The herald. [volume] (New Orleans, La.) 1905-1953, 1916-06-22
CHAR TER
or PASADENA ORANGE FARM AND DE
NELOPMENT co, INC
United States OF America. State Of Loui.lana

y
NELOPMENT co, INC.
United States OF America, State of Louisiana
Parish Of Orleans, City Of New Orleans
! ri II Known, that on this 18th day o
| the month Of May, in the year one thousan,
| nine hundred and sixteen
! BEFORE NE, JOHN K. UPTON. notar,
! pu,Iic IN and Tor this city and the parish o
| orleans, State o: Louisiana, therein residing
| duly commissioned and qualified, and in IN,
/ presence OF the witnesses hereinafter nance
| and Undersigned, personally came and ap
| praTed: Inc severa! persons whose names are
| ntrtunto subscribed all OF the full ape of ma
| lority, who declared to ne, notary, that avail
/ ing themselves Of the provisions OF the law
| u thiS State relative 10 the organization o.
| S2'P2T3ionS, and more especially Of Act %;
! d I'l|, and Act 22 OF l9'1 they have cove
! nan'ed and agreed. and by these presents d.
! covenant and agree for themselves their sue
| cessoTs and assigns. to form themselves int
| corporation and body polite, for the Oh
Jects and purposes and under the s,ipula
t9hs hereinafter set forth to-wit:
Article The name and title of ,hi.
GSSRRP s VGE ri sb3ll b%s,n the PASADENA
| COMPANY. INC. and under such title i
| shall have aud enjoy succession and exist
| ence Tor a period Of ninety-nine years from
'le d3ie hereof, unless sooner dissolved; il
| snail nave power and authority n ro-.-ar.
| sue and be sued. make and use A corpo-ate
| seal. the same 10 break and alter AZ plcaS.
| uTc; To- have. hold. buy, sell, lease, mortgage
| hSpoiAeca'e or pledge property, real, personal
| Or Mixed necessary. incidental or p-nncr Tor
| me carrying on OF is business. and TO tina,
| end 70 further mortgage all oil or mineral
IttSSs' grants or contracts held bv il 70.
SS'iltf win all the buildings, constructions
ana improvements erected on said lands
| or to bepiIccd or erected thereon as vel
| as T. issue bonds secured by such MORTGAGES
Nuch bonds - he issued in such an1unts
a. such rate OF interest, and 10 run for such
icnE'n OF TIME not exceeding the terms OF
S1ld lease, a. said lcSSces or grantees may
determine; to buy and hold stock in anv
| "'H'i company or companies that may assist
~ company IN ITS object and purposes: 10
maze ana issue notes, and certificates of
Indebtedness; to name, elect and apnoi NJ
| managers, directors or clerks or other en-
PI'yca 10 properly conduct its corporate bust
-; ana 10 make such bylaws, rules aud
| iCEu'd IONS as may be necessary or found
desirable Tor the management Of the hrsi-
ness and affairs Of this corporation and oeu.
crazy - d" every other act. matter or thing
necessary or desirable for the complete and
proper carrying out Of said business
Article 1.-The domicile of this corporation
>lIh ne IN the City OF New Orleans. Parish of
}rlean', State Of Louisiana, where all eta
''ohs or other legal process shall be served
uppH '.le president, or III the absence of the
president upon the vice president, or in the
absence OF both upon the secretary or treas
Article 5.-The objects and rurnosee ~ ,bis
corporation are hereby declared and stared 10
De; l. 10 deal in. and to have. hold, receive
purchase, sell, lease, convey, mortgage hypo.
he'ate and pledge property, real personal and
mixed; TO acquire, hold. lease and purchase
any and all manner of lands throughout the
state OF Louisiana, or elsewhere; 10 deveIon
ana improve, as well as to transfer convey
n a, mortgage or pledge the same.
either IN bulk or by plot other subdivision:
70 bI"t' lay out, or subdvide any and ali
lands acquired by said corporation: 10 buiId
erect construct and to contract for the build.
ing and construction OF buildings ard o,bc-
Thereon ~ nh,
ana TO operate, lease or sell the same. IA c,,,
bitches. drains. and canals and build tram.
