The herald., 1916-09-21
CHAR TER
'LAFAIETTE HOTEL COMPANY
INC"

INC
United States Of America. State Of Louisl.
ana, Parish OF Orleans, City OF New Dr.
leans.
BE it known. that on this thirtieth day
Of August, IN the wear Of or Lord one thou
sand nine hundred and sixteen. before me-
~ Mitchell Milne; notary public.
orleans. Aforesaid, duly COMM ssioued and
4ndHHed and IN the presence OF the wit
neSNeS hereinafter named and undersigned
personally came and appeared the Severa! per
} sons whose names are hcrcuut) subscribed
, "ho declared ~ me. notary, in the presence
. OF the undersigned witnesses that. ayailIng
/ me State Of Louisiana. and particularly act
-b' OF the General Assembly OF the State OF
! louisiana tor the year 1914. they have nutu-
! ally agreed and contracted, and by these
/ presents do agree and contract, and bind aud
/ ohligate themselves, their heirs and assigns,
I and all persons who may hereafter become
! associated with them herein. 10 form a cor.
puratIou under the name and for the objects
| and purposes, and under the terms and SiIpu-
| iaiIonS aud provisions contained in the fol-
/ low ins articles, ;o.wit;
! ta) The name Of this corporation shall be
| the lafayette Hotel Company, Inc"
! ib' The objects and purposes for which
I TINS corporation = organized and the nature
I @i the business 10 be carried on by It are
| hereby declared 10 be: To purchase. lease
I or otherwise acquire, for cash or on terms of
credit, real estate in the city OF New Or
leans or elsewhere; 20 erect thereon hotels
or other buildings. and to sell. lease o- other
wise dispose OF same: TO own, lease and
operate IN the city Of New Orleans. aud
+ elsewhere one or more hotels, and all adJuncts
ana accessories thereto. including restaurant,
bar rooms, barber shops, baths, news and
cigar stores. roof gardens and 20 furnish
amu>enentS therefor; to do and perform any
and all things for the pleasure, comfort, con-
venience and amusement Of guests in said
hotels; to promote immigration and travel to
the city Of New Orleans: TO own the stocks
and bonds OF other corporations, and partic-
ularly of corporations engaged in buying
selling and leasing real estate and hotels
aud IN operating same; and generally to do
any and all things necessary, pertinent, or
convenient TO the powers herein and hereby
(cl The capital stock Of this corporation
shall be twenty thousand dollars (S20,UOOO.
Cd The capital stock of this corporation
ma may be increased to fifty thousand dollars
(eD The capital stock. as presently con-
stltuted, shall consist OF two hundred shares
600 of the par value OF one hundred dollars
share. There shall he two kinds Of stock:
Preferred stock, in ar amount of ten thou
sand dollars CslO.OOOOO). represented by one
hundred shares, Of the par value of one hun
dred dollars; common stock in an amount
Of ten thousand dollars, represented by one
hundred shares OF the par value of one hun.
dred dollars. Both kinds or classes Of stock
shall enjoy thesame privileges Of voting for
the election OF officers any business of
the company, the only restriction or quali-
fcation being that before any dividends are
set apart or paid on the common stock, the
holders OF the preferred stock must have re-
ceived IN dividends amount equal to fifty
per cent of the original subscription When
dividends equal to nifty per cent of the
amount Of the original subscription to the
preferred stock shall have been paid, there
after the common and preferred stockholders
shall stand on an equal footing, and such
dividends as shall be declared and paid shall
be declared and paid on the total amount of
capital stock, to-wit, $4,000, or any increase
thereof. The subscription TO the capital
stock OF this corporation by Albert Aschaf-
renburg, being for one hundred shares OF 4
stock, Of the par value OF one hundred dol
lars, consists of property and shall be paya-
be by said Albert Aschatfenburg by the as
signment by him TO this corporation of GER
tain leases made and entered into between
him and Adam Wirth. dated the 18th and
18th days of August. 1916, being for a GER
tain fve-story brick building, situated on
ST. Charles street, between South and Girod
streets, consisting of the entire four upper
floors stories, together with a main en-
trance on the St. Charles street front and the
portion Of the ground or first floor described
store No. ) and adjoining said entrance,
on the lower or South Street side, with priv
ilege TO rear entrance to alleyway. This
lease is for a term OF five years, commenc-
ing on the 30th of September, 1921. at the
rate of $50 per month, for the first three
years and $50 per month for the remaining
two years, with the privilege Tor renewal
corporation hereby appraising said leases at
the value of $4,000 accepting the assignment
of same. and authorizing the issuance of said
stock TO said Albert Aschaffenburg, in full |
payment thereof. Duplicate originals of said
leases being annexed 10 this charter. ,
% The domicile of this corporation shall
be in the city of New Orleans, State of Lou !
isiana. where all meetings of stockholders
and directors must be held, provided that
with the written consent of all directors,
valid meetings of directors may be held out
L -. IL Il
where than at its domicile. Service of all
legal process shall be made upon the preSi- |
dent of this corporation or, in his absence, |
on the secretary or treasurer.
succession for the full term and period of
ninety nine years from the date hereof.
CHI The business and affairs of this cor |
poration shall be conducted by four direc- !
annually, on the first Monday Of August 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.
The board of directors shall be composed |
of the following named persons, who shall |
serve until the first Monday Of August. 1917,
or until their successors are elected: Albert
Aschaffenburg, 400 St. Charles avenue, pres |
ident; Sidney J. Besthoff, colo St. Charles /
Avenue, vice-president; Mike S. Hart, 1885
1928 ST. Charles Avenue. Treasurer. All of
New Orleans, louisiana
ID This article of Incorporation bears the |
names and post Office addresses Of the sub |
scribers to same, and statement Of the num- |
Der of shares which each agrees to take. |
ID This corporation shall have all the |
powers enumerated in Section Of Act 267 |
Of the General Assembly of the State of
Louisiana for the year 1914
Ck) This act OF Incorporation may be |
amended, and the corporation dissolved, and |
its affairs liquidated, as provided for in |
Act 67 of the General Assembly Of the State |
of Louisiana for the year 1914.
Thus done and passed in my Office, in New |
Orleans, Louisiana, on the date, and in the |
month and year herein first above written, |
in the presence Of N. Marley and Warrick /,
Mcqueen, competent witnesses, residing in |
this city, who have hereunto signed their |
names with appearers and me, notary. after
due reading Of the whole.
Original Signed: Qnterlineation of dates |
Aug. rs and Store No. approved: S. ].
Besthoff, 6ol6 St. Charles Az, N. o., La, |
Is shares; Albert Aschsffenburg, 400 St. |
Charles Ave-, N. o., La, 100 shares; S. Ze- |
murray, per pro A. Aschaffenburg, Bay St. |
Louis, Miss, Is shares; DIR. w. w. Butter |
worth per pro A. Aschaffenburg, 1914 Pry-
tania, n. o., La Is shares; Mike S. Hart, |
1875 9Th ST., y. o.. La. IS shares; Est Of
Marks Isaacs, /. Issacs, us Canal ST., N. o., !
La. Is shares; John Legier. Jr., i22 Caronde- |
let ST., N. O., La, IS shares.
Witnesses: N. Markey, Warriek Mcqueen.
PURNELL M. MILNER, Not Pub.
/, the undersigned deputy recorder of mort