The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTER
ACT OF INCORPORATION or
wELD-wHITE BtILDiN''
INCORPORATED.

I'll fu.hl day of the mohlh VI
,ha year of our Lord one
,,rcd and twenty. aud oil the ="
-, a. the United states Oh ANY,
bc one hundred ana lolI9 p,hIic
~ mo Joseph SINAI, Il Nolai' ;n ont
any comm issiOncd anu pN' ,h'rain resid
80 tho Parish of Orleans, u rritnrssei
IOt "a, an the presenUe Of the -
tnz'iT@fter named and nhuSA - sevrra
onaUy came and appeaIeI -t',,pto sub
,,rsous whose names a.. .,saiIinp them
iii,,d who declared thaI' 49, I,ys o
e'iLu," the provisions OF tHt 81 or
~ State of Louisiana, rtlaIl'S r,IorationS
',pizslion and formation "a N oGI 81
"a more particularly Vi 10 State u
the Genera The wear 1911, they nav
i..,,nn.ntcd and agreed anu, re hind
thcsr presents covenant ""' VII as such
"a oLIigate themselves "2,,tcr becom,
anu ,nr.ous as may htT'di',l ,.onsti
OIhtI 9TH them. to form anc - jr
dssocla''u -,.,r,tiou and body polll' -
- for the objects anu pt 70, md stipu-
a. rho agreements, 'OuuLLlE' wit.
utr tn h.r.innfter set forth, Io-"N'
lalionS r-,c name. style and w,
An .rInr,tion is hereby ue'I1Isu
OF tn NIL Iyhitc Building, Inc; anu and
~ surb name and title IL snHil for a
or Succession and eNlstehSe date
,.Ti6d of ninety nine S'"io,.ar and au.
Lrsof IL shall have lhe md and
heItoi. 60 routract sue ana De su'I' ,La
W he and use a cOrpoL".II ,g,yrn. 10
- W 10 break and alter At p,,,,,,,a nv
6oId. purchase, lease scli, rt[ Tr5I per
nun iH,,.ptc and pledge property - T., any
potht' d mixed. and hold STOCK III ~;
So rompauy or companies 80 and
LIT this company IN lls ,yS notes
Uurposes; to max" anu lSH,Iray. and if
Pui Pnrti firgtrS of Indebtedness, an 90
anu 40 secure same by ll"i - J,
IL,,o ar in any other mahuti' -, =" md
nnIart and appoint managers I IN make
'icrks or other employees, ""u r,Ies and
.staIlish such bylaws Iul'a or
anu ,for,s as NAV be found neccssaf' a
I've d"sirnbIc for the manaE'H'tuI ~, U ton
Tnsincss and affairs oil Tue ~, ,Dd any
- Generally, to do All '''Is -. for
60 oct matter and thlnE ne at nj
other a't' Ind proper carrying out Vi
the complete anu P''f
its business. r ,his orr
rTICIE 1.-THE dOmicile OF TINS ~, Or
A al shall be in the City OF ~" ~
f'onS state OF Louisiana Nh'n' seryrd
tiou or other legal process 90 his absence
mot, the President, or IN ne r,'nrotion
upon ~ other officer of the corpora.l ',
upon TiEIE U-The objects anu Pu.
,osas for which this corporalloi rSipess
ganized, and the nature o are hereby de-
80 70 he. To purchase, holu' -
al in. improve and lease rear cs''s aud Z,
,,'"rtrage and cucumber the Sam, % ;n oX
erect, manage care ,i iHr as thereon; anC
lthu 1ir 70 do any and all thlnSS an,
L67'atter necessary, convenient Vi obie,t
az tbs furtherance of the ABOVE 'OIo~
and purposes -, ,.ooy n
spTIrIE IV-The capital stock .
Al. l.I,nration shall be Eighty IhOusan'
t tnio 600 mn Dollars, divided into anu TT
N$o,''"d Nv Eight Hundred (o0o) S da 90
nF The mar value of One Hunnreu, GrUm",
noIlars each, which shan an pe esSegSabIe
St Ech. for said stock shall De pay
snhst ir ash and not less than fifty pc
mt thereof shall be PAID at the n az nn',
OF subscription, and the palah nf,,ators
"A called for by the boalu VI ,.-u,,.;,
~ stockbolder shall sell or Other I'VE
no ~ his stock without first Olier
uisPS ,,,jtinT TO the body OF stOchuo'uieL
through the Board of directors; al shaI
rot value and the stockh0lueIS 80
have fifteen days wlt hfo- Mn same may b
S,t,ored and sold on the pubic IhaIh ,;o,
The capital stock of this corpeSFamT, ~.
