The herald., 1916-06-29
CHAR TER
OF PASADENA ORANGE FARM AND DE
NELDPMENT co. INC.

y \
NELOPMENT co. INC.
United States Of America. State Of Louisiana
E'I!rH 4 0,r.I.car,. City Of New Orleans
III Il kNpHN, that ON This 18th day oi
| ,E- month of MAY, i'm the year one thousand
u'rc hundred and sixteen
BEFORE NE. JOHN K. UPTON, q notary
pubic IN and for this. city and the parish Of
| orleans, safe OF Louisiana, therein residing,
| duly com|g ,ouci and qualified, and in the
| presence Of The Witnesses hereinafter named
| and rndcr- Sred. personally came and ap-
pe2rcd: The several persons whose names are
lrftuuto subscribed, all OF the full age OF ma
lo-lty, Who declared to me. notary, that avail.
! ing themselves Of the provisions Of the law
OK t.iN STATE relative TO the organization 81
S9rL,'-;'"",, and more especially Of Act 2o7
nan;ed and agreed and by these present, do
| covenant and agree Tor themselves their SIC.
ceSSoTs and assigns. 10 form themselves into
,,Tp, .,, and body, polite for the OBJ
jrH' and purposes, and under the stipula.
'i.iN hrfc,rAiter set forth t1-wi;:
H'|'I" The name and title Of this
6 52Pii>3iis" r, ,h3 * The PASA1EXA
COMPANY. INC. and under such title i,
snail have and enjoy succession and exist.
enSc Tor period of ninety-ninc years from
nc m, dtte hereof, unless sooner dissolved; it
snail have power and authority TO CONTRACT
sue and be sued. make and use a co-oor5t.
seal, the same TO break and alter az pleas.
ure; u have. hold. buy. sell, lease. mortgage.
HSp'tarc3ie or pledge property. real, personal
or mixed. necessary, incidental or proper for
me carving On of its business and 10 thar
emu 70 further mortgage all oil or mineral
.ta.'>' grants or contracts held bv t.. To-
gether with all the buildings, constructions
anu improvements erected on said lands
'r lu hcplICCd or erected thereon as vii
Is 10 issue bonds secured by such mortgages
Such bonds 10 be issued in such amounts
Al >n'h rate OF interest. and TO run for such
length OF time not exceeding the terms OF
SAID lease, a> said lcsSees or grantees NAV
determine; {" buy and hold stock in any
L'HcT company or companies that NAV assist
mn company IN ITS object and purposes; to
MAKE ana issue notes, and certificates Of
'i'heotedneSs; 70 name, elect and appoint
managers, directors or clerks or Other en-
p!oycS to properly conduct its corporate bust.
eHsi aud 70 make such bylaws. rules and
reSuiationS as may be necessary or found
desirable tor the management OF the b,si.
ne, and affairs Of this corporation, and pen.
trdLs TO do every other act. matter or thing
proper carrying out Of said business
Article 1.-The dOmicile Of this coroor,t;o,
,'aIi DC IN the tity Of New Orleans, Parish OF
,'I'dus' state OF Louisiana, where all eta
'lo"s OF othtr legal process shall be served
upon the president. or il the arbsence Of the
president upon the vice president. or in The
absence OF both upon the secretary or treas.
Article 5.-The objects and nurnoses ~ ,bis
corporation are hereby declared and stared 70
be; !. 10 deal in, and to have, hold. receive
purchase, sell, lease, convey, mortgage. hypo,
.fc,"ie ana pledge property. real personal and
mixed; to acquire, hold. lease and purchase
any and all manner Of lands throuchout the
state Of Louisiana, or elsewhere: to dev,l,n
ana improve, As well as to transfer. convey
ny i'ptheIate' mortgage or pledge the same
titAcr m bulk or by plot other subdivision:
70 pot, lay OUT, or Subdivide any and ali
lands acquired by said corporation: 70 build
erect, construct and 10 contract for the build,
ing and construction OF buildings AVID o,ber
THEREON ~ ytla
ana 10 operate. lease sell the same: 10 cpt
bitches, drains. and canals and build tram.
