The herald., 1914-12-10


enbcrgcr a rotary public, duly commits IOuct
and qualified IN and for the parish of Orleans,
and III the presence OF the WITNESSES hcrCIuaI.
ter named and undersigned personally came
and appeared: the persons whose names are
hcgtuLtO subscribed. who declared that avail.
ING themselves OF the provisions OF the law
OF TINS state relative 10 the organization OF
COrpOra.i ms, they have Coycnanted and agreed
ard by thee presents do covenant and agree
and bind themselves we'll such other
persons - may hereafter become associated
with them, 10 form end constitute corpora
ton and body polite IN law for the object
and purposes and under the stIpulations and
agreements following, which they adopt As
their charter.
Article The name and title Of this cor.
poratIon shall be 'Bokeniohr Realty Com
pany. Incorporated"
Article 1.-THE objects and purposes for
which tins corporation Is organized and the
nature Of the business 10 be carried on by il
are hereby declared TO be TO deal in, buy and
sell for its own account and for account OF
others, real estate, lands and teuemeutS,
mortgages, mortgage notes, bonds, shares OF
stock and other securities, TO lend money on
property. real OF personal, on bonds, stocks,
mortgage notes and other securities. to lease
rent or hire property and make leases; 10
act as broker, agent or trustee for lndIvIdu-
ais, hrmS OF corporations, and generally 10
do and perform all other and such acts. mat.
tiers and things as may be necessary or in
cidental 10 the proper management OF its al
taIrS and TO carry out any OF the purposes
herelnaboSe set forth or contemplated in this
charter.
Article III.-The capital stock Of this cor.
poratIon Is hereby fixed at twenty-five thou
sand dollars.
Article IV.-The capital stock Of this cor.
poratiou may be increased to fifty thousand
dollars.
Article V.-The capital stock of this cor.
pOration Is hereby divided into and repre-.
scented by two hundred and fifty shares OF
one hundred dollars each, payable in cash OF
its equivalent. The stock shall be evidenced
by certificates issued and signed by the
president and secretary treasurer OF the cor
poration.
Article NI-Transfer Of stock shall be made
only on the books Of the corporation subject
TO such regulations and 'Nrnalities as the
board OF directors may pt o. Any stock.
holder wishing to sell hl. :; must offer
the same IN writing TO the U,.CC stOCkhO,i
ers, through the board Of directors. al a price
not exceeding the book value thereof, who
shall have an option to purchase all shares
OF stock to be disposed OF by sale, resigna-
ton, death or otherwise of any of its men,
bers, and they shall have thirty DAYS in
which to accept decline said offer; should
said stakeholder have an opportunity OF dis
posing OF his stock at a less price than that
at which it was offered to the board he must
again offer said stock to the other stockhold-
erS at such reduced price IN the same manner
and under the same conditions as above set
forth. Any sale or transfer made by a stock
holder in violation of this article shall be
void and transfer of stock shall be made
on the books of the corporation unless the
provisions thereof strictly complied with.
Article NII.-The domcile of this corpora
ton shall be in the city of New Orleans,
state of Louisiana, and all citation and legal
process shall be served the president of
the corporation, and in his absence on the
vice pres ident. and in the absence of both on
the secretary-treasurer.
Article Nl1l.-This corporation shall have
full power and authority to have and enjoy
corporate existence for the full term of nine
IL L. <.
tract, sue and be sued; to make and use a
corporate seal and the same to break or alter
at pleasure; TO borrow money, issue bonds,
certificates OF Indebtedness, notes or other
evidence of debt; to hold, receive, lease, sub
lease, purchase. sell and convey as well as
mortgage, hypothecatc and pledge property
both real and personal; to make and appoint
such officers, directors. managers, clerks and
other employees as the interest of the cor
poration may require; and to make and es-
tablish such bylaws, rules and regulations
for the proper management and regulation OF
the affairs of the corporation may be re-
quisite and proper and the same to change,
alter amend at pleasure.
Article lN.-All the corporate powers OF
this corporation shall be vested in and ex-
ercised by a board of directors to be COM
posed of seven stockholders who shall be
elected by ballot. The first election shall be
held on the first Monday in January, 1915
and annually thereafter on the first Monday
in January in each year at a general meeting
CdilCu lpI lUdI purpose. Fl1teen Gays prior
notice of each election shall be given in writ
ing TO all stockholders. Each stakeholder
shall be entitled to vote for every share
Of stock owned by him either in person or
proxy, and a majority of votes shall elect
a failure to elect directors on the day fixed
shall not dissolve the corporation, but the di.
rectors then in Office shall continue TO act
and another election shall be called as soon
practicable after fifteen days notice in
writing to each stakeholder; vacancies on the
board of directors shall be filled by the re.
naming directors and four directors shall con-
stitute quorum for the transaction of bust
ness. The board of directors shall elect from
among its number a president, a vice-presi.
dent and a secretary-treasurer, and il shall
appoint such other officers, clerks, agents and
employees as IT may deem necessary and
proper and dismiss the same at its pleasure.
Article N.-This corporation shall be au.
thorized to commence business at once.
Whenever this corporation is dissolved either
by liquidation or from any cause its affairs
shall be iiquidated by three commissioners 10
he elected from among the stockholders at a
general meeting convened for that purpose
after thirty days prior notice in writing 70
each stockholder and by publication in one
of the daily newspapers in New Orleans. The
said commissioners shall remain in office until
the business and affairs of the corporation
shall have been fully liquidated In case OF
vacancy in the number of said commission
ers the stockholders shall fill the vacancy.
Article XI.-This act OF incorporation may
be changed, modified or amended or this cor
poration may be dissolved at a general meet.
ing of the stockholders convened for that pur-
pose after thirty days prior notice, to each
stakeholder in writing and by publication
in one of the daily newspapers in New Or
leans on complying with the requisites of the
law.
Article XII-No stakeholder shall ever be
held liable or responsible for contracts OF
this corporation or for the faults thereof in
any further sum than the unpaid balance due
on shares of stock subscribed for by him.
nor shall any mere informality in organizing
have the effect of rendering this charter null
or of exposing a stakeholder to any liability
beyond said unpaid balance due on stock
Article XIII.-The following named persons
are hereby declared to be the first board OF
directors and they shall hold Office until the
first Monday in January, 1915. or until their
successors are duly elected and qualified. viz
Jackson Bokenfohr, 40 Poydras, New Orleans
Miss: Joseph Bernard Bokenfohr, 1876 Lau.
rel Street New Orleans, La: Mrs. Rosa
Joachim, Ocean Springs, Miss; Mrs. Eliza
beth Brand, 1910 Laurel Street. New Orleans
La. Mrs. Helen Burgunder, 81 Morgan Bou-
levard, New Orleans. La, and Miss Louisa
II. Markell, 1910 Laurel Street, New Orleans
La, with the said Jackson Bokenfohr as
vice-president, and the said Joseph Bernard
Bokenfohr as secretary-treasurer.
Thus done and passed. City OF New Orleans
in the presence of Charles J. Schopp and
Aaron L. Powell, competent witnesses who
have signed with the appearers and me, no.
tary, after reading.
Original signed: Mrs. Elizabeth Brand
gunder, Joseph B. Bokenfohr. Mrs. Rose 10.
achim,- B. F. Joachim. per Mrs. Rose Joachim
Miss L. Markell. Jackson Bokenfohr.
Witnesses: Chas 7. Schopp A. L. Powell.