The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-10

~ Nix Tx
OF. GULrLoUiSIANA LAND COMPANY.
United States ut America, State of Ioui>l.
ana. Parish Of Orleans, city of New or
leans.
BE il known that ON This thirtirth day OF
june. \. Il. 1913 before me-. Lewis RoSSucr
Graham. notary pun.ia duly commissioned
and qualified ia and for ID" parish OF Or
leans therein rCSIdIuE and boz the presence
of the hereinafter named competent Wit
ucs-cS, personally came ami appeared the
several persons whose names are hcrcuutV
subscribed. all residents OF this parish OF
iuil age, who ScErraiN declared that avail.
ing themselves of the laws of Louisiana.
relative 10 the formation 81 corporations.
they do hereby form ana organize themselves
into a corporation for "A term of ninety nine
t33D years from this date, under the nam"
Of the Gulf Louisiana Land company" the
dumicile whereof Is liked NJ 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 immOyabc property Of any sort
wherever situated for any and all pur.
poses; 10 Improve the same and 10 erect
buildings Of all descriptions; to borrow mo-
ney and to secure the same by mortgage,
hypothecatiOn or pledge ana TO issue bonds.
and 10 lend money. and generally to carry
on any business or enterprise not incon-
SStent with the constitution and laws of
this state, or of the United States, and IL
shall nave power to do and perform any act
or thing necessary or gcrmane to its bust
hess not prohibited by the laws Of this
state or the United States.
ne ftplIdl STOCK SUdl De lnltlN luou-
sand dollars $50 OoO. OOD, by three hundred
l3OOb shares Of one hundred dollars $1,000
each; said stock 10 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 (S3,00O.OO) OF stock shall.
have been subscribed
The affairs shall he managed by n board
of directors, composed Of three 90 stock
holders 10 De elected by the stockholders
annually, by ballot, on the first day of DC
tober or any subsequent day, fixed by the
| board of directors In case of no election
! taking place on said date. Each sharehOld-
| or 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
1 change and alter the same AT pleasure. The
! first board shall. be composed of II. l.. Fav-
| rot, Miss NOZZLE VOORHEES, and !. 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,
| vlce-prcSident and secretary treasurer. At
the termination Of this charter the dis
| solution of the corporation, the affairs shall
be llquldated by the board of directors as
! llquidating 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 I'M
| paid balance due on the shares OF stock
| owned by him, nor shall any mere informal
] IL
/ the effect of rendering this charter null or
! 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 lncorpor-
/ alton have also respectively written Oppo-
| site their names. the amOJ.st ~ the capital
4 stock subscribed for by each of them.
! Thus done and passed. in my notariaI
/ office, in the parish Of Orleans, on the date
hercinabove first written in the presence OF
| Nathan ii. Feite and Ernest Ragas
| competent witnesses who have signed these
| presents, together with me, notary after
due reading of the whole.
| Signed: III. L. Favrot 30 shares NOele
! VOORHEES,, ! share; James Jackson, 80
shares per pro II. L. Favrot; J. Lahroy
! SluSher. 60 shares. Witnesses: Nathan III.
! 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 tfS Gulf-LOu-
iSiana Land Company was this day duly
| recorded In my Office In book 1885 folio -
New Orleans. July 3, 1913.
| (Signed) EMILE ]. LEONARD, by. Rec
| 4 true copy:
LEWIS r. GRAHAM Not Pub
july 10 II "a 81 aug Z II