The herald., 1914-07-09
CHAR TER
OF THE LOCKPORT Really COMPANY
I.,-e 3tl MA

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NN'!r 'Nt Inc name and tlilc ot tins
corporation SAai be tho Lo,Nrurt Realty
company. In rs Sa'd name and corporate
capacity, u shall have and ENJOY succession
! Tor me Term oi ninety nine years from the
date hereof. and shall have the power and
authority 10 contract, sue and he sued, to
| make ana use seal and the same 70 break
and alter AZ pleasure; 20 receive, purchase.
! hold, lease, sell. exchange, mortgage and
| pledge property both real and personal; 10
! issue bonds: notes and other certificates or
evidences % Iudc1tt tdu"Nsi to name and ap-
| point su'h managers, agents, directors and
| officers as Us business OF interests and con
! y'uen,cN may require; and make and cstab
/ iNh, a. well as 10 alter and amend from
| timc u time, such bylaws, rules and regula-
| uouS Tor the proper conduct, management
| and regulation OF the affairs ui sand corpora
/ uon, a. nay bc necessary and proper.
| ATIC.c Two lhIs corporation shall be do
| wciIcd IN the city Of New Orleans, and all
citations or other legal process shall be served
/ on the president. or, IN his absence, on the
F,t-pIE ENldGut.
Article lhree.-Ihe objects and purposes
/ Tor which tins CORPORATION - organized and
/ the nature OF the business 10 be carried on by
| It are hereby declared 10 be: 10 buy, sell, deal
| ln' hotd or improve property, movable, I'M
| movable or mixed; 10 that end 10 acquire,
| by purchase, lease, hlre or otherwise, lands
and property, improved or uuImprOved, or
any interest therein; to hold, manage, sell,
! UanSieT; mortgage or otherwise cucumber,
the !dnds or othtT holdings ot the company
to purchase construct, erect, equip, repair and
! sell houses and buildings OF every descrlp-
| ton; and generally, IN carrying on its busI-
| ness, or tor the purpose OF attaining or fur,
| 'hcring any OF its objects, to do any and all
things which a natural person could do, and
| which now or hereafter may be authorized
| by law.
Article Four.-The total authorized capital
! stock OF this corporation IS twenty five thou
| sand dollars (S25,O0OOO, divided into two hun
dred and fifty shares ESQ of one hundred
| dollars tSluG) each, 10 be paid for IN cash OF
| IN property valued by the shareholders Of th,
company at a meeting called for that purpose
| Article Flye.-All the powers OF this cor
poration shall be vested in, and be exercseC
by, board OF directors TO be composed o
hive stockholders, who shall be elected, BY
ballot. at a stockholders meeting held on tn,
second Tuesday of the month of January Q
each year at the domicile of the corporation
The hrSt election Of directors OF this com
pany shall be held accordingly in the montl
OF January, 1915, and until that time the fol
lowing shareholders shall serve as director
| OF this corporation: Frank l.. Barker, Rich
| ard Barker Dclvaille ii. 1heard, Leon Gail
| ldrdannc and Manuel Primo.
The officers OF this corporation shall be
president, vice-presdent and secretary
eaSurer, and shall be chosen by the boar
OF directors from their own number at tn
first meeting following the annual electio
l.. Barker, Mr.. Leon Gaillardanne and NJ
, Richard Barker shall be respectively the frs
president, vIce-pTeSldent and secTtary-treds
: urer of this corporation.
power and authority to borrow money throug
; the president or other duly authorized ager
! or agents; to execute mortgages; issue notei
bonds or other obligations; and, generally, I
! do all things reasonable and necessary fc
r corporation.
Article Six.--This act Of incorporation. ma
: be modified, changed or altered, or said col
poration may be dissolved with the assent {
three-fourths of the capital stock rePresente
a vened for that purpose, after previous motto
{ given by mail, addressed TO each ockholdt
| of record on the books OF the corporation al
d deposited in the poSt-othce at New OTlean
{ meeting.
!, Article .Seven.-No stockholdeI shall ev'
e tracts or faults of this corporation in an
the Shares @ of % stock S owned by him. nor shs
e any mere informality in organization ha,