The herald. [volume] (New Orleans, La.) 1905-1953, 1916-08-24
T H e III E r. A ID
August 10, 1916.
CHARTER
OF THE LOUISIANA-MIS Ian
DEVELOPMENT co, INC.

OF THE ISIANA-MISSISSIPPI LIANT
i DEVELOPMENT co, INC.
United States OF America, State Of Louisiana
1 City OF New Orleans
! Be it known, that on this tenth day OF the
month OF August. IN the year Of our Lord
| 1916, before me, Pierre D. Olivier d notary
public duly commissioned and qualified II
| and for the parish OF Orleans, State Of Lou,
! IsIana therein residing and IN the presence
| OF the witnesses hereinafter named and I'M
| derSlgned, pers ially came and appeared
| the persons whose names are hereunto sub.
! scribd, all OF Tn full age OF majority and
| residents Of the city 90 New Orleans, who
! Severally declared that. avai.nE themselves
/ Of the general laws o! the State OF Louisi.
/ ana, ard particularly Of Act 367 OF the Gen.
| eral Assembly Of 1914, they do by these
/ presents covenant and agree and bind them.
J selves, as well as all other such persons az
| may become associated with them, IN order
! - form and constitute 4 corporation for the
objects and purposes, and under the Supu!a-
| tons following, to-wit:
Article The name and title % this cor
psratlon shall be Louisiana MissisSippi Land
Development Company, Incorporated /, shall
have and enjoy succession and existence for
a period Of nlnety-nIne (99) years from he
date hereof
The domiciIe Of ,his corporation shall be
IN the city Of New Orleans, State OF Lou
iSlard; All citation and other legal process
shall be served on the president, and IN case
Of his absence, on the vice president.
:A-tIcle 1.-THE objects and purposes for
which this corporation Is organized, and the
nature Of the business to be carried on by
Il are hereby declared 70 be:
To engage in buying and selling lands and
real estate situated throughout the United
States, and particularly IN the states Of Lou
isIana and Mississippi And this corpora
mortgage lands and other real estate 10 erect
buildings and make improvements Of all kinds
upon lands, and generally to do all things
necessary and proper pertaining to the bust
ness OF buying selling and improving lands.
Article III-The capital stock of this cor
poraton IS nxed at the sum OF five thousand
dollars tSS.nOOOOj divided into nifty 500 shares
Of one hundred dollars each.
The capital stock Of this corporation may
be increased to i've hundred thousand dol
lars 100000
Article lN.-All the powers of this corpo-
ration shall be vested in a board of direc.
tors TO be composed of three directors, two
Of whom shall constitute Il quorum for the
transaction OF business. 10 be elected by the
stockholders at a general meeting TO be held
on the second Monday OF June Of each year
Until the election held in June 1917, the fol.
lowing shall constitute the directors and
ohcers OF the corporation to serve until their
successors are elected and qualified: Craw.
ford II. Ellis, New Orleans, La. Emilicn
Perrin, New Orleans, La; Philip S Gidiere,
New Orleans. La, with said Crawford H.
president and Philip $. Gidere as secretary
treasurer.
The directors shall make all bylaws. rule.
ana regulations necessary for the conduct Of
the business OF the corporation. A failure al
any time TO hold meetings or to elect direc.
tors or officers, as herein provided. shall NOT
work the forfeiture Of this charter or dissolve
the corporation, but the existing board Of
directors and officers shall continue in Office !
until their successors have been elected In |
the event of the death. disability or resigna.
ton OF one or more of the directors, the re- |
directors or director shall have the |
power to appoint from among the stockhold. |
eTs successor or successors to such director |
or directors.
The incorporators have set opposite their
names their respective addresses, the number |
81 Shares to which they respectively sub
scTlbed, and attached hereto is a dcscrin-
porauon IN payment OF William C. Dufour's
subscription to the capital stock, together with
statement Of its value as appraised by the
directors.
,ity Of New Orleans on the day, month and
year hrst above written in the presence of |
hessrs: Esmond Phelps and Frank A. Miller,
1oih OF the full age of majority and residing
'igned hereto with the said appearers and me,
notary. after due reading OF the whole.
he original IS signed: VIM C. Dufour !
2 shares. Whitney Bldg, New Orleans. La:
-milien Perrin, one Ql share, 5Ol Baronne
s., New Orleans, La; Philip 5 Gidiere, one
y share, 7OS Union ST, New Orleans. La
.rawtOrd II. Ellis,one share 52I St. Charles |
1t. New Orleans, La
Witnesses: Esmond Phelps. Frank A. Miller
PIERRE ID. OLIVIER, Notary Public
|, the undersigned recorder of mortgages
n and for the parish of Orleans, State of
>ouisiana, do hereby certify that the above
nj foregoing act OF Incorporation OF the
.ouisiana- Missssippi Land development Co,
me-, was this day duly recorded in nv of. I
zee IN book 1901, folio o.
New Orleans, August Il, 1916.
(Signed) EMILE J. LEONARD, by. r.
A true copy of the original on file and
record IN my Office. New Orleans, August
5, 1916. ,
(Signed) PIERRE D. OLIVIER.
Notary Public. ,,
ug Il q 81 sept IA