The herald., 1922-10-19
CHARTER.


independence of the United States OF
America the one hundred and forty
sixth. before me, Watts IL. LeNerich' q
notary public duly commissioned anu
qualified in and for the Parish OF Ut
leans. State of Louisiana. therein re-
siding, and in the presence or the VIII
neSseS hereinafter named ana uhuef-
signed. personally came ana appeared
the several persons whose names aie
hereunto subscribed, who declared that,
awaiting themselves of the laws OF TINS
state relative to the organization OF
corporations they have Covenantcd ana
agreed and do by these presents cove
nant agree. bind, form and constitute
themselves as well as such persons as
may hereafter join or become aSsocl-
ated with them. into corporation or
body polite in law, for the objects and
purposes and under the agreements ana
stipulatiOns following, to-wlt;
ARTICLE THE name and title of
this corporation shall be Blooms Son.
Inc, and under its corporate name II
shall enjoy succession for the full term
and period of ninety-nine years from
and after the date hereof, and shall
have power and authority to contract,
sue and lie sued, TO accept ana receive
mortgages pledges or other hypotheca-
lions: to make and use a corporate seal,
and the same to break and alter AT
pleas sure: to purchase, receive, lease,
hold or otherwise acquire and 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 ana
appoint such managers and directors,
officers and agents as the interest and
... nj ON of
require: and to make and establish as
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
lie necessary, proper or convenient. and
generally to do all such other acts and
things as trading corporations are au-
thorized to do under the laws of the
state of Louisiana.
ARTICLE II-TMe domicire OF this
corporation shall be in the parish of
Orleans. state of Louisiana and all CT
tatiOnS or other legal process shall he
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 it 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;
10 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-
ditieS; 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 to 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 il is authorized to acquire; to
exchange its entire assets and business
or any part thereof. for property
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
ton is hereby fixed al the sum of
twenty-five thousand dollars. (S25,-
600. O0). divided into and represented by
two hundred and fifty shares of the
par value of one hundred dollars
(s100.O0) per share. The amount of
said stock may be increased to five
hundred thousand dollars s500000.0O).
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-
handing 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-All the powers of this
composed OF not less than three nor
more than seven directors. The pre-
else number of directors within said
limits shall be fixed by the stock
a special meeting called for that pur-
pose; provided that in the interval be-
tween stockholders meetings the board
itself may elect additional directors
within the maximum limit above pro-
vided. if the stockholders shall not have
elected the same. A majority of the
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
on the first Monday of July
of each year, after notice given to each
stakeholder by mail at least fifteen
days before the date of the meeting,
to the last designated address
of the stakeholder: or, if he has desig-
mated no address, to the General De-
livery at New Orleans. Special meet
ingS of the stockholders may be called
by the board of directors or by the
president or vice-preSident at any time
and notice thereof shall be given in the
manner provided for annual meetings;
provided that in all cases all notice
may be waived by unanimous consent.
Each share holder shall be entitled to
one vote for each share of stock stand
ing in his name on the books of the
said vote to be cast in per-
son or by proxy and majority of the
votes cast shall elect. Failure to elect
not dissolve the corporation but the
directors then in office shall remain in
office until their successors are elected
and qualify. The board of directors
shall have power to fill all vacancies
which may occur or in any manner
arise or be created on the board, even
though no quorum remain at the time
such vacancies are TO be filled. The
board shall elect from its number a
president, and a vice-president and shall
also elect secretary and treasurer who
may be the same individual and need
not be members of the board or stock |
holders; and the board is expressly
authorized from time to time to dis |
pense with any of said officers and or
combine and For separate any of them, |
0Ff,