The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-07
CHAR TER
OF ST. HELENA FARM LAND COMPANY

OF ST. HELENA FARM LAND COMPANY.
United States Of America. State OF Louisiana,
Parish of Orleans, City of New Orleans.
BE 1t known, that on this twcnty-ninth day
Of the month Of April, in the year one thou
sand nine hundred and fourteen, before me,
John k. Upton, a notary public, in and Tor
the parish Of Orleans, state Of Louisiana,
therein residing, duly commits stoned and quail
iGcd and in the presence Of the witnesses
hereinafter named and Undersigned person
ally came and appeared: the several persons
whose names are hereunto subscribed, who
declared that avaIlIng themselves Of the pro.
visions of the laws Of the state of LouiSi-
ana relative to the organization OF corpora
tons and particularly to act No. IS Of the
general assembly Of 1904, they have covenant
ed and agreed, and by these presents agree
and bind themselves as well as such other
persons as may hereafter become associated
with them. to form and constitute a Corpor-
alton and body polite in law, for the objects
and purposes, and under the agreements and
stipulations hereinafter set forth and eN-
pressed
Article THE name and title of this cor
poration shall be the ST. Helena Farm Land
Company, under which name II shall enjoy
corporate existence and succession for ninety
nine years from this date, and shall exercise
all powers conferred by the laws of LOuiSI-
ana on corporations formed for the purposes
hereinafter stated, including the power to &C
qure and ALLEVIATE property, movable and nm
to borrow money, issue bonds, contract, sue
and be sued. and all other appropriate and
incidental powers.
Article 1.-THE domiciie OF this corpora.
tiOn shall be in the city OF New Orleans, state
of Louisiana Citation and all other legal
process shall be served on the president of the
corporation. in his absence on the vIce-presi-
dent, and in the absence of both on the sec.
rotary.
Article III.-The capital stock Of this cor
poration shall be one hundred thousand ISlO,,,
OOOOO dollars, divided INTO and represented
bv one thousand l,OOl shares of the par
value of one hundred (SlOOOO dollars each
which stock shall be paid for IN cash, or in
such installmentS As the board OF directors
may direct, or for labor or services actually
rendered the corporation, or for rights or
property actually received by said corpora
ton. All transfers OF the shares OF the cap.
ital stock of this corporation shall be entered
on the stock book, and no transfer OF stock
shall be in any manner binding on the cor
poration until registered IN its stock book.
This corporation shall become going con-
Germ and commence business when one hun
dred thousand (SlOO,OO0OO) dollars Of its cap
ital stock shall have been subscribed. Any
and all remaining shares after the one hun
dred 600 shares shall have been subscribed
may be disposed OF By, the board OF directors
for cash. property or labor, at not less than
par. All shares shall be full paid and non
asSessable.
Article IV.-The objects and purposes for
which this corporation IS formed and the
nature Of the business TO be carried on by
it are hereby declared to be to deal and to
have. hold, receive, purchase, lease, convey,
mortgage, hypOtheCate and pledge property,
both real and personal; to acquire, hold, lease,
and purchase any and all manner OF lands
throughout the state of Louisiana or else
where; to develop and improve, well as to
sell. transfer, convey. hypotheCate, mortgage
and pledge the same, either IN bulk or by
plot or other subdivision; to plot, lay out,
L., I, ,.,l Ill ar,Ac raA hxy
said corporation: to build. erect, construct
and to contract for the building and con-
Structon of dwellings, buildings and other
improvements thereon Of whatsoever nature,
and to operate, lease or sell the same: to cut
bitches, drains and canals and build tram
ways for the improvements OF such lands;
TO raise, deal in and buy and sell all kinds
of live stock: TO cultivate and sell, or man
ufacture and sell, the products and accretlon
OF such lands; to act as the agent for other
corporations, individuals, or firms for the
sale OF lands, collecting OF rents, and in this
capacity to charge and collect commissions
and compensation as payment for such ser
vices rendered corporations, individuals or
firms: to issue bonds, borrow and lend mo-
ney secured by mortgage or otherwise; to
operate a store or stores; erect, operate and
maintain power plants, saw mills and ice
factories; and generally 10 do all things nee
eSsary and proper to develop, improve and
market the lands, products and other prop
erty of this corporation, and to carry out
lllG bblSNls anu purposes lOl NLllSll THIS cor
poratiOn Is formed
Article N.-The corporate powers Of this
corporation shall be vested in and exercised
by a board Of directors composed Of FIVE 90
stockholders, a majority of whom shall con-
stitute a quorum for the transaction of all
business, which said directors shall be elect
ed at a general meeting of the stockholders
of this corporation to be held on the first
Thursday in May of each year, and notice
of which election shall be given by publica-
tion in one OF the daily newspapers pub
lished in the English language in the city