The herald., 1911-09-07
CONVENTIONAL MORTGAGE.
CHARTER
OF "SONIA REALTY COMPANY"
UNITED STATE OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.

OF LOUISIANA, PARISH VI YIN
LEANS, CITY OF NEW ORLEANS.
Be It known, that on this seventeenth
day OF the month OF August, in the year OF
our Lord one thousand nine hundred and
eleven. before me- Edouard f. Henriques,
notary public, duly commissioned ana quail
fed, In and for the parish OF Orleans, state
of Louisiana, therein residing, ana IN the
presence of the witnesses hereinafter named
and undersigned, personally came ana APP
peared the several persons whose names are
hereunto subscribed who severally declared
that, awaiting themselves OF tae prosi lows nS
of the statutes and laws OF the stale OF
Louisiana relative to the formation OF cor.
porations, and particularly OF Act No % or
the Session of the General Assembly OF the
state OF Louisiana, Cor the year 1904, they
have cOyenanted and agreed, and do by these
presents covenant and agree and bind ana
obligate themselves, as well as all such per
sons as may hereafter become assoclateu
with them, to form and constitute body
corporate and polite in law, for the OBJECTS
and purposes and under the stipulations FOL
lowing, to-wit:
ARTICLE l.
The name and title Of this corporation
shall be the ''S0NIA REALTY COMPANY,
and under that name shall have and enjoy
all the rights, advantages and privileges
granted by law to corporations, ana the
power and authority to enjoy succession ana
have corporate existence for and during the
period of ninety nine 800 years, from the
day and date hereof. unless sooner dissolved
in the manner hereinafter provided.
IL shall have power and authority TO con-
tract, to sue and be sued; to make and use
a corporate seal, and the same to break,
alter or amend at pleasure; TO hold, re-
ceive, purchase, convey, deliver, mortgage;
hypothecate and pledge property both real
and personal; to issue notes and other obi
cations negotiable instruments, or evidence
of debt to have and employ such managers,
agents directors, officers and employees as
the interests of the said corporation may
require; and to make, and establish as well
as to alter and amend from time to time
such bylaws, rules and regulations, Tor the
corporate management and control or the
affairs of the corporation, as may be deem
ed necessary and proper.
ARTICLE II.
The domicile Of this corporation shall be
In the city Of New Orleans, state Of Louisi-
ana, and all citations and other legal pro
cesses shall be served upon the president,
and In the absence OF the president, upon
the vlce-president, and in the absence OF
both of these, upon the secretary Of this
corporation.
The objects and purposes for which this
corporation is organized and the nature OF
the business to be carried on by II are mere
by declared to be:
To buy, sell, exchange, lease and gener-
ally to deal In real estate, improved and I'M
improved to build, construct, operate, main
tain, lease and sell dwelling and apartment
houses and stores Of all kinds and descrip-
lions. To maintain general real estate
agency and brokers' business, including the
right to manage estates, to act as agent
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'
real or personal, and take mortgages and
assignments of mortgages upon the same.
ARTICLE Nv.
The capital stock of this corporation is
hereby fixed at the sum OF one hundred
divided into and represented by one thou
sand shares Of the par value of one hundred
dollars (s10000) 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 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 going con-
Germ as soon as three thousand dollars ($3,-
0O0.00l 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, 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 Herriques, NJ.
D., and Joseph A. wisong. Each board
shall elect its own officers. which shall con-
sist Of president, vice-president and q
secretary-treasurer.
The oficers OF the first board of directors
shall be: Walter G. Dwyer, president
Adolph iienriques. NJ. D.. vice.-president, and
Joseph A. Wisong, 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
nually 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
hed 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 ut the Office of the corporation, IN
der the supervision of three commissioners
TO be appointed by the board of directors
each stakeholder shall be entitled to one
vote for each share OF stock owned by him,
20 be cast in person or by proxy; and ma
jority OF votes cast shall elect. Any va
cancy occurring In the board Of directors
shall be filled by the remaining directors
for the unexpired term.
The board Of directors may, from It's
members, appoint such committees as II
may deem proper for the management of
the affairs and business Of the corporation