The herald. [volume] (New Orleans, La.) 1905-1953, 1912-04-04

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
BE IT KNOWN, That on this twenty
third day Of the month Of February A d.
1912. and OF the Independence of the United
States of America, the one hundred and
thirty sixth, before me. ALPIIONSE JOS
EPH tUNEO, notary public, in and for
the Parish of Orleans, State of Louisiana
duly commissioned and qualified. and in the
presence of the witnesses hereinafter named
and undersigned, personally came and ap-
peared, the persons whose names are here
unto subscribed who severally decla red,
that, they have covenanted and agreed to
form :. body corporate in law for the OBJ
JectS following, tO-wit: The name of the
corporation shall be the Marco Realty
Company, Limited" IL shall exist for nine
ty-nine (99D years with its domicile in the
city of New Orleans. State of Louisiana.
All legal process shall be served on its
president; in his absence on its vice-presi-
dent. Its object shall be 10 buy and sell
real estate, build thereon for itself or others
upon contract, and represent Others as
agent or broker in every character OF real
estate transactions 1t shall have power TO
sue and be sued, buy, sell and receive.
mortgage, pledge, lease and suitcase real
and personal property, borrow and lend
money; contract, make and use a corpora te
seal; appoint managers and agents; make
bylaws and regulations, and possess all the
rights, powers and privileges to which such
corporations are entitled by the laws of
this state The capital stock Of this cor
poration shall be fifty thousand $500
dollars, divided into five hundred shares OF
one hundred (S1O000) each, the corporation
not to begin business until three thousand
(S3,000.00) dollars OF said stock shall be
subscribed. The profits shall be distributed
in such manner as the Board of Directors
shall determine. Shares OF stock shall be
transferable on the books Of the company,
in such manner as the bylaws may provide.
The powers of this corporation shall be vest
ed in a board of three members, each of
whom shall be a stakeholder herein. Said
board shall be elected every two years on
the fourth Monday in March. after previous
notice OF said election in one daily newspa-
per of New Orleans. ten days prior thereto,
each stakeholder shall be entitled to one
vote. Until the fourth Monday in March.
1914, when the first election hereunder shall
ID. Flynn, W. Il. Bentz, and Alpnonse Cor
don. The board may provide for such other
officers as 1t may see ut and may fill all va
cancies occurring on the board between
elections.
No shareholder shall be liable for the OBJ.
legations OF this company in any further
sum than the amount of his Indebtedness TO
the company, nor shall any mere informal.
ity in organization have the effect of rem.
dering this act null. The act Of incorpora.
ton may be amended or this corporatio
dissolved by a vote of three-fourths Of the
permanent stock subscribed and paid up to
the date of the meeting called for that pur-
pose after ten days notice in any daily news
paper published In this City of New Orleans
Whenever this corporation Is dissolved its
affairs shall be liquidated by three commits
sioners elected at the aforesaid general
meeting
Thus done and passed in my notarial Office
on the day and in the year first herenabOve
written, In the presence OF the undersigned
competent witnesses, who have signed these
presents, together with the appearers and
me, notary, after due reading of the whole.
Original Signed: Thomas D. Flynn( Tho
mas ID. Flynn, Trustee, W. Il. Bentz, Al
phonse Gordon, W. G. Taylor. ]. b. Rosser,
Jr., Alphonse j. Ounce, Not. Pub
I, the undersigned Recorder of Mortgages,
ana. do hereby certify that the above and
Realty Company. Limited, was this day duly
recorded in my office, book 1851, folio -.
New Orleans, March :, A. ID. 1912.
(Signed) EMILE LEONARD, ID. r.
State of Louisiana, Parish of Orleans, City
of New Orleans.
| hereby certify the above and foregoing
is a true and correct copy OF the original
act of Incorporation OF the Marco Realty
Company, Limited" together with the Ger.
tifcate of the Recorder of Mortgages af
| fixed thereto. the whole as on file in my no
tarial records. Witness my hand and sea-
| Of office this 18th day Of March, A. ID. 1872
ALPHONSE J. CUNEO, Not. Pub
inch % apr 4 IL IS % may 2, 1912