The herald. [volume] (New Orleans, La.) 1905-1953, 1912-07-18
CHARTER
OF VAUDEVILLE AND ABITA SPRINGS
LAND COMPANY.
STATE OF LOUISIANA, CITY OF NEy
ORLEANS

STATE OF LOUISIANA, CITY OF NEW
ORLEANS.
Be 1t known, that on this 4th day of
June, 1912, before me, Lawrence NJ. Janin,
notary public duly commissioned aud
qualified in and for Orleans parish, Louisi-
sons who sign this charter, as incorpora-
! tors, who severally declared, that availing
themselves Of the rights, powers and priv
ileges Of the laws Of Louisiana governing
corporations, and the creation Of corpora
tions, they do by these acts and these
presents, hereby form among themselves
and such others as may hereafter become
associated with them, a corporation for the
agreed and do hereby agree to the follow
ing stipulations to govern the same:
ARTICLE l..
The name and title of this corporation
shall be Vaudeville and Abita Springs Land
Company, and Its domicile Is hereby fixed
at New Orleans, La.
ARTICLE II.
The purposes and objects for which this
corporation Is formed are to conduct a real
estate business; to buy. and sell real es-
tate on commission or by direct purchase
and sale; to collect rents and act as agents
for owners of real estate; to plat town
sites and additions and to generally do all
incidental to or connected with the general
real estate business; to donate and dedl-
cate lots, streets, parks, or any real and
personal property In furtheranee OF the
tion of acts donating and defeating when
signed by the authorized officers OF the cor
poration shall be full evidence that same is
In accordance with the intention and pur-
pose of this charter.
ARTICLE III.
Said corporation shall enjoy succession
by its corporate name and shall enjoy all
powers authorized by law to corporations.
hereby fixed at fifty years from the date of
this act; 1t shall have power to sue and be
sued; to contract, to make and use cor
porate seal and the same to break or alter
chase and convey, as well as hypothecate
and mortgage property, both real and per-
sonal; to appoint such officers as the busi-
ness of the corporation may require; to
for the government Of said corporation as
may be necessary and the same to alter at
pleasure.
All citations and process Of court shall
be served on the president; in his absence
on the secretary, or In the absence of both
on the vice-president;
The capital stock Of this corporation
shall be fixed at the sum Of twenty-five
thousand dollars, divided into twenty five
hundred shares Of ten dollars each. Said
corporation shall be authorized to com:
dollars OF the capital stock has been sub
scribed in money or Its equivalent; the
residue Of the capital to be paid In at suc1
time. and In such manner, as the board of
directors may require.
ARTICLE VI.
No transfer of stock shall be binding on
the corporation unless made on the books
Of the same after the approval thereof by
the board Of directors
No stockholders shall be liable for the
debts Of this corporation beyond the unpaid
balance due on his stock, and the stock In
this corporation shall not be subject to as
sessment.
ARTICLE VII.
The affairs and business Of this corpora
ton shall be conducted under the manage
ment and control Of board Of directors, to
be composed Of three stockholders, two OF
whom shall constitute q quorum the board
Of directors shall elect president. vice
president, secretary and treasurer and such
other officers as may be necessary for tht
| transaction of its affairs; they shall alsr
| have power to all all vacancies occurring
by death, resignation or otherwise; the Of
| fees of secretary and treasurer may b
united and consolidated and held by TIT
The first board Of directors shall be com
posed of o. ]. Mazerat, Joseph Abrams
and Henry Wolfe. with o. J. Maserat n