The herald., 1917-04-19
CHAR TER

OF SCOTIA REALTY COMPANY, INC.
United States Of America, State OF LoU!si-
ana. Parish OF Orleans, City OF New
Orleans.
the month OF April, in the year OF our
Lord one thousand nine hundred and seven,
teen, and OF the independence OF the niied
States OF America. the one hundred ana
a notary public, duly commiss stoned ana
qualitied, in and for the parish OF Orleans
therein residing, personally came and ap,
peared. in the presence OF me uhdcISl Eala
unto subscribd, who severally declared thar
availing themselves all and singular, OF the
laws Of the State OF Louisiana, relative TO
the organization OF corporations, they nave
covenanted and agreed to form themselves as
well as such persons may hereafter be-
come associated with them or succeed them'
into a corporation or body polite IN Ia"
for the objects and purposes and under the
stipulations following which they adopt as
their charter to-wlt:
Article 1.-The name OF this corporation
shall be Scotia Realty Company Inc,
and under said name II shall have power
and authority OF existence and succession
for ninety-nine years from and after the
! date OF this act; to contract, sue ana ne
sued; TO make, use and break a cofpor ,a,.
| seal TO hold. receive, lease, suitcase, pur-
| chase, sell or convey or exchange properly
| real personal or mixed, and 10 mortgage
\ hypothecate or pledge the same; 70 borrow
4 money
property real, personal or mixed or other
wise; 10 appoint such managers, oincers or
| EMPLOYEES as its interests may require; u
establish, alter, amend such regulations
! rules or by laws Tor the conduct OF IT'S Dus-
| mess as il may deem proper.
| Article 1.-THE domicile OF this said cor
| poration shall be in the City OF New VI
leans State OF Louisiana, and all citations
| or other legal process shall be served upon
| the president OF the corporation, or IN the
| event Of his absence on the secretary.
| Article III.-The objects and purposes o.
this corporation are TO acquire, hold and pos
sess by what title sOever lmmOvaD!e property
4 Of every description, whether by purchase
lease, donation, exchange or otherwise, anl
| the same 10 sell, exchange, lease or dispose
Of in any lawful manner. TO improve the SAINT
BY erecting buildings thereon or otherwise
as in the interest OF this corporation maj
| seem TT and proper and for such or an,
other purpose to borrow money whether OF
the credit OF the corporation, or on note
| D fthe company secured by mortgage on ~
| said property or otherwise, and to LOAF
money upon mortgage or other securities, AM
in general to do any and all acts and thing
incidental 20 owning. holding or general.
| dealing in real estate as business.
Article IN-The capital stock ot this cor
poration is hereby declared % be the sum 0
twenty thousand dollars, the same 10 b
divided into two hundred shares OF the pa
value Of one hundred dollars each, TO b.
paid for in cash. or in consideration Tor I'm
movable property, or other rights or inter
ests pertaining TO imm0va5.e property trans
( fe-red 70 this corporation in lieu OF cash :
} be determined from appraised values sc
: upon such property. rights or interests b
the board OF directors, for which propert
. so transferred this corporation may issue i
Il full PAID or uou-asscss able stock at par tn
/! aid original stock may be increased 70
1 sum not exceeding tfty thousand dollars.
II This corporation shall begin business II
=; tmediately upon the filing Of this charter i
= L the mortgage Office Of this parish for reco'
; daton.
II No stockhoider shall sell or dispose OF an
2 / Of the stock OF this corporation without M.
:ihaying offered the same for sale 10 the otht
l stockholders in a letter addressed and q,
!. | livered TO the president Of the board OF d
rectors or to the said board, naming there's