The herald., 1912-08-01
CHARTER,

II huoWh, lnat on this the twenty
n.hth day or the month of June, in the yea
OF our Lord one thousand nine hundred ana
Twelve (l912), before me, Lewis RossneT
Iraham a notary public duly commissioned
ana quallhed in and for the parish of Or.
leans, therein residing, and in the nrasanco
or the hereinafter named subscribing com.
petent witnesses, personally came and an
Pedreu the several persons whose names
are hereunto subscribed and who seyerally
declared that availing themselves OF the
provisions OF the laws OF the state of Lon
Islana relative TO the formation of corpO-
Iinno ana more particularly OF the provi-
SONS OF Act as OF the legislature of 1904
they nave coyenanted and agreed and do by
! theSe presents covenant and agree and bind
Tue, themselves as well as such other persons as
may hereafter become associated with them
| 10 constitute and form a corporation and
body polite in law, for the objects and pur-
poses; and under the articles, terms. and
supulationS following, to-wit
ARTICLE l.
Inc name and title OF this CORPORATION
snail be the HOUMA LAND AND CATTLE
SSoHi and by that corporate name it
snail nave and enjoy succession for the
period of ninety-nine 1901 wears and shall
nave all the authorities and powers eener
any vested in corporations under the law
anu anu more particularly shall il be author
Ecu 10 contract, 10 sue and to be sued; TO
make and use corporate seal and the same
10 break at pleasure; to make and issue
ponds, notes and other evidences of indebt,
edness; 10 borrow and lend money: 70 mr.
chase, sell, lease mortgage and transfer
property In any Of its forms to empIoy
managers, directors, officers, agents. clerks
or superintendents, as the interests of the
company may require; to make bylaws
rules and regulations for the management
OF It's analrs, and to possess all OF the now
ers granted and intended TO be granted here
~ or by law In order to carry out the OBJ
Jects and purposes for which this cornora-
ton Is organized.
ARTICLE III.
Inc domicile of this corporation shall ha
M nrla
ana, and all citations or legal process of anv
sort shall be served upon the president. or In
MS absence, upon the vice-president, or in
s Sne absence or disability of both upon the
secretary or the company.
ARTICLE Ill
me oDJects and purposes for which this
corporation Is formed and the nature of the
business to be carried on by II are herehv
declared to be: the purchasing acouirinS
dealing in, holding, selling, alternating mort
gaglng, bonding, leasing, transferring In any
dotLn anu encum6ering in any form, real or |
9ther property in any form that may be |
deemed most advantageous for the purpose |
OF carrying out the objects and purposes of /
Ine company and the purchasing, holding |
selllng, mortgagfng or leasing Of improved /
or unlmproved property of any kind within |
the state of Louisiana or elsewhere: and TO |
develop reclaim, drain, cultivate improve |
any lands held or acquired by 1t; and more
establish and cultivate orange groves and
1ruit orchards; to cultivate, develop and
hay-felds; to build operate and
nainlain hay-plants and hay-driers, and
generally to raise and to deal in any pro-
ducts or farm or field; also to purchase.
own, raise, breed, sell, or pledge live stock
ana cattle of any and ali kinds; and to
build, acquire, operate and maintain slaurh
ter-houses, saughter-pens or other means
necessary for the carrying on of a Slaughter
mousse business and to sell and deal in
siauShter-house or packing-hOuse products
also dredging and contracting for dredging !
the construction of canals and levees or
Dther construction or engineering work CON
hected with or collateral to land drainage
ana reclamation; and in such connection to
own ana operate railways, tramways and
navigation canals, to build roads and high
ways, TO construct and maintain wharyes
landings, piers, station-houses
ind other improvements necessary, and to
OWN and operate any floating craft as the
needs or the cOmpany's business NAV re-
lpire: In furthering and accomplishing the
JpJeGts ana purposes OF this corporation it
'nail nave the right to extend the operation
u It's aifalrs to any point within or without
ne state as may be deemed advisable or as
Us business may require, at which point
branches may be established. 1t shall have
he authority to contract for the construc
Ion OF all necessary edfiees and Structures
o develop townsites in connection with its
Uork OF reclamation or otherwise and to
ay out streets, roadways and alleys for the
Convenience of the inhabitants thereof. and !
n general to do anything that may be incl !
lental or necessary to any of the lines of
l.
ARTICLE ".
Inc capital stock OF this corporation IS =
hereby fixed at the sum of one million dol :
ars Isl, OOO. 100000, represented by 10000 !.
mares or 300 each, to be paid for in cash, q
property, services or notes. This corpora,
Ion shall be going concern and fully or !.
anlzed as such as soon as $4,000. 90 Of its :
apltal stock shall have been subscribed and +
aid for. No stakeholder shall ever be held !
laDle or responsible for the contracts, faults :
r defaults or the corporation, nor shall any !
1ere informality In the organization of the
OrpOration have the effect of rendering this |
harter null or Of exposing the stockholders
o any liability beyond the unpaid balance s
n their stock subscription. This charter n
men recorded shall represent the original a
took subscription list required by law. c.
ARTICLE v. I
All the corporate powers Of this CORPORA s
lon not reserved by law to the stockhold- {
RS sinai! be vested In and exercised by a h
GARD OF directors to be composed Of not C
lore than three (3) stockholders as herein C
fter stated and the number of directors S
lay be increased to five, all of whom shall p
irectors, In such manner as shall be fixed q
y the bylaws. majority Of the board of Il
irectors shall constitute a quorum for the n
of business. The said board of n
resident, Observation-Disclosures and ?
eeretary. The directors shall be elected C
nnualy by ballot by the stockholders, cast
lther In person or by proxy, at the offices
tHe COMPANY, Oh tne nrst MONDAY IN
une OF each year and until the election to a
e held on the first Monday in June, 1913, b
he said board of directors shall be COM b
osed of the following, to-wit: julius J. a
unk, as president: j. Lahroy Slusher, as p
Observation-Disclosures, and Emile W. Du- s
ont, as secretary, who shall serve as such
ntil the said stockholders meeting on the
rst Monday In June, 1913, or until success c
ors shall have been elected and qualified. {
ny vacancies occurring In said board shall C
e filed from other stockholders by the re- {
naming directors, for the unexpired term. q