The herald., 1914-08-20
CHARTER
OF ROSENBERG-ROWAN COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS, II OF NEW ORLEANS.

OF ROSENBERG-ROWAN 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 and fourteen, before me, John
X. Upton, a notary public in and for the
parish OF Orleans, state OF Louisiana, there
in residing, duly commissioned and qualified,
and in the presence OF the witnesses herein
after named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed, all
OF the full age Of majority and residents OF
this city Of New Orleans, Louisiana, who
declared, that awaiting themselves OF the
provisions OF the laws OF this state relative
10 the organization OF corporations, and par
ticularly act No. 7S OF the General Assembly
Of 1904, they hereby form themselves and
organize a corporation for the objects and
purposes, and under the stipulations herein
after set forth, tO-wit:
ARTICLE The name and title of this
corporation shall be observation-disclosures
COMPANY, and by that name ii shall have
and enjoy succession for the term of ninety
nine years from the date hereof, unless soon
err dissolved. Ii shall have power TO sue and
De sued 10 borrow money hold, purchase,
lease, sell and hypothecate real and personal
property for its own account and FOR account
of others TO make and use a corporate seal
to name and appoint directors, managers and
agents, and to establish such bylaws, rules
and regulations for the management OF the
business and affairs OF the said corporation
as may be necessary, the same TO alter at
pleasure also TO make and issue bonds and
other evidences OF debt, and to secure the
same by mortgage or otherwise.
ARTICLE 1.-THE dOmicile of this cor
p~oratiOn shall be in the city Of New Orleans,
Louisiana, and all citations and other legal
process shall be served on the president in
his absence on the vice-president, and in the
absence of both on the secretary-treasurer.
ARTICLE IIl.-rhe objects and purposes
for which this corporation is formed and
the nature of the business to be carried on
by ii, are hereby declared to be 10 deal in,
acquire, purchase, hold, lease, sell and mort
gage real estate, improved and unimproved,
OF whatsoever nature, and all manner Of
lands throughout the state OF Louisiana or
elsewhere. and to develop, improve, drain
and TO plot out into subdivisions any and
all such lands, erect dwellings and other
buildings and Improvements thereon, and to
lease, hypothecate, sell or otherwise market
the same, in whole or in part; TO build,
erect. construct, and TO contract for the
building, erecting and construction of tene-
ments, houses, fats or apartments and other
buildings OF like character; to build and
operate tramways; to act as agent for other
corporations, individuals or firms, for the
sale Of lands, collecting of rents and placing
insurance, and in this capacity 10 charge
and collect commissions and compensation
as payment for such services rendered such
corporations, individuals or firms, and TO do
all things pertinent or Sermane to the pow
ers herein granted.
wi SA - ANANbg 49, ~ v
thousand CS25, 0Od.00) dollars, TO be divided
into two hundred and fifty (250) shares, Of
the par value OF one hundred 100000 dol
lars each, payable in cash or its equivalent.
The corporation shall become a going con-
Germ when three thousand (S3, 000. 00D dol
lars are subscribed TO its capital stock.
ARTICLE V.-All the powers OF this cor
p~oration shall be vested in a board OF Gi-
~rectors composed OF three directors, two Of
whom shall constitute a quorum for the
transaction OF all business, which said di-
rectors shall be elected at a general meeting
OF the stockholders OF this corporation TO be
held on the first Monday in August Of each
year, and notice OF which election shall be
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 FIRST
board OF directors, viz: z. Bruce Rowan
Ephriam Rosenberg and Nathan Rosenberg,
with E. Bruce Rowan, president; Nathan Ro-
senberg, vice1president, and Bphriam Rosen-