The herald., 1915-06-10

+ (cl The capital stock of this corporation
shall be fifteen thousand dollars, Gls,OoO00O
(d) The capital stock of this corporation
may be increased to twenty-five thousand dol
liars, ($25,O0O.OU.
(e) The capital stock as presently consti-
tuted, shall consist of hundred fifty
shares Q5O) Of the par value of one hundred
dollars, $4,000 a share.
i. ~ The domicile OF this corporation shall
be in the City of New Orleans, State OF
Louisiana, where all meetings Of the stock
holders and directors must be held, provided
that with the written consent of all directors,
valid meetings OF directors may be held out
SIDE OF the State or within the State elsewhere
than at its domicie.
Service of all legal process shall be made
upon the President of this corporation, or, in
,his absence, on the Secretary Treasurer.
(g) This corporation shall exist and enjoy
succession tor the tull term and period OF
ninety nine years from the date hereof.
(h) The business and affairs and corporate
powers OF this corporation shall be conducted
Oy Ive SS) directors elected by and from the
stockholders annually, on the third Monday
OF April of each year, unless such day be
a holiday, IN which event, said election shall
take place on the next succeeding day which
Is not holiday. All such elections shall
take place by ballot, and each stakeholder
shall be entitled TO one vote in person or by
proxy, for each share of stock standing in his
name. The majority OF the vote cast shall be
sufficient to elect.
Notices OF all meetings of stockholders shall
be gwen by the seCreatry by written notice IS
days before the date OF the meeting sent TO
law.
The board of directors shall elect from
among themselves at their first meeting, a
President Vice President, Secretary Treasurer,
but the hrst board of directors shall be com
posed OF the following named persons, who
shall serve until the third Monday of April,
1915, or until their successors elected: A.
AschaffenbuTg, 400 ST. Charles Avenue; DIR.
6. A; MacDiarmid, 1922 Jackson Avenue;
Iul nm
Okelley, 1885 Octayis Street, and DR.. Paul
Ress, SO Macheca Building, with A. Aschaf-
fenburg, 1900 St. Charles Avenue as President,
DIR. q. A. McDiarmid, l422 Jackson Avenue,
as Vice President. and Joseph Curry, 40 julia
Street as Secretary Ire ssuTer.
% This article of Incorporation bears the
names and postofhce addresses of the sub
scrIbers to same, and statement of the
number of shares of stock which each agrees
to take.
| % This corporation shall have all the pow
ers enumerated in Section of Act 267 of
the General Assembly of the State of Louisi-
ana for the year 1914 All subscribers hereto
are to pay cash for the amount OF stock sub
scribed.
(k) This act of Incorporation may be
amended, and the corporation dissolved, and
its affairs hquidated, as provided for in Act
267 of the General Assembly of the State OF
Louisiana for the year 1914.
Thus done and passed, in my office, at New
Orleans, Louisiana, on the date, and in the
month and year, herein first above written,
in the presence of +. J. Trepagnier and Leo
6. Aschaffenburg, competent witnesses, resid.
ing in this city, who have hereunto signed
| their names with appearers and me, notary,
| after reading of the whole. Original Signed
! ]. Curry, 42o Julia Street, ten l0) shares; Al.
bert Aschaffenburg, 400 ST. Charles Avenue
! thirty C0) shares; Harry S. Kaufman, 32S Ba
rome street, ten Cl0) shares. per Albert Asch-
effenburg; Albert Aschaffenburg, 400 St
! Charles Avenue, ten Q0) shares; George A
| Wiegand, SIS Poydras street, ten, Qo) shares
Charles Levy, 507 TchOupitOulas. ten; 90
Avenue. ten. QO) shares; II. Goodman, 40
| Poydras Street, ten, QO) shares; John G
O'Kelley, 1885 Octavia Street, ten, Q0D shares
G. A. MacDiarmid, l422 Jackson Avenue, ten
go shares; John T. PepdeI; ISL N, \; Mir Mir
Street, ten, Q0) shares; DIR. Paul L. Riess, Isl!
| Peters Avenue, ten, Q0 shares; Purnell III
Miner, Notary Public. Witnesses: E. ]
TrePnagier, Leo. G. Aschaffenburg. Purnel
NJ. Miner, Notary Public.
| /, the undersigned Deputy Recorder Of Mort
| cages, in and for the Parish of Orleans, State
of Louisiana, do hereby certify that the above
| and foregoing act of Incorporation of the
Beach Terrace Company, Inc, was this day
| duly recorded in my Office in book llS, folio
! 1856, New Orleans. La, April p, 1915. (Signed
Emile J. Leonard, Deputy Recorder of Mort
cages.
! l, Purnell NJ. Miner, Notary Public, duly
commi ssioned and qualified, in and for tn,
Parish of Orleans, State of louisiana, there
in residing, certify thas the foregoing is :
ton of the Beach Terrace Company, Inc, snC
also of the certificate of the Recorder of Mort
cages for the Parish Of Orleans, thereto ap
| pended, on file and of record in my notaria
my hand and affixed my seal at New Orleans
La, this twenty-second day of April, A. ID.
| 1915 (Signed) Purnell NJ. Miner, Notar,
Public.