The herald. [volume] (New Orleans, La.) 1905-1953, 1911-06-29
CHARTER
Of
LEO FARMS COMPANY"
klTED STATES OF AMERICA, STATE
or LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW
ORLEANS.

y
3! the month Of May, in the year Of
laId one thousand, nine hundred and
M. before me, Charles Schneidau, a no
N public, duly commissioned and quail
h and for the Parish of Orleans, State
louisiana, and in the presence Of the
ne&es hereinafter named and undersign-
PERSONALITY came and appeared the par.
whose names are hereunto subscribed,
y kverally declared that, ayailing them
m Of the provisions Of the laws of this
- relative 10 corporations, and especial
ne provisions Of Act No. 7S, Of 1904,
u General Assembly Of Louisiana, they
y eyenanted and agreed, and by these
4nu 90 coyeant and agree and bind
neeives as well as such other persons as
hereafter become associated with them,
nm and constitute a corporation and
polite In law for the purposes and OBJ
tno under the stipulations, articles
nnditions following, tO-wit:
ARTICLE
ne name and title Of this corporation
leo Farms Company" and Ii
exist and continue for a term of
Q.aine years from the date hereof. It
nave its domieile at New Orleans, in
nrsn Of Orleans, State Of louisiana.
Eesident Of said company, or in his
tne secretary-treasurer thereof,
me proper officer upon whom all
20 and all other legal process shall be
ARTICLE II.
ne OBJECTS and purposes for which this |
snuon Is organized, and the nature of |
slness TO be carried on by it are here
NY improve, use, lease, sell and 9TH
nienate, lots II, less $50 arpents, |
80 Foss, IA and IA, comprising |
~ zsyo arpents, and another tract Of |
oesignated as one-half OF Tract No. |
~anlning about 521 14-1OO acres,
On the north by Tract No. IL, east
mner half Of said Tract No. Is par
sl lanai Destrehan, south by Bayou |
snd west by Tract No. Is, all in
oslfenan subdivision In the Parish of
ana property adjacent thereto.
ARTICLE III.
~ corporation shall have power and
unler Its said corporate name, to
" sue and be sued; to make and
IN porate seal, and the same to break
= -. pressure; to acuire, receive, &C
vaienase, buy, lease, hold, improve,
2.sss mortgage, hypothecate. sell pledge,
N convey, ALLEVIATE or otherwise &C
u,,,yy ',ssess, use, enjoy and dispose Of
II Nv vtn real and personal to borrow
= a...tn1oney to give and receive securi-
rTo 70 build and operate and sub
Ii h hasus ana tramways to be oper-
norse, electric, steam or other mo-
~ 80 70 dig canals; to install and
! 1r,ss@plng stations and other works
- ~ purposes; to pave streets; to
N. ~ and other light and power
i lrk,s Titnin the limitations imposed
rss II OF this charter: to name and
= ~ ~ managers, officers, directors or
. u s.. .ne necessities and conveniences
u ut,N,lgo faton may REQUIRE to make
[hnrnsasn such bylaws for the proper
"A sn and regulation OF the affairs Of
-. eorporation as NAV be proper, and
alter and amend at pleasure.
ARTICLE ".
~ epsta stock Of this corporation Is
y I'M A. az seventy-five thousand dol
divided into and represent
~ doi, ssres OF the par value of one
~ sto.is $4,000 each. Payments
y ~ at such times, In such amounts I
~ such notice as NAV be prescribed |
!ldm aru or directors, and such cor !
= autnorized TO begin business
Nm, =, ,nve thousand dollars
u said capital stock is subscribed
l1fs,ss s.ock OF said corporation may be
| y hsos provided such transfer be made S
q n. o. the corporation, at its Of
~, orleans, Louisiana, and on the
~ the stock certificate. No
maSa ay fractional part Of a share
ARTICLE V.
~ sorporate powers OF this CORPORA. 5
~ d al. vested In and exercised by a U
u h.een directors. Five members c
~ t,s su shall constitute a quorum e
M saetion Of business, and their q
q d,.onstitute corporate acts. The J
= the, ors shall continue in Office as
2.uths remain stockholders OF this
~ II Any vacancy or vacancies oc-
~ IN 40 board from any cause shall
] II ihs ne remaining director or direc, t
! 1 - directors so elected shall CON $
n 4 as long as they remain stock t
- ~. may, by written proxy, v
seismS OF all meetings Of the board I
- - and such proxy shall have Q
- q 20 and perform all acts and
eisciD.in e stl as could be done o