The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25

lie il known that on this Thirteenth
03) day of the month OF February, IN the
wear of our Lord one thousand min" nun
bred and twenty. and of the Independence
of the United States of America, the one
hundred and forty fourth.
Before me, Felix Joseph Puig, no
tary public. duly commissioned and guam
fed in and for the Parish OF Orleans,
state of Louisiana. therein residing, and Ill
the presence of the witnesses hereinafter
named and undersigned personally came
and appeared:
Charles de Il. Claiborne, whose pOstoffce
address is Whitney Central Bank BulldlhE,
New Orleans, Louisiana; ana
George Dencgre. whose pOStOthce al
dress is go Common Street, New Or
leans, Louisiana; anu
Henry II. Chaffr. whose poStothce ad-
dress is go Common Street, New Orleans |
Louisiana, all of which said appedrers ar"
above the full age of majority, ana Whlch |
said appearerS did declare that aNaillhs
themselves of the provisions Oh th' Ia"
of the constitution of the state Oh
Louisiana relative TO the organization
of corporations. they have contracted anu
agreed and do by these presents contract
and agree and bond and Obllgate them
selves as well AS such persons as may
hereafter become associated with theh' 10
form and constitute corporation anu Ood!
polite in law for the objects mad purposes
and under the agreements ana cohuitlohS'
following, tO-wit:
ARTICLE l.
The name of the corporation shall De
| Birnyi!Ie Land Co. Inc. ana unuer su'I
| name il shall have. enjoy and exercise All
| of the powers and rights granted by law
" ARTICLE H.
! The purpose, or purposes. Tor Whlch IL Is
! formed are TO buy and sell, TO purchaSSI'
| aruuirr lea So. hold. improve, manage sen
ALLEVIATE dispose of. mortgage anu pleuEr
real estate, lands and tenements, with fun
power to do all that may be necessary;
| proper. helpful or incidental 10 an! Oh
the aforesaid purposes; w
ARTICLE III.
! The amount of the capital stock OF the
corporation shall be Five Thousand Dol
lars (SJOOO.O0) payable in cash
ARTICLE ".
The capital stock shall consist OF nv ,
Hundred shares of par value OF len I'oI-
lars each: stockholders shall in all STOCK
holders meetings he entitled to one vote
i'm person or by written proxy. for each
share of capital stock held by them. orthey
may send their votes by letter, the sigma
turc of which must be acknowledge De
fore a notary public. or other olH'er
authorized to take afhdavltS.
J ARTICLE V
The domicile of the corporation shall be
|, in the City of New Orleans.
ARTICLE VI
The corporation shall exist for ninety
y nine years from the date OF TINS lnstru-
ment unless sooner dissolved.
ARTICLE VII
The Board of Directors Of the corpor-
alton shall consist of three stockholders
: each owning Mt least one full paid ana
, unplcdCed share of the capital STOCK 70
, he elected annually on the third Monday
!, Of April of each year. and shall hold OF
J fico until their successors are respective
b, ly chosen. and qualified.
y Notice of each annual meeting shall b'
n | delivered personally or deposited in tn
% most office propprly addressed to eacl
II stakeholder ut least fifteen days Defor
such meeting.
= All Of the powers of the corporation
IN shall be vested in the Board of Director
s, which shall have the power to adopt an
Of amend bylaws. hut all officers, and en-
lie ployees shall hold office at the pleasur
Of The board. and all officers, directors an
s, employees shall also hold office at tn
IL pleasure Of the stockholders who may dis
Of place or elect the successor of any on
RS or all OF them at any time. at meetin
ne called for that purpose by notice delivere
u personally to each stakeholder or deposite
t. in the post Oh addressed to each stool
at holder at leastf5se days before such NEE
ing Stock transfer books shall not
We closed until the date of such meeting.
III vi The president may at any time ca
a., such meeting, and IL the president (
rs officers of the corporation refuse or IA
n1 to call such meeting when requested
III the holder or holders of 10 per cent
" the capital stock outstanding, then SUE
- holder. or holders. may personally,
III through proxy, call such meeting to
az az held at the office of the corporation.
~ for any reason the use of the office of &
u corporation Is refused or il cannot co
ari veniently be used for such meeting tn
nc the caller or callers of such meeting ma
IN acting either personally or through prox
cir adjourn said meeting elsewhere and the
ted hold 1t.
or The first Board of Directors shall cons
,cv of Charles de r. Claiborne, Whitney Ce
ali trail Bank Building. New Orleans. a
FOR George DeRegre and Henry II. Chaffe,
Common Street, New Orleans, with Char
nj, de Il. Claiborne as President and Tres
,s; urer, and Henry III. Chaffe as Secretal
ard and until their successors are elected a
md qualified, or replaced as provided in Az
Gle VII.
20 Citation shall be served upon the Pre-
ted dent of the Corporation and in his abseI
ks upon the Secretary, and in the abser
ed of both from the City, on the remaini
,oIi director.
.ars The names and post office addresses
and the subscribers of these articles of
No corporation, and statement of the nu
the Der of shares of stock which each agrees
in take in the corporation are, Charles
Il. Claiborne, whitney Central Buildi
IRA he hundred and sixty eight shares Geo
ded Denegre, go Common Street, one hund
Ised and siYty-six shares, Henry III. Chaffe
, of Common Street, one hundred and sixty
shares.
,ses ARTICLE X.
the These articles Of Incorporation may
, of amended in any manner c0nfOrmable
INIT law, at a special meeting called for {
to purpose. by vote of twO-thirds of
sed outstanding stock, provided, that the C
the ital stock shall not he increased or
creased and the objects and purposes
by the corporation shall not be changed
all less than a vote of three -fourthS of all
that outstanding stock.
ARTICLE NJ.
to No stakeholder shall ever he liable or
anne Sponsible for the contracts or faults of
, of corporation in any further sum than
olu- unpaid balance on his stock. nor shall
Their mere infOrmality OF inorCaniZation b
) of the effect of rendering this charter
by or exposing n stakeholder to any liz
ock- ity other than that herein provided
her: ARTICLE MI.
,rity This corporation may be dissolved h
and vote of two-thirds of the capital stock
and the manner pointed out by law.
such Thus done and passed, in my office
of the city of New Orleans, on the day
ther in the month and year first above writ
fore in the presence of Walter G.. Wedig
of Jeanne Hatrel. competent witnesses,
dat her6unto sign their names with the
ancy appearers and me. Notary, after due r.
ing Of the whole.
this Original Signed: Walter G. wedig
res Hatrel. Chas. de r. Claiborne. 18S sha
or Geo. Denegre 1866 shares; Henry Fl. Oh;
any 1855 shares. Felix J. PUG. Notary Publi
have I. the Undersigned Recorder OF NJ
null, cages, in and for the Parish of Orle
any State of Louisiana, do hereby certify
on the above and foregoing Act of Incor
alton of the Bienyille Land Co. Inc,