The herald., 1920-03-11
CHARTER OF THE BIENNILLE LAND
CO. INC. IEBRIARl rs, 1920.

y
year OF our Lord one thousand nine hun
drrd and twenty. and of the Independence
Of the United States OF America, the one
hundred and. forty-iourth.
Before me. FrliN Joseph PUG. no
taTl public. duly commissioned and quail
fled in and for TIA" Parish of Orleans.
state of Louisiana. therein residing, and in
th" presence of tho witnesses hereinafter
named and undersigned personally came
aud appeared.
Charles Il" Il. Claiborne. who's" po~rofhce
address il Whitney Central Bank Building.
New Orleans. Louisiana: aud
George Drnrgrr. whose pO~toftic" ad
dress is -" Common Street, New or
leans. Louisiana: and
Henry H. Chaffr. whose pO>tofticc ad-
dress is 60 Common Street, New Orleans.
Louisiana. all ct which said app"arrr> ar"
above III" full age of majority. and which
said app"arrrS did d"clar" that. awaiting
themselves of the provisions Of the laws
of the constitution of the stat" of
Louisiana. relative to the Organization
OF corporations. they hay" contracted and
agreed. and DO 10y these presents contract
and agree and bond aud obi GIt" them
selves 80 well a. such persons as may
her. after become associated with them. 10
form and constitut" corporation and body
polite in law for the objects mad purposes
and Usd,r the agreements anu conditions,
following. tO-Wit.
ARTICLE l.
The name OF she corporation >hIl! b"
!:iruvi,lr lrud 60 Inc. and under su'h
name il shall haze. enjoy and "Nrrri~" all
ut the powers and rights granted 10y law
ARTICLE H.
The purpose. or purposes. for which il i
formed are 10 buy and sell. 10 purchase.
acquire. lease hold. improve. manage, sell
alternate. Hi~ro~. of. mortgage and pledge.
real estate. lands aud trnemruts. with fun
power 10 do an that may b" necessary.
proper. helpful or incidental 10 any 81
the aforesaid purposes.
ARTICLE III.
7 To-" amount of IN" capital stock of the
corporation shall hr Fiv" Thousand Dol
lars t<Iupurol payfhl" i'm cash.
ARTICLE ~.
The capital stock SHALL consist of Fiv"
Hundred shares Of " par vain" % Ten DOL
hrs each: Stockholders shall in al stock
holders meetings br entitled 10 one vote.
iu prr.ou or hv written PROXY. for each
>lar" Of capital stock held by them. orthey
may send their votes by letter. the sigma
tur, Of which must D." acknowledged be-
fore 81 notary public. or other officer
authorized to take "fidHvits.
ARTICLE Y.
The domicil" Of the corporation shall be
i'm the city of New Orleans.
ARTICLE VI
tn" corporation shall exist for ninety
min" wears from the date of this inStru-
mcut unless sooner dissolved.
ARTICLE VII.
Tho Board of Directors of IN" corpOr-
alton shall consist of three stockholders.
each owning mt least one fun paid and
unIl"dCed share Of the capital stock. to
br elected annually on tn" third Monday
. Of April of each wear. and shall hold Of
lie" until their Successors are respective
ly chosen. ana qualified.
Motto" of each annual meeting shall he
delivered personally or deposited in the
post oftr" properly addressed to each
stakeholder IT least fifteen days before
such meeting.
All of the powers of the corporation
I L. III l.. Al.
which shall have the power to adopt and
amend bylaws. hut all officers. and en-
ploveeS shall hold office at the pleasure
of he hoard. and all officers. directors and
employees shall also hold office Mt the
pleasure # :he stockholders who may dis
plaC" or elect the successor of any one
or all of them at any time. at a meeting
called for that purpOS" by notice delivered
personally to each stakeholder or deposited
/ in the post office addressed TO each stock
holder nj least five davS before such meet
ing. Stock transfer books shall not be
! closed until the date of such meeting
The president r,av ut any time call
such meeting. and if the president or
officers of the corporation refuse or fail
/ 10 call such meeting when requested bv
/ IN" holder or holders of 10 per cent of
IN" capital stock outstanding, then such
holder. or holders. may personally. or
/ through proxy. call such meeting TO he
/ held At the office of the corporation. If
/ for any reason the use of the office of the
I -
veni"ntlv be used for such meeting then
/ the caller or callers Of such meeting nav
acting either personally or through proxy.
adjourn said meeting elsewhere and there
/ hold it.
ARTICLE VIII.
/ The first Board of Directors shall consist
| OF Charles de Il. Claiborne, Whitney Cen
/ tral Bank Building. New Orleans. and
GrorSr l'rhegre and Henry ii. Chaffe. 629
common Street, New Orleans. with Charles
! Il" Il. Claiborne as President and Treas
ur"r, and Henry II. "hafle as Secretary
until the third Monday of April. 1870
ana nhtil their successors are elected and
| qualified or replaced rs provided in Arti-
| Gle VII.
ARTICLE IN.
CITATION shall be served upon the PreSi-
drn, 81 ihe Corporation and In his absence
/ upon the Secretary. and in the absence
OF both from the City, on the remaining
! director.
The names and post office addresses of
lne Subscribers of these articles of in.
corporation, and a statement of the num-
Der of shares of stock which each agrees TO
take in the corporation are. Charles de
Il. Claiborne, Whitney Central Building,
ne hundred and SiNty-eight shares George
Ienegrp GID Common Street. one hundred
ana SlNty-SlN shares. Henry ii. Chaffe Gag
shares.
ARTICLE y.
These articles of incorporation NAV no
amended in any manner cOnfOrmabIp ia
law, AT a special meeting called for that
purpose. by vote of twO-thirds of its
outstanding stock, provided. that the can
ital stock shall not he increased or do
creased and the objects and PURPOSES of
the corporation shall not be changed by
less than vote of three fOurths of all lis
outstanding stock.
ARTICLE NJ
NO StnckhOlder shall ever be liable or re
SpohSlble for the contracts or faults of the
corporation in any further sum than the
unpaid balance on his stock nor shall any
mere lnfOrmality OF REORGANIZATION have
the effect Of rendering this charter null
or exposing 2 stakeholder to any liabiI-
II! other than that herein provided.
ARTICLE NIL
This corporation may he dissolved nv n
vote of two thirds of the CAPITAL stock In
the manner pointed ont by law.
Thus done and passed, in nv office in
me city of New Orleans on the day and
IN the month and year first above written
IN the presence of Walter G.. Wedig and
Jeann" Hatrel, competent witnesses who
her'nntn sign their names with the said
apprarcrS and me, Notary, after due read
ing of the whole
Original Signed: Walter G. Wedip T
fatrel Chas. de Il. Claiborne 16S shares
IieO Denegre. 166 shares: Henry III. Chaffa
lot shares, Felix ]. Puig. Notary Public
]. the undersigned Recorder of Mort
cages. in and for the Parish of Orleans
state of Louisiana. do hereby certify that
me above and foregoing Act of Incorpor-
alton. of the Bienville Land Co. Inc was
this dav duly recorded in my office i'm
Book 1923 folio 400
New Orleans. February 1ith. 1921.