The herald., 1913-07-31

narish Of Orleans state Of louisiana duly
commissioned and qualified, and in the pres
ence of the witnesses hereinafter named and
undersigned, personally came and appeared
the persons whose names are hereunto SUD
scribed, all above the full age OF majority
who severallt declared that, awaiting them
selves of Act SO of 1883, as well as the
general laws of the state of Louisiana rela-
tive to the organization of corporations.
they hereby form themselves into and con-
stitute a corporation for the objects ana
purposes and under the stipulations herein
after set forth.
Article 1.-The name and title Of the
corporation hereby formed Is declared 70
be Pei. IN Land Company. Its domiciie
shall be m the city of New Orleans, state
of Louisiana, and it shall have and enjoy
succession by its corporate name for a
period of nlnety-nine 900 years from and
after the date hereof.
This corporation shall have power and
authority TO contract, sue and be sued In
ii corporate name: TO make and use a cor
pOrate seal; TO hold, receive, hire and pur-
chase real and personal property ana 10
| sell, mortgage, or pledge the same, and TO
| borrow money and issue bonds, note and
other obligations.
be served upon the president, and in the
! event Of his absence or inability to act
| from any cause, the same shall be served
upon the vice-preSident, or any other ofncer
! in New Orleans, Louisiana.
| Article 1.-THE objects and purposes for
which this corporation Is organized, and
| the nature of the business TO be carried on
| by 1t are hereby declared TO be:
To purchase or otherwise acquire, erect
construct equip, improve, extend work, de-
| velop operate, maintain, own, repair, con-
| troll, sell, lease or otherwise dispose OF wa
| ter rights reservoirs, dams, canals, tunnels,
i bitches fumes drainage systems, controlling
works, power plants and irrigation works or
plants, of whatsoever kind or nature, for
the purpose of irrigating lands, retaining
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 disposing of power
light heat or energy In whatsoever form OF
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 oil
cucumber real estate or other property, per
Sonal or mixed, and to survey, subdivide
plat improve and develop irrigated, sub
merged and other lands for the purpose Of
all things needful and lawful for the devel
opment and improvement OF the same FOL
agricultural, planting, cattle raising, resi-
dence trade and business.
to hold, own or CONTROL receive, store, con
! vey. deliver, SELL lease or otherwise dis
pose Of water, ice or moisture in any form
or rights of any nature in and to water, Oh
the usage thereof
Generally to carry on or undertake an,
other business OF the same general natur,
which from time to time seems to the di
rectors of this corporation capable of beinl
. conveniently carried on in connection witt
I the above objects, or calculated directly o.
indirectly to render valuable or enhance tn,
; value Of any of the company's privileges o.
: rights, and which Is lawful in louisiana To-
corporation so organized
Article llI.-The capital stock of thi
corporation Is hereby fixed at the sum o
four million $4,000, 10000 dollars, divide,
, Into and represented by forty thousan,
100000 shares of the par value Of on
hundred ($100) dollars.
Said stock shall be paid for In install
ments Of such amounts and at such time
as the board Of directors may determine. bu
any part or parcel OF said stock NAV b.
issued by said board Of directors at no
less than par, in payment of labor don
: or property actually received by said cor
poration.
This corporation shall commence bushes
: and be going concern as soon as ten thou
. sand (S10,000.00) dollars of its capita
e stock shall have been subscribed for, an