The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-14
CHARTER


United States Of America, State of LOuisi-
ana, Parish of Orleans, City of New
Orleans.
BE it known, that on this 2nd day OF the
one thousand nine hundred and thirteen,
and of the independence Of the United states
OF America the one hundred and thlrty-elgntn,
before me, Scott +. Beer, notary pubic
in and for the parish of Orleans, state or
Louisiana, aforesaid therein residing, duly
commissioned, sworn and qualified, and in
the presence OF the witnesses hereinafter
named and undersigned, personally came
and appeared the several persons whose
names are hereunto subscribed, who sever
ally declared that availing Themselves OF
the laws of the state of Louisiana In such
cases made and provided, they nave cove
nanted and agreed and do by these presents
covenant and agree and bind themselves, as
well as all such persons as may hereafter
become associated with them, TO form a
corporation for the objects and purposes
and under the articles and stipulations tol-
Article 1.-The name of this corporation
shall be Union Land Company, and under
its corporate name ii shall have power and
authority to have and enjoy corporate ex.
iStence and succession for the full term and
period Of ninety-nine years from ana stte ep
sued, to make and use corporate seal, and
the same to alter and break at pleasure; 10
hold, receive, lease, purchase and convey, as
well as mortgage and hypOthecate, property,
real, personal and mixed, corporeal and IN
corporeai: TO name and appoint such man.
ayers, agents. directors and officers as lts
business interest and convenience may re-
quire, and to make and establish. as well as
alter and amend, from time TO time, such Dy-
laws, rules and regulations Tor the proper
government of the affairs of said corpora
tiOn as NAV be necessary and proper.
Article 1.-THE domicile Of said corpor-
alton shall be in the city OF New orleans,
state of Louisiana, and all citations or otner
legal process shall be served upon the presl-
40 az said cnrpOrat iOn. In the event OF
his absence, upon the vice-president there
Of and In the absence Of both OF said ON
GERS upon the secretary of said corporation:
Article III.-The objects and purposes or
this corporation are hereby declared to be
20 acquire, own and operate plantations and
other real estate, cotton gins and cotton seed
OIL mills situated in the state OF Louisiana
aud generally TO exercise all other powers
incident and pertinent to the powers hereln-
Article IV.-The capital stock of this cor
poration Is hereby fixed at the sum OF three
thousand dollars (S3,0O0.00l, divided into
and represented by thirty 800 shares OF
stock Of the sum OF one hundred dollars
tSlOO.0O) each. Said stock shall be paid
for in cash at such time, In such amounts
and after such notice TO the subscribers as
may be fixed by the board of directors, or
the same may be Issued at not less than par
for labor done, or money or property actu-
ally received by the corporation.
Said corporation shall become going con-
Germ and be authorized to do business as
soon as tne entire amount OF ltS capllai
stock shall have been subscribed and paid
for in cash.
Article v.-All the corporate powers Of
said corporation shall be vested in and ex-
ercised by a board OF directors to be COM
posed of three stockholders, TO be elected
annually on the second Monday in October,
in each year, except the first board appoint
Ell in this charter, who shall hold their Of
fees until the second Monday in October,
1914.
All such elections shall be held by ballot
and conducted at the Office of said corpora
tion, under the supervision Of three com
missiOners TO be appointed by the board of
directors. |