The herald., 1914-09-17
THE HER AID


for the subscriptions to the capital stock of
this corporation, otherwise than cash, for
services rendered or performed, IS hereby set
forth, described and itemized as follows TO-
wit:
ta) The two story brick building and lot.
located at 6l5 and oil Poydras ST. thu, ciry.
being lot No. 3 in So. No. H5. bounded by
PoydraS, Camp, Commercial Alley and ST
Charles SIS, mcaSurIng twenty-five feet front
On PoydraN ST by nincty.i"o and onc-haii
feet In depth. with an alley-way, SIX feet
wide, running along the river side Of SAID
property; sand property being IN good CoudI-
ton; renting for $1,000 per month and valued
al 100000, and which property, when trans
tered by authentic act, Is and shall be aC-
Cepted by this corporation upon the signing
of these articles of incorporation, IN full pay
mcut and settlement OF the amount ui capital
stock subscribed by the owners Of the sand
property corresponding to the amount and
value Of the said property herein described
and to be transferred by the owners thereof.
~ exchange for ITS equivalent IN capital Nto,k
u tins corporation. The sand property above
described shall bc transferred 20 ihi, cprpur-
alton subject to the mortgage resting thereon
a. are shown by the public record, OF thu,
parish. and which mortgages tins corporation
agrees 10 assume and pay.
tbD The one story frame double cottage and
lot. located AT 400 and l2JS Carrullton Ave.
tins city. being lot No. IN So No 7ol bound
ed by Carroliiou Ave, Ulloa, Pcarrc and
D.llcmccourt SITS. lot measuring thirty.thrcr
feet IN depth. said property Is M good CON
dlupn; rents Tor $500 per month and is val
ucd Al Sl.o"NN, and which property, when
transferred by authentic act, IS and shall he
accepted by tins corporation upon the sign
my OF these articles OF Interpretations IN full
payment aud settlement of the amount Of he
capital stock subscribed by the owners OF
SAID property corresponding To- the amount
and value Of the SAID property herein de
sCrihcd.
Co The restaurant business, goodwill. fin
lures, equipment, effects and contents Of tie
restaurant known as the METROPOLITAN res
ING al OILS and OH POydraS St, tins city,
which restaurant business and goodwill CON
si>t Of a continuous and prosperous restaurant
business for the past i've years which +,
valued n Sl,WuD0 The restaurant. fixtures.
equipment, effects and contents consist OF a
marble top horseshoe counter and foot rail
MY revolving counter stools, two large re-
iugcratorS, three iron pipe marble top ser.
wee ana supply stands, uvC marble top Ia
Dies, ten chairs, two ranges. two dish trotigiI,.
stock case and containers, scales urus cooler.
show case, dishes and cooking utensils and
every other thing therein and thcrcunto be-
longing, which Is valued At the sum Of 81.
5000. No debts are held or resting upon any
part OF the said personal property hcreinaboyc
described. This corporation agrees u accent
and hereby accept the above described per
iiai stock OF tins corporation corresponding to
me estimated value of the said personal pr0p-
cTty a. herein stated.
cd The certain office furniture equipment.
books and effects, contained in Offices IN the
front room on the second floor Of building
lls-+N and 42i 81. Charles St. and in room
90 on the sixth floor OF the Audubon building
IN this city, which office furniture eur,rn-
mcnt and effects OF these two offices, consist
OF desks, tables, chairs, filing cases, law H.
Drdry, books and book cases safe and all
the other things contained therein and there
unto belonging, which IS owned by William
L. IuGT. - al s.l : II ~
OF which tins corporation agrees to accept and
hereby does accept in full payment Of the
amount OF subscribed capital stock of this
corporation corresponding to the estimated
value OF the SAID personal property as herein
stated. The office furniture. equipment and
effects OF the office herein described and To-
Gated al 90 Audubon building. shall be trans.
tcrred 10 this corporation subject To a certain
Judgment held by the owners Of the Audubon
building, which judgment this corporation
agrees 10 assume and pay, provided the Judy-
mcnt - held to be valid and the said office
furniture, equipment and effects made sub
Ject thereto.
The stock OF this corporation may he trans
TERED, provided such transfers shall be re-
corded upon the books OF the corporation he
fore II shall be required to recognize the
transfer or the new holder Of said stock
The total amount OF the subscribed stock,
As hereinafter set forth, i the sum Of sew
cntccn thousand nine hundred dollars, winch
Is hereby authorized to be issued, full paid
OF the above described property To this cor
poratIOn, provided that the shares of stock
herein subscribed in excess Of the amount Of
property to be transferred, IS and shall be
paid IN cash or its equivalent by the subscrib-
ers thereof
The first officers Of this corporation. their
names, addresses and amount Of the capital
stock subscribed by each. follows: William
l. Pocr, t25 st. Charles St, president l.5OO
shares; William McGilvray, 40 Audubon
Bldg, vIce-prcsIdent one share; Ruth l.
Pocr, 425 81. Charles ST., secretary and treas
urer two hundred and eighty-scvcn shares
I1annleI Rei!ey. GO Audubon Bids, one
share; Hubert NJ. Ansley. 6z5 Audubon Bid,
one share. Total shares, l,,g0
Al the termination of this charter or at its
dissolution tor any cause, its affairs may be
tqudated according 10 the provisions OF act
56I OF the acts OF 1914 and the general laws
Of this state, by three commissioners, select
ed by the stockholders, in accordance with the
provisions of said act.
Thus done and passed, at my office in the
city OF New Orleans, on the day, month and
year herein above first written in caption
hereof, III the presence of Mcssrs. T. Percy
Niosca and Albert G.. Bear, competent wit
ncsSeS who have signed these presents to-
Eether with said appearers and me, notary
after due reading of the whole.
Original signed: William L. Peer. Ruth |.
ioer, William McGilvray, Danniel J. Reiley,
Hubert NJ. Anslcy. Witnesses: F. Percy Vi.
1sca, Albert G. Bear
r. \. TICHENOR. Notary Public
|, 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
Poer y Company, Inc. was this day duly re-
,ordcd IN my Office, in book ll27, folio -
New Orleans, September IS, 1914
(Signed) EMILE J. LEONARD. by. r
K A. TICHENOR, Notary Public.
sept II "A oct IS p