The herald. [volume] (New Orleans, La.) 1905-1953, 1919-02-13
CHARTER
CHARTER OF EUREKA LAND COM
PANY, INCORPORATED.

United States of America, State Of Louis
lana. Parish Of Orleans. City OF New Or
leans BE it known. that on this 9th. day
OF the month OF January. IN the year OF our
Nineteen, and OF the Independence OF the
United States OF America, the One Hundred
and forty third; before me, Francis ID Assls-
ses Charbonnet, Notary Public, duly com
missioned and qualified, in and tor this
City and the Parish of Orleans. therein re
siding and in the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared the several persons
severally declared that availing themselves
OF the laws of the State OF louisiana and
| especially the laws relative TO the organ,
| zation OF corporations, they have covendnted
and agree and do by these presents covenant
| and agree and bind themselves, as well as
| all such other persons as may hereafter be-
| come associated with them, to form cor
| p9raton for the objects and purposes ana
| Under the articles, agreements and supula-
| tions following, to-wlt:
| ARTICLE 1.-The name and style of this
corporation shall be, Eureka Land Company,
| incorporated, and by and under that name It
! shall have and enjoy all OF the rights, pTiVi-
| leges powers, authority and advantages
! granted by law 70 corporations; II shall
| exist for a period of ninety nine years from
| date hereof; to make and use corporate
| seal, to contract, sue and be sued IN lts
| corporate name; to have and employ such
| managers directors, officers, agents and
other employees the board OF directors
may deem necessary; to hold, receive, lease
| purchase, convey, mortgage, hypothecate or
! pledge property, real, personal or mixed ;
| to issue bonds notes or other obligations,
! and to secure the payment thereof by pledge
| or mortgage; and to make and establish such
bylaws, rules and regulations for the cor
porate management and control OF its bust
| ness and affairs as may be deemed neces-
sary, proper eXpedient.
ARTICLE 1.-The domicie of this cor
poration shall be in the city OF New Or
! leans, State of Louisiana, and all citations
and other legal process shll be served upon
! the President OF said corporation or in case
| of his absence or inability to act, upon the
| Vice President, and IN case OF the absence
| or inability of both the President or VICE
urer OF this corporation, and in his absence.
| in the manner provided by Section - OF
| Act 267 OF the General Assembly, State OF
| louisiana for 1914
| ARTICLE III.-The objects and purposes
for which this corporation is formed and the
| nature of the business TO be carried on and
| conducted by it are hereby declared to be:
to deal in, buy, acquire and hold, movable
and immoveabe property OF every descrlp-
| ton in the State OF Louisiana, or elsewhere,
whether by purchase, lease, donations, eX-
change or otherwise, and the same to sell,
| lease, mortgage, exchange. rent, or donate; 10
reclaim and improve landed property; TO lay
| out town lots suburbs and farms; TO lay
| Streets construct sidewalks and alleys; 10
erect buildings and dwellings or other i'm.
provements; deal in, buy, sell, borrow and
| 10 lend money on personal property bonds
stocks mortgage notes and other securities
| TO do any or all of the foregoing, either for
its own account or for account OF others
And generally to do and perform or engage
in any kind of business or undertaking con-
nected with, growing out of. or pertinent e
the purposes hereinabove set forth and moi
prohibited by law.
ARTICLE IV-The capital stock Of this
corporation is hereby fixed at the sum o
Ninety Eight thousand and no/l00 1888,
OOomj Dollars divided into and represented
by Nine hundred and eighty C9S0l share
of the par value of One Hundred $500 Dol
lars each which said stock shall be paid TO
and issued in the purchase by the company
OF the following described real estate lynn
and being in the Parish OF Jefferson an'
|, State Of Louisiana to wit: A certain por
ton of land together with all the rights
ways, privileges, etc, theTeunto beiongln
or appertalnlng. situated adjacent TO Lax
Ponchartrain and extending south over al
area TO contain thousand acres, being IN
| entire north section of the Riparian Lam
Company. Inc, formerly Colonial Land Co.
tract, situated in the Parish OF Jefferson
+ Louisiana, and more fully described as fol
lows:
Beginning at an iron pipe which mari;
, the Intersection of the L. r. & \. right Of
way line and the East property line OF IN
Riparian Land Company formerly Colonis
Land Coz run y Is 30 E for distane
of 5,ll4', which is the beginning Of n
: thousand acre tract; thence y a. 30 z e
r distance of 22s0' to the west line Of II
Riparian Land Company formerly Coloni;
= Land Coz tract; thence along said line .,
49, 70 w. for a distance Of 5000 to Il
edge of Lake Ponchartrain; thence s 80.
!; E along the shore of Lake Ponchartrain. f
y y a distance Of $500; thence IS, 80 E alor
{ the East line of the Riparian Land Cor
s pany formerly Colonial Land Coz tract I
- d;s4ance Of Il 375' 70 the point of closu
Il which is 3llP from the L. R. & \. r!
on the East line of the Riparian Land Coz
pany formerly Colonial Land COP tra
All of which Of the above contains o
Thousand Acres. The said value being
value as appraised by the directors in