The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-23
CHARTERS.

contract, sue and be sued in its corporate
name, and to own, hold receive, loan,
lease, purchase, sell and convey or mort
gage any and all Of its effects, or to ny
pothecate its property and to do any ana
all acts and things of any other kind, ma
ture or description as may be necessary
to carry out the objects and purposes OF
said business its interests and convent
enceS may require.
ARTICLE VII.-The business of this
lcorporation shall be directed by and vested
in a board of directors consisting OF three
members, two of whom shall constitute
quorum for the transaction of business,
and the said directors as first constituted
shall be James Il. Boulet, Frank Lobrano
and Frank Sullivan, and they snail holu
office until the fourth Monday Ill Septem-
ber 1920, and on that day and on the same
day thereafter elections shall be held an
nually for directors at the principal once
of the corporation. Failure to hold an
election on the day specified shall not DIS
solve the corporation, but the directors III
office shall hold their respective ofnces
until an election shall be held after thirty
days notice of the time and place Thereon
given to each stakeholder. The annual
election shall be held on the fourth Mon
day in September, 1920, and thereafter on
the fourth Monday of September or each
succeeding year, and the election shall De
held between the hours of ten and twelve
a. m. All vacancies on the board of direc-
tors for whatever cause shall be filled by
| the remaining directors.
James I. Boulet shall be the first presi-
dent, Frank LobranO shall be the first vice
president, and Frank Sullivan shall De the
| first secretary treasurer, and they shall
| hold office until the fourth Monday in
| September, 1920, or until their successors
are elected, and each succeeding board OF
directors shall elect its principal officers
| for the term of their election and only
stockholders shall be eligible for election
as a member of the board of directors. d.
rectors may act either in person or by
proxy.
| ARTICLE VIII.-Whenever this corpora
| ton is dissolved, either by limitation or
| for any other cause, it's affairs shall be
liquidated by the board Of directors, who
are hereby vested with full power to sell
| any or all assets of the corporation, either
separately or in mass, and to convey 1uli
and compete title thereto, and shall have
full power to do and perform all acts nee
essary and proper to fully and completely
liauidate the affairs and distribute the pro-
ceeds if any. among the stockholders OF
| this corporation to the amount OF stock
held by each.
| ARTICLE IX.-This act of Incorporation
may be amended, altered and modlhed or
| this corporation dissolved in the manner
provided by law.
| Thus Done and Passed, In my notarial
Office in the City of New Orleans, State OF
Louisiana, on the day, month and year
first herein above written, in the presence
of Azelie Bennett and r. f. Bel, compe-
tent witnesses, who have hereunto signed
these presents, together with the parties
hereto and me, Notary, after reading OF
| the whole.
| Witnesses: Azelie Bennett, r. f. Bell.
| (Original Signed: James T. Boulet,
2721 Canal ST., New Orleans, La 2OC
shares: f. J. Lobrano, 1923 Nashville Ave
New Orleans. La, $50 shares; Frank b.
sullivan. 4l37 Cleveland Ave-, New Orleans,
La, $50 shares. A A: MohENU,
| Notary Public.
I. the undersigned Recorder of Mort
cages in and for the Parish of Orleans
State of Louisiana, do hereby certify that
the above and foregoing Act of 1ncorpora-
ton of the Lee Circle Realty Company, In
corporated was this day duly recorded III
NV Office in Book 1881. folio 3SS.
New Orleans, September 10th, 1919.
| EMILE j. LEONARD, by. X.
true copy: o
| Notary Public.
Oct. 9-Nov. Is.