The herald., 1912-05-23
CHARTER
OF THE FINANCE AND REALTY COM
PANY OF LOUISIANA.
UNITED STATES OF AMERICA. STATE
or LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW ORLEANS

UNITED STATES OF AMERICA, STATE
or LOUISIANA, PARISH OF OR
LEANS, CITY Oh NEW ORLEANS.
On this twenty-thrd day Of the month OF
March, in the year OF our Lord one thou
SAND nine HUNDRED and twelve, before me,
Ernest L. florance, notary public in and
Tor The parish OF Orleans, state of IOuiSi-
ana, personally came and appeared the I'M
derSlSned parties and declared that thev had
hereby formed themselves into a corporation
Tor the term or ninety nine years from this
date under the name Of THE FINANCE X
REALTY COMPANY OF LOUISIANA. the
domicile whereof SHAH be in the city of
New Orleans in said state, and the puTpOSe
whereof shall be 10 finance deals in real
estate, stocks, bonds and other securities
10 borrow and lend money to buy and sell
property, real and personal; in all cases
where authorized by 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
lquldator OF corporations; TO act as a de.
poSltory and 10 guarantee the value of pro
pertleS and accounts.
No stockholders shall ever be held liable
Tor any or the debts or obligations of said
company, except TO the amount that NAV 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 snail be five hundred thousand dol
lars, divided into shares of ten dollars
l$lOOO) each, payable in cash or its equiv
alent, and the corporation shall begin bust
ness as soon as three thousand dollars of
IMe capital stock shall have been subscribed.
Inc 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
aLler 10 be elected annually, by ballot on
the first day Of July of each wear. 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 Inv
proxy. The first board of directors will be
composed or Caller j. Capdevielle presi-
dent and general manager; Marion j. Candle
yleile, vice-president and Clemence Caller
secretary and treasurer; and succeeding
boards shall elect officers from among their
number. This charter may be amended or
TINS corporation dissolved by a three-f ourths
vote or the stockholders represented at a
meeting, held after ten days notice in writ.
ing, mailed to the stockholders, and in case
or dissolution the board Of directors shall
act as Hquidators. The board OF directors
VIII nave the power to adopt bylaws for
the general management of the affairs of
their pleasure
Thus done and passed at nv 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. ]. Capdevielle (Wit.
nesses) L. Ennemoser, L. o. Shackelford
ERNEST I. 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
ana foregoing act Of Incorporation of The
FINANCE x Realty Company of Louisiana was
this day duly recorded in nv office in hook
| 1851, folio 775.
New Orleans. March 2sth, 1912.
(Signed) EMILE LEONARD, by. r.
| L nernbV certify nd fNra
going Is true and correct copy of the
original thereof on file in my office
| ERNEST I. FLoRANCE, Not. Pub
apl % may 16 % 80 1912