The herald. [volume] (New Orleans, La.) 1905-1953, 1916-05-11


came and appeared. the persons whose names
are hereunto subscribed, all Of full age and
residents OF this city,, who severally declared
Of the act OF the Legislature Of this State
being known Act 2o7 Of the session acts Of
1914. they do by these presents. GOV 'naut,
agree and bind themselves. as well such
other persons as may become hereafter ass0-
Cjatcd with them. IN order 10 form and con
stItu'c corporation or body polite in law
for the objects and purposes and under the
stlpulatIOns following. to-wIt.
Article The name and title Of this cor
poration shall be the Central Really Com
pauy, Inc, II shall have and enjoy success
sion and existence for period OF ninety
nine years from date hereof, and shall have
ard possess all the powers. rights, privileges
and 'mTuu,ticS 20 which corporations are
entitled under the laws Of this state part.c-
ular.y under ACt ~ ut 1914, referred 90.
Article 1.-THE dau,r.lc Of this corpora
tou shall! he IN the city %; New Orleans,
State It Louisiana. where all citations and
other legal process shall. he served upon the
president, or. IN his absence or disability.
az ire >c-rc'a'y-;rea~G-cr
Article IiI.-Ghe objects and purposes FOX
oa:ure Of the business 70 he carried on Nv
-. are her rv declared 20 he t. Igv. sell
lease. mortgage. exchange or otheTwl e alien
a'e ur acquire and generally deal m prop
orty. both real and personal, IN this CITY and
state or elsewhere. for Us own account az
aN agent. iyT account ~ others on CORN s
sion ny otherwise: &, improve real estate and
generally o. carry on a real estate business
and 90 Do any and all things connected with
ur aEpc-taIufrg to said real estate business.
in All IFS branches
Article IN.-Ihc capital stock Of This cor
ra~a:luu Is hereby declared 90 Re the sum Of
thirty thousand S5oN0cW dollars. divided
into three hundred t"0 shares Of the ra-
value II one hundred 900 dollars each and
this corporation shall be operative and 20
into bushes, AND become going concern,
when three hundred Ghn shares Of is cap
ltal stock shall have been subscribed and
pa'd '"-. to-w:t:
At the execution Of these presents and in
. The manner f1l,uNtug. tu-Stt. Fifteen thou
. sand ~'N hundred ,SI5u0rD dollars. Cash.
for one hundred and Htrv-,iN $50 shares.
Seven thousand two hundred $50 co. dol
lar-, cash. pa'd by H. : II. Ntgiauier. being
. trIt PAYMENT for ScvCnfy-two tD shares.
Seven thousand two hundred $4,000 dol
lars cash. pad by D l.. \erlantcr. being
N5,'N'' -" N".-,''s OF STOCK HHa'I re
...1u' ','' '.', .,NN III ''l'I ''I''a''' on WIG
/ surrender Oh me "H,s,"idinE IeEtl'a,e', ana
i''' >''ll., ~ >'-. l.'''7 d. '"c o'''" "' u'i''
tors may IITeseIlhe.
AfuCe Inc ,S1aTttF OF thlS CORPORA
, u2n may ne amended by me VOC OF Two
,.acLho,icrs div caIieJ FOR m, rnToosc
The cani.al sock Of This corno-a,io, nav he
f1u-'hs Of all il, stock a, a meeting OF the
stock hoIic-s duly called for that r,,-rose
AZ all meetings provided for. IN this charter,
each share Of stock shall be entitled to one
vote which may he cas-, nv ~. st,rkIo' DO
or nv ms cent mr. rraxv which nr7xy r1a,.
he cyidcrrrI bv letter or o.hcr wri,tc- doc.
umc1t
Article VII-The corporate powers Of this
corDo-atiar as granted by law and by TIN
charter shall be vested in a board of dircc-
tors 20 be composed Of not less than three
nor more than i've directors. to be elected
by the stockh"iders AT general meeting 70
be held on the second Monday OF January
IN each year. No stakeholder OF this coz
Poratlor shall be eligible as director, IN.
less he owns IN MS own name, fuil paid
and unplcdScd. al least hve SHARES OF the
capital STOCK 81 this corporation; nor Shdll
any StocNI'IdcT be personally responsible
or liable tor the contracts or fault OF TINS
corporation; or liable TO the creditors OF This
corporation. 10 an amount IN excess OF the
, unpaid balance due on ms stock subscription.
Article NIIT-Thc hoard OF directors Of
this roroaratio- shall have mower :, make
all bylaws. rules and regulations necessary
for the conduct Of the business affairs Of
This CORPORATION. and thew shall elect from
their number. a president. a vicc-president
sad boaTd sFa Constitute quorum nIof for the
transaction Of all business
Article IN-At All meetings majority
NJ The ,-o-cs c7s. sh7U cIer, aud deci1e ali
thee should he failure n elect ofircrs on
The day provided for in This charter. such
failure shall not dissolve the corpo-1ti0r.
bu, the then existing ot.,-e-s shall continue
in once. and as soon thereafter !. possibIe.
an election shall be had hv ten davs written
notice bv mail. addressed 70 his last known
address. n each s.9ckh7Iier: anv vacancy
occurring bv death. resignation or otherwise.
/ on n" board Of directors during their term
/ Of office, shall he h!lcd by the remaining
directors.
Article N-This CORPORATION shall have pow
er 70 sue and be sued in its corporate name.
to make and use common seal, and 70 alter
sane at pleasure; 70 acquire property, real
and personal. by grant, gift, or purchase, and
20 devise or bequeath, to lease, hold or dis
pose Of and 70 mortgage and pledge the same
70 appoint such officers and agents as the
| business ~ the corporation may require and
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