The herald., 1914-08-13
CHARTER
- ONiPANN OF
D- THE ORANGE LANDS CONF
NEN ORLEANS.

NV IN -. -5,b dav of the
+ ht " fI.".'' a.: 49,, 49, me thousand nine
...g,.I - f.,,rtr,n and Of the Indcpcnd-
/ l'.'' ,I. i-~it-i State Of America the one
/ ea.e I'd ''' - .-Ith before me- Herman
/ ,,y.T.S' +,,.-y ru5ltc. duly COMM STONED
/ 81 .,r,-I,r,E m and for thI, city and me
-, ~ Orleans and o. the presence ui me
/ $780,. .' t,,-,.,r..Et,r named and uudeTsl gned,
/ wines ID. IA ,rr,l-rA the several per
. t' l-. me, are Hrreuutu subscribed,
.'.' I'LL. declared ihat. ayailIuR them
/ W. a., r-,yfr,gr. Of thr statutes and
~ IN, .r.t, Of Louisiana relative 20 The
/ ..'0 . . -o-r,n-sriors they have cove
rI "a .g--,l and do by these presents
.-',. md .grrc, and bind and unllftte
I RI a, All such persons as
4 ."-'. .,- r...-r, associated with them,
! '. " -.f constitute, a body corporate and
/ ... -. ~ for the objects and purposes
/ I'D under thc st5P-.auous and PROVISIONS
/ go. Tho name and title OF TINS cor
-. shall be- the ORANGE LANDS COM
/ ',N.N tE NEW ORLEANS. and under thdi
hin l..v. md enjoy al the nights.
...'.' . a ,..,.g.r.,....r., Granted By law io
/ 49, "a shall have the power and
/ ..E .r.,,. rr enjoy succession and corporate
/ .,.,,,r.,. f.- AND during the period Of ninety
. .... ...~. from H.. date hereof. unless
.o'nr5T 1'5 s- D" ''''
| prov .i'' -,..-...f.,- shall have power and au-
'h1.t'y u ....'', .,-,-,,. seal. and the same
/ ""Ee anu r.. ,.tI..rf AZ pleasure. t1 hold
! 20 ''''"' ..'. ,..,r,ry deliver. mortgage,
| -, .F rl,Eyr any property, real
! hNr"I"''a.r - o., Ism. notes and other
| "t pc. ....''' '-.,,t,hfa Instruments OF other
/ .t'''.'7' -. 80 have and employ such
''.As..,' Va - md rfrrr employees as the
/ interest and convenience Of said cor9rauonP
nv -, or demand. and 20 make and
~ - - Iy.lav-s rules and regulations
ill.,, rlrro-,riar's management and control
'.' l'., - J,,.,7,d necessary and cNpcdIcnt.
| d., .a II Tho dnruicllc Of this corpora
| .At"l.,r - 80 the riry Of New Orleans,
,IuH ,F OrIs7ns state OF Louisiana, and all
/ par VI IA ntI,r legal process shall be
l'. ia, I'', -, the president, and, in his alb
| -. mo-, the vice prcsidcut, and, IN the
absence Oh ri The objects and purposes for
N'L r. rnr,ora,inn is created are hereby
T T.,',,r n he 10 buy. SELL mortgage, ex-
49,, ar Otherwise ALLEVIATE or acquire or
| - -.,I estate improved or unImprDved,
~. .t -. s,,tr ~ Louisiana or elsewhere, either
~, ' ;,se,f or for the account Of others, either
d, u.s. and also 10 Improve property, real
! ~ rerson,I. TO take mortgages and assign
mcnts of mortgages upon the same, and 10 DO
Ia, and ali other acts or things whatsoever
H. t-9rs,ction Of the business Of said cor
| -,
kTticIe IV-The capital stock of this
CORPORATION is hereby fixed at the sum
| - tvyenty-fye thousand dollars lS25UDl,
Ty;Jcd INTO and represented by two hun
dred and fifty ESQ shares OF the par
,r,Ire Of one hundred dollars $500 each
said shares OF stock shall be ISSUED al par
only. and when issued shall be paid Tor IN
| r,sb or Droperty or in the equivalent thereof
| All shares OF stock shall be issued as iuli
na;d md worcestershire, and no transfer OF
IA stcrk shall be binding said corpora
- ,,,lcss recordcd on its books.
No Stakeholder Of said corporation snail
sell his stock 10 any person until he has Of
cred il 10 the then stockholders OF the cor
no-atior a, rs books value, and any transfer
~ stool made in violation of this provision
Shall not be recognized by the corporation.
This corporation shall be going concern as
soo, ss three thousand dollars $4,000 OF its
ranital stock has been subscribed as herein
hove proyided
Article V-All the powers Of this corpora
tior shall be vested in and the management
and control of its affairs shall be exercised
nv a board of directors, TO be composed OF
not less than FIVE ~ nor more than nine (9)
Stockholders, any three of whom shall constr
tute a quorum for the transaction OF the busl,
ness Of the corporation The first board OF
directors shall be composed of Chas. +,
CeIbkr p Brady /. NJ. Dalgarn, {. II
Willard. Never Eiseman, with Chas. f.
Gelhke as president. l.. NJ. Dalgarn, vice
president and Meyer Eiseman, secretary.
trcasurer' and the said board of directors and
said officers shall serve ,nd remain IN othce
until the second Monday in June, 1915, on
which day. and annually thereafter, the board
of directors shall be elected by the stock
holders at A meeting called for that purpose
All directors and officers shall hold Office un'
iii their successors are elected and qualhed
and any failure to elect directors shall not
be regarded as a forfeiture of this charter.
In the election Of directors each stockholder
shall be entitled to one vote Tor cach snare
Of stock owned by him, whlch may DC cas-
either IN person OF 10y uus % Iii IL,
anu u.dJ"!i ny % ~ - ~. boarJ of direc
s 80 - slid no the remaining directors
g. a.. ,,oxn;,ed term Al the first meeting
of the directors. after their election and quail.
fcation. they shall elect from among their
own number president, a vice-president and
secretary-treasurer.
Article Nl.-Ail meetings OF the stockhoc
ers shali De called ~ written notee LId,Iee
to the last kno"n ADDRESS Oh eaSn
s Us g. .,,cb r,ee;;,c ,,,Iese said motto,
: bas hcen w.iyeJ in drifting nv the stock
: boIdeIs
I Article Widths act of incorporation ma,
be amended, modified, changed or altered
/ or this corporation may pc dissolved will
. the consent OF the stockholders holding ant
owning three-t3urths OF INC capitaI STOCK mere
, o'' WIZ may P ,"ai.toi Po.e.,J g..
: neetlng oi tHe s!oS NnDioeIs eoiE ,l 10
. Git,e, purpose u ""'NH O"e ''O''Ne mas Oe''
Z Wbcnever this corno,at;on shall he dis
$ solved either bv limitat,on or from any othe
' cause, its affairs shall be liquidated by thre,
] commissioners to be appointed for that pur
| pose from among the stockholders at meet
ing oil the stockholders convened Tor tina
ONCE until the affairs OF SAID corpsratisi
: shall be fully and hnally liquidated. An!
/ vacancy occurring among the lquldators from
:. remaining commissioners.
I Article VIII-No stockbolder shall ever n
$ liable or resonsible for the contractsn !.
e 81. ~. ns,; ioi s"e - E. Esp
: aus % 'lle 80 a'Ioh IN any iurlier sur