The herald., 1911-10-26
CHARTER
OF CORTABLAU REALTY COMPANY.

OF CORTABLAU REALTY COMPANY.
UNITED STATES OF AMERICA, STATE |
OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
BE II known. that on this sixth day OF
October. in the year OF our Lord one thou-
sand nine hundred and eleven, before me,
Theodore August Beck. notary puD,IGi ~
and for the parish OF Orleans, state or Lou.
isiana duly commissioned and qualified, ana
in the presence of the witnesses hereinafter
named and undersigned, personally came ana
appeared the persons whose names are mere
unto subscribed, all above the full age or
majority, and residents OF this city, VINO
seyerally declared, that ayailing themselves
of the provisions OF the laws or TINS state
relative to the organization OF corporations,
they have formed and organized and by
these presents, do form themselves INFO ana
constitute a corporation and body polite In
law. for the objects and purposes and under
the stlpulations and agreements hereinafter
set forth and expressed, which they hereby
adopted as their charter, to-Wit:
ARTICLE I.
The name and title Of the corporation
hereby formed Is declared to be GOTTA
BIAj REALTY COMPANY, the domiclle
shall be in the city of New Orleans. state OF
louisiana, and ii shall have and enjoy sue
ceSsiOn by its corporate name Tor perlou
of ninety-nine years from and atter the
date hereof.
This corporation shall have power and
authority TO contract, sue and De sueu III
it's corporate name and TO make and use
corporate seal
An citations or other legal process shall
be served upon its president, in case or MS
absence or inability to act from any cause
the same shall be served upon the secretary
treasurer -
The objects and purposes for which TIL:
corporation is organized and the nature or
the business to be carried on by II. are
hereby declared to be: 10 purchase real eS-
tate, bonds. stocks and marketable securities
for investment purposes, 10 hOid, 10 sen;
mortgage or pledge the same. TO rent ana
lease property; 10 erect construct, ana I'M
prove buildings; TO loan or borrow money
issue notes. bonds and other Obligations
and generally to do all thlnSS lhcidehtal 10
the carrying out Of said objects and pur
'' A2TICLE Ill.
The capital stock or this corporation ia
hereby fixed at the sum OF five thousand
80. 900 OO) dollars, divided into and repre-
scented by fifty (50l shares, OF the par value
of one hundred (SlOO.OO) dollars each, which
shall be paid for in cash at the time or sub
This corporation shall commence business
and be going concern at once.
ARTICLE ".
All the corporate powers OF this corpora
ton shall be vested in and exercised by
board of directors. to be composed or three
stockholders two Of whom shall constitute
a quorum for the transaction OF all buSl-
ness. They shall be vested with full power
and authority to make all contracts, pur-
chases and sales, and adopt all bylaws, rules
and regulations for the government or the
business and affairs Of the company, and
alter and amend the same, appoint, hire and
discharge all representatives, agents ana
employees, fix all salaries and generally to
do and perform all things necessary in the
transaction OF the business and affairs OF
the company. Said board shall fill all va
cancies which may occur among their mum
Der.
The first board OF directors of this cor
poration shall consist OF Michel T. Miller,
| Emile NJ Deltry and Martin G. Gund, who
shall hold office until the Sth day Of OctO-
| Der, 1912, or until their successors are duly
elected and qualified with Michel Z. Miller
as president. Emile NJ. Deltry vice-president,
and Martin G. Gund secretary and treasurer.
On the second Tuesday OF October, and
annually thereafter, an election or the dl'
rectors shall be held at the office OF the
| company, under the supervision of two COM
missioners, to be appointed by the presi-
dent and the directors; and the othcers and
directors elected shall Immediately take their
! seats and hold Office until their successors
are duly elected and qualified. Each board
| shall elect its own officers which shall con-
| sist of a president, yice-president and secre-
| tary and treasurer
| and a majority OF the votes cast shall elect
and each share of stock shall be entitled TO
one vote. either in person or proxy.
| Written notice OF all elections shall be
given to the stockholders by the secretary n
| least ten days prior to elections
ARTICLE VI.
| This act OF incorporation may be changed
| altered or modified, or this corporation dis
| solved, with the assent OF three-fourths OF
| the stock present or represented at any gen.
eral meeting of the stockholders convened
| for that purpose, after thirty days notice
| Of such meeting shall have been given by
publication in one of the daily papers pub,
| iished in this city, five times during said
period, and such changes as may be made In
| reference to the capital stock shall require
forty days prior notice in writing, to each
wv A ARTICLE VII.
| Whenever this corporation be dissolved
| either by limitation OF this charter. or from
any cause. its affairs shall be liquidated by
| two commissioners to be appointed from
among the stockholders al meeting OF the
| stockholders convened for that purpose, ar
| ter thirty days prior written or printed no
| lice snail nave Deeu given ny tue Sctltlai
to each stakeholder, mailed to his or heI
| last known residence or place of business
| Said commissioners shall remain until the
| affairs Of said corporation shall have beer
| fully liqudated. In the event Of death OF
either commissioner, che survivor shall con
ARTICLE VIII.
No stakeholder OF the corporation shall
ever be held liable or responsible for tn,
contracts or faults thereof, in any further
sum than the unpaid balance due to the
| corporation on the shares owned by him
nor shall any mere informality in organiZs
ton have the effect of rendering this char
ter null or of exposing a stakeholder to am
| liability beyond the amount OF the stock.
The subscribers hereto have each writer
opposite their names, the number Of share:
subscribed for by them. so that this act MAJ
also serve as the original subscription list
Thus done and passed In my nOtarial of
fee, at the city OF New Orleans, aforesaid
in the presence of John Legier, Jr., and
Anthony TrOyanl, competent witnesses Of
hereunto subscribe their names, together
with said parties and me, notary, on the day
and date set forth in the caption hereof
| (Original signed z. VI. Miller, Il
shares VI. G. Gund. 30 shares; Emile VI
Deltry, 10 shares. (Witnesses) Ant. Troy
AMI, Jno. Legier, Jr.
T. A. BECK, Not. Pub.
I, the undersigned recorder of mortgages
In and for the parish Of Orleans and stat,
above and foregoing act Of incorporation o.
the Cortableau Realty Company was thi.
day duly recorded in my Office in book -
folio =
New Orleans, La. October 9TH. 1911.
| EMILE LEONARD, ID. r.