The herald., 1913-10-02
CHARTER
CHARTER
|OF HOME BUILDERS REALTY CON-
PANY.
UNITED STATES OF AMERICA. STATE
OF LOUISIANA EIrY DE NEW Or.

or LOUISIANA. CRY OF NEW OR
Be it known, That on this 18th day Of tn,
month of September in the year one thou
sand, nine hundred and thirteen. before me
Alfred ID. DanZiger. a notary public for tn,
parish or Orleans and city Of New Orlean.
substituting Felix J. Dreyfous. another no
tsry public for said parish, now absent on
leave from the governor as appears BY tn.
instrument annexed TO an act pa sSed in thi.
Office on August 10. 1913. personally ap
peared the persons whose names are her.
| unto subscribed who declared that avail
| Ing themselves OF the laws OF this state ant
the provisions thereof relative to the organ
| lZatiOn Of corporations they have COW.
nsnted and agreed and do by these presents
covenant and agree. bind, form and consti
| tute themselves as well as such persons who
may hereafter join or become associated with
them, into a corporation and body polite In
law, for the objects and purposes and und.r
ne agreements and stipulations following
] tO-wit:
ARTICLE The name and style of this
corporation shall be: HOME BUILDERS
REALTY COMPANY" and under that
name 1t shall have and enjoy all the rights
ana privileges granted by law TO corpora
tlons; II shall exist for the period Of ninety.
nine years from this day: It shall have til.
power 10 contract, sue and be sued In il.
| corporate name; TO make and use a corpo-
rate seal; TO hold, receive, purchase, convey.
mortgage, hypothecate or pledge property
both real and personal: issue bonds note.
and other obligations ITO have and employ
such managers, directors, officers agents and
oiher employees as the interests and conve-
hlence or said corporation may require and
10 make and establish such bylaws rule.
and regulations for the proper management
anu control OF the affairs Of said corpora tion
through its board OF directors as NAV n.
necessary and eXpedient.
ARTICLE 1.-THE domicile of said cor
pOratlon shall he In the City Of New Orleans
N this state, and all citations and other
legal process shall be served on the nresi
dent, and in his absence on the yIce-presi
dent OF said corporation.
ARTICLE lII.-The purpose for which
inns corporation Is organized and the nature
OF the business TO be carried on by II ar.
hereby declared to be To buy, sell hold and
lease movable, lmmOvable and mixed pron-
eerty, Tor any and all purposes whatsoever: to
OF all descriptions: TO borrow money and
secure the same BY mortgage. hyp6theca
non ana pledge: TO issue bonds and gpner
az! 10 carry on any business or enterprise
!he proper and successful exercise of any OF
me powers conferred upon this cOmpany nv
these :, ., articles Of Incorporation
o,sA.I An lS LE IN;-The capital stock OF this
CpIpOrau0n Is hereby fixed at the sum OF
one hundred and fifty thousand GsI50
euoVo' dollars, TO be represented by nfteen
nna he'd .l,?ool shares Of the par value Of
shall be paid for in cash. and shall h" fIii
pald and nOn-assessab BILE No stockboIdar
silail nave the right OF selling any ~ n.
s ss held by him without first having OF
iered the same in writing TO the othar sfocl,
holders. through the board OF directors "a
Sald stockholders shall have the priyilege ~
purchasing said shares within ten days
cnrdIHI, LOT , cash at their book value, &C.
cordlng 70 the last preceding Inventory No
person shall hold stock unless by and with
lHe consent or the board OF directors Al
..ts.iInSates or stock shall have printed on
tnetr race the Following: This certi6cata Is
Issued and held subject 10 All cond,tinna -
reS.Tictions set out in the charter
ARTICLE V.-All the corporate novs-s =,
.nis company shall he vested in and m.
Una una nasenent and control OF its affairs shall
De exercised by board of directors con1
posed or i've stockholders. which mo-
y, Increased 10 seven at the pleasure
S 81 n sara no BOARD, majority OF whom
' ,nai constitute quorum for the transac
Iioh OF all business. The directors shall \.
eIected by ballot by the stockholders on m.
last Monday in January OF each wear. Each
Sb,oc Tr shall be entitled. in person or
.! proxy, 10 vote foS every share owned
~ MIN, and all elections shall be held nnde-
such rules and regulations as NAV he datar
mined by the board of directors. The direc.
,Os mus elected shall continue in Office for
que year, or until their successors shall have
peen elected and have qualified. No fsiInre
70 elect snail be rega rded as a forfeiture ~
ms eharter Any vacancy occurring on said
-ors ,o Sn4 III oe MED BY the remaining direc-
directors shall, at its first meeting after Its
'iectlon, nominate out OF its number q nras.
uent Vice-president and a secretary-treas
,rea; Said board shall have the right to |
eparate the position OF ecretary-treasurer,
lnd may elect secretary. who need not he |
timer a director nor a stockholder: and n |
nail employ and dismiss such clerks. man.
gers and other employees OF the corporation |
IS the interest and business of the sarna NAV
Justify ANY OF the directors shall have the
lght to appoint, by written instrument an.
ther director or stakeholder TO act as his
roxy and In his stead at any and an meet.
ngs OF the board OF directors.
ARTICLE Vino stockholder shall ever
held liable or responsible for the con.
,aetS, faults or debts Of the corporation,
or shall any mere informality IN its organ,
'ation nave the effect of Rendering This
narter void or Of exposing a stakeholder TO
D the shares owned by him. N-'
AhIlCLE yII-This act Of Incorporation
ay pe changed, modified or altered, or this
'rporation may be dissolved with the as.
mt OF the stockholders owning two-thirds
the stock OF the corporation present or
at general meeting convened
that purpose. and after at least ten days'
ritten notice has been given through mail