The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-04
CHARTER OF THE LEE APARTMENTS,
INCORPORATED.

United States of America, State of Louis
lana, Parish of Orleans, City of New Orleans,
Be it known, that on this twenty-hrst day
of the month of November, 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 FOR,
mento. a notary public, duly commissioned
Orleans, Parish of Orleans, therein residing,
and in the presence of the witnesses here
matter named and undersigned, personally
came and appeared the several parties whose
names are hereto subscribed, all of the full
age of majority and residents of this City,
who severally declared that avalllng them
selves of the laws of the State Of Louisiana,
and especially of Act 267 of 1914, in such cases
made and provided, they have formed and
organized, and by these presents do form and
organize themselves into corporation TOR
the objects and purposes and under the stipu-
lations and agreements hereinafter set forth
and expressed, which they hereby accept and
adopt as their charter, to-wit:
ARTICLE 1.-The name and title of the
corporation hereby formed is declared to be:
"Lee Apartments, Incorporated" which shall
have its domiciie in the City of New Or
leans. La, and shall enjoy succession tor
period of ninety. nine C9) years from date
hereof All citation or other legal process
shall be served upon the President and IN
case of his absence or inability to act, upon
the Vice. President or Secretary Treasurer
ARTICLE 1.-THE objects and purposes
for which this corporation is organized and
II, are declared to be:-To purchase, sell,
mortgage, lease, otherwise acquire prop
erty, real, personal or mixed; to furnish
apartments and let same; and generally TO
do any and all things necessary IN or m
cidental to the business. .
ARTICLE IM.-The capital stock OF TINS
corporation is hereby fixed at the sum OF
ten thousand dollars $50 10000, divided into
one hundred Q0O shares Of the par value
of one hundred dollars $4,000 each; which
stock may be issued full paid and non-as.
sessable for cash or for property transferred
for value or for services actually rendered
to. said cooperation. Said capital stock may
be increased to twenty-five thousand dollars
(so5 10000 by the vote of two-thirds of all
the stock, as provided in Article V OF this
charter. Before any stockholder shall offer
his stock to any outsider for sale, he snail
first offer same to the Company seocn OK,
exceeding what he is willing to accept from
ARTICLE Iv.-All the corporate powers of
this corporation shall be vested in and ex.
three (3) members two (2) of whom shall
constitute a quorum for the transaction OF
ali business. The first Board of Directors
shall be composed Of the following stock
holders. so-~i G. nrIusn. La L Ernest G.
B Brnn1n s ~ Burgundy 81, New Orleans,
La and Frank j. Stitch, lfo3 N. Carrollton
Ave, New Orleans, with Manlius b: Lee as
president, Ernest G. Brunig, as vice,Presi-
dent, and Frank ]. Stitch as Secretary-Ireas-
urer. who shall hold their office until the
second Tuesday in October 1870. or until
their successors shall have been duly ap-
pointed and qualified. On the second Tues
day of Octobr, 1920, and annually thereafter,
an election for Directors shall be held at
the office of the corporation, as provided tor
by the Bylaws.
This Act of Incorporation may be changed
or amended and this corporation may be DIS
solved or liquidated. with the assent OF two.
thirds of the whole capital stock convened
for that purpose after fifteen Q0 days prior
written notice of such meeting shall be given
TO each stakeholder mailed to his last known
address. -.
ARTICLE VINO stockholder of this cor
poration shall ever be held liable for the
contracts or faults thereof, IN any furtnef
sum than the unpaid balance due to the cor
poraton on the shares of stock owned oy
him, nor shall any mere informality IN or
eanization have the effect OF rendering TINS
charter null or exposing stakeholder to any
liability beyond the unpaid amount OF his
stock Thus done and passed, In my notarial
office, at the City of New Orleans, La, IN
the presence of Edward J. Lamothe, Sr. and
Fernand F. Teissier, competent witnesses and
residents of this City, who hereunto subscribe
their names, together with the said appearers
and me, Notary after reading Of the whole
ORIGINALLY SIGNED-M: B. Lee, lID
N. Rendon, sixty shares; William I. HAZE