The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-09
CHARTER
OF THE FINANCE AND REALTY COM
PANl OF LOUISIANA
UNITED STATES or AMERICA, STATE
OF LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW ORLEANS

UNITED STATES or AMERICA, STATE
OF LOUISIANA, PARISH or 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 hundcrd and twelve, before ne,
Ernest L. F!urance, a notary public in and
for the parish OF Orleans state Of LOuiSl-
ana, personally came and appeared the I'M
derSigEcd parties and declared that they had
hereby formed themselves into "A corporation
for the term OF ninety nine years from this
date. under the name Of THE FINANCE \
REALTY COMPANY OF LOT lSlA\A, the
domcc whereof shall De in the city of
New orleans in said state, and the purpose
whereof shall be To 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 by law 10 act as agent for
Insurance companies or for other CORPORA
tiOnS, or for individuals. and in all cases
where permitted 10y law, TO act as trustee or
receiver in bankruptcy, or as receiver or
liquidatOr 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
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
soon thereafter as possible, each share 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 he
composed Of Caller j. Capdevielle, 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 a 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 liquidatorS. The board OF directors
Will have the power to 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.
| tOriginal signed) Clemence Caller, Ma
| rion J. Capdevelle, q. J. Capdevielle. wit
nesSes) L. Ennemoser. l.. o. Shackelford.
ERNEST l.. 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 7T5.
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 my office.
| ERNEST Il. FLoRANCE, Not Pub
apl % may . 9 16 % 80 1912