The herald., 1921-05-05
CHARTER OF CLERMONT HARBOR
LAND CO., INC.

United States of America, State Of Lou |
isiana, Parish of Orleans City OF New Or
leans. Be it known, That on this 18th
day of March, in the year one thousand,
nine hundred and twenty -one; before me,
Charles Rosen. notary public, in and for
the Parish of Orleans, state OF Louis,
lana, duly commissioned and qualified, and
therein residing; and in the presence or
the witnesses herein named and sub
scribed; personally came and appeared the
several persons herein subscribed all of
the age of majority, who declared that
they desired to avail themselves of the laws
of this State in such cases made and pro-
vided, and that they do hereby constitute
| themselves. their associates and success
| stipulations following which they hereby
! adopt as their charter, to.wit:
| ARTICLE 1.-The name and title of
| this corporation shall be Clermont Harbor
| Land Co., Inc, and by its corporate name
| the said corporation shall have and en-
| Joy all rights, powers and privileges
| granted by law to corporations, including
the power to have and enjoy succession
for the full term and period of ninety nine
| (99) years from the date hereof; to con-
tract sue and be sued; to make and use
a corporate seal and the same to break or
alter at pleasure; to hold, receive, pur-
chase, lease, sell and convey, as well as
mortgage, hypothecate and pledge, under
its corporate name, any property real, per-
sonal and mixed, to name and appoint
| such managers, officers, and agents and
| employees. as the interest ana convenience
of said corporation may require; to make
| and establish such bylaws, rules for the
management and regulations of the af-
fairs of said corporation as may be deemed
| necessary or proper, and the same to alter
or change at pleasure.
| ARTICLE 1.-The domicile of the said
| corporation shall be at New Orleans, in
the Parish of Orleans, State of Louisiana,
and all citation and other legal process
shall be served on its president, and in
case of his absence or disability, on its
secretary treasurer, and service of process
may generally be made in the manner pro-
yided by law.
ARTICLE III.-The objects and pur.
poses for which the corporation is or
gained, and the nature of the business
to be carried on by it are hereby declared
to be:
To hold, own. purchase, or otherwise ac-
quire and to sell or otherwise dispose of
real estate in this city and state, and in
the State of Mississippi, or elsewhere; to
build houses or other buildings thereon
and to sell, lease, or otherwise dispose OF
the same; to develop the said property
and to make such improvements thereon
as may be deemed advisable; to operate
hotels or other property in connection
with said property so acquired, and gen.
orally to do all things in connection with
the handling, development, and dispose
of the real estate and other property by II
so acquired; and to do any and all things
necessary in connection with and inciden
TAI 10 the foregoing OBJECTS ana purposes
ARTICLE IV.-The authorized capita
stock Of this corporation is hereby fixed
J at the sum of twenty thousand $50 900. 90
dollars, divided into two hundred 600
shares Of the par value of $4,000 per share
which stock may be issued either fol
cash or for property acquired by this cor
poration; and the Board of Directors o.
this corporation is hereby vested with full
power and authority to pass upon thu
, yalue of said property and services rem
dered to the company.
This corporation shall be a going bust
ness when fifty (50) per cent Of the CAPT
tai stock has been subscribed. The CAPT
= tai stock shall be paid for in the man
ner above provided as and when the Boart
Of Directors shall deem proper.
E The capital stock may be increased t.
e fifty thousand (s50.000Oo) dollars.
ARTICLE V.-The business and affair
of this corporation shall be managed by
. Board of Directors, selected from tn
! stockholders of the corporation, Of no
less than three or more than seven persons
as determined by the stockholders from
time to time. Should the stakeholder
I elect less than seven, the Board Of Di