OF the corporation as may
he necessary, proper or convenient; and
generally TO do all such other acts and
things as trading corporations are au-
thOrlZed to do under the laws of the
state of Louisiana.
ARTICLE 1.-THE domiciIe OF this
corporation shall he in the parish of
orleans. state Of Louisiana, and all ci-
tatiOns or other legal process shall be
served upon the president of the com
pany; or in his absence, upon the vice
president
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganiZed and the nature of the business
to be carried on by ii are hereby de-
clared to be: To buy sell and deal in
as brokers, agents, commission mer-
chants. principals or otherwise for ac-
count of itself or third persons, rice
and rice by-products of all kinds. sugar,
coffee, mOlaSSes and other food pro-
ducts. or articles in the grocery trade;
to purchase. lease or otherwise acquire
and hold and operate rice mills and
other plants for the manufacture and
preparation for market of rice, rice
products or by-products, or any other
food products to receive on consign-
ment. make advances on and handle
rice and rice products and by-products
OF all kinds, sugar, molasSeS, coffee and
other food products or articles of the
grocery trade or agricultural commo-
dlueS; to obtain certificate as public |
warehouseman and carry on business as
such; to buy, sell and deal in sacks. |
Irvine and other merchandise connected !
with or incidental 10 the handling of
any of the commodities above referred |
to; to purchase. hold, improve, develop. !
sell, mortgage. pledge or otherwise deal ]
in and dispose of real and or personal !
property; to exchange its entire capital |
stock or any part thereof for property /
which it is authorized to acquire; to |
exchange its entire assets and business
or any part thereof for property I
stocks. bonds and other obligations of /
other companies, firms or individuals |
and generally to do all acts and things |
necessary. convenient or appropriate to /
the accomplishment of any of said pur-
poses or germane thereto.
ARTICLE IV-The presently au-
thorized capital stock of this corpora I
tion is hereby fixed at the sum of .
=.
100000. divided into and represented by .
two hundred and fifty shares of the |
par value of one hundred dollars
SiOO.OO) per share. The amount of
said stock may be increased to five |
hundred thousand dollars (s5OO. OO0. O0).
ARTICLE V-No transfer of stock
shall be binding upon the corporation
unless and until made and recorded .
upon its books. The corporation shall
have the right to refuse to transfer any
stock so long as the shareholder de-
the transfer is in any way
Indebted to the corporation, and the
corporation shall have a lien. pledge
and privilege on each share of stock
to secure any Indebtedness. due by the
shareholder to the corporation.
ARTICLE VI-An the powers of this
corporation shall be vested in a board
composed of not less than three nor
else number of directors within said
limits shall be fixed by the stock
holders at the annual meeting. or at
a special meeting called for that pur-
tween stockholders meetings the board
itself may elect additional directors
within the maximum limit above pro-
vided. If the stockholders shall not have
board shall constitute a quorum. Said
board of directors shall be elected an
nually at the stockholders meeting to
be held annually at the office of the
Oh Tic lllSl hOIludy OF july
Of each year, after notice given to each
stakeholder by mail at least fifteen
days before the date of the meeting
addressed to the last designated address
)f the stakeholder; or, if he has desig-
mated no address. to the General De-
livery at New Orleans. Special meet
ngS of the stockholders may be called
by the board of directors or by the
president or vice-president at any time
md notice thereof shall be given in the
manner provided for annual meetings:
provided that in all cases all notice .
nay be waived by unanimous consent
each share holder shall be entitled to {
me vote for each share of stock stand
ng In his name on the books of the ,
corporation, said vote to be cast in per-
on or by proxy and majority of the [
'otes cast shall elect. Failure to elect !
directors on the day above specified shall
lot dissolve the corporation but the !
directors then in office shall remain in 5
Ilice until their successors are elected 2
ma qualify. The board of directors {
nan nave power to fill all vacancies 7
when may occur or in any manner I
rise or be created on the board, even
hough no quorum remain at the time c
ucn vacancies are TO be filled The G
oard shall elect from its number [
resident, and vice-president and shall s
$50 eject secretary and treasurer who s
nay be the same individual and need
OF De members of the board or stock f
olders; and the board is expressly [
uthorized from time to time to dis Il
ense with any of said officers and lor a
ofnplne and .or separate any of them, O