The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-29
OF THE CT NEtL REALTY y SEC
kIIN COMPANY, INC


CHARTER
/ Ir THE - tT.NEFI REALTY 4 SECJ-
KIIN COMPANY. INC
/ p...r .. a-',l--
| o., D. l...,r -rnt ur This the 5.u day
! . ... .,...... ~, N.-.rl M the wear Of ur-
| : "a r. .r..--..-I nc hundred and sew
/ .r.. I...,..s - ..,. DID,, America the one hun
/ 1.,l -rI f.~., ..--,. before me, Watts X
| ! .,.r-r.N , rI..ry public in and for tie
! ,.-,.b 81 o-rr.-, safe OF Louisiana duly
! '..,.--s. -'.r,,4 ,-F r,t,rfrrd and in the pres
/ ...', II ..,, n.,.nr,,t., hereinafter named and
! r,,.i,,,,rurF ,,,-, .lal'y came and appeared
.,.r >,y,-aI person, whose names are here
.io.a subscribed. who scvrralIy declared that,
~ ...,,,, 81 ~, i've ~ the ,av., of this state
! ,,,r,.,,N e.. The ORGANIZATION # corporations.
! ,Erv nave Contracted and agreed and by
! ,.r,,r crescent, 10 agr,e and bind themselves.
~, ,rit a, ,t,r other persons ae may here
after become associated with them, 70 form
ard constitute corporation and BODY, cor
pirate IN law, tar :lc objects and purposes
! md under the agreement, ana stpul1A"A>
! hereinafter set forth and expressed
| Article The name and une OF SAID
| company shall nr The :. Humoel KgdItE "
! Security Company. Inc, and its dom Gle
Orleans. State Of Louisiana. nder TINS
| corporate name. the SAID corporation sha.l
! have power and authority 20 exist and enjoy
! succession for he ;uil tern, OF nlHety-nlnc
!
contract. sue and be sued; and - make and
Iu,c a corporate seal, and the same 10 break
! or alter At pleasure. whlNh sara seal II any
| shall be designated by the board OF d'Tec-
! tors; 10 purchase, own, hold, lease, receive.
| sell and mortgage or pledge, under rs cor
poratc name. property. both real and personal.
including stocks, bonds and securities oi
| other corporations; 70 sell any portion o. Us
advances on real or personal security and
on growing crops; 70 lease to and IRON and
20 consolidate or merge with o;her compa-
MES; TO elect and appoint such directors, OH
GERS and agents a the interest and convc-
nieuce OF Sald corporation may require; t.
make and establish such bylaws. rules and
regulations for the proper management OF the
| affairs OF said corporation as may 9e neces-
sary and proper, ana me same 10 C"I,se "a
perform all acts and thingS Teqn'sIgi anu
| necessary 10 carry out me o'JeN's anu p"''
poses OF said corporation.
Article U-Au citations or other legal
| processes shall be served upon the president
! Of said corporation, and in case Of his ao-
! sence, upon the vice-presidcnt, and in case
| Of the absence NJ both, upon the secretary:
Article III-The objects and purposes for
which this corporation is established, and
! the nature OF the business TO be carried on
| nv IT, are hereby declared and specified to
| be: to buy. sell deal in. lease, hold. de
| veiop or improve real estate OF all sorts; to
/ construct and maintain offices, fats, houses
| factories. warehouses. shops. buildings, works
1 "A
| hold and deal in personal property of every
| character. and particularly, stocks, bonds,
| obligations and securities OF other corpora
| lions as well as of individuals and partner
| ships; 10 exchange its entire capital stock
or anv part thereof. for property which II
IS authorized 10 acquire. 10 exchange its
| entire assets and business, or any part:
| thereof, for property, stocks, bonds, or other
| obligations OF other companies; specially.
! 10 acquire all or any portion Of the real
estate, stocks, bonds and obligations descend.
| ing from the SUGGESTIONS Of Simon Gumbel
and Sophie Lengsheld Gumbel. and now be
longing 10 their heirs; and to do and trans
| act all business properly connected with,
| incidental convenient to, any of the said
| Article Iy-The CAPITAL stock Of this cor
! -, ;e La-eL, Fxed A. tyro million (sn.
| nNG60C0 dollars 70 he divided into and
| -en-asented bv twenty thousand cocoon
! iSInO tm dollars each. which shall be paid
I fcr in cash. or nav be issued for property
! actually received bv the corporation at its
| fair value. The board of directors herein
| afte- r-eated i snecially authorized and
| rrnowered 10 issue all Of said stock TO the
beirs ~ Simon Gu.nbel and SOPHIE Lengs-
| feid GumbeI in exchange for ali or anv
| rort;or ~ tLs nronerty Ascending iron, the
EE,rrcssio1s NJ Simon GurYbeI and SOPHIE
| encs6eId GurheI his wife upon such basis
| and al such Advertisement as in the judg-
| rrer,t Of the said directors NAV be proper
| The cani.aI sto,k Of This CORPORATION NAV
| ne increased 70 the sum of six million (sS-
| 0OO OOO nM dollars No transfer of stock shall
be binding upon the corporation unless made
and recorded upon ITS books No stock
holder shall have 4 right TO transfer or
! convey any Of his or her stock in the cor
1 nora;iou unless and until he or she shall
| have first made a written offer TO the other
| then Stockholders of the corporation and to
| the corporation itself, TO sell his or her
! stock TO them at the same price as that at
which he or She NAV have received bona
| fde offer therefor Such written offer shall
| he addressed TO the other then stockholders
| aud 10 The corporation itself collectively,
| and shall he delivered TO the Office of the
co-po-ation not less than ten OO) days prior
/ "a the application for transfer of the stock
| The CORPORATION shall transmit this offer TO
| NE RESPECTIVE then stockholders and the
| stock Of The stockhoIder desiring to sell
shall he distributed pro-rata among such of
| ne other stockholders as desire to purchase.
| in the proportions in which the holdings of
| he Stockholders DESTROYS Of purchasing bear
/ TO each other; provided, that the other
| stockholders desiring to sell shall not be re-
CURED TO take all of the stock Of the
! Stockholders desiring to sell, but shall have
| the option to take any part OF it, at the price
! n which a bona fde offer may have been
! received bv the stakeholder desiring 10 SELL
for the whole amount offered; and If the
! total which the other stockholders desire to
| purchase is less than the total offered for
sale, then, after each of the other stock
! holders shall have taken and paid for the
| amount OF stock which he she desires TO
| buv the remainder untaken shall be open
for purchase by the corporation itself; and
| unless prohibited by law, the corporation may