The herald., 1914-07-30
CHARTER
OF MARTHAS REALTY COMPANY.

United States Of America, State of louisiana,
Parish OF Orleans City Of New Orleans.
Be 1t known that on this 18th day OF the
month Of June, IN the year one thousand nlne
hundred and fourteen, before me, Scott r.
Beer, a notary public IN and Tor the PARISH
OF Orleans, State OF Louisiana, therein reSid-
ing, duly sworn, commissioned and quallhed,
and in the presence OF the witnesses herein
after named and undersigned, personally came
and appeared the several parties whose names
are hercuuto subscribed. who seyerally de-
Cared that, avaiing 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, well as all other persons
who may hereinafter become associated with
| them, 10 form corporation for the objects
and purposes hereinafter set out, and under
| the articles and stIpuations as follows, to-
wit:
Article The name of this corporation
shall be the MARTHAS REALTY COM
| PANN, by which said name the said corpora
| tiOn shall have and enjoy corporate existence
and succession for the term OF ninety-nInc
| years from and after the date hereof, unless
sooner dissolved by law. It's domicIle shall
! be IN the city Of New Orleans, State Of Lou
! is'ana. 1t shall have power to contract, sue
and be sued; TO make and use corporate
| seal and the same TO break and alter at
| 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 10 give and receive
obligations therefor; to name and appoint such
managers, agents and employees as the busi-
! ness may require, and 10 make such rules
/ and regulations and bylaws as may be neces-
/ sa-y and proper Tor tho proper management
| Of the said business. and 10 alter and amend
{ the same a pleasure.
Article lI.-AN citations and other legal
process shall he served on the president, and
! m his absence on the vice-p-esideut, and IN
I his absence on the Scc-etary-tTe or some
| one designated for the purpose by the board
Article III.-The purposes for which this
/ corporation Is established and the nature ot
| the business 70 be by II carried on are here
declared 90 be 70 buy and sell real estate in
this city and c'ScW here; as well as TO deal
Z In real estate IN all ways. such agents for
/ sale and renting purposes, and also develop
/ wen- purposes, and TO do al things necessary
| and incidental 20 the said purposes above
/ stated. or IN any way related 10 or connected
! Herewith.
Article IV.-The capital stock Of this cor
poration Is hereby fixed at the sum Of te.
/ thousand dollars $4,000, 20 be represented
/ by one hundred l1O shares Of the par value
! Of one hundred dollars (SlOO each. which said
! capital stock may be increased or decreased
/ according TO the laws OF this state
! Capital stock shall be issued for cash. and
! also at not less than par, in payment for
! labor done and actually performed for the
| benefit OF this corporation. or for the actual
cash value Of property, rights, good will, etc.
transferred 20 the said corporation and re-
ceived by the said corporation, or for any
valuable consideration as the board Of direc-
! tors shall see ht and proper. Transfers Of
stock shall be binding on this corporation
only when made on the books thereof, sub
iect 70 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
dollars of its capital stock shall have been
subscribed for.
Article V-All the corporate powers of the
corporation shall be vested in a board of d.
reetors, 70 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