The herald. [volume] (New Orleans, La.) 1905-1953, 1918-11-21
CHARTER.

ligate themselves, as we'll as all such per
sons may become associated with them, to
| form themselves into and constitute a cor
poration and body polite in law, for the OBJ
| jects and purposes and under the conditions
| and stipulations of the articles following, to-
| wit:
ARTICLE 1.-The name and title of said
corporation shall me Rosenberg Realty Com
| pany, Inc, and under its said corporate name
| it shall have power and authority and enjoy
| succession for the full term and period of
| ninety nine years from and after the date
| hereof; to contract, sue and be sued, to &C
| cePt and receive mortgages, pledges or other
| hypothecations, TO make and use a corporate
| seal, and the same TO break and alter at
| pleasure, to purchase, receive, lease, hold or
| otherwise acquire, and convey, as we'll as
| mortgage and hypothecate under its corpO-
| rate name property both real and personal
| and mixed, to name and appoint such manag-
ers and directors, officers and agents as the
| interests and conveniences Of said corporation
may require, to make and establish, well
as alter and amend at pleasure such by
laws, rules and regulations for the proper
management Of the affairs of said corporation
as may be necessary and proper.
| ARTICLE 1.-THE domicile Of said corpo-
! ration shall be New Orleans. Parish of Or
| leans, State OF louisiana, and all citations
! or other legal process shall be served upon
the president of said corporation, or in case
| OF his absence, upon the vice-president, or
in the absence of both of these officers, upon
| the secretary OF the corporation.
| ARTICLE III.-The objects and purposes
Tor which this corporation is organized, and
| the nature OF the business to be carried on
/ by IT, are hereby declared 10 be: to buy,
| sell, or otherwise acquire and ALLEVIATE, real
| estate and lands in the State of louisiana
or elsewhere, to lease and release said real
| estate and lands, to mortgage and hypothe-
| cate the same, to subdivide same into build
| ing lots and to build upon and otherwise i'm
prove same, and to do general real estate
and land business; to exchange its entire
| capital stock, or any part thereof, for proD-
erty which it is authorized to acquire, or to
| exchange its assets and business, in whole
| or IN part, for money or stocks or bonds or
| Obligations of other companies, and to do
any and all such acts and things as may or
shall be necessary and proper to carry out
| said objects and purposes.
ARTICLE IV.-The capital stock of said
| corporation is hereby fixed at One Hun
dred and Twenty-Five Thousand Six Hun.
bred ($l2l oCO0O Dollars, divided into or
| represented by twelve hundred and sixteen
| ll1lo) shares OF the par value of $4,000 each
The whole Of said stock, any part thereof
may be issued or delivered TO any person.
| firm or corporation for the requirement of
the rights, privileges, franchises, property,
| serVitudes, or any part thereof, owned and
| controlled by such persons or corporation
| also IN payment, settlement and adjustment
| OF the costs, fees, charges, expenses and
| commissions incurred for services rendered in
|
| poration, and in acquiring and bringing about
| the purchase Of the property, rights and
| franchises aforesaid, also for cash or in
InStallments of such amounts as the Board
Of Directors may determine, also for mer-
| chandise received or for services actually
| rendered to this company The Board of ID.
rectors hereinafter created is specially au-
thorized to dispose of the stock or any part
| thereof for any and all of the purposes above
| stated, as in its judgment may seem fair and
proper. Said capital stock may be in
creased to Two Hundred Thousand $780,
10000 Dollars
ARTICLE V.-All powers of this corpora
ton shall be vested in and exercised by
board OF not more than five, and not less
than three directors, each of whom shall
hold IN his own name on the books of the
company at least one unpledged share of
stock. The board shall elect from their num-
Der president, vice-president, a secre-
tary, and treasurer, and such other officers
as they may think proper or convenient for
the carrying on of the company's business,
and shall have power to unite two or more
offices, and the same to confer upon one per-
son, or to dispense with any office in IT'S
discretion, and to fix the salaries of all Of
ficers, agents and employees. The board of
directors shall be elected annually on the
second Monday of October of each year, the
iiTst election to be held in the year 1919
All such elections shall be by ballot at the
office OF the corporation. Notice of annual
| meetings, as we'll special meetings of
stockholders, shall be given by written no.
tice mailed fifteen days in advance of the
date OF such meeting to each stakeholder APP
Pear1ng as such on the books of the COM
| pany at his last designated address or at
| the General Delivery at New Orleans Lon.
| isiana, II he has not designated an address
Each shareholder shall be entitled to one
vote for each share of stock standing in his
| name on the books of the company said vote
to be cast In person or by proxy and A
majority OF the votes cast shall elect The
board OF directors shall have power to fill
all vacancies which may occur, or in any
manner arse or be created, by the board
| OF directors, even though no Quorum remain
at the time such vacancy or vacancies are
to be filled Failure 10 elect directors on
the day above specified shall not dissolve
the corporation, but the directors then in
office shall remain in office until their sue
cessors are elected. The board of directors
snail nave power TO make and establish, as
well as alter and amend all bylaws, rules
and regulations necessary and proper for the
support and management of the affairs and
business OF the corporation and not incon-
sistent with ITS charter. The board shall
have power, without referring to the stock
nolders, TO borrow money, execute mortgages,
issue notes, pledges, bonds or other obliga.
tions IN such amounts and on such terms as
IN their Judgment may be advantageous, and
generally to do all things reasonably neces-
sary nor the proper carrying of the bust
ness Of the corporation, and they are spec
tally authorized to deliver full paid shares
OF stock and bonds, or other obligations to
the company in payment of property ac-
CURED by said corporation at such fair yalu-
alton as in their judgment may be proper.
majority of the directors shall constitute
quorum for the transaction of business
The board of directors shall have the power
by vote of not less than two-thirds of all
directors to sell all or any part of the
property movable and immoveable belong
ing to the corporation, to receive in ex-
change therefor money or stocks or bonds
or other obligations of another individual
firm or corporation of any character without
referring to the shareholders for power to
do So AT any meeting of the board of d.
rectors, any director absent from the meeting
may be represented by any other director
who may cast the vote of said absent direc.
tor, according to general or special written
instructions of said absent director Until
the annual meeting of 1919, the board of di-
rectors shall consist of Abraham Rosenberg,
post office address us Decatur ST., New Or
leans, Louisiana; ]. Blanc Monroe post of.
flee address l424 Louisiana Ave, New Or
leans, Louisiana, and Charles Rosen, post
office address IL Rosa Park, New Orleans
louisiana. OF the foregoing, Abraham Ros-
| enberg shall be PRESIDENT; Charles Rosen
vice-president and ]. Blanc Monroe secretary.
treasurer
ARTICLE VL-This act of incorporation
may be changed modified or amended. or
this corporation may be dissolved in the
manner provided by law, by vote of two
| thirds OF the entire outstanding capital stock
| present or represented at a general meeting
H. I'LL