The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-29
CHARTER OF THE CHUBBY REALTY
CO., INC.

United States of America, State OF Louis
lana. Parish of Orleans, City OF New Or
leans Be it known, that on this the Iotn
day of May, in the year OF Our Lord' Oie
Thousand, Nine Hundred, and Nineteen, ano
of the Independence of the United States
OF America the One Hundred and Forty third,
before me, Edouard F. Henriques, Notary
Public, duly commissioned and quallfied IN
and for this city, parish and state, herein
residing, and in the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared, the several persons
whose names are hereunto subscribed, who
severally declared that, availing themselves
of the provisions of the laws OF the State OF
louisiana, relative to the organization and
formation of corporations, and particularly
Act 267 of the Acts of the General Assembly
of the State of Louisiana OF 1914, they con-
stitute themselves, their associates, success
sors and assigns, corporation under the
stipulations herein set torht, winch they
adopt as their charter, to-wit
ARTICLE 1.-The name and style of this
corporation shall be Chubby Realty Co.,
Inc.," and it shall have and enjoy succession
and corporate existence for period OF
ninety nine years from the date hereof; and
shall have power and authority to contract,
sue and be sued in its corporate name; to
make and use corporate seal, and the same
to break or alter at pleasure; to hold, re-
ceive, hire, and purchase real and persona
property, and to sell, mortgage, or pledge
the same; and to borrow money and issue
bonds, notes, and other obligations; and, for
the purpose of the business to be carried on
by it, shall have. all powers conferred by
law upon corporations, and shall generally
exercise all the powers necessary to carry
on the said business.
ARTICLE 1.-THE domicile of this corpo-
ration shall be in the City of New Orleans,
State of Louisiana, and all citations and
legal process shall be served on the President
OF the corporation, or, in the event of his
disability, on the Vice-President of the cor
poration.
ARTICLE III.-The objects aid purposes
for which the corporation is organized, and
the nature of til. business to be conducted
by it, are hereby. declared to be to purchase,
lease, or otherwise acquire, sell, exchange,
and generally deal in real properties, i'm
proved and unimproved, situated in the City
OF New Orleans, and vicinity; and to build,
construct, reconstruct, alter. furnish, equip,
maintain, operate, lease and sell dwelling
houses and apartment houses of all kinds
| and description.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum OF
| Five Thousand (S5,OOO) Dollars to be repre-
scented by Fifty (s0) shares of stock, of the
| par value of One Hundred (slOOOO) Dollars
each. Fifty per centum of the capital stock
| must be subscribed before the filing of the
Articles OF Incorporation; fifty per centun,
OF all stock subscribed for must be actually
Paia IN before the corporation engages in
business, and the remainder within twelve
months thereafter, as the law directs. The
amount to which the capital stock NAV be
increased shall be Ten Thousand (s1O on
/ Dollars. ~-O'O''0o'
| All stock subscribed for shall be paid for
| IN cash, or its equivalent, or property re-
| ceived, or labor done, at such times and
| upon such terms and conditions as the Board
of Directors shall prescribe. No transfer
| of stock shall be admitted or held to be
valid, or binding, so far as the corporation
is concerned, unless made upon the books of
| the corporation> No sale or pledge of stock
shall be valid unless made upon the books
OF the corporation. No sale or pledge of
stock shall be valid unless said sale or
pledge is accompanied BY a written certifi.
cate, signed by the president and secretary.
treasurer Of the corporation, to the effect