The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-10
ACT OF iNCURPOKATIoN
or
.OJISIiNA GRAVITY CANAL Couo,
INAOk ItiiI. AI-I-h - .aN /
StNle o. Loui.i1na. IA d OrIrnns cl,-

STATE OF Louisiana, Parish Of Orleans Ut
Oh New 'FlaH~-
he IL known. tu,N on this. SlSt dsr =,
lhe Mouth OF March 1919 Nni Of the I'M I'M
urlt Hu"Mr' OF IN" nIi"l States of Nma.i
ca the one hundred amt forty third bfoIl-
me- me Ih4r'e> +. -".' hln-'r, q Notary PM
ana fnr ',D'''u anu qualified in
anu Ior thr 'lll, IaII>h aud State aforn
>alu' 'h'r"ln residing. ami in the ira
enc ol the Witness hereinafter namsd
anu UNI >l-"'u personality ramr and
"Pi''i'" t'' NtN'i'i persons whose name
are AeftuMio Suh~''I""d who uecarsS
tnat' aN@'liH- themselves Of the nro'
VISIONS "l lhr I"NN "i TINS state relative
10 the lorWIll"h ANA or-HHlEaiiou of en-,
poI"u'H>' th'S nave 'o|rnuntrd and
asrteu' ana 40 10y THESE present cove.
ha"t; "Srr' ana hlha themselves, as Well
as mos VINO may hereafter become As.
Sotl"''u WIN l"'i"' 10 lorm themselves
ihto d" 'opuI''iV' I'F ih" objects and
~ pg',,,, W. ~, """'', ana under the
''iP nt%I,O, :, I''l|W li-. '"-NI,
an !, i-I, = ne hI,"' and style Of
~, ~, ~ PO'H'.Ci N"'" De Louisiana
'in'ttH '"H"l o.'I''HH lH'- ana 10y said
vi Po'",' H,t'lIS II S"." nave and enjoy
nuCtN>ioh 'or P'iiu" "i ninety nine
;'"iS' n"'t'' u'NH"IN'd, and shall
nav an tnt II-"'>. privileges and i'm.
ltunl'L'S NHl," are now or may here.
"sVI w II"H''u ny '"N 10 corporations
vi tn' H'ie "iru ""' t4aracter, and
uiucI sdIu '"iPoIIt' H'u'' shall have
the power ana authority 10 contract sue
anu Dt sue"' 70 H,ANe ana Use corporate
| Sfal' Tue SI'.t 10 hI'ah or alter at
Pi'"H"i'' anu 1" lI'N' III necessary rules
anu r'SuId'iohN LOT It's corporate man
aStIhgmt anu ToHIroi.
AN ~ LIZ ~, me uoiuIcle of this
CorPorallon snail De- III thr tIty of New
dreams; iarlNh OF pfhaHN Louisiana
anu an tlt4'Ioh ana o'htr legal pro-
TssS's Sn'n ne served upon the
irtSiueH' OF III case OF MS absence or
IMMUNITY TO ACT upon any other officer :
Vi me C0r poIatIoh
AM LII III ne OBJECTS and pur-
poses Ior Whl'h Naid corporation Is form
eu are: Gp TO construct and operate in
the Slate OF LOUISIANA ana elsewhere a
canal or canals for irrigation or nayiga.
