The herald. [volume] (New Orleans, La.) 1905-1953, 1920-10-14
CHARTER
or NEW ORLEANS REAL
/ofEB VI CnMPANN, INC

d ouLorty and Of the Independence
"A spd vi States of America, the one
N uDlteD forty-fifth, before me-, Her
4 .,,drd sn u q Notary Publlc, duly
"A l. 1 and qualified. IN ana Tor
rapsseH N orleans, state OF L"ulslahA,
y PInsSD.iSing. and in me pr's.h," Oh
/ t,rsD r. hereinafter haih"l ana IN
b sli S personally cane au1 "rlt ITO
jeafDe.sI persons who's I g..,i are "e,S-
4 - ebscrUD STcraIly declared to mo, No
~. Eho soiIinr themselves Of the laws
y, tb1t Al Louisiana, In such cases
y he statTided. and more particularly
4 "a Shd Pr s General Assembly of the
iJia 49, ois;ana of 1914. relating TO III"
4 ~ Of FORMATION and formation of
| s,ds1. tbey have cOycnantcd and
.oSrsnoIsi these presents do covenant
4 ~, anu "a hind themselves as well
1 "a agfrt other persons as may hereafter
81 sOepp.ociated with them, 10 form
sOrs ssf Cor the objects and purposes
t.P'rsIOOrr the articles and sIPuldtionS
as.sinr tO-Ti The name and title Of
biIe.n,stion shall b" New orleans Real
/ % iEESmpany. Inc. and under us cor
Bsin sine osme il shall nav" rover ana an-
/ air % have and to enjoy corporate |
4 W. Tnr 4 pfEiVA VI nm ''+'i 80 . /
1 dssns ~ ueof. unless sooner dissolved I
4 no slg az or otherwise. II shall have !
" NolOa".Dt,act. TO sue and b." sued, To !
80 - ns, corporate seal and to |
l sih ~ n,eak same n pleasure, to hold. |
itg nU s,se purchase. transfer. assign, /
/ -ti's po,tgace hypOtheCatc. pledge, or |
4 SsEsj, ,eceiye or dispose Of property, |
1 esss. and mixed, corporal and |
vi 81 10 issue bonds and II de- |
/ r0fpof'ea c,,e the same by mortgage, to ,
cd 'hod stock in other companies |
~ Nv "a The objects and purposes or to |
soss. of the business interests of |
D. npY,n,stion: 10 name. elect ana ap-
1 D VIZ managers. agents, directors or |
'sh its business interests may re- |
fFu,nd 10 make and establish, alter |
'r.rsnd lis bylaws, rules and rrgula- |
% a. ne proper government. As may /
| S.ped necessary ana proper anu gen
80 Al any aud all things incident 10 /
1p - and proper for the extension /
s,' sT.ipess in which the corporation |
Igaged, j, Tbis corr,rariop shall d.
AhinnI IN the CITY Of New Orleans in /
~, AZ Louisiana. and all citation /
ss Iscal process shall BE- served upon /
7 p.ssdent Of the corporation. and. in |
I.'St Of bis absence, upon the Vice |
n
'STTCLE III-The objects and purposes
hL1icb this corporation is organized 1
s.s,tsd and the nature Of the bust
"a bs carried on by il. are declared .
=. follows: To buy. sell, exchange,
.,,,gs pledge, deal in, lease, hold, con
y Ss.slop and improve real estate, real
q,IIsd property, and the buildings or
] -.-vsmsnts thereon. in III" state of
LFlN'eA- Of
i n srt as real estate agents and
/ ...,< as auctiOneerS and appraisers.
