The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-03

June OF each year; the first election under
this charter to be held in June, 1914.
Immediately after>their election said board
shall elect from their number a president,
viceIpresdent and a tary-treasurer,
who shall hold office until their successors
are elected and qualified.
All elections shall be by ballot and a ma
jority OF the votes cast shall be necessary
to elect, or TO decide all questions. The
board Of directors shall provide for the meth
cd and manner OF holding all elections; each
share of stock shall be entitled 10 one vote
10 be cast by the recorded owner in person
or by written proxy.
Until the election TO be held in June.
1914, the following shall constitute the first
board Of directors and Officers George A.
Waiter. Henry Herman Waiter and Frank
Waiter, with George A. Waiter as president,
Henry Herman Waiter as vice-preSident and
Frank Waiter as secretary-treasurer. Said
board of directors shall have power and au-
thOrity to fill all vacancies occurring in their
number and in the officers.
Said board OF directors shall have full
power and authority to make and adopt by
laws. rules and regulations for the proper
government Of the affairs of this CORPORA
ton, also to make and adopt a corporate
seal, and TO alter, change or break the same
at pleasure.
Said board shall be vested with authority
to fix the terms and conditions upon which
property shall be purchased or sold; to Dor.
roy money, execute mortgages. issue notes
or other evidences Of debt: designate some
officer or agent 10 represent, act for and
appear for this corporation in buying or
otherwise acquiring. selling or otherwise
alternating or mOrtgaging properly; TO issue
stock for money borrowed, or for property
received by the corporation, or for services
rendered II. At all meetings one member
may designate another to act for and rep
resent him, by written proxy.
Said board may, by majority vote, sell
any OF its property or mortgage same (by
bond or OtherwiSe), lease or pledge any OF
| the same, either movable or immovable or
10 receive In exchange therefor. money OF
property or stocks and bonds OF this or other
| corporations, without rSerring any matter
| tc the shareholders for their approval OF
ratification.
Said board shall also generally have all
J the powers. rights and privileges exer
cised or allowed to boards OF directors by
any present or subsequent law, or by Gus
tom and uoaSe
Article vI.-At the dissolution Of this cor
poration its affairs shall be liquidatpd by q
board OF liquidatOrs. composed OF the Their
officers. who shall remain in Office until IT.
final liquidation.
Vacancies in said board shall be filed b.,
| the remaining member or members from
among the stockholders.
| Article VIl.-This corporation may b,
dissolved, its capital stock increased or de-
creased, or this act OF Incorporation modified
or altered, by complying with the laws o.
this state relative to the same.
! Article VIII-No stakeholder shall eveI
1
| corporation in any further sum than the
| unpaid balance due the corporation on tn,
shares OF stock subscribed for by him no.
shall any mere informality in the formation
| of this corporation have the efft<t OF rem
dering this charter null or Of exposing any
stakeholder TO any liability beyond tn,
amount OF the unpaid balance due by him or
| his subscription TO the capital stock
| The parties to this act have written oppo
| site to their names the amount of their sub
| scription to the capital stock in order tina
this charter shall contain the original sub
scription list OF this corporation.
| Thus done and passed and incorporated
In my Office at the city OF New Orleans, OF
| the day and date first above written, in thu
presence Of Elizabeth Broderick and Francis
ID. Charbonnet ia, competent witnesses
who sign with said appearers and me- notary
| after reading the whole.
| Original signed: Frank Waiter, 14St
| shares; Hy. Fl. Waiter, 10 shares Geo. A
Waiter, 10 shares F. D. Charbonnet, Jr.
Elizabeth Broderick.
F. d. CHARBONNET, Notary Public
/ /, the undersigned recorder Of mortgage
| in and for the parish OF Orleans, do hereb,
certify that the above and foregoing act o
| Incorporation Of the Frank Waiter Real rs
tate and Investment Company was this da,
duly recorded In my office In book 1888, foliI
=. New Orleans. May 81. 1913
| (Signedl EMILE LEONARD,
/ Deputy Recorder Of Mortgages.
A true copy.
F. D. CHARBONNET, Notary Public
may % june II 10 20 july