The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-16
CHARTER
OF TIE FINANCE AND REALTY COM
lANI OF LOUISIANA

UNITED STATES OF AMERICA. STATE
or LOUISIANA PARISH 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 hunderd and twelve before me,
Ernest i. FlOranCe, a notary public in and
for the parish of Orleans, state of IOuisi-
ana, personally came and appeared the IN
derSigncd parties and declared that they had
hereby formed themselves into Il corporation
for the term OF ninety-nine years from this
date, under the name Of THE FINANCE X
REALTY COMPANY OF LOUISIANA, the
dOmicilc whereof shall be in the city Of
New Orleans in said state, and the purpose
whereof shall be 10 finance deals in real
estate, stocks, bonds and other securities :;
To borrow and lend money 10 buy and sell
property, real and personal: in all cases
where authorized 10y law TO act as agent for
Insurance companies, or for other corpora
lions, or for individuals, and in all cases
where permitted by law, TO act as trustee or
receiver in bankruptcy, or as receiver or
llquldator OF corporations; 10 act as de-
pOSitOry and to guarantee the value of pro
pertieS and accounts.
No stockholders shall ever be held liable
for any of the debts or obligations of said
company, except TO the amount that NAV be
due 10y 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
$4,000 each, payable in cash or its equiv
alent, and the corporation shall begin bust
ness as soon as three thousand dollars OF
the 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 OF direc-
tors to hold office for five years. and there
after to be elected annually, by ballot, on
the first day of July of each year, or as
ThpTRlffpF : Sha Of
stock shall have one vote in all stOckhold-
ers meetings TO be cast in person or by
proxy. The first board of directors will be
composed Of Caller j. Capdeyiele presi-
dent and general manager; Marion j. Capde-
yielle, yice-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 10 the stockholders, and in case
OF dissolution the board Of directors shall
act as liquidatOrs. The board of directors
VIII have the power to adopt bylaws for
the general management Of the affairs of
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 signed) Clemence Caller, Ma
rion J. Capdevielle, G. J. Capdeviele. wit
neSseS) L. EnneinoSer, l.. D. Shackelford.
ERNEST I. FLORANCE,
Not. Pub.
], 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 & Realty Company OF Louisiana was
this day duly recorded in my Office in book
1851, folio 715.
New Orleans, March 2Sth. 1912.
tSigned) EMILE LEONARD, by. r.
hereby certify that the above and fore
going is true and correct copy OF the
original thereof on file in nv office
ERNEST I. FLoRANCE, Not. Pub.
apl % may 16 % 80 1912