The herald. [volume] (New Orleans, La.) 1905-1953, 1913-09-18

| OF DAi NER-\ASSANS REALTY COM
PANY, LIMITED.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA. PARISH OF OR
LEANS. CITY OF NEW ORLEANS.
June 10th. 1913.
Be il known, that on the sixteenth DAY
lof the month OF June, in the year Of our
| Lord one thousand nine hundred and thir-
teen, and of the Independence Of the United
States Of America. the one hundred and
thirty-Seventh, before me, Sidney Francis
IGautier, notary public duly commissioned.
Sworn and qualified, in and for the parish of
orleans, state Of Louisiana aforesaid, there
| in residing. and in the presence of the wit
neSSeS hereinafter named and undersigned
personally came and appeared: The parties
whose names are hereinafter signed, all OF
lawful age and residing in the city Of New
Orleans. parish Of Orleans who declared.
that awaiting themselves OF the privileges
and advantages Of the laws Of the state OF
| Louisiana relative 10 the formation OF cor
pOratiOnS, they have and do hereby covenant
and agree, for themselves and for those who
Imay hereafter become associated with them,
10 form themselves into corporation. for
| the purposes and objects hereinafter more
specially ser forth.
ARTICLE 1.-THE name and title Of
this corporation shall be DAUNER-NAS-
SANS REALTY COMPANY. LIMITED, and
| in its name il shall have the right 10 con
| tract, sue and be sued 10 make and use a
corporate seal and the same to be altered at
pleasure 10 hold, receive, purchase, lease
l. and convey, as well as mortgage and by
pothecate and pledge. under its aforesaid
name. property real, personal and mixed, to
gethcr with any and all rights. privileges
and franchises as said corporation may pos
ARTICLE "II.''-The domicile OF this cor
pOration is hereby fixed and established In
the city OF New Orleans, state OF Louisiana.
The president, and in his absence the vice
president, shall be the proper officer upon
whom citation and other legal process shall
be served.
| ARTICLE "III."-The capital stock OF
tinV, l. h.r nd Pll
10 be fifty thousand (SJO,OO0.O0D dollars,
divided into five hundred (jOO) shares, OF
the par value OF one hundred ($1O0O0D dol
| lars each. and said corporation shall be a
going concern when ten thousand $50.
900 00b dollars shall have been subscribed
The stock of this corporation may be sub
Scribed to and paid for in cash or its equiv
alent in any tangible property or asset that
lmay be accepted by said corporation.
ARTICLE "IV."-The objects and pur
poses OF this corporation are declared TO be
to acquire hold. maintain and operate rea
estate vacant and improved. situated in the
state OF Louisiana or elsewhere, as well a
to develop and improve real estate in this
state and elsewhere: as well also, as Il
carry on land and real estate brokerage
and commission business.
Il ARTICLE "V."-The affairs OF this cor
pOratiOn shall be administered by a boarC
Of directors composed of three members who
shall select from their members president
a vice president. and a secretary treasurer.
The first board of directors shall consist
lof Danial Dauner. Frank \. Nassans anC
Pascal CaruSo, with Danial Dauner as pres
ident. Pascal Caruso as vice-preSident an6
Frank 4. NaSsans as secretary treasurer
who shall hold Office until the first day o.
June, 1914.
The election OF their successors shall tax,
place under such conditions and at sucl
time as may be decided I'm the bylaws 4
be adopted by the corporation. -,
ARTICLE "VI"-This corporation shall
exist ninety-nine years. Upon the termina
ton OF the charter or If it is dissolved
sooner. its affairs shall be liquidated by two
lliquida tors elected by the board OF directors
and this corporation may be dissolved at any
time before the expiration Of the present
charter by a three-fOurths vote Of the capt
tai stock.
ARTICLE "vIL"-No stakeholder shall
be held liable or responsible for any Obliga
tion of this corporation, in any further sun
than the unpaid balance due the corporation
lon shares held by him, nor shall any mere
informally in the organization hereof hav,
the effect OF rendering this charter null, and
expose him TO any liability.
Thus done and passed, AT the city OF New
Orleans, on the day, month and year herein
first above written, in the presence OF Mes
sieurs y. +. Humphrey and h. V. Richard
competent witnesses, who have hereuntc
lsigned their names with the said appearers
and me. notary, after reading OF the whole
(Original signed Dan. Dauner, sixty
shares F. A Nassans, thirty shares Pascal
Caruso, twenty shares: y. f. Humphreys
X. V. Richard. SIDNEY +. GAUTiER;
I, the undersigned, recorder OF mortgages
in and for the parish OF Orleans, state OF
! Louisiana, do hereby certify that the above
land foregoing act OF Incorporation, OF the
Dauner- Nassans Realty Co, Ltd, was this
day duly recorded in my Office in book 1OSS
folio 563.
New Orleans, La. June 18th, 1913.
| (SignedD EMILE LEONARD, Dep. CIR
| \ true copy.
| SIDNEY +. GAUTIER.
(Sea) Notary Public.
sept IL IS - oct . 16