The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-22

the company unless and until it is made in
the above manner.
Each share OF stock shall entitle the own
or thereof, either in person or by proxy,
to cast one vote at all general meetings.
Article E.-rhe officers Of this corpora
ton shall be a president, a yice-prcSldent
and a secretary and treasurer, all OF whom
shall be elected by the board Of directors at
its first meeting after its own election. The
secretary need not be shareholder or di
rector.
The power ~ this corporation shall be
vested in and exercised by 4 board Of direc-
tors composed OF six 60 stockholders, and
majority ~ said board shall constitute a
quorum FOR the transaction Of any and all
business Of the corporation.
Tn" board II directors hereinIbbya pro
vidod r0r shall b' elected annually NJ a gen
erll meeting IF the shareholders - be held
on the third Monday Of March ~ each year.
beginning with the year 1914 and each and
every succeeding year. after Ten days notice
in writing shall Aav" been mailed 10 each
shareholders last known address. Said
board ~ directors shall ~cry" until their
Successors are duly elected and have quail
ned. Special meetings may De held at the
request OF four shareholders. after zen days
notice in writing as above provided, stat
Ing the objects of such special meeting
ANY vacancy, occurring in the board ~
directors. from any cause whatever. shall
De nilcl Tor the uneNpired time by the re-
naming directors; and any director Who
may b" absent from the city Of New Or
shareholder Of the company To act Tor and
vote for him AT any meeting of the board &.
and such proxy shall have ana exercise all
the powers Of such director appointing him.
The board ~ directors shall have power
without reference To the shareholders II
the company. to buy. sell ana lease: TO
mortgage. hyPothecate and pledge, all kinds
Of property and rights. whether movable or
immOyable and generally to rI"rciS" all the
power conferred on this company by these
articles ~ Incorporation.
Article Nl.-ThiS act OF incorpOra ion may
he changed. altered or amended or this cor
poratiOn may be dissolved by vote Of three
rourthS Of the capital stock present or rep
resented at a general meeting convened for
that purpose, after thirty days 800 notice
in writing, mailed to each shareholders last
known address, and after ten days ilO)
publication in one Of the daily newspapers
~ the city Of New Orleans and "a prescribed
by law.
All changes in the amount Of the capital
stock shall be made in accordance with the
provisions of the laws Of the state OF Lou
iSiana, relative TO the increasing or ilm'n-
iShing the capital stock OF corporations.
Article NII.-When"ver this corporation IL
dissolved. by limitation or otherwise, its
affairs shall be liqUidated under the super
vision OF three commissioners. to be elected
at general meeting convened FOR that pur
pose. after the notice specified in Article VI
Of this charter. In case OF the death or ina
biity to act, Of any one or more Of such
commissioners. the remaining commission
erS or commissioner shall elect a successor
or SUCCESSORS from among the stockholders.
Article VIII.-NO shareholder shall ever
be held liable or responsible for the con-
tracts or faults OF this corporation. in any
further sum than the unpaid balance due on
the shares Of stock owned by him nor shall
any mere informality in organization have
the effect Of rendering this charter null. or
Of exposing any shareholder to any liability
beyond the unpaid amount due on his stock
nor shall any informality or irregularity 10
hu tFq n ylf hay OF pf ran 10 ~ N "
any shareholder liable as partner.
Article IN.-Withn ten days after the
signing OF this charter the subscribers there
TO shall meet and elect the first board OF
directors, who shall hold office until the third
Monday in March 1914 and until their sue
ceSSOrS are duly elected and qualified.
In order that this charter may also serve
as the original subscription list required by
law, the subscribers TO this act OF incOrpOra-
tiOn have also respectively written opposite
their names the amount OF the capital stock
in the Incorporation subscribed for by each
OF them.
Thus done and passed. in nv Office Ia the
parish Of Orleans. state Of Louisiana, on the
day, month and year hereinabOve first writ
ten in the presence OF Louis X. Hoover and
Miss NJ. III. Gremilion. competent witnesses,
who hereunto sign their names with the said
appearerS and me, notary, after due reading
of the whole. One word interlined page two
approved before signing. Names OF Signers)
Witnesses: L. X. Hoover. NJ. ii. GremlliOn.
tSlgned) FRED e. MARX, Notary Public.
State OF Louisiana, Parish OF Orleans. I.
the undersigned. recorder OF mortgages in
and for the parish Of Orleans, state OF Lou
iSiana. do hereby certify that the above and
foregoing act OF Incorporation OF the Asso-
ciated Realty Company was this day duly
recorded in my office in book 10SS, folio =.
New Orleans. La. April 80. 1913.
tSignedD EMILE LEONARD, Deputy Recorder.
| hereby certify that the above and fore
going is true and correct copy OF the orig
inal on file and Of record in my office, ex-
cept that the names of the subscribers and
the number Of shares subscribed for by each
of them have been omitted.
In testimony whereof / have hereunto az
fixed my signature and seal OF Office. at New
Orleans. La, this 22nd day OF April, 1913.
(Signed) FRED c. MARX, Notary Public.
apr "a TO may % 1913