The herald., 1917-04-19
CHARTER
+ ST. CHARLES STREET REALTY

l''MfANN, IN.
i-.tgl States u America. State Of Louisiana,
rA5-a % orleans. City OF New Orleans.
BE u known, that - this, the 5ri day
of :ie month Of March, Iu the wear OF our
Lord, one thousand, nine hundred and sew
rntr.u, asi %; ilc independence 81 the United
Stale, Of A~r-.,a. the one hundred and
f.rty-ar~t. before me, Near !. Milling. a
"n'-ry public, duly commissioned and quail
red. within and for the Parish OF Orleans,
State IF Louisiana. and in the presence of
The wI,ucS-e, hereinafter named and under
signed, personally came and appeared the
~r.r-H. persons whose names are ncrcuutu
subscribed. who sevcra.ly declared that.
lva.ling themselves OF the benefits and pro.
visions u the Constitution Of the State Of
Louisiana and OF the laws OF said state rel
alive 70 The organization OF corporations, and
Particularly OF the provisions of Act No. lo7
u the General Assembly Of the State Of
Louisiana for the year 1914, they have united
TO form and do, by these presents, form and
organize themselves, well as all such other
persons who NAV hereafter join or become
associated with them or their successors, into
a stock corporation for the objects and pur
poses and under the covenants, stipulations
and agreements following, tO-wIt:
ATtlc.e The name and r., tltle OF this
SAID name, unless sooner dissolved in &C
corlanCe with law and this charter, IL shall
exist and continue, and shall have and enjoy
corporate existence and succession Tor pc
Z 41l hl IllltL nine lFf' years from ana alter
the date Of this act. II may have, hold, re-
ceIve, borrow, loan, exchange, acquire by
grant, git or purchase, devise or bequest
sell. ALLEVIATE, dispose OF, convey, lease,
gage property of any kind, whether real.
personal or mixed, corporeal or incOrporeal,
movable or Immoyable, all subject to such
limitations as may be prescribed by law.
II may make, issue. and endorse bonds or
notes and other evidences OF debt 1t may
accept mortgages, pledges or other forms OF
security for money loaned or other debts II
may contract. sue and be sued, plead or be
imp.eaded by its corporate name in any
court Of competent Jurisdictions II may
make. adopt and a common seal and alter
the same at pleasure. II may hold stock in
Dther corporations, and its capital stock may
le issued for capital stock in other corpora
tons 1t may name, appoint and employ
such managers, directors, officers agents and
lther employees as its said business and con-
'enience may require, and may fix their
pmpenSatlon, having due regard to the ma
ure, character and value Of their services
Il may make and establish bylaws, rules
and regulations not inconsistent with this
'hdTter or any existing law, fixing or alter
ng the management Of its property, the reg
llatOn and government of its affairs and
he manner of the certifcation and registra-
son Of its stock. 1t may wind up and dis.
solve itself, or be wound up and dissolved
n the manner prescribed by law. 1t NAV
conduct business in this State other states
he Federal Districts. the TERRITORIES and
POSSESSIONS of the United States, and any
oregn country. 1t shall have the power 10
invest ITS board of directors with all OF its
corporate powers, subject TO such restric.
ions may be named in this charter. And
! generally, shall possess all the powers.
rights, privileges and immunities which cor.
,orations are and may hereafter be author
avs of this State, and particuIsTIy ,,n 1bq
Act No 2o7 of the Acts OF the General As.
embly Of the State of Louisiana for the
rear 1914 '
Article 1.-THE domicile of this corpora.
ION shall! be at the City of New Orleans,
'arlsh Of Orleans, State of Louisiana.
Article lII.-The objects and purposes for
'hich thus corporation is formed and the
,atuTe OF the business to be carried on by
!, are hereby declared TO be: To buy. sell.
