The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-08

LEANS, CIT YOF NEW ORLEANS.
BE il known, that on this the eighteenth
day Of the month of January. A. ID. 1912,
and Of the independence OF the United States
Of America, the one hundred and thirty
sixth. before me. Alphonse Joseph Ounce,
notary public. in and for the parish of Or
leans. state of Louisiana. duly commissioned
and qualified. and In the presence of the
witnesses hereinafter named and undersign-
ed. personally came and appeared the per
sons whose names are hereunto subscribed,
who severally and mutually declared, that.
awaiting themselves of the provisions OF the
laws of the state OF Louisiana, relative to
the organization of corporations they have
cOvenanted and agreed, and do, by these
presents, contract covenant and agree, and
bind and Obigate themselves. as well as
such persons who may hereafter become as
sociated with them, to form and constitute
body polite in law. for the objects and
purposes hereinafter stipulated and under
the following conditions, to-wit:
ARTICLE l.
The name and style OF this corporation
shall be THE ORLEANS PLANTATION
COMPANY. LIMITED" and it shall have
corporate existence for a period of ninety
nine t99) years from date hereof; Its domi-
cile shall be in the city of New Orleans; 1t
shall have the right to sue and be sued,~to
contract, borrow money. issue bonds. notes
or other evidence of debt, TO acquire such
real estate and other property rs its busi-
lease, mortgage and sell property. real, per
sonal or mixed, and to carry on business as
hereinafter expressed, with all the powers
granted TO corporations OF a similar nature
by the laws of this state and not inconsist-
ent with the laws OF the United States.
ARTICLE II.
All citations or other legal process shall
be served on the president OF this corpora
ton. or in the event Of his absence or in
ability to act. upon the vice-president there
| Of or in the event or inability TO act or OF
| the absence of both, on the secretary-treas-
ARTICLE III.
The objects and purposes Of this corpora
| tion are hereby declared to be: to purchase.
sell and improve real estate in the state of
Louisiana or elsewhere: to rent or lease the
same; to construct and repair buildings and
TO cultivate land.
ARTICLE ".
The CAPITAL stock Of this corporation here
| by Is declared to be fifty thousand $780,
10000 dollars. divided into and represent
ed by five hundred 5000 shares OF one hun
dred (S100.0O) dollars each; which stock,
| shall be payable in cash or its equivalent, at
| the time of subscription, or may be issued
at not less than par in payment or properly
actually purchased or for services actually
rendered to this corporation.
ARTICLE V.
| This corporation shall be authorized to
| commence business as soon as twenty thou
| sand 1920. 100000 dollars OF its capital stock
| shall have been subscribed for.
| The shares of this corporation shall be
/ transferable on the books of this corpora
| ton only and no transfer shall be binding
ON the corporation or have any effect unless
and until made upon said books.
ARTICLE VI
All the corporate powers of this corpora
ton shall be vested In and exercised by a
board OF three directors elected among the
stockholders. ~
Said directors shall be elected annually
on the first Monday in January, beginning
| with the year 1914, and after ten days
prior notice In writing, shall have beer
sent to each stakeholder by mail, at his oil
her last known address: which said notice
may be waived by the stockholders in writ
ing. AT all elections, majority or TIT
votes cast shall be necessary to elect.
At all meetings and elections each shar'
OF the capital stock shall be entitled TO ont
vote. either presented by the stakeholder IL
person or represented by proxy.
Immediately after their election, the boar,
shall elect from their number a president,
yice-president and a secretary treasurer.
The said directors and officers shall holt
their respective Offices for a period or on
year from the date of their election, or until
their successors shall have been duly elected
The failure to elect directors or officers a
herein provided for, shall not result In In
dissolution of this corporation, but the boar
OF directors then In Office shall hold thei