The herald. [volume] (New Orleans, La.) 1905-1953, 1916-04-27
CHARTER
OF LOUISIANA LIVE STOCK ASSOCIA.
TON, INCORPORATED.
State Of Louisiana, Parish of Orleans. CITY
of New Orleans

State. Of Louisiana, Parish of Orleans. Civ
| OF New Orleans.
BE it known and remembered. that on this
| 18TH day OF the month OF March, in the wear
| nineteen hundred and sixteen, and of the
| independence Of the United States of Amer
ica. the one hundred and forty-frst. before
me, meyer ;. DTeitus; notary public duly
ence OF the witnesses hereinafter named and
| undersigned: Personally came and appeared
| the persons whose names are hereto subscribed
who declared that, availing themselves of the
provisions OF the laws OF this state relative
! TO the organization OF corporations, and more
particularly to Act 267 OF the General Assem-.
biy OF the State OF Louisiana, for the year
| nineteen hundred fourteen, they have cove
nanted and agreed, and do by these presents
covenant and agree TO bind, form and consti-
tute themselves, as well as such other per
sons as may hereafter join or become asso-
ciated with them, into an association and
body polite in law, for the objects and pur-
poses and under the agreements and stipula.
tons hereinafter set forth, to-wit:
Article THE name and title of this cor
PoratiOn shall be the Louisiana Live Stock
Association, Incorporated" and under that
name it shall have and enjoy all the rights
privileges and advantages conferred by the
State of Louisiana corporations in gem
eral, and shall exist for a period of ninety
nine years, unless, otherwise dissolved, be-
ginning from date OF this act of incorpora-
ton. 1t shall have power and authority to
N,
lease, mortgage and hypothecate and pledge
property, real, personal and mixed; TO name,
elect and appoint managers, directors and
clerks and other employees to properly con-
duct its corporate business, and to make by
laws, rules and regulations as may be found
necessary or desirable for the management
OF the corporation, and shall do everything TO
correctly carry out its objects and purposes
Article 1.-THE domicile of this corpora
ton is hereby declared to be the city of
New Orleans, State of Louisiana. All cita-
tions and other legal process shall be served
upon the president, and in the absence of
the president on the vice-president, and in
the absence of both of them, upon the sec
retary-treasurer of the corporation.
Article III.-The objects and purposes for
business to be conducted by it, are declared
to be, the Importation, exhibition, purchase
and sale of thoroughbred and common cattle,
hogs and horses. To own and improve real
estate, and to lease or operate the same, for
all purposes incidental and germane to the
exhibition of stock, hogs and horses, both
thoroughbred and common. which shall in
clude the holding of speed contests, athletic
games and sports and aviation exhibits, and
the charging of an entrance fee for same; and
for such other purposes and objects may
be necessary, incidental TO the objects
and purposes hereinabove stated.
Article IN.-The capital stock of this cor
poration is to be one hundred thousand dol
lars (SlO0,WO00), diveded into one thousand
shares at the par value of one hundred dol
begin business when five hundred shares of
its capital stock shall have been subscribed
and paid for. Said stock shall be represented
by certificates OF stock, and to be issued at
such times and for such amounts at the
price and upon such terms and conditions as
the board of directors shall see fit and prop
er, and shall be paid for in cash or its equi-
valent in property, as the board of directors