The herald., 1913-08-28
BUILDING PERMITS.
CHARTER
OF MASSACHUSETTS, COLONIZING AS
ISOLATION.
luARTER

Bc IL known, that on this eighteenth day
Of August before me, Frank william liari'
a notary public, duly commissioned ana quar-
flied in and for the parish Of Orleans, state
of Louisiana, and in the presence OF the
witnesses hereinafter named, personally
came and appeared the several persons
whose names are hereuntO subscribed, VINO
scverally declared that complying win the
provisions OF the laws of Louisiana they
have COvenanted and agreed ana do by
the@, presents contract covenant and agree,
and bind themselves, as well as all such
persons as may hereafter become associated
with them, to form and constitute corpor-
alton for the objects and purposes, ana un-
der the articles and stipuatlons, following
tO-wit:
Article 1.-The name and style Of this
corporation shall be Massachusetts, COlonlz-
ing Association, and under its said corpor-
ate name ii shall have power ana authority
10 have and enjoy succession for the full
term and period Of ninety-nine 1921 years
from and after the date hereof, TO contract
sue and he sued; to make and use a cor
porate seal and the same to break or alter
at pleasure; TO receive, lease, purchase, hOid
or convey, as well as mortgage ana hypoth-
ecate property, real, personal or nliHeu, coi
poreal or inCorpOreal; to issue bonds, notes
or other evidences OF indebtedness, 10 name
and appoint such managers, agents, dlrec-
tors and officers as It's business or interests
and cOnyeniences may require, TO make anu
establish as well alter and amend from
time TO time such bylaws, rules and regu-
lations for the proper conduct. management
alton as may be necessary and proper.
Article 1.-THE domicile of said corpor-
alton shall be at New Orleans, Louisiana,
and all citations or other legal process shall
be served upon the president OF said cor
poration, or in the event of his absence upon
the vice-p president, or in the absence or both
OF these officers, upon the secretary.
Article III-The objects and purposes
for which this corporation is established.
and the nature of the business TO be carried
on by it, are hereby declared and specified
to be:
To purchase. own. hold, sell, mortgage,
lease. ALLEVIATE receive acquire and deal In
real estate and interests therein of all sorts
in the state Of Louisiana or elsewhere IN
the United States; TO develop, improve, Gull
tivate and sell the same to locate. develop,
improve and operate tOwnsites and villages
upon any lands that 1t may own or acquire +:
to Introduce from any part OF the United
States or any foreign country, coloniSts or
settlers to cultivate and develop its lands
to engage In the general colonization bust
ness for its own account, or as the agent
of others to develop oil, mineral and tim
Der lands by drilling wells, and mining for
all kinds of minerals, constructing sawmills,
building logging roads, and manufacturing
and marketing the product and output or
such wells, mines and mills; to buy or
build, maintain and operate stores, pack
ing houses tramroads, warehouses, eleya'
tors. dwellings. water craft, pumping, drain
age and irrigation plants, stations and
docks TO raise, buy, sell and deal in live
stock to engage In the business OF farmers
and planters and generally TO n0ld ana eX-
ercise ali such Incidental powers and priv
ileves as relate to the powers hereinabove
set forth.
Article Iy-The capital stock OF said
corporation is hereby liked at one hundred
and fifty thousand (s150,0O0.00) Dollars
divided into, or represented by six thousand
(6,OOO) shares, Of twenty five (S25.O0) dol
lars each.
Article V.--An the powers of this cor
poration shall be vested in and exercised by
board OF directors TO be composed OF not
less than three more than seven stock
1 holders, to be elected annually on the first
Monday OF September of each and every
year. All such elections shall be by ballot
conducted at the Office OF the said corpora
ton under the superintendent of three com
mlssioners to be appointed by the board OF
directors and of such electiOn-as well a:
of all meetings OF stockholders, except FOL
the purpose of liquidation or dissolution
or as otherwise required by law-ten days
notice shall be given by mailing to eacf
stakeholder who appears as such on the
books Of the company. at his last designa tee
address, or at the general delivery at New
Orleans, II he has not designated an address
an announcement stating the time and place
OF meeting
Each stakeholder shall be entitled to one
vote for each share of stock standing in his
name on the books OF the company, TO bt
cast In person or by proxy. and the majority
OF the votes cast shall elect.
The board of directors shall have the
power to NIL all vacancies that may occur
on the board.
The failure to elect directors on the date
above specified shall not dissolve the cor
pOratlon, but the directors then In Office
shall remain in Office until their successors
are elected Due notice of another election
shall be given as above provided, and such
notices of election shall continue to be given
until the election Is held.
A majority OF the directors shall consti
tute a quorum for the transaction OF any
business, and the board Of directors at their
first meeting following each annual election
n n HQ-nF
retary-treasurer, and such other officers as
IL shall deem necessary. The board shall
have power In its discretion to unite two
or more offices, and the same to confer upon
one person.
The board of directors may make and
establish as well as alter and amend, any
and all bylaws, rules and regulations nee
esSary and proper for the support and man
agement OF the business and affairs of said
corporation, not inconsistent with its char
ter.
Said board shall also have full power and
authority to borrow money through the
president or some other duly authorized
notes. bonds or other obligations and gen
orally to do things reasonable and necessary
for the proper carrying on Of the business
of the corporation; as also TO issue and
deliver full paid shares Of stock or bonds
or obligations of said corporation in pay
ment OF labor or money borrowed, or prop
erty or rights actually received by said cor
poration.
Any member OF the board Of directors who
may be absent from the domicile OF the com
pany, or who may be prevented by sickness:
from attending, may give a written proxy Il
any other member Of said board OF director.
TO represent him In all matters at any meet
ing OF the board Of directors. whether gen
eral or special.
Article YI-Whenever this corporation
may dissolve, either by limitation or by any
other cause whatsoever, its affairs may b,
Hquidated by three 81 stockholders to b
appointed at a general meeting OF the stock
holders for the purpose OF liquidation, az
hereinafter provided, each share being emit
tied to one vote in person or by proxy. Said
commissioners shall remain In office until
the affairs OF said corporation shall have
been fully settled and liquidated and shall
have full authority and power to transfer
and give title TO all the assets and property
Of the corporation. In case of death disa.
bility, or resignation OF one or more OF said
commissioners, the vacancy shall be filled
by election by the surviving commissioner
or commissioners.
The stockholders are especially empow-
cred by a three fourths vote of the entire
stock, cast at a meeting called for that pur-
pose to sell the entire assets of this cor
poration. either for cash, or for stock In
some other corporation.
Before any stakeholder shall make a sale
Of his stock he shall offer same to his CO.
gfnck h0l6ara xyh0 ha1 ha