The herald., 1913-07-24

dred and thirteen, before me, Arthur b
| Leopold, Notary Public in and for the
| parish 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 sub
scribed, all above the full age OF majority,
| who severally declared that, availing them
selves OF Act SO OF 1883, as we'll as the
| general laws of the state OF Louisiana rela-
| tive 10 the organization OF corporations.
| they hereby form themselves into and con-
| stitute a corporation for the objects and
| purposes and under the stipulations herein
| after set forth.
Article 1.-The name and title OF the
| corporation hereby formed is declared to
be Pei, an Land Company. Its dOmicile
shall be in the city of New Orleans, state
OF Louisiana, and 1t shall have and enjoy
succession by its corporate name for a
period of ninety nine (99) years from and
after the date hereof
This corporation shall have power and
authority TO contract, sue and be sued in
1t corporate name TO make and use cor
porate seal; to hold, receive, hire and pur-
chase real and personal property and TO
sell, mortgage, or pledge the same, and to
borrow money and issue bonds, note and
other obligations.
All citations or other legal process shall
be served upon the president, and in the
event or his absence or Inability to act
from 'any cause, the same shall be served
upon the vice-president, or any other officer
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-
yelop operate, maintain, own, repair, con-
troll, sell, lease or otherwise dispose of wa
ter rights, reservoirs, dams, canals, tunnels.
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
numes, 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
nght heat or energy in whatsoever form or
nature, and the exercise of the customary
and necessary powers incident thereto
10 acquire by purchase or otherwise own
mold, buy, sell, convey, lease, mortgage or
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
safe or otherwise, and to do and perform
an things needful and lawful for the devel-
agricultural, planting, cattle raising. resi-
dence trade and business.
TO purchase, or otherwise acquire and
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. or
the usage thereof '' VI
GENERALLY to carry on or undertak. anv
other business OF the same general nature
when from time to time seems to the di
rectors OF this corporation capable of being
conveniently carried on In connection with
tne ABOVE objects, or calculated directly or
indirectly to render valuable or enhance IN.
vaiue or any OF the companys privileges or
rights, and which is lawful in louisiana for
corporation so organized
Article III-The capital stock Of this
corporation Is hereby fixed at tn. snm N
four million (s4.00o, O00.O O) dollars. divided
INTO and represented by FORTY tbousanJ
S4O,0OOC shares Of the par value OF ons
hundred (s100) dollars. " 'He
SAID stock shall be paid for in INSTALL
ments or such amounts and at such tim.,
as the board Of directors may determine bnf
any part or parcel Of said STOCK ma1 y.
issued by said board of directors at ,ot
less than par, In payment of labor dom
or property actually received by said cor
This corporation shall command. hr,,
ana De going concern as soon as fem fho,'
sand $lO,OO0.00) dollars Of its canitsI