The herald., 1914-07-16
CHARTER
CHARTER
OF MARTHA'S REALTY COMPANY

Parish Of Orleans City OF New Orleans.
BE 1t known that on tins Eth day ot the |
month OF June, IN the year one thousand nine |
hundred and fourteen, before me, Scott T.. /
Beer, a notary public III and Tor the parisn /
of Orleans State OF Louisiana, therein Tesll |
lug. duly sworn, commissioned and qudilhcu, |
and IN the presence Of the witnesses herein |
after named and undersigned, personally came |
and appeared the several parties whose names |
are hcrcuuto subscribed. who Severdlly de |
clarcd that, availIng themselves 10 the laws |
OF the State OF Louisiana, IN such cases made |
and provided, they have contracted and agreed !
and do by these presents, contract, agree and
bind themselves, well as all other persons !
who may hereinafter become associated with |
them, 10 form corporation tor the OBJECTS |
and purposes hereinafter set out and under
the articles and SupulatIons Is follows, TO-
Article The name of this corporation
shall be the MATTHIAS REALTY COM
PANN, by which said name the said corpora
ton shall have and enjoy corporate existence
and succession for the term OF nInety-nine
years from and after the date hereof, unless
sooner dissolved by law. Its d0mlci!e shall
he in the city Of New Orleans, State Of Lou
| iSiana. 1t shall have power TO contract, sue
and be sued; TO make and use a corporate
| seal, and the same to break and alter at
| pleasure; 10 hold, receive, lease, purchase,
| sell and convey, well as mortgage, pledge
! and hypothccdtc, under ITS corporate name
! property, real, personal, and mixed; 10 Dor
! row and lend money and 10 give and receive
obligations therefor; to name and appoint such
| managers, agents and employees as the bust
|
and regulations and bylaws as may be neces-
| Sary and proper for the proper management
Of the said business, and to alter and amend
| Article ULAll citations and other legal
| process shall be served the president, and
! in his absence on the vice president, and IN
his absence on the secretary y-treaSurer. or some
| one designated for the purpose by the board
| of directors.
! Article III.-The purposes for which this
! corporation is established and the nature of
] -. ir.s1 -, he nv 1 led on
| declared to lie to buy and sell real estate IN
| this city and elsewhere; as well as TO deal
in real estate in all ways, such as agents for
sale and renting purposes, and also develop
| ment purposes, and to do all things necessary
and incidental TO the said purposes above
stated, or in any way related TO or connected
Article IV.-The capital stock Of this cor
poration is hereby fixed at the sum of ten
thousand dollars $1,000, to be represented
by one hundred 200 shares of the par. value
Of one hundred dollars (SlO0 each, which said
| capital stock may be increased or decreased
| according to the laws OF this state.
| Capital stock shall be issued for cash, and
also at not less than par, in payment for
labor done and actually performed for the
benefit of this corporation, or for the actual
cash value of property, rights. good will, etc,
transferred to the saia corporation and re-
ceived by the said corporation, or for any
valuable consideration ss the board of direc.
tors shall see ft and proper Transfers Of
stock shall be binding on this corporation
only when made on the books thereof, sub
iect to rules and regulations prescribed by
said board This charter shall be in full
force and effect, and mis- corporation shall
be going concern as soon as three thousand
dollars of its capital stock shall have been
subscribed for.
Article V.-Al the corporate powers of the
corporation shall be vested in a board of d-
rectors, TO be composed Of three members.
stockholders, Of this corporation, any two of
the said board of directors, shall constitute a
/, quorum for the transaction of the business
, ard the affairs of the said corporation:
The first board OF directors shall be the
r following: Nose Hollander, president: Fer
demand Hollander, vice president; L. +. Hol-
, lander, secretary treasurer, and each succeed
ing board of directors shall be elected on the
! year. All directors shall hold office until
their successors are elected and qualified
All such elections shall be by ballot at the
office of the corporation, TO be conducted as
the board of directors shall provide. Notice
of every such election shall be given all stock
: holders Of this corporation at least three days
prior to the date of said election by letter
addressed to the last address of said stock
holders as shown by the books of the com.
pany. Every stockhold der shall be entitled tc
a vote for each and every share of stock
\ this corporation, to be case in person and by
: proxy in writing. and A majority. of votes
thus cast shall elect or determine all matters
Z All directors shall have the right to appoint
in writing a proxy to take his place at any
n and all meetings of the board of directors
: and to take part in the deliberation thereof
one wear, and any vacancies shall be filled
for the term by the remaining directors A
c failure 10 elect directors on the date specified
. shall not dissolve this corporations but The
4 directors then in office shall continue in office
j. until their successors are elected and quail
fed. Each director shall own at least on,
r share Of stock The board of directors shall
2 elect from its number a president, a vice
: president and secretary treasurer.
e Article Nl.-Whenever this corporation shall
!, | he dissolved either by limitation or other
! affairs shall Ac liuTtiIated by tt1,
v | commissioners TO be appointed by the stock
3 holders thereof, convened at a general meet
a ing Of the stockholders, of which meetinj
r notice shall be given TO all stockholders a
II provided in the following article of this char
!. ter. majority Of stock represented at tn
d said meeting shall elect, Said commissioner
4 shall remain in office until the affairs of tn
i, | corporation are fully liquidated. In case 0
n death Of one OF the commissioners the othe
s shall serve alone.
e Article NII.-This act Of incorporation ma
v be altered, amended or modified. or this cor
!; poration may be dissolved with the assen
n of three-quarters of the stockholders repre-
K Sented at a general meeting of the stock
,. holders, held for that purpose. after motto
>. thereof shall have been mailed to the las
v residence Of said stockholders (as appear
= on the books of the corporatinn) three day
e prior Of the said meeting and a pubicatio,
thereof in one of the daily papers of Ncy
4 Orleans, La. for ten days prior to the sal
- meeting.
i Article VIII.-No stockholder shall ever p
II held liable for the contracts or faults of thi
II corporation in any further sum than the ur
Of paid balance due by him his stock. sub
a scription; nor shall any inforrnalties in OF
E ganization have effect Of rendering this char
r ter null or dsposing and stockholder to an
rs further liability than the unpaid amount di
o on his stock certificate.
? The list of stockholders annexed heret
r. shall serve Of the original list Of stockholder
:. Of this corporation.
N Thus done and passed in this Office on IN
Of day. date, aforesaid. in the presence {
rs Messrs. Edward Roche and Frank Kleir
n schmidt, competent witnesses, who have her,
n unto signed their names. together with III
ID said appearers and me, notary, after du
e reading Of the whole
(Signedl:
e, NOSE F. HOLLANDER. % shares - 500
re FERD. HOLLANDER, by Nose Hollan-
ID LAZARD F. HOLLANDER. share -. II
u SCOTT E. BEER, Not Pub. (Seal)
I'd Witnesses:
lgi EDWARD ROCHE
st FRANK KLEINSCHMIDT
ir I, the undersigned recorder of mortgage
ct in and for the parish Of Orleans. State
e Louisiana, hereby certihes that the above ar