The herald., 1914-12-17
THE HER AID

OF any nature in and TO water, or The usage
thereof
Generally to carry on or undertake any
other business OF the same general nature.
which. from time to time, seems so the dlre,-
tors OF this corporation capable Ct being con
venleutly carried on IN connection with the
above objects, calculated directly or indI-
rectly 10 render valuable or enhance the
value OF any Of the company privileges or
rights, and which IS lawful III Louisiana, for
q corporation 50 organized.
Article IlI.-1he capital stock Of this cor
p0rat'on l. hereby fixed At the sum OF sixty
thousand dollars 5000, divided into and
represented by SIX hundred tG1p shares OF
the par value OF one hundred dollars tSlnpiy)
each. This capital stock may be increased I,
two hundred sixty thousand dollars.
Said stock shall be paid for IN In,tailmen,,
Of such amounts and at sue. times As the
board Of directors may determine, but any
part or parcel Of said stock may he issued 10y
sand board OF directors At not less than par
ia payment Of labor due or property actually
received by said corporation.
This corporation shall commence business
and be a going concern as soon As thirty nine
thousand dollars OF ITS capital stock shall
have been subscribed for and this charter
signed and executed by the IuCorPorators.
Article IN.-Nl the corporate power, OF this
corporation shall he vested IN and exercised
by a board OF five 81 directors, 10 be com
posed IF stockholders, three OF whom shall
constitute a quorum for trarsaCtIug al buSt
ness. The board of directors shall be VI Stcd
with full puwer and authority to make all con
tracts, purchases and sales, and adopt all
bylaws, rules and regulations Tor the gov
eminent OF the business and affairs of the
company. and alter, amend and change the
same at pleasure, appoint, hlrc ana discharge
all officers, agents and employees, hN all sal
aries. and generally 10 do and perform all
things necessary in the transaction OF the
business and affairs Of the company. Any
vacgucy occurring IN said board shall b,
GLLd By the remaining directors IN the man
n,r provided for in the bylaws.
The first board OF directors OF this corpoT-
alton shall consist Of John ;. Perry, Morton
ID. Hall, H. :. Bramwell, George II. Penn and
Frank \. HclmCr, with the said Frank a.
Hclmcr a, president. IL. :. Bramweli, as vice
president, and John :. Perry, aS secretary
aud treasurer, who shall hold their offices I'M.
| I'll the first Monday IN December. lrS, or IN
I'll their successors aIe duly elected and quail.
Ihcd.
| On the first Monday IN December. 1915, and
| annually thereafter, an election Tor directors
| shall he held al the Once Of the company, uH
| der the supervision OF three commissioners L
| be appointed by the president. and the dIrcC
| tor, then elected shall take their seats I'm.
| mydIately and shall hold ofIcc until their sue
| ccs,ors are duly elected and qualified. Each
| board shall elect Its own officers, which shall
| consist Of president, secretary and
| treasurer; two Of said Offices may be held 10y
| the same person.
| All corporate elections shall be by ballot
| and "A majority Of the votes cast shall elect
| and at all stockholders meetings held FOR any
purpose. each share Of stock shall be entitled
To one vote. either IN person or by proxy, 10y
the person in whose name same Is TeEIStCrC,
on the books of the company. and the boar,
| Of directors may close the stock transfer book
for a period not exceeding thirty days beior
any meeting.
! Written roticc OF stockholders meeting
] shall be given to each stakeholder 10y the sec
| rc'ary at least ten UO) days prior to elec
! tons. by mailing same, postage prepaid, TO HI
last known post-otnce address.
The board Of directors shall have power t,
t.VY
| able rules and regulations, IN the cities o
| New Orleans, Louisiana; and Chicago, Hin
ois, and at such other places as they ma!
deem necessary and the business OF the cor
pOratIon shall require.
