The herald., 1911-11-16
CHARTER
OF CoRTABLAU REALTY COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.


LEANS, CITY OF NEW ORLEANS.
Be 1t 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, a notary public, In
and for the parish OF orleans, state Of Lou.
isiana, duly commissioned and qualified, and
in the presence of the witnesses hereinafter
named and undersigned, personally came ana
appeared the persons whose names are here
unto subscribed, all above the full age or
majority, and residents OF this city, VINO
severally declared, that availing themselves
OF the provisions or the laws or TINS state
relative TO the organization OF corporations,
they have formed and organized, and by
these presents, do form themselves into ana
constitute a corporation and body polite In
law, for the objects and purposes and under
the stipulations 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 CORTA-
BLAU REALTY COMPANY, the domicile
shall be in the city OF New Orleans, state OF
Louisiana, and 1t shall have and enjoy sue,
cession by its corporate name Tor 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
corporate seal.
All citations or 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.
The objects and purposes for which this
corporation Is organized and the nature OF
the business TO be carried on by IL, are
hereby declared to be: to purchase real es-
tate, bonds, stocks and marketable securities
for investment purposes TO hold, TO sell,
mortgage or pledge tle same, to rent and
lease property; TO 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 pur
poses.
The capital stock or this corporation is
hereby fixed at the sum OF five thousand
S5,O0O.OOD dollars, divided into and repre-
scented by tifty 900 shares, OF the par value
of one hundred $500. OOl dollars each, which
shall be paid for in cash at the time OF sub
scription.
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 OF three
| stockholders. two OF whom shall constitute
| a quorum for the transaction OF all busi-
ness. They shall be vested with full power
and authority to make all contracts, pur-
chases and safes, and adopt all bylaws, rules
and regulations for the government OF the
| business and affairs OF the company, and
| alter and amend the same, appoint hire and
discharge all representatives, agents and
| 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 num-
beT.
| The first board OF directors OF this cor
pOration shall consist OF Michel 7. Miller,
Emile VI. 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 7. Miller
| as president, Emile NJ. Deltry yice-president,
and Martin g. Gund 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 presi.
dent, and the directors and the officers and
directors elected shall Immediately take their
seats and hold Office until their successors
are duly elected and qualified Each board
| sist of a president, vice-president and secre-
tary and treasurer.
An corporate elections shall be by ballot,
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 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 gen,
eral meeting Of the stockholders convened
| Of such meeting shall have been given by
| publication in one Of the daily papers pub
| lished In this city, five times during said
reference to the capital stock shall require
forty days prior notice in writing, to each
| stakeholder.
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 meeting Of the
stockholders convened for that purpose, az
| ter thirty days prior written or printed no.
tice shall have been given by the secretary
| to each stakeholder, mailed to his or her
| last known residence or place of business.
Said commissioners shall remain until the
| affairs OF said corporation shall have been
| fully liquidated. In the event of death Of
either commissioner, the survivor shall con-
| tinue to act.
| ARTICLE VIII.
| No stakeholder Of the corporation shall
| ever be held liable or responsible for the
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 organiZa-
/ ton have the effect Of rendering this char
| ter null or Of exposing a stakeholder to any
liability beyond the amount of the 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.
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 Troyani, competent witnesses Of
lawful age, and residing In this city, who
hereunto subscribe their names, together
with said parties and me, notary, on the day
and date set forth in the caption hereof
| (Original signedD p. NJ. Miller, 20
shares; NJ. G. Gund. 20 shares; Emile NJ.
| Deltry, 10 shares. (Witnesses) Ant. Troy
ami, Jno. Legier, yr.
| T. 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 Cortableau Realty Company was this
New Orleans La, October It'll, 1911.
EMILE LEONARD, d. r.
true copy from the original act:
oct IL 10 20 nov 16 1911
| Cd q. E.. E~x;.S,,;.L>.