The herald. [volume] (New Orleans, La.) 1905-1953, 1919-04-17
CHARTERS.
CHARTER OF THE JoHNESS REALTY
CO. INC.


United States OF America, State Of Louis
lana, Parish of Orleans, City of New Or
leans. Be it known, that the 3rd day
of the month of April, in the year of our
Lord, one thousand nine hundred and nine
teen, and of the independence OF the United
States of America, the one hundred and forty
third, before me, Francis d. Charbonnet, Jr.,
a Notary Public, duly commissioned and
qualified in and for this city and the Par
ish of Orleans therein residing, and in the
presence OF the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several parties whose names are
hereunto subscribed, who severally declare
that, availing themselves of the laws of
the State of Louisiana in such cases made
and provided, they have covenanted and
agreed and bind themselves, as well as such
persons as may hereafter become associated
with them, 10 form a corporation and body
polite in law for the objects and purposes
and under the articles and stipulatons fol-
lowing, to-wit:
ARTICLE 1.-The name and title of this
corporation shall be Johness Realty Co.,
Inc, and under its said name, il shall have
power and authority 10 have and enjoy cor.
porate existence for the period of ninety
nine years from and after the date hereof
to contract, sue and be sued to make, have
and a corporate seal and the same tC
break, alter or amend at pleasure; to hold
receive, purchase, rent, mortgage, lease
name property, real and personal and mixed
to name and appoint such officers, director:
and agents the interest and convenect
of the corporation may require; to make anC
establish such bylaws, rules and regulation!
for the management and regulation OF 1t
affairs, as may be necessary and proper, anC
the same to change and alter at pleasure
and to do all other acts and things as may
| be necessary and proper TO carry out tht
objects and purposes of this corporation
! poration shall be in the city OF New Or
| leans and all citations and other legal pro
cess shall be served upon the President, or
| in the event OF his absence, upon the Vice
| President, or, in the absence of both, upol
| the Secretary Treasurer.
ARTICLE III.-The objects and purpose
| for which this corporation is created arr
hereby declared to be: To buy, sell, lease
! mortgage, exchange and rent property, real
personal and mixed, improved and unlm
| proved in the State of Louisiana or else
| where, TO purchase and sell stocks and bonds
either for its own account, for the &C
count of others, either principal or agent
| on commission or otherwise, and also TO i'm
prove property, real and personal, and III
| right to stock in other corporations an,
| generally 10 do any and all things or act
| necessary, incidental to or connected wit
| the transaction of the business for whcl
| said corporatio is organized.
ARTICLE IV.-The capital stock of thi
| corporation is hereby fixed at the sum o
| Fifteen Thousand and no 100 (Sl5O0O.OO
Dollars. divided into and represented by On
| Hundred Fifty 050) shares. OF the par valu
| of One Hundred and no 400 (Sl00CO Dol
lars each, which said stock shall be pal,
| for in cash at the time OF subscription, o
the same may be issued at not less thai
| par in payment for property or rights &C
| tually received or purchased by said cor
poration, provided that no stock shall b.
| issued until the consideration therefor ha
| been received by said corporation. Al
| shares of stock shall be issued as full pal,
| shall be binding upon said corporation I'm
| less recorded on its books This corpora
| ton shall be a going concern when and a
soon as Seven Thousand Five Hundred ant
no 100 CJ,5OOOO) Dollars of its capital stool
! have been subscribed for
| ARTICLE V.-All of the corporate power
of this corporation shall be vested in an
exercised by Board of Directors, to b
| composed of not less than three NOR
than fifteen stockholders of this corpora
ton, who shall be elected annually on In
| second Monday in January in each year
and at which meeting the number of drec
| tors shall be determined. All such election
| shall be by ballot at the office of the COZ
poration after ten days written notice
| such election shall have been given 10 eac
shareholder at his last known place OF bus
| ness or residence. Each stakeholder sha
be entitled to one vote for each share G
! stock standing in his name on rne books
the company, to be cast in person or b
proxy, and in all elections the majority
the votes cast shall elect Each Board
Directors shall serve and continue in o
| flee until their successors have been eecte
and installed. The Directors shall eleC
from their number a President. a Vice
President, Secretary and Treasurer. TIL
office of Secretary and Treasurer may b
held by the same person, but the Secretar
need not be a member of the Board of D
rectors. The Board of Directors shall al
point such officers and EMPLOYEES as ma
be necessary or desired. and who shall hol
office subject TO the pleasure of the Boar
The Board shall have power to fix the con
lpensation of all officers and employees,
enact bylaws. to fill all vacancies occurrir
in their number among the officers. an
generally, full power and authority
carry out the object and business of TIL
corporation. The following persons sha
compose the first Board of Directors an
officers of this corporation. and they sha
hold office until the second Monday in lar
uary. 1920, until their successors dul
elected and qualified. to-wit: A. T
Johness. Jefferson Parish, La, as pres
dent; D. w. Harrell, 925 Nashville Ave
Orleans, La, as vice president; A. S. CHI
net. 43l6 So. Claiborne Ave, New Orlean
La. treasurer; Otto katz, Jefferson Pa
ish, La, as secretary.
| ARTICLE Vino stakeholder shall evt
be held liable or responsible for the col