The herald., 1920-02-19
CHARTERS.
QUARTER OF THE CARONDELET
BUILDING, INC

BUILDING Inv
limited states of America, State Of Louis
lana, Parish of Orleans, CITY OF w Wv. Snd
leans Re IL known, that on this, the znu
Sax Of the month OF January, In the year ear
Of our Lord, one thousand, nine iaa ~
ond twenty. and of the independents VI
the United States OF Aih ha,ors me Raw
hundred and f0rty-fourth, pehore me, en-
lend " Saal. a notary public duIy cum
missioped and quailned, WITHIN anu
tbe Parish of Orleans, state OF Lou hare'
and in the presence OF .nS personally
came and appeared the seyerai PEI SUE
whose names are hereunto .hcnus,aiyes
seyerally declared that, avalnhg sh EN- Con.
OF tne ~ the State of Louisiana anu
% M laws of said state relative 70 tne
organization of corporations, anu as7 Of
larry Of the provisions amhlS % Of A the State of
on,sians for the year 1914, anu IA
amendments thereto, they nave Son I'D 40
and agreed and united TO FORM ane and
py shese, Pnhiigate themselves to form, o.
JIM md constitute themselves, as WI WI
e. ali such other persons wh9 m ;,I them
after ioin or become associaeeu cornora-
or tnelI hodv nolitic in law, for the oo-
ZION an ud nnrposes and under the con
yyitions covenants, stipulatlohs anu
ments OF the articles tolowhk'
ARTICLE The name and tue Oh ms
CORPORATION shall be "CaronuNeae name I'M
inc and under and by sa iu with
i'' saoner dissolved in accoruanSe 80
law and this charter, II snah nia% cor
Continue. and shall have anu Tor
D-a,a existence and SUCCESSIVE "a
poratS g ninatyenine 1927 years from anu
d. the date of this act. IL may &C
hnId receive, borrow, loan, eHana devise
auire by grant, gift or PISasa Of con-
hocn.st sell ALLEVIATE, dispose Va, -
or DequesH ngedge pawn, hypothecate en-
N',gy,hsr or mortgage property Oh a any
whether real, personal or HiAeu, Sohte ali
or incorporeal, moyapie y, az NAV be pre-
us;,,ad nv law Ii may MAKE lSsue Cd
endorse bonds or notes anu otn
dsnces of debt. 1t may accept m FOR
niadges or other forms Oh u,ay CON
Pieus leaned or other debts. IL may W ~.
,.ect sne and be sued, plead OF pe ,nnrt
nleaded by its corporate hahe IN make
Of competent jurisdiction; ss.i and alter
oaont and use a corporate scar any NAV
Ppreak the same ut pleasure. ~ Ia" a.
hold stock in other eorporatioHso, canital
canitaI stock may be issue9 ioa nsme
sap ns 81 other corporations. IL may mani AZ
stoch VI ia employ such managers, III
pR,ors officers agents and other enpioyc es
% IFS interests, business anu snnnansa-
may require. and may NIX t ,n the nature,
aon, ,.r and value of their services.
a make and establish bylaws. rul l;s
ang regulations not inconsistent NIL Or
charter or Or amy mnssus a Of It's property.
altering ,Iat,on ana government OF It's
sSfairs- and the manner OF the cerein ma
and registration OF ns s.oe On he wound
W ana dissolyed in the manner prescrivp ~
~ Isw N may conduct business IN sni'
STATE. other states, the fedeIal 20 ths
the Territories ss aad any Foreign country.
~ shall have the power TO thv s. co.'s
Hoard of Directors with all Oh us s.,s 90,
porate powers, subject 70 su har,ar And it
,snsraily shall have and possess al IN, tne
Sewers rights, privileges and lmmuh ILL.,
Which organizations are ana may onsass
aiter Vi hs Constitution and the laws OF
shSs state and particularly unuer Az
No 2s7 OF the Acts Of the Genet sa- me
sembly Of the State OF Louis ta thsreto
year 1914 and the amendments 'heiso
ApTICLE 1.-THE domiciie of this cor
noration shall be the City Oh NeW AZ
gssns Parish of Orleans, State OF Louis
lana and all citations or other Lssa,
process shall be served upon .ne ~ his alb
sapce upon a Vice-President or IN tne
absence of all of these officers, upon Inv
secretary Of this corporation.
ARTICLE II.-The objects ana pur-
rcses for which this corporation Is FORM
spa the nature Of the business to De
carried on by 1t, are hereby declared 70
be. to purchase. equip. operate, main' an
and rent out or sci, the o enS Ts,ondelet
s sess IN the CITY of New Orleans, State
Of Louisiana and to carry on any Stne.
business as an incident thereto, WHEN,
under the law 1t may be entitled TO carry
~ wh,ch NAV seem to the corporation 70
he calcuIated directly or indirectly, "
effect the aforesaid objects ana PURPOSES
or any Of them or to taS,n. ~ its 81" sfore
ala business or any part thereof, ana
Generally TO hold and exercise such Incl
dental powers and privileges ana 70 90
shs ahtects and purposes hereinabove set
= sarth or as may be needful, necessary
nrepep. usefu. or convenient Tor erect.
ing said objects and purposes, OF any Vi
fhem.
ARTICLE Iv.-The capital stock Of this
corporation is hereby liked at and DE-
ciared to be the sum OF one miihos, W.
hundred and sixty-fve thousand aolsrs
Ss0G 9s s SisaSss sR R:9 se d
nreferred stock Of the par value OF one
hundred dollars C$10000) per share ano
one thousand Ave hundred shares OF ao SH%,
xIoo %, per share, which capital stock, both
rrcferred and common shall be'issued only
Tor labor done. or for properly actuanSs
received, or Tor easn 70 &c ana p after sucb
notice as may be determined by the poa 81
Of directors; said capital stock shaa oe
represented by certificates ana sn ALL. u
No transfer Of capital stock shall be pima.
trs upon this corporation unless made In
accordance with its charter ana py-mWs
and recorded on the books thereon.
The preferred stock shall be entitled "a
an annual dividend at the rate OF, ou.
never exceeding, seven per cent UTol pe.
snnum, cumulative from and after the
date Of this charter, R PAYABLE at m.x s1 Ts.
fermine, out Of the net profits Of this cor
poration before any dividend is paid upon
the common stock: should the net proatss
in any year be insufficient to pay said
n,efsrred dividend either in whole or In
part, any unpaid portion thereof shall De.
come Q charge against the net pronts .,
this corporation, and shall be paid IN full
out Of said net profits before any dividends
are paid upon the common stock. Said
nreferred stock shall be subject to call.
redemption and retirement In wheie or In
part on sixty to0( days notice at any time
81 this corporation at $106.00 per share,
b plus accrued and unpaid dividends, II any.
-fhe redemption to be by lot II less than
entire amount Of preferred stock then
standing 10 called for redemption ana
rement.
fbe preferred stock shall have no vot-
ing power whatever and shall never par
ticipats In the proits Of this corporation
beyond It's fixed preferential cumulative
annual dividend Of seven per cent (79b),
but shall be paid In full mp to Its prin-
cipal or par value plus accrued and un-
paid dividends, II any. at the said rate OF
seven per cent (79d) per annum before any
owners Of the common stock in the event
Of any liquidation or dissolution or dis