The herald., 1914-04-09

.n.... .'..- .r. ..-rr.,. subscribed. Hh
declared .f.r. alnI.I themselves ~ the pro
VISIONS .t tho .aa- % 'h'- state. IN sue.
cases made rrf provided. relating {" the u'
..r..,..s... .r ...rru..'r.--. they have cove
,,r,.d and .s,.rl AND aa. ay these prc,
,n,, covenant and agree. .a"I. form en'
.,r.-.r .rru,, themselves. t- sell a- such u'H-
r.r-a-.- r- r.t, n.-.afr.r JOIN. ur become Dc
-.,.,,,H with them. ruf. a COOPERATION an,
body r.I,4. .n lass. lu- rNr objects and pur
, poses. and urd,. rHr agreement, aud sirU
IatiuI- following. ia.wrt.
Article The mar.r and style pi tins cor
uuratI.u shall be- rar "Lurd0u Development
Co.," and under rnn name u shall hav,
I and ,rt.y an the rIg.f-. advantages dut
,,,rr,,., .r.rr,d ny I.y ro corporations: r
Shall exist for the period of ninety mine
years from tins day. rt shall have power q,
contract. size and Dee sued ln ITS corporal,
name. 90 make aud u-r % corporate seal, aut
the same ?, break or alter at pleasure. T,
hold receive, purchase. convey. mortgage, ny
pothccarc or pledge property, both real and
personal. 90 ISSUE bonds, notes ana Othri
obligation, OF negotiable Instruments. 10 have
and employ such muaagrr~, directors. ofn
GERS, agent, and other employees As the IA
'crc>t and convenience oi sdld corporation
may require or demand Z" make ana c'iap
ll,h such bylaws. rules and regulations for
the corporate management and control OF iIt
affairs Of the corporation a- may hr deemed
necessary or cNpCdeu'
Arlcie H. Inc d'n'clir 90 ~ald 'ufppT
alton shall hc lE the CiN OF New Orleans
! In tins state. hIt II may establish oinCc-
aud agencies throughout the utcd States
pI foreign '"HhlflCN. All ''til"H> ana othti
| 'tEd process Shti 't H'i''H on the pItsl
dent, ana, m MS absence, "u me wee pTcsl
dent Of the corporation.
Article III. The objects and purposes Tor
"hlyh ihiN corporation j. organized and the
nature "i me hH'Iht,- 10 'e carried on by IT
are hereby declared 10 he: 10 deal IN, buy
and sell, Tor Ms own account oT Tor account
OF others, real estate. lands. tcucmcnts
'.'. is"H' m'.lsHNI m"''>' "OHu'; shares oi
stock and other securities: 10 lend money on
property, real and personal, bonds. stocks and
other securities; to lease, rent or hire prop.
rrty. make leases, 10 act a. broker, agent or
nu>'cy l"r IhuINiuu"'>' HIihN or corporations;
To- reclaim and improve landed property: tn
lay out town lot, or suburbs, pave streets.
sidewalks and alleys to put down sewer,
uiaL"'kc' N1lC' ana ,kd> pipes 10 connect
WI" "e iuun,Sl f P ia! PIdH''' OF ior me sole
ISv "i IuIh SUBDIVISIONS I" erect poles and
lay conduitS to support receive wires for
e'etlTlcdI tTdnNmINNionN' 10 construct or erect,
of !" contract Tor the construction or erection
IN any other business, undertaking or enter
PRISE connected with, growing ont OF. ger
,nant OF incidental To. any "t the purposes
| -, '' ''''' VI contemplated oS inns
'".ittt;
Article ". The capital stock OF this cor
P"TaiI"n !, liked At the sum OF five hundred
'In"u'dhd dollars divided INTO i've thousand
LII ", "e HuHu'td dpIlaIN cdCh, which
the caII ni ,be bn5rJ I',, y. instruments, on
| % an .. tI' p"dIu oil directors, or given
| In, payment OF property or services rendered.
AiI shares ct stock shall be full paid and
birJ;ro ,,,,l, ~ w u"n>Ic. "l STOCK snail bt
mann <. TpoJ 'hr 'orRoTanon unless made
| Viii L "i ana dIi 'ertlhcateS OF stock
deSi,,,,,.d I'f.'u oS sn'1 2ihTerS as may be
| ATiiric W ~ 'V n"alu oi directors.
,,,,,'l,,' AZ me corporate powers Of the
rIe,t ,y,d '',,.' ,. n SF>!ed III, ana the manage
rc;si T'i 'o"iI"l 81 rs affairs, shall be ex-
three stncLL,Idors" -, directors composed OF
! ;,,o rom tiihe 10 time 10 no more than
| rer,o-s ' AZ ul>CIelI"h "i the board Of dI-
! l'I'"rs. \ majority Of the directors shall
husinrss TSe r., ,,,n ioI 'hf transaction OF all
,,,iI, iHT directors shall be elected an
second I,,asJ,,' YJJ',' .S me stockholders. on the
| Each stocLhniJ- ~ u ~ eIl ""Iy IN each year.
| ar hy 80 sndII DE entitled IN person
by him and ali q ~ ao's LOT every snare owned
| ,,yrb rr a''u 81 clc'uOnN snail be held under
| mined by the board OF dirrctors! 81 ,o
have been sen, in''. ,n ah Cl such election shall
! last known ,ddress '"'1 r., s'"cSnolder at ms
elected shall cnn,;n,,, j., ne directors thus
or until their sucres,,rI :" "'mOG lot one year
elected and mSIifrd sx,,, r,,a,' nav nave been duly
which shall r''T,. continne except the hTSt board
gayicd r. vs. 40 s, failure 10 elect shall be re-
| vacancy ocrrrr;ro ,r VI ms chaTter. Any
| filled by the reri,iri,, J" ooaI Sn1Ii De
expired term; the said RSo,J Ro3Td sb,i iTr me gn