The herald., 1920-12-02
CHARTER OF AITKEN REAlTl GUM
PANY, INCORPORATED.

United States Of America. state OF Lou /
i~inna. Parish of Orleans 'ltN OF Nv ~
leans Hr il known, That oil TINS daS' Ih' 4
tenth of the month of November: III ln'
wear of our Lord. one thousand nlnr nun
bred and twenty. and ot me lnu'',hnt 'nr.
hundred and forty fifth. before me hH>
.iprp ROuen. Notary Pubic IN anu lor
thr Parish of orleans. state Of Louisiana I
duly commissioned. sworn and dualihrd.
and In the presence of the witnesses hrI'
matter named and undersigned. prrsohaiN
came and appeared the several p'i S"i II
whose names are hcrruntO Nun>'rip'u' ~
nf tho full age of majority. who declared.
that. availing themselves OF the law ot
this state. relative to the orEanlHa.ttoH m "j
CORPORATIONS they have cONenahtru anu
agreed and do. by these presents 'oNrhah'
and agree to form, and constitute 'h'u-
selves. as well as such persons as ,b m,nS
hereafter become associated with the.l
into "A corporation and body pOllll' III
law. with such objects and purposes =,
under the articles, agreements anu sun
Iations which are hereinafter stated. VIZ
ARTICLE 1.-The name, style and til
~ This CORPORATION shall be "Aitken Realty
! Company Incorporated" and. under tha'
name il shall have and enjoy all me
rights. advantages and privileges RAM. ECU
/ by law to corporations. and shall exist i"r
| the full term and period or hlhtiS MN
! years from the date hereof II shall nav
| mower TO contract, sue and he sued I"
make and use n corporate seal and th'
| same to alter or break at pleasure. To no.
| receive lease, purchase, sell ana convey
| "a al
| pledge property. both real and personal
| mixed corporeal and incorpOreal: 10 name
| and appoint such managers. directors on
Gers. agents and other I'm PIoar'> -onrir.
and TO make and establish. ~ well aS hlf"
and amend, from time to time surh
laws rules and regulations aS may h'
necessary and eXpedient for the prom
I management and government OF the Ut
fairs of the said corporation.
ARTICLE 1.-THE domicile Of this cor
pOratiOn Is hereby fixed in the city or New
Orleans state of Louisiana, and all eta,
tions or other legal process shall he served
upon the President of the SAID 'orpora,lon
, or in his absence upon the Vice President
: or upon the absence Of both on 'he S''I'
{ tary.
ARTICLE III-The articles. objects anC
10 purDospS of this corporation. and the ma
: ture of the business to he carried on by II
Il are hereby declared to be:
r To buy sell. receive hold. rent. hNpo
i thpcata. lease suitcase. mortgage or other
z wise cucumber. ALLEVIATE. as well as TO dea
;. in. improve. develop. snhdivide real "Stat
. of all kinds or description: with the ri-h
q and power to do any and all thing o
a things necessary or connected with. or L
# any manner Incidental or complementar
:. to the objects and purposes herein 80
/ forth and expressed.
70 ARTICLE IV.-The capital stock Of thi
pt corporation is hereby fixed AZ the sum q
ID twenty five Thousand dollars S2J.OOOOOD. 7
RS he divided into. and represented by Nv
no hundred and fiftv l25OD shares Of one hun
ne dred $4,000 each. payable in cash or II
h." equivalent.
it. The capitaI stock of this cOrporatio
be- may be increased to the sum Of one hui
of drcd thousand dollars tSlO0.eM.OO). divide
nd into shares Of 500 each.
al No stakeholder of this corporation sha
o. dispose of any stock in the cOrpOratio
ny without first Offering to the other stool
id holders Of record. in writing: his sal
er stock at the book value thereof: the Sat
offer to remain omen for neriod of thir,
re DAYS: and the other stockholders to d
nd vide the stock so offered on basis con
M, menSurate with the stock owned by thrI
M, mt the time of said offer.
~ -" All transfers Of shares Of the can't
,is stock Of this corporation shall he me-
by and entered on the stock book Of thS g"
~ | nOratiOn and no transfers shall W"
Nv, ~ anv manner binding on this corporate
,o unless so entered.
'a- ARTICLE V.-AH the corporate powe
~ of this corporation shall be vested in, NJ
of exercised by. Board OF Directors. 90
m, siSting of not less than three stakeholder
ID and not more than five stockholders,
M majority of whom shall constitute gu
IA, rum for the transaction of business.
q; After their election. the members of I
81 said Board of Directors shall elect fro
- their own number. annually. PreSideI
..un a Vice President and q Secretary.
lth The first Board of Directors shall 60
~, AZ siSt of three GU stockholders and shi
ini be composed of James II. Aitkcn. Rob,
lrd Edward Aiken and William Aitken: wi
re the said James II. Aitken as Preside
zen Robert Edward Aitken as Vice Preside
W
lal post office addresses of the said Dirccto
tt. are as follows: James III. Aitken. !
TO CarOndclet Street New Orleans; Robe
IN Edward Aiken. 5lJ Carondelct Sire
his New Orleans. and William Aitken,
ok Carondelct Street. New Orleans.
or These Directors and officers shall ser
En- until the tSird Tuesday in January. ~
ote or until their successors shall have hr
cc- duly elected and qualified.
nd The annual meeting of stockholders
me the election of directors shall he held
'he the third Tuesday in January. each We
ice unless said day he n legal holiday. =
ave then on the next bank day thereafter
to The election Of directors shall b" y
ers in the Office Of the corporation. under
not supervision of two commissioners
or pointed by the Board of Directo
nCy Fifteen days notice of such election sh
nay have been given previously to each StO'
'N- holder by the secretary, by letter deposit
in the post office properly addressed
of each stakeholder. as prescribed by law
led, MI elections shall be by ballot. \
on iority of the votes cast shall elect. q
NJ one vote shall he allowed for each Sh
iOr represented by the holder in person or
nay proxy.
nro Any vacancy occurring in said Boz
ave from any cause shall be filled for the
ere expired term BY the remaining director
cap Il ARTICLE Win the event of the lilo
any dation or dissolution of this corporate
the the stockholders shall elect two Ito