The herald., 1915-02-18

said stock, same shall be offered to any 4
the stockholders, who shall then have tr
days from the date Of offer, to make said pu.
chase of said stock at its then book value, an
in the event neither the corporation, nor b
stockholders shall purchase, then said stod
may be sold TO a stranger.
II. In the case OF dissolution Of this CO..
poration by expiration Of this charter or othr
wise, the stockholders shall elect from thar
number one OF more liquidators, who shls
qualify as required by law, and who sh,l
have full power 10 wind up the affairs Of IL
company, as speedily as possible in accordsna
with law. In the event of death Of any or
of SAID liquidators or inability to serve, u
vacancy shall be filled by the remains
liquidators.
Article II. The object and purpose r
which this corporation is organized. and q
business to be carried on by II, is hereby e
clared to be the buying, selling, exchanges
leasing and dealing in, OF real estate, ana ?
that end to do all and anything incicen1
with, OF pertaining TO said real estate oH'
ness, in all its branches.
Article Ill The capital stock OF this y
poration is hereby fixed at the sum Of eif
teen thousand dollars. TO be Represented J
one hundred and eighty shares OF the
value of one hundred dollars each, which ~
be paid in cash, for property transferred
the corporation or for services rendered, VIZ
in the discretion Of the Board OF Dfeei@
All shares shall be full paid and non-ssssS =
able. AT least fifty per cent OF SAID stoss
been subscribed for the subscription BY RAJ
Y. Dufour is paid for in cash py =
transfer, with full warranty, to the eofpa.
tion of the following described properly, ~
from encumberances and all taxes para o.
A certain portion Of ground, togetneI ".
the buildings and improvements thereon -
all the appurtenances thereunto oeiohg-
situated in the Seventh District OF tnis AZ ~.
in square No. 465 bounded by Carrollton ~,
nue., Oleander Gate l4th street,, sno'', .,,
Calapissa streets, designated BY inc ~
"a" on a sketch by {. Uncas Lewis, ofpsy
city surveyor, dated April 18th, lylo. ann's :.
to an act passed before Felix ]. Drey,oes =
tary public, on April l4th, 1910; sa,a 80 H.
measures hfty-ouc feet, one inch ana VhS -
front on CarrOllton Avenue, one nuno,eoI - y.
one inch on Short Street, by two nunui'I o.
seventy-fve feet, one inch front on h
street, by two hundred and seventy-nw
in depth and front on Calapissa street, sno y. !.
depth on the opposite side line adJoinnsv ~
right of way Of the y. o. 4 MISSISSIPPI -
ley r. K. Of two hundred and tTnnn u. !,
feet and five lines. Appraised by az ~
bearers at the sum of six thousand WI ~
Article ". The corporate powers " go
company and its management shsn ~
in a Board Of Directors composeo o.s,;,ur
a quorum for the transaction OF all DE- ;-rr
Said directors shall be elected this gay ~
diately after the signing Of this ehsi T,,,d,f
hereafter shall be elected on the mrs! n go
of July in each year, and until tneu ~
sors have been elected and quslineo, ~
their election they shall seleet nv .nd 4
number a president, a vice pieslu..,; 40
secretary-treasurcr who shall serve .nr,liES
successors have been elected anu thsIl d
filled by the remaining directors n
Article V. No stockholder shall es ,-,a,|
held liable or responsible, for inc ~, M
faults or debts Of said corporauon,. I'D
any mere informality IN its orgahlIa.;J a
the effect of rendering this charter tn;,;,, N
exposing a stakeholder 10 any hsgg . .hz,1,
yond the unpaid balance due on '"'
subscribed for by him. IL. an n
Thus done and passed in my on,sslssa
day, month and year first aboye VI Wilitj
the presence Of Daniel J. Murphy an. ~ n
X. Douglas Jr., competent witnesses ~ sotid|
signed with the appearers and me- W.
after reading the whole. .,
Names of subscribers omltted;; =. No, Pss
/, the undersigned recorder o. S,ate
in and for the Parish Of Orleans -. ~
Louisiana, do hereby certify una; Of
and foregoing act OF incorpoian this =
Gilbert Realty Company, Inc; wa ~. q
duly recorded in my Office, in BOOK LEI
697. ,o,, fsusI
New Orleans, January 18th, l'i'' Wv
EMILE LEONARD, Dy. r. 80. IA
/, the undersigned, notary puooiiS
for the Parish Of Orleans and Sy hoe
Orleans, do hereby certify thar nal s u
Incorporation Of the Colbert Realty GI ~
Limited" and OF tie certificate 2,
corder of mortgages, thereto s2psns
whole on file in my Office. New UT NJ
uary 10th, 1915. A. GUILBAULi'
Public, 3l5 Carondelet.
Ian. 2l-28, Feb. 4-ll-ls-2