The herald., 1914-06-11
CHARTER
OF THE LOCKPORT REALTY COMPAN,

y IL.
June 4th, 1914
United States of America. State Of Louisiana.
Parish Of Orleans, City Of New Orleans.
lie II known, that On this fourth day OF the
month OF June IN the year Of our Lord one
o. 81 'J"d nine hun"rti md fourteen. and Of
Of the independence Of the United States of
America, the one hundred and thlrty-eighth .
before me: GuStavc a. I.lambias, notary
public, duly commits SIoned. sworn and uuali-
ned IN and for the parish Of Orleans, and in
the presence of the witnesses hereinafter
named and undersigned personally came and
appeared the several persons whose names are
hcTeunto subscribed and who are Of full age
ana residents OF this city.
And the SAID parties declared that. avaling
themselves OF the laws of this state relative
to the organization of commercial corporations.
nant, agree and bind themselves, as well as
such other persons as may hereafter become
associated with them, TO form and constitute
corporation tor the objects and purposes and
under inc articles and Strpulations follow
Article One-The name and title Of this
corporation shall be the "LOckport Realty
company. In its said name and corporate
capacity, 1t shall have and enjoy succession
tor the term of ninety-nine years from the
date hereof, and shall have the power and
authority to contract, sue and be sued; to
make and use a seal and the same TO break
ana after at pleasure; to receive, purchase
| mold, lease, sell, exchange, mortgage and
| pledge property, both real and personal; 10
| issue bonds, notes and other certificates OF
evidences of Indebtedness; to name and an.
point such managers, agents, directors and
| ofhcerS as ITS business or interests and con.
| YenienceS may require; and make and estab
| iiSh' as well as to alter and amend from
Time TO time, such bylaws, rules and reprtIa.
| tons tor the proper conduct management
| ana regulation OF the affairs of said corpora
| ton, as may be necessary and proper.
| Article Iwo.-Ihis corporation shall be do
| miclled IN the city of New Orleans, and al
| citations or other legal process shall be serve
on the president, or, in his absence, on the
| vce-president.
Article Three.-The objects and purpose.
| Tor which this corporation is organized anl
| the nature OF the business to be carried on b,
| II are hereby declared TO be: to buy, sell. dea
! IN noid or improve property, movable i'm
| noVaple or mixed; TO that end to acquire
by purchase, lease hire or otherwise, land,
| ana property, improved or uniuprOved M
| any interest therein; 10 hold. manage, sell
| transfer; mortgage otherwise encuuber
."e Idnus or other holdings of the company
10 purchase, construct, erect, equip repair arg
sen houses and buildings of every dcscriD
uoni and generally, in carving on its busi
| ness or Tor the purpose OF attaining or fur
| lntrlhS any ot ITS objects, to do any and al
uhlnys which a natural person could do. anc
| by law "'''''' 'N'
Article Four.-Thc total authorized capita
| STOCK or thus corporation is TWENTY-FIVE thor
Sand dollars tS25,O0OuOl, divided into two hun
IrSd and hity shares t2SU Of one hundre,
dollars tSlINl each. To be paid for in rssh n,
IN property valued by the shareholders Of IN,
| company al a meeting called for that burmese
Article tIve-All the powers of this cor
PoTdton shall be vested in. and be exercise
| ey' board Of directors 10 be coruDosed a.
LNT St"cNhoIderS, who shall be elected. b,
second tuesday Of the month Of January O.
Gg'h year at the domicilc of the corporation
! Inc hrNt election Of directors Of this com
| Pt"F Nh'I De held accordingly in the montl
4f4l L..
! lowing shareholders shall serve as directo~
| OF ms Corporatlon: Frank l. Barker. Rich
| @'d, BARKER. Dclyarlle H. Theard Leon Gail
! ''I9annc and Manuel Primo.
| HE officers of this corporation shall he
| president vlCc-prcSrdeut and a secretary,
| treasurer, and shall be chosen hv the boar,
nt directors from their own number ~ III,
| hrSi meeting following the annual cIcrti%,
81 directors above provided for Mr. Franl
| Il. hdrHGr' Mr.. Leon Gaillardaurc and Mr.
! Nl'hard Barker shall be Respectively the frs
! president; vice-prcsidcnt and secretarv.trcas
| u'rf OF ihlS corporation.
said board OF directors shall have srecia
power ana authority 90 borrow money thr,rrgl
! lu' president or other duly authorized apen
! or agents; to execute mortgages: issue notes
/ bonds or other obligations: and peDcr,lIy ;
| do all things reasonable and rccrss5ry' n
.'c proper carrying on Of the business Of III
Article SiiN.--This act of Incorporation ma
! be modified, changed or altered. or said co,
| p0ratuu may be dissolved. with the assent q
| 'lTee-iour'hS of the capital stock represents
10 genera! meeting OF the stockholders cor
Ns"eH Tor that purpose after previous motto
gwen by mail, addressed 10 each stockbolde
81 recon! ON the books Of the corporation am
asPgN'.ea m the post-ofice at New Orlean,
~ least ten days before the date Of sue
| meeting.
Article .Scyen.-No stakeholder shall eve
ne heid liable or responsible for the cor
| tracts o. faults Of this corporation in an
! further sum than any unpaid balance due o.
| the Shares ot stock owned by him: nor sha'
any mere intormalIty in organization hav
| the effect OF rendering this charfer null =
OF exposing a stakeholder 10 any liability be
yond the amount due on his stock.
| Article Eighth the event of he dissolu
| tion of this corporation, its affairs shall +
| liquidated by three lguidators chosen fror
! the shareholders, and these shall be electe
| by ballot at a meeting of said shareholder:
Article Nine.-In order that this chartc
may also serve as the original list of stoc
subscriptions, each of the appearers heret
has placed opposite his signature the numbe