The herald. [volume] (New Orleans, La.) 1905-1953, 1917-12-20
CHARTERS.


mails into me-chantable products, and sell
the same. To cure and deal in hides, pets
and skins. To manufacture, buy and sell
provisions and other articles Of merchandise
commonly manufactured. bought or sold by
packing or provision houses. and to sIaugh-
ter cattle, swine, sheep and other animals
for food.
THIRD: To carry on dairy business.
and 10 manufacture, buy and sell, and other
wise deal in, and 10 export and import pro-
duce of all kinds, butter, oleomargarine and
butterine; TO establish. construct maintain
and operate refrlgeratIng plants, and plants
tor the manufacture Of ice; 10 equip, main
tam and operate refrigerator cars, and 10
do any and all things necessary and Incl
dental TO the operation OF the Company IN
the premises.
FOURTH: To carry on the business OF
cold storage and wdTehOuslng. and all the
business necessary or implicitly incidental
thereto; and 10 further carry on the business
u general warehousng. IN all its several
branches; TO construct, hire, purchase, oper-
ate and maintain, all or any convey ances
tor the transportation. in cold storage or
otherwise, by land or by water, of any and
all products, goods, or manufactured arti-
cles; TO issue certificates and warrants,
gotlable or otherwise, TO persons warehous-
ing goods with the Company, and to make
advances or loans upon the security Of such
goods or otherwise; 10 manufacture, sell and
trade in. all goods usually dealt in by ware
hOusemen; to construct, purchase, take
lease, or otherwise acquire any wharf, pier,
dock. or works capable Of being advanta-
geously used in connection with the shipping
and carrying or other business Of the Com
pany.
FIFTH: To construct, purchase, lease or
otherwise acquire, and own, maintain and
operate, steamboats,, sailing vessels, barges
and other wateTcratt, piers, docks, wharves
or bridges, and such lines OF tramway or
railway, within the State of Louisiana or
elsewhere, as may be convenient, necessary
or incidental TO any business or enterprise
OF the Company, with all necessary side
tracks, locomotives, cars, depots, round
houses and other equipment necessary to
the operation of said piers, docks, wharveS
bridges, tramways and railways, and the
traffic thereon, provided that this corporation
shall not have the power of eminent do
main.
SMITH; To hold, own, buy, sell, convey
exchange, lease, rent or otherwise cucumber
dispose OF and deal in real estate or other
property, personal or mixed, improved or I'M
impOved, and to mortgage, pledge or ALLEVIATE
and cucumber the same; to operate and cul-
tivate lands, plantations and farms; grow
thereon all agricultural products, and carry
on general agricultural business; TO Oper-
ate sugar rehneries, cotton gins, canning
factories and rice mills; to operate stores,
commissaries, merchandise establishments, and
carry on a general mercantile business.
SEVENTH: To drain, reclaim and improve
submerged, swampy or other lands whether
-
construct, work, dredge, straighten, widen,
deepen, or otherwise work upon, natural or
other water courses, canals, drains, sewers,
bitches and bikes, under contract or under
the direction of public officers courts; and
to do and carry on general dredging and
drainage business, and for that purpose TO
own and operate construction, dredging and
draining plants, consisting of machinery,
tools, implements, dredge boats, ditching
scows, lighters, derricks, vessels, engines,
cars, wagons, and property of every class
and description, convenient necessary
thereto; to deal in, buy, sell, acquire, lease,
sublet or farm, for its own account or for
the account of others, real estate, lands and
tenements; and to survey, subdivde and
plan such lands for the purpose of sale, and
TO improve and develop the same by the
erection of houses and buildings thereon,
and to do such other lawful acts as may
be needful or desirable in and about the
said improvement or development thereof, for
any purposes; and generally to purchase,
own, Nlease, convey, mortgage, pledge, trans
fer, otherwise acquire or dispose of, lands
water rights, mills, factories buildings and
other structures and all other property, both
real and personal, of every class and descrip-
ton, or any interest therein necessary or
desirable for the carrying on of the afore-
said businesses, or either of them.
EIGHTH: To prospect, bore, drill for,
mine, quarry, and produce oil, gas or other
minerals or metal; to cut timber and deal
IN timber and lumber; to operate sawmills,
mill business.
NINTH: To encourage immigration into
the State of Louisiana, and to develop gen
orally the agricultural and manufacturing
interests OF the State, and to assist in the
advancement of the material prosperity and
progress thereof; TO organize, found, estab-
lish and encourage colonies in the State of
Louisiana and elsewhere
TENTH: To enter into, make perform and
carry out contracts of every sort and kind,
with any person, firm, association, corpora
ton, private, public, or municipal, or body
polite, and with the Government Of the
United States, any territory or colony there
of, or any foreign government.
ELEVENTH: Geneally to do all and ev-
erything necessary, suitable, convenient or
proper for the accomplishment of any of the
purposes of any one or more of the objects
herein enumerated or incidental to the pow
ers herein named, which shall at any
time appear conducive or expedient to the
protection or benefit of the corporation, either
as holders of or interested in any property or
otherwise, with all the powers or here
after conferred by the laws of the State of
Louisiana upon corporations organized under
the act herein referred to-
ARTICLE IV.-The authorized capital stock
of this corporation is hereby declared 20 be
the sum of Two Million One Hundred Thou.
sand Dollars tS2,l00,0000O), which is divided
into and represented by Twenty One Thou
sand (2l,oOO) shares of the par value of One
Hundred Dollars $4,000 per share. Said
assessable when issued; shall be represented
by certificates, and shall be personal prop
erty. No transfer of said capital stock shall
be binding upon this corporation unless made
in accordance with the charter and bylaws,
and recorded on the books thereof.
Article V.-The business and affairs of this
| corporation shall be managed, and all of the
corporate powers thereof shall be vested in
| and exercised by a Board of Directors
| than twenty-five (29 directors, to be
elected from among the stockholders; and
| five (O of the directors at any time in Office,
either present in person or represented by
proxy, including the President and other Of
| fcers, shall constitute a quorum. The said
Board of Directors shall elect from among
their number a President, one or more Vice
| Presidents-the number to be determined each
| year by each Board of Directors-a Treasurer
and Secretary The Offices of Secretary
and Treasurer may be combined by the
| Board, and filled by one and the same per
| son. Neither the Treasurer nor the Secretary
need necessarily be members of the Board
| of Directors.
The Board of Directors shall have the full
| and complete control of the popety of this
corporation and they shall conduct, use and
| manage the same in their discretion they
/ may deem best, il not inconsistent with the
| objects and purposes of the Company and
the welfare of the same. The said Board OF
| Directors shall have the further power 70
/ make, alter and annul such bylaws and
| regulations for the government of this cor.
poration as they may think proper; and shall
/ have the right to appoint an Executive Com.
/ mittee, to be composed of such number Of
| directors as they might determine and shall
have the authority to delegate to and confer
/ on said Executive Committee such power
Il and aVfhn NV fhay he All h1rerfnrS