The herald., 1919-07-17
CHARTER OF BUNcH's BEND CO. INC

United States of America, State of Louis.
lana. Parish of Orleans, City of New Or.
leans. BE it known, that on this the 2lrd
day OF the month of June, IN the year OF
our Lord, One Thousand Nine Hundred and
Nineteen Q9l9), before me- Watts X. Lev
erich, Notary Public, duly commi 5 stoned
and qualified in and for ire Parish of Or
leans, State of Louisiana, and in the pres
ence OF the witnesses hereinafter named and
Undersigned personally came and appeared
the several persons whose names are hereunto
subscribed, who severally 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 corporation body polite
IN law, with the objects and purposes and
under the conditions and stipulations of
the following articles, to-wt:
ARTICLE 1.-THE name of this corporation
shall be Bunchs Bend Co., Inc and under
IT'S corporate name it shan enjoy succession
Tor the period OF ninety nine years from date
hereof, unless sooner dissolved by liouida-
ton or otherwise, and shall have power and
authority to contract, to sue and be sued
to make mortgages, hypothecations and
pledges, to make and use corporate seal and
10 after and break same at pleasure; to
hold, receive, lease, purchase, SELL transfer,
assign. mortgage, hypothecate, pledge, or
otnerwise receive, use or dispose of proper
~. real, personal or mixed, corporeal and
incorporeal; to issue bonds and to secure
same by mortgage or pledge; to buy and holj
or dispose of stock in other compauies. I,
create and accept mortgages pledges or other
hypothecations; to eject and appoint such
managers, directors or officers as it may
reauiie; to make and establish. alter and
amend rules, by-lsws and regulations for
ITS proper government.
ARTICLE 1.-THE domicile of this cor
porati1n stall be in the City of New Or
leans, Parish of Orleans and State of Louis
lana, and citation and other legal process
snail 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-The objects and purposes
Tor which this corporation is created and or |
sanized and the nature of the business to
De carried on by it are declared to be as |
follows: To engage in buying or otherwise |
acquiring and selling, or otherwise alienat. |
ng, real estate; and to acquire by purchase |
'r otherwise, to hold, lease, sell. improve.
mortgage cultivate or deal in real estate. |
ands and their improvements and properties |
ocated thereon and incident thereto or con- |
lected Herewith; to reclaim and improve
ands; to carry on general planting bust |
necessary
Incidental to the raising, cultivating and |
sathering OF cotton, corn, and any other crops |
'r products OF the soil, and to market and dis. |
pose OF the same; to construct, maintain and |
operate dwellings, barns, cotton gins and |
IRE sand other buildings, works and i'm |
'rovements; to raise live stock and TO deal |
n same; to own and conduct stores; to Law |
nut suburbs OF additions to towns; to es- |
ablish and dedicate squares, streets, alleys |
md canals tor navigation or drainage; to
Construct and operate drainage plants: to
Construct or have constructed, buildings of /
III kinds, docks, wharves, canals and pump
ng plants; to establish industrial and manu-
acturing sites, or to lease it's property or |
my part thereof for such purposes; to ex.
mango IT'S capital stock, or any part thereof |
or property; to issue bonds and to give |
mortgages and pledges in such manner and
orm as it may determine; to acquire and |
lold or dispose Of stock in other corporations:
md generally to do any and all things neces-
AIRY and proper, incidental pertinent to |
he powers herein set forth and TO the bust.
less hereby authorized
ARTICLE IV.--The corporate stock of this
orporation is hereby fixed at the sum of |
lne Hundred and Fifty Thousand Dollars
Sl5O.OO00), divided into and represented bv |
fifteen Hundred $500 shares of par value
# One Hundred Dollars (slO0OO) each The
whole. or any part of said stock may be |
ssued for cash actually received, or for
money or property or for services rendered.
ARTICLE V.-This corporation shall be-
ONE going concern and shall be author.
zed to commence business as soon as Sew.
nty-five Thousand Dollars ($7s.OO0Oo) of its
apitai stock shall have been paid for, either
!, cash or its equivalent, as provided by law.
he stock of this corporation; or any mart
hereof, may Be delivered to any person, firm,
ssociafion OF persons, or corporation. in
eturn for the acquisition by the COMPANY
! any property owned or controlled by such
erson, firm, association or persons or cor
Grafton; or in payment of other properties
r. for services rendered
The capital stock of this corporation NAV
e increased to the sum, of Five Hundred
housand Dollars $500 ;D0OO) by a vote of
so-thirds !2/O Of all the stock outstanding
special meeting called for that purpose.
at regular meeting Of the corporation
u certificates of stock issued by this Com.
any shall be signed BY the President, or
y Vice President of the Company, and
by the Secretary or Treasurer
the Company. The stock Of this corpora
on can be transferred only ON the books
the corporation and subject to such rules
nd regulations as may be made By the board
o. -