The herald., 1919-09-25
CHARTER OF PROSPERITY REALTY
COMPANY, INCORPORATED.

United States of America, State OF LOUIS
ANA. Parish Of Orleans, City OF New VI
leans Be it known, that on this Ath DAY
Of the month of August, in the year OF our
lard. One Thousand, Nine Hundred and
Nineteen and of the Independence OF the
United States of America, the One hundred
and Forty fourth; before me, William );
Gnste, Notary Public, duly comm ssioned
and qualified in and for the above Parish
and State, therein residing, and in the
presence Of the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several persons whose names are
hereunto subscribed, all Of the full age OF
majority, who severally declared TO me, NO
tary, that availing themselves of the laws
Of this State relative to the organization OF
corporations, they have covenanted ana
agreed, and by these presents do covenant
and agree and bind themselves, as well as
all such other persons as may hereafter be
come associated with them, to form corpora
ton for the objects and purposes, and under
the articles and stipulations, following,
which they hereby adopt as their Charter
io-wit:
ARTICLE 1.-The name of this corporation
snail be Prosperity Realty Company, Inc,
and under ats corporate name II shall have
power and authority to have and enjoy cor
pofate existence for a period of ninety nine
years from date hereof, unless sooner dis
sosed by liquidation or otherwise. 1t shall
ave power to contract, TO sue and be sued
. make and use a corporate seal; and 10
t'ef and break the same at pleasure; TO pur-
chase, receive, lease, hold, or otherwise &C
yaire and convey, as we'll as mortgage and
VpO'hecate, under its corporate seal and
SANG, property, real, personal and mixed
Wpoieai and incorporeal; to borrow money
snu make and issue bonds and other evil
Nnces es-sndebtedness, and, if desired, tc
e'ure The same by mortgage and otherwise
guy and hold stock in other companies
Nluent TO the objects and purposes or the
expansion OF the business interests of the
SpIauon; to name, elect and appoint such
1a Il. agents, directors, and officers as
-. interest and convenience of said corpora
Is! require; and to make and establish
vel as alter and amend at pleasure, such
saws laws, rules and regulations for its proper
s,snuent, as may be deemed necessary
,Sap proper, and generally to do any and al
fOr ~. ;s!oent to or necessary and proper
pOratiOn. '''e BUSINESS Vi INC 'o'
,,asllCLE 1.-THE domicile of this Cor
t.-. snail be in the City OF New Or
procs,, La, and all citation and other lega
q n. shail be served upon the President
,hss.. corporation, and in the event of hi:
e' upon the Secretary.
4. LIE ill.-The objects and purpose,
ana s .s this Corporation is established
r,d a nature of the business to be car
lows, roy 1t, are declared to be as fol
Wis. a, 40 acquire, by purchase or other
upOs ~ onild, erect, establish or construc
nOrt,,s. cultivate and develop, to lease, rent
,pios pledge, sell and ALLEVIATE. TO utilize
IN ~, and improve. and generally 20 dea
snd S.s estate and lands of every characte
piyiiss.. puon together with all rights, WAYS
thesss,a ana improvements thereon situate,
earry ~ appertaining. To conduct an,
found sue. such other business as NAV b
siiec,r,s:sary or convenient for properl,
h,,e;,a the aforesaid purposes or en-
and ps;v; Ie value of the properties, rights
ses OF said corporation
erpcr,,;aL1t 1V.-The capital stock of tbi
Five N onS hereby fixed at the sum q
be d;y;Sass CS,0O.0O Dollars. and shal
GN sh.n.o into and represented nv Eft
dred Csloe IN Of the par value of One Hun
shall Ss"o) Dollars each. The said stoc
as pros;aps pad for in cash or its eo rG len n
sSsb e by law, and in such NAME r'e an
nay /. nnes and in such ins.aIImnnts "a
This Sor reserloed by the Board OF Director
ssrn a and .sa, shall become a going COZ COZ
"nen twenty-five Hundred Cs2