The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-27

ship Co., Inc," was this day duly recorded
in my office, in Book 1921, Folio -.
New Orleans October 18th, 1919.
(Signed) EMILE ]. LEONARD, by, r.
w. w. YOUNG,
Notary Public.
Oct. 23-Nov. q.
CHARTER OF VICTORIA LAND AND
CANAL COMPANY, INC.
United States of America, State of
Louisiana, Parish of Orleans. be II known.
that on this 14th day of the month of
thousand nine hundred and nineteen
Q919), and of the Independence of the
United States of America the one hundred
and fourth 144th); before me. Watts X.
Leverich, a Notary Public, duly commits
stoned and qualified in and for the Parish
of Orleans, therein residing. and in the
presence Of the witnesses hereinafter nam
ed and undersigned, personally came and
appeared the several persons whose
names are hereunto subscribed, who de-
clared that, availing themselves of the
laws of this State relative to the organiZa-
ton of corporations, they have covenanted
and agreed, and do by these presents
covenant, agree, bind, form and Pm
stitute themselves, as well as such per-
sons as may hereafter join or become as
| ISOLATED with them, into a corporation
and purposes and under the agreements
and stipulations following, to-wit
ARTICLE 1.-The name and title of
this corporation shall be: "Victoria
Land and Canal Company Inc.," and I'M
der its corporate name it shall enjoy sue
cessiOn for the full term and period of
ninety nine years from and after the date
hereof, and shall have power and authority
to contract, sue and be sued; to accept
and receive mortgages. pledges or other
hxvA &haaa NsAn0 Nn 10 and n
porate seal and the same to break and
alter at pleasure; to purchase, receive,
lease, hold, or otherwise acquire and con-
vey, as well as mortgage and hypothecate
under it's corporate name, property both
real and personal and mixed; to borrow
money and make and issue bonds and
| other evidences of debt, and to secure the
same by mortgage and otherwise; to hold
| stock in other corporations; to acquire,
hold and reissue shares Of its capital
stock; to join or consolidate with and en-
ter into agreements and cooperative re-
lations not in contravention Of law, with
any person or persons, firms, associations
or corporations, governmental municipal
or otherwise, in and about the carrying
on and accomplishment of all or any Of
the purposes of the company; to carry
out all Of the objects and purposes here
matter set out: to name and appoint such
managers and directors, officers and
agents, as the interest and convenience
| of said corporation may require; and to
amend at pleasure, such bylaws, rules and
regulations for the management and regu-
! latiOn Of the affairs of the corporation as
may be necessary, proper or convenient
ARTICLE 1.-THE domicle Of this cor
poration shall be in the Parish of Orleans
other legal process. shall be served upon
any of the officers Of the corporation.
ARTICLE III.-The objects and pur-
poses for which this corporation is or
| ganized and the nature of the business
| to be carried on by 1t, are hereby declared
to be- to acquire by purchase lease; DO O.
hold, operate, sell, ALLEVIATE or encum-
Der, real, personal and mixed property, of
every description and kind, and parti-
cularly, rice mills, paper mills. feed mills,
irrigation plants. canals, pumping stat
ions, lands, warehouses, and the appurte-
nances thereof. and such other plants and
machinery as may be operated for the mill
ing, manufacturing and preparation sa, forth for the
ing particularly rice, or rice products,
or rice by-products, or any other food pro-
| ducts; to divert the courses Of rivers,
creeks. bayous and other streams; to dam;
store and husband water, and to control
same for its purposes or for the sale or
use thereof; to purchase acquire, hold.
| lease, manage, control, operate, sell, lease,
and otherwise dispose of, water, water
rights, rights of way power, privileges,
and appropriations for milling, agricul-
tural, domestic, manufacturing, and other
uses and purposes; to engage in al! sorts
of agricultural operations; to drain, ir-
rigate, reclaim, cOlonize, develop and i'm
| prove lands; to raise, market and deal In
! live stock; to hold, acquire, lease and OPP
crate tramroads, bridges, barges and other
watercrafts, canals, waterways, telephone
and telegraph lines, lighting plants, and
other means of transportation necessary
or convenient in prosecuting the business
Of the company; to erect buildings and
other structures, and to operate, lease
| or otherwise handle them and deal there
| in, to construct, and operate commissar-
| les, boarding houses, hotels, warehouses
and general stores; to operate diaries to
make advances for the cultivation OF
lands; to develop, produce, market and
deal in minerals: to buy, sell, store.
ship, forward, pledge, receive on con-
! signment, make advances on and handle
| rice and other agricultural commodities
and products Of all kinds; to obtain certi-
Gates as Public Warehouseman and car
| nv on business as such; to deal in mer-
| chandise of all kinds to acquire the pro-
perty, business and good will OF any In
diyuals, firm or corporation engaged IL
any of the business enumerated above
| to issue bonds, mortgages and hypotne-
| cations to the extent necessary or proper
in its business; to acquire and hold, sell
cucumber or dispose OF, stocks ana Donus
| of other companies, to the extent permit
ed by law: to exchange Its entire CAPT
tai stock, or any part Thereon, TOT properly
which it is authorized to acquire or tt
exchange it's entire assets and business
or any part thereof, for property, stocks
bonds or other obligations of other com
NAMES: to subscribe to the stock OF otnei
companies, and generally to DO any ant
ali such acts and things as may De o.
shall be necessary, or convenient or prop
er for the accomplishment OF any OF tn
foregoing objects and purposes.
i ARTICLE Iv.-The capital stock OF Thu
corporation is hereby fixed at the sum o
Five Hundred Thousand ($5OO,OOOU
Dollars, divided into Five Thousand (5OOO
shares of the par value Of One HUNDRED
(S1OO.OO Dollars per share. The amour
of stock may be increased to FIVE NIL
lion ($5OOO, 0O0.O0) Dollars. The who'll
or any portion of said stock may be issue'
and delivered to any person, firm or cor
! poration for the acquisition OF the rights
privileges or property owned or controil
ed by such persons, firm or corporation
for the fair value thereof as appraised o.
the Board of Directors; and the Board Q
. Directors hereinafter created Is speciaii
authorized to issue and dispose OF Tn
stock for any and all purposes as In It
, judgment may seem fair anr proper.
ARTICLE v.-An the powers Of thi
: corporation shall be vested In and exer
, cised by a Board composed Of three q
! directors. Said Board of Directors shal
be elected annually by ballot, at q STOCK