The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-17
CHARTER

CHARTER
OF FONTAINEBUEAU REALTY GU.
United States of America, State or Louisi-
ana, City of New Orleans.
Re II known, that on this first day OF
the month of July, In the year one TN EaIiI
]. Dreyfous, a Notary Public, duly commas
stoned and sworn in and Tor the parish Ul
Orleans, and City Of New orleans, thereIn
residing personally appeared the persons
whose names are hereunto subscribed, who
declared that, availing themselves OF the
laws OF this state, and the provisions there
Of relative to the organization OF corp ,Oad
and do, by these presents, covenant ana
agree bind, form and constitute themselves,
as well as such persons who may hereaL.er
ioin or become associated with them, INTO
a corporation and body polite In law, Tor
the objects and purposes and under the
agreements and stipulations following, To-
Article 1.-The name and style of this
corporation shall be "Fontainebleau Realty
Co" and under that name Ii shall nave ana
enjoy all the rights and sns etist
the period OF ninety-nine years from TINS
day; II shall have the power to CONTRACT,
sue and be sued in Its corporate name 10
make and use corporate seal 10 hold, re-
ceiye. purchase, convey, mortgage, hypothe-
cate or pledge property, both real and per-
sonal issue bonds, notes and other oDllga-
lions; to have and employ suSn n Tanas ems.
ployes as the interest and convenience OF
said CORPORATION may require, and to make
and establish such bylaws, rules ana regu-
Iations for the proper management and con-
t troll Of ii the affairs Of said corporation.
through its board Of directors, as may be
necessary and expedent.
Article 1.-THE domicile of said corpor-
alton shall be In the city Of New Orleans,
In this state, and all citations and other
legal process shall be served on the presi-
dent and in his absence, on the vice-presi'
hrtic,e iIIMTbe purpose for which this
corporation Is organized and the nature OF
the business to be carried on by IL are mere,
by declared to be: to buy. sell, noid ano
erty, for any and all purposes whatsoever
TO Improve the same, and to erect structures
of ali descriptions; to borrow money anc
and pledge; to issue bonds; and generally
TO carry on any business or enterprise tnal
may be incidental to, or convenient IN tne
proper and successful exercise .s OF any o. Q,
these articles OF Incorporation.
Article Iy.-The, capital stock OF thl;
corporation Is hereby fixed at the sum o.
De represented BY two hundred (2o0) share.
of the par value Of one hundred $4,000
dollars, each, which shall be paid Tor II
cash and shall be full paid and non-assessa
Bile. No stockholder shall have the right O.
selling any Of the shares held by him with
out first having offered the same, In writ
ing, to the other stockholders, through tint
board or directors, and said stocknoloer'
shares within ten days thereafter for casf
at their book value, according to the las
preceding inventory. No person shall holt
stock unless by and with the consent o.
the board Of directors. All certificates o.
stock shall have printed on their face th,
following: This certificate IS issued an(
held subject TO all conditions and restric
lions set out in the charter"
Article V.-AH the corporate powers o.
this company shall be vested In. and tn,
management and control of its affairs shall
be exercised by q board Of directors, com
posed Of three stockholders, which numbe
may be increased to seven, at the pleasur
OF said board, a majority Of whom shall