The herald., 1917-04-12
CHARTER
IF TIE ST. CHARLES STREET REALTY
COMPANY. INC.

|
| United States OF America, State OF Louisiana
| Parish u Orleans, City 81 New Orleans.
| BE Il known, that on this, the Sid day
, Of the month Of March IN the wear OF on
Lord, one thousand, nine hundred and sew
cntccr, and OF the independence of the United
| States OF America, the one hundred anC
! f1rty-tlrSt, before me. Wear +. Milling.
( | notary public. duly commissioned and quail.
red within and for the Parish OF Orleans
| State Of Louisiana, and in the presence %
the witnesses hereinafter named and under
signed, personally came and appeared tn,
| several persons whose names are hcrcunt,
| subscribed, who seycrllly declared that
| avalllng themselves Of the benefits and pro
, visions OF the Constitution OF the state o.
! Louisiana and OF the laws Of said state re-
atiye 70 the organization OF corporations, ant
particularly Of the provisions Of Act No. 26
u the General Assembly Of the State o.
Louisiana for the year 1914. they have unite
to form and do, by these presents form an,
! organize themselves, as well all such othcI
persons who may hereafter JOIN or become
associated with them or their successors int
stock corporation Tor the objects and pur
poses and under the covenants. stipulation
and agreements following, to-wit:
Article The name and title Of thi,
corporation shall be: ST. Charles Stree
Realty Company. Inc and under and by
cprtinCe with law and this charter IL shall
exist and continue, and shall have and enjoy
corporate existence and succession for a pc
Irod Of ulnety-rinc t92l years from and after
the date of this act. II may have, hold, re.
| ceive, borrow, loan, exchange. acquire bv
grant GIT or purchase, devise or bcqueSt,
sell; ALLEVIATE, dispose Of, convey, lease,
pledge. pawn, hypothecate. cucumber or mort
gage property % any Kind, whether real,
personal or mixed corporeal or incorporeaI.
movable or Immovable, all subject t. such
| limitations as may be prescribed by law
| /, may make, issue and endorse bonds or
| notes and other evidences Of debt Il may
| accept mortgages, pledges or other forms Of
| security tor money loaned or other debts. L.
L a 10 lr,A ia
| iMpledied by It's corporate name in any
| court II competent Jurisdictions II may
| make, adopt and use a common seal and alter
| the same At pleasure. Il may hold stock in
! pe issued tor capital stock in other corpora
| tons. It may name, appoint and employ
such managers directors. officers. agents and
'iher employees As it. said business and con-
venence may require. and may fix their
compensation having due regard to the ma
ture, character and value of their services
Il may make and establish bylaws, rules
and regulations not inconsistent with this
ShaTteT or any existing law. fixing or alter
| ~ lle hsndgenent OF It's property, the reg
uIatl"n and government OF its affairs, and
the manner OF the Certihcation and registra-
non OF IT. stock. II may wind up and dis
solve itself, or he wound I'D and dissolved
IN the manner prescribed by law 1t may
conduct business in this State, other states
| the Federal Districts, the Territories and
possessions Of the United States, and any
foreign country. II shall have the power TO
invest us board Of directors with all OF its
corporate powers, subject TO such restric-
lions as may be named in this charte-. And
It generally. shall possess all the powers,
rights, privileges and immunities which cor
porStionS are and may hereafter be author
ized 10 possess under the Constitution and
laws OF this State, and particularly under
ACT No. lH OF the Acts of the General As
sembly OF the State Of Louisiana for the
Article 1.-THE domcie Of this corpora.
ton snail be at the City OF New Orleans
Parish OF Orleans, State of Louisiana.
Aril'ie IIl.-Ihe objects and purposes for
"nich TINS corporation is formed and the
nature 81 the bus ness to be carried on bv
II, are hereby declared to be: To buv. sell
s exc ,1ss let lease hold and generally deal
or unimproved, buildings and building ma.
