The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-09
CHARTER OF
ST. CLAIR LAND COMPANY, MOOR
PORATED.

ST. CLAIR LAND toMPaNN,
PORATED.
United States of America, state of Lou
isiana, Parish of Orleans, City of New
Orleans.
BE it known that on this twenty seventh
day of the month of February, in the
year one thousand nine hundred and eigh-
teen. Before me. John X. Upton, Notary
Public in and for this City and the Par
iSh of Orleans, State of Louisiana; there
in residing, duly commissioned and quail
fed. and in the presence of the witnesses
hereinafter named and undersigned, per-
sonally came and appeared:
The several persons whose names are
hereuntO subscribed. all of the full age
of majority, and residents of this City of
New Orleans. Louisiana, who declared TO
me, Notary, that availin% themselves of
the provisions of the laws of this State
relative to the organization of corpora
tiOns, and more especially of Act 26I OF
1914 they have COyenanted and agreed for
themselves, their successors and assigns,
to form themselves into corporation and
body polite for the objects and purposes,
and under the stipulatiOns hereinafter set
forth. tO-wit:
Article 1.-The name and title of this
corporation shall be- st. Clair Land Com
pany, Inc" and under such title it shall
have and enjoy succession and existence
for Il period of ninety nine years from the
date hereof, unless sooner dissolved; II
shall have power and authority to con
tract, sue and be sued; to make and use
corporate seal, the same to break and
alter at pleasure; to have, hold, buy, sell
lease, mortgage, hypOthccate or pledge
property, real personal or mixed, neceS-
sary, proper or incidental for the carrying
on of its business; as well as to issue
bonds secured by such mortgages; to
make and issue notes and other certiti-
Gates; to name, elect and appoint man
ayers, directors, clerks or other employees
to properly conduct its corporate bust
ness. and to make such bylaws, rules and
regulations as may be necessary or found
L.. l., F,- ont nff Inns
ness and affairs of this corporation, and
generally to do every other act, matter
of thing necessary or desirable for the
complete and proper carrying out of the
Article 1.-THE domicile of this corpor-
alton shall De in the City of New Orleans
Parish of Orleans, State of Louisiana,
where all citations or other legal process
shall be served upon the President, or in
his absence on the Vice President, or in
the absence of both upOn the Secretary.
Article III.-The objects and purposes
of this corporation are hereby declared
lst. To deal in. and to have. hold. re
ccive, purchase, sell. lease. convey, mort
gage. hypothecate and pledge property,
real, personal and mixed: TO acquire
hold, lease and purchase and sell any and
all manner Of lands, in the State of Lou
iSiana or elsewhere; to develop and i'm
prove, as well as to transfer. convey, by
pOthecatp, mortgage or pledge the same
vision; to plot, lay out, or Subdivide any
and all lands acquired by the corpora
ton: to build, erect, construct, and to
contract for the building and construction
or buildings and other improvements
thereon of whatsoever nature, and to Op-
crate. lease or sell the same; to cut
bitches, drains, and canals and build
tramwayS and railroads for the improve
ment and exploitation of such lands.
2nd. To raise, deal in and buy and sell
all manner and kinds of fruits and vege-
tables; to engage in the general truck
farming business; to cultivate and sell, or
manufacture and sell the produce and ac
cretiOns of such land; TO act as the agent
of other corporations, individuals or firms
for the sale of lands, collecting of rents.
and in this capacity to charge and collect
commissions and compensation as pay
ment for such services rendered corpora
tons, individuals or firms; to issue
bonds; borrow and lend money secured by
mortgage or otherwise; to operate a store
or stores; to own, operate and maintain
power plants, ice plants, saw-mills, fac
tories docks, wharyes and terminals; to
lay pipe lines, tramwayS and railroads; to
build boats, barges or other cOnveyances;
to build, operate and construct docks.
wharves and terminals, and to lease or
suitcase all or any part thereof to any
other person or corporations for the like
purpose; and in order to fully carry out
said objects and purposes, to purchase,
lease or otherwise acquire pipe lines. tram
ways, railroads, docks, wharves, terminals,
= -
cars, pumping stations, steamplants, air
plants and all other machinery, apparatus
and paraphernalia necessary or incidental
thereto.
3rd. To build. construct. lease. pur-
chase or otherwise acquire buildings, ma
chinery or other apparatus that is or
might be necessary for working up the
products of said land, either in the raw
or natural state or changed by manufac-
ture, either produced by this corporation
or other persons or corporations, and to
market the products to the best advant
age
4th. To carry on such other business
or businesses appertaining to the pur-
poses hereinabOve set forth, or such as
are generally engaged in by corporations
of this kind.
Article IV.-The capital stock of this
corporation is hereby fixed at the sum of
Fifty Thousand (SJ0.00000) Dollars, divid-
ed into Five hundred (500) shares of the
par value of one hundred (S1O0.OO) dollars
each, provided that the amount to which
the capital stock of this corporation may
be increased shall he one hundred thou
sand ($1OO,OOO.O0) dollars. Two hundred
and seventy eco shares. or twenty seven
thousand 1927 100000 dollars of the cap
ital stock of this corporation must be
subscribed before the filing of the articles
of Incorporation. The subscribed capital
stock of this corporation shall be PAYABLE
in cash, property (real or personal), or
for labor and services rendered and per-
formed.
No stakeholder shall ever be held liable
or responsible for the faults, contracts or
debts of this corporation in any further
sum than the unpaid balance due the cor
poration on the shares Of stock subscribed
by him, nor shall any mere informality in
organization have the effect of rendering
this charter null, or of exposing any
shareholder to any liability whatsoever.
This corporation shall not engage in
business until twenty-se seven thousand
1927, 000.O0l dollars. or two hundred and
seventy (270) shares of the capital stock
shall have been issued and actually paid
in, either in cash, property or services
as aforesaid. If any of the stock
of this corporation is exchanged either in
whole or in part for property or good
WILL in that event the provisions of See
3 of Act 267 of 1914, shall be compiled
with strictly.
Article v-All the corporate powers of
this corporation shall be vested in and eN-
ercised by Board of Directors composed
of three stockholders, each of whom shall
office at least fifty 600 full paid shares
Of stock, a majority of whom shall con-
stitute a quorum for the transaction of
business.
The officers of this corporation shall
consist of a President, Vice-President and
Treasurer, all of whom shall be
of the Board of Directors.
The following named persons shall con-
stitute the first Board of Directors. to-
wit:
George Mule No. 300 Esplanade Avenue,
New Orleans, La; Peter Ciaccio, 1923 n
Rampant St, New Orleans, La; John Lii
nzZa, 800 Audubon Bldg, New Orleans,
La, all residents of the City of New Or
leans, State of Louisiana, with George
Mule, President, Peter Ciaccio, Vice-Pre
ident and John LiuZZa Secretary Treas
nrer, and these officers and directors shall