The herald., 1917-08-02

LIZ O4SAA>~A
month OF June in The year OF our Lo.d, one
thousand nine hundred and seventeen, before
me, Sidney l.. FcblemaUn, notary pubic
in and fJr the State Of Louisiana, PARISH Of
Orleans. aforesaid, daily commissioned and
qualified, and IN the presence OF the WIZ
ue,>cs hereinafter named and unde'S s"ed
personally came and appeared the SevcTi
persons whose names are hereunto SUP
,cr.1rl. Who declared - ne, notary, m me
presence II the undersigned witnesses 'Al'
4va..lrK themselves u the provisions o: l'5
laws %; the State OF Louisiana, and pact'c
uiac.s Act hi Of the General Assembly Of
The state Of Louisiana :Dr ne year 1914 they
have mutually agreed and contracted, and
by these presents d. agree and contract and
bind and JJlIga;c themselves, their heirs
and assigns. and all persons who may here
after become associated with them herein
- form a corporation under the name and
Tor the objects and purposes, and under the
terms and StlpulauoHs and PROVISIONS con
tanned the following articles, tO-"it;
laD The name Of this corporation shan ot
The P5utchar;raiu Hotel Company, Inc.
(JJ The objects and purposes i1- whlct
'hiS corporation - organized and the nature
IF the business 70 hc carried on by u are
hereby declared - be. To purchase, lease
or otherwise acquire, for cash or on terms Of
credit, real estate IN the Cl;y OF New Or
leans, or elsewhere; 20 erect thereon hotels
y other buildings, and 70 sell, lease or other
wise dispose Of same; 70 Own, lease and Opcr'
ate IN the city Of New Orleans, and else
where. one or more hotels, and ali ddJuncts
and accessories thereto, including restau'
rant, bar room. barber shops, baths, news
and cigar stores, roof gardens and 70 FUR
ash amusemeuts therefor; 10 do and per
form any and all things Tor the pleasure,
comfort, convenience and amusement OF
guests in said hotels; 70 promote lmmlgra-
ton and travel 20 the city OF New Orleans;
to own the stocks and bonds OF other cOrpO-
ratiOus, and particularly Of corporations en-
gagged in buying, selling and leasing real
estate and hotels and IN operating same; and
generally TO do any and al things necessary,
pertinent, or convenient 10 the powers here
IN and hereby conferred
tcJ The capital stock Of this corporation
hall be three hundred thousand dollars
$4,000.
Id The capital stock of this corporation
may be increased 10 five hundred thousand
dollars (S5O0,GlOJ.
te) The capital stock as presently. oonsti-
tu.ed shall consist of three thousand shares
$500 OF The par value o; one hundred dol
lars tSlo0oD q share, fully paid and non
ass"Ssablc.
The payment Of the subscription . the
capital stock by Albert Ascharenhurg Tor one
hundred fifty shares u5u, o. fifteen thou
follows:
The said Albert Aschafen5urg has secured
an option 70 purchase The ground on which
t IS proposed 70 erect ho;e. building, and
The property known as ~ University
Place, between Cana! and Common streets,
IN square bounded by :. Rampant street, IN
tins city, measuring . To- s. lines on Uni
versj:y Place, by depth on the side line
towards Canal street Of l1J ," -, and other
depths; and frontage on ;. Rampant street
Of 81 II" go.
Which SAID option vas granted by Peter
lang % said Albert Aschatteulurg on March
= 1911, Tor sixty days. and has been ex-
tended. The consideration Tor said option
being $1,000, o1e-thiri or more cash. Said
Albert ASchafen5urg Will transfer and as
sign SAID option % this corporation for the
price and sum Of fifteen thousand dollars
lSl5.oOOoO, and the corporation Will carry
lpt said option by purchasing the atore-de-
,c-loed property IN the place and stead Of
said Abe; ASchafcn5u-g fo- the sum Of
one hundred and twenty thousand dollars
lSlG,UnWJ, Is or more cash, as may be
agreed upon. The amount OF $4,000 70 be
paid said Alher. Aschatfc0hurg shall be rep
resented by hundred fifty U5OD shares Of
the capital stock Of this corporation, of the
par value OF hundred dollars N0W
The directors OF this corporation appraise
the value OF the option transferred % this
corporation by said Albert Aschaiterburg and
the value Of the services rendered and 10
be rendered by said Albert ASchaffenjurg in
connection with the organization of this COM
pany, acquisition OF the property, preparing
data and making contracts Tor furnishing
the Hotel and preparing Tor its operation
up 70 sIc udN II : opened tp- business, Al
the aforesaid sum OF fifteen thousand dol
lars G5.g0O0D.
q The domicile OF this corporation shall
he in the city Of New Orleans. State of
Louisiana.
(s) This corporation shall exist and en-.
l1y succession for the full term and period
of n:rety-nire years from the date hereof.
Oh The business and affairs OF this coz
poratior shall he conducted by seven G)
directors elected by and from the stock
holders annually, in whom shall be vested
al! the powers OF this corporation. They
shall elect from their number a president
vice president secretary and treasurer. The
annual meeting for the election Of directors
Il this corporation shall be on the last Mon.
lay Of September OF each year. The first
board OF directors and officers Of this cor
ooration shall be composed OF the following
FAMED persons who shall serve until the last
Monday in September. 1921. Or until their
successors are elected: Albert Aschaffen-
purg president. 900 s.. Charles Ave: NJ J.
Nahao, vice president, l2l7 Jackson Avenue;
Peter Pete Jung '5Teasu5geT; MonteIeone Hotel;
-harles levy. 7oi Pine ST.; G, 4. MacD Dfs;,
MD. lI22 Jackson Ave, and c. A Sporl,
secretary, -352l Whitney Building, all of New
Orleans. Louisiana.
Cd This article OF Incorporation bears the
names and post Office addresses of the sub
'criters to same, and a statement of the
number OF shares which each agrees TO take
% This corporation shall have all the
lowers enumerated IN SECTION or Act 267
II the General Assembly OF the State of
louisiana for the year 1914
tk) This act OF Incorporation may be
amended. and the corporation dissolved and
Is affairs liqudated, provided for in Act
67 OF the General Assembly OF the State
u Louisiana for the year 1914.
Thus done and passed, in my Office in New
orleans, Louisiana, on the date, and in the
month and year herein first above written, in
he presence OF Ross f. B-eazeale and w. II.
Reynolds, competent witnesses, residing in
his city, who have hereunto signed their
lanes with appearers and NE, notary, after
eading OF the whole.
Original signed Names of subscribers |
nitteu.
Witnesses: Ross E. Brezeale, W. II. Rey-
lodS.
SIDNEY L. FEIBLEMAN. Notary Public |
l, the undersigned recorder of mortgages,
n and for the Parish OF Orleans, State of |
-ouis lana, do hereby certify that the above
nd foregoing act of Incorporation. of the !
'ortchartrain Hotel Co.. Inc was this dav |
uIy recorded in my office in book 1872, folio
New Orleans. June 81, 1917.
Signed EMILE J. LEONARD. Dy Clerk.
a true copy of the original.
New Orleans, Louisiana. June %. 1917.
SIDNEY L. FEIBLEMAN. Notary Public
me % July y 70 % aug