The herald., 1915-04-15

gage, hypothecate and pledge. property
both real and personal; to issue bonds
notes and other obligations or negotiable
instruments; to name and appoint such
managers, directors, officers, agents and
other employees, as the interest and
convenience of said corporation NAV re-
quire or demand; to make and establish
such bylaws, rules and regulations for
the management and control of it's bust
ness and affairs as may be deemed
necessary or eXpedient and the same to
change and alter at pleasure; and to do
all acts and things necessary and proper
to carry out the objects and purposes
of said corporation.
Article 1.-THE domicile of said cor
poration is hereby fixed in the City of
New Orleans. in this State. All cita-
tions and other legal process shall be
served on the president, and, in his
the absence of both, on the secretary of
the corporation.
Article III.-The objects and purposes
for which this corporation is organized
and the nature of the business to be
carried on by il, are hereby declared to
be: To buy, acquire, own, reclaim, cul-
tivate, develop. improve build upon,
lease and sell lands and real estate; to
construct, own and operate dredges and
other machinery, necessary to drain and
reclaim lands; to construct, own and
operate boats for transportation, pro-
PEELED by sail, steam, gasoline, electri-
city of other power; to construct, own
and operate telegraph and telephone
lines as well as railroads for the trans
portation of passengers and freight, and
operated by steam, electricity, gasoline,
or other power; to construct, own and
operate canning factories, mills for
manufacturing cane into syrup and
sugar and other mills, machines and
factories, as the Board of Directors may
determine; to carry on the business of
farming, stock raising and merchandise
ing in all their branches; to construct,
own and operate saw mills; to create
and establish drainage districts and
drainage systems on the lands which it
shall acquire, drain such districts, and
fix a land charge on the lands of such
districts for maintaining such drainage
and systems; to carry out, establish,
construct, maintain, improve, manage,
work, control and superintend, any
ways, roads, tramways, ferries, bridges,
water courses, wharves, levees
hydraulic works, hotels
and other works; and, generally, to do
and engage in any other business, under
taking. or enterprise connected with,
out of, or incidental to, any of
the purposes hereinabove set forth.
Article IV.-The capital stock of said
is fixed at the sum of five
hundred thousand dollars, divided into
ten thousand shares of the par value of
fifty dollars each, of which three thous-
and shares shall be preferred shares or
be common shares or stock.
The holders of preferred stock shall
not be entitled to cast any vote at any
meeting of stockholders on account of
being holders of such preferred stock
1t being expressly provided that only
holders of common stock shall vote at
the meetings of stockholders.
The corporation shall purchase from
Alfred ]. Moore, for the sum and price
set forth the following de-
scribed property in the Parish of st.
Charles. State of Louisiana, to-wit:
The Southwest quarter and South half
Of the Southeast quarter of Section
Seventeen; the Southeast quarter and
the Southeast quarter of Southwest
of Section Eighteen; all of Sec
lions Nineteen. Twenty and Twenty-one,
and that part of Section Twenty-Five
west of Section Forty-four; that part OF
Section Twenty-seven west of Section
all of Sections Twenty
eight, Twenty-Five, Thirty, Thirty-one