The herald., 1911-07-13
CHARTER
Of
LEO FARMS COMPANY"
rNrED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW
ORLEANS.

B. II Known, That on this thirty-frst
NJ Of the month Of May, in the year OF
M Lotd, one thousand, nine hundred and
even, before me, Charles Schneidau, a mo-
M public, duly commissioned and quail
Al N and for the Parish OF Orleans, State
4 louisiana, and in the presence OF the
vrnesses hereinafter named and underslgn-
4 personally came and appeared the par.
Is whose names are hereunto subscribed,
10 seyerally declared that, availing them
LINES Of the provisions Of the laws OF this
|sns relative to corporations, and especial
ID the provisions Of Act No. 1S, OF 1904,
4 tie General Assembly Of louisiana, they
|hW covenanted and agreed, and by these
Fsents- do eoveant and agree and bind
tnselves as well as such other persons as
NJ hereafter become associated with them,
b form and constitute a corporation and
bdg polite In law for the purposes and OBJ
H1 and under the stipulations, articles
|nt conditions following, to-wit:
ARTICLE 1.
he name and title OF this corporation
|hal be LEO Farms Company" and it
nal exist and continue for a term OF
|i1sq-nlne years from the date hereof. 1t
al have It's domicile at New Orleans, In
ne Parish Of Orleans, State of Louisiana.
ne president Of said company, or In his
kence, the secretary-treasurer thereof,
nsll be the proper officer upon whom all
11ton and al other legal process shall be
ARTICLE II.
ne objects and purposes for which this
nporati0n Is organized, and the nature OF
= business to be carried on by it are here
declared to be:
y buy, improve, use, lease, sell and 9th
sa ALLEVIATE, lots u, less $50 arpents.
8Ted BY Foss, II and IA, comprising
~ $50 arpents, and another tract OF
"a designated as one-half OF Tract No.
containing about 521 14-100 acres,
sadA on the north by Tract No. II, east
NE other half Of said Tract No. Is par
11 WIN Canal Destrehan, south by Bayou
satha and west BY Tract No. 13, ali in
pestrehan subdivision in the Parish OF
"-''s0n' and property adjacent thereto.
ARTICLE III.
ms corporation shall have power and
~@fiy, unler Its said corporate name, to
uaet to sue and be sued; to make and
: !, corporate seal, and the same to break
~ s'er ~ pleasure; to acuire, receive, &C
w purchase, buy, lease, hold, improve,
..s pse, mortgage, hypothecate, sell pledge,
~. convey, ALLEVIATE or otherwise &C.
80 possess, use, enjoy and dispose OF
n3y both real and personal: to borrow
n a. 49, money; to give and receive securi-
M "sfelor; TO build and operate and sub
~ .niroads and tramways 20 be oper-
IN morse, electric, steam or other mo-
~. .sr, TO dig canals; to install and
49, pumping stations and other works
49,. n electric and other light and power
Z 49,, AZ within the limitations imposed
t,shs II OF this charter; TO name and
~. sucn managers, officers, directors or
M. tne necessities and conveniences
4 A wtporation may require; to make
saoikn such bylaws for the proper
|S. - and regulation OF the affairs OF
8 ~. ~ otporation as may be proper, and
s " alter and amend at pleasure.
ARTICLE ".
~. apltal stock OF this corporation Is
Il nted at seventy-fiye thousand dol
II 1, rsSvvvl, divided into and represent
~ ~ Snares OF the par value OF one
a. dollars (s100) each. Payments
|ginis,s 'oek shall be made in cash, or its
Ia ssos ~ such times, in such amounts
IN a. sucn notice as may be prescribed
ladoa ,s'o OF directors, and such cor
: authorized to begin business
f<oa. eventy-fve thousand dollars
IN OF said capital stock is subscribed
|enu.,,nses stock Of said corporation may be
n a. k,sa, provided such transfer be made
~ Al ooks OF the corporation, at It's Of
|csss..sw orleans, Louisiana, and on the
|tSs, ol the stock certificate. No
"a & y any fractional part Of a share
ARTICLE V.
a Ssn corporate powers OF this corpora
~ a ee vested in and exercised by a
Il ~ niteen directors. Five members
II H. .Doard shall constitute a quorum
- i.rS eansaction OF business, and their
m a. = constitute corporate acts. The
~ A. leetors shall continue in Office as
|H3>,t,auey remain stockholders of this
M Any vacancy or vacancies oc-
N "a said board from any cause shall
ssc tne remaining director or dlrec.
~ M me directors SO elected shall con-
IN 4 as long as they remain stock
Sdnes director may, BY written proxy,
any other director to represent
Il G,srssascy Or all meetings Of the board
I'm and such proxy shall have
~ % 40 and perform all acts and
n 6 such meetings as could be done
~ Saslpal, were such principal per