The herald., 1920-02-19
CHARTER.
INCORPORATION OF THE
ACT WrID-WHITE BCILDING,
UNCORPORATED.

0riesnsSo och, day of the month of February
ninths wear Of our Lord, one thousand
IN hundred and twenty ana OF the In
depeh.sa oue hundred and forty fourth,
Yea, u ne Joseph Sinai, a Notary Public,
eeior. commissioned and qualified, In and
duD ~ parish of Orleans, therein resid-
iSs. and in the presence O Od ,ns Witnesses
befms came and appeared, the several
sobanys whose names are hereunt0 sub
peIlnsS who declared that, awaiting them
ILL., e,sss OF the provisions OF the laws of
seree,ate of Louisiana, relative to the Or
inc .ssst,op and formation of corporations,
more particularly of Act No. 267 of
sho General Assembly OF the State of
tne,sisua. for the year 1914, they have
.~csnanted and agreed and they DO by
e eesss presents covenant and agree, bind
tns ohiigate themselves, as well as such
an s., nersons as may hereafter become
otnasss,.fed with them, TO form and consti-
49, so : corporation and body polite in
,u~ sor the objects and purposes and IN
nav i tos agreements. conditions and stipu-
see ~ hereinafter set forth, tO-wit:
.pTICLE 1.-The name, style and title
,his corporation is hereby declared to
sWeld- White Building, Inc.," and I'M
~ .ueh name and title ii shall have and
s.ioy succession and existence for a
Psssof II shall have the power and au-
xs,ity to contract, sue and be sued, and
~ make and use a corporate seal, the
ue TO break and alter at pleasure; to
snd purchase, lease, sell, mortgage, n.y.
.osbecate and pledge property. real, per-
Y.sl and mixed, and hold stock in any
shsr company or companies that may
ssst this company in its objects and
arrnoses: to make and issue bonds. notes.
"a certificates of Indebtedness, and IL
Sss,red 10 secure same by mortgage,
e,edee or in any other manner; to name,
slsct and appoint managers, directors and
eisrks or other employees, and to make
srd establish such bylaws, rules and
sssulations as may be found necessary or
a. desirable for the management of the
hnsiness and affairs Of the corporation,
sad generally, TO do all, every and any
ether act. matter and thing necessary for
me ecmplete and proper carrying out of
Ms business.
ARTICLE 1.-THE domicile of this cor
TAXATION shall be in the City of New Or
kaus. State OF Louisiana, where all cita-
~. or other legal process shall be served
mon the President. or, In his absence,
anon any other officer Of the corporation.
ARTICLE III.-The objects and pur-
,oses for which this corporation is or
s,uised, and the nature of the business
"a be carried on by it, are hereby de-
elsred to be: To purchase, hold, sell,
desl In, improve and lease real estate. and
mortgage and cucumber the same, and to
sreet. manage, care for and maintain, ex-
tsud and alter buildings thereon; and
srreraIly to do any and all things and
natter necessary, convenient or desirable
II II. furtherance of the above objects
and purposes.
ARTICLE Iv.-The capital stock of
this corporation shall be Eighty Thousand
l180O00O0) Dollars, divided into and rep
resented by Eight Hundred 5000 Shares
Il tie par value of One Hundred, ($1O0O0)
Dollars each. which shall all be common
reek, fully paid and worcestershire.
Inscriptions for said stock shall be pay
able In cash, aud not less than fifty per
cent thereof shall be paid at the moment
a subscription, and the balance, IL any,
a called for by the Board Of Directors.
No stockholder shall sell or otherwise
dispose of his stock without first offer
ing In witing to the body Of stockholders
through the Board Of Directors, at it's
nook value, and the stockholders shall
have fifteen days within which to accept
on reject such offer before same may be
offered and sold on the public market
The capital stock Of this corporation
sy Be increased to the sun Tso, Of ooG Two SCs
Dollars. as Is provided by law.
This corporation shall be and become
eoing concern as soon as fifty per cent
4 10 capital stock, shall have bene sub
ARTICLE v.-All the corporate powers
tbs corporation shall be vested in and
uefcised by q Board of Directors to be
cenpesed Of three stockholders, a ma
jsity Of whom shall constitute quo
nm for the transaction of business.
ne Board Of Directors shall be elected
11noaiiy on the Tuesday after the first
Monday In January In each year at
netting Of the stockholders held on that
~. All elections shall be by ballot and
meA stockholder shall be entitled to one
sees for each share of stock standing in
~ name on the books of the corporation,
Tie vote to be cast In person, or by writ
~ proxy. Failure to select the Board
Reg ,cs az herein shall mot mot
ne old Board of Directors shall remain
+ sffice until their successors are duly
elcted and qualified. Any Director who
rot able to attend any meeting of the
Bard has the right to appoint. in writing,
ene(her member of the Board to act as
" proxy.
ne officers of this corporation shall
President Secretary and n Treas
uef' with the right to have one or more
zcpting that Of President, may be COM
Md; the Secretary need not be a stock
1eleef Of the corporation,
ne first Board Of Directors to serve
es9l the Tuesday after the first Monday
January, 1921. or until their successors
~ duly elected and qualified, shall con-
- u Sidney tombstone White, residing
f ". 4 Richmond Place. New Orleans
n41siAna; William Philip Richardson, re-
s t Z s ssa c cee w StFsst s MsS Oar
.
M0ng at No. 1913 Broadway STREET, New
y,nnA La; Of which Sidney tombstone
x1m shall be President, William Philip
x1afoson shall be Secretary and Treas
- may BE- fiisd BY S the the D rsmai nj 81
n g said Board from among the
- Beard Of Directors shall have the
49, and authority, by proper resolu-
0 sell, ALLEVIATE, lease, dispose OF.
Icy, hypothecate and pledge any
- property owned by the corpora
either In whole or in part, upon
-. @rms and conditions as in its judg-
~ ~ Dc deemed proper; to purchase,
ana otherwise acquire any property
ne corporation. either for cash or
terms; to make loans, borrow money.
seles and other obligations the same
manner permitted by law; in fact
d' y ass i Ns sss al ~ ,s ss.
eLlCLn V.-This act Of incorpora-
1ay be amended, altered, and modi-
~ ue corporation dissolved at any
complying with the provisions
sAIIcLE yII-At the expiration of
~ Snauef, or the earlier dissolution Of
~ .perafion, Its affairs shall be IL
e9 ~ two commissioners to be
~ ~ the stockholders. in accordance
~, and said commissioners are
xy vested with full power and au-
SrSe-x " ell any and all assets and
~ ~. real personal and mixed. Of
S~sSssp efa.iou. and to convey fun and
S~ utie thereto. and to do and
sss-, ~. every and any act or acts |
4 ~ ~ q z fuil and complete liquidation |
,es ~iporstion, and to distribute the |
kS1S my In the event of the |
"a inability or resignation of either |
G5Ss commissioners the survivor shall |
| - ~ - act and be likewise invested |
15$s.cys1 ne powers herein mentioned.
G5Sp>5Sss Sll-The appearers have |