The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-13
CHARTER
OF VAUDEVILLE AND ABITA SPRINGS
LAND COMPANY.
STATE OF LOUISIANA, CITY OF NEW
ORLEANS.

STATE OF LOUISIANA, CITY OF NEW
| ORLEANS.
Be II known, that on this 4th day of
June, 1912, before me- Lawrence NJ. Janin
a notary public duly commissioned and
qualified In and for Orleans parish, Louisi
ana, personally came and appeared the per-
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
purposes hereinafter defined; and they have
agreed and do hereby agree to the follow
Ing stipulations . 20 gEyeEEn the same;
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 III.
The purposes and objects for which this
| corporation is formed are to conduct a real
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 dedi-
| cate lots, streets, parks or any real and
personal property In furtherance Of the
| business Of the corporation and the execu-
ton 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.
Said corporation shall enjoy succession
| by Its corporate name and shall enjoy all
powers authorized by law to corporations.
The term of its dura ton and existence is
| 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
at pleasure; to hold, receive lease, pur
chase and convey, as well as hypothecate
and mortgage property, both real and per-
sOnal; to appoint such officers as the bust
ness of the corporation may require; to
make such bylaws, rules and regulations
| 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.
ARTICLE v.
| 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
mence business as soon as three thousand
dollars Of the capital stock has been sub
scribed in money or its equivalent; the
residue of the capital to be paid in at such
time, and In such manner, as the board OF
directors may require.
| No transfer of stock shall be binding on
4 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.
The affairs and business of this corpora
| tion shall be conducted under the manage
| ment and control Of a board of directors, to
| be composed of three stockholders, two OF
/ whom shall constitute a quorum the board
| Of directors shall elect a president vice
president, secretary and treasurer and such
other officers as may be necessary for the
| have power to ill all vacancies occurring
| by death, resignation or otherwise; the Of
fees of secretary and treasurer may be
united and consolidated and held by the
1 same person.
| The first board Of directors shall be COM
posed of o. ]. Mazerat, Joseph Abrahams
| and Henry Wolfe, with o. j. Mazerat as
president, Joseph Abrahams vice-president
and Henry Wolfe as secretary and treas
urer.
| The first board Of directors shall hold
Office until the LIST day OF March, 1913, at
which time and annually thereafter new
| board of directors shall be elected by ma
jority Of the vote cast: each stakeholder
being entitled to cast, either In person or
by proxy, one vote for each share of stock
owned by him. said election to be given
notice of in any of the newspapers pub
lished at New Orleans. The failure OF
omission to hold the election or to elect
the officers of this corporation, In the
manner and at the time and at the places
specified shall in no manner suspend or ar
feet the business of this corporation, bu,
the corporate officers shall hold over unit
their places are filled by new election e
be provided for by the acting board of di
| rprf0rS
ARTICLE VIII.
In the event of the dissolution o.
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