The herald. [volume] (New Orleans, La.) 1905-1953, 1911-09-21
THE HERALi

broker or attorney in fact for any person or
corporation; to make and obtain loans upon
real estate improved or unimpr0Ved, and to |
supervise, manage and protect such pro-
perty loans and all interests and claims az
fecting the same; and to have the same In
sured against fire and other casualties. To |
improve, manage, operate, sell, mortgage, |
lease, or otherwise dispose of any property, |
real or personal, and take mortgages and
assignments Of mortgages upon the same.
ARTICLE ".
The capital stock Of this corporation is |
hereby fixed at the sum Of one hundred
| thousand and 00-l00 dollars (SlOO.OOO.OO), |
divided into and represented by one thou
sand shares of the par value of one hundred
dollars $500 00) each.
| Said shares of stock shall be issued at par
only, and when issued shall be paid for In
cash. or property, or the equivalent thereon;
| All shares of stock shall be issued as full
| paid and worcestershire, and no transfer of
stock shall be binding on said corporation,
unless recorded on its books.
| This corporation shall be going con-
| Germ as soon as three thousand dollars (S3,-
O0OOO) of its capital stock has been sub
scribed and paid for, in cash or its equiva-
| lent.
| All the powers Of this corporation shall be
| vested In and the management and control
of Its affairs shall be exercised by board
OF directors. to be composed OF three stock
holders, and two of said board of directors
shall constitute a quorum for the transac-
ton of the business and affairs of this cor
pOration.
The board Of directors shall be composed
of Walter C. Dwyer. AdOlph Henriques, NJ.
D.. and Joseph A. Wisong Each board
shall elect its own officers, which shall con-
sist OF a president, vice-president and a
secretary-treasurer.
The officers of the first board Of directors
shall be: Walter c. Dryer, president !;
| L VII A-rra nd
, Joseph A. WlsOng, secretary treasurer; and
) the said board Of directors shall serve and
, remain In office until the first Monday In
, October 1912, on which said date, and an
nuaIly thereafter, the board of directors
, shall he elected by the stockholders at a
: meeting called for that purpose.
/ All directors and officers shall hold office
! until their successors are elected and quail,
: fed, and any failure TO elect directors shall
! not be regarded as forfeiture OF this
Q charter.
t All such elections shall be by ballot, con-
s Quoted at the office of the corporation, I'M
: der the supervision of three commissioners
( to be appointed by the board Of directors
J. each stakeholder shall be entitled to one
o vote for each share of stock owned by him
!, | TO be cast in person or by proxy; and ma
y iorty of votes cast shall elect. Any va
t cancy occurring in the board of directors
e shall be filled by the remaining directors
e for the uneXpired term.
II The board OF directors may. from Its
o members. appoint such committees as II
q may deem proper for the management OF
l. the affairs and business of the corporation
s and shall be vested with full power and au
n thority to make all contracts, purchases
s and sales. and adopt all bylaws, rules an!
a ness and affairs of the corporation, and al
e ter, amend and change the same at pleasure
'e ARTICLE VI
$, All meetings Of stockholders shall be call
4 ed by notice mailed to the last known ad
dress of each stakeholder, not less thai
thirty days before the date hxed Tor sucl
n -'' ARTICLE VII.
a. This act of incorporation may be amend
II ed. modified or changed, or this corporation
s. dissolved, with the assent Of three-fourth
re of the capital stock, present or represented
" at a general meeting OF the stockholder
convened for that purpose.
Whenever this corporation shall be dis
solved, either by Limitation or from an.
" y; other cause Its affairs shall be nqnIaat.e e
K that purpose from among the stockholders
X at meeting Of the stockholders convene
y fer that cause. Said commissioners snal
o. corporation shall be fully liquidated. An
IN vacancy occurring among them from an
IN cause shall be filled by the remaining com
4 miSsiorer5.
II ARTICLE VIII
"a No stakeholder shall be liable or responsi
30 BILE for the contracts or faultS or TINS col
- poration in any further sum than the un
paid balance due on the shares Of stoc
owned by him nor shall any mere infoE
mality In organization have the effect o
rendering this charter null or OF subjectin
any stakeholder to any liability beyond tn
ne unpaid amount due on his stock.
ne Thus done and passed in my office, In tn
q, city of New Orleans, In the presence o
ne John C. Baumann and Charles A. DuchamI
* competen, witnesses OF lawful age, resident
as of this city, and parish, who have here
unto subscribed their names, together wit
ne the said appearers and me- notary, after du
ID reading of the whole.
s. (Original sgned) W. C. Dwyer, fftee
shares Adolph Henriques, NJ. D., hftee
u shares; Jos. A. Wisong, one share. (Wi'
III nesses) John c. Baumann, Chas. A Dt
y, champ EDoUARD +. HENRIQUES,
Notary Publ,
g I. the undersigned recorder Of mortgage
70 In and for the parish of Orleans, state Q
en- Louisiana, do hereby certify that the abov
and foregoing act OF Incorporation or tn
es Sonia Realty Company was this day dull
u, recorded in my office, In book 1851, folio -
10 New Orleans August oath, 1911.
1d (Signed) EMILE LEONARD, D. X.
ed I hereby certify the above and foregoin
to be a true and correct copy OF original &C
=, of Incorporation, together with. certificate G
r. the recorder OF mortgages for the parish Q
Orleans, on file and Of record In my NJ
tarial office.
EDoUARD F. HENRIoUEs,.
,fSeaD Notary Public.
. "a % 90 oct < 1o11