The herald. [volume] (New Orleans, La.) 1905-1953, 1912-03-28
ROBERT LEGIER, Not. Pub.
CHARTER
OF METEOR REALTY COMPANY.
STATE OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.


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, a 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 above the full age of
majority and residents Of this city, who
declared that ayailing 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
themselves, as well as their associates and
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 I.
The name, style and title of this corpora
ton shall be METEOR REALTY COM
PANY." Its dOmicile shall be in the city
Of New Orleans, state Of Louisiana, and 1t
shall have and enjoy succession by its cor
porate name for a period OF ninety-nine
the event OF his absence, the secretary
treasurer Is hereby designated as the officer
upon whom citation, or legal process, shall
be served
This corporation shall have power and
authority to 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
hereby declared to be to purchase real es-
tate; TO hold, sell, mortgage and sub-diyide
the same; to rent and lease propertyt to
act as brokers for the purchase, sale, and
renting or real estate; TO erect, construct,
and improve buildings, to loan or borrow
money, issue notes, bonds and other obi
cations, and generally to do all things incl
dental to 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 ($3,20O.0O) dollars, divided
int INTO and represented by thirty-two (32l
lSlOO.OO) dollars, each, which shall be paid
for In cash at the time of subscription and
this corporation shall commence business
and be going concern at once.
ARTICLE ".
The corporate powers of this company,
and the full management of its affairs shall
be vested in, and exercised by a board of
directors, composed of four stockholders
two OF whom shall constitute quorum for
the transaction of all business
Elections for directors by the stockhold-
ers snail be held annually, on the first We'd
neSday In December, at the office of the com
pany, under the supervision Of two commits
sl0ners, TO be appointed by the president,
said elections to be held under such other
rules as may be provided by the board.
1AIl elections shall be by ballot, and a ma
1Srlty OF votes cast shall elect, and each
either In person or by proxy.
Each board shall, at its first meeting
AFTER It's election, elect cut of its number
treasurer, who shall hold office until their
successors are elected Any vacancy oc-
curing in said board shall be filled by the
remaining directors for the unexpired term.
The first board of directors shall consist
OF William J. Morgan, Cecil NJ. Terry
Inomas III. Underwood and William f. Ran
Jr,, with the said William J. Morgan as
pr pre- Th Cecil NJ Terry as vice-president,
ana Ihomas IL. Underwood as secretary.
treasurer, who shall hold Office until the
hrst Wednesday in December, 1913. or until
their successors are elected and qualified.
ARTICLE ".
This act Of incorporation NAV he changad
or amended, or this corporation dissolved
three-fourths of the stock OF the corpora,
ton, represented at a general meeting CON
vened Tor that purpose, after notice thereof
given as hereinafter set forth In the event
OF the liquidation or dissolution Of this cor
poratlon, the stockholders shall elect two
ilquidators from among their number at a
meeting convened for the purpose, after
forty, days written notice, sent to each
stockholder by mail to his last known adj
dress' said liquidators shall have authority
TO wind up the business and affairs of the
company. In case of the death of either
or said liquidators, the survivor shall an
po my, s.ocknolder as successor to him.
rms act shall also serve as the original
subscription list.
Thus done and passed in my nota rial Office
at the city Of New Orleans Aforesaid. in the
presence or William Waller Young. and
Thomas Joseph Dobbins, competent witness.
es or lawful age, and residing In this civ
VINO hereunto subscribe their names. TO.
gether with said parties and me- notary. on
the day and date set forth In the caption
hereof P'""
(Original signed) W. f. Ran. Jr. and
Others. W. W: Young, T. j. Dobbins.
JEFF. c. WENcK, Not. Pub.
I, the undersigned recorder Of MORTGAGES
Louisiana, do hereby certify that the above
and foregoing act Of Incorporation of sWe-
teor Realty Company" was this dav dniy
622 i0'i' iono
(SeaD (Signed) EMILE LEONARD. n n
A true copy of the original.
JEFF G. WENCK Not pub
lSeal) feb % 20 INCH IA p Is II
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