The herald., 1913-06-05
OH ARTER
CHARTER
OF ELYSIAN FIELDS REALTY co.
United States of America, State OF IOuisi-
Iitv Of New Orleans


United States of America. State or DOuiSi
ana, City of New Orleans.
lie IL known, that on this twenty-five,
day Of the month of May in the year on,
thousand. nine hundred and thirteen, before
me, Felix J. DreyfOuS. a notary public duly
commissioned and sworn in and for the par
iSh of Orleans and city OF New Orleans
therein residing, personally appeared, III,
persons whose names are hcrruntO sub
SCribed, who declared that, availing them
selves of the provisions OF the laws OF TIN,
state, relative TO the organization OF cor
puratiOnS, they have Covenantcd and agreed
and do. by these presents. covenant ant
agree. bind form and constitute them sci yes
as well rs such other persons who may here
after join or become associated with them
into corporation and body polite in law
for the objects and purposes and under the
agreements and StipulationS following, TO
wit:
Article THE name and style of thi,
corporation shall be "ElySian Fields Realty
Co and under that name IL shall have and
enjoy all the rights. advantages and priv
.eSr> granted 10y law 10 corporations II Sha n
exist for period OF ninety-nne years from
this day: it shall have power to contract
sue and b. sued, in its corporate name: "a
make and use corporate seal ana the sam,
To break or alter at pleasure: To hold, re
r"ive, purchase, convey, mortgage hypothr
cate or pledge property. both rea! and per
~unal: To issue bonds, notes and other obi
cations: 10 have and employ such managers
~ the interest and convenience Of said cor.
prtalIon may require; and 10 make and es
lablISh such bylaws, rules and regulations
Tor The corporate management and Contro
OF IN" affairs of said corporation aS may b,
deemed necessary and rXpedicnt.
Article 1.-THE dOmicile of said c0rpnra
unn shall be in the city Of New Orleans
stale OF Louisiana, and all citations ana
other legal process shall be served on IN,
president, and, in his absence on the vice
president. and. in the absence Of both OF
these officers. on the secretary OF said cor
pOratOn.
Article III.-The objects and purposes 20,
which this corporation IS organized and ms
nature Of the business to be carried on by II
are hereby declared to be: 10 buy sell am
deal in, FOR its own account and for tn,
account Of any individual, firm or corpora
ton, real estate, tenementS mort garrS mort
gage notes, bonds, shares OF stock and other
securities; To lend money on property real
personal or mixed; to make leases a lessor
or lessee TO act as broker agent or truSte.
Aor individuals, firms or corporations: I,
construct and erect, or TO contract for IN,
construction and erection OF buildings an,
generally 10 DO and engage in any othpl
business, undertaking or enterprise connected
with. growing out Of. germase or incilenta
10 any of the objects and purposes hpreIna
bOye set forth or contemplated by this char
ter.
Article IV.-The capital stock OF this cor
pOrLtiOn Is fixed at the sum OF twenty thou
sand dollars. divided into two hundred share.
or 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 certif
Gates of stock shall be signed by such officer,
as may be designated by the board OF direc
tors.
Article V.-All the corporate powers o
this corporation and the management an,
control OF its affairs shall be exercised by
"A ri n Il . =
holders, majority OF whom shall consti
tute quorum for the transaction Of al
business The directors shall be elected an
nually by the stockholders. at a meeting tC
De neid on the third Friday In May OF each
year. Each stakeholder shall be entitled
IN person or by proxy. to a vote for every
snare owned by him, and all elections shall
De EeId under such rules and regulations a,
may I've determined by the board Of direc
tors. The directors thus elected shall con
tinue in office for one year or until thpil
successors shall have been elected and bay,
qualified. No failure to elect shall be re
sarded as forfeiture Of this charter AM
vacancy occurring on said board shall h,
filled by the remaining directors for the nm
expired term. The board OF directors shall
at its first meeting after its election. nomi
nate out OF its number a president. a vice
president ana secretary, and IL shall EN-
ploy and dismiss such clerks, managers alC
other employees of the corporation as IN,
interest and business OF the same NAV ms
tlfy. Any OF the directors shall have IN,
right to appoint, by written instrument, an
other director or stakeholder 10 act as hi.
proxy and in his stead at any and all meet
inSS of the board of directors
Article VINO stakeholder shall ever b,
held liable or responsible for the contracts
Ianits or debts OF this corporation. nor shall
any mere informally In its organization
have the effect of rendering this charter void
or or exposing stakeholder to any liability
beyond the unpaid balance due on the share!
owned by him.
Article VII-This act Of INCORPORATION
may be changed, modified or altered. or tn,
corporation may be dissolved, with the as
sent or the stockholders owning three fourth
OF the stock Of the corporation, present OF
represented at general meeting convened
for that purpose. and after at least ten DAYS
written notice shall have been given through
mail TO each stakeholder at his last known
place OF residence. In case OF dissolution by
the expiration of this charter or otherwise
the stockholders shall elect three liGuidator,
from among their number to settle the bust
ness and affairs OF this company In cas-,
OF the death or disability Of any one Of
said commissioners or liquidators. the sur
vvOrs shall appoint successor to him
Article vIII.-Immediately after the sign
ing OF this charter the stockholders shall
meet and elect three directors who shall
serve until the election to be held In May
1913.
No sale or mortgage Of any property own
ed by this company shall be valid unIes.
sanctioned by the president
This corporation shall be q going concern
as soon as fifteen thousand dollars shall
have been subscribed to it's capital stock.
Thus done and passed In my office. on the
day, month and year first above written, IL
the presence of Frank B. Twomey and 10
Seph L. Weiss, competent witnesses. who
nave signed with the appearers and me- the
notary. after reading the whole
original signed: Names of subscribers anC
number OF shares subscribed by them omit
ted. +. B. TwOmey, J. L. Weiss.
FEL1X j. DREYFOUS, Not. Pub
], the undersigned, recorder of mortga ge.
for the parish of Orleans, do hereby certify
that the above and foregoing act Of incor
poratiOn of the "Elysian Fields Realty Co
was this day duly recorded in my office IL
book 10SS folio 4S1.
New Orleans, May %, 1913.
(Signed) EMILE J. LEONARD, d. r.
true copy from the original act
FELlX J. DREYFOUS, Not. Pub.
2O4 Carondelet Street, New Orleans
may % june 3 II 10 20 july 3