The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-05
CHARTER OF INCORPORATION OF
MASON BLANCHE BUILDING
ANNEX INC.

United States Of America, State of Louis
lana:
be it known, that on this 10Th day of the
month Of July, in the year OF our Lord
O.e Thousand Nine Hundred and Eighteen
before me, Philip Gensler, Jr., a Notary
Public, duly commissioned and qualified in
Louisiana, and in the presence OF the wit
nesses hereinafter named and unders gned
personally came and appeared the several
persons whose names are hereunto subscribed
who severally declare that avaiing them
selves OF the provisions of the laws OF this
State relating to organization of corpora
tons, they have contracted and agreed, and
do by these presents contract and agree and
bind and obligate themselves as well as
such persons as may become associated with
them, to form themselves into and TO insti-
tute corporation body polite in law, with
the objects and purposes and under the
conditions ard stipulations of the following
articles of Incorporation, to-wit:
ARTICLE 1.-The name of this corpora
ton shall be Maison- Blanche Building An
mex, Inc, and under its corporate name it
shall enjoy. succession for the full period
OF ninety-nine years from date hereof, un-
less sooner dissolved by liquidation or other
wise, and shall have power and authority
to contract, TO sue and be sued; TO make
mortgages and pledges; to make and use a
corporate seal and to alter and break same
at pleasure; to hold, receive, lease, purchase,
sell, transfer, assign, mortgage, hypothecate,
pledge or otherwise receive, use or dispose
OF property, real, personal or mixed, corporeal
and incorporeal; to isue bonds and TO Sc
cure the same by mortgage; buy and hold
stock in other companies; 10 create and ac-
cept mortgages, pledges or other hypothe-
cations; elect and appoint such managers,
agents, directors or officers as il NAV re-
quire; to make and establish, alter and
amend, rules, bylaws and regulations for
It's proper government.
ARTICLE 1.-THE domiciie of the corpo-
ration shall be at the City OF New Orleans.
Parish Orleans fat Of ,,,I
citation and other legal process shall be
served upon the President of the corporation
and in the event OF his absence, shall then
be served provided by law
ARTICLE III.-The objects and purposes
tor which this corporation is created and or.
gained and the nature of the business to
be carried on by it, are declared to be as
tollows
To purchase, hold, sell. improve. mortgage.
deal in real estate and the improvements
and properties located thereon or incidental
thereto or connected Herewith, and to that
end, to acquire by purchase, lease or other
wise, any lands, properties and improve
ments, or interest therein; to hold and man
age and improve the same; to lease and sub
lease, mortgage or otherwise dispose of the
lands and properties; to construct erect
equip, repair and improve buildings or stores
and to enter into contracts for such pur-
pose or purposes; to operate any store or
stores owned by the Company, and generally
70 do any and all things necessary and
real estate and the Improvements thereon.
and the lease. control, sale, purchase and
handling of same, and the operation for
store or other purposes of any premises own
ed or controlled by the Company; to ex-
change its capital stock, or any part thereof
Tor property which it may acquire; TO issue
bonds and give mortgages in such amounts as
1t may determine; to hold stock in other cor
porations incidental to its business and
purposes; and generally TO do anything nee
essary and proper for the accomplishment
of the objects of the corporation
ARTICLE lV.-The capital stock of this
corporation is hereby fixed at the sum of
Two Hundred and Fifty Thousand Dollars
(S25OOOoOO), divided into and represented by
Twenty Five Hundred (2,5OO) shares of the
par. value of One Hundred CslOOOO Dollars
each
Said stock shall be issued in two classes.
The first to be known as Class "a" stock.
and the second to be known as Class "B"
stock.
Section L: The amount of Class "a"
stock is fixed at the sum of One Hundred
and Twenty-Five Thousand (sI25,OOOOO Dol,
lars. divided into and represented by Twelve
Hundred and Fifty 0,25O) shares of the par
value of One Hundred $4,000 Dollars each.
Said stock shall have the privilege of elect.
tion, and no distribution or division of said
stock shall create in the holders thereof in
any FORM the right to elect more than two
Directors of the corporation.
IS fixed at the sum of One Hundred and
Twenty-Five Thousand ($125OO0OO) Dollars,
divided into and represented by Twelve Hun
dred and Fifty Q,25O shares of the par
value of One Hundred $4,000 Dollars each
Said stock shall have the privilege of elect
ing two, and only two. Directors of the cor
poration. and no distribution or division Of
the said stock shall create in the holders
thereof in any form. the right to elect more
than two Directors of the corporation.
1t is the intention and purpose of Section
One and Section Two of this Article to place
in the holders of Class "a" stock the right.
without interference from holders of Class
"B' stock, to elect two. and only two, Di-
rectors of the corporation, and to place in
the holders of Class "B" stock the right.
without any interference from holders of
Class "A" stock, to elect two, and only two,
Directors Of the corporation.
ARTICLE V.-This corporation shall be-
come a going concern and shall be authorized
to commence business as soon as One Hun
dred and Fifty thousand el50,0OO.O0) Dollars
OF its capital stock shall have been paid for
either in cash or its equivalent, as provided
by law. The stock of tn sicorporation or
any part thereof, may be delivered to any
person, firm or corporation in return for the