ways Tor the improvements of such lands
To raiSe, deal in and buy and seII
oranges and all other manner and k;nds nf
FRUITS and vegetables; 10 engage in the gen
eIdi truck farming business; 20 cultivate and
sell or manufacture and sell the produce and
accfetiOns OF such land; to act as the agent
81 other corporations. individuals or firms Co.
me sale OF lands, collecting of rents. and IN
lhlS capacity to charge and collect Commissioners
; i.u compensation as payment for such serv-
ices rendered corporations individuals NJ
hrmS 10 issue bonds; borrow and lend none
secured by mortgage or otherwise; 10 operate
Hto'e or stores; to own, erect, operate and
mai ntaln power plants, ice plants, sawmills
and factories. '''''
:. 10 acquire by purchase, or lease, or
otnerwiSe, lands in State of louisiana n,
elsewhere, for the purpose of prospecting for
o., opi"'iing OIL, gas, salt, sulphur or other
minerals, and to that end TO drill or cause m
'e uf'iled OIL wells. or sink or cause to he
>u'N NHditN Tor mining, and to buy or lease
or other"iSe acquire drilling rigs or other ma
CI.,,rI;y OF apparatus necessary TO fully ac-
I'hpiiSh SAID purposes. and II oil or Other
minerals are found. then to market the So
10 the best advantage '''''e
:. 10 engage in the distribution of oil
produced by this corporation. or otIc- ~
sons or corporations by means of Dine ill.,
TamwayS. railroads, boats, barges or o,bor
,r, or to lease or suitcase all or any
Porat2ns TOR the like purpose; and IN orda-
70 iully carry ont said objects and purnoses
% purchase, lease or otherwise acquire n;ns
j',e, uamwayS, railroads, docks. boats.
20. &C. tank ears, locomotives and cars purrn.
ing stations, steam plants, air plants, and ali
Dlncr machinery, apparatus and paraphernaI;a
''t;SeSITa "a or Incidental thereto.
o-be-,,.;s.o "Iil, construct, lease, purchase or
o.her"ise acquire buildings, machinery or
y'"tT apparatus tor refining, smelling rn,nI,.
iacturing, or otherwise working m N The 80
l,is OF mineral lands, either produced Inv
INNS corporation or by other Dersone - -
porations, and to refine, smelt nnan,,f,c,,-SO 'I-
otherwise work up the by-products Of ga
IN ytdis 70 operate the said plant and 10
"a. Ne. |e products or by-products, as manu-
iac'uTed, to the best advantage
o. 10 carry on such other business a,na-.
la,idhE TO farming, oil. gas, sulphur. s3it ~
o,ic' numerals as may be necessary or des;-
-o ., Sueh as are generally engaged in by
Artcie 4-lhe capital stock OF this corno-,.
non iS hereby fixed at the sum Of ONF tIrE-
I)RED THOUSAND $4,000 OO Dollars 4.
vided into TEN THOUSAND Q0OCM s5,rns
OF the par value of Ten $1,000 Dollars earb
provided that the amount 10 which the ran
lldI stock OF this corporation may be in. !
creased shall be TWO HUNDRED THOIf.
SAND lS5O,DoOO) Dollars.
Five thousand two bunured and hftv r. 2so
SnaTes, or h:ty-two thousand five bundled
,soz,SJ0O) Dollars Of the capital stock Of tbis |
corPoT stion must be subscribed before the III I
ing or articles OF Incorporation. The sub
,cHoed capital stock Of this corporation shall |
oe payable IN cash, property real or personal.
formed N PCT
No stakeholder shall ever be held liable or !
esponslble for the faults, contracts or debfs
u TINS corporation in and further sum thar
Inc unpaid balance due the corporation on the
'nares OF stock subscribed for by him. nor
'hdI any mere informality in organization
nave the effect of rendering this charter null 1
'r OF exposing any shareholder to any liabil |
ty what so ever
ms corporation shall not engage in bust 1
aess until hfty-two thousand FIVE hundred /
80, 5000 Dollars $3.50 shares) of the capital
stock shall have been issued and actually
'aid an, either in cash, property or service,
endered as aforesaid II any Of the stoek
u this corporation is exchanged in whole or
n part for property or good will, in that event
ne provisions OF section of Act az of 1914