The herald. [volume] (New Orleans, La.) 1905-1953, 1913-10-16
OH ARTER
CHARTER
Of COLUMBIA LAND AND DEVELOP

OF COLUMBIA LAND AND DEN El|Of-
MENT COMPANY.
United States Of America, State Of Louisi-
ana, Parish of Orleans, City OF New
Orleans.
Be it known, that on the thirtieth day OF
the month of August, in the year or our
Lord. one thousand nine hundred and thlr-
teen before me, John K. Upton, notary
public duly commissioned and qualified, IN
and for the parish OF orleans state on LOU
Siana and IN the presence OF the witnesses
hereinafter named and undersigned, perosn-
ally came and appeared the parties whose
names are hereinafter signed, all or lawfu!
q ge and residents of New Orleans, parish OF
Orleans who declared that availing them
selves OF the privileges and advantages OF
the laws OF the state OF Louisiana, they DO
hereby covenant and agree for themselves
and for those who may hereinafter become
associated with them, TO form themselves
into corporation for the purposes and OBJ
iects hereinafter more specially set forth:
Article 1.-The name and style OF this
corporation shall be Columbia Land and
Development Company. and under that name
IL shall have and enjoy all the rights and
privileges granted by law. TO corporations !;
il shall exist for the period OF ninety nine
years from this day II shall have the power
to contract. sue and be sued In its cOrpor-
ate name /: to make and use a corporate seal I;
10 hold receive, purchase. convey, mortgage.
hypothecate or pledge property, both real
and personal, issue bonds, notes and other
obligations; 10 have and employ such man
ayers, directors, officers, agents and other
said corporation may require, and to make
and establish such bylaws, rules and reg
ulatiOns for the proper management and
control of the affairs OF said corporation.
| through its board OF directors, as may be
necessary and expedient.
Article 1.-THE domicile OF said corpor
alton shall be In the city Of New Orleans,
| in this state, and all citations and other le-
| gal process shall be served on the president
and in his absence, on the vice-president of
| said corporation.
Article III.-The objects and purposes for
which this corporation Is organized, and the
nature of the business to be carried on by
II are hereby declared to be: TO buy, sell.
hold and lease movable, immovable and
mixed property, for any and all purposes
wha tsoever; to improve the same, and TO
| erect structures of all descriptions; to Dor
| row money and secure the same by mortgage
| hypOthecation and pledge; to issue bonds
| and generally to carry on any business or
| enterprise that may be incidental to, or con.
venient In the proper and successful exer-
| else of any OF the powers conferred upon
| this company by these articles Of incorpor'
| alton.
Article IV.-The capital stock Of this cor.
| poratiOn is hereby fixed at the sum of one
hundred thousand dollars (S1OO,O00.O0l, "a
| be represented by one thousand 1,OOOl
| shares of the par value Of one hundred dol
lars (S1OO.0O) each. witch shall be paid
| for in cash. or may be issued at not less
| than par, for services rendered to, or prop
erty actually purchased by the corporation
| all in the manner and form directed or de
termined by the board Of directors.
Article y.-All OF the corporate powers
| of this company shall be vested IN, and the
| management and control of its affairs shall
be exercised by a board of directors, com
| posed of five stockholders, who shall select
from their number president, vice-presi
| dent and secretary-treasurer.
/ The first board of directors shall consis
of: Peter Ciaccio, y. ]. Clesi. F. A. Mas
sans, Theodore Ciaccio and John Liuzza
with Peter CiacciO as president, y. ]. Giles
as vice-presldent and F. A. Nassans as sec
ary-treasurer. who shall hold once unit
the first day OF September, 1914; a ma
for the transaction Of all business, The di
rectors shall be elected by ballot by tn
stockholders, on the first day OF September
Of each year. The first election under thi
charter 70 be on the first day OF September
1915. Each stakeholder shall be entitled
in person or by proxy to vote for ever,
share owned by him, and all elections shall
he held under such rules and regula tions a
may be determined by the board OF directors
!, The directors thus elected shall continu
In office for one year, or until their success
sors shall have been elected and have quail
fled
No failure to elect shall be regarded as
forfeiture of this charter. Any vacancy oC
curing on said board shall be filed by tn
remaining directors for the tnexpired term
The board of directors shall, at its frs
/, Of Its number president, vice-presiden
and secretary-treasurer.
Article VINO stakeholder shall ever b
held liable or responsible for the contracts
faults or debts OF the corporation. nor shal
any mere lnformallty IN its organization
have the effect of rendering this charte
void. or OF exposing a stakeholder to any la
bllity beyond the unpaid balance due on tn
: shares owned by him.
4 Article Widths act Of incorporate
may be changed, modified or altered, or thi
/. corporation may be dissolved. with the a:
| sent Of the stockholders ov1ing two-thirds G
| no
resenteI at a general meeting convened 70
that purpose. and after at least ten day
written notice has been given through ma
to each stockholder at his last known plac
Of residence. In case OF dissolution, by I'll
expiration Of this charter or otherwise. tn
stockholders shall elect three liquidator
from among their number, to settle the bu
mess and AFFAIRS OF the company. In ca:
o. hn don Or dIaa hIIitr ~ m nnn a.