The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-01

United States Of America, State OF Louis
Be II known, that on this 10Th day of the
month OF July, in the year OF our Lord,
One Thousand Nine Hundred and Eighteen,
before ne, Philip Gensler, yr., Notary
Public. duly commissioned and qualified IN
and for the Parish OF Orleans, State OF
Louis iana. 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 severaly declare that avaihng them
selves OF the provisions OF the laws OF this
State relating to organization of corpora
tiOns, 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 10 insti-
tute a corporation body polite in law, with
the objects and purposes and under the
conditions and stipulat'ons Of the following
articles OF Incorporation, to-wit:
ARTICLE 1.-The name of this corpora
ton shall be Maison-Blanche Building An
mex, Inc. and under its corporate name II
shall enjoy succession for the full period
Of ninety-nine years from date hereof, I'M
less sooner dissolved by liquidation other
wise, and shall have power and authority
to contract, TO sue and be sued; TO make
mortgages and pledges; TO make and use a
corporate seal and 10 alter and break same
at pleasure; TO hold, receive, lease, purchase,
sell, transfer, assign, mortgage, hypothecate,
pledge otherwise receive, use or dispose
Of property, real, personal or mixed. corporeal
and incorporeal; to isue bonds and to Sc
cure the same by mortgage; buy and hold
stock in other companies; 10 create and ac-
cept mortgages, pledges other hypothe-
cations; elect and appoint such managers,
agents, directors or officers as it may 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,
~ lwl 81
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 1II.-The objects and purposes
for which this corporation is created and or
gained and the nature of the business 10
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 connected Herewith. and to that
end. TO acquire by purchase, lease other
mentS, or interest therein; to hold and man
age and improve the same; to lease and sub
lease, mortgage or otherwise dispose of the
lands 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
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; 70 ex-
change its capital stock. or any part thereof,
TOR 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
fnr h. ,ftebvr NJ
of the objects of the corporation.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
Two Hundred and Fifty Thousand Dollars
Twenty Five Hundred (2.SOO 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 (Sl2S.O00OO) Dol
lars. divided into and represented by Twelve
Hundred and Fifty G.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 FORM the right to elect more than two
Directors OF the corporation.
section z: The amount OF Class Ii stock
is fixed at the sum Of One Hundred and
Twenty Five thousand Cs125OooOO Dollars,
divided into and represented by Twelve Hun
dred and Fifty G,25O) shares of the par
valve 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 distribution or division Of
the said stock shall create in the holders
thereof in 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 10 place
in the holders of Class "A stock the right.
without interference from holders OF Class
"B' 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 One Hun
dred and Fifty thousand CslSo.O0OOO) Dollars
of 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
person, firm or corporation in return for the