The herald., 1912-05-23
ARTICLE III.

the vice-president or any other officer in
New Orleans, Louisiana.
ARTICLE II.
The objects and purposes for which this
corporation Is organized and the nature OF
the business to be carried on by 1t are here
by declared to be:
To purchase or otherwise acquire. erect,
construct, equip, improve, extend. work, de-
veop, operate. maintain, own, repair, con.
troll, sell, lease or otherwise dispose OF
water-rights, reservoirs, dams, canals, tun-
nels, bitches, fumes, drainage systems, con-
works or plants, of whatsoever kind or ma
ture, for the purpose of irrigating lands. re-
claiming submerged lands, or storing waters,
and the draining and conveying OF waters
from one place or places TO another place or
places.
To purchase, lease or otherwise acquire,
erect, equip, improve, extend, work, develop,
operate, maintain, own. repair, control. sell,
lease, or otherwise dispose of water-rights,
reservoirs, dams, canals, tunnels, bitches,
fumes, drainage systems, controlling works,
power plants, or plants of whatsoever kind
or nature, for the purpose OF purchasing,
leasing or otherwise acquiring, and selling,
leasing, or otherwise disposlng of power,
light heat or energy in whatsoever form
or nature, and the exercise OF the customary
and necessary powers incident thereto. .
To acquire by purchase or otherwise, own,
hold, buy, sell, convey, lease, mortgage or
cucumber real estate or other property. per-
sonal or mixed, and to survey, subdiyide.
plat, improve and develop irrigated, sub
merged and other lands for purposes of sale
or otherwise, and to do and perform all
things needful and lawful for the develop
ment and improvement OF the same for agri-
cultural, planting, cattle raising, residence,
trade and business.
To purchase, or otherwise acquire, and TO
hold, own or control, receive, store, convey.
deliver, sell, lease or otherwise dispose or
water, ice or moisture in any form, or
III Of
the usage thereof.
Generally to carry on or undertake any
other business of the same general nature
which from time to time seems to the d.
rectors Of this corporation capable of being
conveniently carried on In connection with
the above objects, or calculated directly or
indirectly to render valuable or enhance the
value of any OF the companys privileges or
rights, and which Is lawful In Louisiana,
for corporation so organized
ARTICLE III.
The capital stock Of this corporation Is
hereby fixed at the sum Of one hundred and
fifty thousand dollars (S150,OOOOO), divided
into and represented by fifteen hundred
15OO) shares Of the par value OF one hun
Said stock shall be paid for in Install
ments OF such amounts and at such times
as the Board of Directors may determine
but any part or parcel of said stock may be
issued by said Board Of Directors at mol
less than par, in payment OF labor done OF
property actually received by said corpora
ton.
This corporation shall commence business
| and be a going concern as soon as one nun
| bred shares OF its capital stock shall hav,
been subscribed for, and this charter signed
and executed by the incorporators.
ARTICLE ".
All the corporate powers OF this corpor
| alton shall be vested in and exercised by
board of five 90 directors, to be composed
/ OF stockholders, three 81 OF whom shai
| constitute a quorum for transacting all busl
ness. The Board OF Directors shall be veste.
| with full power and authority TO make al
j contracts. purchases and sales, and adop
/ all bylaws, rules and regulations Tor IN
/ government of the business and analrS 0
i the company, and alter, amend and chang
| the same at pleasure appoint, hire ana dl,
i charge all officers, agents and employees
II fix all salaries. and generally 90 ana PEI
a form all things necessary In the transal
ton OF the business and affairs OF tne con
many. ANY vacancy occurring In said Ooar
Snail be filled by the remaining directors
n the manner provided for In the bylaws. ~
n first Board Of Directors OF this corporate
4 shall consist Of Samuel A. Webster; A.
, Dusenbury and A. B. Graves, with the SAL
II samuel A. Webster as president, A.