The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-28
CHAR TER


49, CHARTER o,,,,-,..,
Or iCfDNAo NENLI tC-ut ~ -.
S'd'e % A'I4 'd'a' a'isI VI O'4Sai9' ny
OF New orleans. - .-... 80,
ne II Ail9"h tnaI on II'Is 'Me-.S o- a
day Of AprH, IN the year one Thousand, nine
hundred ana fourteen before me- JeHSTSou
Chdiles Nen,S', notary plDrC IN anu tyl
conmlssi0ned ana qua'iAed' ana III t"e pres,
ence OF the Witnesses hereinafter named ana
li'4tEaisi'h' personally CANT anu "IP0"' u
the persons whose names are neiCnh'o sup
sSIiDeI, VINO scNti4ily ue''dItt' l'"I a'''l
ing themselves OF inc Pi-Et>'v'+' "a I.S ~ -
s'ituuon and statutes OF ms state iel4'Ne
10 me oiEaii@"ioh 81 cor ".'ui.N' t"sE ID. (
/ formed ana 'ika'l@eu anu ~ ''lse P'Ose'',9
do form themselves INTO ana constitute a cor
I"Ea'3a' Tor me "ole''s ana pui f,Ses a|f IN
! der the sHF",4h"ns, anu az G'"-Il.s . ne
Ar,s.y al rl a. ihs.I ,.li '.5, TO- 10. "a 900
/ H'3e.e IL ne name I.r NC D.. la sa." 10.
ror'u9" sa"- be iAs Ioy4Tas -. hc@.Iy ..'.
l""E', ana e"p,I us 80 N..i 80
ENJOY succession for me term oil ".AeIy -i..'.e
! .'l years i.nW ana al.eE nc r'.t 'tito'
/ To ,.H'T~." sue ana ne s-'l' ~ 80 ..r
. and alter at pleasure Z" purchase receive,
/ lease a''d ana convey as wei as mortgage
/ ana ~ F'..T ,.'e', ".i'. .'a .i-'o.I -,
airHhi sue" uaGasrI, ana l.iIe'ois, oI ..-'
/ ana agents - '"e interest ana ,.". t'..c.. &c
/ Il sand cooperation may require ana 20 MAKE
/ ana '~'"".tsa' - wen - aIi' 1'f a"C 10"
az pressure N-'A ny laws I".,s anu Ilt..r,'
/ i'.i' We proper ..ai. '-'..''' "'.- iSs.....
/ ,'"H % inc "i"l.S gi s"t1 IJLl.i"'''" "S INDY
/ '' L'''N'Is anu ii'It'., Ill -
Ar',.e Line d':nic..c "i sara corpora
7 ,l"n SHALL he II Ne" orleans paris" OF oi-
i'"i'> STATE ,i l'u'N'a'. d. anu ''' 'i'".''l'
or "-.'L. .'-1I l'"''' sum 'S So "lo..
ne l,Ss.o'ai OK ,llI g.. ..',., o.. III '@se
u ms absence upon INC EiSe-I.t'iHeh', or
! iH ia' absence ~ h''h OF '.t'c "i"D''s' upon
1 ~. Nt,Tt'TIE o. me corporation.
.N..t... 'll.--I"C ""JCN.s anu purposes Ivl
nature 81 NE business 10 be I"ii-Td on oy H.
are declared ana NPcyi,ed I" DC. 10 bHS' seq;
tease h".h' ft-ia'it' 4''e''i' improve D"'Ig
ul"N' HilE"ie ana cultivate 4ahdS ana tea'
properly "l al El-Is 70 "uS &C. t'Sl' OF
tease ""aT'' ana i"Iu' lot uMt't''sS 81 I,I
,'....''I. .l' 'l D''.'' purposes 10 lIy oLt ~
'@-I nc l'"M nc ".,1 '':'.,.'-li "i nj
s.''T; It'd '"s' S'''' S-'.S sup .L' NaLu ~
"I'I.'' l-sN, s-N4'' .ollo.' s"-1l 1'.S anu anu
,.hr' "-I 1"'...al IioDal'si ".vu, L.i'CI,
'""'' 'i anu "''',''N ..a'S .S' S1''l.'' anu "
Sue, .t,~ irl.r and Irr-,rc canals and
canal r5ghts OF wav. or interest therein: to
rrrv sell hold and otherwise acquire and
alternate stocks and bonds: provided that
-grI CORPORATION shall not engage in the
bu,irc,. Of stock jobbiug. and shall he with
g.lt --,. ..yy.r ri eminent domain. and IN do
any and ali such acts and things as NAV or
srall he necessary and rrorer TO carry ont
Tho. aforesaid objects and purposes
Article " he rgTrfal stock said
r.r.ri,- IS hereby txrH a, the s,rr1 Of one
hundred thousand iSlU0Uu0uD dollars di-
yrIcI into and grDre,erirrd bv one thousand
EHn shares Of q mar value of one hundred
$1,000 dollars each. and shall be paid for
in cash or N property or services AZ such
time and i'm such amounts and manner as the I
board II directors may determine and direct 7
In the event that auv stakeholder shall de- /
sire 10 dispose OF his stock. same must be /.
first offered 70 the board Of directors in writ /
ing who shall have five DAYS within which /
to purchase the same for the company, at the /
best price for which the holder has bona
fdc offer In the event Of failure Of the I
board Of directors to purchase said stock
II shall be offered to the then stockholders
who shall have five DAYS within which TO
purchase same at the best price for which .
the holder has a bona fdc offer The board
of directors IS specially authorized TO issue
the whole Of said capital stock, or anv part
thereof in exchange for real estate Of not
less than the reasonable value of the stock
issued therefor This corporation shall be
authorized to begin business whenever ten
thousand dollars of its capital stock shall |
have been subscribed for
Article N.--All the powers of this CORPORA |
ton shall be vested in and exercised by a
board of six directors, each of whom shall
hold in his or her own name at least one
share of stock; said board of directors shall
be elected annually on the first legal dav
Of February of each year; the frs election
to be held in the year 1915. All such cleo
tions shall be by ballot, at the office of the
under the supervision of three
to be appointed by the board