The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-03
State Of Louisiana, Parish of Orleans, Cit
of New Orleans.

State Of Louisiana, Parish OF Orleans, City
of New Orleans
Be 1t known, that ca this the twenty
seventh day Of the month of May, in the
year of our Lord nineteen hundred and thir-
teen and Of the independence Of the United
States Of America the one hundred and
thirty-seventh, before me, Francis Daisies
Charbonnet, a notary public. duly commits
stoned and qualified, In and for this city and
the parish Of Orleans, therein residing and
In the presence of the witnesses hereinafter
named and undersigned, personally came and
appeared: the several persons whose names
are hereunte subscribed who declared that
availing themselves of the laws Of this state
relative to corporations, they have covenant
ed and agreed and do by these presents cove
naut and agree and bind themselves as well
as such others as later may be associated
with them, to form and constitute a corpor-
alton and body polite in law, under the
name and conditions and stipulations follow
ing, to-wit:
Article 1.-The name, title and style of
this corporation shall be the Frank Waiter
Real Estate and Investment Co.," and under
such name 1t shall exist and enjoy succession
for ninety-nine years from this date.
Article 1.-THE domlcile of this corpora
tion shall be In the city of New Orleans,
where all citation and other legal process
shall be served on the president, or In his
absence on the vice-president.
Article II1.-The objects and purposes for
which this business Is created and the nature
OF the business to be carried on by 1t are
hereby declared to be to buy or otherwise
acquire, to sell or otherwise ALLEVIATE, to hold
and to lease movable and immovable prop
erty, for any and all purposes, both improved
and unimproved, and both in the state Of
Louisiana and elsewhere in the United
States; to improve the same and to erect
buildings and structures on same; to buy,
sell, deal in and hold or negotiate rent notes
and leases to lease, rent, suitcase and
sub-rent buildings and property; to borrow
Inv rtOaO
hypothecation or pledge and to lend money
and secure the same by mortgage, hypothe-
cation and pledge and to issue bonds; to
buy, sell, deal in and hold stock In other
corporations, as well as bonds and other evil
dences Of debt and to vote the same at all
meetings of such other corporations and
generally to carry on any business necessary
or incidental to carry out the purposes above
mentioned, as well as other things allowed
BY law to be performed or done by corpora
lions.
Article Iv.-The capital stock of this cor.
poration is hereby fixed at the sum Of one
hundred and fifty thousand (S15O, 00O. 00)
dollars, divided into and represented by IF.
teen hundred shares Of the par value Of one
hundred dollars, each, which stock shall be
paid for In cash, or may be issued, full paid
change Of property actually received or pur-
chased or for labor or services actually rem.
dered.
Should any stakeholder desire to sell OF
dispose OF any or all or his holdings or stock
or to relinquish his interest in this corpora.
ton, he shall first tender such stock for pur-
chase to the other stockholders, through the
president, who shall have the preferred right
for sixty days, to purchase the same for the
lowest price snch stakeholder may be willing
to accept for the same.
No transfer Of stock shall be valid OF
binding unless made on the books Of the
company, and no transfer shall be made on
the books Of the company until evidence
ha AMI r1f raA IN he NJ
Of the notification to the other stockholders
OF such Intention to sell, and with the Offer
to purchase such stock.
All stock issued or to be issued shall b.
subject to all of the foregoing provisions.
Article V.-All corporate powers Of this
corporation shall be vested In and exercised
by board Of three directors, q majority OF
which shall constitute a quorum for the
transaction Of all business Said board
shall be elected on the second Tuesday In