The herald., 1917-11-29
CHARTER

United States OF America, State Of Louisi
ana, Parish of Orleans.
Be it known, that on this sixth day Of
the month OF November, in the year of Ou
Lord thousand nine hundred and sew
enteen Q9H), and of the Independence Of
the United States of America, the one hun
dred and forty-second, before me, Felix J
Dreyfous, notary public, duly commissioned
i'll and for the City of New Orleans, in the
Parish of Orleans, therein residing, and in
| the presence OF the witnesses hereinafter
named and undersigned, personally came and
appeared the several persons whose names
are hereunto subscribed who declared that
availing themselves of the provisions of the
laws OF this State relative to the organiza-
ton of corporations, they have covenanted
and agreed, and do by these presents cove
nant, agree, bind form and constitute them
| selves, as well as such persons as may
hereafter join or become associated with
them,. into corporation and body polite IN
| law, for the objects and purposes, and under
the agreements and stipulations following,
| to-wit:
Article 1.-The name of this corporation
shall be Rose Hill, Inc, under which name
| it shall exist for the longest period permit
| ted by laws of the State of Louisiana, and
| shall enjoy all the power and authority 10
| contract, and be sued; to accept and
receive mortgages, pledges, or other hypoth-
| cations; to make and use a corporate seal,
and the same to break and alter at pleasure
| TO purchase, receive, lease, hold or other
wise acquire and convey, under its corpor-
| ate name, property both real, personal and
| mixed; and to secure same in such manner
| as the Louisiana law may permit; to name
| and appoint such managers and directors,
| officers and agents the interest and con-
| venience OF said corporation may require,
| and to make and establish, as we'll as alter
| and amend at pleasure, such bylaws, rules
| and regulations for the management and
regulation of the affairs of the corporation,
| as may be necessary, proper or conven-
| lent.
Article 1.-The domiciIe OF this corpora
| ton shall be the City of New Orleans,
Louisiana, and all citations or other legal
process shall be served upon the president
of the corporation, or in his absence upon
vice-president.
Article II.-The objects and purposes for
which this corporation is established, and
the nature of the business to be carried on
by it, are declared and specified to be: To
own, hold, lease, buy, sell or otherwise
acquire and ALLEVIATE, and to dedicate, lay
out, operate and conduct a cemetery or Gem
eteries in the City of New Orleans or else
where, and in connection Herewith to own
hold, lease, buy, sell or otherwise acquire
and dedicate, real, personal or mixed prop
erty of all kinds, including particularly land:
and interests in lands, franchises, permits
grants and rights of all kinds from the
State or Federal Government, or any mu
nicipal corporation or other political sub
division thereof; and in connection there
with to own, lease, construct, buy, sell OF
otherwise acquire, ALLEVIATE, operate, care for
conduct and maintain mausoeums, tombs
monuments copings, graves, roadways
lures and any and all embellishments, i'm
provements, additions or betterments used
or proper to be used, in connection with a
cemetery or burial ground, and in connec-
funds, the income from which may be used
and dedicated to said purposes, or any OF
them.
Article IV.-The capital stock Of said cor
poration is hereby fixed at three hundred
and seventy-hve thousand dollars (S575, 00000
divided into or represented by three thou
sand, seven hundred and fifty (3750) shares
of one hundred dollars $4,000 each. Said
| stock shall consist of two different classes
| of issue, one thereof to be known as Pre-
ferred Stock and the other as Common
Stock.
Section /. The amount of said preferred
| stock is fixed at the sum of one hundred
| and twenty-five thousand dollars ($125,00000),
divided into or represented by twelve hum
i dred and fifty (l250) shares of one hundred
dollars $4,000 each. The preferred cap
ital stock shall be entitled by preference
/ and priority over the common stock of the
corporation to dividends in each and every
year at the rate of eight per cent 800
/ per annum, payable out of the profits; such
| dividends shall be cumulative and limited
to eight per cent $50 per annum, and said
other or further share of the profits. No
dividends shall be declared or paid on the
/ common stock in any year until all OF the
| preferred stock, together with all cumulated
/ dividends thereon, shall have been paid in
full and retired. The whole or any part of
| said preferred stock may be called and re-
| tired at par, plus cumulated dividends to
date of payment, at any time, provided that
in case part only OF said stock is called
| for retirement, the part to be so retired
shall be determined by lot. number shall
be placed in the allotment for each out
standing share of preferred stock, and from
the total numbers thus collected, number
or numbers equal TO the number of shares
to be retired shall be drawn by lot. In the
i event of any liquidation dissolution OF
winding up, whether voluntary or invol'
tary, of the corporation, the holders Of the
preferred stock shall be paid in full the
par value of their shares, together with all
cumulated dividends thereon, at the rate Of
eight per cent 800 per annum to the date
of said liquidation, and after payment Il
the holders Of the preferred stock Of IL
par value with said cumuiated dividends
the remaining assets and funds shall bs
divided and paid to the holders of the com
mon stock ratably according to their re
spective shares. The preferred stock shall
be without voting rights of any kind.
Section q The common stock of said cor
poration is hereby fixed at the sum of two
hundred and fifty thousand dollars $3.50,
10000, divided into or represented By
bred dollars each, and shall be entitled 4
such dividends as may be declared by the
Board of Directors subject to the provision.
of Section / hereof, and shall be entitled e
share in the assets and funds of the cor
poration only in the manner prescribed II
Section / hereof, and in no other way. Ex
Il cept when otherwise provided by existing
laws, or laws hereinafter enacted, which
II NAV constitutionally be retroactive, all vot
1 ing rights of every kind shall be exclu'
sively vested in the holders Of the common
4 stock each holder being entitled to one vote
for each share registered in his name al
i the date of the closing of the books foi
election purposes, which vote may be cast
j either in person or by proxy.
Separate stock books and stock registers
\ shall be kept for each class of stock
4 The whole of said stock or any part there
\ of may be issued and delivered to any per.
| son, firm or corporation for the requirement
| of the rights, privileges, permits, franchises
l property, servitudes leases or any pari
thereof owned or controlled by said person
or CORPORATION, also in payment, settlement
and adjustment of the costs, fees, charges
: and expenses incurred for services rem
dered in the formation and organization Of
this corporation and in acquiring and bring
ing about the purchase OF the property
rights, permits and franchises Aforesaid; als'
| for cash or in installments of such amounts
as the Board of Directors may determine
also for property received or services actu
ally rendered to this company. The Boar
of Directors herein created is specially au
: thorized to dispose of the stock or any par
thereof for any and all of the purposes abov
stated, and it is particularly authorized ;
dispose of said stock, or any part thereof
/ to the London Development Company, IN ex
change for the land or any part thereof q