non or either 90 To generate aud dis
tribute hydro-eltJtrlc power lcl to fur
| hish water TOT the purpose OF lrrigatng
ilce or other lands; tdD TO engage in the
cultivation, milling ami transportation
OF rice or other agricultural products in
the stare OF louisiana ANA elsewhere
| Said corporation shall hav" power to
acquire, by purchase, lease or otherwise,
| rights OF way ior irrigation and naviga-
tlon canals ana rights OF way for poles
posts ana wires Tor the transportation Of
| hydro- electric power; 10 furnish water TO
! rice growers ana other canal owners, at
! such rates as may be agrcd upon, AZ well
| as to FURNISH hydro electric power for the
] operation OF machinery of any or all
| kinds at such rates as may be agreed
upon; to own and operate canal boats
ana barges OF all descriptions whether
! operated by steam, electricity or other
power; TO erect necessary dams in con-
nectlon with It's cahal system to acquire
| land Tor reservoirs; TO acquire by lease
or otherwise and cultivate or let to
| tenants lands III the State OF Louisiana
ana elsewhere Tor the production OF rice
/ ana other agricultural products, as well
as to deal in rice and other agricultural
products; to borrow and lend money and
TO issue notes, ponds or Other obligations
and to secure the same by mortgage or
pledge OF any or all OF its property; and
generally to do any and all acts incidental
| 10 the OBJECTS ana purposes or its erea-
ton.
| ARTICLE lN.-Ihe capital stock OF
| TINS corporation Is hereby flNed at the
some OF one hundred ana flfteen thou
| sand (SllJ,OOOl Dollars, divided into
Eleven bundled and fifty ul5Ol shares
| OF the par value or one hundred dollars
each, all OF which shall be common stock
10 De pald Tor AT the tlhe theSe Articles
are executed IN money services or prop
erty usefuIl ana necessary Tor the Cd,
lects ana purposes OF the corporation ana
thereafter shall be non -assessable The
parties hereto declare that tney nave
subscribed to the number OF shares SET
opposite their respective signatures mere
to. The Capltal STOCK may be increased
from time 10 time 10 an amount NOT "a,
| ceeGihg Two huhureu anu Li'y thouSanu
| tSzoO OOOl dollars. -
AhIlCLE An the powers Oh 'hls
corporation snail he vested III ana Ot
exercised Dy Board OF nor Tess ihan
three nor more imam i've stochhoiue,s,
as determined In advance each year Dy
| tne stockholuers NJ tne annual Ineeths'
| tht sald directors shal Ne Doha liuv SUI ,
hoiderS ana shali each own NJ an tIish
one iull paid, non pieuseu snare 9i seoIA,
Inc ilrst boafu OF directors shaIi consis'
OF: "elman bTadloTd, Oh AIeNah VITA La;
VINO snail be President l.. VI; Miiier, Vi
New orleans, La, VINO shnil De wee
freslueht' CiarR IL. hiSe oi na'Tn nuns
Ia, VINO shaIl pe ngcre s ta." nd
The above named Board OF DIRECTORS anu
each succeeding Board snail eont iii "
hoid oiIlce Ior one year, OF ustn Th
successors are electeu anu iu1iii ntn,ars
PersohS 10 ne htreiIter eiT III ueu 49, t.om
for subsequent years snail seiec. v IT"m
tneir own huhloeT Ies ,r, mo
PRESIDENT ana Secre'ar! reasu.s IT. it 20
Board OF directors may from tline
tine' ana Us the BUSINESS Vi ane 80, ~ The
ton may dictate cohDlhe any wv =, ~.
above otiicers IN one anu ,he saHi ,o." and
oh the 1lrst MOhuay OIL Aaren, In,
ahhualIy theTeaItsr' t -, s.o, TO- the
snail eject BoarG Oh 'lrec ,, . iol ' 90
ensuing year, the board OF Dlre ,i.a,,a5
wen as the oliice is;, "le tI' ,hnir sne-
shall continue In ottlce uhtl ,hsH s TIL
cessors are elected ana qualhieu' t.,iot
erection OF blreclors shall " W ainrity
ana the persons m re't Hn dsc,sred elected.
OF votes cast snail ne deClareu e. o,har
For electlng DIRECTORS or ior any all no
purpose, each snare OF Stoch s or
entitled 10 one Note' "heshel P'hars az
Oy proxy, but no lIaclon"i raioritv
STOCK shail De ehlltleu 10 w, - ona fine
OF the directors Notlhs az u"i reonired
in person or by proxy shaIi pe ~ hy.
to pass any resolution or auoPt any shall
law, ana Wnlch, Wheh 80 'u'P case Of
become valid corporate ac's. IN tss az.