The herald., 1919-10-23
CHARTER.
CHARTER OF
WEST END LAND COMPANY, INC.

United States of America, State of Louis
laha, Parish of Orleans, City of New
Orleans.
be 1t known that on this 22nd day of
the month of September in the year of
our Lord nineteen and nineteen and of
the Independence of the United States of
America the one hundred and forty
thlId, before me Francis ID. Charbonnet.
Jr, Notary Public in and for the Par
lsh of Orleans, duly commissioned and
quallhed in and for this city and parish
therelI residing and in the presence of
the witnesses hereinafter named and I'M
derslgned, personally came and appeared
the several persons whose names are
hereunto subscribed, who seyerally declar-
ed that, availing themselves of the laws
OF this state, relative to the formation
Oh corporations, they have cOvenanted and
agreed ana by these presents do covenant
ana agree and bind themselves, as well
as well as other persons who NAV later
become associated with them, to form a
corporation and body polite in law. for
the objects and purposes and under the
agreements and stipulations following,
tO-wit:
Article 1. That the name and title and
style or this corporation, shall be West
Ehd Land Company, Incorporated" and
name, II shall have
ana ENJOY all the rights, privileges, DOW
ers, advantages and inmunities allowed or
granted TO corporations by any existing
OF future law of this State; that by and
under such name it shall have the power
ana authority to sue and be sued and to
make ana enter into all lawful contracts
that 1t shall see fit; to make and use n
corporate seal and the same to break. al
er and amend at pleasure; to employ and
discharge all managers, agents or other
employees as may be necessary for the
proper conducting of the corporations
a1alrs and to fix their compensation: TO
purchase or otherwise acquire. and TO
sell, or otherwise ALLEVIATE, any or all the
property of said corporation, real per
sonal or mixed land the same to mortgage
or otherwise hypOthecate, but only after
receiving the consent and approval of the
stockholders holding or owning seventy
h'e t'o) per cent of the total stock of the
company at stockholders meeting called
Tor that purpose after three days notice:
10 exercise, generally, all powers and rights
usually exercised by corporations and
sucn other rights as may be prescribed
by the Board of Directors thereof
Article III. The objects and purposes
for which this corporation is formed and
the nature of the business to be carried
on by it are hereby declared to be:
To buy, sell and deal in all kinds of
real, personal or mixed property within
the State of Louisiana, the United States
Oh America, or elsewhere; to purchase,
lease, exchange, or otherwise acquire any
ana all property, movable or immOvable,
ana the same to sell, lease mortgage,
hypothecate, donate rent exchange or
otherwise ALLEVIATE or cucumber; to ex-
plolt, reclaim, improve real estate and to
lay the same out in tOwnsites, towns. |
,lties, villages, municipalities or other po-
ltlcal subdivisions and in connection |
herewith, to sell the said real estate as |
own lots, suburban sites, or farms; to |
make and construct all necessary or con-
Ienlent improvements incidental thereto |
hcluulng bitches, canals, streets, roads |
'anquettes, sidewalks and alleys; to build
md erect, by itself or through others,
es1dences, dwellings or other structures
lnd In connection Herewith to operate
my and all mills or factories for the pur-
'ose of manufacturing building materials,
to- to buy and sell and deal in personal
property, stocks, bonds, mortgages or
ther securities; to buy, sell and deal in,
S well as vote in any manner or pro-
eeding, the stock i'll other corporations
nd the interest in any partnership or
rm; to act as agent, either through itself
r through its sub-agent, for any person,
rm or corporation; to do or perform any
I the objects above mentioned and gen
rally to do each and every act and thing
nd to engage in any and all businesses in
ldental, connected with or growing out of |
he above expressed objects and pur-
oses, the same as if the same was set
Orth herein.
Article III. The capital stock of this
is hereby fixed at the sum of
'orty Two Thousand Seven Hundred and
o Hundreds ($42, 70O.00) Dollars, divided
ITO and separated by -Four Hundred
wenty- Seven (42O shares of the par
alue of One Hundred and no Hundred
100000 Dollars each; all of said stock
hall be paid for in cash. or in real es-
ite actually received by the corporation.
There is annexed hereto, and to be read
Ito this charter, an accurate detailed
escription of the property to be trans
Erred to this said corporation by J. w.
heldOn for the purchase price as ap-
raised by the Board of Directors Of said
ompany, of $42.4O0.O0, all clear of en-
nmbrance, in payment of which purchase
rice, j. W. Sheldon is to receive the
mount of stock subscribed by him.
The stock of this corporation shall be
Ill paid and worcestershire, subject only ;
, the unpaid balance due thereon, if sold
n installment payments. All stock of ]
lis corporation, provided for herein or
lat which may hereafter be issued, shall
e valid only if signed by the president
r vice-president and cOuntersigned by ,
lie secretary.
Article ~. The domicile Of this cor {
oration shall be in the City of New Or ,
ans, Parish of Orleans, State of Louis
ma and it shall enjoy corporate sue ,
ssion of period of ninety mine years
ON this date.
Article v. All legal process shall be 5
rived on the President, or in his alb c
nee, the Vice-President, or any other $
nicer of the corporation, or as may be I
-escribed by law. 7
Article vi. All corporate powers of this
'rporation shall be vested in and ex- :
cised by board of not less than three .
,r more than seven directors Until a
herwise provided by the board of d.
ctors, the said board shall consist of '
rec members, majority of whom shall =
institute a majority for the transaction =
all business. 1
said board shall be elected annually on fl
e second legal Monday in Januarv d
ne hrst election under this charter shall u
held In 1921, until which date the fol- t.
wing shall constitute the first board OF e
rectors, to-wit: t
Otto J. Mayer, Ferd Katz, A. II.
Illness, u
no shall hold their Office until their suc- II
ssors nave been elected and have quail j
Any vacancy in the board of directors
death, resignation or otherwise shall
hiied by the remaining board. p
The said board Of directors shall elect Ii
'm their number a president, a vice. O
eS1Qent and secretary troos uro, 81 W.