The herald., 1911-05-04
ARTICLE I.


forth and expressed. which they adopt as
their charter, to-wit:
.<1. Ahll'LE l.
Name and Title Of Corporation and Place |
Of DOmicie.
The name and title of said corporation
shall be the Orient Company, Limited"
and under this corporate name il shall have
power and authority to have and enjoy sue |
ceSsiOn for the term of ninety nine C99D
years from the date hereof. The domicile |
and principal Office of said corporation for
the transaction of business shall he in the
city of New Orleans, State of Louisiana.
ARTICLE II.
Description Of the Purposes for Which the
Corporation is Established, the Nature of
the Business to be carried on and the
| Designation Of the officer on tchOm Citd-
ton mag be Serred.
Under its corporate name il shall have
power and authority TO contract, sue and
| he sued, to make and use a corporate seal
the same 10 break and alter at will and
pleasure, to do a general real estate. land.
| timber, farming, immigration, mineral min
| ing, contracting, commission, merchandis-
| ing, printing and manufacturing businesses
| in any state in the United States of America.
| said businesses more specifically identified
| and described as follows
! To buy, SELL lease, release, mortgage and
| hypothecate real estate, lands minerals.
mines, timber, lumber, logs. machinery and
buildings.
To cut timber. remove logs. clear lands.
| reforest lands, farm lands, and mine min
erals.
To plan, have surveyed, lay out. improve
embellish, grade and upbuild village sites,
town sites, manufacturing Sites suburban
additions business lots. residence lots, parks
and places, rural settlements, farms and
land tracts, and to promote immigration,
settling, building and inhabtinS the same.
To build and operate mills, factories, etc.
for the manufacturing. making and use Of
ing. concrete materials, brick materials.
stone quarries, mineral products and to
build, maintain and operate all things nee
essary and proper TO conduct and carry on
such businesses.
To build and operate stores for the sale
of merchandise, furniture. machinery. hard
ware, groceries, boots shoes, notions, dry
goods, farm products, mineral products.
harness, wagons carriages and all other
. articles and things necessary TO a general
| store.
: To build and construct buildings and res
. idence structures for sale or lease
? The President or in his absence the Vice
: President shall be the officer upon whom CT
, tation and judicial process shall he served.
=" ARTICLE Ill
Amount of Capital Stock. Number of Shares
| AMOUNT of Each Share. and Time When
? and Manner IN Which Payment on STOCK
: Subscriptions shall BE Made.
The capital stock OF this corporation Is
: hereby fixed at the sum of One Hundred
Thousand (S100.00O) dollars. divided into
: one thousand 10000 shares at one hundred
: 5000 dollars per share, and shall he paid
;. for i'm cash. property or its equivalent al
: such times and in such amounts and man
. ner as the Board of Directors may determine
d and direct. This corporation shall begir
\ business whenever ffty-one (51) shares o.
ha shall been
d for This corporation shall have the priv
T lege to increase its capital stock accordin;
TO the terms and conditions Of an act of th'
I | legislature of this state numbered twenty
!, six (26) Of the Session OF 1SS2. and othe
= acts OF the legislature. and general law
= | of this state. No stakeholder shall eve
! | he liable, responsible, or held so, for tn
:: contracts, faults, or debts Of this corpora
y | tion In any further sum than the unpai'
= balance due the corporation on the snare
4 owned by him, nor shall any informant.
= in organization or operation have the efec
n | of rendering this charter null and void o
Il of exposing a stakeholder to any liabilit.
a beyond the amount Of his stock.
n - ARTICLE ".
: The Node in Which the Elections Of Direc
d tors or Managers shall BE Conducted.
II All the affairs power property and bus
"A mes of this corporation shall be exercise
% and governed and managed by Board .
composer
lie stockholders owning at least one IL shar
d of stock Of this corporation. The director
lie shall elect from their number lreslueh.
vice-president and secretary treasurer
N The following named persons shall eonst
s. tute the first 1st) Board Of Directors
is Harley A w. Howcott, Joseph X Bres, Al
V gust Seim, with Harley n. W. HoWcUtt
Or president Jos. X. Bres as vice-president, an
Jr August Seim as secretary treasurer. Inc
T. shall hold their offices until the nrst Isl
!. Monday in January one thousand nine hui
III dred and twelve (l912D n. D., or until thel
al successors are elected and quallhed. Iher'
in after said directors to be elected by Dallo
Dr at a general meeting convened Tor tnat pu
a. pose ON the first (1stD Monday OF Januar.
one thousand nine hundred ana tMei'
Cl9l2D \. D., and on the first (lstl Mondai
of January of each succeeding year. Lac
3 share of stock represented at such Iheetlns
el shall be entitled to one ~ vote, nollce
ee such meeting shall be mailed or le1t pc
ru sonally by the secretary treasurer 10 sdc
&c | stakeholder ten (10) days preceding SAL
vi election Such election shall be held at u
a. office and domicile OF said corporation "a
O. dor tho supervision of the then preser
10 | Hoard of directors. The stocknolders I
~ ceiying a majority of the votes shall De q
ba clared elected Failure TO hold an elecu0
!, | an the day specified shall not dissolve u
~ | cnrnor.tion the directors in office hoidln
an over until an election can be held ait'
of ten (lOJ days notice of the time anu Pia'
he thereof. A majority or tine boaru VI ::
no recfors shall constitute quorum 1or IA
fra nsaction of business. Vacancies OScu
ring in the Board of Directors snaH
Allied from the stockholders by the remalnll
members of the board, whether quoru
H. remain or not. The Board of Dlrecto
10 shall appoint or elect all other noU 0m dsa
of agents, clerks, or employees as tney uee
e nToner and necessary and, the salaries
k sucb shall be fixed by the board with fu
CHI power TO Increase, diminish or cancel at
re will and pleasure. The Board Oh Dn ,,eino
ce shall meet for the transaction OIL DUSTY
i'd whenever called upon by the secretary trea
he urer upon instructions by any member II
Us the board. The Board of directors s SUI,
&c maLe Ali rules and regulations as th'
by deem proper and necessary for the transa
ID ton of business.
ARTICLE V.
Die amendment and Mode Of LtquiddttoH
"a, Termination Of Charter.
of ,,, ..,ho,aars of this CORPORATION at