The herald., 1912-05-23
CHARTER
OF THE wESTSIDE IMPROVEMENT
COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or


Be 1t known, that on this nineteenth day
of the month of April, in the year of our
Lord one thousand nine hundred and twelve
C9l2), and of the independence OF the
United States of America the one hundred
and thirty-sixth, before me, Arthur b. Leo
pold notary Publie IN ana Tor t dlp parish S
missioned and qualified, and In the presence
of the witnesses hereinafter named and I'M
dersigned, personally came and appeared
the following persons, whose names are
hereunto subscribed, together with the
amounts of their respective subscriptions to
the capital stock OF the corporation to be
formed, who severally declared, that avail
ing themselves Of the provisions of the gen.
eral laws of the state of Louisiana relative
to the organization of corporations, they
have contracted and agreed and do by these
presents covenant and agree and bind and
obligate themselves, as well as such other
persons as may hereafter become associated
with them or their successors, to form and
constitute corporation and body polite in
law for the objects and purposes and I'M
der agreements and stipulations following,
to-wit:
ARTICLE /.
The name of this corporation shall be
WESTSIDE. IMPROVEMENT COMPANY,
and under its corporate name 1t shall exist
and have succession for a period of ninety
nine years from date hereof, and 1t shall
have and exercise for the purposes of its
leges conferred by law on similar corpora
lions and it shall be and Is further author
lied and empowered to do and perform any
act or thing and conduct any and all busi-
ness usually connected with and pertaining
10 the affairs and business set forth In
Article III of this charter and which is not
specially prohibited by law.
IL shall have power and authority to
hold, own, receive, purchase and lawfully
acquire by deeds of conveyance, contract,
lease, rental or In any other lawful manner
H.
personal and mixed, which 1t may deem use
full and expedient to hold, use and employ
for or In connection with the exercise and
use Of its corporate rights, powers and pur-
poses and likewise with full power and au-
thority to ALLEVIATE, dispose OF. lease, rent,
sell, convey, mortgage hypothecate, pledge
or otherwise cucumber, Its property, real,
PERSONAL or 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 hypothecatlon of pro-
perty, or by mortgage, or other evidences Of
lien placed upon its property, franchise, real,
personal and mixed or any part thereof.
1t shall have power to elect officers and
directors, to name and appoint Its mana
gers, agents and other employees, and to fix
their compensation, and TO discharge the
same at will to establish and adopt such
bylaws, rules and regulations as may be
deemed expedient and proper for the con-
duct and management OF Its property and
business, and the same TO alter, amend and
abolish at pleasure; TO make and use
common or corporate seal. and the same
to break and alter at pleasure, and gener-
ally TO do and perform all acts and things
requisite and necessary to carry out the
objects and purposes OF this corporation.
ARTICLE II.
The domicile Of this corporation shall be
in the city OF New Orleans, state OF Louisi.
ana, and all citations and other legal pro-
cess shall be served on the president and in
his absence on the vice-presldent and in the
absence OF both of said officers on the Sec
rotary Of this corporation.
ARTICLE III.
The objects and purposes for which this
corporation is formed and organized and the
nature OF the business to be carried on by
It are declared to be: To acquire, reclaim,
Improve and cultivate landed property; also
to acquire by purchase or lease, operate,
sell and otherwise dispose of any and every
species OF property, real ard personal, neces-
used In order TO more effectually carry out
the main design OF the organization Of the
company.
ARTICLE ".
The capital stock of this corporation Is
hereby hxed at the sum Of one hundred
dollars (s100.00O.00) divided into |
and represented by ten thousand (1O,0o0l |
shares of the par value of ten (S10.00) dol |
ars each, to be paid for In money, or foe |
abor done or services rendered, or such |
took as may be issued or delivered for
ands and other property to be taken. ac-
epted and received by the corporation for
Is corporate purpose sat such valuation and
pom such terms for said stock as the board
I directors may determine and direct from
line to time to be expedient. The capital
took OF the corporation may be increased
r reduced by proceedings taken in the