The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-30
ARTICLE III.

The objects and purposes for which this
corporation is organized and the nature OF
the business to be carried on by 1t are here
by declared to be:
To purchase, or otherwise acquire, erect,
construct equip imProEe extend rsn wGrk' co one
troll, sell, lease or otherwise dispose or
water-rights, reservoirs, dams, canals, tun-
nels, bitches, fumes, drainage systems, con
trolling works, power plants and irrigation
works or plants of whatsoever kind or ma
ture for the purpose of irrigating lands, re-
claiming submerged lands, or storing waters,
and the draining and conveying or waters
from one place or places to another place or
To purchase, lease or otherwise acquire,
erect, equip. improve, extend, work, develop
operate maintain, own, repair, control, SELL
| lease, or otherwise dispose of water.rlghts,
| reservoirs, dams, canals. tunnels, ditches
| fumes, drainage systems, controling WORKS,
power plants. or plants OF whatsoever kina
or nature for the purpose OF purchasing.
| leasing or otherwise acquiring, and selling,
| leasing, or otherwise disposing OF power,
| light heat, or energy In whatsoever form
| and necessary powers incident thereto. .
| To acquire by purchase or otherwise, own,
hold, buy, sell, convey, lease, mortgage OF
cucumber real estate or other property; per
sonal or mixed, and to survey, su6dlvlde'
/ plat, improve and develop irrigated, sub
merged and other lands for purposes OF sale
/ or otherwise, and to do and perform all
|
ment and improvement of the same for agri-
cultural, planting, cattle raising, residence
trade and business.
To purchase, or otherwise acquire, ana 70
hold, own or control, receive, store, convey,
I deliver sell, lease or otherwise dispose OIL
water, ice or moisture In any form, OF
rights OF any nature In and to water, OF
the usage thereof.
other business Of the same general nature
which from time to time seems to the al
rectors Of this corporation capable or Delns
conveniently carried on In connection VIII
the above objects, or calculated directly oil
, indirectly to render valuable or enhance lh'
value of any Of the company's privileges OF
rights. and which is lawful In Louisiana
J for a corporation so organized
ARTICLE III.
| The capital stock Of this corporation 8
hereby fixed at the sum Of one hundred am
. fifty thousand dollars (S15O,0OOOO) dlyide'
into and represented by fifteen hundre'
(15OO) shares OF the par value OF one nun
said stock shall be paid for in install
ments of such amounts and at such time
as the Board OF Directors may deternln'
hut any part or parcel OF said stock may D
issued by said Board Of Directors at no
less than par. in payment Of labor done o
\ property actually received by said corpors
ton. ,,,,.,,os
and be a going concern as soon as one hui
bred shares Of its capital stock shall hay
, been subscribed for, and this charter slgne
and executed by the incorporators.
ARTICLE ".
a All the corporate powers OF this eorpo
:; alton shall be vested in and exercised Dy
= hoard of FIVE 90 directors, to be compose
y, OF stockholders, three 81 OF whom sha
- Constitute a quorum for transacting all Dus
"a ness. The Board Of Directors shall be yest'
B. with full power and AUTHORITY to IN MAKE add
: ali by-laws. rules and regulations TOT q
n government Of the business ana n a1a cbs n
We the same at pleasure; appoint, hire and q
charge all officers agents and 40 e@ aDS q
es so-m oil things necessary In the transs
Yet ton of the business and affairs OF the h GO
many. Any vacancy occurring In SAID Doa
pal, no allied by the remaining directors
an the manner provided for In the bylaws. !. Il
y first BOARD of Directors OF this corporal
"A shall consist of Samuel A. webster, a
- Dusenbury and A. B. Graves, with tne %
all samuel A. Webster as PRESIDENT a.