The herald., 1912-03-21

OF METEOR REALTY COMPANY.
STATE OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
Be it known, that on this twelfth day of
February, in the year one thousand nine
hundred and twelve, before me, jefferson
Charles Wenck, notary public, in and for
the parish of Orleans, state OF Louisiana,
duly commissioned and qualified and in the
presence of the witnesses hereinafter named
and undersigned, personally came and APP
peared the persons whose names are here
unto subscribed, all abeye the full age of
majority and residents OF this city, who
declared that availing themselves of the
provisions of the constitution and laws of
this state, relative to the formation of cor
porations, they do by these presents form
successors, into and constitute a corpora
ton, body and polite in law, for the pur-
poses and objects and under the stipula-
tions as hereinafter set forth, which they
hereby adopt as their charter, to-wit:
ARTICLE |.
The name, style and title Of this CORPORA
ton shall be "METEOR REALTY COM
PANY." Its domicile shall be in the city
or New Orleans, state of Louisiana, and il
shall have and enjoy succession by its cor
porate name for period of ninety-nine
years from this date. The president or in
the event OF hi. absence, the secretary
treasurer is hereby designated as the officer
be served.
This corporation shall have power and
authority 10 hold, receive, purchase, convey.
mortgage, hire and lease property both real
and personal, sue and be sued, make and use
corporate seal, name and appoint such Off
GERS as its interest may require, and 1t shall
have all the rights, powers, advantages and
immunities, granted by law to corporations.
ARTICLE II.
The objects and purposes for which this
corporation Is organized, and the nature OF
tne business to be carried on by IL, are
hereby declared to be to purchase real es-
tate; TO hold, sell, mortgage and sub-diyide
the same; to rent and lease property; to
act as brokers for the purchase, sale. and
renting of real estate; TO erect. Construct
and improve buildings, to loan or borrow
money, issue notes, bonds and other obli-
gatlons, and generally to do all things incl
aentaI 10 the carrying out Of said objects
and purposes.
ARTICLE III.
The capital stock Of this corporation is
hereby fixed at the sum Of three thousand
two hundred (S3,200.0O) dollars, divided
shares, of the par value Of one hundred
(SlOOOO) dollars, EACH which shall be maid
Tor In cash at the time of subscription and
TINS corporation shall commence business
and be going concern at once
ARTICLE ".
. n, me th0 corporate , powers Of this company.
ana the null management Of its affairs shs II
pe vested In, and exercised by a board -
directors, composed Of four stockholde y.
Two or whom shall constitute a quorum for
the transaction of all business
Elections for directors by the stockbold
ers snail be held annually, on the first Wed
nesday In December, at the Office of the com
pany, under the supervision Of two commits
said elections to be held under such other
rules as may be provided by the board.
All elections shall be by ballot and a ma
S Spa.y OF votes cast shall elect, and each
either In person or by proxy.
Each board shall, at its first meeting
after Its election, elect out of its number =
treasarer' vSeePresident and secretary
successors are elected. ANY vacancy oc
curing In said board shall be filled by the
remaining directors for the uneIpired term.
OF William J. Morgan, Cecil M. Terry
Thomas ID. Underwood, and William E. Rau'
Jr., with the said William ]. MORGAN as
pnd Th6 Cecil NJ Terry as vce-president,
treasurer, who shall hold office until the
nrst Wednesday in December, 1913. or until
tneir successors are elected and qualified.
ARTICLE v.
'This act OF Incorporation NAV be CHANGED
or amended, or this corporation dissoivaj
Win the assent of the stockholders owning
tnree-fourths OF the stock of the cornora
tlon, represented at general meeting con
vened Tor that purpose, after notice thereof
gwen as hereinafter set forth. In the event
OF the liquidation or dissolution OF this cor.
poration, the stockholders shall elect two
iIquidators from among their number et a
smeeting convened for the purpose, after
stakeholder by mail TO his last known al
dress; said liquidators shall have authorize
10 Wlnd up the business and affairs OF the
company In case of the death OF either
VI SAID lquldators, the survivor snail an
pomt a stockholder as successor to him
This act shall also serve as the orig;na,
list. e-A"i
Ihus done and passed in my notarial Office
at the city or New Orleans aforesaid. in fhe
presence OF William Waller Young and
honias Joseph Dobbins, competent witness
es or lawful age, and residing In this citv
who hereunto subscribe their names. To,
gether with said parties and me, notary. on
hereof " INC eapoon
tOriginal signed: W. f. Rau, sJr.. and
otners' W. W. Young, 7. ]. Dohbins
JEFF. c. WENcK, Not. Pub.
i, the undersigned recorder of MORTGAGES
IN and FOR the parish of Orleans, state OF
Louisiana. do hereby certify that the above
sd foregoing act OF Incorporation of "Me-
accorded In my Office, in book 1851. folio
tSeaD tSigned) EMILE LpoSARp. n r
A true copy. Of the original
JEFF. c. WENcK, Not. Pub.
tSeaD feb % 20 inch Z Il Fl Is 'i2