The herald., 1914-07-23
CHARTER
OF MARTHA'S REALTY COMPANY.

United States of America, State Of louisiana,
Parish of Orleans City OF New Orleans.
Be it known that on this 18th day of the
month OF june, in the year one thousand nlne
hundred and fourteen, before me, Scott +.
Beer a notary public in and for the parish
OF Orleans, State OF louisiana, therein TeSid-
ing, duly sworn, commissioned and qualihed,
and in the presence OF the witnesses herein
after named and undersigned, personally came
and appeared the several parties whose names
are hereunto subscribed. who seveTally de-
clared that, availing themselves to 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, as well as all other persons
who may hereinafter become associated with
them, to form a corporation for the objects
and purposes hereinafter set out, and under
the articles and stipulatons as follows, to-
wit:
Article 1.-The name of this corporation
shall be the MARTHAS REALTY CON-
| PANT, by which said name the said corpora
tion 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 domicile shall
| be in the city of New Orleans, State of Lou
| and be sued; to make and use a corporate
| SEAL and the same to break and alter at
pleasure; to hold, receive, lease, purchase,
sell and convey, as well as mortgage, pledge,
| and hypothecate, under its corporate name.
property, real, personal, and mixed; to bor-
row and lend money and to give and receive
obligations therefor; to name and appoint such
| managers, agents and employees as the busi.
ness may require, and to make such rules
| 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 II.-All citations and other legal
process shall be served on the president, and
| IN his absence on the vice-president, and in
| his absence on the secretary-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
| the business to be by il carried on are here
declared to be 10 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
! nent purposes, and TO do ali things necessary
| and incidental to the said purposes above
stated, or in any way related to or connected
| Herewith.
| Article IV.-The capital stock of this cor.
poration is hereby fixed at the sum OF len
| thousand dollars $4,000, to be represented
| by one hundred O0O) shares of the par value
| Of one hundred dollars (sl0W each. which said
| capital stock may be increased or decreased
| according to the laws Of this state
| Capital stoc k shall be issued for cash, and
also at not less than par, in payment for
iaooI done and actually performed for the
oeneht OF this corporation, for the actual
cash value OF property, rights, good will, etc,
transferred 10 the said CORPORATION and re-
ceived by the said corporation, or for any
valuable consideration as the board of direc-
tors shall see TIT and proper. Transfers of
stock shall be binding on this corporation
only when made on the books thereof, sub
ject TO rules and regulations prescribed bv
said board This charter shall be in full
force and effect. and mis- corporation shall
be going concern as soon as three thousand
subscribed for.
Article V.-All the corporate powers of the
corporation shall be vested in a board Of di.
rectors, to be composed of three members,
stockholders, of this corporation, any two OF
the said board Of directors, shall constitute
quorum for the transaction of the business