The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-02

otber obligations: also to buy and own or
sell bonds and stocks OF other corporations
and 10 issue its own stocks and bonds for
the stocks and bonds of other corporations.
citations and legal process may be served
on the treasurer and In his absence on any
other officer of the corporation in New Or
leans.
ARTICLE IL.
The objects and purposes for which this
corporation Is organized and the nature Of
the business to be carried on by 1t are as
follows:
hold, sell, convey, lease, mortgage and en-
eumber property Of all kinds, real, personal
and mixed, and 10 survey, subdiyide, plat,
drain, improve and develop irrigated, sub
merged swamp and other lands for purposes
Of sale or otherwise, and to do and perform
ali things beneficial. necessary and lawful
for the development and Improvement of
the same for agricultural, grazing, trade,
business or residence purposes To buy, cut
and sell timber and lumber from lands own
ed BY the company and from other lands,
and TO purchase, build, erect, equip and OPP
crate sawmills therefor. To buy and sell
standing timber on lands not owned by the
company and TO buy and sell timber and
lumber of all kinds. To farm, plant and
cultivate lands owned by the company and
other lands under leases or otherwise, and
to purchase, construct, equip and operate
farm and other machinery therefor, and TO
buy and otherwise acquire and use horses,
mules, oxen and other animals therefor. To
breed grow, buy and sell horses, mules cat
tie and live stock Of all kinds. To do
general dairying business, including the
making Of butter and cheese. To buy and
sell and build, construct, furnish and equip
buildings of all kinds on lands owned by the
company and on other lands for residence,
business and all other lawful purposes. To
dig and bore for oil and gas on lands owned
by the company and on other lands and to
take, pump and extract oil and gas from
refine and sell oil and gas. To dig, mine
and extract minerals and ores of all kinds
from lands owned by the company and from
other lands to treat and smelt ores and
extract minerals therefrom and to ship.
transport, convey and sell ores and miner
ais OF all kinds. To buy and sell goods
wares and merchandise Of all kinds and to
conduct and operate stores and shops there
for To purchase, build, construct, equip
and operate steamboats, and steamships and
boats and ships of all other kinds and with
all other motive powers for carrying freight
and passengers either as common carriers
or otherwise. To purchase, lay out, build
and construct railroads and the rolling
stock and equipment therefor and to operate
the same either as common carriers or other
wise. TO purchase, equip and operate lines
OF transportation of all kinds for carrying
passengers and freight by any and ali
means OF conveyance and either as common
carriers or otherwise. To lay out, build
and construct streets and highways and to
dig erect, build and construct canals, roads
and bridges either for public or private use.
To lay out, build and construct towns, vii
lagos and cities with streets, parks, squares
sewers and all other improvements To en-
gage In and carry on any manufacturing
business which the directors of the company
may believe advantageous. To purchase,
lease or otherwise acquire, construct, equip,
improve, extend, develop. operate, own, con-
troll, sell. lease and otherwise dispose of
water rights, reservoirs, dams, canals fun
nels, bitches fumes, drainage systems, con-
lnrEa Ala. "a.
works and plants OF all kinds for the pur-
pose OF irrigating lands, draining and re-
claiming submerged, marsh and wet lands
and storing waters and conveying waters
rom place to place To purchase, lease or
otherwise acquire, construct, equip, improve,
extend develop, operate, own, control SELL
lease or otherwise dispose OF water rights,
reservoirs, dams, canals, tunnels, bitches,
numes, drainage systems, controlling works,
power plants and plants OF all other kinds
1or the purpose of purchasing leasing and
otnerwise acquiring and selling, leasing and
otnerwise dispostng of power. light, heat
ana energy In all forms and the exercise OF
me customary and necessary powers Incl
oent tnereto. To purchase, or otherwise
acquire and to hold own control, store.
S%nvey, deliver, sell, lease and otherwise
dispose or water, Ice or moisture in any
form, and rights Of any nature in and to
wafer and the usage thereof. And generally
" undertake and carry on any other bust
sess OF the same nature as either of the
nom time to time may seem to the direc-
sors OF this corporation capable of being con-
ssnaientiy carried on in connection with
Smner or the above objects, or calculated
@,ectly or indirectly to render valuable or
FINANCE the value of any of the company's
nhds, property, privileges or rights. and
which Is lawful In Louisiana for a company
70 organized
ARTICLE III.
The capital stock Of this corporation is
nekeoy liked at the sum of three hundred
s sna dollars (S300, 0O0.00), divided into
anu represented by three thousand (3,OOO)
iI as1 OF the par value of one hundred dol
ars tSl0O): Said stock shall be paid for
y. ~ instalments of such amounts and at such
m na,es as the board of directors may deter
ma vut any part or parcel Of said stock
ma pe issued by said board of directors at
~ av' les, !ess than par, In payment of labor done
~ lRrvperty actually received by said corpo-
hnsira rms corporation shall commence
II, ,Ss and be a going concern as soon as
~ snonsand dollars ($6, 900 0O) of its capt.
-. ~ STOCK shall have been subscribed for. and
sa,, cnarter signed and executed by the in
ARTICLE ".
tioa Al tne corporate powers Of this corpora
hoa snail be vested in and exercised by a
- oaru OF three go directors, to be composed
u stockholders, two or of whom shall con-
s sasa'e "a quorum for transacting ali bust
Al n..l Inc board of directors shall be vest
ali cn. .a Iull power and authority to make
All nlraets, purchases and sales, and adopt
sIaws, rules and regulations for the
fSs aent of the business and affairs of
fhs ompany, and alter, amend and change
dischsr~se al az pleasure; appoint, hire, and
emnia.se ali officers, managers, agents and
and g fix all salaries, and generally do
perIorm all things necessary in the
tho stion OF the business and affairs of
sn sompany. Any vacancy occurring in
.voard shall be filed by the remaining
term ~ Ior the baalnce of the unexpired
by.jsvs tne manner provided for in the
,,, The Arst board of directors of this corpo-