The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-27
CHARTE Err
OF THE LOUISIANA HOMESEEKER
FARM AND LAND COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.

a,
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
Be it known. that on this twenty fourth
day of May, in the year of our Lord one
thousand nine hundred and twelve, and of
the independence Of the United States Of
America the one hundred and thirty-sixth,
before me, Charles A. Butler, notary pub
lie in and for the parish OF Orleans, state
Of Louisiana, duly commissioned and quail
fed, and in the presence of the witnesses
hereinafter named and undersigned, person
ally came and appeared the several persons
whose names are hereto subscribed, who
severally declared that ayailing themselves
of the provisions of the laws of Louisiana
relative to the organization of corporations,
they have cOvenanted and agreed, and do by
these presents mutually contract, covenant
and agree and bind themselves, as well as
all such persons who may hereafter become
associated with them to form and consti-
for the objects and purposes and under the
agreements and stipulatlons following, viz !:
ARTICLE /.
The name and title Of this corporation
shall be THE LOUISIANA HOMESEEKER
FARM AND LAND COMPANY" Under
that name said corporation shall have pow
er and authority to exist and enjoy success
sion for a period Of ninety-nine years from
date hereof; to contract, sue and be sued,
to make and use a corporate seal and the
same to break or change at pleasure; to
hold in fee or otherwise; to receive, lease,
purchase, ALLEVIATE and convey, as well as
to mortgage and hypothecate property, real
and personal; to issue stocks and bonds
therefor, to name and appoint such man.
terests Of said corporation may require /;
and to establish such bylaws, rules and
regulations for the proper management of
the affairs Of said corporation as may be
necessary and proper and the same to al
ter at pleasure, and generally to do and
perform all such acts as may be proper and
necessary to carry out and execute the pur-
poses OF this corporation.
ARTICLE III
The domicile of this corporation shall be
In the city OF New Orleans, state Of Loulsi-
ana, and 1t may establish offices and trans;
act business wherever 1t may be deemed
advisable by its board Of directors. Cita-
ton and all legal processes shall be served
upon the president Of the corporation, or,
In MS absence, upon any officer Of the cor
poration.
ARTICLE III.
The objects and purposes for which this
corporation is formed and the general ma
ture OF the business to be carried on by II
are declared and specified to be: To buy,
sell, hold In fee or otherwise to lease and
convey real estate, timber lands, mineral
lands, agricultural lands; to develop agri-
cultural and mineral lands; to drain and
reclaim swamp lands to contract, acquire
and operate canals, water works, tramways,
other means Of transportation that may be
necessary or required: to construct, acquire
and operate telegraph and telephone lines
to construct and operate hotels, warehouses,
landings, general stores In connection with
Its business, and generally to do any and
all acts ordinarily pertaining to or convent
ent to It's business within and without the
limits OF the state of Louisiana.
ARTICLE Nv.
The capital stock of this corporation is
hereby fixed at fifty thousand dollars, d.
yided into or represented by five hundred
shares of one hundred dollars each Said
stock shall be paid for in cash at the time
OF subscription, or the same may be issued
at not less than par, in payment of pro-
said corporation, for labor done or money
actually received said company shall com
menee business as soon as one hundred
shares OF Its capital stock shall be sub
scribed for; certificates of stock fully paid
and worcestershire shall be issued to each
subscriber for the amount paid by him
The board of directors shall have the
power at any regular or special meeting Ia
order the issue Of additional stock from
Time TO time up to the amount of the au
mo hs, capital stock Of the company. a:
may require; said authorized issue of stock
must first be offered to the then stockhold
ers OF the company In proportion to the
compared with the total amount of stock
issued at the time II any stakeholder re
fuses fuses or falls to accept and pay for said
writing is addressed to his last known place
OF residence, 1t shall then be offered prc
rata to the remaining stockholders; IL al
any time any part or the stock issued or
dered by the board of directors shall not b,
subscribed and paid for as provided in thi.
article, then and In that case the said issu,
or any part thereof may be offered and sold
at the discretion Of said board of director:
to non-stockholders, but In no case at les.
than par. Any director who may be absent
at any meeting Of the board may be repre-
sented by a written proxy to any director
and the said representative Of the absent
director may be empowered by the absent
director to vote either wholly according Il
MS own discretion or according to the writ
ten Instructions of the absent director. h
| the proxy SO provides.
ARTICLE v.
All the corporate powers Of this corpora
ton shall be vested in and exercised by :
BOARD OF directors, to be composed of moi
less than three or more than nine stock
holders, each Of whom shall hold In his own
name at least five shares Of stock said di
rectors to be elected annually on the SECOND
wednesday of January Of each year: which
| election shall be held at the ONCE Of ths
company after ten days notice In writins
shall have been given to each Shareholder
OF the time and place Of holding said annual
election, which notice may be served by
transmitting same to him through the mails
az MS last known place Of residence: ant
AFTER due notice Of the holding Of said an
nuai eiect'on shall have been given BY one