The herald., 1919-12-11

United States of America, State of Louis
lana, Parish of Orleans, City of New Orleans,
Be il known, that on this twenty 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 J. FOR,
mento. a notary public, duly commissioned
and qualified, in and for the City OF New
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 tuil
age of majority and residents OF this City,
who seyerally declared that availing 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 ana
organized and by these presents do form and
organize themselves into a corporation Io'
the objects and purposes and under the stlpu-
lations and agreements hereinafter set fofth
and expressed, which they hereby accept and
adopt as their charter, to-wlt:
ARTICLE 1.-The name and title, OF S1e
corporation hereby formed is declared to De;
"Lee Apartments, Incorporated, which shall
have its domic1e in the City of New Or
leans. La, and shall enjoy succession for a
period of ninety-nine (99) years from GATE
hereof All citation other legal process
case of his absence or inability to act, upon
the Vice President or Secretary-lreasurer.
ARTICLE 1.-THE objects and purposes
for which this corporation is organized ana
the nature of the business to be carried on py
II. are declared to be:-To purchase, sell,
mortgage, lease, or otherwise aequi's PSI
ertv. real, personal or mixed; to furnisn
apartments and let same; and generally 10
do any and all things necessary IN OF III
cidental to the business
ARTICLE III.-The capital stock OF 'h ~
ten thousand dollars $50 OOO.0O), divided Into
one hundred Goo shares OF the par value
of one hundred dollars (SlOoOol eaen; whieD
stock may be issued full paid and non as,
sessabIe for cash or for property transferred
for value or for services actually rendered
IN said cooperation. Said capital stock may
be increased to twenty-five thousand ooliaI
(s25.OOOOO) by the vote OF two-thirds OF an
the stock, as provided IN hTtie,e sS,,1 offer
his stock to any outsider for sale, he snali
6rst offer same to the Companys stock
holders, through its President, at price ho1
exceeding what he is willing to, accept from
an outsider.
ARTICLE Iv.-All the corporate powers OF
This corporation shall be vested IN and ex,
ercised by Board of Directors. consisting o.
three (3) members two u OF WHOM sha
constitute a quorum for the transaction OF
s shn be composed of the following stock
holders. to-wit:-Manlius B. Lee, l2O n
Rendon ST., New Orleans, La, Ernest u
| Rr,nis. 2724 Burgundy St, New ORGANS
Ia and Frank J. Stitch, ll03 n. Sarroliton
Ave New Orleans, with Manlius B: Lee as
nresident. Ernest G. Brunig,- as vice ,Presi'
| dent and Frank J. Stitch as Secretary lreas-
,,rer who shall hold their office until the
second Tuesday in October 1920, or until
their successors shall have been duly APP
no;n,ed and qualified. On the second Tues
Nv of Octobr 1920, and annually thereafter
an election for Directors shall be held al
the office of the corporation, as provided ioi
| by the Bylaws.
| This Act of Incorporation may be changed
mr. amended and this corporation may be dis
| solved or Inundated. with the assent OF TWO
| thirds of the whole capital stock convened
| FOR that purpose after fifteen Q5) days prio'
| w,;.ten notice of such meeting shall De giver
TO each stakeholder mailed to his last KNOW
| address.
ARTICLE Vino stockholder OF this cor
| norat;on shall ever be held liable for tn'
| contracts or faults thereof, in any turthei
| snm than the unpaid balance due to the cor
| nora.;on on the shares of stock owned o,
him. nor shall any mere informality IN or
| a.n;zat;on have the effect OF rendering TIM
| Chatter null or exposing a stakeholder to an
| liability beyond the unpaid amount OF M
| stork Thus done and passed, In my notaria
| off;cr AT the City of New Orleans, La, II
| the presence of Edward ]. Lamothe. ST. AM
| Fernand F. Teissier. competent witnesses ans
residents of this City, who hereunto subscrio
their names. together with the SAID appearer
| and me. Notary after reading of the whole
| ORIGINALLY SIGNED-M. B. Lee, rs
N Rrrdon sixty shares; William L. Hale