The herald., 1918-11-28
CHARTER.

a.
ents contract and agree and bind and OBJ
ligate themselves, as well as all such per
sons as may become associated with them, 10
form themselves into and constitute cor
poration and body polite in law, for the OBJ
| iects 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 |
II shall have power ard authority and enjoy |
| succession for the full term and PERIOD OF |
ninety nine years from and after the date |
| hereof 70 contract sue and be sued, 10 &C |
| cept and receive mortgages, pledges or other /
| hypothecations, to make and a corporate |
| seal and the same TO break and alter al F!
| pleasure, TO purchase, receive, lease, hold or
otherwise acquire, and CONVEY, as well 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 convenences OF said corporation
may require, to make and establish, as 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 lIC dbstliGG ol ppAl u t-ISSN OAAlNCio' upon
the secretary Of the corporation.
, ARTICLE III-The objects and purposes
for which this corporation Is organized, and
the nature of the business 10 be carried on
by il, are hereby declared TO be: TO buy,
sell, or otherwise acquire and ALLEVIATE, real
estate and lands in the State Of Louisiana,
or elsewhere, 10 lease and release said real
estate and lands, to mortgage and hypOthe-
cate the same, 10 subdivide same into build
= ing lots and TO build upon and otherwise I'M
: | and do 4 general real
and land business; to exchange its entire
/ capital stock, or any part thereof, Tor prop
] erty which II is authorized to acquire, or to
exchange its assets and business, in whole
= obligations OF bther companies, and TO do
S any and all such acts and things may or
$ shall be necessary and proper to carry out
: said objects and purposes.
ARTICLE IV.-rhe capital stock of said
corporation is hereby fixed at One Hun
bred and Twenty-Five Thousand Six Hun
n bred (Sl2l,6OOOO Dollars, divided into or
d represented by twelve hundred and sixteen
! Q2l6) shares OF the par value OF $1,000 each.
: The whole OF said stock, any part thereof,
5 may be issued or delivered TO any person,
n firm corporation for the requirement OF
n the rights, privileges, franchises, property,
4 servtudes, any part thereof owned and
e controlled by such persons or corporation,
IS also in payment, settlement and adjustment
e of the costs, fees, charges, expenses and
/ consm ssions incurred for services rendered in
{ the formation ana organization OF TINS cor
n poration, and in acquiring and bringing about
IS the purchase of the property, rights and
franchises aforesaid, also for cash or r
n Installments OF such amounts the Board
If of Directors may determine, also for mer
lie chandise received for services actualy
e rendered to this company. The Board OF Di
y rectors hereinafter created is specially au
r thorized to dispose of the stock any par
y thereof for any and all of the purposes above
n stated, as in its judgment may seem fair anC
D. proper. Said capital stock may be in
p creased to Two Hundred Thousand $500,
b. 0OOOO) Dollars.
Al ARTICLE VAN powers of this corpora
Is tion shall be vested in and exercised by
- board OF not more than five, and not les
- than three directors, each of whom shall
VI hold in his own name the books of th
company at least unpledged share o
ne stock. The board shall elect from their mum
a, Der a president, a vice-presdent, a secre
n tary, and treasurer and such other officer
VI. as they may think proper convenient 70
nj the carrying of the company's business
rs and shall have power to unite two or NOR
IN offices, and the same to confer upon one per
o. son, or to dispense with any office in IT
discretiont and to fix the salaries of all OF
.r. ficers. agents and employees. The board G
y directors shall be elected annually on tn
IS second Monday of October of each year, tn
IT first election to be held in the year 1911
y All such elections shall be by ballot at tn
10 office of the corporation. Notice of annua
irt meetings; as well as special meetings {
ry tice mailed fifteen days in advance of I'll
date OF such meeting TO each stakeholder al
es pearng as such on the books of the con
Of pany at his last designated address, or :
we the General Delivery at New Orleans, Lot
he lsiana, If he has not designated an address
ay Each shareholder shall be entitled 10 or
D. vote for each share Of stock standing in h
'IS name on the books of the company, said vol
to be cast in person or by proxy, and
majority OF the votes cast shall elect. tt
,rv board OF directors shall have power to Fl
- all vacancies which may occur, or in ar
manner arise or be created, by the boar
OF directors, even though quorum renal
at the time such vacancy vacancies al
: to be filled. Failure to elect directors
the day above specified shall not dissol,
the corporation, but the directors then
lis office shall remain in office until their su
Dr. cessors are elected. The board of directo
nth shall have power 20 make and establish,
rd well alter and amend all bylaws ru
zen and regulations necessary and proper for Il
en- support and management of the affairs al
led business of the corporation and not inco
Or sistent with its charter. The board sha
ses have power, without referring to the stoc
on holders, to borrow money, execute mortgage
his issue 9otes, pledges, bonds other oblig
the tions in such amounts and on such terms
In in their judgment may be advantageous, al
ion generally to do all things reasonably niece
be- sary for the proper carrying on of the bu:
the ness OF the corporation, and they are spe
age tally authorized to deliver full paid shar
10, of stock and bonds, or other obligations,
lli- the company in payment of property
en- qured by said corporation at such fair val
in alton as in their judgment may be propt
by majority of the directors shall constitu
of a quorum for the transaction of busne.
owe The board of directors shall have the pow
a by a vote of not less than two-thirds of
ere directors to sell all or any part of I
ose property movable and immoveable belor
of ing TO the corporation, or to receive in c
Wis change therefor money OF stocks or bon
TRY or other obligations of another individu
pro- firm corporation of any character withc
ara referring to the shareholders for power
is do At any meeting of the board of
said rectors, any director absent from the meet
by may be represented by any other direc
and who may cast the vote of said absent dir
nee tor, according to general or special writ
said instructions of said absent director. Ur
one the annual meeting of 1919, the board of
-ead rectors shall consist OF Abraham Rosenbe
post office address 2l5 Decatur ST., New
of leans, louisiana; J. Blanc Monroe, post
hon flee address 1924 Louisiana Ave, New
me. leans, Louisiana, and Charles Rosen, p
and office address Il Rosa Park, New Orlea
ana, Louisiana. OF the foregoing, Abraham r
the enberg shall be president; Charles Ro
ned, vice-president and J. Blanc Monroe secreta
ign treasurer.
reby ARTICLE VI.-Ths act Of incorporat
the may be changed modified or amended,
date this corporation may be dissolved in
ance manner provided by law, by vote of t
| be thirds of the entire outstanding capital st
ouis- present or represented at a general meet
be of the stockholders convened for such