The herald., 1914-10-15
CHAR TER
OF POER AND COMPANY, INC.
September H. 1914

| SSptSi4OcI ~ lSIA,
| United States of America, State of Louisiana
| Parish OF Orleans, City of New Orleans
he II known, that on this fourteenth day OF
| the month OF September, in the year of ouI
| Lord, one thousand nine hundred and four.
teen Q9l4) and of the independence of IN,
United States of America the one hundred
and thirty-ninth Q39) before me- Rolla A.
Ilchenor, notary public, duly commissioned
and qualified, IN and for the city of New Or.
leans, parish OF Orleans, state of Louisiana
therein residing, and in the presence of the
undersigned competent witnesses; personally
came and appeared the several persons whose
names are hereinafter stated and undersigned
who Severally declare that they have coyen-
anted and agreed, and do by these presents
covenant and agree, and bind and obligate
themselves, as well as such other person or
persons as may hereinafter become associ-
ated with them, or succeeding thereunto 10
form and organize themselves into a corpor-
alton and body polite in law, under the pro-
visions Of, and in accordance WITH the gem
eral laws of the state Of Louisiana, and espe-
clally and particularly, under act No. 2o7 OF
the acts of 1914, of the General Assembly Of
the state OF Louisiana, for a term of ninety
nine (gS) years from date hereof and under
the name OF 'Poer and Company, lncorporat-
ed, the domicile whereof is fixed and de-
clared to be IN the city of New Orleans par
lsh of Orleans, state of Louisiana, and its
objects and purposes being:
LIST. 10 engage in, carry on and conduct
restaurant and hotel business, to operate
run and manage, to buy, purchase, erect, build,
construct, improve, to rent, lease or ub-lease
to furnish, supply and provide for to sell,
transfer, convey and deliver, hotels and res
taurants and appurtenances thereunto appcr-
tanning, and to do each and everything nee
essary in connection Herewith which NAV
lawfully be done, in the state of Louisiana
or elsewhere in the United States of America
IND; 10 engage in, carry and conduct
a real estate and brokerage business, to buy
own, hold, build, improve, develop or culti-
vate, to sell, transfer, mortgage, pledge, hy-
Pothecate, rent, lease or suitcase, to borrow
or loan money on any and all property, real
personal and mixed or movables of any and
all kinds whatsoever, and to do each and
everything necessary and incidental thereto
or IN any way thereunto appertainng, which
may lawfully be done in the state of Louisi-
ana, or elsewhere in the United States of
America;
3rd. To maintain, operate, conduct and
carry on, the above businesses, in all partic-
ulars the same as if each thing necessary and
incidental thereunto and thereunto appertain.
ing, was and had been specially provided for
and incorporated herein.
The capital stock of this corporation shall be
twenty thousand (S20,0O0O0) dollars, divided
INTO two thousand (2,00Ol shares, of the par
value of ten $1,000 dollars, each, provided
that the amount to which the capital stock
may be increased shall be one hundred thou.
sand CSl0O,0O00O dollars;
Fifty per cent of the capital stock of this
corporation must be subscribed before the
ming OF the articles of Incorporation: ffty
per cent of all stock subscribed for must be
actually PAID IN before the corporation en-
cages IN business and the remainder shall be
paid IN within twelve months from the date
OF the hlIng OF the articles of incorporation
all as provided for by section 2 of act No. 267
OF the acts of 1914, of the general assembly
OF the state of Louisiana.
The subscribed capital stock of this cor.
poration shall be payable in cash, property
real or personal or for services performed or
rendered, under the general laws of this state
and specially under section of act No. 267
OF the acts of 1914, of the general assembly
OF the state OF Louisiana.
All the affairs and corporate bowers of this
corporation shall be vested in a board of di
rectors, composed of not less than three and
not more than nve stockholders, TO be elected
rom rom among the stockholders by ballot, annu.
ally, on the second Monday of Septer7ber of
zach year, beginning with the wear 1915. or
3n any subsequent day fixed by the board of |
directors, IN case no election having taken
place on the second Monday of September of |
zach year as aforesaid. Each share of stock
shall be entitled to one vote. in nerson or h., |
proxy. The board of directors Of this corpo- |
atlon Shall have the power and authority 10 |
ieiegate and confer upon any officer or en- |
royce OF this corporation full power and au-
hority, 10 manage, operate and conduct anv
IT all of the affairs of this corporation as tbs
interest and convenience of the corporatiou
nay require. The board of directors shall
lave the power and authority to adopt a seal
no 10 make and establish such bylaws, rules |
nd regulations for the operation. manage.
nent and conduct Of the corporation as ITS
mars may require, and the same to alter or
mango at pleasure; and to do all acts and
hings permitted by law, or as shall or NAV
3 necessary and proper to carry out the OBJ.
ects and purposes of this corporation, the
anne as IT each thing necessary and Incl.
entail thereunto and thereunte appertaining
Ias and had been specially provided for and
Incorporated herein.