The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-21
CHARTERS
CHARTER OF
THE SOUTHLAND HOME COMPANY,
INEnRP0R ATED
United States of America, State Of Lou
isiann Parish of Orleans. CITY of New

INCORPORATED.
United States of America, State or Lou
isiana, Parish Of Orleans, City Of New
BE it known, that on this ninth day OF
the month of March, in the year or our
Lord one thousand nine hundred and
United States of America, the one hun
bred and fOrty-second, before me, William
J. FOrmentO, a Notary Public, duly com
missioned and qualified, in and for the
CITY of New Orleans, Parish of Orleans
therein residing, and in the presence OF
the witnesses hereinafter named and IN,
dersigned. personally came and appeared
the several parties whose names are here
To Subscribed all Of the full age of ma
iOrity and residents of this city, VINO
severaliy declared that availing them
selves Of the laws of the State OF Louis
lana, and especially Of Act 10! OF l9lf, III
such cases made and provided, they have
formed and organized, and by these pres
ents do form and organize themselves IN
to a corporation for the objects and pur,
noses and under the stipulatiOns and
agreements hereinafter set forth and eX,
pressed, which they hereby accept and
adopt as their charter, to-wit:
Article. 1.-The name and title OF the
CORPORATION hereby formed is declared to
be: southland Home Company, lncor-
porated." .ho
CITY of New Orleans State OF Louisiana,
where all stockholders and Directors
meetings must be held, and shall have
and enjoy succession for a period OF nine
ty-nine (99) years from the date hereof.
Article III-All citation or other legal
process shall be served on the President,
and in case of his absence or inability 10
act, upon the Vice-President, Secretary
or Treasurer. .
for which this corporation is organized
and the nature Of the business to be car
ried on by it, are declared to be; 10
build houses on the Southlanu nome
material
ready-cut houses; purchase, sell, mort
gage. lease or otherwise acquire property,
real personal or mixed, and generally DO
any and all things necessary IN or lhcl-
dental to the business.
Article V-The capital stock of this
corporation Is hereby fixed at the sum
of Five Thousand Dollars $5OOO.O), dl-
yided into Five hundred (JOOl shares or
The mar value of Ten Dollars $4,000 each
of which amount $2,64O.O0 has been sub,
scribed for; which stock may be issued
full paid and non assessable for cash, or
for property transferred for value, or ser
vices actually rendered to said corpora
ton Said capital stock may be IN
creased to Fifty thousand Dollars lsJO:
OOO.O0). Before any stakeholder shall OF
fer his stock to any outsider Tor sale, ne
shall first offer same to the COmpany's
stockholders, thru its President, ut
price not exceeding what he is willing TO
accept from an outsider.
Article VI.-All the corporate powers OF
this corporation shall be vested In ana
exercised by a Board of Directors, consist
ing of five 90 members, three 90 OF
whom shall constitute quorum ITO ior s tne
board of Directors shall be composed OF
the following stockholders: W. A. Curtis,
I4i6 Prytania ST., n. J. Barrios, 6S3I West
R Rom St Mrs. Il. b. wagstaff, 1917
Camp St, and s. NJ. Fucich, 532 Du-
maine St, who shall hold their Office un-
I'll the last Thursday in February, lgi ,'
or until their successors nave Deeh duiy
appointed and qualified.
The first officers of this corporation
shall be N. j. Barrios, President, w A.
Curtis, Vice-President and General Man,
arer, Mrs. Il. Il. Wagstaff, Secretary, and
8. NJ. Fucich, Treasurer, who shall hoid
their office until the last Thursday In
February, 1919, or until their successors
shall have been duly appointed and quar-
On the last Thursday in February, 1919
unless said day be a dies non, then In
such case, on the first succeeding Judl-
cial day and annually Thereafter, an eieco
ton for Directors shall be held at the
Offices of the corporation, under the sup
eryision of three commissioners. Notice
for annual meetings and Tor stockholu-
ers' meetings shall be given by the sec
retary, TO each stakeholder, either In per
son or by depositing written notice IN
the Post Office properly addressed 20
him, at least fifteen Q5) days before SAID
All stockholders shall vote. at all meet
ings, by ballot, and majority OF the
stock issued shall govern on all ques-
lions. Each share of stock snail De en-
titled to one () vote, either In person or
Article yII-whenever this Corporation
is dissolved, either by limitation OF its
Charter or for any other cause, It's anairs
shall be liquidated by three commission
ers to be elected from among the stock
holders, convened for that purpose after
thirty 500 days prior written NOTICE t
such shall all t nave mailed
10 his last known address. Said COM
missioners shall remain In office until the
affairs of the corporation shall have oeeh
or two of said commissioners, the surviv-
or or survivors shall continue to act.
Article VIII.-This Act of Incorporation
may be changed, modified or amended, or
this Corporation may be dissolved, with
the assent of two-thirds (2-3) of the whole
capital stock, convened for that purpose,
after the giving of the notice stated In
paragraph V. Of this Charter =, ,h,s cor-
poration shall ever be held liable Tor the
contracts or faults thereof, in any fur-
Their sum than the unpaid balance due 10
the corporation on the shares $40. Oh , stSvk
mality in organization have the erect OF
rendering this Charter null or exposing
a stakeholder to any liability beyond the
unpaid amount of his stock
Article X-The subscribers to the cap
ital stock of this corporation have SCI
opposite their names the amount OF stock
subscribed for by them, which subscrip-
ton is to stand In lieu Of formal SUD-
scription to stock.
Thus done and passed, in my notarial
Office, at the City Of New Orleans, Louis
lana, in, the presence Of Messieurs X; r;
Teissier and Frank ]. stitch, competent
witnesses of lawful age, and residents OF
this City. who hereunto subscribe their
names, together with the said appearers
and me, Notary, after due reading Of the
whole.
JOriginal signed) W. A. Curtis, n. j. Bar
wM. ]. FoRMENTO, Not. Pub;
1, the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpor-
alton of the Southland Home Company,
Incorporated. was this day duly record
ed in my Office in Book 1919. Folio Al.
New orleans, March 9th, 1918.
fsigned) EMILE J. LEONARD, ID. X.
A true copy from the original.
VIM J. FORMENTO, Not. Pub.
All Anr 4-1-1S