The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-01
CHARTERS

ed; personally came and appeared: the
persons whose names are hereunto sub
. scribed, who declared that availing them.
fseIveS OF the provisions of the laws of the
State OF Louisiana, and particularly Act No.
ZoI, 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
stitute themselves as we'll as such other
persons as may hereafter Join or become as
Soclated with them into corporation and
body polite in law, for the objects and pur-
poses and under the agreements and stipu.
iationS, following, to-wit:
ARTICLE 1.-The name and stvIe of This
corporation shall be the John w Engelhardt
Realty Company, Incorporated, and under
mat name 1t shall have and enjoy all the
rights, advantages and privileges granted by
law TO corporations; it shall exist for a
period OF nnety-nne years from the date
hereoti 1t shall have power and authority to
sue and be sued in its corporate name; to
make and use 4 corporate seal and the same
10 break or alter at pleasure; to hold, re-
IeNe, puFchaSe' convey, mortgage and hypo-
uecate property, real, personal and mixed :
20 issue bonds, notes and other obligations /:
10 nave and employ such managers officers
directors and other employees or agents as
the interest and convenience of the corpora
ton may require or demand and 70 make
and establish such bylaws, rules and regu.
Iauons Tor the corporate management and
control OF Its business and affairs as NAV
be deemed necessary and expedient
ARTICLE 1.-THE domicile of the said
corporation shall be in the City of New
dreams State OF Louisiana, but il may es-
taOIish and maintain offices and agencies
throughout the United States of America and
foreign countries. All citations and othe-
legal process shall be served on the Presi.
dent and IN his absence on the Vice Presi-
uent OF the SAID corporation. In the absence
OF the President and Nice-President then
SAID process shall be served on the Secre.
tary OF the said corporation
AKllCLE llI-The objects and purposes
Tor winch this corporation is organized and
Iie nature OF the business to be carried on
D! II are hereby dec AIRED to be: to deal in.
ouy, sell, lease, as Jesse or lessor improve,
mortgage or exchange, for its own accouut
or ior the account OF others. real estate. lands
ana tehePentS; to act as agent, broker or
trustee Tor individuals, firms or corporation
10 reclaim and improve landed pronerrv. ~
I"y out town lots or suburbs, pave side.
walks, streets alleys: to contract and
ereCt, or contract for the construction and
erection OF buildings Of all description. and
SehtFdIIy, to do and engage in any Other
oI simSS'' undertaking or enterprise connect
Gu "iui' growing out OF. incidental or ger.
name to any Of the objects and pyrn@srs
charter. ~ t'''S
ARTICLE IV.-The capital stock Of This
corporation is hereby fixed at the sum -
1--we I've sifnousand l$5opooOl Dollars, divided
mo ijfty t5O shares Of the par yalne 0f
one Hundred (SlnOU Dollars each. which
,na'L De pad Tor in cash on the call nj
me board 81 Directors or NAV b.. issued -.
no. Iesss ulan par Tor property purchased bv
e.; 'i is actually rendered to the CORPORA.
,,g,. Inc capital stock of this corporation
may be increased to a sum not 80 -.
my thousand tS50OUOOW Dol1ars AZ
shares OF stock shall be full paid and nov
bind;nn NO transfer Of stock shall be
mon - Upon me corporation unless made
~IPoi rs DOCKS and all certificates of SCI.
