The herald. [volume] (New Orleans, La.) 1905-1953, 1913-10-23

STfrE or LOUISIANA. PARISH az OR.
LEANS. CITY or NEW ORLEANS
-" il known. thar on this twentieth day
| ui Oh" month of October. iu the year Of uur
| Lord one thousand min" hundred and Ihir
teen. and of d." Independence of the United
States Of America the one hundred and rhir-
| ~ seventh before me- George t'am.hrI
Na.~hr. "a notary public. duly commissioned
and qualified. in and for This parish and
state. therein residing. and In the presence
Of III" Witnesses hereinafter named aud uu-
d"r~Igned, personally came and appeared .
"a" parties who's" names ar" urrcunru sui.
| Srrilrd all Of tn" fun age Of majority. and
residents of the city of N'w Orleans. who
declared that awaiting themselves of the
provisions Of the laws of this state they
have covenan'ed and agreed and 10y these
presents do covenant agree and bind then.
selves and those VIII" may hereafter become
associated with them and their Successors
To form themselves into and constitute a
corporation for the objects and purposes and
under IN" articles Of the interpretation fol
low inG. tu-Wit
ARTICLE FIRST-Thc name and title Of
his corporation shall D" CHARLES
COMPANY. LIMITED" and under lis said
corporate name IL shall have power and au-
ihorIy io hay" and enjoy corporate exist
ence for a period Of ninety nine wears from
and after the date hereof. 10 contract. sue
and De sued; 10 make. have and use a cor
porair seal and the Same 20 break. alter OF
amend AT pleasure; ." hold receive. pur.
chase, rent. mortgage lease, pledge and con-
NrN under it, said corporate name plprrrfy.
real and personal and mixed: to name ana
appoint such h'erS directors and agents
aN the Interest and convenience of the cor.
p"Tdll'n may require; To- make and ,.~tlH.
li~h such bylaws. rules. regulations for The,
management and regulation Of lis affairs.
"a may 10" Necessary and pruurr and rh,.
same 10 chang" ana alter at pleasure and
10 do all other acts and things ~ NAV n.
necessary and proper To- carry ont the oJ,
jrctS and purposes of this corporation
ARTICLE SECOND-Thf dpmiriIr of said
corporation shall hc in the city Of New or
leans and all citations and other legal pro
cess shall be served upon thu president. or
in the event of his absence. upon tho vice.
president. or in the absence Of both upon
the >crr"fary-tr treasurer.
ARTICLE TIIIRD-The objects and Dur
poses for which this corporation i orglu-
lied and IN" nature of the business Ia hr
carried on Toy IL are declared To De To- buv
lease. sell. mortgage and rent property. real.
personal and mixed. in the city Of New Or
leans and elsewhere. and generally TO Do
anything whatsoever necessary or proper i'm
connection Herewith To carry 0ur the OBJ
JeriS and purposes Of this corporation.
MtIlCLE FOURTH The capital stock
Of this corporation j. hereby fixed AZ the
sum Of two hundred and nifty thousand dol
lars 'N2'n.uwr. represented by twenty-five
hundred i2.JuOl shares of the par value of
one hundred dollars ,$1O-I each.
This corporation shall commence business
when three thousand dollars of its capital
stock has been subscribed for
The balance of the authorized capital
stock shall be issued ar such time ana in
such amounts As the board of directors may
determine.
No Stockholder shall sell or Offer for sale
his stock in this corporation. or any port lon
thereof. until after ten days written notice
to the board Of directors within which time
any stakeholder or stockholders drSiruafrd
10y the board shall have the right To pur-
cha>" such shares at their value according
To the books Of tn" corporation
No tranSftr Of shares Of stock shall he
binding unless made upon the books Of the
corporation. in accordance with such rules
as The board Of directors may establish.
