The herald., 1914-08-13
CHARTER


/ OF TIE IVES SIDE REALLY tbMfANl
. United States ui America. State Of louisiana
. Parish Of Orleans tIty % New !'Tieans-
/ Be Do known. That on inns Nrsi DAY OF 't
I month Of Iu'v. IN the year 81 our LORD one
. rh.r-H.d nine bundled and fourteen ana o
. rI" independence OF The t'.ltu states Vi
. America the one hundred and tHriy-cISht, De
. gore ne, Martin =. Malnnry, a notary pu'ie
+ July commissioned and gua.i'eh. on ana l'
. r,--iaI. and ru lie presence 10 The wiincN-r'
/ h-rrrna'trr named and ,unarts.In PyifS.u
ail' came ara afl'".'' W. -
I names arc .'' .''-' 80 g. - u
7 f.a'. a'aii''S ''S'', 10 - 80.
/ Pic consul. "'.' ..' :'" 80. III,
relative q" me "'.5'''n vi 'l.iT, IN,
"h'' '''r..n.'" am" ''l'1', H''. - 3D. ssI
/ pies. So cove ,....' ''S' 90 go - -
. 49, wei as '',' ...'' !'.'.-' -, ~ 80 @
ai''i .'.f'"- 1'-,1t".' "..' '.''.'' .''-, ~
/ 70 'H'."" ana '".F ]. ,.'' ITO -" ~. WV
/ .r "." l.'p'', 't ...'. .' "a. ..'.
ANU N''t''''''...
[ AE'D.r J. r. nrr ~ IT, "TP", ~, ~
shall Doe the Nt~l~llDt NfHl-I ''N
FhNl. ard u.trr THAT name snail nave a'''
suray al the rights privileges ana @HS"n,
! '.gr~ Er.u'rI .y .aH 'D corporations, ana shtiI
have 'Ha power art authority :" tij"y sue
,,r-I.. and corporate" existence TOT ana ulti
t rrg . E'rr.i .I ninety nine Nr.'~ F'A inc
date hereof, ur.o-, ~'art, Dissolved III the
ua--e- hereinafter provided
~..t ..rr.raf.u shall have me power ana
authority fr .ur'ra.'s 'u sue aud .r sued 20
maize .ul use corporate seal, and the same
'H .r,.' 10 pleasure. O" Mold. receive puI-
chase. sell. convey. deliver. mortgage, hypoihe'
cate and pledge any property. real and per
r.ral. and tp l-~u" notes 1ud "ihrr "hilSh,
sion. .- other evidences Of debit I" nave ana
@" employ such managers, agents ana "'hrT
employees as the interest and convenience
uf said corporation nav require or demand;
and rn make and establish such bylaws, rules
and regulations for The proper management
aud control Of the affairs of said corporation,
- may bc deemed necessary and cNpei'ent.
Article The d,mfriI- of this corpora
non shall IN, m the rlty Of New Orleans.
PARISH If Orleans. State Of Louisiana: and all
citations and other legal process shall be served
upon the president, and. IN his absence. upon
The yi.r-prr,rIrut and I'm the absence or
disability of both. then upon the secretary
treasurer Of the corporation.
A-fIrIr III-Thc object and purposes for
winch this corporation is created and the
rafy-e Of the business To he carried on hy
II are hereby declared 10 be: To buy sell,
mortgage. exchange. or otherwise ALLEVIATE or
ac0rIIrr or deal IN real estate whether i'm
moved or uuir1prnvrd in the state Of Louisi-
ana or elsewhere. either for itself or for ac-
count Of others, or As principal or agent. and
On commission or otherwise; also to improve
mo 3rys and assignmcnts of mortgages upon
the same. 10 plot Law out or sub-divide any
and all lands acquired Nv said corporation: TO
erect dwellings and other bulldiugS and i'm
or sell the same: 70 build. erect, construct
and 10 contract for the building. erection and
construction Of all kinds Of h0uses-fiats and
anar,rrrr, bousrs or other buildings of what
ever kind-aud 10 operate. lease or sell the
same; 10 cut bitches, drains or build tram
WAYS for the improvement Of such lands 20
cultivate and sell or manufacture the prod
ucts or aCcrCtIons Of such lands, and TO do
any and all other things whatsoever as NAV
be necessary or incidental to or connected
with the business OF said corporation.
poration is hereby hxed at five thousand
dollars (S5OOO), divided into and represented
by one hundred OoW shares Of the par value
Of fifty dollars $50 each: said shares of
stock shall be issued at par only, and when
issued shall he paid for in cash or property,
or its equivalent All shares of stock shall
be issued as fu paid and worcestershire, and
no transfer Of said stock shall be binding on
said corporation unless recorded on its books.
No stakeholder of said corporation shall sell
his stock to any person until he has offered
IT to the then stockholders of the corporation
at its book value, and any transfer Of stock
made in violation of this provision shall not
be recognized by the corporation.
This corporation shall become a going con-
Germ As three thousand dollars
$4,000 of its capital stock has been sub
scribed
Article 5.-All the powers of this corpora
tion shall be vested IN and exercised by a
board of directors, to he composed OF four
stockholders any two of which shall consti-
tute a quorum for the transaction of the
business of the corporation. The first board
of directors shall be Reuben A. Tansey, Harry
/. Malone, DIR. {. '. krdtt and Eugene
Liebert. with Reuben A. Tansey, pre- sdent !;
Harry T. Malone, as vice president and DIR.
&. Y. Kraft, seCretary-trcasurer, and the said
board of directors shall remain in office until
their successors are elected and indicted into
office at the annual election, which shall be
held on the second Monday of June, A. ID.
1915 and annually thereafter on the said sec
ond Monday of June of each succeeding year,
after ten days previous notice of said meet
ings shall have been given, in writing, TO
each and every stakeholder of the corpora
ton. All directors and officers shall hold
office until their successors are elected and
qualified and any failure to elect at the time
specified in this charter shall not cause
forfeiture of this charter.
In the election of directors, each stock
holder shall be entitled to one vote for each
share of stock owned by him, and may be
cast by him in person or by written proxy,
Any vacancy occurring N the board of direc-
for the uncxpired term At the first meeting
of the directors, after their election and quail.
hcation, they shall elect from among their
number a president, a vice president and
secretary treasurer
Article NI.-All meetings of the stockhold-
ers shall be called by written notices. mailed
to the last known place of address of each
stakeholder not less than ten DAYS before
the date fixed for such meeting unless said
notice shall have been waived, in writing
by the stockholders.
Article NII.-This act of incorporation may
be amended, modified, changed or altered, or
SAID corporation dissolved by the consent OF