The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-16
CHARTER OF
NEW ORLEANS CANTILEyER
SunE STnRE INr

| United States of America, State OF
| Louisiana, Parish of Orleans, City of
| New Orleans. BE it known that on this
the 9th day of the month of February.
in the year of our Lord, one thousand
nine hundred and twenty-five, and of the
| Independence of the United States OF
America. the one hundred and forty
sixth. before me, EUGENE ID. SAUN.
DERS, Notary Public, acting for and in
| behalf of Raymond III. Saal, now on leave
of absence, duly commissioned and quail
| flied, within and for the Parish OF
| Orleans, State of Louisiana, therein re-
siding, and in the presence of the wit
nesses hereinafter named and under
| signed, personally came and appeared
the several persons whose names are
hereunto subscribed, who severally de-
clared that, availing themselves of the
| benefits and provisions of the COnstitu.
ton of the State of Louisiana and of the
| laws of said State relative to the organi-
cation of corporations. and particularly
of the provisions Of Act No. 267 of the
| General Assembly Of the State of Louis
lana for the year 1914, and the amend
ments thereto, they have contracted and
| agreed and united to form and do, by
these presents, contract and agree ana
bind and obligate themselves to form,
| organize and constitute themselves, as
well as all such other persons who may
hereafter join or become associated with
| them or their successors, into a stock
corporation and body polite in law, for
the objects and purposes and under the
conditions. covenants. stipulations and
agreements of the articles following, to-
| wit:
ARTICLE l. The name and title of
| this corporation shall be NEW ORLEANS
and under and by said name. unless
sooner dissolved in accordance with law
and this charter, it shall exist and con-
| time, and shall have and enjoy corporate
1 a g1I "a
| ninety nine (99) years from and after the
date Of this act. 1t may have. hold, re-
| ceive, borrow, loan, exchange, acquire by
| grant, gift or purchase, devise or be-
quest, sell, ALLEVIATE. dispose Of, convey,
lease, pledge, pawn. hypothecate, encum-
Der or mortgage property of any kind,
whether real, personal or mixed, cor
poreal or iRcorporeal, movable or immov-
| able, all subject to such limitations as
may be prescribed by law. 1t may make.
issue and endorse bonds or notes and
| other evidences of debt 1t may accept
mortgages, pledges or other forms OF
security for money loaned or other debts.
| It may contract, sue and be sued, plead
| or be implicated by its corporate name
| in any court of competent jurisdiction.
seal, and alter or break the same at
| pleasure. 1t may hold stock In other
corporations, and its capital stock may
be issued for capital stock Of other cor.
pOrations. 1t may name, appoint and
| employ such managers. directors, officers,
| ests, business and convenience may re-
quire, and may fix their compensation,
| having due regard to the nature. char
| acter and value of their services. 1t may
make and establish bylaws. rules and
| regulations not inconsistent with this
| charter or any existing law, fixing or
altering the management of its property.
the regulation and government of its
| affairs, and the manner of the certifica
tion and registration OF Its stock. III
may wind up and dissolve itself, or be
wound up and dissolved in the manner
prescribed by law. 1t may conduct bust
ness in this State. the Federal Districts,
the Territories and possessions Of the
United States and any foreign country.
| 1t shall have the power to invest It's
Board Of Directors with all Of its cor
porate powers, subject to such restric-
| lions as may be named In this charter
And 1t generally shall have and possess
all the powers, rights, privileges and i'm
| munities which corporations are and may
hereafter be authorized to have and pos
| sess under the Constitution and the laws
| of this State and particularly under Act
| No 267 of the Acts of the General Assem-
bly, of the State Of Louisiana for the
year 1914 and the amendments thereto.
ARTICLE II. The domicile Of this
corporation shall be the City Of New
isiana. and all citations or other legal
process shall be served upon the Presi-
| dent Of this corporation, or in case OF his
absence upon the vice-President. or IN
the absence Of both Of these officers upon
the Secretary Treasurer Of this corpor-
alton.
/ ARTICLE III The objectsN and pur.
| poses for which this corporation IS
| formed and the nature of the business
| to be carried on by It are hereby de-
ciared to be: To buy. sell, import, ex-