The herald. [volume] (New Orleans, La.) 1905-1953, 1913-09-11
CHARTER
OF OLYMPIA REALTY COMPAN1:
United STATES OF AMERICA, STATE |
OF LOUISIANA. PARISH OF Or 1
LEANS CITY OF NEW ORLEANS.

UNITED STATES OF AMERIGA' Sr1 nP
OF LOUISIANA. pA PAR 81, OF or Ok
Re IL known, that on this first day OF the
month OF April In the year of our Lord one
thousand nine hundred and thirteen, before
me- Sidney +. Gautier, notary puDllc, uul!
commissioned and qualified, in and for the
parish of Orleans. state Of Louisiana, ana IN
the presence of the witnesses hcrelnaiteI
named and undersigned. personally came and
appeared the p rites whose names are hel.,
of New Orleans. parish of Orleans, VINO De
clared that ayailing themselves or the prlvl-
.leges and advantages OF the laws OF the
state of Louisiana, they do hereby covenant
and agree for themselves and for those who
may hereinafter become associated Win
them. to form themselves into corporation
for the purposes and objects hereinafter
more specifically set forth.
ARTICLE 1.-THE name and title OF
this corporation shall be the OLYMPIA
REALTY COMPANY, and In It's name II
shall have the right TO contract, sue ana os
sued TO make and use a corporate seal ana
the same to be altered at pleasure. To hold;
receive purchase. lease and convey as Wen
as mortgage and hypOthecate and pledge I'M
der its aforesaid name, properly rear, po n
sonal and mixed, together with any ana all
rights, privileges and franchises as sald cor
poration may possess or acquire.
ARTICLE "fI"-The domicile of this cor
poration is fixed and established in the city
of New Orleans. state of Louisiana.
ARTICLE "III."-The capital stock or
this corporation Is hereby fixed and declared
to he fifty thousand CSJooOoool dollars;
divided into five hundred t500D shares OF
the par value Of one hundred (S1OO.OO) dol
| lars each. Said corporation to be a gong
concern when three thousand CS3,OOO.OOl
dollars shall have been subscribed and PAID
nm The stock of this corporation may be
subscribed to and paid for in cash or It's
equivalent in any tangible property or asset
that may be accepted by the said corpora
ARTICLE "IV."-The objects and pur-
poses of this corporation are declared to be
to acquire hold, maintain and operate real
estate vacant and improved. situated In the
state OF Louisiana and elsewhere, as Wen as
to develop and improve real estate In TINS
state and elsewhere.
ARTICLE ''V"-The affairs OF this cor
pOration shall be administered by a board
of directors composed Of four members. who
shall select from their number president,
a vice-president, secretary, ana treas.
urer.
of Peter CiacciO, Louis PecOrarO, \. j.
CIesi, Francis A. Nassans, with Peter CT
acciO as president, Louis Pecoraro as vice
president. y. ]. Clesi as treasurer, and +. a.
NaSsans as secretary: who shall hold once
until the first day of April, 1914. The cleo
ton of their successors shall take place I'M
der such conditions and at such time as
may be decided in the bylaws TO be adopted
ARTICLE "VI."-This corporation shall
exist ninety nine years. Upon the termina-
tiOn of the charter or II II Is dissolved soon
er. its affairs shall be liquidated by two IL
quidators elected by the board of directors,
and this corporation may be dissolved at any
time before the expiration Of the present
charter. by a three-fOurths vote of the capt.
tai stock.
ARTICLE "VIL"-No stakeholder shall
be held liable or responsible for any Obliga-
ton of this corporation in any further sum
than the unpaid balance due the company on
shares held by him nor shall any mere In
fOrmality in the organization hereof have
the effect OF rendering this charter null and
expose him TO any liability.
Thus done and passed in my office in the
city of New Orleans on the day and month
and year first above written in the presence
of X. " Richard and u. Dauner, competent
witnesses, who hereto sign their names with
the said appearers and me, notary, after
reading OF the whole.
(0riginal signed) Peter Ciaccio. eight
shares; Louis Pecoraro, eight shares; y. j
Clesi. eight shares; +. A. Nassans. eight
shares (Witnessesl X. V. Richard, Dan
Dauner. SIDNEY +. GAUTIER.
Notary Public.
/, the undersigned recorder OF mortgages
In and for the parish of Orleans, state OF
Louisiana, do hereby certify that the above
Realty Company was this day duly recorded
In my Office In book 10SS folio 312.
New Orleans. April end, 1913
(Signed) EMILE J. LEONARD, Dep. elk
A true copy from the original charter In
the records of my Office.
New Orleans, La, April 10th, 1913.
SIDNEY F. GAUTIER,
(SeaD Notary Public.
sept IL IS % oct 10