The herald., 1918-06-06
CHARTER OF

~
State of Louisiana. Parish of Orleans, City
of New Orleans.
Be it known that on this, the 10th day
of the month of May, in the year of our
Lord, one thousand, nine hundred and
eighteen, before me, Charles +. Fletchin-
ger, Notary Public, duly commissioned
and qualified. in and for the City of New
Orleans, State of Louisiana, therein re-
siding, and in the presence of the wit
neSses hereinafter named and undersigned
personally came and appeared:
The several persons whose names are
hereunto subscribed, all of lawful age and
all residents of the City of New Orleans,
State of Louisiana, and, availing them
selves of the laws of the State of LouiSi-
ana and particularly of Act 267 of the
General Assembly of the SAte of LOuisi-
ana. for the year 1914. relative to the or
ganizatiOn of corporations, state that they
have covenanted and agreed and do here
by covenant and agree to form themselves.
as well as such persons who may become
associated with them or succeed them, in
to corporation, for the objects and pur-
poses and under the following Articles,
tO-wit:
Article 1.-The name of this corporation
shall be Mount Conner Company, Inc"
and under said corporate name, it shall
have succession for ninety nine years, I'M
less sooner dissolved, and shall have pow
er and authority to contract. sue and be
sued; to make and use a corporate seal,
the same TO alter or break at pleasure: to
make all necessary rules and regulations
for its corporate management and con
troll; and it shall have and enjoy all the
rights, privileges and immrnities which
are now conferred upon or may be here
after granted to corporations of the same
kind and character.
Article 1.-THE domicile of said corpor-
alton is hereby fixed in the City of New
Orleans, State of Louisiana. and all eta
lions and other legal process shall be
served upon the President of said cOrpOr-
alton, and, in case of his absence upon
in of ha h
sence of both, upon the Secretary Treasur
er.
Article III.-The objects and purposes
for which said corporation is organized
are herby declared to be: To lease and
sub lease lands of every description and
TO improve the same for general or spe-
c1al purposes; to operate plantations Of
all kinds, and to lease the same; to raise
and deal in agricultural products: to en-
gage in and conduct general merchandise
business, both wholesale and retail. in the
State of Louisiana or elsewhere; to pur-
chase. breed. sell and deal in live stock of
all kinds; to build saw mills, grain eleva-
tors, factories, warehouses, and to operate
same; and to construct and operate switch
tracks and railroads in connection there
with; to establish and operate barge and
boat lines: to acquire and hold, by pur-
chase, lease or otherwise, property real
and personal, and to sell, lease. mortgage
pledge or hypothecate the same: to Dor
row money, to draw, make and indOrSe
bills of exchange and promissOry notes
and issue bonds; to SELL assign. transfer
mortgage, pledge or otherwise dispose of
bonds or other securities or shares of cap
ital stock in any other corporations,
whether foreign or domestic: and. gener-
ally, to do any and all things incidental
or germane to any of the objects and pur-
poses above specified.
Article 1V.-The capital stock of said
corporation is hereby fixed at the sum of
twenty thousand dollars $500 100000, di-
vided into two hundred (200) shares of
the par value of one hundred dollars
t$1OOOO) each, all of which shall be com
mon stock, and the same may be issued
for cash or in payment of property or
services actually received by or rendered TO
the corporation.
The parties hereto declare that they have
the capital stock of the corporation set
this act of incorporation shall serve as an
original subscription.
Chauncey French, a subscriber to one
hundred 600 shares and c. Il. Mahaffey,
a subscriber to ninety eight (9S) shares of
the capital stock of said corporation, have
conveyed. transferred and delivered to the
corporation. in full payment and liquida-
tion of their respective subscriptions. GER
tain personal property as shown on the
memorandum filed herewith, giving the
location and detailed, itemiZed description
thereof, together with a statement OF its
value as appraised by the directors Of the
corporation.
No transfer of stock shall be binding
upon this corporation unless made ana