!eFiaISi 10 act as agent in the letting leas-
ing niring or selling of real estate build
lnss and lots; TO contract on behalf Of itself
or for other parties for the erection renal
or equipment of all kinds of buildings fac
tories, mills and other works; TO borrow
money ana grant mortgages, bond mortgage.
OF no'eS theretor to lend money and to re-
CeiVe therefor mortgages, bonds or any Other
e'ldehces OF indebtedness; TO erect, main
lam and operate apartments, apartment
houses' hotels boarding houses or lodging
b buuSes ana generally to engage in the hotel
business; and TO carry any other bust.
ness. which, under the law, il NAV be en-.
htIed 70 carry on which NAV seem IN ,he
corporation to be calculated, directly or in
or either of them, or TO facilitate II in tbs
transaction OF its aforesaid business or bns
InesseS' or any part thereof, or in the trans
az OF any other lawful business that may
pe calculated, directly or indirectly, TO en-.
nance the value of or TO render profitable
any OF the company's properties and rights
and generally to hold and exercise ali sncb
incidental powers and privileges as relate m |
the objects and purposes hereinahoye co.
forth or as may be necessary useful or con- |
venient for efecting said objects and MIR.
poses. anu Pu'
Article IV.-The authorized cani,,r s.o.t.
OF this corporation is hereby declared N he
the sum OF forty thousand dollars (s4OOOO ny |
when capital stock may be increased in the /
b mndred PROVIDED t6 by law to the sum of one
presently authorized capital stock Of this
corporation shall be represented bv four bnn1
5 5nnd- e%V' shares Of the par value of one
capital stock shall be represented Nv CO.;
Gates, and shall be personal propeT,v 7,
snail be paid for in cash at such times and
IN m suGh amounts and after such notices to
OF directors, and shall be fully paid and
non, assessable when issiied. No transfe- Of
t saia capital capital stock shall be binding upon
with its charter and bylaws and Tecorded
on. the books thereof. o0iueu
Article E.-The business of This co-,o-,-
non snail be managed and all the corporate
cised BY board of three directors N he
elected from among its Stockholders and
d majority OF the directors either nres |
ent IN person or represented by proxy
IHdIl constitute quorum. The said
BOARD OF directors shall have the right N |
nominate and appoint such agents. managers
vi suD-dgents as in their judgment thew deem
!:eCesSdry IN the management of the corpora. |
tI9n ana snail have the further power 10 sell
az OF the assets OF the corporation on such
teIns ana conditions they shall think III |
anu proper for the best interests of the cor.
PoIduon; provided, the resolution authorizing
She sara sale be passed by a majority of the
IL present. ana voting at any regularly |
board. "a tHe salu
, Article VI-The first board of directors ofl
TINS corporation shall be composed Of. Rob'
et II Z; Milling, whose post-ofice address is
iToo nashville avenue, New Orleans, Lou
lSiana; Roberts c. Milling, whose post.of;c.
SduureSS IS 1908 Nashville Avenue New Or
Ieans' Louisiana; and Irving X. SaaI. who's.
poSt-ottlce address is 1922 Pension st-,.,
,N,eww orleans, louisiana; with Robert y
Mining as president, Roberts c. Milling,
as vlce-president, and Irving R. Saal as see,
tetaTy-tTeasurer. Said board of directors
SAS,I serve until the first meeting OF stock
noIders Tor the election of directors. or until
their successors are elected and qualified.
Arteie NIL-On the first Monday in Ian.
vary l9lS and annually thereafter on the 6rst
Monday IN January in each year, meetino
OF the stockholders of this CORPORATION sha1f
De held at its domicile for the burmese Of
eleeting directors for the ensuing wear.
failure from any cause whatsoever TO hold
me annual meeting Of stockholders, or the
ialIuIe TO elect directors thereat shall NOT
uisSolve this corporation but the d;r.o..-.