The herald., 1918-12-05
CHARTER
CHARTER NORTHERN STATES CITRUS
AND REALTY COMPANY, INC.

CHARTER NORTHERN STATES CITRUS
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 QolS); 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 here
| unto subscribed who severally declared that
| availing themselves of the provisions of the
laws Of this State relating to the organiza.
| ton of corporations, they have contracted
| aud agreed and do by these presents con-
| tract and agree and bind and oblige them
selves, as we'll as such persons 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-wit:
| ARTICLE 1.-The name of this corporation
| shall be Northern States Citrus and Realty
| Company, Inc, and under ITS corporate name
ninety-nine years from date hereof, unless
sooner dissolved by liquidation or other
wise, and shall have power and authority
| 10 contract, to sue and be sued TO make
mortgages, hypothecations 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 or 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, to ac-
qure or retire REISSUE its own stock;
TO create and accept mortgages, pledges or
other hypothecations; TO elect and appoint
such managers, agents, directors officers
as IT 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
for 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 to
acquire, by purchase or otherwise, to hold.
lease, sell, to improve, to mortgage, to Guilt
waite or to deal in real estate lands and their
improvements and properties located thereon
and incident thereto or connected Herewith:
lay out upon the same suburb, additions to
cities and towns; to 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 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 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,
Tor 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 reissue, on such terms
and conditions its Board of Directors ma,
determine, its own stock or bonds; and gem
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 (s2OO.OOOOO) Dollars,
divided into and represented by Two Hun.
bred thousand (20o0oO) shares of the par
value of One ($l.0o) Dollar each The stock
OF TINS corporation, under regulations pre-
scribed by its bylaws, may be subdiyided
INTO Grasses, which classes may be vested
with the power TO elect designated proper.
tons Of the directorate.
ARTICLE V-This corporation shall he.
come a going concern and shall be authorized
to commence business as soon as Fifty Thou
sand (SS0O00O Dollars of its capital stock
shall have been paid for, either in cash or
Its equivalent, provided by law. The
stock OF this corporation, or any part there.
Of may be delivered to any person. firm.
association OF persons or corporation in re-
turn for the acquisition by the company of
any property owned or controlled by such
person firm, association or persons or cor
poration, or in payment of other properties
or other service rendered, and the stock of
TINS corporation may, as hereinabove pro
vided, be acquired by it in such manner
ana under such terms as its Board of Direc-
tors may from time to time determine
The capital stock Of this corporation NAV
9 9 increased to the sum of Five Hundred
thousand Ss00OO000) Dollars, by a vote of
two-thirds of all of the stock outstanding
at a special meeting called for that pur
pose, or at regular meeting of the cor
poration. All certificates of stock issued
oy this company shall be signed bv the
President of by Vice-President of the com.
gany and countersigned by the Secretary or
Treasurer of the Company. The stock Of
ms corporation can be transferred only on
the books of the corporation and subject TO
sucn rules and regulations as may be by