The herald., 1917-04-26
CHARTER

OF SCOTIA REALTY COMPANY, INC.
United States OF America, State OF Loulsl-
ana, Parish of Orleans, City OF New
Orleans. -, l., =
the month OF April, in the year OF our
Lord one thousand nine hundred and seven,
teen, and of the independence OF the ! nited
States of America, the one hundred ana
a notary public, duly commi stoned and
0ualifed, in and for the parish OF Orleans
therein residing, personally came ana api
peared. in the presence OF the uhueIs t me-
Yi,1esses the persons whose names are mere
IN, subscribd who severally declared that
9vait = themselves all and singular, OF the
laws OF the State of Louisiana, relative 10
the organization OF corporations, they nave
covenanted and agreed 10 form themselves as
well as such pvI,rns as may hereafter, De
come associated with hem or succeed 'heIH'
into a corporation or BODY polite IN Ia"
for the objects and purposes and under the
stipuiations following which thew adopt as
| their charter, to-wIt: :-
| shall be Scotia Realty Company, &c,
l and under said name It shall nave Po"
and authority of existence and successlo"
for ninety-nine years from and after me
| date of this act; to contract, sue and De
| seal. 10 hold, receive, lease, suitcase, pur-
4 chase sell or convey or exchange property
| real. personal or mixed, and 10 mortgage
hypothecate or pledge the same; to borrow
/ lend
property real, personal mixed or other
wise: to appoint such managers ofhcers OF
) employees as its interests may require; u
Establish, alter, amend such regulations
rule: o. By m 5aw' deem i9r 'q pro PePa"'' "
Il Article 1.-THE dOmicile OF this said cor
poration shall be in the City Of New VI
I leans, State of Louisiana, and all eitatlon
or other legal process shall be served upoi
, the president OF the corporation, or IN M
I event of his absence on the secretary.
|. Article III.-The objects and purposes o
|. this corporation are 70 acquire, ho!d ana pos
sess by what title soever immovable propert,
| OF every description, whether by purchase
. llease donation, exchange or otherwise, an
the same to SELL exchange, lease or dispos
Of in any lawful manner, TO improve me sam
nv erecting buildings thereon or otherwis
as in the interest OF this corporation ma
. seem fit and proper and for such or an
5 | other purpose TO borrow money whether o
, the credit Of the corporation, or on more
| q fthe company secured by mortgage on II
isaid property or otherwise, and to loa
3 money upon mortgage or other securities, an
in general to do any and all acts and ihing
incidental TO owning, holding 90. o, sene'4'i
E Article IV.-The capital stock OF tins col
poration is hereby declared to be the sum
twenty thousand dollars, the same to D
divided into two hundred snaIes 81 "e %
Maid for in cash. or in consideration tor IN
[ movable property, or other rights or lnte
/: ests pertaining 10 immovaole property tram
I ferred 10 this corporation in lieu OF cash
o be determined from appraised values 81
!. uDou such property, rights or interests 0
> the hoard OF directors, for which properi
i so transferred this corporation may issue !
!, fnll paid or non-assessable stock at par. II
] said original stock may be increased 20
sur1 NOT exceeding fifty thousand dollars.
Il This corporation shall begin business II
!. lmediately upon the filing Of this charter
). the mortgage Office Of this parish for reco
}; daton.
No stockholder shall sell or dispose OF al
% of the stock of this corporation without tr
i: having offered the same for sale 70. the 9th
:. stockbolders in a letter addressed and. d
= IIiyered TO the president Of the board OF
rectors or to the said board, naming thefe