The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-09
CHARTER

conditions as the Board of Directors of
this corporation may determine, and to
transfer such improvements to the State
Fair of Louisiana in accordance with ar
rangenents to be previously entered into
ARTICLE IV.-The capital stock of this
corporation is hereby affixed at the sum
of Fifty Thousand ($50,000.0O Dollars t;
represented by Five Hundred $500 shares
of the par value of <the One Hundred
100000 Dollars ped share, said stock shall
be issued for cash, and shall be paid for
at such times as the Board of Directors
may designate. Said stock shall be sub
ject to no dividend or any other earnings,
but the principal is to be liquidated out
of revenues from the building, which said
revenues are to be distributed annually
The capital stock of this corporation may
be increased in accordance with law to the
sum of Sixty Thousand $3.50, OOOOO) Dol
lars.
ARTICLE V.-All the corporate powers
of this Corporation shall he vested in a
Board of Directors to consist Of not less
than five 10 persons to be elected an
nually on the first day of August of each
year; the Directors SO elected to serve
until successors shall be elected and quail
flied. Three (3) or more members of the
Board of Directors shall constitute quo
rum for the transaction of business. The
names and post offices addresses of the
directors for the first year who shall serve
until their successors are elected and quail
ified are follows: Martin Behrman,
Chairman, 22S Pelican Avenue, w. III. Ker
President 1914 Prytania Street. George
Long, Vice President 3S2S Camp Street
NJ. s. Senton, Treasurer, 1442 Louisiana
Avenue. Ben Beekman, 1923 st. Charles
Street Theodore Grunewald, Baronne and
University Place, Martin III. Hanion, 170J
| Calhoun Street, w. +. Penick, l Audubon
Place, all residents of the City of New
| Orleans. The office fSecretary and
Treasurer may be held by one person and
neither need be member of the Board.
ARTICLE VI-The names and post of
fees addresses of the subscribers to these
| Articles of Incorporation, and a statement
of the number of shares to which each has
subscribed are as follows: Martin Behr-
| man, Chairman, 22S Pelican Avenue II
shares W. II. Ker President, 1914 Pry-
tania Street 10 shares, George Long, Vice,
| President, 3S2S Camp Street 10 shares, NJ
| ). Senton. Treasurer, 1f42 Louisiana Ave
nue. shares. Ben Beekman, 1913 st. Charles
Street shares Theodore Grunewald
Baronne and University Place, 10 shares
/ Martin II. Manion, 1905 Calhoun Street
| ; shares, W. f. Penick, No. l AubudoI
! Place, 10 shares.
Thus done and passed in my notaria
| office in the City of New Orleans, Stat,
aforesaid, on this day, month and veal
herein first above written in the presenc,
of Olga Douglas and Gladys Jene cOmpe
tent witnesses of lawful age, residing ii
this Parish who have hereunto signed
these presents together with me. Notary
and the said appearers, after due read
ing of the whole.
Witnesses: Olga Douglas, Gladys Jene
Original Signed) Martin Behrman
Mayor. W. III. Ker. Geo. Long, NJ. S. Sen
ton, per II. w. Ker, W. f. Penick, Thee
| Grunewald per W. Fl. X. Ben Beekman.
| MARTIN H. MANION
| Notary Public.
/. the undersigned Recorder of mortgage:
| in and for the Parish of Orleans, State Of
Louisiana, do hereby certify that the abov,
and foregoing Act of Incorporation of the
New Orleans Building State Fair of Louisi
ana Inc. was this day duly recorded in
my office in Book 1921 folio 253, New Or
leans, August %, 1919, Emile ]. Leonard
DIR.
MARTIN II. MANION,
Notary Public.
Sept. 1s-Oct. %.