Article N.-Ths act of Incorporation ma,
be changed, altered modified, or this cor
poratiOu dissolved in any manner provided b.
| law; or with the assent OF three-tourth Ga
| OF the stock present or represented at an!
| general meeting OF the stockholders convened
for that purpose after thirty 900 days PRO
| notice OF such meeting shall have been givel
| by publication in one OF the daily newspa
! pers published in the city of New Orleans
| by five 81 publications during said period
| and such changes as may be made IN refer
cnce to the capital stock shall be made IN &C
cordance with the then existing laws on tn
| subject.
Article VI.-Whenever this corporation
dissolved. either by limitation of its Charte
or from any cause, its affairs shall be hqu
| dated by three 90 commissioners to be az
pointed from among the stockholders at
meeting of the stockholders convened for tina
purpose after thirty 800 days prior motto
shall have been given by the secretary
= | each stakeholder said OmmISSlOnerS sha
| remain in office until the affairs of said COZ
| poration shall have been fully liquidated. |
! case OF the death of either commissioner, I'll
! survivor shall continue TO act.
| Article NII-No stakeholder of this corpO
> alton shall ever be held liable or responsible
for the contracts faults thereof in an
further sum than the unpaid balance. due
, the corporation the shares owned by hir
! | nor shall any mere informality IN organlZatlo
have the effect of rendering this charter nul
| nor of exposing stakeholder to any labilit
beyond the balance due on his stock.
e The subscribers hereto have each write
{ opposite their names the number of shart
subscribed for, so that this act may also ser,
as the original subscription list. Said SUI
' | scriptions to the amount of thirty-nine tho
n sand (S59O0000 dollars TO be paid by the col
= veyance of the real estate and property,
. which said parties interested, describe
i as follows, and valued by the present dire
5 tors at the said amour. to-wit:
= A certain tract of land with improvement
situated at Barataria, parish OF JEFFERSON sta
= OF Louisiana, designated as portion OF III
! No q of Plan 50 of Seiin Magner, late n
/ tary; said tract of land measuring more
less five thousand seven hundred and slxt
{ two C5,762) feet front on the River Ouacha
! Grand Bayou Barataria, by depth OF thr
y hundred and eighteen (SlS) chains and Sc
enty-one Old links on the line of the proper
| of Silas Turner and two hundred and eight
- three (283) chains and twenty-one cd lin
. | on the line of the property OF John Colem;
: ! less onc-half 90 arpent front on Bayou Bar
taria, by two hundred and eighty-three rs
, | chains twenty-Onc cd links IN depth mo
= or less; bounded on side by the Ian
| now or formerly belonging to Terrence Drou'
p | nor or formerly the lands of Fernandez al
5, Chapron. and OH the other side by the land
x the late J. i. Dautin, now or formerly Z
n land OF John Coleman, the same having be-
e sold however, without any guarantee as
J. the exact depth of said tract, containing tive
y ty-six hundred (26OO) acres; in accorddn
- with plan of survey made by the John
| Kruse Engineering Company.
D Thus done and passed in my notarlal oih'
l. in the city Of New Orleans, louisiana IN I
; presence Of Allan 6. Perry and Lieveu
: PORTER competent witnesses OF lawful AZ
5 and residing in this city, who hereuntO su
,r scribe their names, together with said parti
" and me. notary, on the day and date
q forth in the caption hereof Corrections a
C. interlineations made and approved before SIG
Id ing. c,:-.
III Is shares; + & Helmer. Chicago. !
n. los shares: II. :. Bramwell, Lincoln. Ill,
or shares Witnesses: Allan :. Perry, l..
b. -WM. ]. FORMENTO. Not. Pub
a | the undersigned recorder Of mortgag
OF | in and for the parish OF Orleans, state
m Louisiana do hereby certify that the alb
a. and foregoing act OF Incorporation OF the y
he Orleans Plantation Co., Inc, was this q
r. duly recorded in my Office III book lll|, 10
- New Orleans, La, December :, III