The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-20
CHARTER
CHARTER OF

FOREST & MORO PLANTATIONS, INC
State OF Louisiana. Parish of Orleans
City of New Orleans. BE IL known thai
on this thirtieth day of March, in the
year one thousand, nine hundred and
twenty-five, before me, WILLIAM WAL
LER YOUNG, Notary Public, in and
for the Parish Of Orleans, State of Lou
isiana. duly commissioned and qualified
and in the presence of the witnesses
hereinafter named and undersigned, per
sonally came and appeared the several
persons whose names are hereunto sub
scribed. all above the full age of ma
jority, who seyerally declared that avail
ing themselves of the laws of the State
Of Louisiana, particularly Act 267 Of 1914
relative to the organization of corpora
tions, they do by these presents agree
and bind themselves as well as such
other persons as may hereafter become
associated with them, to form and con-
stitute a corporation for the objects and
purposes and under the articles and stip-
ulations following. tO-wit:
ARTICLE /. The name, style and title
OF this corporation shall be FOREST *
MORO PLANTATION, INC, and under
that naem 1t shall have and enjoy all
granted by law to corporations, and
shall exist for the full term and period
Of ninety nine years from this date. 1t
shall have power to contract, sue and
be sued; to make and use a corporate
seal, and the same to alter and break
at pleasure; to hold, receive, lease, pur-
chase, sell and convey. as well as mort
gage, hypothecate and pledge property,
real personal and mixed, corporal and
Incorporate; to name and appoint such
managers, directors, officers, agents and
other employees as its interests and con-
venience may require, and to make and
establish as well as alter and amend
from time to time such bylaws, rules
and regulations as may be necessary
and expedient for the proper manage
ment and government Of the affairs Of
said corporation.
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-
tablished and the nature of the business
to be carried on by 1t are hereby declared
to be: To plant. grow. cultivate. pro-
duce and market, within the State Of
Louisiana and elsewhere, rice, corn,
sugar and farm plantation products, and
kindred crops and products of every
nature and description, and to buy. store.
sell or. otherwise to deal or traffic in
same, either at wholesale or retail; to
hire, lease, purchase, own and operate
farms and plantations, live stock, tools.
implements, machinery, boats, cars and
other property necessary or convenient
for said purposes: and in connection
Herewith to establish a general mer-
camille and planting business within the
State Of Louisiana or elsewhere, and to
carry on any other business, planting,
mercantile, manufacturing or otherwise,
which can be conveniently carried on
- a.
acquire and hold by purchase, lease or
otherwise, property, real and personal.
movable, immovable and mixed, and the
same to sell, lease, mortgage, pledge,
hypothecate or otherwise dispose Of In
any and every way whatsoever; to buy,
and operate buildings necessary or in
cident to the business herein contem-
plated, and to buy, sell, rent or lease
real estate or personal property in the
course and conduct Of said business,
either in connection with said business
transact all business 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 and Twenty five
Thousand Dollars ($225, 0O0.O0), to be
divided into and represented by twenty
the sum Of One Hundred Dollars
($100.00) each; said stock shall only be
issued for cash OF In payment of prop
DGty actually received or purchased by
d corporation. The capital stock Of
5 corporation may be increased to the
I'm of Five Hundred Thousand Dollars
1850. 100000.
ARTICLE v. All the corporate pow
ers Of this corporation shall be exercised
by q Board OF Directors consisting Of
three stockholders, a majority Of whom
shall constitute a quorum for the trans
action Of business. The directors may
vote In person or by written proxy in
favor Of another director. The Board OF
Directors shall elect annually from
among their number a President. a Vice
President, and a Secretary Treasurer.
The first Board Of Directors shall con-
sist Of three stockholders. and shall be
composed Of George s. Frierson, Richard
T. Harriss and Henry Lampe. with the
said George s. Frierson as President.
Richard T. Harriss as Vice President,
and Henry Lampe as Secretary Treasurer.
The postoflce addresses Of said direc-
tors are as follows: George 8. Frierson,
500 Marine Bank Building. New Orleans,
La; Richard T. Harriss. Is william
Street. New York, N. Y: Henry Lampe.
500 Marine Bank Building. New Orleans.
La.
These directors shall serve until the
third Tuesday in March. 1923. or until
their successors have been duly elected
and qualified. The annual meeting Of
for the election of directors
shall be held on the third Tuesday in
March Of each year, unless said day be
a legal holiday, and then on the next |
bank day thereafter. Any vacancy &C.
CURING among the directors by death, |
resignation or otherwise shall be filled |
BY election for the unexpired term by |
he remaining directors. Each subscriber |
hereto sets after his name HIS postoffice /
address and a statement Of the number
Il shares Of stock which he agrees to
axe In the corporation. At all elections
very stakeholder shall be entitled to one
'ote for each share Of stock standing in
IL name on the books Of the corpora
lon. to be cast in person or by his writ