The herald. [volume] (New Orleans, La.) 1905-1953, 1914-09-24

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and to make and establish such bylaws, rules
and regulations for the operation, manage
mcut and conduct OF the corporation as its
affairs may require, and the same 10 alter OF
change at pleasure; and to do all acts and
things permitted by law, OF as shall or may
be necessary and proper to carry out the OBJ
Iccts and purposes OF this corporation, the
same as il each thing necessary and IncI-
| dental thercuntO and thereuntO appertainlng,
was and had been specially provided for and
incorporated herein.
The frs, board of directors OF this corpor
alton shall be composed OF William l.. Pocr,
| William MctIlyray, Ruth !. Pocr, Daniel J.
Kelley and Hubert NJ. Anslcy, all residing III
| the city Of New Orleans, parish q Orleans,
state Of Louisiana.
! Al citation, shall be served on the presi-
dent, or IN his absence, or the secretary and
The Stockholders of this corporation shall
not he held liable for the contract, or faults
ui tins corporation IN any further sum than
TIE unpaid balance due for subscriptions TO
the capital stock OF this corporation.
The location. value, description and char
| ae'cr Of the property 10 he given IN exchange
! 20. the subscriptions 10 the capital stock OF
this corporation, otherwise than cash, or Tor
| services rendered or performed, Is hereby set
forth, described and ItemIzcd as follows, to-
Ca) The two story brick building and lot.
located al tl5 and Oh PoydraS S., this city.
| being lot No. > IN 81. No. E2, bounded by
Paydra-, Camp. Commercial Alley and ST
| Charlie, Sts., measuring twenty-five feet front
| on P8ydraS It. by niuety-iNO and OnC-hdlt
feet in depth with an dlIcy-way, six feet
wide running along the river side Of said
| property; said property being III good cCrdl-
| ton. renting for SIv5OO per month and valued
n 100000, and which property, when trans
| 'crICd by authentic act, Is and shall he ac-
| cCptcd by this corporation upon the signing
! Of these articles OF Incorporating. in full pay
| mrut and settlement Of the amount Of capital
stock subscribed by the owners Of the said
property corresponding to the amount and
| value Of the said property herein described
| and 20 be transferred by the owners thereof,
! IN exchange for It's equivalent IN capital stock
Of ;hlS corporation. The said property above
described shall be transferred to this corpor-
alton subject to the mortgage resting thereon
as are shown 10y the public records Of this
parish, and which mortgages this corporation
\ agrees TO assume and pay.
lb) The one story frame double cottage and
lot, located at 400 and I2OS Carrolltou Ave,
thls city, being lot No. IN So No. /oI' bound,
ed by CarTollton Ave, Ulloa, Pearce and
ID Hcmecourt SITS, lot measuring thirty three
feet and ten inches by one hundred and ten
feet in depth; said property is in good con-
ditIOu; rents for $500 per month and IS val
ued al $4,000. and which property, when
transferred by authentic act, IS and shall he
accepted by this corporation upon the sign
ing OF these articles Of Incorporation, IN full
payment and settlement OF the amount Of the
| capital stock subscribed by the owners OF
| said property corresponding TO the amount
and value OF the said property herein de
| ScrIbcd.
Il tCl Inc restaurant business, GOODWILL IN
lures equipment, effects and contents, OF the
restaurant known as the Metropolitan res
taurant, located on the ground floor OF build
ing at 6l5 and Oh Poydras St, this city,
which restaurant business and goodwill CON
SISt Of continuous and prosperous restaurant
business FOR the past hve years, which IS
valued At $1,000. The restaurant, fixtures,
equipment, effects and contents consist OF a
marble top horseshoe counter and foot rail,
fifty revolving counter stools. two large re-
frigerators, three iron, pipe marble top ser
vice and supply stands, hve marble top ia
beS, ten chairs, two ranges, two dish troughs,
stock case and containers, scales, urns, cooler,
show case, dishes and cooking utensils and
every other thing therein and thereunto be
| longing, which Is valued at the sum OF s.
U00O. No debts held or resting upon any
part of the said personal property herelnabOve
| described. This corporation agrees to accept
and hereby accept the above described per
| sonal property for full paid subscribed cap
| ital stock OF this corporation corresponding to
| the e,tmated value OF the said personal prop
| erty as herein stated
I'D The certain otlce furniture, equipment,
books and effects, contained in offices in the
front room on the second floor Of building
| 1922 and 42S St. Charles St, and in room
90 on the sixth floor of the Audubon building
| in this city, which Office furniture, equip
! ment and effects Of these two Offices, consist
| Of desks, tables, chairs, filing cases, law Ii
brary, books and book cases, safe, and all
the other things contained therein and there
| unto belonging, which Is owned by William
| l.. Poer, and which is valued at $4,000, all
of which this corporation agrees to accept and
| hereby does accept in full payment of the
amount of subscribed capital stock of this
| corporation CORES spending to the estimated
value Of the said personal property as herein
stated. The Office furniture, equipment and
effects of the Office herein described and To-
| Gated at 626 Audubon building, shall be trans
| ferred to this corporation subject TO a certain
| Judgment held by the owners of the Audubon
] building, which Judgment this corporation
| agrees to assume and pay, provided the judg.
| ment is held to be valid and the said Office
furniture, equipment and effects made sub
| ject thereto.
| The stock of this corporation may be trans
ferred provided such transfers shall be re-
| corded upon the books Of the corporation be-
fore it shall be required TO recognize the
| transfer or the new holder OF said stock.
| The total amount of the subscribed stock,
| as hereinafter set forth, is the sum of sew
enteen thousand nine hundred dollars, which
| IS hereby authorized TO be issued full paid
| and non assessable, upon the transfer OF all
| of the above described property to this cor
pOration, provided that the shares of stock
herein subscribed in excess of the amount of
property to be transferred, is and shall be
paid in cash or its equivalent by the subscrib-
| ers thereof.
The first officers of this corporation, their
names, addresses and amount of the capital
| stock subscribed by each, follows: William
L. Poer, 423 St. Charles St, president, l,SO0
| shares; William McGilvray, 4l9 Audubon
Poer, 423 st. Charles ST., secretary and treas
| urer two hundred and eighty-seven shares :,
Danniel ]. Kelley, 90 Audubon Bldg, one
share; Hubert NJ. Ansley, 62S Audubon Bldg,
| one share. Total shares, 100.
| At the termination of this charter, or at its
dissolution for any cause, its affairs may be
hquidated according to the provisions OF act
267 of the acts of 1914, and the general laws
of this state, by three commissioners, select
| ed by the stockholders, in accordance with the
provisions OF said act.
| Thus done and passed, at my Office in the
city of New Orleans, on the day, month and
year herein above first written in caption
| hereof. IN the presence of Messrs. p. Percy
| Niosca and Albert G.. Bear, competent wit
! ncsscs whp have signed these presents to-
| gether with said appearers and me, notary
| after due reading of the whole.
| Original signed: William l.. Poer. Ruth /.
| Poer. William McGilvray, Danniel ]. Kelley,
! Hubert VI. Ansley. Witnesses: z. Percy vi
| osca, Albert c. Bear.
| r. A. TICHENOR, Notary Public.
! l, the undersigned recorder of mortgages,
in and for the parish Of Orleans, state of
| Louisiana, do hereby certify that the above
and foregoing act Of incorporation of the
| Poer & Company, Inc. this day duly re-
| corded in my Office, in book ll27, folio -.
| New Orleans, September IS, 1914.
| (Signed) EMILE J. LEONARD, by. r.
| A true copy.
K. A. TICHENoR, Notary Public.
sept II "a oct / IS p
|