The herald., 1914-07-23
CII\KTEK

jul - 50 aug Is 20 -
OF ROSENBERG-HOWAN COMPANY:
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, CITY OF NEW ORLEANS
BE it known, that on this tenth day of
the month Of July, in the year one thousand
nine hundred ana fourteen, before me, John
X. Upton, notary public IN and Tor the
parish OF orleans, state of Louisiana, there
in residing duly commissioned and qualified,
and in the presence OF the witnesses herein
.aTcr named ana Undersigned. personally
came and appeared: the several persons
whose names are hcrcuntO subscribed all
of the full age of majority and residents OF
this city of New Orleans, Louisiana, who
declared, That awaiting themselves of She
provisions of The laws Of this state relative
10 the organization OF corporations, ana par
tICuldrIy act No. - OF the General Assembly
of 1904, they hereby form themselves ana
organize Il corporation Tor the objects and
purposes, and under the StipuIaJiOus herein
after set forth, Iu-wiJ.
ARTICLE The name and title of this
corporation shall be ROSENBERG-ROWAN
COMPANY, and by that name IL shall have
and enjoy succession tor the term Of ninety
nine years from the date hereof, unless soon
er dissolved. II snail have power TO sue and
.De sued; 10 borrow money hold, purchase,
lease, sell and hypOthcCate real and personal
property for lis own account and Tor account
OF Others 10 make and Use a corporate seal E;
TO name and appoint directors, managers and
agents, ana 10 establish such bylaws, rules
and regulations Tor the mauag cmunJ of the
business and affairs OF the said corporation
as may be necessary, the same TO alter at
pleasure, also 10 make and issue bonds and
other evidences of debt, and To secure the
same by mortgage or otherwise.
ARTICLE u.-The dOmicie of this cor
.poraJiOn shall be in the city OF New orleans,
Louisiana, aud all citations and other legal
process snail be served on the president; in
MS absence ON the vice-pTeSident, and in the
- %
ARIlCLE lIl.-The objects and purposes
for which this corporation Is formed and
the nature of the business To be carried ON
by II, are hereby declared 10 De 10 deal IN,
acquire, purchase, hold, lease, sell and mort
gage real estate, improved and unimprOyed,
Of whatsoever nature, and all manner OF
lands throughout the state of Louisiana OF
elsewhere, and 10 develop, improve, drain
and to plot out into subdivisions any and
all such lands, erect dwellings and other
buildings and improvements thereon, and IL
lease, hypOthecate, sell Or otherwise market
the same, in whole or in part; TO build
erect, construct, and 10 contract for the
building, erecting and construction of tcne-
ments, houses, flats or apartments and other
buildings of like character; 10 build and
operate tramwdys; to act as agent for other
corporations, individuals or nrmS, for the
sale of lands, collecting of rents and placing
insurance, and in this capacity TO charge
and collect commissions and compensation
as payment for such services rendered such
corporations. individuals or firms, and to dc
all things pertinent or gcrmane 10 the pow
erS herein granted
ARTICLE IV.-The capital stock Of this
corporation is hereby fixed at twenty-five
thousand ISL, OOd.UOD dollars, to be divided
into two hundred and fifty (2JOJ shares, OF
the par value Of one hundred (SlOOUOD dol
lars each. payable in cash or its equivalent
The corporation shall become a going con
Germ when three thousand tS3,OOO.OOD dol
lars are subscribed to its capital stock.
ARTICLE N.-All the powers of this cor
no. hp n of al
rectors composed of three directors, two OF
whom shall constitute quorum for the
transaction of all business, which said di
rectorS shall be elected at general meeting
of the stockholders of this corporation to bt
ned ON the first Monday in August of each
year, and notice of which election shall bt
given each stakeholder by at least ten days
written notice addressed to his or her last
known residence.
The first election for directors under this
charter shall take place on the first Monday
in August. 1915, until which time the follow
ing stockholders shall constitute the hrSl
board of directors, viz: T. Bruce Rowan
Ephriam Rosenberg and Nathan Rosenberg
with T.. Bruce Rowan, president; Nathan Ro
senberg, vice-presdent, and Ephriam Rosen
berg, sccretary-treasurer, who shall exercise
all the functions of this corporation until
their successors are duly elected. Any fail
ure to hold an annual meeting shall not
cause forfeiture Of this charter, and any
vacancy occurring in the board of directors
ing directors The said board of dierctOrs
shall have the right to appoint such agents
and managers or other employees as may b,
necessary, shall fix their compensation, and
have the right to dismiss them at pleasure
All acts of sale, purchase, lease or Other
shall be signed by the president or in cast
lof his absence or inability to act, by the
secretary treasurer.
ARTICLE VI.-On the first Monday in
August 1915, and annually thereafter, there
a no a nicotine stockholders
elect directors for the ensuing year, which
meeting shall be called after ten days writ
ten notice; said notice to be deposited In tine
mail. postage prepaid and directed to eac1
stakeholder, at his or her last known ad
dress. At said meeting said directors shall
be elected by ballot and majority of the
votes cast shall be necessary 10 elect, and
each share of stock shall be entitled to one
vote The shareholders shall vote in person
or by written proxy. only shareholders
shall be eligible as directors.
ARTICLE Vino stock shall be trans
ferred except upon the books OF the com
pany No stakeholder shall be liable for any
contracts, faults or debts of this corporation
in any further sum than the unpaid balance
Of his respective shares.
ARTICLE NIII-This act or incOrpora
ton may be changed. modified or amended OF
said corporation may be dissolved by vote
Of three-fourths of the stock present or rep
resented At a general meeting held Tor ina,
purpose, after ten days prior written no
case of dissolution or termination or TINS
act Of incorporation, two commissioners shall
wind ND and settle the affairs Of this cor
poratiOn, and in the event of disagreement
between them. they shall elect an umpire
whose decision shall be final.
Thus done and passed at my Office in this
city of New Orleans. Louisiana, on the day
month and year hereinabOve first written II
the presence of MesSrs Francis /. Burns
and Joseph HOcke. competent witnesses. who
hereuntO sign their names, together with the
said aDpearerS, who have set opposite theii
names the number of shares subscribed by
them so that this act shall serve as the orig
inal subscription list. all after due reading
of the whole Of these presents.
(Original Signed) Names of subscribers
omitted. (Witnesses) Francis 7: Burns
Joseph Hocke. JOHN X. IPlON,
I. 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 or tht
Rosenberg Rowan Company was this day duly
recorded in my Office. in book 1927, folio 26S
New Orleans, July 18th, 1914.
(Signed) EMILE ]. LEONARD, ID. X
A true copy:
New Orleans, La, July 21st, 1914.
JOHN r. UPTON,
(Sean Not. Pub.