The herald., 1918-08-08
CHARTER OF INCORPORATION OF
MASON BLANCHE BUILDING
ANNEX INC.

United States OF America, State of Louis
Be .1 II known. that on this 9th day of the
month Of July, in the year OF our Lord,
Oae Thousand Nine Hundred and Eighteen,
before NE, Philip Gensler, j., Notary
Public, duly commissioned and qualified IN
and for the Parish OF Orleans, State OF
Louisiana, and in the presence OF the wit
nesses hereinafter named and undersigned
personally came and appeared the several
persons whose names are hereunto subscribed
who severally declare that availIng 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 and stipulations Of the following
articles Of Incorporation, to-wlt:
ARTICLE 1.-The name of this corpora
ton shall be Mason Blanche Building An
mex, Inc, and under its corporate name IT
shall enjoy succession Tor the tull period
of ninety nine years from date hereof, I'M
less sooner dissolved by liquidation or other
wise, and shall have power and authority
TO contract, to sue and be sued; 10 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 incOTpOreal; 10 iSue bonds and 10 Sc
cure the same by mortgage; buy and hold
stock in other companies; TO create and ac-
cept mortgages, pledges or other hypothe-
cations; elect and appoint such managers,
agents, directors or officers as II may re-
quire; to make and establish, alter and
amend. rules, bylaws and regulations for
ARTICLE 1.-THE domicile of the corpo-
ration shall be at the City OF New Orleans,
Parish Of Orleans, State of Louisiana, and
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 as provided by law.
ARTICLE lII.-The objects and purposes
for which this corporation is created and or
be carried on by 1t, are declared TO be as
follows:
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, interest therein; to hold and man
age and improve the same; to lease and sub
lease. mortgage or otherwise dispose OF the
equip, repair and improve buildings or stores
and to enter into contracts for such pur.
pose or purposes; TO operate any store OF
stores owned by the Company, and generally
proper in connection with the ownership OF
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
for property which 1t may acquire; to issue
bonds and give mortgages in such amounts as
it 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.
corporation is hereby fixed at the sum OF
Two Hundred and Fifty Thousand Dollars
(S2S0,O 10000. divided into and represented by
Twenty Five Hundred (2.5OO) shares of the
par. value of One Hundred $4,000 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 /: The amount of Class "A
stock is fixed at the sum Of One Hundred
and Twenty Five Thousand (sl25.O00OO Dol
lars, divided into and represented by Twelve
Hundred and Fifty O,250) shares Of the par
| value of One Hundred $4,000 Dollars each
| Said stock shall have the privilege Of elect
| ing two, and only Directors OF the corpora
| ton. and distribution division of SAID
| stock shall create in the holders thereof il
any forp- the right to elect more than two
| Section 2: The amount OF Class "B" stool
| is fixed at the Of One Hundred and
| Twenty-Five Thousand (Sl25OCOOO) Dollars
divided into and represented by Twelve Hun
| bred and Fifty G,25O) shares of the pa
value Of One Hundred fSlOOOO 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 o
| the said stock shall create in the holder
thereof in any form, the right to elect NOR
| than two Directors of the corporation.
| 1t is the intention and purpose Of Section
One and Section Two Of this Article 10 plac
in the holders Of Class "a" stock the right
without interference from holders of Clas
| "B" stock, TO elect two. and only two, Di
rectors Of the. corporation. and to place II
the holders OF Class "B" stock the RICH;
without any interference from holders Q
Class "a" stock, to elect two, and only two
| Directors of the corporation.
| ARTICLE V.-This corporation shall be
come going concern and shall be authorizes
to commence business as soon as One Hun
bred and Fifty thousand (Sl500mO0 Dollar
of its capital stock shall have been paid 70
| either in cash or its equivalent. provide
by law. The stock of III sicorporation o
any part thereof may be delivered to an
person, firm or corporation in return for tn