The herald., 1916-07-06
CHAR TER
IF PASADENA ORANGE FARM AND DE.
NELOPMENT co, INC.

\
NELOPMENT co, nc.
United States Of America. State Of Louisiana.
Fa5.,H Of Orleans. City OF New Orleans.
RI IT KNOWN. tina; on this 18th day Of
The month 90 May. IN the year one thousand
nine hundred and sixteen
BEFORE NE, JOHN K. UPTON, 4 notary
public IN and Tor this city and the parish OF
Orleans. State Of Louisiana therein residing,
duly comm. >Sloncd and qualified, and in the
presence OF the witnesses hereinafter named
and undersigned, personally came and ap-
peared: The several persons whose names are
1c-runt' subscribed. all of the iul axe OF ma
JorIty. who declared 70 me, notary, that avail
ing themselves Of the provisions of the laws
OF TINS State relative 10 the organization OF
'orPnra'ionS. and more especially Of Act 267
nan'ei and agreed and by these presents do
covenant and agree for themselves their sue
ceSSo!S and assigns, to form themselves into
corporation and body. polite, for the OBJ
Jec'S and purposes, and under the stipula.
tons hereinafter SET forth tD-wit:
Article The name and TILE Of this
@ISFPps'VI3 I.F s sh3I he the PASAnEZA
CCSHTl,E F1 1TS a.. AND RENELorMENI
shall have and enjoy succession and eNis,.
cnce tor a period OF ninety-ninc wears from
ne dt'c hereof, unless sooner d solved: il
snail have power and authority 70 contract.
sue and he sued. make and use a corporate
seal. the same 20 break and alter Al pleas.
rrc; . have, hold, buy. sell. lease mortgage
ANp'taeca;c or pledge property, real, personal
or mixed, necessary, incidental or proper for
me carry irS on Of It's business, and 10 that
end. - further mortgage all oil or mineral
leases. grants or contracts held bv IT, To-
Seihcr with all the buildings, constructions
and improvements erected on said lands
or 20 REPLACED or erected thereon. as well
as u issue bonds secured by such MORTGAGES
such bonds To be issued in such amounts
az such rate OF interest, and 10 run for such
length 81 time not exceeding the terms al
sand lease, a. said lesSces or grantees NAV
determine; 20 buy and hold S:oSk in any
n'hrr company or companies that NAV assist
ms company IN its object ard purposes 70
make and issue notes, and certificates q.
Indebtedness; to name. elect and appoint
managers. directors or clerks or Other en-.
p.oEeS 20 properly conduct its corporate busi.
nes'; and 10 make such bylaws, rules and
TtSu.at.nH As may be necessary or found
desirable Tor the management Of The bust
ness and Affairs Of this corporation. and zen.
crazy u DO every other act. matter or thing
necessary or desirable for the complete and
proper CARVING out Of said business
Artcic 2-Ihc domCilc OF this CORPORATION
SaaH be m the City Of New Orleans. Parish OF
''Ueaus, state Of Louisiana. where all cita.
IONS or o'her legal process shall be served
upon me president or II 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 pur,,ses o. this
corporation are hereby declared and stated 70
be: !. To deal in and to have. hold receive
pn' caaNe, sell. lease, convey, MORTGAGE hvDo-
tAecaie and pledge property, real personal and
mixed; 70 acquire. hold. lease and purchase
any and all manner Of land, throughout the
state OF Louisiana. or elsewhere: to devotion
and improve, as well as 10 transfer. convey
hyp'thccate mortSagc or pledge the same
either m bulk or by plot or other subdivi sior
u plot, lay out, or SubdIvide any and all
lands acquired by said C1rpOration; 70 build
erect, construct and to contract for the build.
ing and construction Of buildings and other
\ FhF- - "a,
ara 10 operate. lease or sell the same: 70 cut
bitches, drains. and canals and build tram.
ways Tor the improvements OF such lands
II Tai>e' deal IN and buy and sell
oranges and all other manner and kinds Of
fruits and vegetables: 20 engage in the gen
eral truck farming business; 20 cultivate and
sell. or manufacture and sell the produce and
aCcretlonS Of such land; 70 act as the agent
u p'Acr corporations, individuals or firms for
ne sale 81 lands. collecting of rents, and in
TINS capacity % charge and collect commissions
ana compensation as payment for such se-v-
ices rendered corporations, iudiyiduaIs or
firms 70 issue bonds; borrow and lend money
secured by mortgage otherwise: TO operate
store OF stores: To own. erect, operate and
maintain power plants. ice plants, sawmills
and factories.
