The herald., 1922-02-16
CHARTER


and amend its bylaws, rules and ss
lations for its proper goverptnsn.
may be deemed necessary and ~
and generally to 20 any and all ~
incident to or necessary and prom.
the carrying on of the business for n,
the corporation shall be formed
for the extension Of such bushes.
ARTICLE ii. This corporatior
be domiciled in the city of New O,,s
in the state of Louisiana, and All
process shall be served upon the p,sssa
! of the corporation, OF, in his shs.'
upon the Secretary.
ARTICLE III. The objects And
poses for which this corDora,;..pe
/ organized and created and the ~
| of the business to be carried on h"A
| are declared to be as follows: The -
ufacturing, buying and selling NJ Va
| and foOdstuffs, feed and feedstuns a,
| character and kind whatsoever. ana
[ manufacturing. buying and seIi,,
/ their products and by-products e.
nestle purposes and for foreign ~
/ and import. and the buying, sell,na w
| operating of mills for this prona,,. y
| Louisiana and elsewhere: and ths
/ ing, owning. operating and seIT,.
/ boats, barges, ferries. mOtor-trucEs
railroads for the purpose of trss.'&
I tation or hauling by land or nv Nv
| such material, aud generally for tha s
Quoting and carrying on Of any ana =
business which may be found neca.,
and convenient or proper or ineISsss
to the foregoing purposes
/ ARTICLE ~. The capital sinh
this corporation is hereby srsS
the sum of Sixty Thousand mar.
| 1850, 100000, which shall be diyidsS ~
and represented by Six Hundred IM /
shares of the par value of One Hu,Ss,
Dollars ($lOO0O) each. Said STOCK ~.
be paid for in cash or its eoniv, 10y
as provided by law. This corno,..
shall become going concern as so".
Forty-fiye Thousand Dollars (Sls,s.a
Of its capital stock shall have been ~
scribed. W
ARTICLE v. The capital s,o.,
this corporation may be increased :.
sum of One Hundred Thousand bOus
tSlOO'OoO.Oo), or any portion thereof \
a two-thlrds vote Of all Of the -.
present and represented. at a ,'s
meeting called for that purpose 'p'a
ARTICLE vi. All certificates n, a..
issued by the corporation shall he ~
by the President and counter. signs
the Secretary. The stock of RI
poration can be transferred ONLY .,
DOCKS oil, the corporation and subjet n
such regulations and fOrmalities a.
be by the Board of Directors IRON -
to time prescribed. No stockholdsr ~,
be permitted to sell or otherwise n
pose of his stock without first osos
the same in writing to the other s,a,.
holders, through the Board of Direr~'
at a price not exceeding the book Yah
thereof, and the stockholders shall h,r
an option and first right to purr1,s
all shares of stock TO be thus dispos
of by sale or by the death, resien,i~
or otherwise of any of the stockhOdr
of the corporation, and shall have ~
riOd of ten days in which to accent 4.
decline such offer of stock Should A.
Board of Directors or the stockhola-,
stockholder or stockholders who ust
the offer to sell or otherwise dispos, :
the stock may sell or otherwise dsOs,
of it in any manner and at any pu,
that he or they may see fit But a.
share of stock is issued under the en-
ditiOn and understanding that no stoi
holder shall make sale or transfer Z
his stock in violation of this proyixlu
and such sale or transfer, If made, A,l
be void and this Company shall be unis
J no obligation to list said stock on \
/, books or to regard the holder Of /,
certificate thereof.
ARTICLE VII. The corporate pow.
of this corporation shall be vested
and exercised by a Board Of Direipn
composed of four stockholders, the m
jority of whom shall constitute a quofu
for the transaction of business. n
Directors of this corporation may w
in person or by written PROXY at 1,
, of the meetings Of the Board Of Dhs
tors.
= The first Board of Directors Of n
corporation shall be composed Of D
: following: Thomas Dabney Case. ". I
; Teel, j. g. Case, w. X. Smith yaniI, VII
, Thomas Dabney Case as President Z,
Wesley w. Teel as Vice. President q
Secretary, and J. q. Case as Treaun
, day in February, 1923, or until their "
cessors are elected and qualified.
The Directors shall be elected annual
, by the stockholders, at meeting ID
! on the first Tuesday in February Of NJ
! year thereafter. Notice of such me-
! ing shall be given eight days before 4
! date of such meeting, and shall be n
, to each stakeholder at his last kns.
, Each stakeholder shall at such anna
meeting or other meeting. general
special, be entitled, in person or
proxy, to one vote for each share
@ stock owned by him.
!, The directors. when elected, shall u
!. office for one year, or until their =
: cessOrs shall be elected and qualIfs
e aud failure to hold the annual meet
: Of stockholders, or to elect annually
D Directors, shall not operate the forfd'I
:. OF this charter or any rights thereurt
e Any vacancy occurring In the Boa
t Of Directors may be filed by the Boz
e OF Directors for the unexpired term
$ ARTICLE VII. This charter may
It changed, modified, altered or amend
It by and with the consent Of twothr
IA OF all the stock present at any ur
ing. general or special, held for that =
L pose; and such may be material or
!, material, subject to limitations as D
: be by law provided; and this corpon1
o crease its capital stock as hereinos'
q set out.
Y ARTICLE VIII. No stockholder Of
corporation shall be liable or responn
for any costs, contracts, debs or nl
OF this corporation, or any Of its ons
nor shall any mere informally In efr
ization have the effect of rendering Z
charter null and void, or Of eIpeI
stakeholder to any liability m!s
the unpaid balance due on the stocf
I. by him.
$ ARTICLE TX. In case of the ds's
~ ton, liquidation or termination Of
r charter, by Limitation or otherwise
) Affairs of this corporation shall be y
y dated by one or more liquidators ekc
D. by the stockholders, who may PRIV
the number of said liquidators ana \
them with such authority as may 3!
be permitted, and fix the terms and :
i, ditions upon which they shall serve
III their compensation, and any other =.
lation which to them may seem pns
ARTICLE Y. The subscribers hs
have written opposite their names
v number of shares subscribed 20 BY
OF them and their postofice aoaies,
- that this charter may serve as the
VI scription list of the corporation; -
Oh which subscriptions are payable ~
rs manner and form set out herein. 4
In Thus done and passed al my n.y.
nd in the city of New Orleans, Loai !,
of on the day, month and year nrM ~ ~
es written. in the presence Of Paul Z. =.
" and Edwin T. Merrick, competes' \
p. nesses, who have hereunto signed = ,
To- presents with the said appearers sns
= Natarr aftar dna rnadin0 OF tine W