The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-29
CHARTER
OF ELYSIAN FIELDS REALTY co.
-nitad States of America State OF IOuiSi

I
Be il known, that on this twenty-t third
day OF the month of May in the year one
thousand, nine hundred and thirteen, before
me, Felix J. DreyfOus, notary public, duly
commissioned and sworn in and for the par
ish of Orleans and city of New Orleans,
therein residing, personally appeared, the
persons whose names are hereunto sub
scribed. who declared that, availing them
selves of the provisions Of the laws of this
state relative to the organization of cor
pOratiOns, they have cOvenanted and agreed,
and do, by these presents, covenant and
agree, bind form and constitute themselves,
as well as such other persons who may here
after join or become associated with them,
into a corporation and body polite In law
for the objects and purposes and under the
agreements and stipulations following, to-
wit:
Article 1.-The name and style OF this
corporation shall be "Elysian Fields Realty
Co" and under that naem 1t shall have and
enjoy all the rights, advantages and privi
leegs granted by law to corporations IL shall
exist for a period of ninety mine years from
this day: 1t shall have power TO contract,
sue and be sued, in its corporate name; to
make and use corporate seal, and the same
TO break or alter at pleasure; to hold. re-
ceive, purchase, convey, mortgage, hypothe-
cate or pledge property, both real and per
sOnal; TO issue bonds, notes and other obi
cations; TO have and employ such managers,
directors officers, agents and other employees
as the interest and convenience of said cor
pora ton may require; and to make and es-
| tablish such bylaws, rules and regulations
for the corporate management and control
| of the affairs of said corporation as may be
deemed necessary and expedent.
Article 1.-THE domicile of said corpora
| ton shall be in the city Of New Orleans,
state OF Louisiana, and all citations and
| other. legal process shall be served on the
| president, and, In his absence on the vice
president, and in the absence of both of
| these officers, on the secretary of said cor
pOratiOn.
| Article III Thu ohiacts on5 rnrnoso. Co.
which this corporation Is organized and the
nature of the business to be carried on by It
| are hereby declared to be: to buy sell and
deal In, for its own account and for the
1 account of any individual firm or corpora
| tion, real estate, tenements, mortgages mort
gage notes, bonds, shares Of stock and other
securities; to lend money on property real
personal or mixed; 70 make leases as lessor
or lessee TO act as broker agent or trustee
Ior individuals, firms or corporations; to
| construct and erect, or to contract for the
construction and erection of buildings, and
generally to do and engage in any other
business undertaking or enterprise connected
with, growing out Of germane or incidental
TO any OF the objects and purposes hereina.
bove set forth or contemplated by this char
ter.
d Article IV-The capital stock of this cor
poration Is fixed at the sum Of twenty thou
sand dollars, divided into two hundred share:
of the par value of one hundred dollars each
which shares shall be paid for In cash. OF
In the purchase Of property. No transfer OF
stock shall be binding upon the corporation
unless made upon Its books and ali certifi
Gates or stock shall be signed by such officer,
as may be designated by the board of direc
tors.
: Article V.-All the corporate powers O
= tnls corporation and the mana cement AM
: control OF It's affairs shall be exercised b.
board of directors composed of f6ree stocE
: holders, majority of whom shall consti
3 tute a quorum for the transaction of al
business The directors shall be elected an
) nually by the stockholders, at a meeting I,
be held on the third Friday In Nav OF en- ri
year. Each stakeholder shall be entitled
IN person or by proxy, to a vote for ever,
| share owned by him, and all elections shai
De heid under such rules and regulations a
may be determined by the board of djrec
5 tors. The directors thus elected shall CON
4 tinue In Office for one year or until thei
( successors shall have been elected and hay
4 quailned- No failure to elect shall be re
$ garded as forfeiture of this charter An,
| vacancy occurring on said board shall h
e nlled by the remaining directors for the mn
: expired term. The board Of directors shall
q AT Its nrst meeting after its election. nom
e nate out or Its number a president n vica
: president and a secretary, and n shall am
0 pioy and dismiss such clerks managers An
otner employees Of the corporation as III
interest and business of the same NAV ius
: tify. Any OF the directors shall have y th
q right to appoint, by written Instrument an
n other director or stakeholder to act as hi
e proxy and In his stead at any and all meet
iugs OF the BOARD OF directors
e Article VINO stakeholder shall evar h
. Hel1 liable or responsible for the contracts
: 1aults or debts of this corporation. nor sbal
r any mere informality in its organizatjor
D nave the erect OF rendering this charter void
4 OF OF exposing stakeholder TO any liabiIit
/ owned by him. "" INC snare
r Article VII.-This act of incorporat,o
e may De changed, modified or altered or m
corporation may be dissolved, with the as
! sent or the stockholders owning three fonrth
e or the stock Of the corporation. present q
2 represented at a general meeting convene
Z Ior that purpose, and after at least ten DAYS
! written notice shall have been given throug
man TO each stakeholder at his last know
g pace or residence. In case of dissoIution h
: tne expiration of this charter or otherTis,
me stockholders shall elect three liouidator
from among their number to settle rho Inns
ness and affairs Of this company. In cas-
) or the death or disability of anv ono q
SAID commissioners or liquidators. the sur
Z ViVors snail appoint a successor to him
r Article VIl1.-Immediately after the sior
. ing or this charter the stockholders sbaI
! meet and elect three directors who sbal
1913. " 0e neiu In May
No sale or mortgage Of any property own
co oy this company shall be valid unles
sanctioned by the president.
This corporation shall be a going concer
as soon as fifteen thousand doIla rs shel