The herald. [volume] (New Orleans, La.) 1905-1953, 1916-07-27
CHAR TER
OF /AERlNGER REALLY CDMPAN
INCORPORATED

INCORPORATED
United State, Of America. State # Louisiana
Parish %, Orleans, cry OF New Orleans
BE ), known, that on TIN, twelfth dav o.
| IN, month Of July, IN the year ~ our Lord
| one thousand. nine hundred and sixteen
and Of the independence IF The. United N-..r
Of America, the one hundred and i5r.y-hrs-
before me. Louis A Hubert. notary pub
lie, duly commissioned and qualified. IN an,
Tor this city and the parish Of Orleans there
IN residing, and IN the presence Of the wit
ncaNeN hereinafter named and undersigned
Personally came and appeared the sevcra
persons whose names are hercun,o subscrl bed
being all Of age, who Scvt-dlly declared that
awaiting themselves OF the laws OF this
state. IN such cases made and provided, and
particularly Of Act No. 1J7 Of the General
Assembly OF TIN, state. Of the year A D.
lvlI; they do, by these presents, covenant
agree and bind themselves, as well as such
other persons as may hereafter become as,o,
Grated WIKI them; in order % form and con.
sti;utc corporation and body polite IN law.
;or the object, and purposes and under the
st,pulat'ons following, to-wlt:
Article The name Of this corporation
shall be the "Zaeringer Realty Company,
Inc d., and - domlcIIe shall be il the
city OF New Orleans, Louisiana, and il 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
TINS corporation are: to acquire by pur-
chase, Or otherwise, real estate; 10 sell the
same and 20 deal generally IN real estate.
and. more particularly to acquire the real
property and real appurtenauces lately be
longing u Mrs. Mary Pidtz, widow Of F. Y
Iaerlnger; and 70 do everything incident TO
said business. or necessary or convenient
thereto; with power 10 lease, purchase and
to hold such real estate other property as
may be useful or 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 (S+5,00OD forty-nve thousand
dollars, divided into nine hundred 800
shares Of nifty dollars each. The capital stock
Of this corporation may be increased to the
sum OF seventy thousand dollars 100000
No transfer Of stock by a shareholder shall
be binding on this corporation unless the
same appear 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 20 decline or pur
chase at 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
bcrS.
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.
viCe-preSldeut and a treasurer. who shall also
act as secretary, and two members OF the
board shall constitute a quorum for the
transaction OF business.
Article NI.-Al legal process shall be
served upon the president, or, in his absence,
upon the secretary.
Article NII.-At all meetings Of the cor
pOratIOu, each shareholder shall be entitled
10 as many votes as he has shares, and may
vote by proxy.
Article WILTON the first Tuesday of July
stockholders shall be held, after ten days
notice, IN writing, 70 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
/acrInger and Frank y. Zacringer, all resi-.
dents of New Orleans, La, shall compose and
constitute the first board Of directors, OF
which Mr.. +. Joseph Zaeringer shall be
president: Mr.. Frank A. Zaeringer shall be
vice president; Mr.. Louis Zaeringer shall
be secretary and treasurer.
Article IN.-This charter may be amended,
altered or modified. or the corporation dis
solved, at a meeting Of the stockholders duly
called for the purpose. by 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 stcokhoder OF this corpo-