The herald., 1919-05-08
CHARTERS

of Orleans, State of louisiana, aforesaid.
therein residing, and in the presence OF the
witnesses hereinafter named and undersign-
ed; personally came. and appeared: the
persons whose names are hereunto sub
scrlbed, who declared that availing them
selves OF the provisions OF the laws OF the
State OF Ousiana, and particularly Act No.
1o/, OF the General Assembly of the State OF
LOUISIANA, for the year 1914, they have cove
nanted and agreed and do, by these pres
ents, covenant. agree, bind, form and con
Stltute themselves, well such other
persons as may hereafter join or become as
SSociated with them into a corporation and
body polite in law. for the objects and pur-
poses and under the agreements and stipu-
lations, following, to-wit:
ARTICLE 1.-The name and style of this
corporation shall be the John w. Engelhardt
Realty Company, Incorporated, and under
that name It shall have and enjoy all the
rights, advantages and privileges granted by
law to corporations; it shall exist for a
period OF ninety-nine years from the date
hereof; 1t shall have power and authority 10
sue and be sued in its corporate name; to
make and a corporate seal and the same
TO break or alter at pleasure; to hold, re-
ceIVe, purchase, convey, mortgage and hypO-
uecate property, real, personal and mixed
10 issue bonds, notes and other obligations
to have and employ such managers officers,
directors and other employees or agents as
the interest and convenience Of the corpora
uon may require or demand, and to make
and establish such bylaws, rules and req.
IatlonS lor the corporate management and
control 81 ITS business and affairs as may
be deemed necessary and expedient
ARTICLE 1.-THE dpmicile Of the said
corporation shall be in the City OF New
Orleans, State Of Louisiana. but it may es-
tabHsh and maintain offices and agencies
throughout the United States Of America and
foreign countries. All citations and other
legal process shall be served on the Presi.
dent 4h H., -. D.,
dent of the said corporation. In the absence
OF the President and NiCe-Prcsident then
said process shall be served on the Score
tary OF the said corporation.
ARTICLE III.-The objects and purpose,
tor which this corporation Is organized and
the nature OF the business to be carried OF
by II are hereby declared to be: to deal in
BUY, sell, lease, as Jesse or lessor, improve
mortgage or exchange, for its own account
or Tor the account OF others. real estate, lands
anu tenements; TO act as agent broker oil
trustee tor individuals, firms or corporation
10 reclaim and improve landed property; tC
lay out town lots or suburbs pave side
walks, streets or alleys; to contract ana
erect, or contract for the construction aut
erection OF buildings of all description. anr
generally, to do and engage in anv othe,
business, undertaking or enterprise connect
ed with, growing ont of. incidental or ger
name to any OF the objects and purpose,
charter.
ARTICLE Iv-The capital stock Of tbi.
T TS Iporation Is hereby fixed at the sum OF
rive thousand (S5OOOOO Dollars, divide
INTO fifty t5O) shares of the par value ~
one Hundred $4,000 Dollars each. which
shaII be paid for in cash on the cali OF
nc BOARD Of Directors u may be issued al
not less than par for property purchased by
OF SERVICES actually rendered to the corpora.
ton The capital stock of this cornoratio,
10y 10y oe increased to a sum not exceeding
fltty Thousand (S5O,OO0OO Dollars, All
s..aaes Ct STOCK shall be full paid and non.
binding upon the corporation unless nd
upon rvs books and all certificates NJ 81.
SHdiI be signed by such officers a. ma. IN
ueslsnated by the Board of Directors > NJ
~ saiI; snaII have the right or privilege
y. Se'I!hg or IN any manner disposinp NJ H.;
STOCK IN this corporation, witbort IN
80 oIit.ed the same to the cornora.io,, =:
WflIng through its Board of Directa-s I'm u,
2 9S,b board OF Directors shall have ,ba
Offered ,;.t Gp'io on 10 purchase the stock 50
~ Gu ,Within thirty days, at the bonl -
a. TsraolIshed by the last inventory. ''0e
ANl ICLE N.-All the corporate nou,s-s ..
ms company shall be vested in ~ III VI
iseHienL and control of its bus;,ssS
Tecto-S SiiatI De exercised by a Board of n;
nnmbs- Imposed OF three stockholders. wb;rr
$50 nay De increased to not more ~,
seven at the discretion of the RI t1 mar
cor,S.;s - majority OF the directors III
stitute Quorum for the transect;o. mar
mall, me directors shall be elected a.
first NJ odiLoI OF the stockholders on tbs
- monday IN April Of each ye, ~
r eCtions shall be held under such ri. Ai
R6a .id'iohS as may be determined by 49,
H. VI directors, but after at least fiFtser
to nonce thereof shall have been 80
lived o stockhi9Ider, by. notice thereof de
dsn eeu personally to each stakeholder, or ~
gePoSfing in the post-office nronar VI "
JJ::esseu' notice to such STOCKHOLDERS r.
iilectors thus elected shall continne :, of
ri, III one year or until their successor.
hn nave oeen duly elected and Qualified
al STOCKHOLDERS shall be entitled. in ne-
son or by written proxy. TO one vote ~
edch snare OF stock owned by him and stand
ing IN his name the books of the cor
Pola,on' NO failure TO hold an election
sidII De regarded as a forfeiture of thi
Board OF Directors shall be filled by tn
| remaining directors for the unexnired ten,
SAID Board OF Directors shall likewise eIec
| the additional members in case thew shouI,
Getermine to increase the number of tn
| board OF Directors hereinabove provided
Said Board of Directors shall, at its frs
meeting, elect from among its number.
| president, one or more Vice Presidents
| Secretary and Treasurer. 1t NAV conbin
any two or more of said offices into on
| ana may even elect a Secretary who i
not stakeholder or director Said Boar
| OF Directors shall have the right and oowe
| TO appoint and dismiss such clerks and othe
| employees OF the corporation, including III
| Secretary. who is not a stakeholder or III
Tectors, as conditions may justify or tn
! business OF the corporation may require TIL
| tenure OF office of all EMPLOYEES of the cor
noratlon shall be during the pleasure. of m
Board of Directors.
| ARTICLE VINO stakeholder shall eve
| be held liable or responsible for the con
tracts, faults or debts of this corporation
| nor shall any mere informality in its organi
cation have the effect of rendering this char
| ter null or of exposing stakeholder to an
liability beyond the unpaid balance due Of
the shares of stock owned by him.
| ARTICLE VII.-This act of incorporation
| may be changed, modified or altered, by
I vote OF two-thirds of the persons ownin
the issued capital stock of this corporation
| at meeting convened for that purpose
after notice shall have been given for thirt
days IN the manner and form provided 70
| IN Article OF this act of incorporation
| provided, however, that the objects and pur
| poses tor which this corporation is organize,
| shall not be changed or altered or the CAPT
tai stock OF this corporation increased t
| an amount exceeding the maximum herei
| liked or decreased to an amount less tina
| the corporate Indebtedness without the con
sent and approval of the stockholders own
ing three-fourthS of the issued capital stoc
| of this corporation.
| ARTICLE VIII-This corporation NAV h
dissolved whit the assent OF the stockhoId
ers owning two-thrds of the issued capita
STOCK OF the corporation at a meeting cor
| vened tor that purpose after notice thereo
shall have been given TO each stakeholder i
accordance with the terms provided for i
Article VII of the act of Incorporation. l
the event OF the dissolution of this corpora