The herald. [volume] (New Orleans, La.) 1905-1953, 1913-06-12
CHARTER
Az ETENT BEATTY 90

CHARTER
OF ELYSIAN FIELDS REALTY co.
! United States of America. State OF LouiSi
ana. City OF New Orleans.
Be II known. thar on this twenty thir'
| day of the month of May in the year one
thousand. nine hundred and thirteen, before
me, Felix J. DreyfouS. notary public. dui,
commissioned and sworn in and Tor the par
I iSh of Orleans and city OF New orleans
! therein residing, personally appeared, th'
! persons whose names are hCr"untO SUD
| scribed, who declared that, ayailinE then
selves of the provisions OF the laws Of lhl'
state relative to the organization OF cor
DOratiOnS. they have cOyenautpd and agreed
and do. by these presents, covenant ant
agree. bind form and constitute themselves
Is 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 TIT
agreements and stipulationS following 10
/ wit:
! Article 1.-The name and style Of this
1 corporation shall be- ''ElySian Fields Realty
! Co. and under that name IL shall have aul
enjoy all the rights, advantages and priv
| legeS granted by law 10 corporal ions IL shall
/ exist for a period Of ninety nine years from
/ this day 1t shall have power 10 contract
sue and I've sued, in its corporate name; Z,
make ana use "A corporate seal, and the SAM
! 10 break or alter az pleasure: 10 hold. re
/ ceiye, purchase, convey, mortgage, hypothe
cate or pledge property, both real and per
Sonal; 10 issue bonds notes and other ohli
cations; to have and employ such managers
directors, officers, agents and other employee
as the interest and convenience OF said cor
poratiOn may require and to make and IS
| tabliSh such bylaws. rules and regulations
! for the corporate management and cUHtrO
Of the affairs of said corporation as may b.
| deemed necessary and eXpcient.
Article 1.-THE dOmicile Of said corpora
| ton shall be in the city of New Orleans
state Of Louisiana, and all citations an,
other legal process shall De served On tn
Inn II. 4 a.
president and, in the absence OF both o
these officers, on the secretary OF said cor
| pOratiOn.
Article III.-The objects and purposes 20
which this corporation is organized and n
nature OF the business to be carried on by /
are hereby declared TO be- TO buy sell an
deal in, for It's own account, and for tn
account OF any individual firm or corpora
tlon, real estate, tenements, mortgages mort
gage notes, bonds, shares OF stock and Othe
securities to lend money on property rea
personal or mixed; to make leases as lesSO
or lessee; 10 act as broker agent or truste
.or individuals, firms or corporations; I
construct and erect, or TO contract for tn
construction and erection OF buildings an
generally 10 do and engage in any othe
business, undertaking or enterprise cOnnecte
with, growing out Of germale or incidents
to any OF the objects and purposes bereinl
bove set forth or contemplated by this chal
ter.
Article Iy.-The capital stock OF this col
poratiOn Is fixed al the sum OF twenty thou
sand dollars. divided into two hundred share
OF the par value OF one hundred dollars eacl
which shares shall be paid for in cash c
in the purchase Of property. No transfer
stock shall be binding upon the cOrpOratlO
unless made upon its books and ali certii
Gates of stock shall be signed by such Officer
, as may be designated by the board OF dire
tors.
Article V-All the corporate powers ,
this corporation and the management an
Of af Shan ha cal
a board OF directors composed Of three stoc
holders, majority OF whom shall const
tute quorum for the transaction OF a
business. The directors shall be elected a.
nually by the stockholders, at a meeting
be held on the third Friday in May OF eac
year. Each stakeholder shall be entitle
, In person or by proxy, to a vote for ever
share owned by him, and all elections sha
be held under such rules and regulations
may be determined by the board OF dire
tors. The directors thus elected shall col
tinue In office for one year or until the
successors shall have been elected and ha,
qualified. No failure to elect shall be r
garded as a forfeiture OF this charter An
vacancy occurring on said board shall
! filled by the remaining directors for the Vi
! expired term. The board OF directors shal
at It's first meeting after its election, nom
! nate out of its number a president. a vic
president and a secretary, and 1t shall en-
plOy and dismiss such clerks, managers ar
other employees of the corporation as Il
, tify. Any Of the directors shall have II
right TO appoint, by written instrument, a.
other director or stakeholder to act as h
i proxy and in his stead at any and all NEE
! ingS of the board of directors
Article VINO stakeholder shall ever
held liable or responsible for the contract
, faults or debts of this corporation. nor sha
: any mere informality In its organizatiC
t have the effect Of rendering this charter vol
or Of exposing a stockholder to any liabili
Z beyond the unpaid balance due on the shar,
. owned by him.
Article yII.-This act of incorporate
e may be changed, modified or altered, or Il
5 corporation may be dissolved with the a
e sent of the stockholders owning three-fourtl
( of the stock Of the corporation, present
: represented at general meeting conven,
= for that purpose, and after at least ten day
written notice shall have been given thrOu.
I place OF residence. In case OF dissolution
: the expiration OF this charter or otherwis
the stockholders shall elect three liquldato
. from among their number to settle the bu.
I ness and affairs OF this company. In ca
a of the death or disability OF any one
= said commissioners or liquidators. the 81
q vivors shall appoint a successor to him.
: Article VIII.-Immediately after the sig
: ing Of this charter the stockholders shs
J, meet and elect three directors who shs
. serve until the election to be held in Ma
I 1914.
/ No sale or mortgage IF any property ow
II ny COInpdHg De VAIN
!, sanctioned by the president.
q This corporation shall be a going conce
. as soon as fifteen thousand dollars sh,
!, have been subscribed to its capital stock
r Thus done and passed in my office, on t
4 day, month and year first above written,
I. the presence of Frank B. Twomey and
!, seph l.. Weiss, competent witnesses, W
n have signed with the appearers and me, {
v notary, after reading the whole.
Original signed: Names of subscribers a
!, number Of shares subscribed by them ON
: ted. f. b. Twomey, ]. L. Weiss.
!. FELIX ]. DREYFOUS, Not. Pr
l. j, the undersigned, recorder of mortgag
T. for the parish of Orleans, do hereby cert
s that the above and foregoing act of inc,
]. poration of the "Elysian Fields Realty c.
d was this day duly recorded In my Office
r book 1858, folio 4S1.
e New Orleans, May %, 1913.
]: (Signed) EMILE j. LEONARD, ID. r.
d A true copy from the original act.
" FELIX J. DREYFOUS Not. Pu
lie 20i Carondelet Street, New Orleans.
may - june 5 II 10 20 july 3
~ CHARTER