The herald., 1912-02-22

STATE OF LOUISIANA, PARISH OF Or
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. notary public, in and for
the parish of Orleans, state of Louisiana.
duly commissioned and quaIifed, and in the
presence of the witnesses hereinafter named
and undersigned, personally came and ap-
peared the persons whose names are here
unto subscribed, all above the full age of
majority and residents of this city who
declared, that availing themselves of the
provisions of the constitution and laws of
this stat, relative 10 the formation of cor
poratlOns, they do 10y 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 stipuIa-
lions as hereinafter set forth. which they
hereby adopt as their charter, to-wit:
ARTICLE |.
The name. style and title of this corpora-
ton shall be METEOR REALTY COM
PANN.' Its dOmicile shall be in the city
OF New Orleans, state of Louisiana, and II
shall have and enjoy succession BY its cor
pOrate name for period of ninety nine
years from this date. The president or in
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 10 hold, receive, purchase. convey,
mortgage, hlre and lease property both real
ana personal. sue and he sued make and use
corporate seal. name and appoint such Off
GERS as ITS interest may require, and il shall
nave 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
the business to be carried on ,by n are
hereby declared to be: to purchase real es-
tate 10 hold, sell, mortgage and Sub-diyide
the same: to rent and lease property: 10
act as brokers for the purchase sale. and
renting of real estate; 10 erect, construct,
and improve buildings to loan or harrow
money, issue notes. bonds and other ohII
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 liked AT the sum of three tbousan nd
Two hundred (S3.20000D dollars divided
into and represented by thirty-two (32I
shares, OF the par value of one hundred
tSloO.OOD dollars, each, which shall be maid
Tor 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 comnanv
ana the full management of its affairs shall
De vested In, and exercised by a board of
directors, composed of four stockholders,
Two or whom shall constitute a quorum for
the transaction of all business
Injections for directors by the stockhoId-
ers shall be held annually. on the first Wed.
heSday IN December, at the Office of the com
pany, under the supervision of two commits
sl0herS, 10 be appointed by the president
SAID elections to be held under such other
rules as may be provided by the board
l. a h.A It.h hall
J0rity of votes cast shall elect, and each
share of stock shall be entitled to one vote.
eitner In person or by proxy.
Each board shall, at its first meeting
after Its election, elect out of its number q
president. vice-president. and a secretary
treasurer, who shall hold office until their
successors are elected Any vacancy roc-
curing in said board shall be filed by the
remaining directors for the unexpired term
me nrst board of directors shall consist
OF William J; Morgan, Cecil VI. Terry.
Inomas III. Underwood, and William E. Rau
Jr.. with the said William ]. Morgan as
president Cecil NJ Terry as vice-president
and Thomas H. Underwood as secretary,
treasurer. who shall hold Office until the
hfst Wednesday in December 1913. or until
their successors are elected and qualified
ARTICLE V.
This act of incorporation NAV be changed
or amended, or this corporate dissolved
with the assent of the stockholders owning
t.iet-lourlnS OF the STOCK OF the cOT1DOra-
ton. represented at general meeting con
vened FOR that purpose, after notice thereof
given as hereinafter set forth. In the event
OF the liquidation or dissolution of this cor
poration, the stockholders shall elect two
ilquldatorS 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 ad-
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 hquidatorS, the survivor shall an
point a stakeholder as successor to him.
Thls act shall also serve as the original
subscription list.
Thus done and passed in my nOtarial Office
at the city of New Orleans aforesaid In the
presence OF William Waller Young. and
Thomas Joseph Do5bins, competent witness
es OF lawful age, and residing In this CITY. |
who hereunto subscribe their names. 10. |
gether with said parties and me, notary, on |
I ne day and date set forth in the caption |
hereof
,tOriginal signed W. f. Rau. Jr.. and
others. W. W. Young. T. ]. Dobbins.
JEFF. c. WENcK, Not. Pub
/, the undersigned recorder of mortgages |
IN and for the parish of Orleans, state of 4
LOUISIANA. do hereby certify that the above |
ana foregoing act of Incorporation of ME
teor Realty Company was this day duly |
recorded In my Office, In book 1851, folio |
(SeaD (Signed) Emile Irox,pn n ID /
A true copy Of the original
JEFF. q. WENCK, Not Pub
EaN.