The herald., 1920-12-02
CHARTER.
herein set forth, which they adopt as their
n n

herein SCI loItn' "Hl'n INV
mart; ~" Tho ,,,,,,, of this corpora
ion MN br The standard Housing y
non $50, ,.nri,,i.r Ir,orporatrd
III, ISI TIET T. ~ Tn nhinrrs and purpose
An u -. ,. 80. ,r,. hereby declared
w
10 BUY own, Iu,ii, sen. iI,,,roy. or Other
NOR 49, ~ l,.',,,,.,i ~ ,-,u.rfv .-ur,iallf
~ ,,urI,-. of owning or erecting
tHHl N.Y. ,i,d I..siu., selling or other
l''''" ;, ~, ,I,.rtuI,r,r building
.,,r,,,',,,,t a.. durL.>rs. residential and
~ i ,,'.' ID ,ro,,rri,.
81 90 my Ill handle and deal in
l,-,,L,r Ind LuilJin-. materials. either for
W., - I,.;r... arr nm a uurrIy MGR
~ r.a,,,..r md for IFS own account
-, ,,rtr.,r for fhr f,urrlas. and sal, o..
Ir,,I-T'- .I.'rri,aI and any other sup
i,. ..rr,lfar.,.~ or gruArafuS connected
MI,n '',' ,nr 'n, i,s,jrf,n of same either
IN - ,,,u rrnu,rfi.~ or in properties
m tb.,u If, .v.u. TO handle sales and
~ ~ -..I .-f.,f. irrrroy,d or uuim.
-r,rJ and Ia .,f MS agent with refer
a,,,. th.r.rufu. and To- place. as principal
or a~ agent. policies of Insurance. ct "'.rN
L.r,,t.r ar I,s,riuriuu. related tu 3D..
rgruo>r~ of this corporation. hur iurlud
ir.- 'ouIy such as relates to property. build
luz t,'- " 'n,ISs,rn,fi"n and the Ike.
And generally 10 do any and all thing
u ,, ,'i,L tn, rurro.,S ahoy. stated
',.f s,..ru.a essential 10 their cii.,fual 'N
,..,ttf.r and also to do and perform AMY
and all things related or grrmaur 20 the
uLf,..r~ and purposes just expressed.
',I.rI,.fI. iii This corporation shall
have and enjoy all powers aud privileges
Granted CORPORATIONS under the laws OF
I rut-frr.
AETICIE ~ Tn. cipitaI stock Of thi-
..rr,nr..ffnu is hereby fixed no one huutrr,
rI,I.aud dollars tNIOu 900 UUI. divided into
an. rInu~Ird shares of ~ par yalu, of one
.4t. Do.
of >Iid stock shall hr common stock.
The rapital stock Of this corporation
may be- increased TO two hundred thou~.
..,,J J.II4rs 5000 OnO uOI divided into tw.
hundred dollars $500 uuI Der share. This
,orpnrariou NAV do business when seventy
nv Thousand dollars 49,. OpOuOt of it,
,.,,,it.I .tnrL t,.yru hundred and MI,
shares shall have been subscribed and
rDid for
The cauitaI stock of this corporation
may Toe Increased to the extent provided
above or any part thereof. 10y issuance Of
either common or preferred stock. i'm such
proportiou> ~ may he decided by this
rorporgtion under IN. provisions of this
charter and according 10 law
ARTICLE V-The domirile Of this cor
rrroti,u shall be in TN. city Of New or
leans
ARTICLE VI-ThiS corporation shall
exist and have succession for a period of
niurtv-niu" years.
NRTICI e Service Of process shall
he made nnon the President of this cor
porgtion ana i'm his absence. upon any
other officer and otherwise according 10
law.
ARTICLE VIII-The affairs Of this cor
poration shall be administered by a Board
- Dir,rtnrs rnnSistiu., of nor less than
tEra. nor more than seven stockholders
elected annually on the third Monday in
Japuary of every wear beginning i'm 1912
Directors and officers shall hold Office un-
fiI their successors shall have been elected
and qualified Vacancies on the Board
shall he Immediately filled at a special
meeting Of stockholders held after fifteen
elected annually by the Board from among
th.ir number within thirty DAYS after
their election. The officers shall consist
of a President Vice President, Treasurer
and Secretary
ARTICLE IX-The President Of this
corporariOu shall have authority without
further authorization or resolution. to sign
on behalf of this corporation: all notes
of bids. acceptaucps of contracts. leases.
sales acts of purchg<a or ACQUISITION
bonds or appIicatious for bonds NOR.
cages or mortgage notes. appertaining 10
n Iectiu. or relating to anv of tn. ur.
crty of this corporation or in which this
NAV have an Interest. pro
prirtarv or othGrwiSe: and 10 sign. issue
or execute anv other documents incIud-
ing judicial pieodings. which. i'm his inds.
mpuf tho interest of the corDorariou may
require
The President shall have fun charge and
control of the policies of the corporatiou.
and shall have the authority to engage.
hire and dismiss all agents and EMPLOYEES
of the CORPORATION: ami. in general Shat
have power to do any ana all thing.
deemed by him necessary for the frU lr-
Of the foregoing authorit,
and the purposes of this c0rporatfon.
ARTICLE N-The following shall con
Stitute the first Board of Directors and
officers of this corporation. to serve until
the first meeting of stockholders in 1000
as herein fixed. or until their successors
are elected and qualified NJ John San
IA >San. President John Sauga>San. Vice
President and Treasurer: NJ Geo. DeI.ucnS.
Secretary.
ARTICLE NI-The subscribers to the.
capital stock of this corporation have herr
unto signed their names and addresses
and the number of shares subscribed for
bv each and il is declared that Am 81.
have been fully paid for.
ARTICLE NII.-No stock of this cor
poration shall iSSu. eNcrpt in consid,r1-
ton of cash or property adapted to the
uses of this corporation or valuable srrv-
ices actually rendered To il. ANY prop
erty transferred to this corporation in con
Sidrration for its stock is inventorird and
appraised on the exhibit attached hereto.
according to law