The herald. [volume] (New Orleans, La.) 1905-1953, 1918-11-28
CHARTER
CHARTER NORTHERN STATES CITRUS
AND REALTY COMPANY. INC

! CHARTER NORTHERN STATES CITRU!
AND REALTY COMPANY, INC.
United States of America. State of Louis
lana. BE it known, that on this sixteent
| day OF the month OF November, in the yea
of our Lord, thousand nine hundred an
| eighteen O9lS); before, me. Henry Leo
Sarpy, a Notary Public, duly commissions,
| and qualified in and for the Parish OF Or
! leans, State OF Louisiana, and in the pres
ence Of the witnesses hereinafter named an,
| undersigned, personally came and appeare,
| the several persons whose names are here
| unto subscribed, who severally declared tina
awaiting themselves Of the provisions of TIT
| laws of this State relating to the organiza
| tion OF corporations, they have contracted
| and agreed and do by these presents con
| tract and agree and bind and oblge them
selves, as well as such persons may be
come associated with them, to form them
selves into and 70 institute a corporate body
polite in law with the objects and purpose.
and under the conditions and stipuations o.
the following articles, to-wit:
ARTICLE 1.-The name of this corporation
shall be Northern States Citrus and Realty
Company, Inc, and under IT'S corporate namt
II shall enjoy succession for the period Of
| ninety-nine years from date hereof, unless
sooner dissolved by liquidation or other
wise, and shall have power and authority
to contract, to sue and be sued: TO make
mortgages, hypothecatiors and pledges to
make and use corporate seal and TO alter
and break same at pleasure; TO hold, receive
lease, purchase, sell. transfer, assign, mort
gage, hypothecate pledge or otherwise re-
ceive, use or dispose of property, real, per-
sonal mixed, corporal and incorporeal
TO issue bonds and TO secure the same by
mortgage or pledge: to buy and hold or dis
pose Of stock in other companies, or to ac-
quire or retire or REISSUE its own stock :
TO create and accept mortgages, pledges or
other hypothecations; TO elect and appoint
such managers, agents, directors or officers
as II may require; to make and establish.
alter and amend, rules, bylaws and regu-
lations for its proper government.
ARTICLE 1.-THE domicile of this COR
poration shall be in the City of New Or
leans, Parish of Orleans, State of Louisiana.
and citation and other legal process shall be
served upon the President of the corporation
and in the event of his absence shall be
served upon the Vice President of the corpo-
ration, and in the event of the absence of
both the President and Vice-President shall
be served on the Secretary of the corpora
ton.
ARTICLE III-The objects and purposes
tor which this corporation is created and or.
ganized. and the nature of the business 10
be carried on by it, are declared TO he as
follows: To engage exclusively in buying
and selling real estate, and to that end TO
acquire, by purchase or otherwise 10 hold
lease, sell, to improve, to mortgage, to cult
vate or to deal IN real estate lands and their
improvements and properties located thereon
and incident thereto or connected Herewith.
to reclaim and improve any such lands. to
lay Gut upon the same suburb, additions 10
cities and towns; TO establish and dedicate
squares, streets, alleys and canals for nayi-
CATION and drainage; to pave streets and side
walks TO lay down sewerage and drainage
and water pipes and conduits for electrical
and other purposes; and in connection there.
with, TO construct and operate plants for the
creation and distribution of light. heat and
power, either by gas or electricity or both:
to construct and operate drainage plants: 10
construct or TO have constructed buildings
OF all kinds, docks, wharves, canals and
pumping plants; to establish industrial and
manufacturing sites or to lease its propertv
or any part thereof for such purposes; to ex-
change its capital stock or any part thereof
Tor property; to issue bonds and to give
9norlgages and pledges in such manner and
form as 1T may determined to acquire and
hold or dispose of stock in other Corporations.
to acquire and retire or reissue on such terms
and conditions its Board of Directors ma,
ue'Sr NINE, us own stock or bonds; and gen
orally, to do any and all things NECESSARY
ana proper. incidental or pertinent TO the
powers herein set forth and to the business
hereby authorized.
ARTICLE IV-The corporate stock of this
corporation is hereby fixed at the sum az
Two Hundred thousand Cs2OO,OOOOO) Dollars,
divided into and represented by Two HIM,
dred thousand (2O0,OOO) shares of the nav
value OF One [Sl.OO) Dollar each. The stact
81 TINS corporation, under regulations nre-
scIlDed oy ITS bylaws, may be subdivided
INTO classes, which classes NAV he vested 1,
win the power to elect designated p-onor- |
lions of the directorate. F''P0
ARTICLE V.-This corporation shall n. |
ONE going concern and shall be authorized |
Q commence business as soon as Fifty Thon
'anu !SoO,OOoOO Dollars of its capital stool |
man nave been paid for, either in cash or
Is equivalent, as provided by law. The
'tosk OF this corporation, or any part there
h'0nay be delivered to any person f;rr,
Issoolation OF persons or corporation in re-
urn ior the acquisition by the companv of |
my property owned or controlled Nv s,ch
'eIson hrm' association or persons or cor.
orauon, or IN payment of other pronerties
Z other service rendered, and the stock Of
a corporation may, as hereinabove nro.
Iueu, De acquired by it in such manner
Iiu uhder such terms as its Board of Dire.
o DIS may from time to time determine
Inc capital stock of this corDoration ma,
s increased to the sum of Five HUNDRED
nousand CS5OoOO000) Dollars. by vote of
~o-thirds OF all of the stock outstand;rr
special meeting called for that nu1'
use. or at a regular meeting of the cor.
grafton. All certificates of stock issued
ms company shall be signed nv the
resident OF by Vice-President of the com.
any, ana eountersigned by the Secretary or
i.easurer OF sthe Company The stock NJ
rs corporation can be transferred onIv an
re books OF the corporation and sub;ec, 20
zen rules and regulations as NAV he nv