The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-30

United STATES OF AMERICA, STATE
OF 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 HUNDRED and twelve, before me-
Ernest T. FlOrance, a notary public in and
Tor the parish Of Orleans, state of Louisi-
ana, personally came and appeared the I'M
uerSlSned parties and declared that they had
hereby formed themselves into a CORPORA ION
for the term OF ninety-nine years from this
date, under the name OF THE FINANCE X
REALTY COMPANY OF LOUISIANA. the
domicile whereof shall be in the city of
New Orleans in said state, and the purpose
whereof shall be TO finance deals in real
estate, stocSs, bonds and other securities /;
10 borrow and lend money; TO buy and sci
property, real and personal; in all cases
where authsrized by law TO act as agent for
insurance companies, or for other corpora
tlOhS, or for individuals, and in all cases
wnere permitted by law, 10 act as trustee or
receiver in bankruptcy, or as receiver or
llquidatOr OF corporations; TO act as a de.
posltory and TO guarantee the value of pro
perties 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 he
due by such stakeholder for the unpaid bal
company. ~
Citation and other process shall be served
upon the president and in his absence from
stock shall be five hundred thousand dol
lars, divided into shares of ten dollars
lSlO.OOD each, payable in cash or its equiv
aren't and the corporation shall begin bust
ness as soon as three thousand dollars OF
the capital stock shall have been subscribed.
Inc AFFAIRS of the corporation shall be man
aged by the board of directors composed of
tors to hold office for five years, and there
arter TO be elected annually BY ballot. on
| the first day Of July of each wear or as
soon thereafter as possible, each share OF
1 nna
ers meetings TO be cast in person or Inv
proxy. The first board Of directors will he
composed OF Caller j. Capdeyielle Dresi.
dent and general manager; Marion j. Capde-
we've, Vlce-president and Clemence Caller
secretary and treasurer; and succeedinp
| boards shall elect officers from among Their
number. This charter may be amended OF
| this corporation dissolved by a three-fonrths
] vote OF the stockholders represented at q
meeting. held after ten days notice in writ.
| ing, mailed TO the stockholders and in ca 20
OF dissolution the board OF directors shall
act as liquidators. The board of directors
VIII nave the power to adopt bylaws for
| the general management Of the affairs OF
the corporation, and can amend same al
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
| rlon j. Capdevielle, G.. ]. 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
ana foregoing act Of Incorporation of The
Finance Realty Company OF Louisiana wa,
TINS day duly recorded in my Office in booI
1851, folio 775.
New Orleans, March 2Sth, 1912.
tSlgnedD EMILE LEONARD, by. r
| hereby certify that the above and fore
going is true and correct copy of tn,
loriginal thereof on file in my office.
| ERNEST Il. FLoRANCE, Not Pub.
iapl % may 2 0 16 % 80 1912