ARTICLE FIFTII-Au of the corporate
powers Of this corporation shall he vested
in and exercised by a board of directors to
be- composed of three stockholders Of this
corporation. who shall be elected annually
on the first Monday i'm January in each |
year, beginning with the year 1919. All
such elections shall be by ballot AT the Of
flee of the corporation after ten days writ |
ten notice of such election shall have been
given To each shareholder At his last known
place or business or residence. Each stock |
holder shall be entitled 10 one vote for each
share of stock standing in his name on the
books of the company. 10 be cast i'm person. |
or by proxy, and in all elections the ma ior- |
ity OF the votes cast shall elect. Each |
board of directors shall serve and continue
in office until their successors have been
elected and installed.
The directors shall elect from their num-
her president, vice-preSident and a Secre-
The board of directors
shall appoint such other officers and en-
ployecs as may be necessary or desired and
who shall hold office subject to the pleasure
OF the board. The board shall have power
TO fix the compensation of all officers and
employees. TO enact bylaws. TO fill all va
cancieS occurring in their number or among
the officers, and. generally full power and
authority to carry out the objects and bust
ness OF this corporation.
The following persons shall compose the
first board of directors and officers of this
corporation, and they shall hold office until
the first Monday in January. 1919. or until
their successors are duly elected and quail
fed. to-wit:
Charles wirth. Sr., Adam wirth and
John David With. with the said Charles
Wirth. Sr.. as president; the said Adam
Wirth as vice-preSidcnt, and the said John
David Wirth as secretary-treasurer.
ARTICLE SlNTlI-No stakeholder shall
ever be held liable or responsible for the |
contracts or faults of this corporation in |
any further sum than the unpaid balance |
due on the shares OF stock subscribed for. |
or owned by him. nor shall any mere infOr- |
mality in organization have the effect Of
this act of Incorporation null. or |
of expos ing any stakeholder to any liability |
beyond the amount of the unpaid balance, IL |
any, due on his stock.
ARTICLE SEVENTH-ThiS act Of incor- |
pOratiOn may he altered. amended or mOd- |
fed or the corporation dissolved by vote |
Of three fOurths of the capital stock repre- |
Sented at a general meeting of the stock |
holders called for that purpose after ten |
days notice in writing given TO each stock
holder and the publicati in a daily news
paper of the notice Of such meeting for a |
like period.
All amendments increasing or decreasing |
the capital stock of this corporation. shall |
be made according to the laws of this state
in force at the time.
In case of dissolution. either by limita.
tiOn or for any other cause. the affairs of |
his corporation shall he lquida ted by one
pr more commissioners elected by the stock
holders at n general meeting called for that /
purpose and such commissioners or com
50 elected. shall hove entire
'harge of such liquidation and shall remain
m office until the affairs of the corporation
have been fully lquidatcd and in case Of
he death. or resignation, or incapaclty OF
my Of the commissioners, so elected. the re-
naming commissioner. or commissioners, IL
Inv. shall continue TO act
Thus done and passed ut my Office in the 1
'ity of New orleans. on the day. month and
rear herein first above written. in the pres
nee of Anton WehTle and Edwin Kerr. com
lctent witnesses, and residents of this city. i
who have hereuntO signed their names to-
,ether with the said parties and me, notary,
Ifter due reading of the whole.
tOriginal signedD ChaS. Wirth, Adam
With, ]. d. Wirth. Anton Wehrle Edwin
Kerr. GEO. e. WALSHE.
Not. Pub I
/. the undersigned recorder Of mortgages
or the parish Of Orleans, state of louisiana II
10 hereby certify that the above and fore
,oinG act of incorporation Of the Charles I
With Realty and Investment Company. 7
limited. was this day duly recorded in my 4
flee book No. 1119 folio No. -. Il
New Orleans. Louisiana. October goth, I
913. (Sgnedl II
EMILE LEONARD, u. II.
!. the undersigned. notary public. do here 5
" certify the above and foregoing to be n 4
rue and correct copy of the original act of L
of the Charles Wirth Realty
nd Investment Company. Limited. together