The herald. [volume] (New Orleans, La.) 1905-1953, 1912-04-25
CHARTER
OF THE FINANCE AND REALTY COM
PANY OF LOUISIANA.

United STATES OF AMERICA, STATE
or LOUISIANA, IARISH OF Or
LEANS, CITY OF NEW ORLEANS.
on this twenty-third day of the month OF
March in the year of our Lord one thOu-
sand nine hundred and twelve, before me,
Ernest 4. FlOrance, notary PUBIC III anu
for the parish of Orleans, state OF LOUISE
ana personally came and appeared the uh-
dersignpd parties and declared that they had
hereby formed themselves into corporation
for the term of nnety-nine years from TINS
date under the name of THE FlNANCE X
REALTY COMPANY III LOUISIANA, the
domicile whereof shall be in the city OF
| New Orleans in said state, and the purpose
whereof shall be u finance deals IN rear
estate stocks. bonds and other securities
| to borrow and lend money; TO buy ana sell
property real and personal; IN all cases
where authorized by law TO act as agent Tor
insurance companies, or for other corpora
| tons or for individuals, and in all cases
| where permitted by law, to act rs trustee or
receiver in bankruptcy, or as receiver or
| lquidatOr of corporations; TO act as de-
pOSitOry and to guarantee the value OF pro
pertics and accounts.
No stockholders shall ever be held liable
| for any of the debts or obligations of said
| cOmpany, except TO the amount that may be
| due by such stakeholder for the unpaid bal
ance of his subscription TO the stock OF said
company.
Citation and other process shall be served
upon the president, and in his absence from
| the city upon the secretary. The capital
| stock Shall be five hundred thousand dol
| lars. divided into shares Of ten dollars
| tSlO.OOl each payable in cash or its equiv
alent. and the corporation shall begin bust
| ness as soon as three thousand dollars or
| tie capital stock shall have been subscribed
| The affairs Of the corporation shall be man
| aged by the board of directors composed OF
| three stockholders, the first board or dlrec-
| tors to hold Office for five years, and there
| after 10 be elected annually, by ballot, on
| the first day of July of each year, or as
| thereafter
| stock shall have one vote in all StOckhOld-
ers meetings 10 he cast in person or by
proxy. The first board of directors Will be
| composed of Caller j. tapdeyielle, preSl-
| dent and general manager Marion j. Capde-
viele. vice-president and Clemence Caller,
| secretary and treasurer; and succeeding
| boards shall elect officers from among their
number. This charter may be- amended or
| this corporation dissolved by three-fOurths
| vote OF the stockholders represented at a
meeting. held after ten days notice In writ
| ing. mailed to the stockholders, and in case
OF dissolution the board Of directors shall
act as liqudatOrs. The board Of directors
will have the power 10 adopt bylaws for
| the general management of the affairs OF
the corporation, and can amend same at
their pleasure.
| Thus done and passed at my Office on said
date in the presence of competent witnesses:
who sign hereto with said appearers and
me- notary. after the reading Of the whole.
(Original Sgnedb Clemence Caller. Ma
rlOn ]. Capdevielle G.. J. Capdevielle. wit
neSSrSl l.. EnnemOSer, l.. q. ShackelfOrd.
ERNEST L. FLoRANCE.
Not. Pub.
l. the undersigned. recorder Of mortgage,
in and for the parish of orleans, state of
| louisiana do hereby certify that the above
and foregoing act Of Incorporation OF The
Finance X Realty Company of Louisiana was
this day duly recorded in my office in book
| 1851. folio 115.
New Orleans. March 2Sth. 1912
(SignedI EMILE LEONARD, by. r.
| hereby certify that the above and fore
going is true and correct copy or the
original thereof on file in my office.
ERNEST 4. FLORANCE. Not. PUB.
apl - may . 10 % 80 1912