The herald., 1915-02-04

said stock, same shall be offered to any !
the stockholders, who shall then have I'd
days from the date OF offer, TO make said ps
chase of said stock at its then book value, Al
in the event neither the corporation, nor q
stockholders shall purchase, then said stsI
may be sold to a stranger.
II. In the case OF dissolution OF this cr
poration by expiration OF this charter o. otnr|
wise, the stockholders shall elect from ths1
number one or more liquidators, who shi|
qualify as required by law, and who sai|
have full power 10 wind up the affairs o. y
company, as speedily . possible IN accoroan]
with law. In the event Of death OF any ri
of said liquidators or inability to serve, II
vacancy shall be filled by the remains
liquidators.
Article II. The object and purpose
which this corporation is organized, ana
business to be carried on by It, IS heteoy
clared to be the buying. selling excnans111
leasing and dealing in, OF real estate, ana
that end to do all and anything ineio ~
with, or pertaining 10 SAID rear es's''
ness, in all its branches. 49,. :.
Article Ill The capital stock OF ms II
poration is hereby fixed at the sum Of ~
teen thousand dollars, TO be represents i
one hundred and eighty shares oil INC
value of one hundred dollars each, when III
be paid in cash, for property ransle". ~;
the corporation or for services IeneeI 49,
in the dis re ion OF the Board OF Dn 80
All shares snail be full paid ana non ..sl N
able. At least fifty per cent OF saio s'o
been subscribed for the subscription oy "a
Y. Dufour is paid for in cash "
transfer, with full warranty, TO tne a'rt]
ton of the following described pIoPev, Il
from encumberances and all taxes Pa,I'
A certain portion Of ground. togetns,
the buildings and improvements tnt hsiora]
all the appurtenances theIeun'o a. N
situated in the Seventh DisuiSt Vi ,,.a. Al
in square No. +65 bounded by CsiiVSsh o-, n
nue., Oleander date l4th street., gnu IA.
Calapissa streets, designated oy INC ~
"a" on sketch by c. Uneas S e,o 80. M
city surveyor, dated April 18th, Iyie sn
to an act passed before Felix y pfey,'o 81
tary public, on April l4th, l9i0i ssia ~ n
measures fifty-one feet, one inen anseas.d n
front on Carrollton Avenue, one n nuaa,sd \
one inch on Short Street, by two nua ~ 81
seventy-hve feet, one men nVns seve d
street, by two hundred and sevensy .. I'D
in depth and front on Calapissa sue;.;ns
depth on the opposite side line adloin,s'y
right of way OF the y. o. & MissSslw, 40,
lev X. X, Of two hundred and t~e wen H.
| feet and FIVE lines. APPRAISED oy dall,rs
bearers at the sum Of SIX tnousane "a h
| Article ". The corporate poNnsh :. y,s|
| company and its management snan a a
in Board of Directors eomPoSmsu ,oastit
| stockholders, three OF whom sn~'u bu,ird
| a quorum for the Transaction 81 ~. dsy ind
| Said directors shall be elected TINS oay ., !
diately after the signing OF TINS sn Nspd
hereafter shall be elected on the ms s;, sucd
of July in each year, and until tnnss.a. a
| sors have been elected and qusnfne.. n
| their election thew shall select. iio" "a
number a president, a wee .,n,; u
northumberland who shall serve M
successors have been electeo anu shzli
| Vacancies occurring on saio ooA'N
filled by the remaining directors.
Article V. No stockholder s ~. coatrs
held liable or responsible, TOT tn nor 4
| faults or debts Of SAID corporation, n
| anv mere informality IN its organizatloTT n
the effect of rendering this ehai'e; ,b;lity
exposing a stoCknOldcr to any ~, ID
| yond the unpaid balance due OH NA~
subscribed for by him. oatce. o.
Thus done and passed in my ,ss,,,,tea|
day, month and wear first ABOVE will
the presence OF Daniel J. Murphy anu 10
r. Douglas Jr., competent ~iines ,s he sod
signed with the appeareIs ana mt
after reading the whole. .,
Names Of subscribers omItteq;; No, N
| A. GUILBAULl, W. "o,,s
I, the undersigned recorder o. Cad
in and for the Parish d Ofiea.'' -, a
Louisiana, do here by Gritty thst
and foregoing act OF ine9rporsl.oH ,h;s
Gilbert Realty Company, Inc; vas ~
duly recorded in my oace, III BOOK -
6e7. l., ,o,, fsiF
New Orleans, January 18th, l'lS' va
EMILE LEONARD, by. R. 90. IA
/, the undersigned, notary PupDii,s a
for the Parish Of Orleans and w .bo1
Orleans. 10 hereby certify that the :,s III d
a t. C and correct copy % the oi ,.s. corp
Incorporation of the Gilbert Realty Sy ths
4 Limited" and of the certificate I'D
corder Of mortgage, thereto appIssas.
whole on file in my Once. New , Ut Nd
uary 10Th, 1915. A. GUiLBAULi'
Public, 3lS Carondelet.
J. Ian. 2t,28, Feb. 4-ll-ls-2s.