The herald., 1920-12-23
CHARTER OF yESOUL REALTY IN
yESTMENT CO.. INC.

United States of America. State of Lou
iSiana, Parish Of Orleans. City of New Or
leans Re il known. That on this eighth
day Of the month of December. in the year
one thousand nine hundred and twenty.
before me. Scott +. Beer, n Notary Public.
duly commissioned and qualified in and
for the above parish, therein residing. and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared, the several persons
whose names are hereto subscribed. who
severally declared that availing them
selves of the laws of this State. relative
to the organization sOf corporations, In
such cases made and provided. they do
hereby constitute themselves. their asso-
ciateS. successors and assigns, a corpora
ton for the objects and purposes and un-
der the conditions and StipulatiOns OF the
following articles which they hereby adopt
as their charter, tO-wit:
ARTICLE IL. The name and title of
said corporation shall be VesOul Realty y
Investment Co., Inc, and its period of
duration shall be ninety nine years from
this date.
.. Said corporation shall have for the
purposes of the business to be carried on
by IL al the powers conferred by law upon
corporations. and shall generally exercise
all the powers necessary to carry on said
business. Said corporation shall have full
power to contract, sue and be sued In It's
corporate name; to make and use cor
at pleasure; to hold, to receive, purchase
rent or otherwise acquire, and TO convey
mortgage, hypothecate, lease, pledge. sell
or otherwise dispose of property, real, per
SOnal and mixed: to issue bonds, notes or
other obligations: to name and employ
such managers. directors, officers. agents
and other employees as the interest ana
convenience of the corporation may re-
quire, and to make and establish Such b!-
laws. rules and regulations for the man
agement and control of the business ana
affairs of the corporation as the managers
and directors of the corporation may deem
proper.
ARTICLE Ill. The domicile OF the
corporation shall be in the City OF New
Orleans, Parish Of Orleans, State OF Lou
isiana.
.. All citation and other legal process
shall be served on the President. or, In
case of his absence or disability, upon the
ARTICLE I'LL. The objects and pnr-
poses for which this corporation Is organ
lied an dthe nature of the business 10 oe
carried on by II are hereby declared 10
be: To purchase and otherwise acquire
and hold and own. lease sell, or otherwls,
dispose of and to handle, promote am
develop real estate and other properly
this city or elsewhere: to purchase anu
sell or otherwise acquire or dispose OF, anu
hold, engage and deal III Oonus,
stocks, notes and other securities OF otnei
evidence of Indebtedness of every cnarh,
ter and description, and generally 10 u9
and perform any and all things connecteu
with the aforesaid purpose or necessar!
and incidental thereto.
ARTICLE W.. The capital stock OF
said corporation is hereby fixed at thret
hundred thousand (S30O,OO.OOD doIlars,
consisting of three thousand t3.W"l ss sn ooS
of the par value Of one hundred tslVVoV'
dOllArs per share.
.. One-haIf of said capital stock shali
be subscribed at the signing OF THESE
ticles of Incorporation, and one-haiI OF
said stock so subscribed shall De PaIu an
in cash. before said corporation engages
business.