The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-07
CHARTER.
CHARTER OF BUNch's BEND CO. INC.

D CHARTER OF BUNCh'S BEND Co INC
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,..u T",,Ssi,, and IN The mrs
anr. ~ 49,. ,,,it,t.ssrs bereir.,ftrr named ana
| undersigned personally came and appeared
the several persons whose names are hereuntC
subscribed. Who severallv declared that avail
ing themselves OF the provisions OF the laws
| Of this State relating to the organization OF
, | corporations they have contracted and
; agreed, and do by these presents contract
, | and agree and bind and oblige themselves
, as well as such other persons as may become
associated with them, to form themselves into
, and to institute a corporation body polite
in law, with the objects and purposes and
under the conditions ana suPuIatiohs oil
! tue following d'lS'es' to'"Il'
ARTICLE 1.-The name of this corporation
, shall be Bunch's Bend Co., Inc, and under
, its corporate name it shan enjoy succession
for the period OF ninety nine years from date
| hereof, unless sooner dissolved by liquIda-
ton or otherwise, and shall have power and
authority TO contract, to sue and be sued,
10 make mortgages, hypothecatlons and
pledges. to make and use Il corporate seal and
10 alter and break same At pleasure; to
hold, receive, lease, purchase, sell, transfer,
assign mortgage, hypothecate, pledge, or
otherwise receive, use or dispose OF proper
~. real, personal or mixed, coTporeal ana
incorporeaI; to issue bonds and to secure
sane by mortgage or pledge; to buy and holi
Or C'si Sc OF stock IN other companies; =
create and accept mortgages pledges or 'ther
hypojAccalons; 10 eject ana appoint 'u> /
r.artFers, directors or oticers as 1t may
rcanie; to make aud eStabliSh, alter ana
| IN tnd fuIes' py-I'Ws ana regulations I'I
rs proper government
ARTICLE 1.-THE domiCile OF this cor
porati)n shall be in the City OF New Or
| leans, Parish Of Orleans and State of Louis
lana, and citation and other legal process
! shall be served upon the President OF the
corporation or, IN the event of his absence
shall be served upon the Vice President of
| the corporation, or, in the event OF the alb
sence OF both the President and the Vice
| President shall be served upon the Treas
urer OF the corporation.
| ARTICLE III-Tbe objects and purposes
| for y,hich tbis rlrn,ra+io, i rre,ted and mr.
| gauized and the nature of the business TO
be carried on by it are declared to be as
follows: To engage in buying or otherwise
acquiring and selling, or otherwise alienat-
or otherwise, to hold, lease, SELL improve,
mortgage or cultivate or deal in real estate,
| lands and their improvements and properties
| located thereon and incident thereto or con-
| nected Herewith; to reclaim and improve
| lands; to carry on general planting bust
ness; 10 DO any and an Things necessary or
| incidental 10 the raising, cultvatlng ana
gathering OF cotton, corn and any other crops
or products OF the SOIL and to market and dis,
pose OF tne same; 20 construct, maintain ana
| operate dwellings, barns, cotton gins ana
presSes'ahd other Duildlngs, WORKS and nm
proVeWeh's' 10 raise i've STOCK ana 10 uedI
| IN same; 10 own ana conduct stores; 10 lay
| out SUBURBS OF acitons 10 towns; 10 es
| taDhsh ana dedirate squares streets alleys
and canals ior Navigation or drainage; TO
construct ana operate drainage plants; 10
III t;1ds 49, So-ss .a-a,s I'D 6,,-, ~
inc nian9s. 20 eS+abi;sb ;nd,Striai I'D -
,trs ~ p,ope,oy VI
b3 pa -, nen;tar 80 SUI $3.50
So S~,ne-,,. 80 go 'hod ri o. 80
r,o-tr,ges "a ,1ad,as J.; ~ r,,,r,,a- ea,S
80 "-u ~. S.a2; az So iili. .i I i
haII aS ~ may 10 aequle anu
d ,~eiig, - IN -. Ia III 49, 20. .a
80 - - w "a ;gitni a. - t.;.'. -
r. ,a,,,ers bore; SO. fo-ti, III - tha r.;
80 49, o,,.iia-;I '''i anu ~ '+e ON'
49, a.,
AKllCLE IN:-Ihe corporate stock OF this
corporation is hereby liked at the sum OF
CsIso no1 d;,,; aid housanu DoIiI h
SF,as, U,,,,I-ai CI.oon - - ,S
IS o. udaJ DII 1sISo 90 90, pa. T
,,baIs ~ an,, ~. 80 - 80 - -
;SraJ ~ ao.,,a,1I $500, nay &c sc
o,,oI ~ -orar4, -, g.. -,,,'a u' u. io
y, " Az
AM loLE '.-lhls corporation shall De
lzed 10 commence business as soon as Sew |
enty-five thousand Dollars (T5,UnU) OF its |
capitai STOCK snail nave been PAID tor. either
IN caSh or us equivalent as provided by law
Inc STOCK OF TINS corporation, or any part |
lereot, may De delivered 10 any person, firn
ASSOCIATION OF persons, or corporation In
return Tor the acquisition by the Company |
ol any property owned or confronted by such
person irm, ASSOCIATION or persons or cor
porauon; or IN payment OF other properties
OF LOT services rendered
The capital stock of this corporation may
be increased to the sum of Five Hundred
Thousand Dollars $500 10000 by vote of
twothirds (2/0 of all the stock outstanding
at a special meeting called for that purpose,
or at a regular meeting of the corporation.
All certificates of stock issued by this Com
pany shall be signed by the President, or
by Vice President of the Company, and
counterslgned by the Secretary or Treasurer
of the Company. The stock of this corpora
ton can be transferred only the book,
OF the corporation and subject to such rules
and regulations as may be made by the board
OF directors or from time to time be pre-
scribed.
No stakeholder shall have a right 70 trans.
fer or convey any OF his or her stock in the |
corporation, unless and until he or She shall
have first made a written offer to thr othrr
then stockholders of the CORPORATION. and IN
the corporation itself. TO sell his or her stock
to them at the same price as that at which
he or she NAV have received . hon, sd
offer therefor Sucb ,yr;++e, offa- eL,u r. |