The herald., 1914-12-10

TGEsOiaI ana MIxeui ~ Issue bonds, notes
H"u otHeT OoIIsatIoHSi 10 nave anu employ
SuSn landserS, directors, oInGeTs, asents anu
0'heT employees as the interest anu conye-
.ilenee Oh said corporation may require Oh
demand, and 10 MAKE and eStaUIiSh such by
Jaws, rules and regulations tor the coruorate
management and control OF the business and
dAalis OF the corporation as may Ue deemed
necessary or eXpedIent.
Article 1.-The domicile OF said corpora.
ton shall be IN the city OF New Orleans,
state OF Louisiana, and all citations and
other legal process shall be served on the
president and IN his absence on the yice-pres-
luent OF SAID corporation. In the absence of
both OF said officers, then said process shall
De served on the secretary of said CORPORA
ton.
Article III-The objects and purposes 70,
which this corporation is formed and the ma
ture OF the business to be carried on by IL
are hereby declared to be: to deal in, buy
ana sell, tor Its own account or for the ac-
count OF other, all real estate, lands, tene-
mentS, etc, mortgages, mortgage notes. bonds
shares OF stock and all other securities; TO
lend money on property, both real and per-
sOnal, and to make leases; to act as broker
or commission agent or trustee or depositorv
Tor individuals, firms or corporations: To
guarantee titles to land or other real estate
and to issue guarantee or other bonds: 10 re-
claim and improve landed property; to Law
struct sidewalks and alleys; to put down
sewer, drainage, water and gas or Other
trenches or pipes and to connect the same with
the municipal plants or for the sole use of
such sion; to contract or erect or N
contract Tor the construction or erection of
buildings. workshops, mechanical plants and
generally to do and engage in any and every
other kind Of business or undertaking q, er,s,
nrise connected with, or growing ont n, ue,.
name or incidental TO any of the nurnoses
hereinabove set forth and not prohibited nv
me laws or Constitution of the state of Louisi.
Article-IV. The capital stock Of mi, cor.
noration is hereby fixed at the sum Of Ten
thousand, (slo.ooo0o) Dollars (which may be
increased IN sum not exceeding Twerty-6ve
thousand (7snOO.oO DolIarsl. divided inc nne
thousand n.onl shares of the par value ~
Ten tslOOO) Dollars each. which shall be paid
tor m cash or installments on the call Of the
BOARD of Directors or may be issued AZ NOT
less than par for property purchased bv or
services actually rendered TO said corporation
All shares OF stock shall be full paid and
non,assessable. No transfer of stock shall he
binding upon the corporation. and all ce-tif.
Gates of stock shall be signed by the President
or Vice: President and the Secretary of this
corporation
Article-v. All the corporate powers of this
company shall be vested in and the MANAGE.
nent and control Of its business and affairs
shall be exercised bv a Board Of Directors,
composed Of three stockholders, which number
may he increased TO no more than seven, at
The discretion of the Board of Directors. ma.
'ority Of whom shall constitute a quorum for
the transaction of all business The directors
shall be elected annually on the first Tuesday
Of the month Of January Of each wear bv bal.
lot of the stockholders Each stakeholder shall
he entitled, in person or BY written proxy 70
one vote Of each share Of stock owned by him
and standing in his name on the books Of The
CORPORATION. All elections shall be held under
such rules and regulations as may be deterri-
ned by the Board of Directors, but after az
least ten davs' notice Of such election shall
have been given TO each stockholder nv mail
sent TO his last known address, or BY publica.
ton for at least ten DAYS preceding such cleo.
ton in one of the daily English newspapers
published in the City Of New Orleans. The
for one year or until their successors shall