The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-26
CHARTER

CHAF ~, ..,rpANN
OF THE 'liI.' - -, - T.yr,iara.
.rr'ed States Of Arr't-" n.-.' ''
p.-..r Of D.rr.-- t.rt .- Ne" orleans.
T.. o.. .-.ar That au Tins -e'."ttTH'ii Jay
nf February \. D.. nineteen ""nut l an. anu
,.,.,...- h,f.r. me. Lew, R1-n.vT 1fai.'ia'
.....-,, r.rrrr- duly commissioned ana liai-
- 49,. aud for the Parish OF orleans '.e!e-
i'm r,-,Errg and in the presence OF inc mere
,,si,rr named competent witnesses; person.
-. nd aprrafed. the several persons
-. ,rrar. are hcrclutn subscribed, MIC
| n Pierce being a resident o. Aurora IN
rnl.. Mr. Ed.ar J.. hI-cabCrscr being a resi-
5ert of Chicago Illinois, Mr.. John a hTus.
-, , -rsrdrut of Chicago, Illinois; MI. W.
| - I.rg,yD-fhv and NJ. +. SETON SchneIdau
| being residents o. the 'IiN Oh NC" o..CI''S,,
Louisiana, all Of the SAID appedit1S uTius ol
T,I ,gr and the said appearcrs seveTalIy DC
| rf9~rd that awaiting themselves OF the laws
| ,f Louisiana, relative 10 the formation OF cor
poratiuns they do hereby torn ana organ
| of r1urty-ninc wears from the date hereof,
under the name Of The Citrus Land Com.
| pauy, the domIcIle whereof IS hNed az tLe
| CIV Of New Orleans, louisiana rs ooIeCtS
| mi purpn,r, and business being TO buy, sell,
! hold. lease or otherwise acquire or dispose
| of personal. real or mixed property OF any
| sort wherever situated Tor any ana al Pur-
poscs: 10 erect buildings Of all descriptions
| on the land OF the said company or else
| where; to build, operate, sell or lease Tor
| operation factories II any kind; TO borrow
| money and TO secure the SAID loan by mort
| gage pledge or hyPothecation Of any SORT
! 10 lend money and to issue bonds or other
| evidence Of Indebtedness. to improve, cult,
| vate, develop. irrIgate, drain and reclaim real
! estate either in this State or elsewhere, and
| IN oneratc drainage, irrigation or sewerage
| systems and to purchase or otherwise acquire
| and own dredScS boats or any other appa.
| ratus necessary to carry into effect any oil
| the aforesaid purposes and TO operate any
| OF the aforesaid apparatus; 10 drill or mine
| for oil. gas, sulphur or other minerals and
| generally TO carry on any business or enter
| prise not inconsistent with the constitution
| and laws OF this State or of the United States,
| and IL shall have full power to do and TO
| perform any and all acts or things necessary
! or germane to carry out the foregoing OBJ
| iects and purposes not prohibited by the laws
Of this State or Of the United States
! The capital stock shall be nifty thousand
dollars represented by five hundred (5O)
| shares Of one hundred dollars (SlOOOO) each;
| said stock to be paid for IN cash., property
| or services as may be determined by the
| Board OF Directors. The said company shall
| begin business as soon as three thousand dol
lars (SJOOOOO) of its capital stock shall have
| been subscribed.
! The affairs of this corporation shall be man.
aged by a Board Of Directors composed OF
| five 81 stockholders to be elected by the
stockholders annually by ballot on the third
| Tuesday of February hr any subsequent date
| fixed by the Board Of Directors, IN case OF
no election taking place said day, and ten
| DAYS before said meeting, there snail De
| mailed to each stakeholder a notice OF said
meeting directed to his or her last known
| address. Each share OF stock SHAH be en-,
| titled to one vote, and the holder OF SAID
| stock may vote either IN person or by written
| proxy. Said board shall have the right to
make all bylaws and all other regulatiohs
| necessary for the conduct OF the business ana
to change and alter same at pleasure. and to
employ any persons that may be necessary
! in the conduct OF said business and to dis,
| miss same at ITS pleasure. Inc hTst DoaLd
Sh a he rOmDOSPi MeSSTS Edgar r.
berger, Milo Nj. Pierce, T. Seton Schneidau;
W. 7. Langworthy and John \. kruse, and
shall hold office until the third Tuesday IN
February, l9lS, or until their successors are
election the Board of Directors. shall elect
from among themselves a President, VICE
President and secretary treasurer. Untii
the third tuesday IN February, Hlo, or until
their successors snail have been elected ana
qualhed' the following ofhcers shaIl serve
Mr.; Milo |. Pierce; as resident; Mr.. Edgar
r. kirchberger, as Vice President; Mr.. W. +.
Langworthy, as Secretary Treasurer. Any
failure TO hold the annual stockholders meet
ing, as herein provided Tor, shall not cause
a forfeiture OF this act OF Incorporation; and
any vacancy occurring IN the Board OF ~
reG,oiS from any cause snail De hiied oy 'le
All citation Of this corporation shall be
served on inc PRESIDENT or IN MS absence,
on the wee PRESIDENT. A. A.,
dissolution OF the corPoration the affairs shall
be liguidated by three 90 commissioners, \
elected by the stockholders at meeting called
for that purpose after due notice shall have |
been given by publication for twenty ,(2o) |
days IN one OF the newspapers published IN
New orleans and similar notice to each |
stakeholder as is required to be given of the
ANNUAL election.
no shareholder shall ever be held liable
or responsible tor any obligations OF this cor;
poTation ~ any further sum than the unpaid |
balance due on the shares Of stock owned by |
hun, nor shall any mere informalities or If
yecting any shareholder to any further liza