The herald., 1914-07-30

CIIARTEE
or EOSENEEt.G-RUWAN COMPANY.
UNITED STATES OE AMERICA, STATE
or LOUISIANA. PARISH or OK.
LEANS. CITY or NEW ORLEANS.
ie 10 known. that on this tenth day OF
jh" month Of July. in the year one thousand
IuIu. hundred Hud fourteen. rrfur- me. John
x. Upton, notary public in and for iu,
parrish Of Orleans, state Of Louisiana. their.
in residing, duly commissioned ami qualified
land in the presence of tine Witnesses herein.
Iti.rr named AND Undersigned personally
|ramr and appeared the several persons
IWuo~c names are ArrruuiD subscribed. all
Tor iAr nun axe OF majority and resident, of
/ this city of New Orleans Louisiana. who
/ declared, That avaiiluE themselves of the
/ provisions of the laws of thl, state relative
/ 10 the organization of corporations. and par
/ tirular.y act No. - Of the General Assembly
| Of 1904, they hereby form themselves ana
organize corporation for tn" objects ami
purposes, ana under the stipu.at.Vns herein
LATTER st forth, to-wit:
| ARTICLE The name and title of this
/ corporation shall be ROSENBEIiG-ROWA
! COMPANY, and by that name it shall have
! nine years from the date hereof unless soon
cr dissolved. II shall have power 10 sue and
Ue sued; 10 borrow money; hold purchase
lease, sell and hypothccatc real and personal
property Tor lis own account ana Tor account
Of others, 10 make and use a corporate seal /;
10 name ana appoint directors, managers and
agents, ana 10 establish such bylaws, rules
ana regulations lOI luc management or iuc
business and affairs of the said corporation
as may be necessary, tn" same To alter at
pleasure; also 10 make and is>Ie bonds and
other evidences Of debt, and TO secure the
same 10y mortgage or UthGrW iSc.
ARTICLE 1.-THE dOmicilc Of this cor
.poration shall De in the city Of New Orleans,
Louisiana, and ali citations and other legal
process shall be served ON the president in
absence of both ON the secretary treasurer.
ARTICLE III.-The objects and purposes
for which this corporation IS formed and
the nature OF the business TO De carried on
by it, are hereby declared TO be 10 deal in,
acquire, purchase, hold, lease, sell and mort
gage real estate, improved and unimprOYed,
.Of whatsoever nature, and all manner of
lands throughout the state OF Louisiana or
elsewhere, and 10 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, hypUthccate, sell or otherwise market
The same in whole or in part; 10 build,
erect, construct, and to contract for the
building, erecting and construction of tcne-
ments, houses, hats 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 TO charge
and collect commissions and compensation
as payment for such services rendered such
corporations, individuals or firms and to do
all things pertinent or gcrmane TO the pow
erS herein granted.
ARTICLE lN.-The capital stock Of this
corporation is hereby fixed at twenty-five
thousand (S2J .OOd.OOD dollars to be divided
into two hundred and fifty t2JOD shares, of
the par value Of one hundred lSlOO.OOJ dol
lars each, payable in cash or its equivalent.
The corporation shall become going CON
Germ when three thousand CS3OOOOUl dol
lars are subscribed to its capital stock.
ARTICLE N.-All the powers Of this cor
.pOration shall be vested in board OF di-
rectOrs composed Of three directors, two Of
whom shall constitute quorum for the
transaction OF all business, which said di-
rectors shall be elected at a general meeting
or 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 f. Bruce Rowan,
Ephriam Rosenberg and Nathan Rosenberg
with L. Bruce Rowan, president; Nathan RO-
senberg, vice-president and Ephriam RoSen-
berg, secretary-treaSurer, who shall exercise
all the functions of this corporation until
their successors are duly elected. Any fail
ure to hold an annual meeting shall not
cause a forfeiture of this charter, and any
vacancy occurring in the board Of directors
from any cause. shall be filled by the remain
ing directors. The said board of dierctOrs
shall have the right to appoint such agents,
necessary, shall fix their compensation, and
have the right to dismiss them at pleasure.
All acts of sale, purchase, lease or other
shall be signed by the president, or in case
OF his absence or inability to act, by the
secretary-treaSurer.
ARTICLE VI.-On the first Monday In
August, 1915, and annually thereafter, there
shall be held a meeting Of stockholders to
elect directors for the ensuing year, which
meeting shall be called after ten days writ
ten NOTICE; said notice to be deposited in the
mail, postage prepaid and directed TO each
stOckhOlder at his or her last known ad-
dress. At said meeting said directors shall
be elected by ballot and a majority of the
votes cast shall be necessary to elect and
each share of stock shall be entitled to one
vote. The shareholders shall vote in person
or by written proxy. Only shareholders
shall be eligible as directors.
ARTICLE NIl-NO stock shall be trans
fcrred except upon the books OF the com
pany. No stOckholder shall be liable for any
faults or debts Of this corporation
in any further sum than the unpaid balance
Of his respective shares.
ARTICLE NIlI.-ThiS act Of incorpOra-
t ion may be changed modified or amended. or
said corporation may be dissolved by a vote
Of threC-fOurthS Of the stock present or rep
resented at a general meeting held for that
purpose, after ten days prior written no
tice provided for in Article VI. and in !
case of dissolution or termination Of this !
act of incorporation. two commissioners shall !
wind up and settle the affairs Of this cor |
poration, and in the event Of disagreement |
between them, they shall elect an umpire |
whose decision shall De- final
Thus done and passed at my Office in this |
city Of New Orleans. Louisiana. on the day, |
month and year hcTeinabOve first written. in |
the presence OF MeSSrs Francis i. Burns |
and Joseph HOckc. competent witnesses. who !
hcrpuntO sign their names. together with the |
said appeare who have set opposite their !
names the number Of shares subscribed by |
them so that this act shall serve as the orig |
inal subscription list, all after due reading |
OF the whole of these presents
(Original siGned) Names Of subscribers
omitted (WitneSSeS) Francis Z. Burns, |
Joseph HOcke. JOHN K. UPTON,
Not. Pub. |
I, the undersigned, recorder Of mortgages, |
in and for the parish OF Orleans, state Of
Louisiana. do hereby certify that the above
and foregoing act of Incorporation Of the
RosenberG-Rowa Company was this day duly
recorded in my office, in book 1921, folio 26s. |
New Orleans, July 18th, 1914.
(Signed) EMILE J. LEONARD, d. r.
4 true copy:
New Orleans, La, July 21st, 1914.
JOHN r. UPTON,
(SeaD Not. Pub.
jul % so aug 13 20 81
CHARTER