SIdI pe signed by such officers a. -,
ueSi gnated by the Board Of Dirar,o- nay Nc
stoSAnoIder shall have the right ~ r,r;,.;r.N ln
81 Ing OF IN any manner diSposing az ~
first ,ffs-a ms corporation, without having
-; otieItd me same to the corpora-ior, -;
MIlIIhg through its Board Of Dr., 1-.o'i II,
r;aL. board OF Directors shall have I .H
f. ana option 10 purchase the sto~l. -, ~.
a. aSt,, Mi'hin thirty days, at the booI, -
'S established by the last inyento DToN '"'oe
this cac+r,l., N'-A!i the corporate bowers ~
amusement and control of IL h,,si anu me
80. sIdIl De exercised BY 4 Rod .. az "a
composed Of three stocLbaITa-u u u
seven De increased to not more ~" +t,.t
reotors s,'e discretion OF the Board Of d..
co1s.;s.. y majority of the dirertS-s ~,
I,,I ??l''uIe Quorum for the tra~.sc.;S [iIdii
IIS. The directors SHAH he r IN % All
f". by ballot of the SUBSTANTIALLY an
eIect;an. ''iIdy IN April Of each ven t aE
'iaII De heId under such rules ~
R6ard 80 ~ as may be determined ~, a 10
- oi directors, but after A. L.. me
80 IouCe thereof shall have r. -'.:SoH
~ eaTh stakeholder. by not;re - gwen
JeraS;t: personally 10 each stockhoIder - I
dressaJ III me post-office, properly adj.
ii;;esseu' a notice to such stockboids' ~ rd-
f; eU'oFs thus elected shall continna - ne
sLor J one year Or until their surrrssIrs
Al HdEe oeen duly elected and onaIjf;ed
M stoeKho!ders shall be entitled. in nc-.
eo-r, oy written proxy. TO one vote ON
ing IN his name on the books ~ ~ ~
~ Id "a NO failure to hold an eIect;n,
Sha4! be regarded as a forfeiture If .b;s
MAJ Ter Any vacancy occurring Or, saiJ
-'oaaG OF directors shall be filled by the
ieHIalnIng directors for the unexDired tom,
SAID Board of Directors shall likewisa H.
the additional members in case they sbo,i6
nc lerihlhe to increase the number OF the
eoa,d OF Directors hereinabove provided
oald boarG OF Directors shall at its first
Z Z resident one or more Vice Presidents a
secretary and Treasurer II NAV combine
any TWO or more of said offices into one
ana may even elect a Secretary. who is
nor stockholder or director. Said Board
OF Directors shall have the right and rou,e-
to appoint and dismiss such clerks and o+be-
employees OF the corporation. including the
who is not a stakeholder or d.
Iectors' as conditions may Justify or the
business of the corporation may require, The
tenure OF office of all EMPLOYEES Of the co--
y shall be during the pleasure of the
ARTICLE Vino stakeholder shall ever
be held liable or responsible for the CON.
tracts, faults or debts OF this corporation
nor snail any mere infornality in its organi
zdtioh nave the effect of rendering this char
ger nun or OF exposing a stakeholder TO any
liability beyond the unpaid balance due on
the shares of stock owned by him.
ARTICLE NII.-This act of incornora+io,
may be changed, modified or altered. bv a
vote OF two-thirds OF the persons OWNING
The issued capital stock of this corporation'
- meeting convened for that purpose
inter- notice shall have been given for thirty
lays in the manner and form Drovided 81
N Article OF this act of incorporation.
provided, however, that the objects and pur
poses tor which this corporation is organized
'hall not be changed or altered or the cant |
tai stock OF this corporation increased 70
IN amount exceeding the maximum. herein
iNed or decreased to an amount less than
ne corporate Indebtedness without the con- |
sent and approval of the stockholders own. |
ng tnree-tourths of the issued capital stock |
II this corporation.
ARTICLE VfII.-This corporation NAV he |
dissolved whit the assent of the stockhoId- |
,rs owning two-thirds of the issued capital |
STOCK OF the corporation at a meeting con. |
'ened Tor that purpose after notice thereof |
mail have been given to each stakeholder in |
accordance with the terms provided for in |
Article VII of the act of Incorporation. In |
he event of the dissolution of this corpora. |
1on by the expiration of its charter or !
otherwise, the business and affairs of the |
corporation shall be settled by three liqui- |
tatOTS he tod hH-