The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-02
CHARTER.
CHARTER OF
WEST END LAND COMPANY, INC.

ldhd' IdTlNh OF Orleans, city OF New
Orleans .
lie 1t known that on this 22nd dav of
ia" month of September in the ycar of
our Lord nineteen ana nineteen. and of
IN" independence of the Emitted St.ta, nf
America the one hundred and fort,
lhlid' beior" IN" Francis H. Charhouurt
r. Notary Public in and for the Par
ISL OF Orleans, duly commissioned ana
! lualih"d IN and for this city and parish
'''i'in r'NIuIhS ana i'll tn" presence of
| the witnesses hereinafter named and nm
dtrNlSned, personally came and aun,,r,d
the several persons whose names -,rn
! HrfeuHlo subscribed, who scyeralIy drrlar-
"d that, availing themselves of the I.,y,
| OF inns state. relative 10 the formation
oI corporations, they have covcnanted ana
agreed ana by these presents do covenant
ana agree and bind themselves. ys Vol
IS Wen rs other persons who may latter
hrroIHe associated with them. to form q
corporation and body polite in law. for
the Objects and purposes and under the
agreements ana Nupulatioms following
tO-Wit:
Article !. That the name and title and
>iAle OF inns corporation. shall be- West
Ehu lalid Company. Incorporated ana
ny ana under such name. it shall L;y,
ana ENJOY all the rights. privileges. nov
tfN, advantages and imuuuitir~ allowed or
granted to corporations by any t\i>tiu.,
or future law OF this State: that by and
uHutf >urh nam" it shall have the power
ana authority 10 sue and To sued and ~
make ana enter into all lawful cont r:r,~
that it shall see tit: to make and u,. .,
corporal" seal and the same to break M
or aud amend ut pleasure; to employ and
discharge all managers, agents or other
employees as may he necessary for tine
Proper conducting of the corporation'S
AFFAIRS ana to fix their compensation: 10
purchase CT otherwise acquire and f.,
sell or othcrWlS" alternate. any or all the,
property of said corporation real per
Nonal or mixed :aud the same to mort gauc
or otherwise hypOthrcatc, but only after
receiving the consent and approval OF the
STOCKHOLDERS holding or owning seventy
nv" t'I) per cent OF the total stock of The
company at stockholders meeting called
lor that purpose after three DAYS notice:
to exercise. generally. all powers ana rights
usually exercised by corporations ana
>uch othtr rights as may be prescribed
by the Board of Directors thereof.
Article ii. The objects and purposes
Tor which this corporation i formed ana
th" nature OF the business TO be- carried
on by it are hereby declared to he:
TO buy, sell and deal in all kinds of
real personal or mixed property. within
the State of Louisiana. the | nitpd STATES
OF America, or elsewhere: to purchase
lease, exchange or otherwise acquire any
ana all property. movable or immOyablr
ana the same to sell. lease. mortgage
hNpoth"cate, donate. rent. exchange or
otherwise ALLEVIATE or cucumber; to cA-
plolt, reclaim, improve real estate and TO
lay the same out i'll tOWn>itcS towns
cities, villages. municipalities or other no
lltlcal subdivisions and in connection
Herewith. to sell the said real estate 4
town lots, suburban sites. or farms: to
make and construct all necessary or con
vehlent improvements incidental thereto.
intending bitches. canals, streets. roads
banquctteS sidewalks and alleys: TO build
and erect by itself or through others.
residences. dwellings or other structures
and i'll connection Herewith to opcratr
any ana all mills or factories for the pur-
pose of manufacturing building materials
etc. to buy and sell and deal i'll personal
property. stocks. bonds mortgages or
other securities; to buy. sell and deal in
rs Wen as vote i'll any manner or pro
ceeding. the stock in other corporations
ana the interest in any partnership or
Hrm: TO act as agent, either through itself
or through its sub agent. for any person
firm or corporation; to do or perform any
of the objects above mentioned and gen
orally to do each and every act and thing
and To engage in any and all businesses in
cldentaI. connected with or growing out of
the above expressed objects ana pur-
poses the same rs if the same was set
forth herein.
Article III. The capital stock of this !
corporation is hereby fixed at the sum of |
Forty Two Thousand Seven Hundred and |
no Hundreds (S42 10000 Dollars. divided |
into and separated by -Four Hundred |
Twenty Seven CPD shares of the par |
value of one Hundred and no Hundred |
(SlooWD Dollars each: all of said stock |
shall be paid for i'll cash. or in real eS-
tat" actually received by the corporation. |
There is annexed hereto. and TO be read |
into this charter I'm accurate detailed |
description of the property to he trans |
ferrcd to this said corporation by j. w |
Sheldon for the purchase price, rs ap-
praised by the Board of Directors Of said
company. of S42.400.00 all clear OF en-
cumbrance, in payment of which purchase
price, j. W. Sheldon is to receive the |
amount of stock subscribed by him.
The stock of this corporation shall be
full paid and worcestershire. subject only
to the unpaid balance due thereon if sold |
on lnStallment payments All stock of |
this corporation, provided for herein or
that which may hereafter be issued, shall |
he valid only if signed by the president
or vice president and countersigned by |
the secretary.
Article ". The domicile of this cor
poratiOn shall be in the City of New Or
leans, Parish of Orleans State of Louis |
lana. and it shall enjoy corporate sue |
cession of Il period of ninety nine years |
from this date
article V. All legal process shall be |
served on the President or in his alb |
Sence, the Nice-P President or any other |
officer of the corporation, or as may be |
prescribed by law.
Article VI. All corporate powers of this |
corporation shall be vested in and ey-
erclsed by board of not less than three |
nor more than seven directors Until |
provided by the board of di- |
rectors. the said board shall consist of |
three members, a majority of whom shall |
majority for the transaction |
Of all business.
Said board shall be elected annually on |
the second legal Monday in January.
The first election under this charter shall |
be held in 1921, until which date the fol
lowing shall constitute the first board of |
directors, to-wit:
Otto J. Mayer, Ferd Katz, 4. II.
who shall hold their office until their sue
,esSors have been elected and have quail
fled.
Any vacancy in the board of directors
by death, resignation or otherwise shall
De hlled by the remaining board.
The said board of directors shall elect
rom their humber president. vice
president and secretary treasurer and
'uch election shall be held at the first
meeting of said board following their own
'lectlon. Until their successors have been
so elected in 1927, the said Otto j. MAYER
snail be president. the said Ferdinand |