The herald., 1911-10-05
THE HERALL.

broker or attorney in fact for any person or
corporation; to make and obtain loans upon
real estate, improved or unimprOved, and to
supervise, manage and protect such pro-
perty loans and all interests and claims af
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-l0O dollars (SlOO. 100000,
divided into and represented by one thou
sand shares of the par value OF one hundred
dollars (S10O.OOD each.
Said ahares Of stock shall be issued at par
only, a II when issued shall be paid for in
cash, or property, or the equivalent thereof
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 a going con-
Germ as soon as three thousand dollars (S3-
O0000l OF its capital stock has been sub
scribed and paid for, in cash or Its equiva-
lent.
ARTICLE V.
All the powers Of this corporation shall be
vested In and the management and control
OF its affairs shall be exercised by a board
Of directors. 10 be composed Of three stock
holders, and two Of said board OF directors
shall constitute a quorum for the tTanSac-
tion OF the business and affairs OF this cor
pOratiOn.
The board OF directors shall be composed
Of Walter &. 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. Dwyer, president ;
Adolph henrigues. NJ. D., vice president. 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
nualIy thereafter, the board Of directors
| shall be 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 a forfeiture OF this
| charter.
All such elections shall be by ballot, con
Quoted at the Office OF the corporation, un
der the supervision OF three commissioners
| to he appointed by the board of directors
each stakeholder shall be entitled 10 one
vote for each share OF stock owned by him
| to be cast in person or by proxy and ma
| iority OF votes cast shall elect. Any va
| cancy occurring I'm the board Of directors
shall be filed by the remaining directors
| for the unexpired term.
The board OF directors may, from lis
members, appoint such committees as II
| NAV deem proper for the management OF
the affairs and business Of the corporation
| and shall be vested with full power and au
| thority to make all contracts. purchases
and sales. and adopt all bylaws, rules an6
| regulations for the government OF the bust
ness and affairs of the corporation, and al
ter, amend and change the same at pleasure
ARTICLE VI
All meetings OF stockholders shall he call
| ed by notice mailed TO the last known ad
| dress OF each stakeholder, not less thar
thirty days before the date fixed for suci
meeting.
This act OF Incorporation may he amend
| ed modified or changed, or this corporation
dissolved, with the assent Of three-fourth
| of the capital stock. present or represented
at general meeting OF the stakeholder
convened for that purpose: -,
| Whenever this corporation shall be dis
solved either by Limitation or from an!
other cause its affairs shall he liquidat e'
by three commissioners to be appointed 10
| that purpose from among the stockholders
at meeting OF the stockholders convene,
for that cause. Said commissioners shal
remain in Office until the affairs Of sal
corporation shall be fully liquidated. An
cause shall be filled by the remaining com
missiorers.
ARTICLE VIII.
No stakeholder shall be liable or respons
Bile for the contracts or faults Of this col
poration in any further sum than the UT
paid balance due on the shares of stoc
owned by him (; nor shall any mere infol
mality in organization have the effect O
| rendering this charter null or or suD1ectln
any stakeholder to any liability beyond tn
unpaid amount due on his stock.
Thus done and passed In my ONCE, In tn
| city OF New Orleans, In the presence 9
John C. Baumann and Charles A. Duchaml
of this city, and parish, who have herr
unto subscribed their names, together wit
the said appearers and me, notary, after du
reading of the whole.
| (Original signed) W. c. Dwyer, hftee
shares Adolph Henriques, NJ: ID, hftee
shares JOS A. Wisong, one share. wi
nesses) John c. Baumann, Chas. A. ID
champ. EDoUARD +. HENRlonESs;
I. the undersigned recorder Of mortgage
| In and for the parish Of Orleans, state
louisiana do hereby certify that the aboy
and foregoing act Of Incorporation OF IN
Sonia Realty Company was this day dul
recorded in my Office, In book 1851, folio -
New Orleans, August oath, 1911.
(Signedl EMILE LEONARD, d. r.
/ hereby certify the above and foregoin
to be a true and correct copy OF original az
of Incorporation, together with certificate {
the recorder OF mortgages for the parish
Orleans, on file and of record In my n
EDoUARD F. HENRIoUEs.
(SeaD Notary Public
aug ri sep IA 81 % oct s 1911