The herald., 1913-06-19
CHARTER
CHARTER
OF ELYSIAN FIELDS REALTY 80.
United States OF America, state OF Louis

CHARTER
OF ELYSIAN FIELDS REALTY 90.
| United States OF America, state OF boulSi-
ana, city Of New Orleans
Be il known, that on this twenty thiTu
dav Of the month Of May in the year one
thousand. nine hundred and thirteen. before
me, Felix j. DreyfouS, notary pubic, duIy
commissioned and sworn in and for the par
iSh of Orleans and city of New Orleans,
therein residing, personally appeared, the
persons whose names are hereunto sub
scriiped, who declared that. ayailins them
selves OF the provisions Of the laws Of this
state relative TO the organization OF cor
pOratiOns, they have cOvenanted and agreed,
and do. by these presents. covenant and
agree bind form and constitute themselves.
Is we'll az such other persons who may here
after join Or become associated with them,
into 4 corporation and body polite in law
for the objects and purposes and under the
agreements and stipuiatiOnS following. to
wit:
Article 1.-The name and style Of this
corporation shall be "E!ysian Fields Realty
Co. and under that name II shall have and
enjoy all the rights advantages and prIv!-
IleSrS granted by law TO corporations IL shat
exist for period Of ninety mine years from
this day il shall have power To- contract.
sue and be sued in its corporate name 10
make and Use a corporate seal, and the sam,
10 break or alter at pleasure; 10 hold re
ceive, purchase. convey, mortgage. hypofh"-
cate or pleig" property both real and per
~DnaI 10 issue bonds, notes and other Obi
cations, 70 have and employ such managers
directors, officers. agents and other employees
d As the interest and convenience Of said cor
pOuaiIon may require; and 70 make and -
lIhliSI ~urn by Laws. rules and regulations
E for the corporate management and control
/ of The affairs If said corporation is may b.
deemed necessary and eNpHdenr.
Article 1.-THE domicile Of said corpora
= ton shall be in the city Of New Orleans
state Of Louisiana, and all citations ana
other legal process shall be served on tIt
? president, and, in his absence, on the vice
president. AMI. in tn" abSenc" uf both %,
; these officers. on the secretary of said cor
! pOra-ion.
p Article III.-The objects and purposes %,
70 which this corporation is organized and th'
nature ~ the business 10 be carried On by i
are hereby declared to be: 10 buy sci, an,
deal in, for its own account, and for IN,
Z; account Of any individual, firm or corpora
ilo". re1! estate. tcnemrntS, mortgages mort
. gage notes. bonds, shares Of stock aud Urhr
: securities - lend money On property real
. personal or mixed. 10 make leases Is Jesse
or lessee. 20 act "a broker agent o. trustee
or individuals. firms or corpora ions. {.
a construct and erect. or TO contract for Tn
y construction and erection Of buildings an
;. generally 10 10 and engage in any orha
(, business, undertaking OF enterprise connect"
with. growing ont of. gormAne D" incidents
: to any Of the objects and purposes hrraiai
y hove set forth or contemplated 10y this char
e ter
;. Article IV.-The capital stock " this go,
pOrdtion j. fixed at the sum Of twenty thou
, Sani dollars, divided into two hundred share
Of the par value of one hundred dollars aJci
which shares shall be paid for in cash. q
q in the purchase Of property No transfer q
Il stock shall be binding upon the corporate
" unless made upon lis books and al. cerrlI
i Gates Of stock shall he signed BY such officer
e As may be designated by the board Of dire,
IS tors
Article V.-AU the corporate powers
y this corporation and the management an
control Of its affairs shall be exercised b
b. board Of directors composed Of three stool
holders, Il majority Of whom shall COnSt
trte quorum for the transaction Of a
business. The directors shall be elected al
nually by the stockholders. at a meeting I
be held on the third Friday in May Of eac
year Each stakeholder shall be entitled
i in person or by proxy, to a vote for ever
= share owned by him. and all elections sha
be held under such rules and regulations q
may be- determined by the board Of dire
', tors. The directors thus elected shall COZ
ie tinue in office for one year. or until the
u successors shall have been elected and hay
lie qualified No failure to elect shall be r.
l., Earded as forfeiture OF this charter. An
y vacancy occurring on said board shall I
IN hlled by the remaining directors for the NJ
- expired term. The board of directors shall
> ar its first meeting after its election. nom
az nate out Of its number president. a vic
o president and a secretary, and II shall Ell
n poy and dismiss such clerks, managers an
j. other employees OF the corporation as II
y interest and business Of the same may in
n tify. Any OF the directors shall have IL
H. right To appoint by written instrument al
+ OIner director or StOckhOlder to act as h
ID proxy and in his stead at any and all NEE
M ingS of the board of directors.
r Article VINO stakeholder shall ever
d. held liable or responsible for the contract
no faults or debts of this corporation. nor sha
d. any mere infOrmality in its organizatic
NJ have the effect of rendering this charter vol
n or Of exposing stakeholder to any liabili
Of beyond the unpaid balance due on the shar,
lie owned by him.
n Article vII-This act Of Incorporate,
ce may be changed, modified or altered. or Il
as corporation may he dissolved. with the a
re sent of the stockholders owning three-fourtl
at of the stock OF the corporation. present ,
g represented at general meeting conven,
d. for that purpose. and after a least ten day
{; written notice shall have been given throu!
lis mail to each stakeholder at his last know
OF place Of residence. In case OF dissolution
'e- the expiration Of this charter or otherwis
re the stockholders shall elect three liquidat TO
81, from among their number to settle the bu
Oh ness and affairs Of this company. In ca
"a Of the death or disability of any one
M said commissioners or liquldators, the 81
NJ vivOrs shall appoint successor TO him.
on Article vlII;-Immediately after the sic
is'' ing Of this charter the stockholders sh:
80, meet and elect three directors who sh;
Of serve until the election to be held In Na
-Or 1914.
az No sale or mortgage IF any property ov
ali ed by this company shall be valid uni,
IL sanctioned by the president.
rst This corporation shall be a going cOnce
ms as soon as fifteen thousand dollars sh
)u have been subscribed to its capital stock
ter Thus done and passed in my Office on
lid day. month and year first above written,
of. the presence of Frank B. Twomey and
IL, seph l.. Weiss, competent witnesses, W
ION have signed with the appearers and me,
lily notary, after reading the whole.
st Original signed: Names of subscribers a
ed. number of shares subscribed by them on
&c ted. +. Il. TwOmey, J. L. Weiss
I'M FELIX J. DREYFOUS, Not. p
en- ], the undersigned, recorder of mOrtgai
d. for the parish of Orleans, do hereby cert
ors that the above and foregoing act of inc
ed. poration of the ''Elysian Fields Realty G
md was this day duly recorded in my office
or book loss, folio 4s1.
rec New Orleans Nav % 1919
d. (Signed1 FyUB 7 IboS,Rn u y
leo A true copy from the original act.
OF FELIX J. DREYFOUS, Not. Pr
tne 20f Carondeet Street, New Orleans.
ties - - 80 = - ~ -