The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-30

! deliver full paid shares Of stock and bonds
/ OF "'IigAti'n~ nt SAID coTp1ra'i'r IN pay
."cn' of money borrowed, or money. labor or
! SERVICES pr property or rights actually re-
! Ceiyei by SAID corporation, "a, heretofore set
| .nrth, and shall have power % DO all such
! acts and things may be necessary -
| carry out the objects Tor which tins cor
| poTaton Is organized. Two directors shall.
! constitute quorum for the Transaction Of
| any business. At any meeting OF the board
| u directors any director absent from the
! meeting may be represented hy any other
director who may cast the vote OF said alb
sent director. The board OF directors shall
| have the power, by unanimous vote OF not,
less than tw0-thirds OF all directors, TO sell
lease, mortgage thy bond mortgage or other
"lSe), or to pledge any and all OF the prop
eriy, movable and immovable, belonging to
me corporation, or TO receive in exchange
therefor money or stocks or bonds or other
pordton OF any character without referring
10 the shareholders for the power to do So
and they may also purchase for stock IN
TINS company, Tor cash or on credit, property
Of any kind required for the purpose Of the
cooperation, without authority OF the share
Until the expiration Of their term as
above set forth, OF until their duly qualified
successors are elected and installed. the
board Of directors shall be composed Of:
Eugene r. Barry, Esq, address AZ Audubon
Street; and J. 4 Stromberg, Esq, Sl4O Zim-
pie Street. with Eugene T. Barry as presI-
dent, Edward II. Keep vce-president, and
!. A.. Siromherg as secretary-treasurer.
Arlci e NI.-Nheuever this corporation
hall be dissolved, either by limitation or
from any other cause, its affairs shall be
Hquidatcd by three stockholders to be ap-
pointed At a general meeting Of stockholders
convened for the purpose OF liquidation, as
provided by law. Said commissioners shall
remain in office until the affairs OF said cor
poratlOn shall have been fully settled and
hquldated and they shall have full power and
fp IN al he
assets and property OF the corporation, and
u distribute the proceeds. In case OF death
or disability or resignation of one or more
commissioner or commissioners, the vacancy
shall be filled by the survivors.
Article Nll.-This act Of iucorpo alton may
be modified changed or altered, or said cor
poratIou may be dissolved with the assent
OF two-thIrdS Of the entire outstanding cap
ltal stock Of all classes represented at i
general meeting Of stockholders convened for
such purpose, after previous notice shall have
been given as required by law Any increase
or decrease OF the capital stock which may
be proposed made shall be made in ac-
CordanCe with the laws Of the State of Lou
Isiana the subject OF the matter of alter
ing the amount OF capital stock of corpora
tlOuS.
Article VIII.-No stakeholder shall ever be
held liable or responsible for the contracts
or faults OF SAID corporation in any further
sum than the unpaid balance due on the
shares Of stock owned by him, nor shall any
mere lntormallty IN organization have the ef-
feet of rendering this charter null or expos
ing any stakeholder TO any liability beyond
the amount due on his stock.
Article lN.-Said corporation shall COM
mence business or operations as soon as the
stock required by law shall have been sub. !
SCribed dor and the minimum prthortion |
thereof paid for. And, i'll order that this |
charter may also serve as an original sub
SCripuon list the subscribers hereto have |
set opposite their names the number of |
shares OF stock subscribed for by each OF
them.
There is annexed hereto an accurate de- |
tailed and Itemized description, required |
by law, OF the property to be conveyed to the |
corporation IN settlement OF certain stock |
subscriptions. together with, statement of
Thus done and passed, in my Office in the
City OF New Orleans, Louisiana, in the
presence Of Messrs. B. McCaw and ]. Blanc
Monroe, competent witnesses of lawful age,
who have signed their names with said APP
bearers and me, notary, on the day and date
aforesaid after reading the whole.
,2 , signed; +; + Barry 2 sha re-
leans. La; c; c, IIartwell. 40 shares COM
mon stock, $50 Chestnut street; f. II. Keep,
20 shares common stock, l43l State Street,
New Orleans, La; J. A. Siromberg,, Sl+9
stock. Witnesses: b. McCaw, J. Blanc Mon
roe.
WATTS X. LEVERICH, Not. Pub
!, the undersigned recorder OF mortgages.
IN and Tor the Parish of Orleans, State Of |
Louisiana, do hereby certify that the above !
and foregoing act OF Incorporation of the Au- |
dubon Park Realty Co., Inc, was this day /
duly recorded IN my Office, in book lbs, |
folio --
New Orleans. February D. 1910
(Signed) EMILE J. LEONARD, by. r.
| hereby certify that the foregoing act of
Incorporation IS true and correct copy Of
the original act passed before me on Feb !
ruary 3, 1916, Of record in my Office at New
Orleans, La.
WATTS K. LEVERICH.
Stamp Not. Pub.
Mch = 10 3 30 april