The herald. [volume] (New Orleans, La.) 1905-1953, 1915-11-11
CHAR
OF THE EMMER ESTATE, INCORPO
RATED.
United States of America. State Of Louisiana
ParISh Of Orleans CITY OF New OIleans.

| United States of America. State of Louisiana,
Parish OF Orleans, City of New Orleans.
J BE 1t known, that on this thirteenth day
| of the month of September, IN the year OF our
, Lord thousand nine hundred and htteen,
\ and of the independence of the United States
| of America the hundred and torueth,
/ before me, Lawrence y. Janin. notary pub
| lie. in and for the parish of Orleans, State OF
| Louisiana, duly commissioned and qualified,
! therein residing. and in the presence OF the .
| undersigned witnesses, personally came and
| appeared the persons whose names are here
| unto subscribed, who severaly declared that
| availng themselves Of all and singular the
| laws OF the State of Louisiana relative TO the
| organization OF corporations, they have COW
| enanted and agreed. and hereby covenant and
| agree form themselves, as well as such
| persons as may hereafter become associated
with them succeed them into and constI-
| tute corporation or body polite in law
for the objects and purposes and under the
| stipulations following which they adopt as
their charter, tO-wit:
Article The name of this corporation
! shall be "Emmer Estate, Incorporated and
under said name II shall have power and au-
thorty Of existence and succession for ninety
nine 1927 years from and after the date OF
this act; TO contract to sue and be sued;
to make and break corporate seal; to
hold, receive, lease, suitcase, purchase, CON
vey, or exchange property, real or personal,
and to mortgage or hypothecate the same; TO
borrow or lend money on or connected with
| real estate or otherwise; to appoint mana
gers, officers, agents and employees as its IN
terests may require; to establish, alter and
amend all rules. regulations and bylaws for
the conduct and management OF ITS business
as it may deem proper.
T / Article 1.-THE domicile of said corpora
ton shall be in the city of New Orleans, State
; Of Louisiana, and all citations or other legal
process shall I've served upon the president OF
: the corporation. or in the event OF his alb
SenCe on the secretary.
Article III.-The objects and purposes OF
: this corporation are to acquire, to possess and
..rnl Ia ~
hof every description, whether by purchase;
lease, donation, exchange or otherwise. and
= the same to sell, exchange, lease or dispose
! Of in any lawful manner, to improve the same
T by the erection of buildings thereon, or other
= wise as in the interest of this corporation my
be deemed proper, and for any such or other
{ purpose to borrow money, whether on the
! credit OF the corporation or secured by mort
< gage, and to loan money upon mortgages or
other securities.
e This corporation is organized for the purpose
: Of taking over certain real estate and interest
e in real estate; which said real estate has an
7 | estimated value by the hereinafter named
II board of directors Of approximately twenty
e six thousand, eight hundred dollars, and its
n capital stock to be issued for said property IS,
IS therefore, fixed at said amount of twenty six
G thousand, eight hundred dollars, as herein
! after shown.
y poration is hereby declared to be the sum OF
'e twenty-six thousand, eight hundred dollars,
y ($26,SO0OO and the same is to be divided into
"a two hundred and sixty-eight shares t26Sl OF
the par value of one hundred dollars (SlOOOOj
,e each, to be paid for in cash or in considera-
ii ton for immovable property, or other rights
to or interests pertaining to immovables trans
TO ferred to this corporation in lieu OF cash, OF
te from appraised value set upon said property
is by the board of directors, for which property
50 transferred this corporation may issue rs
,o full paid or worcestershire stock at par. The
Nv said capital stock may be increased to sun
rs not exceeding sixty thousand dollars $50,
10 OOOOO.
as This corporation shall begin business imme
" diately upon the filing of this charter in thu
!: mortgage office Of this parish for ITS recor
- datiOn.
he No stockholder shall sell or dispose of an,
of the stock in this corporation without hrs
&c having offered the same Tor sale to the othe
II, stockholders in a letter addressed and deliv
al cred to the president of the board of directors
or to the said board naming therein the pro
Dr. posed lowest price of said stock not to eXcce
cd the actual value thereof at the time of sue
70 offer After thirty days from the receipt q
m such written offer and on failure of the stock
nd holders. any of them to purchase sue
Ia stock. the owner thereof shall be at libert
NV | to sell such stock for not less than the pric
ali so named by him to other person or person
ie- Article V.-The corporate powers Of the col
set poration shall be vested in a board of dire
in tors, consisting of three 81 stockholders. TIL
he first board of directors shall consist of Charlie
he | Emmer, 1910 Burgundy St, New Orleans, La
nte Walter Emmer and Edwin F. Emmer, 5S
Burgundy Street, New Orleans, La, all beir
aw of Louisiana, and annually thereafter on Il
in second Monday of October, a board of dire
the tors shall be elected by the stakeholder
All such elections shall be by ballot and col
Quoted under the supervision of two commi
eI sioners to be appointed by the board of d
III III rectors for that purpose, of which eiectic
l a. fifteen 05) days prior notice by registert
81 mail to each stockholders address shall
the given, and each stakeholder shall at such Gle
ern ton, or at any stockholders meeting, be ent
~ tied to one Q) vote for each share of sto.
,e;r owned by him, as shown by the books OF =
lelf corporation Directors shall continue in ofi
- until their successors shall have been elect
the and qualified
inc ever cause shall be filed by the remaining {
rectors, and any director may appoint
ora- writing another person, friendly TO said CT
any poration to act as his proxy on said boar
ON to act and exercise for the time being all I
in powers of such directors
of Three directors shall constitute quort
ex- for the transaction of all business. The sa
ond board of directors shall make all bylaw
by rules and regulations for the government
the business and affairs of the company, a
ave alter, amend and change the same at pleasu
: of They shall have power to buy, sell, mortga
and pledge and lease any and all property, re
rte, personal or mixed, whenever in their JuC
b;ch ment thew NAV deem such acts necessary a
and proper; to issue authorize the issuance
nent obligations or assume the same; to make
this necessary leases, subleases, contracts
the agreements; hire, employ and discharge
lana officers, clerks, agents and employees, and
fix all salaries and compensations, and g
orally to do all things necessary for the ira
ans action of the business and affairs of the
Twin P', a.o, VT IT,. oeso.-s of ,b;e cornora,a
tne shall be a president, a secretary and tire
"ho urer, and the same person may be secrets
APP and treasurer and said secretary may or n
q vi not be a stakeholder, and shall be elected
the board of directors; hut until the elect
of directors to be held the second Mon'
- of October, 1916, Charles Emmer shall
lblic. president of the corporation; Walter En-,
ages shall be the secretary and treasurer and 81
State hold their respective offices until their
hove cessors shall be elected and qualified.
& E. Article Widths act of Incorporation 7
,rded be altered and amended by vote of the
iority in amount of the capital stock or
corporation may be dissolved by vote
two-thirds in amount of said stock, at {
N eral meeting of the stockholders convened
going that purpose after fifteen days previous no
ginal of such meeting shall have been published
nond, one of the daily newspapers OF the city
On OF New Orleans and copy of said notice ma
that by registered letter to each stakeholder at
lifted Isst Known address
imber A-,icIe VIII-Whenever this company
m as be dissolved by expiration of its charter