The herald., 1918-04-11
CHARTERS.
CHARTER OF
ST, CLAIR LAND COMPANY, MOOR
ATEn
United States of America, State of Lou
isiana. Parish of Orleans, City of New
Orleans

day of the month of February, IN lHe
| year one thousand nine hundred and elgh-
} teen Before me- John r. Upton. Notary
| Public in and for this City and the Par
! iSh of Orleans, State of Louisiana, there
in residing, duly commissioner ana quar-
| fled, 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 availing themselves OF
the provisions of the laws of this State
! relative to the organization of corpora.
| lions, and more especially of Act 26i or
! 1914, they have covenanted and agreed Tor
themselves, their successors and assigns,
TO form themselves into corporation ana
Ibodv politic. for the objects and purposes,
land 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 IL shalI
have and enjoy succession and existence
| for a 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 ana use
| a corporate seal the same to break anu
alter at pleasure; to have, hold, buy, sell
lease mortgage, hypothecate or pleHge
property, real personal or Fo m Tx orrTing
| on of it's business; as well as 10 issue
| bonds secured by such mortgages; 10
make and issue notes and other certlH-
Gates; to name, elect and appoint man
| ayers directors, clerks or other employees
| to properly conduct its corporate busl,
| ness and to make such bylaws, rules ana
regulations as may be necessary or or l pusii
desirable for the management OF the Dusl,
ness and affairs of this corporation, anu
| generally to do every other act lhatteI
| of thing necessary or desirable TOT the
complete and proper carrying out Oh the
Article 1.-THE domicile of this corpor-
alton shall be in the City of New orleans
Parish of Orleans, state OF Louisiana,
| shall be served upon the President or IN
his absence on the Nice-Presldent, or III
the absence Of both upon the Secretary.
| Article III.-The objects and purposes
of this corporation are hereby declared
and stated TO be:
LIST. To deal in, and to have, hold, re
ceiye, purchase, sell, lease, convey, mort
gage, hypothecate and pledge properly
| real personal and mixed; to acquire,
hold, lease and purchase and sell any and
| all manner of lands, in the state OF Lou
lisiana or elsewhere; to develop ana I'M
prove, as well as to transfer, convey, ny
pothecate mortgage or pledge the same,
either in bulk or by plot or other suDdl-
vision; to plot, lay out, or subdlvide any
and all lands acquired by the corpora,
ton; to build, erect. construct, and 20
contract for the building ana construction
or buildings and other Improvements
thereon of whatsoever nature, and to op.
bitches, drains. and canals and build
ltramways 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 ana vege
tables; to engage in the general truch
farming business; to cultivate and sell, oil
manufacture and sell the produce ana ac,
cretiOns of such land TO act as the agen,
of other corporations, individuals or nrins
for the sale Of lands, collecting of rents
land In this capacity to charge ana collec'
commissions and compensation as pay
ment for such services rendered corpora
bonds borrow and lend money secured BY
mortgage or otherwise; to operate store
. or stores: to own, operate ana MAINTAIN
= power plants, ice plants, saw-mills;; ia {,
lay pipe lines, tramways and railroads; u
> build boats, barges or other conveyances
5 to build, operate and construct docks
wharves and terminals, and to lease o.
sub lease all or any part thereof TO any
{ other person or corporations for the 1k'
purpose; and in order to fully carry GU
said objects and purposes, to purchase
: lease or otherwise acquire pipe lines, tram
{ ways, railroads, docks, wharves, terminals
boats, barges, tank cars, locomotives ant
cars, pumping stations, steamplants, air
I plants, and all other machinery, apparatus
: and parapherDalia necessary or tncidenta
thereto.
, 3rd. To build, construct lease, pur
e chase or otherwise acquire buildings, ma
, might be necessary for working up TN
t 1products 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 e
market the products to the pest adVant
4 age.
4th. To carry on such other bushes
or businesses appertaiHing to the pur
e Iposes hereinabove set forth, or such a
{ are generally engaged in by corporation
$ of this kind.
e corporation is hereby fixed at the sum o
Fifty Thousand (s5OOO0O0) Dollars, diyid
: ed into Five hundred $500 shares OF tn
: par value of one hundred (S1OO!OO) dollar
V each, provided that the amount to whic
: the capital stock of this corporation ma
lbe increased shall be one hundred thou
e sand ($1O0, 0O00O) dollars. Two hundre
: thousand is27 ,OO0OO) dollars of the cap
s ital stock of this corporation must b
il subscribed before the filing OF the article
v of incorporation. The subscribed capiti
stock of this corporation shall be payabl
: in cash. property (real or personaD, o
a for labor and services rendered and pei
/ formed.
y No stakeholder shall ever be held lab
8 or responsible for the faults, contracts Q
II debts of this corporation in any turtle
" sum than the unpaid balance due the col
operation on the shares of stock subscribe
o by him, nor shall any mere informality
r Organization have the effect Of renderin
= this charter null, or of exposing an
d shareholder to any liability whatsoever.
'e This corporation shall not engage
= business until twenty seven thousan
IS (S27, 00) dollars, or two hundred an
l. seventy (270) shares of the capital stoc
d. shall have been issued and actually pal
is in, either In cash. property or service
$, rendered as aforesaid. If any of the stoC
J. of this corporation is exchanged either
a whole or In part for property or goo
IS will in that event the provisions of Sc
e of Act 267 Of 1914, shall be compile
y with strictly.
IS Article VAN the corporate powers
IS this corporation shall be vested in and e,
le ercised by a Board Of Directors compose
a of three stockholders each of whom sha
l. own I'm his own right, during his term I
le office at least fifty (J0)- full paid share
d of stock, a majority of whom shall col
stitute quorum for the transaction
l. usiAess.
:. The officers of this corporation sha
q consist of a President, ce-President, an
d Secretary Treasurer, all of whom shall
members of the Board of Directors.
:. The following named persons shall cor
u stitute the first Board of Directors, Il
wit:
George Mule, No. 300 Esplanade Ayenu
g New Orleans, La; Peter Ciaccio, 1923
: Rampant St., New Orleans, La; John Il
uzza, 900 Audubon Bldg, New Orlean
n La, all residents of the City OF New Vi
y leans, State of Louisiana, with Geore
Mule, President, Peter Ciaccio, Vice-Pres
: ident and John LiuZZa, Secretary Treas
J; urer, and these officers and directors sha
q hold office until the first Wednesday
;, March, 1919, or until their successors al
q duly elected and qualified.
Thereafter the directors shall be electe