The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-09
CHARTER OF PROSPERITY REALTY
COMPANY, INCORPORATED.

United States of America, State of Louis
ana, Parish of Orleans, City of New Or
leans Be II known, that on this 9th day
Of the month of August, in the year OF our
Lord. 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 J.;
Guste, 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 APP
peared the several persons whose names are
hereunto subscribed all of the full age OF
majority who severally declared TO me, NO
tary, that avaling themselves of the laws
Of this State relative to the organization OF
corporations, they have covenanted and
agreed, and by these presents do covenant
and agree and bind themselves, as we'll as
all such other persons as may hereafter be-
cone associated with them, to form a corpora
ton for the objects and purposes, and under
the articles and stipulations, following,
winch they hereby adopt as their Charter,
tcwit:
ARTICLE 1.-The name of this corporation
snail be Prosperity Realty Company, Inc,
and under its corporate name it shall have
power and authority to have and enjoy cor
porate existence for a period of ninety nine
years from date hereof, unless sooner dis
solved by liquidation or otherwise. 1t shall
aa'e power to contract, TO sue and be sued;
y make and use a corporate seal; and 20
sllef and break the same at pleasure; to pur'
ehase, receive, lease, hold, or otherwise &C.
ya,le and convey, as we'll as mortgage and
nypo'necate, under its corporate seal and
asne, property, real, personal and mixed
MOreai and incorporeal; to borrow money
Sua make and issue bonds and other evi.
s.nees OF Indebtedness, and, if desired, &c
'aIe tne same by mortgage and otherwise
yuy and hold stock in other companies
.,a 10 the objects and purposes or the
sot Psaslon OF the business interests of the
lauon; to name, elect and appoint such
sa.nssers, agents, directors. and officers as
-" interest and convenience of said corpora
nay require; and to make and establish
en as alter and amend at pleasure, such
savs.- rules and regulations for its proper
s,snent as may be deemed necessary
proper, and generally to do any and al
4. incident to or necessary and proper
po,,s", interest OF the business of the cor
por.s.rI 1.-THE domicile of this Cor.
49,. snail be in the CITY of New Or.
eror.,. La and all citation and other Legal
Of Il. snall be served upon the President
sbsenc. operation, and in the event of hi:
f'" INC secretary.
ARTICLE lII-The objects and purpose.
and mich ,s this Corporation is established
ned as nature Of the business TO be car
hv,. Toy II, are declared TO be as fol
Nse 4. 10 acquire, by purchase or other
upon ~ ouiid, erect, establish or construc
hor,r,s. eal,iyate and develop. to lease. rent
eaioe pledge, sell and ALLEVIATE. 10 utilize
10 ~, ana improve, and generally 10 dea
md S.. estate and lands of every characte
pry;l,s.. Puon together with all rights, WAYS
th,,.,an and improvements thereon situate,
esrry =, 'o appertaining To conduct an,
iuns "a such other business az NAV h,
eiiec,uas.s or convenient for properl,
hanc;ps ,I the aforesaid purposes or en-
and os;v; sne value of the properties. rights
IN. esss of said corporation
a SoslleLE Iv-The capital STOCK of ~;
rTeTiSoa is hereby fixed at the 81 eur, M .
b Sr;asoussand (ss,o0O0O Dollars and sb,I
30 shars. INTO and represented by Eff
dted Jsioes OF the par value of One Hun
shail o0) Dollars each, T5e 0 ..;d nun
Is prcv;a.pss le Tor in cash or its eouivaIrn.
at susb g by law, and in such usnns NM r'e an
ssy b. ames and in such ;nstaiImnots an =
Tbs eor rssssI,oed by the Board OF Director,
CEN and '. .saGn shall become a going cor 60,
Snen Twenty-Five Hundred (s2