The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-06

lease movable, immoyaDle ana miAeo PiOP
erty of all descriptions for any ana all pur
| masses wha tsoeyer; TO improve the same anu
10 erect buildings and structures OF an ue
scriptions TO borrow money ana 10 secuIg
the same by mortgage, hypothecati4hn anu az.
1 pledge and 10 issue bonds, notes or other %
| legations of Indebtedness; 10 sell properly
| on commission and act as brokers' Ior otheI
persons, firms or corporations, buy ana sen,
| farm and timber lands and generally 10 carry
on any business or enterprise that may De
| incidental to or convenient IN the proper
and successful exercise Of any OF the powers
! conferred upon this corporation Dy these
| articles of incorporation not inconsistent
| with the constitution and laws OI Tue SAT-
| of louisiana This corporation shall nave
the right and power to do business IN tnis
' ARTICLE Ill.
| The capital stock OF TINS corporation ms -
hereby liked at the sum OF one hundItu
| thousand dollars CSlOU,OO0UOJ, divided INTO
| and represented by one thousand shares OF
j the par value of one hundred dollars (SloOl
| each, which will be paid for in cash IN such
amounts and manner and AT such tunes as
/ tho hoard of directors may determine, or
i the same may be issued for properly actu
ally received by or services actually reno
! cred to the COrporatloni Such STOCK "heh
SO issued shall be fully paid and non-assess-
able. .
i This corporation shall have power and
i authority 10 contract, sue and be sued IN
Il its corporate name (; make and use corpor-
ate seal, the same u alter or change AT
pleasure; hold, receive, lease, hire and pur-
chase property botn real and personal and
TO SELL mortgage or pledge the same; Dor
row money, issue bonds, notes or other eVi-
dence of indebtedness; hire employ and dis
charge all officers, agents and employees,
!, and Tx their salaries and compensation
make all bylaws, rules and regulations for
the proper management and expedition of
: its affairs as may be necessary and proper
and alter, amend and change the same al
pleasure.
All the corporate powers of this corpora
= tiOn shall be vested in and exercised by a
holders, majority of whom shall cOnSti-
tute a quorum for the transaction Of all
I business.
e The following named persons shall con
a stitute the first board of directors Fred. T.
r Dean, Elmer +. TrOwbridge and Barnard Il
= Howard, with the said Fred. I. Dean as
, preSident-treaSurer and Elmer h. Trowbridge
,, as vice-president, all Of whom shall hold OF
b flee until the fourth Monday in February
4 1914, or until their successors shall have
= been duly elected and qualified.
r On the fourth Monday in February, 1914
5 and annually thereafter, an election for di
: rectors shall be held at the office of the cor
5 poration under the supervision of two com
missioners TO be appointed by the president
and the directors then elected shall imme
5 dately take their seats and hold office unit
d their successors are elected and qualified
: Notice OF the election shall be given TO each
e stakeholder In writing by mai ten days DriOl
to all elections, sent 10 his or her last known
residence or place OF business. Each bOarC
n shall elect its officers who shall hold
l. office during the tenure of the board.
} All corporate elections shall be by balio
, and majority of the votes cast shall elec
and each share of stock shall be entitled I,
n one vote either in person or by proxy, at al
IS meetings of the stockholders Transfers u
y stock will not be recognized unless trans
ferred on the book of the company by tn,
owner or his duly authorized attorney.
,e All vacancies occurring in the board Of Iii
l. rectors from any cause shall be filled by TIT
e remaining directors.
70 This corporation shall commence business
a and become going concern so soon as NV,
thousand dollars OF its capital stock shall
/ have been subscribed for.
ARTICLE VI.
n This act of Incorporation may be changed
ii modified or altered, or this corporation ma,
e. BE- dissolved with the assent of three fourth
$ (34) of the capital stock of said corpora
l. ton present and voting at a general meeting
y of the stockholders convened for such puT
rs pose after thirty days prior written motto
shall have been given by publication in
II daily newspaper published in this city, one
Or a week during said thirty days.
c. ARTICLE VII.
lel Whenever this corporation Is dissolved
either by Limitation of its charter, or iron
Id any other cause, the affairs thereof shall b
OF liquidated by two commissioners elected frOr
81 among the stockholders at general meet
ir ing OF the stockholders convened for tina
OF purpose after thirty days prior written nc
is holder by publication in one of the dali
IN newspapers published in the city of Ne'
ne Orleans, once a week during said thirt
20 days. said commissioners shall remain in OF
OF flee until the affairs OF said corporation sha
OF have been fully liquidated. In case of til
t death Of either of said commissioners, tn
OF survivors shall continue to act.
y. ARTICLE VIII.
be No stakeholder of this corporation sha
n ever be held liable or responsible for tn
contracts or faults thereof In any furthe
sum than the unpaid balance due 10 the co
d. poration on the shares owned by him, nc
ay shall any mere informality in organiZatiO
in have the effect of rendering the charter null
al nor exposing stakeholder TO any liabilit
or beyond the amount OF his stock.
To- Thus done and passed in my notarial o
in fee at New Orleans aforesaid, in the pre-
he ence of William A. Wenck and John Dwye
competent witnesses of lawful age and r
is siding In this city, who hereunto subscril
Ter their names together with said parties ar
IS me, notary, on the day and date set fort
use n the caption hereof
DR. Original signed Fred T. Dean, ct ais.
lu- Witnesses W. A Wenck, John Dwyer.
IN WM RENAUDTN, Not. Pub.
40 /, the undersigned recorder Of mortgag
IA in and for the parish of Orleans, state
all Louisiana, do hereby certify that the abo
or and foregoing act Of Incorporation Of q
ICY Marigny Realty Company, Limited, was tn
all day duly recorded in my office, in book los
folio =.
New orleans, February &c, 1918.
On (SignedD EMILE LEONARD, ID.
or l certify the foregoing and within to
IN true and correct copy Of the original a
'ck Of Incorporation of the Marigny Realty Col
In pany, Limited. together with the certihca
lngl of the recorder OF mortgages thereto a
OK pended on file and of record in my office.
Int In faith whereof, hereunto set my ha
and seal this 26th day Of February, A.
the 1913
md (Signed) wM RENAUDIN,
'es- (SeaD Not. PI
md feb % inch Is 20 % and apr 8
Tho
APP