The herald., 1916-10-05

own. purchase, sell, or lease lands for cul.
uyatIon IN oranges, grape fruit, corn, vege.
tables, rice sugar cane or other fruits and
agricultural produce; 10 own and operate one
or more central sugar factories and rehner-
les or canning or other factories; 20 contract
TOT ana purchase sugar cane or syrups; T.
| raise 1--we stock on its lands; to carry on
! general stores in connection with its bust
| ness; to construct and operate railroads Tor
| the transportation Of the products Of its lands
| or OF products 20 and from its factory or fac.
| tories; 10 build canals for transportation or
| drainage and generally, to make all con-
| tracts and to engage IN all business con-
necied with OF incidental to its main bust
! ness OF acquiring and Cutivating lands and
| producing crops therefrom.
Article III.-The amount of the capital
stock OF this corporation shall be one hun
| dred thousand dollars (SlOOuOOOO. no portion
| Of which shall be preferred stock. said stock
| to be ISSUED by the board OF directors for
cash, OF property or for services rendered the
coporation at such times as the board Of
directors may determine and direct
Article IV-The aggregate amount TO which
the capital stock may he increased shall be
two hundred fifty thousand dollars $4,000
Article N.-Thc number OF shares Of which
the capital stock shall consist shall be 1000
shares, Of the par value Of one hundred dol
lars tSlOO each
Article NI-The location of the donicile
y this corporation shall be in the city OF
New Orleans, State OF Louisiana.
Article NII-AlI the corporate powers Of
this corporation shall be vested in and excr-
clSed by a board Of directors to consist OF
three 90 stockholders, to be elected annu-
ally at a stockholders meeting TO be held or,
he fourth Tuesday of the month of May in
each year, and directors 50 elected shall re-
nam IN office until their successors are elect
ed and qualified The following persons shall
constitute the first board of directors of the
corporation, 10 serve until their successors are
elected and qualified, to-wit: lowering Moore
n Audubon 81. New Orleans, La; John
Dlymond, T.. Empire 2: o., La; Harold P.
Nathan, l424 Toledano St. New Orleans, La
Article NIII.-The duration of this corpo-
ration shall be for ninety-nine years
Article IN.-The names and post office ad.
dresses OF the subscribers OF these articles
Of Incorporation and a statement of the num-
Der 81 shares OF stock of the corporation for
which each subscribes, as follows, to-wit:
lowering Moore, AL Audubon ST.. New Or
leans, La, share; John Dymond, Jr., En-.
pre- ?. O., La: l share; Harold, p Nathan,
ga Toledano s., New Orleans, La, share;
Mortgage Securities Co., Interstate Building,
New Orleans 9S7 shares. OF the above shares
$50 shares are TO be paid for in cash. For
go OF the said shares, Mortgage Securities
unto the corporation. with full subrogation
10 all its right hereunder, and under the
writ issued thereon. that certain judgment
obtained by the said Mortgage Securities
Company against the Myrtle Grove Planting
Manufacturing Company in the proceed
lngS entitled: Mortgage Securities Company
versus The Myrtle Grove Planting & Manu-
featuring Company Number 1882 Of the
docket Of the Civil District Court in and for
the parish Of Orleans, which said Judgment
has been appraised by the directors Of this
corporation at the sum value of seventy-two
thousand (S2OOO, as fully appears from the
accurate detailed and itemized description
OF the said judgment together with the ap-
praisement Thereof by the said directors
which is annexed hereto as a part hereof,
marked Exhibit A."
Thus done and signed in my Office in the
city OF New Orleans, in the presence of
Frank b. TwOmey and Joseph L. Weiss, COM
Petent witnesses, residing in the said city,
together with me, notary, after due reading
OF the whole
Original signed: lowering Moore, one
share; John Dymond, Jr., one share: Harold
p. Nathan one. share; Mortgage Securities
Co. by lowering Moore, vice-pres., 997
shares. I. b. Tw0mey, J. /. Weiss.
FELIN ]. DREYFOUS, Not. Pub
|, The undersigned recorder Of mortgages
in and for the parish of Orleans, State Of
Louisiana, do hereby certify that the above
and foregoing act Of incorporation of the
Pointe Celeste Planting Co, Inc, was this
day duly recorded in my Office in book 1885,
New Orleans, May %. 1916.
(SigneD EMILE J. LEONARD, by. R.
\ true copy from the original act. New
Orleans, August 3Oth, 1916
.. ID. DANZIGER,
Notary Public for the Parish OF Orleans,
and City Of New Orleans, substituting Felix
J. Dreyfous, another notary public for said
parish, now absent on leave from the gov.
ernor, as appears by the instrument annexed
to an act passed in the office of said notary
Dreyfous on August 81 1915.
Z Is not