The herald., 1916-08-31
CHARTER
IHAR TEN
OF ZAERINGER REALTY CONPAN
INCORPORATED
uniled States OF Ane1Ica. Sic of Lnuisiana.

CHARTER
! OF ZAERINGER REALTY COMPANY
| INCORPORATED
| nlted States OF America, State of Louisiana
Parish Of Orleans, City of New Orleans
| Re 1t known, that on this twelfth day Of
! the month of July, in the year of our Lord
one thousand, nine hundred and sixteen
| and OF the independence of the United States
OF America, the one hundred and forty first
! before me, Louis A. Hubert, a notary pub.
! lie, duly commissioned and qualified, in and
for this city and the parish OF Orleans. there
/ IN residing, and in the presence of the wit.
nesses hereinafter named and undersigned:
Personally came and appeared the several
persons whose names are hereuntO subscribed
being all OF age, who severally declared that
awaiting themselves OF the laws of this
state, in such cases made and provided, and
particularly of Act No. 267 of the General
Assembly Of this state, of the year A. ID.
1914; they do, by these presents, covenant,
agree and bind themselves, as well as such
other persons as may hereafter become asso-
Grated with them; in order TO form and con-
sutute corporation and body polite in law,
ior the OBJECTS and purposes and under the
supuiatlons following. f"wit:
Article The name OF this corporation
shall be the ''Zaeringer Realty Company,
Inc d., and its domcie shall be in the
city OF New Orleans, Louisiana, and it shall
have and enjoy succession and existence for
the period OF twenty-five years from the date
hereof
Article 1.-THE objects and purposes of
chase, or otherwise, real estate; to sell the
same and to deal generally in real estate,
and more particularly to acquire the real
property and real appurtenances lately be-
longing TO Mrs. Mary Platz, widow Of F. Y.
Zaeringer; and to do everything incident to
said business, or necessary or convenient
thereto; with power to lease. purchase and
to hold such real estate or other property as
may be useful necessary to said business
to sue and be sued and to have a corporate
seal.
Article III.-The capital stock is fixed at
the sum of ($45,oo0G) forty.fve thousand
dollars, divided into nine hundred 900
shares of fifty dollars each. The capital stock
OF this corporation may be increased to the
sum of seventy thousand dollars $4,000 COZ.
No transfer OF stock by shareholder shall
be binding on this corporation unless the
same appear on the books of the company
And no sale or transfer of shares shall be
made by any shareholder. until he or she
shall have offered the share or shares to the
corporation and the purchase shall have been
declined; and their right to decline or pur-
chase al the actual cash value, shall remain
IN the board of directors for ten days after
the offer TO sell shall have been made in
writing.
Article IV.-All corporate powers of this
corporation shall be vested in a board of
directors, and its business shall be conducted
by such board, composed of three stock
holders, who shall be elected on the first
Tuesday of July of each year and shall
hold their Offices until their successors are
elected and qualified. Any vacancy occur
ring in the board of directors during the
year shall be filled by the remaining mem
bers.
Article V.-The board of directors shall
have power to make all bylaws necessary
for the successful conduct of the affairs of
the company The board of directors shall
elect from their own number a president, a
vice-president and treasurer who shall also
act as secretary, and two members of the
beard shall constitute a quorum for the
transaction business
Article VI.-Al legal process shall be
served upon the president, or, in his absence,
upon the secretary.
Article VII.-At all meetings of the cor
poration, each shareholder shall be entitled
to as many votes as he has shares, and may
Article Wilton the first Tuesday of July
of each year, the annual meeting Of the
stockholders shall be held, after ten days
notice, in writing, to the stockholders and
the election shall be conducted by two per-
sons elected by the board of directors, at
which election the board of directors will
be chosen. Until the election of 1917, as
above provided, Frank ]. Zaeringer, Louis
Zaeringer and Frank A. Zaeringer, all resi-
dents. of New Orleans. La. shall compose and
which Mr.. F. Joseph Zaeringer shall be
resident; Mr.. Frank A. Zaeringer shall be
vce-president; Mr.. Louis Zaeringer shall
be secretary and treasurer.
Article IX.-This charter may be amended,
altered or modified, or the corporation dis
solved, at meeting of the stockholders duly
called for the purpose, by a vote of two
thirds of all its stock, conformable to the
provisions of the aforesaid act, including the
increase or decrease of capital stock.
Article Mo stakeholder of this corpo-
ration shall ever be held liable for any in
debtedness, contracts or faults thereof, in
any further sum than the unpaid balance due
the corporation on the shares owned by him
or her; nor shall any informality in organ
ization have the effect of rendering this
charter null or of exposing a stakeholder
to any liability other than as above pro-
vided.
Article XI-Failure to hold the meetings
provided for in this charter shall not work
a forfeiture of this charter and officers and
directors shall hold their respective posi-
tions until their successors are elected and
qualified.
Thus done and passed, in my Office, at the
city of New Orleans, on the day, month and
year first above written, in the presence of
Messieurs August II. Ritter and ]. NJ. Quin-
tero, competent witnesses, who hereunto sign
their names with the said appearers and
me, notary, after reading the foregoing
Original signed: Names of subscribers.
Witnesses: A. H. Ritter, ]. NJ. Quintero.
L A. HUBERT, Notary Public.
/, the undersigned, recorder of mortgages
in and for the parish of Orleans, State Of
Louisiana, do hereby certify that the act
Inc, was this day duly recorded in my Of
fee, in book ll9s, folio 76. New Orleans,
July Il, 1916.
(signed5 EMILE J. LEONARD. D. R.
L, A. HUBERT, Notary Public.
july u aug 3 10 IL "a 81