NAV be Increased TO the SUN so- % 600 M
Hundred and Fifty Tho1sahG %-'O'0''''O
Dollars, as is PROVIDED u! law" ,oor,
This cornoration shall be and becom
ninc, conrerl MS soon as fifty per cen
OF its capital stock, shall nave oehe gu"
scribed. .,o,,,or
,pTICIE y.-AlI the corporate power
If this corporation shall be vesteu III an n
os nv Board of directors 10 "
aunnased OF three stockholders ma
Sor;tv of whom shall constitute iuO
INN for the transaction OF business
Tho Roard of Directors shall be eiecte,
onnnsIly on the Tuesday after tne if
Monday in January IN saeI held on tina
Iny All elections shall be by DalloC an ,,
Zach stockholder shall be entitied 10 oT :,
-ote for each share OF STOCK stdhuS !, 81
his name on the books Oh .iie or nv writ
tnn nroxy. Failure to select the DUAL
~ directors as herein provided shal ~ hU
.,ork forfeiture of TINS IharleI, -
the old Board of Directors sn"n are dnI,
Elected and qualified. Any Directon "" III
a. not able to attend any meeting oh un
Hoard has the right to appoint, III wiz y
another member OF the boaru " NV
his proxy. ..,o, sbe,
Tn. officers of this corporation shal
~ President a Secretary ana lreas
nrer with the right to have Que oI ,tin oa
Vice Presidents; any TWO Oh Ine 10 com
excepting that of. President, may COL
bined; the Secretary need hoI oe S
holder of the corporation
rho first Board of Directors to serv
mill the Tuesday after the flrst Msnua
an january, 1921, or until their SUI SUI So
are duly elected and qualified, shaI ,S a.,
80 ~ Sidney tombstone Whlte, IeSiuli
No 4 Richmond Place, New orlean
o,iSiana. William Philip Richardson 7.
Gliding at 1923 Calhoun Street G Nem
Ieans La; and Cecil wider ot.op Ma
residing At o No Of lC Which Sidney johnston
,uhIta Shall he President. William Phll
p,nhordson shall be Secretary ana ITea
nrer ANY vacancy in the Boaru VI IN n
tors may be filled by the renalnlns ~
rectors of said Board from among IL
stockholders. -, 49,, a.
Tho BOARD OF Directors shall nave ~
nower and authority, by proper resoi y
lions to sell, ALLEVIATE, lease 9lspose n
mortgape. hypOthecate ana pleuse a
Lind Of property owned by the CorPU ,,o
ton either in whole or IN par, M
such terms and conditions as III nS 1uu
mont may be deemed proper 10 purSnat
Lease and otherwise acquire any proper
Co. the corporation, either for casn
,non terms: to make loans, borrow hone:
tSsna notes and other obligations the sun
IN any manner permitted oy Hm 1--we,
II shall have and exerc 1se n ne 1af4
conferred by Act No. 26I OF lolf'
.pTICI.E yI-This act of incorpors
.,on NAV he amended, altered, ana houi
fled. or the corporation dissolved NJ =; an
time nv complying with the pro'isioh
Of the laws of this state
ARTICLE yII.-At the expiration =
,h,s Charter, or the earlier dissoiuuoh !, Y
This CORPORATION, its affairs shaH De -
ouidated by two commlssiV,n a' a.cordapc
with law. and said commissioners a.,
hereby vested with full power anu au
n thority 10 sell any and all assets an
s Sroperty, real, personal ana mineu' -,
his corporation, and to convey lan en-
complies title thereto. and TO 90 s Ss
essential to a full and complete nauiuat ~
OF this corporation, and to distriou.e ~
proceeds, IL any. In the eNeht at,h =
death. inability or resignation vi She,
of said commissioners the suiNNV .,
continue to act and be likewise InSes'e'
,r,th eli Tho nowers herein mentioned.