The herald. [volume] (New Orleans, La.) 1905-1953, 1912-01-04
CHARTER
OF GAMMA REALTY COMPANY.


STATE OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS.
Re IL known, that on this twenty-third
day of November, in the year one thous a
nine hundred and eleven, before me, Jener,
son Charles Wenck, notary puDhc, III anu
for the parish of Orleans, state OF boulsi,,
ana, duly commissioned ana qualueu, anu
in the presence of the witnesses herelnaIteI
named and undersigned, personally came anu
appeared the persons whose names are heIe
unto subscribed, all above the tull age ol
majority and residents Of this city, VINO ue-
clared, that availing themselves OF the pro
visions of the constitution and laws Oh tnis
state relative to the formation OF corpora
lions, they do by these presents form thein-
selves. as we'll as their associates and sue
cessors into and constitute a corporation
body and polite in law. for the purposes
and objects and under the stlpulatlons US
hereinafter set forth. which they hereby
adopt rs their charter, to-wit:
ARTICLE I.
The name, style and title of this corpoo-
ration shall be GAMMA REALl1 NoM
PANY." Its domicile shall be IN the SitE
of New Orleans, state of LOUISIANA, anu II
shall have and enjoy succession by us COT
porate name for period OF nlnet! nlH H
years from this date. The president, OF III III
the event of his absence, the secretary
treasurer is hereby designated as the olnceT
upon whom citation, or legal process Shall
be served. -. ,.,. and
authority to hold, receive, purchase, convey,
| MORTGAGE. hire and lease property botn reai
and personal; sue and be sued, MAXI an
use corporate seal, name anu aRpo ana If
officers as its interest may require ana II
| shall have all the rights, powers, auNant-
| ages and immunities. granted by Ia" u
| corporations.
ARTICLE IL.
The objects and purposes for when TINS
| cornora tion IS organized, ana the mature VI
| the business to be carried on by II, are mere
Inv declared to be: To purchase real estate ,
TO hold, sell, mortgage and suo-dVlue Ine
same 10 rent and lease property 10 Sct as
lbrokprS for the purchase, sale, ana renlihs
of real estate; TO erect, construct, anu III
prove buildings; to loan or borrow money
Issue rotes, bonds and other obligations, anC
reneraIIy TO do all things incidental to the
CARRYING out Of said objects and purposes
ARTICLE III.
The capital stock of this corporation i
Z hereby fixed at the sum OF hve thousanu "A, Nv
hundred (s5,50O.OOl dollars; Hl' sbsres , o
the mar value OF one hundred (SlOOoo
dollars each, which shall be PAID lor y
cash at the time of subscription anu S III !.
? corporation shall commence business anu
going concern at once
! ARTICLE ".
The corporate powers of this company an
= the full management OF It's analfs, sua =
"a no vested in, and exercised Dy DaI9 y
directors. composed o Oh inre quorum fo
:, the transaction of all business; ,,,.
Il Elections for directors by the stocknolt
a ers shall be held annually, on tne nrso "" tb
n nesday in December, at the once 20. oi oo ~
- comnany under the supervision OF Two con
e missioners. to be appointed by the pres
a dent said elections to be heid u1u1 FL SUI ~
s. other rules as may be pro'iueu W -
u 'o1 All elections shall be by ballot, and
- majority of votes cast shall elect, ana cay cay
n share of stock shall be entitled 10 one WV
a either in person or by proxy. .. =
"a Each hoard SHALL at its first meeting a
~ ter IFS election, elect out OF Its NUMBER,
e, president, vice-presldent; an si a untii the
y. y. successors are elected Any vacancy occu
. Inc in said board shall be filled by tne
re naming directors for the uneApi sSau consi
90 of Thomas III. Underwood, George A: Ihoi
an "a and william Waller Young, with t4e mesa sd
"a Thomas III. Underwood as president GeUr =
IN A. Thomas as vicerpresident ana willie, ,,,
IN ~ Waller Young as secretary treasurer, WI
as shall hold Office until the nrst WEDNESDAY
a. december. 1918, or until their successo
a are elected and qualihed.
'e' ARTICLE V.
Gu This act of Incorporation may be S SIssiy
III.
with the assent of the stockholders OWN
ree-fourths of the stock OF tne corpol
mr. tion represented at a general meeting CO
II nnoa Cor that purpose, after notice there
Us oiven as hereinafter set forth. In the eve
az Of the Iiouidation or dissolution OF THIS .
aiI nora ton the stockholders snail eject
10 fiouidators from among their numDer a.
20. meeting convened for the purpose, aile.
ry- DAYS written notice, sent 10 eacn s S
Iex holder by mail to his last known aaar Re;
eI said Iiouidators shall have authority 10 WI
al nn the business and affairs of the compai
,rs In case of the death Of either OF salu Iq
M dators the survivor shall appoint sto
Of holder as successor to him.
,re This act shall also serve as the Origin
TO subscription list. o..r,oI
or Thus done and passed In my notarlaI
tod fice at the city of New orleans aIoresa
he In the presence OF Malcolm D. .
sc. lawful age, and residing In this city,
- | harennto subscribe their names, togeu
q with said parties and me, notary, on
lew day and date set forth In the capt.
h Iscl fOrig.nal signed) Names of subseri9t
sch (Witnesses) Malcolm j. Taylor, L. ). IL
BY bins. - ,,,-,,,v Not pub
pom JEFF =.
hr the undersigned recorder Of mortga
In and for the parish of Orleans, state
u T louisiana. do hereby certify that the 40
ono and foregoing act of incorporation OF
90 .Camma Realty Company, was TINS
duly recorded In my office, In book 1.
dav New orleans, November "a, 1911.
,nia fsean (Signed) EMILE LEoNARr
and 49,. o-,o,r.,
a