The herald., 1916-08-24
CHARTER
- r,,IscREESLAW REALTY CO.. INC

Of EILISGREESLAW REALTY co. INC
,,-,,,a States Of America. State Of Louisiana
Parish Of Orleans. City OF New Orleans
q, a tno~n. that on this 10Th day Of tn,
Al August, A. ID. 1910, before me
us,hea W. Kaiser, notary ruOIlc, duiy com
ni.s..;oned in and for the above named paTiSt
nd state, personally came aud appeared
g. s,yerzl persons whose names are here
"a. s,ha1tihed. who, in the presence OF The
W. ..<sss Hereinafter named and undersigned
VIZ I'd an declared. That. ayailIng them
s.i,,s Of the laws Of the state Of LOUISIANA
:, tbe subject Of the Incorporation OF cor
On .;n,s md especially Of Act 267 OF 1914
~, crsaniIed, and do by these pres
..,. organize and constitute themselves, as
I'll "a ali other persons who may be here
s", h,eope associated with them, into cor
s.r,,;on and body polite IN law, 10 ENJOY
PS-no,a,e existence during a period OF ninety
og 9rs Icol wears after this date, unless sooner
Essol,ed. and under the following stpula'
,.oas vhieh they hereby adopt as their ar
,;sIe, Of Incorporation, or charter, to-wit:
l,,;,,, 1.-The name Of this corporation
I'll he Ellis .Greenlaw Realty Co, Inc.
"a ;,s domieiie is hereby declared 10 be in
he city Of New Orleans, state OF LOUISIANA a
~ served on the president, and, in his abb
senee on the secretary.
A,,;s,e 1.-The objects and purposes OF
tx eorpor.,ion, and the nature OF the bust
rsss 10 be carried on By II, are hereby de-
dared 10 be as follows:
To rent, deal ir. purchase. acquire. hold,
oxn seil or Otherwise dispose OF, mortgage
and hypabeeate lands and real property OF
sv,,v lind ans class in the United States, 70
sSd;yide. develop. manage and improve the
s,me: 10 construct, alter and repair houses
"A buildings, and TO buy and sell all kinds
Of material used by builders; and generally
IA 40 a general real estate business III all MS
St,ns Tor itself or as agent for others; with
an cover No borrow OF loan money secured
by mortgage or otherwisel And in general
NJ A ANYTHING necessary, incidental 10 and
cono<e,ed with said objects and purposes
a, we'll as 10 exercise all rights and powers
cOnierred on corporations by Act 2o7 OF 1914
Article III.-The capital stock of this cor.
porstOn Is fixed at $1,000, divided into q
sbares Of common stock and 80 shares of pre-
ferred stoek (preferred stock to be non-vot.
ins) Of Q par value of $1,000 each TO be paid
for in cash al such time as the board OF di-
rectors may determine or which may be
ssued for service rendered or for property
actually received.
The p,eferred stock shall be entitled only
10 anna, dividends at the rate OF seven per
e,nt, payable selni-annually, on the LIST OF
January and July in each year, which shall
Be cumulative.
In case Of the dissolution of this corpora.
ton. the preferred stock shall be liquidated
al par, before the common stock, but shall
have no further interest in the assets or prof
is Of he company.
The preferred stock or any part thereof
NAV he retired BY the board OF directors, six
months from the date of its issuance, or at
he end Of any succeeding month, upon the
payment TO the holder the par value only
and ell dividends due 10 the date of pay
nent
r. IL.
Be increased 10 fifty thousand dollars ESQ.,
No stakeholder Of this corporation shall
sell, or offer TO sell, any common stock OF
this eorposation owned by him until he shall
have krst offered the same to can of the
other stockholders thereof, for a period OF
hirty tN) days, at the book value of said
sock. This offer shall be made in writing
% The board OF directors of this corporation,
Who shall, Tor the purpose, be considered the
agent fcf the remaining stockholders, who
hal have the right TO purchase same at
aid boob value in proportion 10 the stock
Article lV.-All of the corporate powers
Of this eofporation shall be vested in and
sereisd By board of directors composed
Of thrse % stockholders of this corporation,
Dc elected at a meeting Of the stockhold.
es held for that purpose, at the domicile of
ne company on the second Wednesday in
April OF le2, and annually thereafter; no.
us Of which meeting shall be given TO each
sioekholdeS at least fifteen QS days prior
osunnnS same in the post office properly
addressed, 10 the last known address of each
eekaolder, as shown by the books Of the
esporatioH.
The board Of directors of this corporation
saa,l immediately after their election and
nzhnestnn Tor Office, select from among
1uf number president. a Secretary-treas-
Eu and might select vice-presidents The
ns, board Of directors OF this corporation is
eoiared to be composed of Edward K. Green
~ Esplanade avenue, New Orleans,
a; nn Kate McCan Greenlaw, 2s5s Is
rm,os avenue, New Orleans, La; and Ed
u =, Ellis, &0l Berlin street, New Or
xans' Ia; with Edward r. Ellis as presi-
N5t NM. Kate McCan as vice-president
sao LoSsrd K. Greenlaw as secretary-treas-
ne said board Of directors shall have pow.
appoint agents and employees for this
p'stion, or TO remove the same at pleas.
~ ~ and hey shall also have the power to
~, vacancies in their number, and shall
e such bylaws from time TO time, and
en- Aa me same, as they may deem expedi-
,Arhtie V:-Said appearers declare that
,ryy SUBSCRIBE respectively, to the following
ss.I o. shares Of the capital stock set
sae tnefr respective signatures
a. article tL-This charter may be amended,
.sphu stock thereof increased or de-
,s9 o. this corporation dissolved, in
T .lce with the provisions of Act 267
T. Legislature Of the State of Louisiana
NE year 1914.
o. mus done and signed in my Office at New
.,is louisiana, in the presence of Ca.
-, s Nelson and Thomas L. Young, compe-
M ILLNESSES, on the 10th day OF August,
.ner due reading Of the whole
Of subscribers omitted
ssses' I. l. Young, Camille Nelson.
L. n. w. KAISER, Not. Pub.
Undersigned recorder of mortgages
lss;.;s or the parish Of Orleans, State Of
as.ns, % hereby certify that the act of
Gshon Of the Ellis-Greenlaw Realty
a. nc, vas this day duly recorded in my
Ar, u :, book ial, folio III. New Orleans,
sss9 EMILE J. LEONARD. by. R.
Na sept Il Il q -''' w.