The herald., 1912-10-10
CHGB T


UNITED STATES or AMERICA. STATE
OF LOUISIANA PARISH OF ORLEANS
CITY OF NEW ORLEANS
b i know z. that on tlls seventh o4y q
L. month - S-y--1- -. - ne year @ our q
Lord. one thousand nine hundred and twelve
and 4 tle I1I-p@11-l-- ot me Tinted States
4 America, liz one ai2isel ana JL.s-!
notary public. n and fg- The parish u D--
.-a-s- state u Louisiana. duly rJL--.>>. l--1
and qualified. and = The presence o. ne
signed, personally cane and appeared the
>aFe-E. persons w-D Lr-eLl-J SI-<--- --r!- q
names a.. residents - This city. w-o sever
ally declare. mat ayai-.-- themselves ~ ne
provisions Il IT, Avs. and TIE cg->-l- l.-ga
Z the state q Louisiana. relative . the
Organization q corporations. they have rO1-
,-a-ted and agreed. and Do by tles= pres
-l-s. contract, agree bind and y----ate -lr-l-
selves a. W.. a. such persons a. may -
associated with -----. or may hereafter l--
come associated wiki them. 20 form AID con
s,.-l-e corporation o. BODY polite n "a"
FOR the objects AID purposes herein *
p-eSsi and under re agreements and slip I
l.at.J1s following. -o-w!t
ARTICLE l.
The name q -L-S corporation slS.4 y
B 5-alCs2 Land AID IDpr0ve1rlt Com
pa1y." viii il 6oEi-ie IL the City %
New Dreams, state % Louisiana. and under
is corporate name i shall have succession
hereof i shall have the power and author
IL 20 sic and - sued 70 JCy. hold. receive, 7
Improve. convey. sci. operate. p.etEe, mort
SAGE. Lypo-1ecaTe. rent and lease property,
real. -rSoaal or mixed 70 name and appoint
all manner OF employees AID agents a. IL
interests may require: 70 have power aol
authority 20 borrow and END money. issue
londs. secured o. unsecured. n such manner
is board OF directors may determine: and
generally il shall have power and authority
70 do al such acts and things provided D.
lsw. that may = Necessary and proper %
carry Out the objects and purposes fer which
this corporation i formed and i hereby
vested with a.. % the inmUniJ!SS, rights and
privileges conferred upon corporations u
Re. the laws OF louisiana To have the pow
- 20 make. alter. amend and abolish such
bylaws. rules and regulations for the proper
cOndurT OF its business as il may require II
shall have power 10 act as agent or repre-
sentative % any person, persons OF corpoE-
atoms, as the board Of directors may de-
termlne.
AL citations and other Legal processes d.
rected 10 this company shall - served upon
the president or in the event OF his abs nee
or inability 70 act, then upon the vioe-pres-
ARTICLE III.
The objects and purposes FOR which this
corporation Is organized and the nature Of
the business 10 - carried on By il are here
by declared 20 -: To do s general real e.
tate business in all its branches; 20 buy and
sell lands. 10 build houses. construct in
proveuents Oh land % any nature. and TO
rent lease. buy. and sell improved or IN
improved property. no matter where same
nav = located 10 reclaim wet lands. TO
irriSaIe dry lands and 10 construct any de
vice that will improve real estate or land
generally.
The capital stock OF this corporation =
hereby dxed az ten thousand dollars $50
60 90. divided into one hundred shares
tlU0t Of one hundred dollars 500 Ool each,
which said stock shall be paid for in cash.
OF It's equivalent al the time OF subscril-
ton. or may b issued fun paid and non
asseSszbse for property actually purchased
or services actually rendered 20 this cor
poratiOn. al fair and market value.
This corporation shall - : going concern
as soon as the stock i fully subscribed
ARTICLE V.
All the corporate powers Of this c0rpor-
alton shall BE vested in and exercised by 8
( board Of six TO- directors. who shall =
Z stockholders All vacancies occurring OF
said board OF directors between elections
shall - filed BY the remaining directors for
| The uneIpired term. AM director may Dc
[ represented al any board meeting by g gen
stakeholder
and authority 10 exercise all the powers
granted 10 This corporation in Article / and
under the laws Of this state.
! The officers Of this corporation shall -
treasurer. The las; two 90 Offices NAV
/ - filed by one a. person. IL the board -
determines All Of said Officers must h@
members Of the board.
]
/ poTatiol i hereby declared 20 BE: Frank
/ B. Hsyne, William J. Poitevent. John Poite-
vent June PoiteyenT. Eads POitevent and
/ Gordon : Orme. with the said Frank r
/ Hsyne as president: said William ]. Polite
vent as vice 7esident. the said John Polite
vent - secretary and the said EAds Poite-
vent as treasurer Three 81 directors shall
l constitute q quorum for the transaction OF
[ any business.
/ Sail hoard OF directors and officers shall
I hold their respective Offices until the second
q = nu - Ia 1T -
/ annually thereafter an election for direc-
/ tors shall - held al the Office OF the cor
poration in conformity with the provisions
| Of this charter. And said directors when
/ 80 elected shall proceed at once IS elect
from among their members the officers here
/ in provided for.
! A failure to hold such election shall no,
aunul this charter but the then existing
board OF directors and officers shall bold
1 their respective Offices until a new election
can Be held. which shall Be as soon as pos
sibe thereafter.
| Any member Of the board OF directors
I may be represented at any or all meetings
\ OF he hoard. by written PROXY given 10
one OF the stockholders Of this corporation.
said proxy may Be special or general
i Ten tlol days prior written notice shall
4 Dc given through the mail 10 each stockhold-
4 er al his last known address Of all meetings
Of stockholders. unless BY unanimous con
i stock issued votes at the meeting and valves
the notice referred TO:
| ARTICLE VI
II This charter Bay BE altered or amended
or this corporation dissolved by a three
i fourfhs (3-4l vote OF the stock issued and
present or represented al any regular or
Il special meeting OF the stockholders called
Tor that purpose, after due notice as herein
provided
At the dissolution Of this corporation.
u whether By Limitation ~ otherwise the af-
fairs thereof shall Be liqlidated and wound
up by the then existing board OF directors
No stockholder OF this corporation shall
he held liable or responsible for the con-
! tracts or faults thereof. In aay further sun
than the unpaid balance due the CORPORATION
on his stock, Dor shall any mere informalirv
in the organization hereof render this char
ter null. Or OF exposing any stockholder 20
, any liability Whatsoever.
J Thus done and passed. IN NJ Office in the
!, City Of New Orleans. State Of Louisiana
! seph Armshaw, competent male witnesses
I who hereunto sign their names Together
! with the said appearers and me- notary. AZ
! ter due reading Of the whole.
Original Signed: Eads Poitevent ". ]
! Poiteyent. June Poiteyent. Frank B Haype
, per Eads Poitevent John Poiteyent De,
; Eads POitevent, Gordon s. O-me. Witness
e, o. LACour. Joseph Armshaw
". MORGAN GURLEY. Not Pub
| i. the undersigned. recorder OF nortyageS
: In and for the parish OF Orleans state OF
, Louisiana. do hereby certify that the abov.
! and foregoing act Of Incorporation OF ths
Z "Bogalusa Land and improvement Company
was this day duly recorded IN ny office II
: hook No I055 roiio Va