The herald., 1920-12-23
CHARTER

I .'''h A4ibuNdIN hOllaTS lSl(Hl fsn q ;,;.
| mo shares of 500 each
! No StockhOldCr of this cornorotiop sbor
| ulSp"Nt OF any stock in the ,ornorati.,
TmiiIHout hrst Offering to the other stock
| M"lItFS OF record, In writing his sal,
STOCK at the book value thrrr0f. tLa s'i,
3H"r I" remain open for a period of thirt,
LIS ana the other stockholders TO di
! Nlde the stock so offered on a hast Co..,
m"nSurate with the stock owned in. SIN "i,I
/ III me time of said offer.
All transfers Of shares of the coritor
S,',I OF ms corporation Shah lie mad.
.lu entered on the stock book of The cor
| p"ralon. and no transfers SHAH he H.
any manner binding on This c0ruor.tin,,
unless 50 entered.
ARTICLE N.-An the corporata no,.ars
Oh ms corporation shall be vested In. and
ciA.F'ls"d by. a Board of Directors con.
ga ,NI'"H OF NOT less than three stockholders
majority of whom shall constitute n ouo.
rum Tor the transaction of business.
M"t thclr election. the members of The
thn thu hOard OF Directors shall elect from
Ihtlr own number. annually. President.
a nice President and a Secretary.
he hrSt Board of Directors shall con-
H OF three 81 stockholders and shall
~ composed of James III. Aitkcn Robert
EDWARD Aitken and William Aitkrn: with
Pot nsid James n. Aitken as President
hoh"Tt Edward Aitken as Vice President
ana William Aitken as Secretary. The
post ONCE addresses of the said Directors
T ere rs follows: James II. Aitken. 5I5
TEddT rUa Street. New Orleans; Robert
-Nahhth' pll ' dTOnOetet Street
New Orleans, and William Aitken. iii
Carondelet Street. New Orleans.
InesG Directors and officers shall serve
uhtlI the third Tuesday in January. 1900
or until their successors shall have hon
duIy elected and qualified
me annual meeting of stockholders for
me lection of directors shall be held on
the third Tuesday in January. each wear
unless said day be n legal holiday. and
thEn on the next bank day thereafter.
Inc election OF directors shall be }
nf Nlg
supervision of two commissioners ap-
pointed by the Board OF Directors
Fifteen days notice of such election shall
nave been given previously to each stock
noIasr Dy the secretary. by letter deposited
in the post Office properly addressed 10
each stakeholder. as prescribed by law.
All elections shall be by ballot. A ma
Jorlty or the votes cast shall elect and
one vote shall be allowed for each share
represented by the holder in person or by
proxy.
Any vacancy occurring in said Board
from any cause shall be filled for the un-
eNpireS term by the remaining directors
ARTICLE Win the event of the Houi-
tatiOn or dissolution OF this corporation.
the stockholders shall elect two liqui- |
1atorS from among their number, at a |
meeting convened for that purpose, after |
ten days written notice to each stock |
holder by mail. to his or her last known |
address; said liquidatOrs shall have the |
authority TO wind up the business and af- |
airs of this corporation.
In case OF death of either of said liqui- |
iators, the survivor shall appoint a stock.
holder as successor to him.
ARTICLE ElI.-This act of incorpora-
ion may be modified. changed or
Uttered, or said corporation may be
dissolved, with the assent of stock
folders owning twO-thirds of the el-
ire capital stock, at general meeting OF
he stockholders convened for such pur-
'ose, after ten days written notice shall
o him, at his or her last known address.
ARTICLE VIII.-No subscriber for
took shall ever be held liable for the con-
racts. faults or debts of said corporation
a any further sum than the unpaid bal
nee, If any, due the corporation on the
took to which he has subscribed; nor
hall any stakeholder ever be held liable
Or such contracts, faults or debts in any |
lrther sum than the unpaid balance, i. |
ny. on the stock owned by him; nor sha
ny mere infOrmality in organization hay,
lie effect of rendering this charter nuI
r rendering any subscriber liable beyo'
lie unpaid amount, If any, remaining due
n his stock.
ARTICLE IX.-This corporation is or I
aniZed under the laws of the State of {
ouisiana, and especially Act No. 267 Of !
IA. and all amendments thereto. and the s
disorders hereto. for themselves and for
Ie said corporation, and for its officers |
rectors and stockholders hereby accept /
part of this Charter. and as conditions }
this Incorporation. all the rights, pow ,
=, privileges ana kTdnltu
operations, and granted to, and con 7
rred upon officers. directors and stock :
,lderS of corporations by said laws an, I
' said act, etc; such acceptance being I
full complete and binding as if :
id rights. powers, privileges and i'm i
unities were set forth at full length !
is instrument. :
pital stock of this corporation has been
id for by the transfer to the corpora
IN of the real property described in y
he'd "Ne varietur" by the undersigned !
Dtary for Identification herewith, and as
III appear by reference to the act of sale, ~
nyeying and transferring said real prop !
~ to the corporation passed before me =
Each subscriber hereto sets after his n
me. his post Office address and state $
mt of the number of shares of the CAPT n
stock which he subscribes. u
Thus done and passed. in my office. " b
; city of New Orleans. aforesaid. the
V. month and year herein first above r.
itten. in the presence Of Emma CornaN II
i John Young. witnesses of lawful age d
,iding in this city, who hereuntO sign fl
,ir names together with the said az "a
arers and me, Notary. after due readin v
ORIGINAL Or SIGNED: la
James II. Aitken. 515 Carondelet St, 21S
res: Robt. f. Aitken. 5l5 Carondelet of
mble. 1908 Prytania St. shares; Mrs. re
n Morris Aitken Reno, 1908 Prytania ST.. eli
shares; VIM. Aitken. 515 Carondelet, ia
res. el,
Bus. ROUEN. go
Notary Public. m,
the undersigned. Recorder of Mort Y,
res in and for the parish of Orleans ra
re- of Louisiana. do hereby certify tha' 10,
above and foregoing Act Of Incorpora- ~
, of the Aitken Realty Co, Inc. was ~
; dav duly recorded in my office in a.
X 1912; folio 7s1. New Orleans No tn tn
sIGNED) EMILE ]. LEONARD: col col
Bussiere Rouen. a Notary Public for ia
Parish OF Orleans. in the State of al,
isiana, do hereby certify the abov an on,
foregoing to be true copy of the s soI
,inal Act of Incorporation of the Ait. IoI
Realty Company, Incorporated, and sto
the certificate of recordation thereof on
the Recorder of Mortgages for the TIT
ish of Orleans: the whole extant in !
Current Notarial Register; lea
faith whereof, / grant these presents eie.
or my signature and Impress Of my pol
of Office. 49,. AT
}. 1920. mrs po,-rx DAY
pnh