The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-05
CHARTER
nF THE CITRUS LAND COMPANY.
.ri,ca States OF America, State Of louisiana
,-r.--. ,,,y Of New Orleans.


United States OF America, State Of louisiana
Parish of Orleans. City OF New Orleans
y. =, L,oy.r That on this seventeenth day
,f February A D.. nineteen ulndteu dtu
fourteen, before me, Lewis RoSSneT G'andE'
a notary public, duly commissioners anu iualt.
- an and for the Parish Of Orleans llcIC'
-, r..id,rp and in the presence OF the mere
matter named competent Witnesses, pSlS''
ally came and appeared, the SeN,il 'N.I
whose names are hercunto SloS,''D'u' M.
NJ Pierce being resident OF aurora III
-oi.. NJ Edgar L. HlrChbCrgcr being a resi-
Jenf of Chicago. Illinois; Mr.. John a hr1,.
being A resident OF Chicago, lliinolsi MI. w.
Z. Laugworthy and MI l. Hgll%" S,',.i 80 40"
being residents Of the City OF New oIitd"S.
louisiana all OF the said appearcrN bCihs OF
full age and the said apPearers seEcIaIy uc-
clared that avliling themselves OF lhc Id"e
of Louisiana relative to the formation oil COT
porations, they do hereby form ana organ
ize themselves into a corporation loT term
Of niucty-uine years IRON the ah'v "ytSot'
under the name of The Citrus Land Com
many the dorsiCle whereof IS hNed az the
Iiv Of New Orleans, Louisiana, ITS oOlects
and purposes and business being to buy sell
hold lease or otherwise acquire or dispose
al per.oual real or mixed property OF any
| SORT wherever situated for any and all puT-
noses. TO erect buildings OF all descriptions
| on the land Of the said company or else
where; to build, operate, sell or tease lol
| uperation factories OF any kinu, 10 ooiIo"
\ money and To secure the said loan by mort
| gage pledge or hypOthecauOn OF any SORT
] to lend money and to issue bonds or other
evidence Of indebtedness; to improve, cum,
| yate develop, irrigatc, drain and reclaim real
| estate either in this State or elsewhere, ana
| to operate drainage. irrigation or sewerage
| systems and to purchase or otherwise acquire
| and own drcdgcs, boats or any other appa-
| ratus necessary 10 carry into effect any oil
| the aforesaid purposes and TO operate any
| of the aforesaid apparatus; TO drill or mine
| for oil, gas, sulphur or other minerals ana
l Ill, q
| prise not inconsistent with the Constitution
| and laws Of this State or of the United States,
| and it shall have full power to do and TO
| perform any and all acts or things necessary
or germane to carry out the foregoing OBJ
! jects and purposes not prohibited by the laws
! OF this State or of the United States.
The capital stock shall be fifty, thousand sand
dollars represented by five hundred $500
| shares of one hundred dollars $4,000 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 soon as three thousand dol
/ lars (SSOOO.0Ol 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 (5I stockholders to be elected by the
| stockholders annually by ballot the third
| Tuesday OF February or any subsequent date
| fixed by the Board OF Directors, in case of
| no election taking place on said day, and ten
| days before said meeting, there shall be
i mailed to each stakeholder a notice of said
meeting directed to his or her last known
| address. Each share Of stock shall 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 regulations
| necessary for the conduct OF the business and
| 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 The first board
Shall be composed Of Messrs Edgar F. Kirch.
| berger, Milo NJ. Pierce. y. Seton Schneidau.
| ". p. Langworthy and John A. kruse, and
| shall hold office until the third Tuesday in
| February, 1918, until their successors are
| elected and qualified. Immediately after their
election the Board of Directors shall elect
from among themselves a President, a Vice
President and Secretary Treasurer. Until
the third Tuesday in February, 1915 or until
their successors shall have been elected and
qualIhed, the following officers shall serve
Mr.. Milo {. Pierce, as President; Mr.. Edgar
+. kirChberger. as Vice President; Mr.. W. p
Langworthy. as Secretary Treasurer. Any
failure to hold the annual stockholders meet
ing, as herein provided for, shall not cause
a forfeiture OF this act of Incorporation, and
any vacancy occurring in the Board of Di-
rectors from any cause shall be filled by the
remaining directors
All citation Of this corporation shall be
served on the President, or in his absence,
on the Wee President.
At the termination Of this charter or the
dissolution of the corporation, the affairs shall
be liquidated by three 80 commissioners
CltNltu DN the STOCKHOLDERS at a meeting called
for that purpose after due notice shall have
been given by publication for twenty (1M
days IN one of the newspapers published in
New Orleans and similar notice to each
| annual election.
No shareholder shall ever be held liable
or responsible for any obligations of this cor
poration IN any further sum than the unpaid
balance due on the shares of stock owned by
hlm' nor shall any mere infOrmalities or IT.
regularIueS IN the organization have the eff
tect OF rendering this charter null or of sub
lecung any shareholder TO any further liza
bility than the unpaid amount due ON his
stock.
In order that this charter NAV also serve
as the original subscription list required by
law the subscribers TO this act of incorpora-
ton nave also respectively written opposite
thelr names the amount OF the capital stock
subscribed for by each Of them No stock
shall be transferred except upon the books
OF the company.
Thus done and passed in my notarial office.
in the Parish of Orleans, on the date here
inabove first written, in the presence of Brad.
ford Miller and Noelie VOORHEES,, competent
witnesses, who have signed these presents.
together with me, notary, after due reading
(SignedD Milo NJ Pierce, one share: Edgar
F. kirchberger, one share; John A Kruse,
one share; W. p. Langwor.hy. twenty-six
Witnesses: (SignedD Bradford Miller, Noelie
VOORHEES,
(Sisned) LEWIS R. GRAHAM. Not. Pub.
LEWIS K. GRAHAM. Not Pub.
|, the undersigned, Recorder OF Mortgages,
in and for the Parish of Orleans, State OF
louisiana, do hereby certify that the above
and foregoing act of Incorporation of the Cit
rus Land Co; was this day duly recosded in
my. office in Book lll9. Folio :.
Signed EMILE ]. LEONARD, by. Recorder.
feb 10 20 inch u 10 26