The herald., 1914-04-23
CHAR TER
OF NFN YDRk.LOJI~IANA FARMS
COMPANY


NnANAEN
OF NEN lDRk-Lbj I~IANA EAkhS
COMPANY.
I.,.,-..l S,s.r. of A-rrr,r3. state OF Louisiana,
rrr ~ p-rr.r. Iity Of Ncy, Orleans.
Re- =, Lro,yr ,L,t on I'm, tur-ty-aith day
.t. --'....r y. : NJ an the yrtr II uu~
.-l one .b,r.lrI nIrc Hu~lgcd and four
'-rn. .,r.r' before me. John Marshall OunIero,
".E m and f., rS,s IN, and the parish OF
,.'r.- ,r,..,,, .r,.F-rr and IN The pres
...., .f ,r... ,,,,r...,-,, hereinafter named and
. f..,..,r r.r..r.r., eng and apDcared
,.r,. .,,E..r+r,rF y,ns ,ryer.., declared, that.
.y...,rp ,r,.,.-r,y,, of rhc provision, Of At
\. -A rf the General Assembly Of the state
~ D ,,,,....r. nr tE.. session Of l..4 md the
r.g-- .f nm. STATE m such cases made and pro-
.'r.l ,r.- a., fy rn,-r .r-,.fr-S form them.
...,., ma a ,.,-T,.r..r,r and body polite in
las ,r- tr. objects and ugrqa,es which are
f..rrr.y declared d, be To- deal in acquire, pur-
.r,- hill 'rs.. sell and rrortglVe real
.rgtr ir,.Dr'yrd and l,ri,rlprpycd. and All man
r.,r af ItrI m The State OF Louisiana or else
where. 10 develop, improve, as well as 20 sell
,r.n.f.r convey. hypothecatc, mortgage and
pr,F,. I'm. same rithc- in bulk or i'm plot or
~ .,,Iliy'.Inr,. IN rIot law out in su6di-
,.,igu ary %; il, lands; 20 erect, build, con
.t-,,rt .-3 ., contract for th, building Of
I,yrIl,rTs and =, nncra,c. lease. mortgage or
Iii he .e,r,.. a., d-,I I'm mortgage notes. and
GENERALLY, tn do a real estate business in all
0f It's details.
.l. r5+,, ,f \ryy 1-IraD. yXhprP rltarion shall
L, sr-,r5 on is n-rslgrrt. or. in MS absence
,,rr, ,hf serrrta-v or treasurer Al! the corpor-
=. ,,.,,..-s ~, tbI- r,-ro-gt,orr shall he vested
IN Lo.rd ro,no,sei Of ryc directors three
- ,,.ror, shsI rorStifr1,e q 1uorrul the first
r.,,-J 90 di-er,o-s IN he corrnosed Of II &
Lincoln. G. = Fuller. NJ VI Meek Lena
N,rL and Roy | kry with y & Lincoln
ts rresidcnf. lena Ncek. VIC president: NJ
a Nj ec.-e,g~v ard g. y FuIle- treas
urcr. The board Of directors shall be elected
annually on the FIRST Monday in Nav Of each
yrsr eXrcnt The rrrst hoard Of directors named
~ his rLa-,er vrLo shall hold ofhce until
he frs- Monday IN NAV 1915 or until their
Successors are elected and qualified
TLa ,,r,s ~ .lIs ro-D,-atioT shall he New
Yark-I Iouisians Farms Company" II shall
L,ye rvI.,err. for r,iretv-rine wears and
.baI have and enjoy ali The DoYc-s granted
10 corporatious under the law. to contract, sue
arI he sued issue honds harrow and lend
T,nrey secured hv r,orrVage or otherwise. TO
have and en1pIny agents and such other en-
ri,yaas - ;,S ;r,s-esrs ,,a,, r.ou,re. IN make
and establish by-Iaws for lis management and
to do ali things NECESSARY and nroper 10 carry
an, the obierts and rurnoseS Tor which this
cnrporation * formed
The capital stock Of this corporation shall
he seventv.hvr thousand dollars 1875 OOO OO)
divided into seven hundred and fifty (75Ol
shares of the par value Of one hundred dol
lars tSlOOM each Twenty-Five thousand
dollars (S2S.OOOOO OF this capital stock shall
he ureferrrd stock hear six ner cent per an
mum cr1r,,,latiyc interest payabIe out of the
nrofts Of the corlpany set aside for that pur.
pose. fifty Thousand dollars CS5OOOO cor OF the
capital stock shall be common stock. and said
common stock shall receive no dividend until
the preferred stock cumulative interest shall
he psid as hereinaboye set forth The pre.
ferred stock shall have no voting power but
The common stock shall have one vote for
zach share Of common stock so issued The
stock OF this corporation NAV be issued for
money. for labor done. or services rendered
or For other nroDertv rights and franchises
which NAV he thus naid for or exchanged and
made over to the company. The valuation of
any and all rights. contracts. labor or sery-
ices and propeTty. movable. immoyable and
mixed. corporeal or iucorporeal. accented and
received by the corporation, for its corporate
purposes in payrent. exchange or otherwise
for auy OF the shares Of Capital stock of this
cornnratior and fved nv the hoard M di-
rectors upon such terms and conditions for
the issuance of such shares of stock. shall
be conclusive evidence of such valuation; and
any and all persons, partnerships. associa-
tions. corporations. stockholders. or creditors,
dealing with this corporation, hereby waive
any right or cause Of action against the
original or subsequent owner or owners of
such shares Of the Capital stock issued to it.
him her or them in payment or exchange
for labor done or services rendered. or for
such rights franchises credits contracts and
prope-ty valued by the board Of directors as
aforesaid: and each every and any and all
contract contracts. or undertaking made by
or entered into with this CORPORATION shall
be subject to this provision Of this charter