The herald. [volume] (New Orleans, La.) 1905-1953, 1915-10-14
THE HER AID

at least ten days prior to such election, but
this notice may be waived by all of the
stockholders.
AT all such elections, and at all meetings
OF the stockholders, every stakeholder shall
be entitled to one vote for each share of
stock standing in his name, on the books
OF this company, at the date OF the said
election or meeting; said votes TO be cast
in person by written proxy and ma
JOrlty of votes shall elect
The failure to elect directors at the annual
meeting shall not dissolve or affect the cor
poratlon, nor impair its management in any
respect, but the directors in office shall re-
main IN office until their successors are elect
ed and qualified
Each board of directors shall elect as soon
as possible after their own election a presi-
dent. a vice-president and a secretary
treasurer, and may grant 10 each officer such
powers 1t deems Int.
All vacancies in the board from whatsoever
cause shall be filled by the remaining direc.
tors. Any member of the board may appoint
any other director his proxy TO act in his
place and stead at any meeting Of the board
Article NII.-This act of Incorporation NAV
be modified, changed or altered, or the said
corporation may be dissolved with the as
sent of two-thirds of the capital stock out.
convened for that purpose, and after ten
days notice has been given by registered
letter, mailed to the last known address of
each stakeholder. The said notice may be
stockholders.
In case of dissolution of the corporation.
its affairs shall be liquidated by the dI-
rectors in Office at the date of its dissolu-
ton.
Article NIII.-No stakeholder shall ever
be held liable for the faults or contracts of
the said corporation in any further sum than
the unpaid balance due to the corporation on
the shares OF stock owned by him, nor shall
any mere informality in this charter have
the effect of rendering this charter null
or exposing any stakeholder to any liability
beyond the unpaid liability due on his stock
Article lN.-Ihe subscriptions Of James f.
Warner OF hve shares OF the capital stock of
this corporation to the amount OF FIVE hun
dred dollars, and of Ira J. Warner of one
hundred and twenty shares, to the amount
OF twelve thousand dollars, covered by
the transfer to this company this date by
James +. Warner of certain real property
located in the city of New Orleans, wherein
the said James +. Warner transfers the said
property to this corporation for the sum
and price Of twelve thousand five hundred
dollars, out of which sum there shall be
issued five shares OF the capital stock of this
corporation amounting TO five hundred dol
lars, to himself, and one hundred and twenty
shares amounting to twelve thousand dol
lars, to Ira J. Warner; all as per act Of
sale before Lyle Saxon, the undersigned no.
tary, passed this day and recorded in
c. o. b. 276 of the Parish of Orleans.
The subscription OF Mrs Marie c. War
ner, nee Courtin, wife of James +. Warner,
by her husband James f. Warner, duly aid
ed, authorized and assisted, OF one hundred
and twenty-five shares OF the capital stock
of this corporation to the amount of twelve
thousand five hundred dollars is covered by
the transfer to this company on this date by
the said Mrs. Marie c. Warner, nee Courtin,
wife of James f. Warner, duly aided au-
thorized and assisted by her said husband,
Of certain real property located in the city
of New Orleans; all of which is fully
shown by Act of Sale passed before Lyle
Saxsn, the undersigned notary, on this day,
and recorded in c. o. r. 279, folio l57, OF the
parish of Orleans.
That the above property herein transferred
by the said James +. Warner is valued by
him at twelve thousand five hundred dol
lars, and the above transferred herein by
of James f. Warner, is valued by her at
the sum of twelve thousand five hundred
dollars; and these valuations have been ap-
proved by the board of directors of this cor
poraton, and the said transfers of the said
property by the said parties accepted by the
board of directors of this corporation, where
by stock shall be issued in payment of the
said property transferred by the said
parties as set forth above; all OF which the
board OF directors above named concur and
agree.
Article X.-The subscribers hereto have
respectively written opposite their names the
amount of stock subscribed by them to this
corporation, so that this act of incorporation
list of the corporation, and they have stated
their postoffice addresses TO conform
with Act No. 267 of the General Assembly
of the State of Louisiana for the year 1914
Thus done and passed in my office in the
city OF New Orleans, State of Louisiana, on
the day, month and year first above written,
in the presence of Justin Green and Sol.
Weiss, competent, legal witnesses, of full
age of majority, and residents of this city,
who hereunto sign their names together with
the said appearers and me, notary, after
due reading of the whole.
Original Signed: J. Z. Warner, 5 shares,
2625 Columbus ST., New Orleans; Mrs. Marie
{. Warner, l25 shares. l authorize my wife,
Mrs Marie c. Warner 1923 Columbus St,
New Orleans, ]. f. Warner; Ira J. Warner,
40 shares, 36l2 Banks ST., New Orleans; II.
d: Richardson, share, 34Ol St. Charles St.
Witnesses: Justin Green, Sol. Weiss
LYLE SAXON, Notary Public.
/; the undersigned recorder of mortgages,
in and for the parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of War
ner Realty Co., Inc" was this day duly
recorded in my office in book ll57, folio 453,
on 18th day of August, 1915.
(Signe6 EMILE J. LEONARD, by. r.
/ hereby certify the above and foregoing
to be a true and correct copy of the original
file in my notarial Office in the city of
New Orleans, together with the certificate
of the recorder Of mortgages.
New Orleans, August 7, 1915
LYLE SAXON, Notary Public.
sept 9 l6 q 80 oct IA
CHARTER