"SFS Tor the improvements of such lands
= 10 1alsc, deal in and buy and sell
oranges and all other manner and kinds 81
fruits and vegetables 20 engage in the GEN
eral truck farming business; 10 cultivate srJ
sell or manufacture and sell the produce and
aCCretlorS OF such land 70 act as the agent
81 other corporations, individuals or firms for |
the sale of lands, collecting of rents. and !, |
'AlS capacity 70 charge and collect commissions
'nn compensation as payment for such serv. |
ices rendered corporations, individuals o- |
irmS to issue bonds; borrow and lend nonsv
secured by mortgage or otherwise; 10 operate
a store or stores; to own, erect, operate and
and factories. ''''''s
: 10 acquire by purchase. or lease. or
'IIheT%iSe' !inds in State of Louisiana, or
Elsewhere, for the purpose of prospecting for |
,'.n o.Iiain,nS OIL. gas, salt sulphur or other
minerals and TO that end to drill or cause 10
De drilled oil wells. or sink or cause 10 he |
'HhN shafts Tor mining, and 10 buy or lease |
y otherwise acquire drilling rigs or other ma.
HintrS or apparatus necessary to fully aC-
.onphSh sand purposes. and il oil or other
Minerals are found. then to rarket tho 80
D the best advantage
= 10 engage in the distribution of oil.
shN, sdlt, sulphur or other minerals eitber
Produced by this corporation, or o,bc- No.
IONS or corporations by means OF pine I;res |
ANYWAYS. railroads, boats bargeS ar o,hcr
'hFey'n'es, or to lease or suitcase all or anv
''rai2 tor the like purpose; and in ODD
% ilIy carry out said objects and nur,7srs !
D purchase. lease or otherwise acquire nine
me- 'fd,n"dys, railroads. docks. boat, |
~ hcH' tank cars, locomotives and cars p-lrnD- |
nS stations, steam plants, air plants, and all
lheT machinery. apparatus and paraphcrn,Iia
tC'NTaTy o. incidental thereto.
~ '"-'u' cohStTuCt, lease, purchase or
iHer apparatus Tor refining, smelling ry,,,,
ac'urrng. or otherwise working up 10 The n-oJ.
eiS OF mineral lands, either produced bv
ms corporation or by other persons ~ -
nrations. and 10 refine. smeIt. rnannfart,,-e
'aerWise work up the by-products OF saiJ
l'hefdis 70 operate the said plant and 20
'irAet the products or by-products, as mann.
actured, 10 the best advantage
3. 10 carry on such other business amor.
aiming to farming, oil. gas, sulphur. saii ~
!tI minerals as may be necessary or desir.
,-o, o. Sueh as are generally engaged in by
Article 4-Ihe capital stock oF ,L;s .,,.
2n : hereby fixed at the sum Of ONE yfT"E.
'kED IHOlS SAND $4,000 co. Dollars. di.
.ded INTO Ten THOUSAND 10000 sbaTe,
me par value OF Ten $1,000 Dollars esrb |
FGFided that the amount TO which the can. |
Al stock OF this corporation may be in
-eased shall be TWO HUNDRED TUOIT.
AND (S9OOOOO) Dollars.
rive thousand two hunurcd and ffty Is 2,ol
IiaTes, or hity-two thousand FIVE bundled
'o-'oDgDl Dollars Of the capital stool, OF tb,s
operation must be subscribed before the fI, |
x OF articles OF Incorporation. The sub.
-TDed capital stock of this CORPORATION sb,IIl
payable IN cash, property real or personal. |
'rmed anu per
No stockholder shall ever be held liable ~
:SpDnslb!e for the faults, contracts or debts |
TINS corporation IN and further sum than
= unpaid balance due the corporation on the q
Iares Of stock subscribed FOX by him. nor
'ah any mere informality IN organization :
ave the effect Of rendering this charter null. ;
OF exposing any shareholder TO any liabiI, :
y what so ever :
This corporation shall not engage in bust. :
.ss until hfty-two thousand FIVE bundled :
%,opp) Dollars $3.50 shsres) Of the CAPITAL n
ock shall have been issued and actually
nd an, either in cash, property or seryicr,l :
ndered as aforesaid. II any of the ,toeL a
TINS corporation is exchanged in whole or :