The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-27
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF OR

UNITED STATES OF AMERICA, STATE
DE I9u rSF4 OF S SEElS oRLE Eh N
BE il known, that on this 18th day OF the
month OF June, in the year of our Lord, one
thousand nine hundred and twelve (1912).
and OF the independence of the United
States of America the one hundred and
thirty sixth 1885,, before me, Arthur Il.
Leopold, a notary public, in and for the
parish Of Orleans, state of Louisiana, duly
commissioned and qualified, and in the pres
ence of the witnesses hereinafter named and
undersigned, personally came and appeared
the persons whose names are hereunt0 sub
scrbed, all residents of this city, who sew
orally declared that availing themselves Of
the provisions of the general laws of this
state, relative to the formation Of corpora
lions, they do by these presents form them
selves into and constitute a corporation, for
the objects and purposes, and under the
stipulStions and agreements hereinafter set
forth, which they hereby adopt as their
charter, tO-wit:
ARTICLE l.
The name of this corporation shall be
NEW ORLEANS K WESTERN RAILWAY
COMPANY and under its corporate name
it shall exist and have succession for a
period Of ninety-nine (99) years from date
hereof, and it shall have and exercise for
the purpose of its business, all the powers,
rights and privileges conferred by law on
similar corporations, and 1t shall be and 1t
is further authorized and empowered to do
and perform any act or thing and conduct
and pertaining to the affairs and business
as set forth in Article III Of this charter,
which is not specially prohibited by law.
1t shall have power and authority to
hold, own, receive and purchase and law
fully acquire by deeds of conveyance, con-
tract, lease, rental or In any other lawful
manner the title and ownership to all pro-
perty, real, personal and mixed, and like
wise with full power and authority to alien
ate, dispose of, lease, rent, sell, convey,
mortgage, hypothecate. pledge or otherwise
cucumber, its franchises and property, real,
personal and mixed, or any part thereof.
1t shall have power to borrow money, and
to issue notes, bonds and other evidences
of Indebtedness from time to time, and to
secure the payment of the same or any
part thereof, by pledge or hypothecation Of
property, or by mortgage or other evidence
OF lein placed upon its franchises and pro-
thereof.
1t shall have power to acquire or under
take the whole or any part Of the business,
property, good will, and liabilities of any
person, firm or corporation carrying on any
portion of the business which the corpora
ton Is authorized to carry on or possessed
OF property suitable for the purposes Of the
company and to pay for the same In cash,
bonds, or paid-up shares of the company or
partly In cash and partly in bonds, or paid
up shares as may be agreed upon TO enter
into any agreement not prohibited by law
for sharing profits, union Of interests, CO.
operation, joint adventure, reciprocal con-
cession or otherwise, with any person, firm
or company carrying on or engaged in or
about 10 carry on or engage in any business
or transaction which the company Is author
lied to carry on or engage In, or any busi-
ness or transaction capable of being con-
Quoted so as directly or indirectly to benefit
the company, and to lend money to, guar
antee the contracts of or otherwise assist
any such person, firm or company and to
take or otherwise acquire shares bonds, and
securities OF any such company, and to sell,
hnl T1aUr IA IL
out guarantee or otherwise deal with or dis
pose of the same to raise or assist In rails
ing money for and to aid by way of bonus,
loan, promise, endorsement, guarantee or
otherwise, the performance OF contracts or
for any transaction from which any benefit
or advantage may be derived by the COM
pany for Its corporate purposes, and to do
any act or thing not prohibited by law, for
enhancement of the value of the property,
shares, interest and obligations of the COM
pany or In which the company may be in
terested or from which 1t may derive any
Of any debt or debts due or owing to the
company the stock, shares, bonds, deben-
lures OF any other company or companies
and to use any Of the shares, bonds, deben-
lures or other securities or the funds Of the
company to purchase or otherwise acquire
and to take, hold, assign, transfer or sell
the shares, bonds, debentures or other Sc
curities or or In any company or corpora
tion authorized 10 carry on or engaged In
carrying on the business which this COM
pany is authorized TO carry on and to guar
antee the payment Of the principal and in
terest of the bonds, debentures or dividends
upon the shares of such company or corpo-
ration and while holding such shares bonds,
debentures or other securities of any other
company or corporation to exercise all the
rights and powers Of ownership thereof, in
Guiding the right to vote thereon through
such agent or agents as the directors may
appoint and to distribute such shares bonds,
debentures or other securities or any assets
Of such other company IN specie upon d.
vision of profits or distribution Of capital
among the shareholders IN any manner not
prohibited BY law; to remunerafe in fully
paid-up shares Of the company any person,