The herald., 1918-03-28
CHARTERS
CHARTER OF
THE SOUTHLAND HOME COMPaNh
INCORPORATED.


isiana. Parish of orleans, city OF Ne"
Be il known. that on this ninth day of
the month of March, in the year OF our
Lord one thousand nine huhdreu anu
eighteen. and of the Independence OF tne
United States Of America. the one nun
dred and forty second, before me, W ii iI,,
J. FormentO a Notary Public, duiy com
misSioned and qualified, in ana lot the
City of New Orleans, Parish OF prI'ans;
therein residing, aud III the PItStu,' VI
the witnesses hereinafter named ana uh
dersigned personally came and appeared
the several parties whose names are mere
10 subscribed. all Of the full age OF ma
iority and residents of this city VINO
seyeralIy declared that ayaillng them
selves Of the laws of the state OF LOUIS
lana and especially Of Act TO- OF l'it' III
such cases made and provided, thtE nave
forIned and organized and by these pres
pnts do form and organize themselves III
TO a corporation for the objects anu Pur
poses and under the se sn fortb and ak" nx
messed which they hereby accept anu
adopt as their charter, to-wit:
Article The name g ana ' aacIa ~ To 70
be: southland Home Company lhcor-
pOrated." IN l., ,bo
CITY of New Orleans, State of Louisiana;
where all stockholders and directors
meetings must be held, and shall nave
and enjoy succession for a period Oh nlue
tv-nine 1901 years from the date hereof
Article III-All citation or other legal
nrocess shall be served on the President,
and in case of his absence or lhabllliy 70
act, upon the Vice President secretary
Article IV.-The objects and purposes
for which this corporation Is orEahlLed
and the nature of the business TO De ear ar
ried on by IT, are declared to be: 10
huiId houses on the southland nome
plan; manufacture and sell matSrll Ior
ready-cut houses; purchase, sell, moII
gage lease or otherwise acquire property
real personal or mixed, and generally 20
any and all things necessary IN or mel
dental to the business , AT,
Article V-The capital stock or TINS
cornoration is hereby fixed at the sum
of Five Thousand Dollars lS5,cOO.OOD, dl.
yided into Five hundred CJOOl shares OF
the par value OF Ten D0i ia 'SlY Uo1 snh
scribed for: which stock may be issued
full paid and non assessable Tor cash, OF
for property transferred ior Nal9e, OF S
vices actually rendered to said corpora
ton Said capital stock may De IN
creased to Fifty thousand Dollars SSJo;
OOOOO). Before any stockholder shall Of
fer his stock to any outsider for sale, he
shall first offer same to the company
stockholders. thru its President, at a
price not exceeding what he Is VIKING 10
accept from an outsider. NJ.
Article VI.-All the corporate powers OF
this corporation shall be vested In ana
exercised by Board of Directors CONSIST !.
ing of five 90 members, three t(S' tS Ha
transaction of all business. The hrstt
Board of Directors shall be composed OF
the following stockholders: W. a 49, t2 Ws,
1416 Prytania St, n. J. Barrios, 6SSI West
End boulevard, II. \. RODRIGUEZ 81, o.
bourbon ST., Mrs. +. b.: Wagstan; IoI'
Camp St., and 5. NJ Fueich' 81 D 1n.
Iii the last Thursday in February, l9l9
or until their successors have been duly
appointed and qualified. ..,or
The first officers Of this corporation
shall be n. J. Barrios, President, W:
Curtis. Vice President and General Man,
ager. Mrs. L. b. Wagstaff, Secretary ahG
5. NJ. Fucich, Treasurer, VINO 3n snai, ho ~
their Office until the last THURSDAY II
February 1919, or until their successor
shall have been duly appointed ana quar-
On the last Thursday in February, 1919
unless said day be a dies non, then II
such case, on the first succeeding luui
ciai day and annually thereafter, an elec
offices of the corporation, under the sup
eryision of three commissioners. NotiS
for annua, meetings and for stockhSlu
ers meetings shall be syen either in per
son or by depositing a written NOTICE II
the Post office properly addressed 9
him, at least fifteen u5) days before sai'
All stockholders shall vote, at all meet
tngs, by ballot, and a majority OF Tn
stock issued shall govern on all ques
tions Each share of stock shall De en-
titled to one ~ vote, either In person o
Article yII.-whenever this Corporation
is dissolved either by limitation OF II
Charter or for any other cause its analr
shall be nquidated by three comInlssloih
ers to be elected from among the STOCK
holders. convened for that purpose a,,c ai' q
such meeting shall have been given U
each stakeholder by the Secretary malie'
to his last known address. Sald CON III
missioners shall remain in office untll TN
affairs of the corporation shall nave pee
Iiquidated. In case of death OF either
or two of said commissioners the sur'N
or or survivors shall continue 10 act
Article VIII-This Act Of Incorporation
NAV be changed, modified or amended, o
this Corporation may be dissolved VII
the assent Of two,thirds that 0a 'T purpose
after the giving of the notice stated i
paragraph V. of this Charter 81. 49,
Article IN.-NO stakeholder OF this cor
marathon shall ever be held liable for tn
contracts or faults thereof, in any 1ur
Their sum than the unpaid balance due
the corporation on the shares Oh , SO.
owned by him, nor shall any mere lnIor
mality in organization have the effect o
rendering this Charter null or exposih
a stockholder to any liability beyond IN
unpaid amount OF his stock.
Article X-The subscribers to the cap
ital stock of this corporation nave Sc
opposite their names the amount OF stoc
subscribed for by them, which subscrlp
ton Is to stand In lieu of formal SUB
5 done and passed. in my notari9
at the City of New Orleans. Louis
In the presence of Messieurs X; J
ksier and Frank J. Stitch, competen
Illnesses of lawful age, and residents
his City, who hereunto su6scrioe tnel
names, together with the said appearer
ii and me, Notary, after due reading OF IN
~ whole. - w,
rios and others.
WIN ]. FoRMENTO, Not. Pub
l. the undersigned, Recorder of Nor
cages. in and for the Parish of Orlean
State of Louisiana, do hereby certify thi
the above and foregoing Act of lncorpol
alton Of the Southland Home COMPANY
Incorporated was this day duly record
cd In nv Office in Book 1919. Folio AL.
New orleans, March 9th, 191S.
(Signed) EMILE J. LEONARD, ID. 1
A true copy from the original.
WIN. ]. FORMENTO, Not. PUB
Mch 14-21-2S Apr. 4-n-S