The herald., 1911-10-19


these presents, do form themselves into and
CONSTITUTE" corporation and body polite in
law, for the objects and purposes and under
the Stipu!atlonS and agreements hereinafter
set forth and expressed, which they hereby
adopt as their charter, towit:
ARTICLE |.
The name and title of the corporation
hereby formed in declared TO be RAVENS
WOOD REALTY COMPANY tho domIcila
shall be in the city OF New Orleans, state OF
Loui Siana, and it shall have and enjoy sue
cesSiOn by It's corporate name for a period
OF ninety nine years from and after the date
hereof
This corporation shall have power and
authority TO contract, sue and be sued In
It's corporate name; and TO make and use a
corporate seal.
All citations and other legal process shall
be served upon its president, in case OF his
absence or inability TO act from any cause,
the same shall be served upon the secretary
treasurer
ARTICLE II.
The objects and purposes for which this
corporation is organized and the nature of
the business to be carried on by IT, are
hereby declared to be TO purchase real es-
tate, bonds, stocks and marketable securi-
ties for investment purposes, TO hold, SELL
mortgage or pledge the same, to rent and
lease property 10 erect, construct, and i'm
prove buildings; to loan or borrow money.
Issue notes, bonds and other obligations, and
generally To do all things incidental to the
carrying out Of said objects and purposes.
ARTICLE III.
The capital stock OF this corporation Is
| hereby fixed at the sum OF five thousand
| $5.0U0.0OD dollars, divided into and repre-
scented by fifty (5OJ shares. OF the par value
| of one hundred (S1OO.OO) dollars each,
which shall be paid for in cash at the time
/ OF subscription.
| This corporation shall commence business
and be going concern AZ once.
ARTICLE ".
| All the corporate powers OF this corpora.
| lion shall be vested in and exercised by a
board or directors, 10 be composed of three
| stockholders, two of whom shall constitute a
quorum Tor the transaction OF all business
| They shall be vested with full power and
authority to make all contracts purchases
and sales, and adopt all bylaws, rules and
| regulations for the government of the husi-
| ness and affairs o! the company and alter
and amend the same; appoint, hire and dis
charge all representatives. agents, and en-
plOyces 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 num-
Der.
ARTICLE V.
The first board of directors of this cor
poration shall consist of Harold A Gleason.
Joseph j. Ritayik and Samuel l.. Jacobs
who shall hold office until the 18th day OF
October, 1912, or until their successors are
duly elected and qualified; with Harold A.
Gleason as president, Jos. J. Ritayik vice
president, and ). l.. Jacobs secretary and
treasurer.
on the second Tuesday Of October. and
annually thereafter, an election of the d.
rectors shall be held at the office OF the
company, under the supervision of two COM
missioners, TO be appointed by the presl-
dent, and the directors and the officers and
directors elected shall Immediately take
| their seats and hold office until their sue.
cessors are duly elected and qualified Each
| board shall elect its own officers which shall
consist OF president, vice-president, and
| secretary and treasurer
All corporate elections shall be by ballot,
and majority OF the votes cast shall elect,
and each share of stock shall be entitled to
one vote, either in person or by proxy.
| Written notice of all elections shall be
given to the stockholders by the secretary
at 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
general meeting OF the stockholders con-
| vened for that purpose, after thirty days
| notice OF such meeting shall have been
given by publication In one OF the daily pa
Pers published 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 stakeholder.
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 at n meeting OF the
stockholders convened for that purpose, az
| ter thirty days prior written or printed
notice shall have been given by the secre-
tary to each stakeholder, mailed to his or
her last known residence or place OF bust
ness. Said commissioners shall remain in
| Office until the affairs OF said corporation
shall have been fully liquidated; In the
| event Of death OF either commissioner, the
survivor shall continue to act.
| ARTICLE VIII.
| ever be held liable or responsible for the
contracts or faults thereof, in any further
| sum than the unpaid balance due to the cor
PSration on the shares owned by him. nor
| have the effect OF rendering this charter null
or Of exposing stakeholder to any liability
beyond the amount Of his stock
| The subscribers hereto have each written
opposite their names, the number Of shares
| subscribed for by them, so that this act may
also serve as the original subscription list.
fee, at the city OF New Orleans, aforesaid,
| In the presence Of John Legier, Jr, and An
thony Troyani competent witnesses OF law
full age, and residing In this city, who here
unto subscribe their names, together with
said parties and me, notary, on the day and
date set forth in the caption hereof
| (Original signed) II. A. Gleason, 20
shares: s. L. Jacobs, 20 shares; Jos. J.
Ritayik, 10 shares. (Witnesses) Ant.
Troyani, Jno. Legier, Jr.
| It. A. BECK, Not. Pub.
| /, the undersigned recorder OF mortgages,
in and for the parish Of Orleans and state
OF Louisiana, do hereby certify that the
above and foregoing act Of Incorporation Of
the Ravenswood Realty Company was this
day duly recorded in my office. In book -,
folio -.
New Orleans. La. October 7th, 1911.
EMILE LEONARD, d. r.
(SeaD T. A. BECK Not. Pub.
/ oct IL 10 20 nov 2 Is 1911