The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-05
CHARTER
., THE aPoKoRxY ESTATE, INC"

oF THE "POKORNf ESTATE M
GATES If America, State of Louisiana,
up p.ssb Of Orleans, City OF New Orleans
n. :, known, That on this seventeenth day OF
,pea,,h Of July, in the year OF our LORD;
ne ..hogsand nine hundred and htteen, and
one VI.Jenendence of the United States OF
q ING The one hundred and fortIeth, before
hneW Morgan Gurley. a Notary Pu6lc, IN
nc, he Parish of Orleans, State OF Loul-
az duly commissioned and quailhed'
a.n residing, and in the presence OF the
-;,n,sses hereinafter named ana 1iuJi
49, personally came and appeared the
snssss rhose names are hereto subscribed,
pls' ssvsrally declared that awaiting them
W. W. ~ All and singular the laws OF the
49, az Louisiana relative TO the organiza,
sse generations they have covenanted
non I'D and hereby covenant and agree
So s.1 themselves, as well as such persons
nav hereafter become associated win
-, ar succeed them, into, and constitute
IN, or body polite IN law, Tor ttS
Affects and purposes, and undeI inc s''Puld-
..rs following, which they adopt as their
n s;siis 1.-The name of this corporation
All he "Pokorny Estate, Incorporated, and
s.ds, aid name it shall have power and au-
,hority OF existence and succession lot nIHe
xs AZ. 10 contract, TO sue and be sued; to
-. use and break a corporate Seali 10
"a ,eceiye. lease suitcase, purchase, con
Nv or exchange property, real or personal
"A 70 mortgage or hypothecate the same; 70
sa-nv or lend money on or connected with
ii .state or otherwise; to appoint managers
.sc,rs agents, and employees as ITS inter,
~. NAV require; to establish, alter and
800 III rules, regulations and bylaws for
h. conduct and management OF IT'S business
= nav be necessary and proper.
Article 1.-THE domicile Of said corpora
~. shslI be in the city of New Orleans,
S,,, o. louisiana, and all citations or other
is.l process shall be served upon the Pres,
dent Of the corporation; or IN the event Oh
IL absence, upon the Secretary.
lr,iele III.-The objects and purposes OF
40 eorporation are TO acquire, to possess
,cd hold by whatsoever title, immovable
esoerty Of every description, whether Dy
mrchase lease, donation, exchange or othet'
"A, and the same TO sell, exchange, lease
y d;spose of in any lawful manner, TO I'M
,r.ve The same BY the erection of buildings
n.rron- or otherwise as in the interest OF
~ corporation may be deemed proper, and
lor any Of such purposes to borrow money,
,hether on the credit of the corporation or
vrured by mortgage, and to loan money upon
Mortgages or other securities;
THIS corporation is organized for the imme-
date purpose Of taking over certain real es
nit and interest in real estate; whlGh salu
rr,l estate has an estimated value by the
befeinafter named Board of Directors OF one
Hundred and forty-nine thousand, four hun
dsd dollars Csl4o, 10000, and its capital stock
% be issued for said property. IS therefore
fixed at said amount OF one hundred anu
iuty.nine thousand, four hundred dollars
tiSUoOO), as hereinafter shown.
Article IV-The capital stock of this cor.
pofation is hereby declared to be the sum OF
cue hundred and forty-nine thousand, tour
Kindred dollars (sl49, 10000, divided INTO
kurteen hundred and nincty-four Q4s4)
shares Of one hundred dollars CSl0OOOl each,
b be paid for in cash or in consideration Tor
nnovable property or other rights or inter
es pertaining to immovables transferred 10
his corporation in lieu of cash, or from APP
psised value set upon said property by the
Board Of Directors, for which property so s.,
mustered this corporation may issue Its fuIl
paid or worcestershire stock at par.
This corporation shall begin business I'M
nedistely upon the filing Of this charter IN
the Mortgage Office of this parish tor IT'S re-
prdation.
No stockholders shall sell or dispose OF any
Of me stock in this corporation without hrst
having offered the same for sale to the other
sseckholders, BY letter addressed ana ne 4e'
hvered to the President of the Board of Di-
reiors or to the said Board, naming therein
he proposed lowest price or said stock, not
70 exceed the actual value thereof at the
tine Of such offer. After thirty 800 days
fror the receipt Of such written offer ana
% failure Of the stockholders, or any OF
nem to purchase such stock, the owner
hereof shall be at liberty 10 sell such STOCK
fr not less than the price so named by him
other person or persons. ,
Article V-The corporate powers OF ms
ufporation shall be vested in Board OF Di-
reors consisting of FIVE (5) stockholders;
The hrst Board Of Directors shall consist OF
David Pokorny, Rosa P. Adler, Bella r
l<ssy, Mrs. John Pokorny and Mrs. Bertha
!: Kamien, all being residents of the city
New Orleans, Louisiana; and, annually
hereafter, on the second Monday in June, a
beard Of Directors shall be elected by the
aoekholders. All such elections shall be by
ballet and conducted under the supervision
two commissioners to be appointed by the
sesrd Of Directors for that purpose, OF which
section fifteen OS) days prior notice, by reg
tRred mail, to each stockholders address
eau Be given, and each stockholder shall:
such election, or at any stockholders
nsns be entitled to one CD vote for each
1a every share Of stock owned by him as
nosn BY the books Of the corporation. Dr.
NSlofs shall continue in Office until their
sSessors shall have been elected and quail
vacancies occurring in said Board for what
~ cause shall be filled by the remaining
Sxe'ors, and any director may appoint by
'"uns another person, friencly TO said cor