The herald. [volume] (New Orleans, La.) 1905-1953, 1912-10-03
CHARTER

OF EMMA REALTY COMPANY.
STATE OF LOUISIANA, PARISH OF OR
Fans.
Be il known that on this 18th day OF
September 1912, before me, Edward b.
Ellis a duly qualified notary public in and
for the state and parish aforesaid. and In
the presence Of the witnesses hereinafter
named and undersigned. personally came
and appeared the following persons whose
names are hereunto signed. who severally
declare that, availing themselves or the pro
visions of the general laws of Louisiana rel
alive to the organization of corporations
they have covenanted and agreed and do by
these presents covenant and agree, and bind
themselves, as well as such others as may
hereafter become associated with them, &c
form a corporation for the purposes and OBJ
jects and under the articles and conditions
following. the domicile of said corporation
TO be in the city of New Orleans, and cita
ton or other legal process to be served or
the president, or in his absence upon the
secretary.
The name shall be the Emma Realty Com
pany, and by this name 1t shall exist fol
ninety-nin years. 1t shall have power ant
authority to contract, sue and be sued; Il
make and use a corporate seal; to issue
bonds; to borrow and loan money secured
by mortgage or otherwise to have and EN-
.ploy such managers, directors, oncers
agents and other employees as the interest,
OF said company may require; to make an6
establish such bylaws, rules and regulation:
for the management and control OF the al
fairs of said corporation as may be neces
sary, and to have and possess all the powers
granted by the laws of Louisiana TO DO al
things necessary to carry out the objects
for which this corporation Is formed.
ARTICLE III.
The objects and purposes for which thh
corporation is formed and the business t.
be carried on by 1t are hereby declared .
be to deal in, acquire purchase, hold, lease
sell and mortgage real estate and all manne
of lands in Louisiana, or elsewhere 10 de
| yelop. improve as well as to sell, and mort
gage the same. or any portion thereof Z
! Mot out In subdivisions any and all land
| acquired by said company; to erect, Dullu
| repair remodel construct, and TO contrac
| for the building and erecting OF. dwellings
houses and buildings, roads, streets, side
walks and pavements and all structures o
any building material, and TO operate, leas
or mortgage the same and generally to d
| a real estate business in all Its details 10
ITSELF and as agents for others.
| ARTICLE III.
| The capital stock of this corporation sinai
he fifty thousand dollars, divided into nv
hundred shares of the par value of on
| begin business at once as going concern
| ffty-fve shares having been subscribed b.
the signers hereto. Any stakeholder mus
give this company ten days notice OF his In
| tention to sell his stock, the first privileg
| being given the other stockholders, or an
of them, to purchase within this time. y
stockholder shall ever be held liable for tn
contracts or faults thereof in any sum be
yond the unpaid balance due the company o.
| his shares of stock: nor shall any infoI
mality in organization have the effect o
rendering this charter null. or Of exposin
stakeholder to any liability beyond tn
unpaid balance, IL any, of his stock.
| ARTICLE w.
The corporate powers of this compan
shall be vested in and exercised by a boar
Of FIVE directors, a majority of whom shal
constitute a quorum to transact all business
They shall elect from their number a pres
\ dent, a vice-president. secretary and
| treasurer; provided the Offices Of secretar