The herald., 1911-01-05

tract, sue, and be sued in its corporate
name; to make and use n corporate seal :;
to hold, receive, hire and purchase real and
personal property and to sell, mortgage, or
pledge the same and to borrow money and
issue bonds, notes and other Obligatl)nS
All citations or other legal process shall
be served upon the president and in the
event Of his absence or inability 10 act from
any cause, the same shall be served upon
the vice president or any other officer in
New Orleans. Louisiana.
ARTICLE II.
The objects and purposes for which this
corporation is organized, and the nature
of the business to be carried on by II are
hereby declared to be:
To purchase, or otherwise acquire, erect
construct, equip, improve, extend, work. de
velOp, operate, maintain own, repair con,
troll, sell lease or otherwise dispose OF
water rights, reservoirs, dams, canals, tun-
nels ditches fumes. drainage systems, con
trolling works, power plants and irrlga-
tiOn works or plants, or whatsoever KIM
or nature. for the purpose OF irrigatinS
lands, reclaiming submerged lands, or SLOT
ing waters, and the drainage and conveying
Of waters from one place or places 4"
another place or places.
To purchase, lease or otherwise acquire,
erect, equip, improve, extend. work, develop,
ope rate maintain, own, repair control sell,
lease or otherwise dispose Of water rights,
reservoirs, dams, canals, tunnels. bitches
fumes, drainage systems, controlling works,
power plants, or plants OF whatsoever KIND
or nature. for the purpose of purchasing
leasing or otherwise acquiring, and selling
leasing or otherwise dlspOsng OF power
light, heat, or energy in whatsoever form
or nature and the exercise OF the customary
and necessary powers incident thereto
To acquire by purchase or otherwise own,
hold, buy, sell. convey, lease, mortgage or
cucumber real estate or other property, per
sOnal or mixed, and to survey, suDdlVlde,
plat improve and develop irrigated sub
merged and other lands for purposes OF sale
or otherwise and to do and perform all
things needful and lawful or the develop
ment and improvement OF the same for agri-
cultural, planting. cattle raising, residence,
trade and business.
To purchase, or otherwise acquire, and TO
hold, own or control, receive, store, convey,
deliver, sell, lease or otherwise dispose OF
water, ice or moisture in any form, or rights
OF any nature in and TO water, or the usage
thereof.
Generally TO carry on or undertake any
other business of the same general nature
which from time to time seems TO the di
rcctOrs Of this corporation capable OF being
conveniently carried on in connection with
the above objects, or calculated directly or
indirectly to render valuable or enhance the
value of any OF the cOmpanys privileges or
rights, and which is lawful in Louisiana.
for corporation so organized.
ARTICLE III.
The capital stock of this corporation is
hereby fixed at the sum Of seventy-te thou
sand dollars (S75,000), divided into and
represented by seven hundred and nifty
(75O) shares of the par value OF one hun
dred dollars (s1e0)
Said stock shall be paid for in Install
ments of such amounts and at such times
as the Board of Directors may determine,
Nf caiI ctn m
be issued by said Board of Directors at not
less than par, in payment OF labor done or
actually received by said corpora
ton.
This corporation shall commence business
and be a going concern as soon as one
hundred (100) shares OF It's capital stock
shall have been subscribed for, and this
Charter signed and executed by the incor-
pOratOrs
All the corporate powers Of this corpor-
alton shall be vested in and exercised by
board of five 90 directors, to be composed
of stockholders, three 90 Of whom shall
constitute a quorum for transacting all bus
mess The Board of Directors shall be vest
ed with full power and authority to make
all contracts, purchases and sales, and adopt
all bylaws, rules and regulations for the
of the business and affairs OF
the company, and alter, amend and change
the same al pleasure; appoint, hire and dis
charge all officers, agents and employees. nix
all salaries, and generally do and perform
all things necessary in the transaction of
the business and affairs Of the company. Any
vacancy occurring in said board shall be
filled by the remaining directors in the man
ner provided for in the bylaws.
The first Board of Directors of this cor
poration shall consist OF Cornelius ]. Ton,
William Brusse. Dirk W. Jellema, Chas.
and J. Arthur Dixon. with the
said Cornelius ]. Ton as president, William
Brusse as vice-president, Dirk W. Jellema
as secretary. and Chas. KleinhuiZen, treas
urer who shall hold their offices until the
third Tuesday in February. 1911. or until
their successors are duly elected and quail
fed.
On the third Tuesday in February, 1911.
and annually thereafter. an election for d.
rectors shall be held at the office of the com
pany, under the supervision Of three COM
missoners TO be appointed by the presl
dent, and the directors then elected shall
take their seats Immediately and shall hold
office until their successors are duly elected
and qualified. Each board shall elect its
own officers, which shall consist of a presi
dent, a yice-president, secretary and a
treasurer; two OF said offices may be held
by the same person.
Ali corporate elections shall be BY ballot,
and a majority OF the votes cast shall elect,
and at all stockholders meetings held for
any purpose, each share Of stock shall be
entitled to one vote either in person or by
proxy, ny ptIsOu III WHOst SAME
is registered on the books of the company,
and the Board of Directors may close the
stock transfer books for period not ex-
ceeding thirty days before any meeting.
Written notice of stockholders meetings
shall be given TO each stakeholder by the
at least ten (10) days prior to
by mailing same, postage prepaid,
to his last known postofice address.
The Board of Directors shall have power
to establish stock transfer agencies under
rules and regulations, in the
Cities of New Orleans, Louisiana, Chicago,
and at such other places as they
may deem necessary and the business Of the
corporation shall require.
ARTICLE V.
This act Of incorporation may be changed,
altered or modified, or this corporation dis
solved, with the assent of three-fourths
(3-4) Of the stock present or represented
at any general meeting Of the stockholders
for that purpose after thirty 800
days prior nouce of such meeting shall have
been given by publication in one of the
daily newspapers published In the City Of
New Orleans, by five (5) publications during
said period, and such changes as may be
made in reference to the capital stock shall
be made in accordance with the then exist
ing laws on the subject.
ARTICLE VI.
Whenever this corporation Is dissolved
either by Limitation Of it's charter or from
any cause, Its affairs shall be liquidated by
three 90 commissioners to be appointed
from among the stockholders at a meeting
OF the Stockholders convpnad for that mr.