The herald., 1913-06-05

at not less than par, In payment or ex
| change of property actually received or pur
! chased or for labor or services actually rem
| dercd
| should any stakeholder desire TO sell OF
| dispose OF any or all OF his holdings Of stock
! or TO relinquiSh his interest in this corpora
J ton. he shall first tender such stock FOR pur
| chase To the other stockholders, through IN,
| president, who shall have the preferred RICH,
! for sixty days. 10 purchase the same for The
! lowest price such St0CkhOlder may be Willing
| To accept for the same
[ Va transfer Of stock shall be valid OF
binding unless made on the books of IN.
! company. and no transfer shall d" made on
l Ia" books ~ the company until eviden',
/ shall have been submitted 10 IN" president
| Of the notification 10 the other stockholders
! Of such intention 10 sell, and with the Ofer
/ To- purchase such stock.
| All stock issued or to be issued shall! be
subject tn all Of the foregoing provisions.
Article N.-All corporate powers u this
corporation shall be vested in and exercised
| 10y "a board ~ three directors. n majority u
/ NAl'h shall cpnStljl fr a quorum for the
transaction Of all business said board
shall b" elected on the second Tuesday in
Jun" Of each year. the first election under
! This charter 10 Dee held in June. 1911
immediately after their election said boar
shall elect from their number "A py.~ idrll
"A Nlce-prrStdent and a secretary
who shall hold Office until their SUCCESSORS
ar" elected and qualified
vi elections shall Dee 10y ballot and ma.
! Joriiy ot IA" votes east shall De- necessary
10 elect or 10 decide all questions. tn,
board OF directors shall provide for thr meth
! OF and manner ~ huldin. all elections. each
share %! stock shall Ue entitled 20 one vote
/ 10 ," cast hy IA" recorded owner in person
/ or 10y written proxy.
Until tho election 10 Dee held In Iurn
/ 1914. the following shall constitute the first
! board Of directors AMI officers: George A
NNaii'r' Henry Herman Waiter and Frank
Natter. with Georg" \. Waiter As president.
| Henry Herman Waiter rs vice president and
Frank Waiter a. secretary treasurer Said
! board of directors shall have power and an.
| thorliy 10 I'LL all vacancies occurring in their
number and in the officers
said board Of directors shall have mn
power ami authority to make and ad.spt bv.
/ laws. rules and regulations for the proprr
government Of the affairs Of this CORPORA
| ton. also 10 make and adopt a corporate
| seal. and 10 alter change or break the same
| at pleasure
! said board shall be vested with authority
] 10 Tx the terms and conditions upon which
| property shall he purchased or sold: 10 Dor.
ROY money, execute mort cages issue note.
/ or other evidences Of debt designate some
pilcer or agent 10 represent act ror and
! appear for this corporation in buvinr or
otherwise acquiring, selling or otherwise
alternating or mortgaging pr0pe1y: 10 Issue
stock for money borrowed, or for proDartv
! received by the corporation. or for services
| rendered II. At all meetings one member
may utNlEhate another 10 act for and rep.
| resent him, by written proxy
| said board may, by a majority vote sell
| any OF It's property or mortgage same (by
| BOND or othcrwiSeD, lease or pledge any OF
| the same either movable or immOvable or
| 10 receive in exchange therefor money ar
| property or stocks and bonds Of this or other
! corporations, without rttprriBg anv matter
10 me shareholders for their approval or
Said board shall also generally have all
/ powers. vi
| ciSed or allowed TO boards OF directors nv
any present or subsequent law, or by Gus.
| tom and usage
Article VI.-At the dissolution OF this cor.
| pordtion its affairs shall be Inundated by a
| board or liquidatOrs. composed of the then
| ofhcers, who shall remain in office until its
| final liduidatiOn
! Vacancies in said board shall be filed by
the remaining member or members from
among the stockholders.
Article VII.-ThiS corporation ma, h.
dissolved its capital stock increased or Dc.
| creased or this act OF incorporation modified
or altered, by complying with the laws OF
| this state relative TO the same
Article FlII.-No stakeholder shall ever
be liable for the contracts or faults OF this
| corporation in any further sum than the
unpaid balance due the corporation on the
| shares of stock subscribed for by him: nor
shall any mere informallty In the formation
OF this corporation have the efft<t of rem
| derinS this charter null or of exposing any
/
amount OF the unpaid balance due by him on
his subscription TO the capital stock
| The parties to this act have written oppo
site 10 their names the amount Of their sub
scription to the capital stock. In order that
this charter shall contain the original sub
Scrlption list OF this corporation.
| Thus done and passed and Incorporated
| IN my office at the city of New Orleans on
the day and date first above written in the
presence OF Elizabeth BrOderick and Franci,
| ID: Charbonnet. ia. competent witnesses
who sign with said appearers and me- notary
after reading the whole
| Original signed: Frank Waiter 1886
shares: Hy III. Waiter, 10 shares Geo. A
Waiter 10 shares. F. ID. Charbonnet, Jr
| Elizabeth Broderick.
| F. ID. CHARBONNET, Notary Public
/. the undersigned recorder of mortgages
In and for the parish OF Orleans do hereby
| certify that the above and foregoing act OF
| Incorporation of the Frank Waiter Real Es
| tate and Investment Company was this day
duly recorded In my Office In book 1893, folio
=. New Orleans, May 81. 1913
| (Signed) EMILE LEONARD
Deputy Recorder Of Mortgages
A true copy
F. d. CHARBONNET, Notary Public
may % june 3 IL 10 &c july 3