The herald., 1913-08-07
CHARTER
SEpTFlU REALTY co.
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CHARTER
OF FONTAINEBDEAU REALTY co.
United States of America, State OF LOUISE
ana, City of New Orleans.
Re IL known that on this first day OF
the month of July, In the year one thousano
nine hundred and thirteen, before me: REX t,tl
stoned and sworn in and for the parish OF
Orleans, and City of New Orleans, thereh
residing, personally appeared the persons
whose names are hereunto subscribed, VINO
declared that, availing themselves Of the
laws OF this state, and the provisions there
of, relative to the organization OF corpora
tions, they have coyenanted anu agree Hi
and do, by these presents, covenant anu
agree bind form and constitute themselves,
as we'll as such persons who may hereaIter
ioin or become associated with them, into
a corporation and body polite In law, for
the objects and purposes and under tne
agreements and stipulatlons 1olIo"lns' To-
wit: at,
oornora tIon mall be "Fontainebleau Realty
90" and under that name 1t shall have ana
enjoy all the rights and privileges grained
nv law to corporations; 1t shall exist Tor
the period of Dinety-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 holu re-
ceive, purchase, convey, mortgage, hypolne-
cate or pledge property, both real ana per
sonal issue bonds, notes and other obllgs-
tions; TO have and employ such managers,
directors, officers, agents and otner EN-.
Moves the interest anu CONVENIENCE VI
said corporation may require, and to make
and establish such bylaws, rules and regu-
lations for the proper management ana CON
troll of the affairs of said corporation.
through its board OF directors, as may De
necessary and eIpedient.
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'
dent OF said corporation.
Article III-The purpose for which this
corporation is organized ard the nature OF
by declared to be TO buy, sell, hold and
lease movable, immovable and mixed prop
erty, for any and all purposes whatsoever
to Improve the same, and to erect structures
OF ali descriptions to borrow money and
secure the same by mortgage, hypothecatlon
and pledge; to issue bonds; and generally
to carry on any business or enterprise that
may be incidental TO, or convenient In the
proper and successful exercise Of any OF
the powers conferred upon this company by
these articles OF Incorporation.
Article IV.-The, capital stock OF TINS
twenty thousand (S20.o00.00) dollars, to
be represented by two hundred (2Ool shares
OF the par value OF one hundred (S1OOoo)
dollars, each which shall be paid for In
cash and shall be full paid and non-assessa.
bic. No stockholder shall have the right OF
selling any OF the shares held by him with
out first having offered the same, In writ
ing, to the other stockholders, through the
board OF directors, and said stockholders
shall have the privilege OF purchasing said
shares within ten days thereafter for cash
at their book value, according to the last
preceding inventory. No person shall hold
stock unless by and with the consent OF
the board of directors. All certificates OF
stock shall have printed on their face the
following: This certificate Is issued and
held subject to all conditions and restric
lions set out In the charter"
Article V.-All the corporate powers OF
this company shall be vested In, and the
management and control OF Its affairs shall
be exercised by q board Of directors com
posed OF three stockholders, which number
may be Increased to seven at the pleasure
Of said board, a majority OF whom shall