The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-22
CHARTER OF INCORPORATION OF
MASON BLANCHE BUILDING
ANNEX, INC.

United States of America, State of Louis,
Be it 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, Jr., a 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 we'll as
such persons 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-wit:
ARTICLE 1.-The name of this corpora
tion 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 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 mixed, corporeal
and incorporate; to isue bonds and 10 Sc
cure the same by mortgage; buy and hold
stock IN other companies; to create and sc-
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
its proper government.
ARTICLE 1.-THE domicile of the corpo-
ration shall be at the City of New Orleans
HaTlSh orleans of LOU go Il
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 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
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, or interest therein; to hold and man.
age and improve the same; to lease and sub
lease, mortgage or otherwise dispose of the
IandS 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
to 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
II may determine; to hold stock in other cor
purposes; and generally to do anything nee
essary and proper for the accomplishment
OF the objects of the corporation.
ARTICLE IV.-The capital stock of this |
Two Hundred and Fifty thousand Dollars
lS25ODOo0Ol, divided into and represented by !
Twenty Five Hundred $500 shares of the |
par, value of One Hundred $4,000 Dollars
Said stock shall be issued in two classes. |
The first to be known as Class "a" stock. |
stock.
Section /; The amount of Class "A"
stock is fixed at the sum of One Hundred |
and Twenty-Five Thousand (Sl25,OO0OO) Dol |
lars, divided into and represented by Twelve |
Hundred 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 Directors of the corpora
ton, and no distribution or division of said |
stock shall create in the holders thereof in /
any iorm- the right to elect more than two
Directors of the corporation.
Section 2: The amount of Class "B" stock |
IS fixed at the sum of One Hundred and |
Twenty Five Thousand (s125,OOOOO 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.
II 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
= 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
fred and Fifty Thousand (s1so,0o0O0) Dollars
'f 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