The herald., 1922-05-18
CHARTER.

under the articles and stipulations fol-
lowing, to-wit:
ARTICLE /. The name, style and title
of this corporation shall be ARDOlN NE
PLANTING CO, INC, and under that
name it shall have and enjoy all the
rights, advantages and privileges granted
by law to corporations, and snail exist
for the full term and period OF ninety
nine years from this date. 1t shall nave
power to contract. sue and be sued 10
make and use corporate seal, ana the
same TO alter and break mt pleasure to
hold, receive. lease, purchase, sell and
convey, as well as mortgage, hypothecate
and pledge property. real, personal and
mixed corporal and incOrpOreal; TO
name and appoint such managers, dlrec-
tors, officers agents and other EN-
plOyees as 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 eXpe-
dent for the proper management and
government of the affairs of said corpor-
alton.
ARTICLE ii. The domicile of this
corporation is 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-
taDllSneu ana the nature OF lne DuSlueSs
to be carried on by it are hereby de-
clared to be: To do a general plantation
business; to plant. grow, cultivate, pro-
duce. 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,
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, cars 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; to
own and operate cOmmiSsary: TO ac-
quire and hold by purchase, lease or
otherwise, property, real and personal.
movable, immovable and mixed. in the
State of Louisiana and elsewhere. and
the same to sell, lease, mortgage, pledge,
hypothecate 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-
ton with said business or otherwise;
and generally to do and transact all bust
ness properly connected with. incidental
or convenient to any of the said objects
and purposes.
ARTICLE Nv. The capital stock of
this corporation is hereby fixed at the
sum of Two Hundred Thousand Dollars
$500. 00O.OO), to be divided into and rep
resented by Two Thousand (20OO) Shares
in the sum of One Hundred Dollars
100000 each: said stock shall only be
issued for cash or in payment of prop
said corporation. The capital stock of
this corporation may be increased to the
sum of Five Hundred Thousand Dollars
$500, 600 00).
ARTICLE V. All the corporate pow
ers of this corporation shall be exercised
by Board Of Directors consisting Of four
a majority of whom shall
quorum for the transaction |
Of business. The directors may vote in
person or by written proxy in favor of |
another director. The Board of Direc- |
tors shall elect annually from among |
their number a President, a Vice-Presi- |
dent, and a Secretary Treasurer.
The first Board Of Directors shall con-
of r. r. Barrow, d. NJ. Kill
patrick. Horace BrOwnell and George |
Delery, with the said r. r. Barrow as
President. ID. NJ. Fitzpatrick as Vice.
Il
tary Treasurer.
The postoffice addresses of said direc-
tors are as follows X. r. Barrow, 1888 |
st. Charles avenue. New Orleans. La. |
ID. NJ. Fitzpatrick. Houma, La; Horace |
Brownell, 2202 General Pershing street |
New Orleans, La; George DeIery, 634i |
West End boulevard. New Orleans, La. |
These directors shall serve until the
third Tuesday In April, 1923, or until |
their successors have been duly elected
On the day specified shall not dissolve |
the corporation, but the directors shall
hold their respective offices until an
election shall be held after thirty days |
given to each stockholder by written
notice mailed to his last known address. |
The annual meeting of stockholders for |
the election Of directors shall be held |
year, unless said day be legal holiday, |
and then on the next bank day there |
after. Any vacancy occurring among the |
directors by DEATH resignation or other |
unexpired term by the remaining direc- |
tors. Each subscriber hereto sets after |
his name his postoffice address and |
statement of the number of shares Of
stock which he agrees to take in the |
corporation. At ali elections every stock =
holder shall be entitled to one vote for
each share of stock standing in his name
on the books of the corporation, to be
Cusl III ptEsOn OF ny HIS WTltten PROXY.
majority of the votes cast shall elect.
ARTICLE vi. In the event of the
liquidation or dissolution Of this corpor-
alton, the stockholders shall elect three
iquidators from among their number at
q meeting convened for that purpose,
after fifteen (15) days written notice
sent to each stakeholder by mail to his
asst known address; said liquidators
shall have the authority to wind up the
business and affairs of this corporation
In case Of the death of a liquidator, the
successor to him.
modified, changed or altered, or said
corporation may be dissolved, with the
assent of stockholders owning two-thirds
" the entire capital stock, at q general
Meeting of the stockholders convened for
hat purpose, after fifteen Q5) days
written notice shall have been given to
ach stakeholder, mailed to him at his
asst known address.
ARTICLE VIII. No subscriber for
took shall ever be held liable for the
contracts, faults or debts of said cor
'oration in any further sum than the
unpaid balance. If any. due the corpor-
ltion on the stock for which he has sub
cribed; nor shall any stakeholder ever
De held liable for such contracts, faults
" debts in any further sum than the
unpaid balance, If any, on the stock
,wned by him; nor shall any mere in
ormality in organization have the effect
u rendering this charter null, or rem
iering any subscriber or stakeholder
liable beyond the unpaid amount If any,
due on his stock.
rms corporation is organized under
ne laws of the State of Louisiana. and
specially Act 267 of 1914, and the sub