The herald. [volume] (New Orleans, La.) 1905-1953, 1911-07-06
CHARTER
Of
LEO FARMS COMPANY"
United STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW
ORLEANS

Re- II Known, That on this thirty-frst
dsy OF the month OF May, in the year OF
an Lord. one thousand, nine hundred and
seyen. before me, Charles Schneidau, a mo-
nry public, duly commissioned and quail
ssi IN and for the Parish OF Orleans, State
A louisiana, and in the presence OF the
Witnesses hereinafter named and underslgn-
a personally came and appeared the par
III whose names are hereunto subscribed,
sho seyerally declared that, awaiting them
klyes Of the provisions Of the laws or this
safe relative TO corpora tions, and eSpecla.-
b of the provisions OF Act No. IS, Of 1904,
Il the General Assembly OF Louisiana, they
have coyenanted and agreed, and by these
presents do c0veant and agree aud Olnd
themselves as well as such other persons as
nay hereafter become associated with them,
% form and constitute a corporation and
BODY polite in law for the purposes and OBJ
jecis and under the stipulations, articles
md conditions following, to-wit:
ARTICLE 1.
The name and title OF this corporation
shsll be LEO Farms Company" and 1t
shall exist and continue for a term OF
ainety.nlne years from the date hereof. it
shall have its domicile at New Orleans, IN
the Parish Of Orleans, State OF louisiana.
he president Of said company, or In MS
tbsenee, the secretary-treasurer thereoI;
.
citation and all other legal process shall De
ARTICLE II.
The objects and purposes for which this
eorporati0n Is organized, and the nature or
ne business to be carried on by 1t are mere
b. declared to be:
10 buy, improve, use, lease, sell and 9th
exise ALLEVIATE, lots II, less $50 arpents,
reserved by Foss, IA and IA, comprising
soout 1850 arpents, and another tract OF
and designated as one-half Of Tract NO.
~ containing about 81 14,1OO acres,
mdnded q the north by Tract No. II, east
y the other half Of said Tract No. 10 par
Vel with Canal Destrehan, south by Bayou
9uscha and west by Tract No. ID, all In
ne Oestrehan subdivision in the Parish OF
Jefferson, and property adjacent thereto.
ARTICLE III.
This corporation shall have power and
aathority, unler its said corporate name, 70
watract, TO sue and be sued; to make ano
ne corporate seal, and the same TO DreaB
after at pleasure: to acuire, receive, &C
cYt purchase buy, lease, hold, improve
ntipate, mortgage, hypothecate, sell pledge
ashange convey, ALLEVIATE or otherwise &C
Sae. possess, use, enjoy and dispose OF
nvperty, both real and personal; TO borrow
na ioan money; to give and receive securl
- herefor; TO build and operate and SUD
na1e railroads and tramways to be oper
aea by horse, electric, steam or other mo
I'VE power; to dig canals; to install anc
ysfste pumping stations and other works
~ Uainage purposes to pave streets, &c
Ysfste electric and other light and power
Es1u ali within the limitations imposed
Article II Of this charter; to name anC
ssYcnt such managers, officers, directors OF
sas as the necessities and convenience
uk corporation may require to mak'
~ establish such bylaws for the proper
Aasnasement and regulation Of the affairs O.
E nid corporation as may be proper, ant
~ Ame to alter and amend at pleasure.
ARTICLE ".
Inc capital stock Of this corporation l
'epy nxed at seventy-fve thousand DOL
W5,00ol, divided into and represent
100 shares OF the par value OF on
sareo dollars (S100) each. Payment
s., 1id stock shall be made In cash, or it
"a ,aient, at such times, In such amount
NJ upon such notice as may be prescribed
ne board OF directors, and such cor
Htuon Is authorized to begin bushes
m aoo seyenty-fve thousand dollar
E'S"oUl Of said capital stock Is subscrlDe'
~. Inc stock Of said corporation may D
q tAefred, provided such transfer be mad
ne nooks Of the corporation, at Its OF
49, ~ New Orleans, Louisiana, and on IN
fsseaer OF the stock certificate. N
S,,i er OF any fractional part OF a sbar
ARTICLE
a. AZ me corporate powers OF this corpora
snan be vested In and exercised by
60 OF nfteen directors. Five member
~ ~, 40 board shall constitute a quorum
a.. 'ne transaction OF business, and thei
ks,as asii constitute corporate acts. IN
a.. directors shall continue In office q
cureos IS they remain stockholders OF thi
es,r,nss uon. Any vacancy or vacancies OF
b arg N said board from any cause sha
Ia. ea py the remaining director or diret
tsrs ana the directors so elected shall cor
lolSs.l.n once as long as they remain stool
6psis,s. director may. by written proxy
kin se any other director to represen
q A. any or all meetings Of the boar
sstSor,stors, and such proxy shall hay
ahss to do and perform all acts an
3 az such meetings as could be don
S,ens principal, were such principal pc