The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-02
CHARTER.

Notice Of each annual election OF direc
tors shall be given by letter to be writer
ffteen (l5) days previous to said election
| and sent to the last known address of eacl
of the stockholders. Failure from any
cause to elect directors on the day stipu
lated shall not dissolve this CORPORATION
but the President shall call a new meetinl
on fifteen Q5) days notice as soon a,
possible.
ARTICLE v.-The Board of Director,
shall have full power to use and manag,
the property of this Company in sucl
manner as in their discretion may seen
fit, consistent with the objects and pur
poses and welfare of the Company. TIL,
said Board is further authorized to fran,
and adopt such bylaws, rules and regula.
lions as the affairs of the Company NAV
require, and as it may deem necessary fol
the management thereof, and to alter tn,
same at will, provided they are not il
conflict with the terms of this charter
The Board of Directors shall determin,
what employees are necessary from tim,
to time, and have full control of same
1t shall also fix the salaries of the severa
| officers herein provided for.
ARTICLE VI.-Any changes, modifica
tons, amendments of this charter, or dis
solution of this corporation shall be strictly
| according to the termssof Act 267 of lgl.
and subsequent amending acts
| ARTICLE VII. - No stockholders shall
ever be held liable or responsible for any
| informality in organization, nor shall tina
have the effect of rendering this chartc
| null.
Thus done and passed in my office il
| this city, on the day and in the month an,
year first above written, in the presenc,
OF j. \. Matthew and n. +. BaumGarden
| competent witnesses, residing here, VIII,
| have signed these presents together will
! the said appearers and me, Notary, afte
| due reading of the whole, the appearer
| declaring that the following is the stool
| subscription list:
| (Signed)
James f. Turnbull $40 Baronne St. New
Orleans, La, "a four shares
Il. l.: Viguerie, pa BarOnne ST., New Or
leans, La, a. four shares.
| Ben Il. Mathews. 3d. Baronne ST. New
Orleans, La, "a four shares.
NJ. p. Arnault, DO BarOnne St, New Or
leans, La, a. four shares.
Meyer Eiseman, per J. II. Morris, 80
| Common St. (4) four shares.
| Ashton Blum, 6l5 Commercial Place, Ney
| Orleans, La, a. four shares.
Arthur z. Mayer, S02 Perdido ST., Ney
Orleans, La, (2l two shares.
| Edward Murphy, $40 Baronne ST. Ney
Orleans, La, "a four shares.
Liberty Realty & Securities Co, by s. '
Edmiston, Sec, sos Union st. New Orleans
La, (2) two shares.
Alvin L. Johnson. 316 Carondelet St
! New Orleans, La, (D four shares.
Walmsley & Co, Inc, by {. Il. WalmS
ley, V.-P:, us Common St., New Orleans
La, "a four shares.
/ OdTrOl ID. aImSley, IlS common st
| New Orleans, La, "a one share.
Engelman Il Mayer, SO2 Perdido St, q
| two shares.
Paul ]. Leaman, 3D. Baronne ST.. Nev
Orleans, La, ca four shares.
J. Edmond Douglas, 5O3 Marine Bank
| New Orleans, La, 90 two shares.
John ]. Murphy, $40 Baronne ST., Ney
Orleans, La, 90 two shares.
| Witnesses:
| (signed): ]. A. Matthew, n. Z. Baum
| garden.
RUDOLPH ]. WEINMASN,
Not. Pub. (SeaD
! n. o., Aug. ., 30.
1, the undersigned, Rrecorder of Mort
| cages in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the act of incorporation of the PrOgressiv
Real Estate Auction Exchange, Inc, wa
this day duly recorded in my office. il
Book 1242, folio $50. New Orleans, Jul
18th, 1920.
(Signed) NJ. J. DUNN, Recorder.
/ certify that this is true copy of III
! original on file in my office.
RUDOLPH J. WEINMANN,
Notary Public.
Aug 5-Sept O.