The herald., 1912-12-26

| of Louisiana, therein residing. and in the
presence or the witnesses hereinafter named
peared: the several persons whose names
are hereunto subscribed. who declared that
awaiting themselves OF the privileges OF the
Jaws Of this state relative to the formation
OF corporations, they have covenanted and
agreed, and do by these presents covenant
ana agree, and bind and obligate themselves
as well as all such persons who NAV here.
aIter become associated with them, to form
ana constitute body corporate and polite
IN law, for the purposes and objects and
, under the stlpulations and provisions fol-
lowing, to-wit:
ARTICLE 1.
This corporation shall be known az tho
Lacombe Park Il Forest Glen Building Com
pany, and under such name ii shall have all
the rights, privileges and advantages grant
90 py law to corporations including the
sion and corporate existence for ninety-nine
years, unless sooner dissolved Said cor
poratlon shall have power and authority 70
contract TO sue and be sued; and to hold,
LeceIVe, purchase, convey, deliver, mortgage
hypothecate and pledge any real or ner
sonar property; to make and use a corpOr-
ale seal and the same to break. alter or
nt henu at pleasure, and to issue notes and
ana 10 do all other things necessary for the
proper transaction of its business
ARTICLE ii.
The domicile of this corporation shall he
In the city of New Orleans. parisb OF Or
Ieahs, state of Louisiana, and all citations
ana other legal process shall be served unon
,Ie PRESIDENT, and In his absence, upon the
.ce-presldent, and In the absence Of both
upon the secretary-treasurer.
ARTICLE III.
Tue OBJECTS and purposes for which this
corporation Is created, are hereby declared
70 70 6 3e 10 ouy, sell, improve and generally
" ueaI IN all kinds Of property, both real
personal and mixed; to build houses stores
o az Ttner buildings, and the same to rent
vi seLi; or otherwise dispose of or use /: and
herein spe 20 Eo every and anything not
consistent with the other objects and mr.
poses herein set forth.
ARTICLE ".
The capital stock of this cornoratior =
hereby fixed at the sum of ten thonsand
lslo,ooo.00) dollars, divided into. and rem
resented by, one hundred 1OOl shares 81
i ine par value OF one hundred (s1OO.OO) dol
Sued only at par. and when issued shall be
pald Tor In cash or property, or the e0uiva
tent thereof. All shares of stock shall no
no 1919 as Iuli paid and worcestershire, and
no transfer OF stock shall be binding on said
Evaporation, unless duly recorded ON its
DOCKS. No holder of stock in this cornor'
az anio n shall nal sell his stock to any person IN
directors of said corporation at jts Thor a.,
Dook Vaiue, and 1t shall be optional for This
corporation to refuse to recognize anv trans
Ies OF stock made in violation of this pro
rms corporation shall be a going concern
as soon as three thousand (S3 600 OOl dol
lars OF Its capital stock shall have been
subscribed SUBSCRIBED and paid for as hereinbefore pro
ARTICLE v.
All the powers of this corD0ra tion shall
oe vested In, and the management and con
troi OF It's affairs shall be exercised nv n
ooaIu OF directors, TO be composed Of three
s.ocKnolders, and the first board of iirec
ths snail be composed OF John H. Davis
Cchar,es n. Willard and Meyer Eiseman. with
II ~ naples II. willard acting as president. John
II: laws as vice-president, and Never Else
nan as secretary-treasurer The said hoard
vi directors and said officers shall serve and
IIemaIn In office until the first Monday In
november, 1913, on which day and annualIy
,tnerea1ter the said board of directors shall
oe eiected by the stockholders at a meeting
eailed for that purpose. All directors and
oncerS snail hold office until their succes-
s sD snail have been elected and qualified.
ana any failure to elect directors or officers
s sh not be regarded as a forfeiture OF this
In the election of directors. each stock
noIder snail be entitled to one vote for each
snare OF stock held by him, which must be
East either In person or by duly authorized
proxy, and the majority Of votes cast shall
eiec,; ANY vacancy occurring in the hoard
nj u.tectors may be filled by the remaining
aa,rectors Tor the unexpired term. AT the
nrst meeting Of the board Of directors after