The herald., 1912-10-31
CHARTER

OF FELIX REALTY COMPANY.
UNITED STATES Or AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be 1t known. that on this twenty third
day of the month of October. in the year
nineteen hundred and twelve, before me,
Charles ROsen. notary public, in and for
the above parish and state, personally came
and appeared the persons hereinafter sub
scribed. who declared that, availing them
selves of the laws of this state, relative to
the organization of corporations, in such
cases made and provided, they constitute
themselves, their associates, successors and
assigns a corporation under the stipulations
herein set forth, which they adopt their
charter, to-wit:
The name and title Of this corporation
shall be Felix Realty Company. 1t shall
enjoy succession for ninety-nine years from
this date, and shall have for the purposes Of
the business to be carried on by II all the
powers conferred by law upon corporations
and shall generally exercise all the powers
necessary to carry on said business.
ARTICLE III.
The dOmicile of this corporation shall be
in the city of New Orleans, state of Lou
isiana. and all citation and other legal pro-
cess shall be served on the president, and
In case of his absence or disability, upon
the secretary-treasurer.
ARTICLE III.
The objects and purposes for which this
corporation is organized, and the nature Of
by declared to be, to buy and sell and to ac-
quire, possess and hold, by whatsoever title,
real estate in this state and elsewhere,
whether by purchase, lease, donation, ex-
change or otherwise; to improve same by
the erection of buildings and other improve
ments thereon or otherwise; and generally
to deal in real estate In this state and else
where; and TO do all things incidental to
or connected with said business.
ARTICLE Nv.
The capital stock Of this corporation is
hereby fixed at the sum of thirty thousand
dollars, divided into and represented by
three hundred shares of the par value of
one hundred dollars per share. This com.
pany shall have the right to commence bus
mess and be going concern when three
thousand dollars OF the capital stock shall
have been subscribed for. All stock sub
scribed for shall be paid for in cash or
property received or labor done at such
time and upon such terms and conditions
as the board Of directors shall prescribe.
a ARTICLE V.
All the powers of this corporation shall
be vested In and the business and affairs
shall be managed by a board of directors con-
slsting of three directors, who shall be
elected annually at a meeting of the stock
holders on the first Monday of November
OF each year, except the first board Of drec-
tors named in this charter, who shall hold
office until the first annual meeting which
shall take place on the first Monday of No
vember, 1913.
All elections shall be held by ballot at
vision of two commissioners to be appoint
ed by the board of directors. Notice of such
meeting shall be given by the secretary
treasurer In writing, delivered to each stock
holder In person, or mailed to his last known
| address at least ten days prior to such cleo
ton, or by one publication In a daily news
paper OF this city at least ten days prior to
such election but this notice may be waived
by all the stockholders.
AT all such elections and at all meetings
| OF the stockholders, every stakeholder shall
| be entitled to one vote for each share of
| stock standing in his name on the books of
| the company at the date of said election or
meeting; said votes TO be cast In person
| or by written proxy, and a majority of the
votes cast shall elect.
The failure to elect directors at the an
nual meeting shall not dissolve or affect the
corporation. nor impair its management in
| any respect: but the directors in office shall
| remain in office until their successors are
| elected and qualified.
The board of directors shall elect as soon
as possible after their own election and
| from among their own number president.
a vice-president, and a secretary treasurer
and may grant TO each officer such powers as
| they deem proper.
All vacancies in the board for whatever
| cause shall be filled by the remaining direc-
| tors. Any member of the board may ap-
point any other stakeholder his proxy to at
tend any meeting and act in HIS place and
stead.
ARTICLE VI.
Whenever this corporation shall be dis
solved, either from limitation or otherwise.
its affairs shall be liquidated by two com
missioners to be appointed from amongst
the stockholders at a general meeting of
the stockholders convened for that purpose.
of which meeting notice shall be given IN
the time and manner provided for stock
holders meeting in Article VII of this
charter, and a majority in amount Of the
capital stock represented at such meeting
shall be requisite to elect. Said commits.
sioners shall remain in Office until the af-
fairs of the corporation shall be fully liqui-
dated. In case of the death, resignation.
or inability to act of either of said COM
missioners, the vacancy shall be filled by
the stockholders after similar notice. I'M
til which time the survivor shall continue to
act. The said notice of meeting may be
waived by unanimous consent Of the stock
holders.