- handle rent, lease and manage the
" state houses and buildings of others:
~, rents and incomes and to pay
!, ,,Tss thereon. To develop any lands
l -,,,S by or in which the corporation
l arrested BY laying out and preparing
1 -. 70, building purposes, constructing,
-,i,,sipipg and improving buildings
l,,sp. BY planting, paving, draining, or
1 s,rsis and by entering into any and
4 a .ssirarts and agreements for such de- |
1 ,spmspt projects as may be necessary
/ a Incidental TO such purpose, and i'm
-ysl 10 conduct general brokerage
| ,rfy and commission business for others
/ N purchase, sale and management of
u state for others and the negotiations
nns thereon; TO purchase and sell for
a,n. personal property, stocks. bonds
n potss and TO negotiate loans thereon
r Sters To act as agent for insurance
g-uues in soliciting and receiving ap-
,i1tous for all kinds of insurance, and
Snduct such other business as may be
s.ntd to agents by insurance com
Ms Of oil kinds, and in general to con
hi a insurance agency and insurance
,SiSrzge business.
liflCLE IV-The capital stock of this
Ivoaion is hereby fixed at the sum of
I IN thousand (S5,00O0O) dollars. and shall
.rded into and represented by one
l.lirsd 400 shares of the par value of
I ttJ so 00) dollars each. Said stock
al Be paid for in cash or its equivalent,
guided By law, and in such manner
NJ II such times and in such installmentS
. nay be prescribed by the Board of Di-
rfar This corporation shall become
nis concern and shall be authorized to
/ Nnsce business when twenty-five hun
fN lcDo00) dollars of its capital stock
+ al have been subscribed for, as pro-
nd BY law, and when twelve hundred
ID fifty Hl.2J00O) dollars of its capital
ssi shall in fact have been paid for,
sld IN cash or its equivalent.
HflCLE V.-The capital stock Of this
tlernOn may be Increased to the sum
{ my thousand $50 0OO0Ol dollars by a
Stlflfds vote Of all the stock present or
srstntd at special meeting called for
~ purpose, or at regular annual meet
Hd The corporation.
RIlCLE YI-All certificates Of stock
ND BY the Company shall be signed by
President or Vice President and cOun-
ssEsed BY the Secretary-Tr The
"a this corporation can be transfer
ay On the books of the corporation
nelet TO such regulations and for
Aans as may be by the Board of Di-
80 nom time to time prescribed. No
ueoer shall be permitted TO sell or
s dispose Of his stock without .
Meflng the same in writing 10 the
"a stockholders. through the Board of
WIS al price not exceeding the
~ uiue thereof, and the stockholders
~ tSe On option and first right to
Us ~ the shares of stock to be thus
oy sale or by the death, resig-
~ otherWise, of any of the stock !
-, me corporation, and shall have
-, Ten days In which TO accept
- Ing sucn offer of stock. Should the
\. directors or the stockholders de-
80, purchase said stock, then the
=. .A,nef or stockholders who made the
=. veil or otherwise dispose of the
nay sell or otherwise dispose of Il
!, manner and at any price that he or
-. ee III But each share of stock
n,l,,s Snuer The condition and under
pS nu no stakeholder shall make
tns . transfer OF his stock in violation
nrSy'Aon and such sale or trans
q, -" snail be void. and this Com
Il 80 oe under no obligation to list
A., - On Its books or to regard the
| lar,c, me certificate thereof
az. LIE 'll.-The corporate powers
a-;.s operation shall be vested in and
1 - ey Board of Directors com.
Il s.,,s, es stockholders, two Of whom
a y e ate a quorum for the transac-
i,,,sssus BUSINESS. The Directors of this
~, may vote in person or by
49, AZ any Of the meetings OF
hu.,, directors, and the Board of
n, 10y delegate any of its powers
uncer or officers or any other
~ rsal,s OF the Company by appro-
M nuon TO that effect. The first
tssss. D,'estors Of this Company shall
W., me first stockholders meet
m :, hereby set for September
hr,,e new Orleans, Louisiana, and
: nm NJ 20 elected shall serve until
atl n mdnesday in December. 1920,
nks III successors are elected and
y Dan Inc me Directors of this corpora
nsNsEs,s~ elected annually BY the
40 W. ~ a meeting held on the
y ae,ss,.suay In December in each
u b ,su Notice of such meetings
T u n gwen fifteen davS n-ior 60 az