The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-31
CHARTER


OF FONTAINEBUEAU REALTY co.
limited States of America, State or LOUISE
ana, City of New Orleans.
Be 1t known, that on this. hrst day OF
the month of July, in the year one thousand
nine hundred and thirteen, before me, Felix
]. Dreyfous, Notary Public, duly commlss
stoned and sworn in and for the parish OF
orleans. and City OF New orleans ans r onr
whose names are hereunto subscribed, VINO
declared that, availing themselves OF the
laws Of this state, and the PROVISIONS IneIe
OF relative to the organization or corpora
tions they have covenanted and agreed,
and do, by these presents, covenant anu
agree bind, form and constitute themselves,
as well as such persons who may hereafter
ioIn or become associated with them, into
y CORPORATION and body polite In law, 1or
the objects and purposes and under the
agreements and stipulations following TO-
wit: At,
Article 1.-The name and style Of this
corporation shall be "Fontainebleau Realty
90" and under that name IL shall nave ana
enjoy all the rights and privileges granted
ne law to corporations: 1t shall exist for
tho neriod of ninety-nlne years from this
day: 1t shall have the power to contract,
sue and be sued In Its corporate name 10
make and use a corporate seal; to hold, re-
ceiye purchase, convey, mortgage, hypotne-
cate or pledge property, both real and per
sonal issue bonds, notes and otner oDllgs-
lions to have and employ such managers,
directors officers agents and other en-
Moves as the interest and convenience OF
said corporation may require, and 10 make
and establish such bylaws, rules anu ma r eeu-
troll of the affairs OF said corporation
through its board of directors, as may be
necessary and expedient
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 vlce-presi-
Article iiIwThe purpose for which this
corporation Is organized and the nature OF
the business to be carried on by IL are mere
lease movable, immovable and mixed prop
erty for any and all purposes whatsoever I;
to improve the same, and to erect structures
of all descriptions; to borrow money ana
secure the same by mortgage, hypothecation
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 or any or
the powers conferred upon this company by
these articles Of Incorporation.
Article Iy.-The capital stock or this
corporation is hereby Sed o at the sum 81
be represented by two hundred (200l shares
OF the par value of one hundred (S1OO.oO)
dollars, each, which shall be paid for IN
cash and shall be full paid and non-sssessa.
bic. No stakeholder 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-
tons 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, CON-
posed Of three stockholders, which number
may be increased to seven, at the pleasure
OF said board, a majority Of whom shall