The herald., 1916-03-02
CHARTER
OF ILLINOIS-INDIANA LAND COMPANY,
CHARTER

4
United States of America, State of Louisiana,
| Parish of Orleans, City of New Orleans.
| BE II known, that this twenty-frst
| (2lsD day of the month of February in the
year of our Lord one thousand nine hundred
and sixteen, before me, Lewis Rossner Ora
| ham, a notary public duly commissioned and
QualIhed III and for the parish of Orleans,
therein residing and in the presence of the
hereinafter named and undersigned compe-
tent witnesses, personally came and ap
are hereunto subscribed, Of the full age of
majority, who severally declared that avail
ing themselves of the laws of Louisiana rel
alive to the formation of corporations, they
dos hereby form and organize themselves into
corporation for the term and period of nine
ty-nne years from this date, under the name
of Illinois Indiana Land Company, Inc, the
objects, purposes and business OF the com.
pany being to acquire, dispose, lease, buy and
hold movable and mmovable property of any
sort; 10 improve the same; to erect buildings
Of all descriptions and kinds and other works
of Improvement and structures for its uses
and purposes To engage in the business of
farming, and generally in the development
of the agricultural resources of the state, 10
demonstrate TO its fullest possibility and
extent the value of farm lands and their
productiveness, and to dispose of agricultural
products or by-products. To engage in the
business of canning or preserving farm pro-
ducts Of all kinds and exploiting the same
by their sale or disposal To borrow money;
TO secure the same by mortgage, hypotheca-
tOns or pledge of its assets; to issue bonds;
and generally TO carry on any business or
enterprise not inconsistent with the Constr
tuition and laws of this state or OF the United
States, and the said corporation shall have
power TO do and perform any act or thing
necessary or germane to its business con-
formally with law.
be one hundred thousand dollars CSlOO,0O00O,
divided into one thousand 1000 shares Of one
hundred dollars $1,000 each; said stock shall
be paid for in. cash, property or services as
may be determined by the baord OF directors,
and the corporation shall begin business as
soon as FIVE thousand dollars (S50O0.00I of
its capital stock shall have been subscribed
and paid in.
The affairs of this corporation shall be
managed by a board of directors composed OF
three 60 stockholders to be elected by ballot
on the first day of March, 1918, and annually
entitled to one vote for each share OF stock
held by him. The board of directors shall
have the entire management of the business
Of the corporation and the right to make by
laws and other regulations necessary to con
duct its business. The first board shall be
Of n. A. Baker, C. A. Ransom and
Laure VI. Courteau, the address OF each |
being laos Whitney Central Bldg, New Or |
leans, and shall hold Office until the FIRST day
Of March, 1918 The board OF directors may |
be increased from three to five, if it should |
become necessary, by the existing directors |
and by unanimous vote OF said directors. The |
two extra directors, if thus increased, 10 be |
chosen from among the stockholders. The |
directors shall elect from among themselves |
a president, vice-president and secretary |
treasurer.
The domicile of the company shall be in
The city of New Orleans, and n. A. Baker, |
director, is hereby designated as
he person on whom citation shall be served !
1t his Office in the Whitney Central Build |
ng or wherever his Office. may be in the |
City of New Orleans. In the absence Of the |
director any citation may be served |