J. To acquire by purchase. or lease. or
otherwise, lands in State Of Louisiana, or
elsewhere, tor the purpose Of prospecting for
''i obtaining OIL, gas, salt, sulphur or other
lh'Ntfhls. and 10 that end TO drill or cause 10
be drilled oil wells. or sink or cause 10 he
sunk shafts for mining, and 20 buv or lease
~ otherwise acquire drilling rigs or other ma.
,iuhtiy or apparatus necessary 70 fully &C
l"APii,h Said purposes. and II oil or other
minerals are found. then TO market the s.-,.
- the best advantage
! To- engage IN the distribution Of oil
go al sulphur or other minerals, either
produced 10y this corporation, or other ner.
sous or corporations by means Of pipe lines
tTdmway,. railroads. boats. bargcs a- g'beT
convey auceS, or TO lease or suitcase all or anv
D. IL.
pprlt-pu, Tor the like purpose; and in o-Ir-
3" tuiIy carry ont said objects and purposes.
% purchase lease or otherwise acquire pipe
!i'ne'' iTamways, railroads, docks, boats.
ndrgeS, tank cars, locomotives and cars. pu-lD.
i.s stations steam plants. air plants. and all
other machinery, apparatus and pa-apherraIia
necessary or incidental thereto.
= 10 DilId' construct, lease, purchase or
otherwise acquire buildings, machinery or
other apparatus for refining, smelling manu-
featuring, or otherwise working I'D 20 the mod.
ucts OF mineral lands, either produced Inv
TINS corporation by other persons or co..
"taerw, sc work up the by-products Of said
minerals 10 operate the said plant and 20
market the products or by-products, as manu-.
featured, to the best advantage
3. 10 carry on such other business amer.
tanning 70 farming, oil. gas. sulphur, sait or
other minerals as may be necessary or desi-.
able or Slch as are generally engaged in by
corporations Of this kind.
Article 4.-The capital stock Of this cor,o-,
Ton : hereby nxcd az the sum Of ONE HI-E.
DRIED THOUSAND $4,000 COZ Dollars. al.
yided into Ten THOUSAND 10000 shares
OF the par value OF Ten 5000 Dollars cacL
provided that the amount % which the cap.
itai stock u this corporation may be in.
creased shall be TWO HUNDRED THOII.
SAND C1yO,COOOO Dollars.
Five thousand two hunurc1 and tifty (57zO
shares, or hfty-two thousand I'VE hundred
'So25DlO Dollars cf the capital stock Of ms
corpora'!0n must be subscribed before the III
ing OF articles OF Incorporation. The sub.
Scrlbed capital stock OF this corporation shall
Dc payable in cash, property real or personal,
or i'T labor and services rendered and per.
formed
No S'ockholder shall ever be held liable or
responsible for the faults contracts or debts
u this corporation in and further sum thar
the unpaid balance due the corporation on the
shares Of stock subscribed fo- by him, nor
shall any mere informa!ity in organization
have The effect OF rendering this charter null,
or Of exposing any shareholder 10 any liabil.
Ity what so ever.
This corporation shall not engage in bust
ness until hfty-two thousand FIVE hundred
Ss2, 5000 Dollars $3.50 shares) Of the capital
stock shall nave been issued and actually
paid IN, either in cash, property or services
rendered as aforesaid. If any of the stock
OF this corporation is exchanged in whole or
in part for property or good will, in that even
. he Is Z A. ~