The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-31

OF. GULF-LOUISIANA LAND COMPANY
! United States OF America, State Of LouiSl.
ana. Parish Of Orleans, City of New Or
BE it known that on this thirtieth day OF
June, A. ID. 1913. before me, Lewis RosSner
Graham, 4 notary public duly commissioned
and qualified IN and for the parish OF Or
leans, therein residing and in the presence
OF the hereinafter named competent wit
nesSeS, personally came and appeared: the
several persons whose names are hereuutO
subscribed, all residents Of this parish OF
full age who severally declared that avail
Ing themselves Of the laws OF louisiana
relative 10 the formation OF corporations
| they do hereby form and organize themselves
! into corporation for term OF ninety-nine
! t99( years from this date, under the name
OF the 'Gulf-LouiSiana Land Company" the
| dOmlcie whereof is fixed at the city Of New
! Orleans, louisiana its objects and pur-
/ poses and business being to buy. sell. hold
| lease or otherwise acquire or dispose OF NOV
! able and immOyable property of any sort
! poses; TO improve the same and TO erect
| buildings OF all descriptions to borrow mo-
ney and 10 secure the same by mortgage
! hypothecation or pledge and to issue bonds
and 10 lend money, and generally TO carry
on any business or enterprise not ncon-
siStent with the constitution and laws OF
this state or OF the United States, and It
shall have power TO do and perform any act
or thing necessary or geTmane TO its bust |
ness not prohibited by the laws Of this
state or the United States.
The capital stock shall be thirty thou |
sand dollars $3.50, 0OO.00). by three hundred |
5000 shares OF one hundred dollars (SlOO) |
each said stock TO be paid for in cash, |
property or services as may be determined |
by the board Of directors. The said com !
pany shall begin business as soon as three
thousand dollars (S3,OO0OOD Of stock shall
have been subscribed.
The affairs shall be managed by a board |
or directors, composed OF three (3) stock
holders TO be elected by the stockholders
annually, by ballot, on the first day OF Oc-
tober or any subsequent day, fixed by the
board OF directors In case Of no election |
taking place on said date. Each sharehold-
Said board shall have the right to make
all bylaws and all other regulations neces
sary for the conduct Of the business, and
change and alter the same at pleasure. The
first board shall be composed OF II. l.. Fav-
rot, Miss Noelie VOORHEES, and J. Lahroy
Slusher, and shall hold office until the first
day Of October, 1914. or until their success
sors are elected and qualified They shall
elect from among themselves a president
vice-presdent and secretary treasurer. At |
the termination Of this charter or the dis
be liquidated by the board of directors as
llquidating commissioners All citation OF
this corporation shall be served on the pres
ident; or In his absence on tie secretary.
responsible for any obligation OF this cor
poration for any further sum than the IN
paid balance due on the shares OF stock
owned by him, nor shall any mere informal
tiles or irregularity of the organization have
the effect Of rendering this charter null or
or subjecting any shareholder to any further
liability than the unpaid amount due on his
stock.
In order that this charter may also serve
as the original subscription list required by
law, the subscribers to this act OF incorpor-
alton have also respectively written oppo-
site their names, the amouSt Of the capital
stock subscribed for by each OF them.
Thus done and passed, in my notarial
office. In the parish OF Orleans, on the date
hereinaboye first written In the presence OF
Nathan ii. Feite and Ernest Ragas,
competent witnesses who have signed these
presents, together with me, notary after
due reading Of the whole.
Signed: III. l.. Favrot 80 shares Noele
VOORHEES,, l share; James Jackson, 80
shares per pro III. l.. Favrot J. IAhroy
Slusher, so shares. Witnesses Nathan H.
Feitel, Ernest Ragas
LEWIS r. GRAHAM, Not Pub
l the undersigned recorder Of mortgages
in and for the parish OF Orleans, state OF
Louisiana, do hereby certify that the fore
going act of Incorporation OF tn Gulf-Lou-
islana Land Company was this day duly
recorded in my office in book 1858, folio -.
New Orleans, July 3, 1913.
(SiGned) EMILE J. LEONARD, by. Rec.
A true copy:
LEWIS r. GRAHAM Not. Pub.
july 10 II "a 81 aug IA