The herald., 1913-08-14
lIAUTEE

CHARTER
OF GULF-LOUISIANA LAND COMPANY.
United States of America, STATE Of LpIl-.-
ana, Parish Of Orleans, city ot New or
leans.
BE il known that on this thirtir.a day %
June, A II. 1913, before me, Lewis kU~~n"E
Graham, a notary public duly COMMISSIONS
and qualified In and for tie parish or bg-
leans therein residing and in the presence
II Tie hereinafter named competent wit
ncsscs, personally came and appeared: The
several persons whose names are h"reuntg
subscribed, all residents Of this parish "
full axe, who seyera.ly declared that avail
Ing themselves Of the laws OF Louisiana
relative 10 the formation OF corporations,
they do hereby form and organize themselves
into a corporation for "A term OF ninety nine
tg9D years from this date, under the name
Of the Gulf Louisiana Land Company the
dOmcle whereof is fixed at the city Of New
Orleans, Louisiana; Its objects and pur-
poses and business being 10 buy, sell. hold,
lease or otherwise acquire or dispose OF NOV
able and lmmOyable property of any sort
wherever situated, for any and all pur-
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 TO lend money, and generally TO carry
on any business or enterprise not incOn-
Sistent with the constitution and laws OF
this state, or OF the United States, and 10
shall have power to do and perform any act
or thing necessary or Sermane 10 It's buSl-
ness not prohibited by the laws OF this
state or the United States.
The capital stock shall be thirty thou
sand dollars 30,OO0.0O), by three hundred
5000 shares Of one hundred dollars (S1OO)
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,O0OOO) Of stock shall!
have been subscribed.
The affairs shall be managed by board
OF directors, composed OF three I'D stock
holders 10 be elected by the stockholders
I,11 q ftn AV-f lav Of 10
tober or any subsequent day, fixed by the
board OF directors In case Of no election
taking place on said date. Each sharehOld-
er of stock shall be entitled 10 one vote
Said board shall have the right TO make
all bylaws and all other regulations neceS-
ssry 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
dav OF October, 1914, or until their success
sors are elected and qualified. They shall
| elect from among themselves a president,
vice-president and secretary-treasurer. At
J the termination OF this charter or the dis
| solution OF the corporation, the affairs shall
| be liQuidated by the board Of directors as
| liquidating commissioners. All citation OF
| this corporation shall be served on the pres
| ident, or In his absence on tie secretary.
| No shareholder shall ever he held liable or
| responsible for any obligation OF this cor
poration for any further sum than the u.
! paid balance due on the shares OF stock
| owned by him, nor shall any mere Informal
tiles or irregularity of the organization hav,
! the effect OF rendering this charter null oil
OF 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 smou.st 81 the capita
stock subscribed for by each OF them.
Thus done and passed In my notaris
office, in the parish OF Orleans, on the dat
hereinabove first written in the presence o
Nathan II. Feitel and Ernest Ragas
competent witnesses who have signed thes
presents together with me, notary afte
due reading of the whole
Signed: II. l.. Favrot 80 shares; NOell
VOORHEES, l share; James Jackson, "
shares per pro III. L. FavrOt; J. Lahro!
Slusher. 60 shares. Witnesses: Nathan II
Feitel Ernest Ragas.
LEWIS r. GRAHAM. Not. Pub
|. the undersigned recorder OF mortgage
In and for the parish OF Orleans, state o
Louisiana, do hereby certify that the fore
going act OF incorporate OF tn Gulf-Lou
p iSiana Land Company was this day dull
recorded in my office in book loss, 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