The herald., 1916-08-24

ana Pa-i,h OF Orleans City Of New o. D.
leans.
Be u known, that on this 20,h day d
n July IN The wear q cur Lord one thousar,
. | nine hundred and sixteen, befor. m Sidrr,
l.. Frlhlc"a". a notary public IN and for m
p1rNA OF nr.eans, State 4 Louisiana. dul,
- commissioned aud qualincd. and in the pres
cHce OF the witnesses hereafter named an,
u under Igncd, personally came and appeare,
'Hr several person, whose names are here
uht' subscribed, all above the full axe o.
% majority and residents Of New Orleans VIII
| declared nat avaIliug themselves OF the Dro.
, y'Nip"s OF the laws of Louisiana relative
- ..t '.s5,AIa','n OF corporations, they have
| formed and do hereby form themselves their
associates, successors and assigns into a
corporation under the name and for the Oh.
Jeei' and purposes. and under the stipula-
tons and agreements hereinafter Sc. foTr5
Wit: '''''' '''A''e'' To-
| Article The name and title Of this cor.
p'rauon IS Newman Estates Realty Com.
pany', Incorporated. and It shall exiS: Tor a
the date hereof
Article 1.-The domicile Of this corpora.
ION shall be in the city Of New Orleans.
| where all meetings OF the stockholders or
directors ar must be held; provided thar with
| me written consent Of all the directors. valid
| meetings Of directors may be held outside
! me state or within the state elsewhere than
| at us dpniCile.
Article IlI.-Citation and other legal pro.
cess snail be served on the president. and in
MS absence or inability 20 act for anv cause
upon one OF the vce-prcSidents, or should
treasurer.
Article IN.-The objects and purposes Of
VIC Sorporaton are TO purchase exchange
real property, bonds, stocks and marketable
securities tor investment purposes and the
same to hold, rent. SELL mortgage or pledge
a. II may decide; to deal in real property,
improved or unimprOved, in New Orleans or
elsewhere for itself or for the account az
Others. as principal or agent, on comn1iSsion
OF 9therwlSe; 70 rent and lease property for
;nssl ma f9r others; to erect, construct and
improve buildings, 10 lend 10 borrow mo. |
ney' issue notes, bonds and other obligations
ana generally 70 do all things complimentary.
rmeLuehtal or necessary 10 its primary pur.
Article N.-The capital stock of this cor. |
Poration is fixed at five thousand do,Isrs
divided into and represented bv fftv shares
OF the par value of one hundred dallas
%h,Sn snail be paid in cash. at the time Of
mence business and become a going conc.,,
at once. 'Ns'"
said capital stock may be increased TO ,wo
hundred and fifty thousand dollars
Article NI.-All the corporate pouers ~
ms corporation vested by this charter, the
pc passed, shall be vested in and exercised |
Oy board of three directors 10 be elected
annually two OF whom shall constitute a quo.
n r,r me transaction Of all business,
PROVIDED however, that no real property shall
ee bought or sold by said board OF directors
Tor the corporation without the written con.
sem sem, OF NOT less than sixty per cent of the
whole capital stock first had and obtained
ana SAID written consent shall be entered |
on the minutes and recited in the reSoI,,.
iIon OF the board of directors, on the sub. 8
. 60 matter ard the resolution OF said board !
smoodyIng this fact shall be full protection !
% all persons dealing with the CORPORA. (
ion on the faith of the same
Inc board Of directors may be increased /,
o seven four of whom TO make quor,,m !,
~ resolution of the board adopted a, meet, :
ng held prior to any general electio, ~ :
ms increase snail not take effect unless an. |
,Iofea py not less than sixty per cent OF
nsrin0 o'S Ser OF fhe corporation. at its next :,
n the minutes of that meeting.
vacancies in the directory shall he 6IIed :,
'he ooaId until the next general election | al
inc o0ard OF directors shall have the power OF
:. maze bylaws. rules and regulations for b,
is management OF the corporation, and pro. OF
ide the form and manner of certifcatjon and 81
fgistry OF its stock, and the time and meth. n
81 transferring the same upon the books III
! the corporation. A,
All officers, representat;ves ,o.,, | al
Employees shall hold their Offices a, ,ba be
easnre OF the board of directors
Article Vl1.-The officers of this corno-,. pc
On SnaII De president, one or more vice de
,cb otbs, = secretary and treasurer. with s. s.
ay appoint The office of secretary 80 III
easurer may be combined in one person. and wi
e once may be filled by one not stock.
older or director OON ea
hrucie NllL-The annual meeting nj IN. LEI
operation shall be on the third Mondav at
"e month OF February in each wear and mt
ID man man quorum present, may adjourn nu
Getting may be held '' tue III,
All corporate elections shall be bv b,,Io, bu
10 eaeh snare of stock shall be entitled 10 10
~ sole IN person or by proxy or by letter
~ inc majority OF the votes cast shall cleo; tiv
article lA.-The first board of directors Of SEE
Y; $500 St. Charles Avenue, New Orleans. me
marry l. talk, 2l2 Carondelet St. New du
.s rs. ;; Paul King, 9l7 Gravie,r ST., 5
They shall serve until the annual election Of
iyn, or until their Successors are elected a
. Article X.LThe names and post office ad. tn
csses OF the subscribers to these ar,;cIas me
Incorporation and The number Of sbe-ss me
,Ieh each agrees to take. in the corpora. '
N J. :9,- A: shIsnker, 1904 St. Charles the
&; Is shares; ?. Harry L. Falk, PIP Car. q
ieiSt ST. ! share; ). Paul Killing, 9l7 Ora. con
h as , fcns cii and passed in my noaral of pre-
e OF Henry P. Dart and Leo L, DnbpurS r.
iPe'ent witnesses of lawful age and re- ~;
ing IN the city, who hereunto subscribe ii. iii
nn na,rS' togsther with said parties and left
the CANTON baraof "' any ud'e SET torth tive
. , signed: Names of subscribers ol
illnesses: Henry P Dart. Leo 7 D,,b,,,-u Exc
SIDNEY L FFIRT EnIG g. issu
stamp Not.-,, pt,: held
the undersigned recorder ~ ,-. uoIe. shall
and for the parish of O,I.ans 'itSI cages said
isiEana, do hereby certify that the above cam
ymS 05es eis,. act Of Incorporation of the 6
d. was this day duly recorded in oO' I", ties.
g. 81 "a 1912 919k ll'' folio = New Orleans pose
lSlgned) EMILE I IFONApD n. Exc
true copy from The orig;-ai n.y. n have
ew Orleans, La Iuly % Iois "''' Vice
'lDNEf l. FEIBLEMAN, Notary Prb,i. teen
u aug 10 II "a 81 u'iie' the
tn
powt
.urvn, for
IHDnEhT TO CHARTER presi
THE EnnrCp Thes