The herald., 1912-06-06

but any part or parcel Of said stock may be
issued by said Board Of Directors at not
less than par, In payment of labor done or
ton.
This corporation shall commence business
and be going concern as soon as one hun
dred shares OF its capital stock shall have
been subscribed for, and this charter signed
and executed by the incorporators.
ARTICLE ".
All the corporate powers Of this corpor-
alton shall be vested in and exercised by
board Of five 90 directors, to be composed
or stockholders, three (3) OF whom shall
constitute quorum for transacting all bust
ness. The Board OF Directors shall be vested
Win run power and authority to make all
contracts, purchases and sales, and adopt
all bylaws, rules and regulations for the
government of the business and affairs OF
the company, and alter, amend and change
the same at pleasure; appoint, hire and dis
charge all officers, agents and employees
TX all salaries, and generally do and per.
FORM all things necessary in the transac.
ton OF the business and affairs OF the com.
pany ANY vacancy occurring in said board
snail be filled by the remaining directors in
the manner provided for In the bylaws The
hrst Board Of Directors OF this corporation
T 6nsan6 consist anS Of samuel A. Webster A T.
samuel A. Webster as president, A. T.
Dusenbury as Vice-President, A. b. Graves
as secretary and treasurer, who shall hold
their offices until the first of Nav, 1913
and qualified
On May, LIST, 1913, and annually there
after, an election for directors shall be held
at the office OF the company, under the srI
pervisiOn Of three commissioners TO he an
pointed by the president, and the directors
then elected shall take their seats imme-
dlately ana shall hold office until their sue
cessOrs are duly elected and qualified Each
BOARD shall elect Its own officers, which shall
CONSIST OF president, Tice-president, sec
rotary and treasurer; two of said offices
may be held by the same person
All corporate elections shall be by ballot
ana a majority OF the votes cast shall elect
and at all stockholders meetings held FOR
any purpose, each share OF stock shall be
entitled 10 one vote either in person or by
proxy, by the person in whose name same
Is registered on the books of the COMPANY
and the board of directors may close the
STOCK transfer books for a period not ex-
ceeding thirty days before any meeting.
Written notice Of stockholders meetings
snaIl De given TO each stakeholder by the
secretary at least ten 10l days prior to
elections, by mailing same. postage nrenaid
to his last known post-ofice address
The Board of Directors shall have power
10 estaDllsh stock transfer agencies under
reasonable rules and regulations, in the cit
les OF New Orleans, Louisiana. Chicago
ILLINOIS, and at such other places as they
may deem necessary and the business of the
corporation shall require,
This act OF incorporation NAV he cbanged
Altered or modified, or this corporation dis
solved, with the assent of three-fourths
t3-4) or the stock present or represented AT
any general meeting OF the stockholders con-
yened for that purpose after thirty tSoI
DAYS prior notice Of such meeting shall have
Deen given by publication in one OF the
T Yaay dnsiwspapers published in the City OF
ing said period. and such Changes as NAV
be made in reference to the capital stock
shaIi De made In accordance with the then
existing laws on the subject
whenever this corporation Is dissolved
either by Limitation OF its charter or from anv
cause, its affairs shall be liquidated by three
aoJ COMMISSIONERS to be appointed from
among the stockholders at a meeting of the
stockholders convened for that purpose az
Ter thirty 800 days prior notice shall have
See1 given by the secretary to each stock
holder. Said commissioners shall remain in
office until the affairs of said CORPORATION
snaii nave been fully liquidated In case
or the death OF either commissioner. the
survivors shall continue to act
ARTICLE VII
No stakeholder OF this corporation shall
ever be held liable or responsible for the
contracts or faults thereof In any further
sum than the unpaid balance due to the
corporation on the shares owned by him. nor
shall any mere informality in ORGANIZATION
nave the effect of rendering this charter
nun, nor OF exposing a stakeholder TO any
HaDiilty beyond the amount OF his stock
Inc subscribers hereto have each written
opposite their names the number of shares
subscribed for, so that this act NAV also
serve as the original subscription list
Thus done and passed In nv potarial Of
nee In the City Of New Orleans, Louisiana.
IN the presence Of VI. Captain and e. On,
thorpe, competent witnesses of lawful age
and residing in this city, who hereunto sub
scribe their names, together with said mar
Ties and me, notary, on the day and date
set forth In the caption hereof
signed: 5. A. Webster, so shares A T
Dusenoury. 10 shares; A. B. Graves. 10
shares. Witnesses NJ Captain. f, GiItborna
ARTHUR B. LEOPOLD.
IoeaJ Notary Public
l. the undersigned. Recorder Of Mortgages
In and for the Parish OF Orleans, State of
louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
louisiana Fruit Garden Land Company.
Limited, was this day duly recorded In INV
office In book 1855, folio =.
(Signed) EMILE LEONARD
Deputy Recorder
hereby certify the foregoing and within
TO be a true and correct copy of the orig
lnal act of Incorporation Of the Louisiana
Fruit & Garden Land Company, Limited
together with the certificate Of the Recorder
OF Mortgages on file and Of record In nv of.
flee. Va
In faith whereof I have hereunto set nv
hand and seal this third day of NAV. 1917
ARTHUR B. LEOPOLD.
may i6 % 80 june 10 1912 ''"'
AMENDMENT TO CHARTER