The herald., 1918-11-21
CHARTER
CHARTER NORTHERN STATES CITRUS
AND REALTY COMPANY, INC.

AND REALTY COMPANY, INC.
United States of America, State of Louis
lana. Be it known, that on this sixteenth
day of the month OF November, in the year
Of our Lord. one thousand nine hundred and
eighteen (l9lS); before. me, Henry Leon
Sarpy, a Notary Public, duly commissioned
and qualified in and for the Parish of Or
leans, State OF louisiana, and in the pres
ence of the witnesses hereinafter named and
Undersigned, personally came and appeared
the several persons whose names are here
unto subscribed, who several declared that
availing themselves of the provisions of the
laws of this State relating TO the organiza.
ton of corporations, they have contracted
and agreed and do by these presents con-
tract and agree and bind and oblige them
selves, as well as such persons as may be-
come associated with them, to form them
selves into and to institute a corporate body
polite in law with the objects and purposes
and under the conditions and stipulations Of
the following articles, to-wii:
ARTICLE 1.-The name of this corporation
shall be Northern States Citrus and Realty
Company, Inc, and under ITS corporate name
II shall enjoy succession Tor 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, hypothecations and pledges. to
make and use a 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 or mixed, corporeal and Incorporate;
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 &C
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 1t may require; to make and establish,
alter and amend, rules, bylaws and regu-
lations for its proper government.
ARTICLE 1.-THE domieile 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 HI.-The objects and purposes
Tor which this corporation is created and or
gained. and the nature of the business to
be carried on by it, are declared to be as
follows: To engage exclusively in buying
and selling real estate, and to that end, 10
acquire, by purchase or otherwise, to hold.
lease, sell, to improve, TO mortgage. to Guilt
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 out upon the same suburb, additions to
cities and towns; 10 establish and dedicate
squares, streets, alleys and canals for navi-
CATION and drainage; TO pave streets and side
walks. to lay down sewerage and drainage
and water pipes and condnits for electrical
and other purposes; and in connection there
WITH. to contract 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; TO
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 property
or any part thereof for such purposes: TO ex-
change its capital stock, or any part thereof,
for property: TO issue bonds and to give
mortgages and pledges in such manner and
form as II may determine; to acquire and
hold or dispose Of stock in other CORPORATIONS:
TO acquire and retire or re issue, on such terms
and conditions as its Board Of Directors ma,
determine, its own stock or bonds; and gen
orally, to do any and all things necessary
and 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 Of
Two Hundred Thousand ($2O,OW.OO Dollars.
dlvlded into and represented by Two Hun.
dred Thousand (D0,00O) shares Of the mar
value of One Gl.O) Dollar each. The stock
OF this corporation, under regulations pre-
scribed by its bylaws, may be subdivided
INTO classes, which classes may be vested
with the power 10 elect designated propor-
tons Of the directorate.
ARTICLE V.-This corporation shall he
come a going concern and shall be authorized
10 commence business as soon as Fifty Thou
sand tSSO,0O0oO Dollars of its capital STOCK
snail have been paid for. either in cash or
IT'S equivalent. as provided by law. The
STOCK OF this corporation, or any part there.
OF, may be delivered 10 any person. firm
association of persons or corporation in re,
turn TOR the acquisition by the company Of
any property owned or controlled bv such
person firm, association or persons or cor.
p~oration, or in payment Of other properties
or other service rendered, and the stock Of
TINS corporation may, as hereinaboye nro.
vlded, be acquired by it in such manner
ana under such terms as its Board of D;rec.
toIs may from time to time determine.
Inc capital stock of this corporation NAV
9e increased to the sum of Five Hundred
ihousand GO0,0O00) Dollars. by a vote of
two-thirds of all Of the stock outstand;ns
al a special meeting called for that mus
pose, or at a regular meeting of the cor.
pora.ion' All certificates Of stock issued
ny ms company shall be signed bv The
resident OF by a Vice-President of the com>
Rany, and undersigned by the Secretary or
treasurer OF the Company. The stoct -
ms corporation can be transferred onIx
snch OooSs OF the CORPORATION and subject 10
suen rules and regulations as NAV he NV ~