The herald., 1913-07-24

! OF GULF-LOUISIANA LAND COMPANY.
/ United States Of America. State of LoUiSi-
ana. Parish Of Orleans city Of New Or
BE it known that on this thrtieth day OF
/ June. A. ID. 1913. before me- Lewis RoSSner
/ Graham, notary public duly commissioned
! and qualified in and for the parish of Or
! leans, therein residing and in the presence
/ Uf the hereinafter named competent wit
! ncSseS, personally came and appeared: the
| several persons whose names are hereuntO
/ subscribed, all residents Of this parish Of
| full age, who Seyerally 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 term OF ninety nine
| (99l years from this date, under the name
| of the "Gulf-LOuisiana Land Company" the
dOmiCile whereof is fixed at the city Of New
Orleans, louisiana its objects and pur
poses and business being TO 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 10 lend money, and generally to carry
on any business or enterprise not lncon-
sistent with the constitution and laws OF
this state, or OF the United States and II
shall have power 10 do and perform any act
or thing necessary or germane to its bust
ness not prohibited by the laws Of this
state or the United States.
sand dollars $3.50, 10000 by three hundred
5000 shares OF one hundred dollars $1,000
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 S3,000.00) of stock shall
have been subscribed.
The affairs shall be managed by board
OF directors composed OF three (3) stock |
holders TO be elected by the stockholders
annually, by ballot, on the first day OF Dc
fp1.a s-,,1.- ,N,,. Ill
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-
sary 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 NOZZLE 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 |
vice-president and secretary treasurer. At
the termination OF this charter or the dis
solution of the corporation, the affairs shall
be llquidated by the board of directors as
liquldating commissioners. All citation OF
this corporation shall be served on the pres
ident, or in his absence on tie secretary.
No shareholder shall ever be held liable or
responsible for any obligation OF this cor
poration for any further sum than the un-
paid balance due on the shares OF stock
owned by him, nor shall any mere Informal
tiles or lrreGularlty or the organization nave
the effect OF rendering this charter null or
OF subjecting any shareholder to any further
liability than the unpaid amount due on hi.
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 amOJsst 81 the capital
stock subscribed for by each OF them.
Thus done and passed, in my nOtarlal
Office in the parish Of Orleans. on the date
hereinabove first written in the presence OF
Nathan ii. Feitel and Ernest Ragas.
competent witnesses who have signed these
presents. together with me, notary after
due reading Of the whole.
Signed: II. l.. Favrot 80 shares NOeie
VOORHEES,, l share; James Jackson. 80
shares per pro II. L. Favrot J. LahrOy
Susher, 60 shares. Witnesses: Nathan ii.
Feitel, Ernest Ragas.
LEWIS Il. GRAHAM Not Pub
| the undersigned recorder Of mortgages
in and for the parish Of Orleans, state OF
Louisiana, do hereby certify that the fore
going act OF Incorporation OF tn Gulf-Lou-
iSiana Land Company was this day duly
recorded in my office in book 1858, 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