XGhange. let, lease, hold and generally deal
nd trade IN real estate, whether improved
II unimproved, buildings and building ma
erals; to act as agent in the letting, leas-
nss and lots; to contract on behalf of itself
II tor other parties for the erection. repair
" equipment OF all kinds of buildings. fac
ores, mills and other works; to borrow |
none. ~ ana grant mortgages, bond mortgage,
y. notes therefor; 70 lend money and TO re-
eive therefor mortgages, bonds or any other
OF Indebtedness; to erect, main.
am and operate apartments, apartment
louses' nGteIs. boarding houses or lodging !
ouseS and generally to engage in the hotel
BUSINESS; and to carry any other bust |
less, which, under the law, ii NAV be en-.
iued 10 carry on which may seem 10 the
orporation to be calculated, directly or in |
hrectiy, to efectuate the aforesaid objects |
r either OF them, or TO facilitate il in the
transaction OF its aforesaid business or bus.
heSSeS, or any part thereof. or in the trans. |
cuon OF any other lawful business that NAV |
'e calculated, directly or indirectly. IN en-
ance the value of or to render profitable |
ny OF the companys properties and rights
no generally to hold and exercise all such
Incidental powers and privileges as relate to /
ne OBJECTS and purposes hereinabove set
orth or as may be necessary useful or con
enient for etfecting said objects and pur. |
Article Iv-The authorized capital stock
thus corporation is hereby declared ~ he |
ne sum OF forty thousand dollars (s4OOOO OO
men capital stock may be increased in tbe
tanner provided by law to the sum of one
undred thousand dollars (slOO,OOOOO). The /
resently authorized capital stock Of ,bis
orPoration shall be represented by four hun
req (+U) shares OF the par value of one
undred dollars $4,000 each. The said
apItai stock shall be represented by certi.
hh. III ana snail be personal property. 1t
nall De paid for in cash at such times and
suGh amounts and after such notices 20
ie subscribers as may be fixed by the board
directors, and shall be fully paid and
,; 5dtid'sesSa3ie when issued; No transfer of
us corporation unless made in accordance
ith its charter and bylaws and recorded
n the books thereof
article V.-The business of this co-no-,.
on snail be managed and all the corporate
overs thereof shall be vested in and EYE.
SEQ by board of three directors to be
ectea from among its stockholders and
majority OF the directors either pres
~ IN person or represented by proxy.
IAN Constitute quorum. The said
oard of directors shall have the right 70
ominate and appoint such agents, manag.rs
suD-asents as in their Judgment thew deem
eCesSary IN the management of the cornora- |
on and shall have the further power 10 sell
Il Of the assets of the corporation on such
.iis ana conditions as they shall think fit
'ratlon; provided, the resolution autbo-;1ino
le Said sale be passed by majority of the
pHHIu present and voting at any regularly
iIed and convened meeting of the said
Article VI.--The first board of direc,5-s ofl
us corporation shall be composed Of. RoS
= 70 Z; Milling whose post.ofice address is
700 NASHVILLE avenue, New Orleans, Lon.
iiana; Roberts c. Milling, whose post.of6ce
1dreSs IS l46S Nashville Avenue, New Or.
ans, LOUISIANA; and Irving R. Saal, whose
e,w. Orleans, Louisiana; with RobeTt F.
ming as president, Roberts c. Milling.
Vice-presldent, and Irving r. Saal as sec,
st1Ty@treasurer. Said board of directors
la,l serve until the first meeting of stock.
oIaers Tor the election of directors, or until
leir successors are elected and qualified
Article VII-On the first Monday IN La
tiry,, Sio. and annually thereafter on the first
!onday IN January in each wear. a me.tino
me stockholders of this corporation shall
held at its domicile for the purpose Of
eiLnns directors for the ensuing year. A
nlure from any cause whatsoever TO boid
ie annual meeting of stockholders. or The
liuTe TO elect directors thereat, shall NOT
ssoFe tnis corporation, but the directors |