The herald., 1920-11-25
OF THE STANDARD HOUs'
ING INVESTMENT AssOCIA-
TION. INCORPORATED.


United States of America, State OF Lou
jsiana, Parish of Orleans, City OF New UT
leans BE it known, That on TINS -oln
day of the month of October, In the year
of our Lord, one thousand, nine hundred
and twenty and of the Independence OF
the United States of America, the one
hundred and forty fifth, before me-, SoI;
Weiss, Notary Public; duly coIiiI , Sity
and qualified in and for the above city;
Parish and State. therein residing anu
in the presence of the witnesses herein-
after named and undersigned, personally
came and appeared the seNerai persons
whose names are hereuntO subscribed. VINO
declared that they are Of full age OF ma
| jority and availing themselves OF the laws
of the state of Louisiana, relative TO the
organization of corporations, in such cases
made and provided, they constitute them
| selves their associates, successors, anu as
signs, corporation under the SUI m thnis
herein set forth, which they auoPt as 'HeIi
| charter, to-wit:
| ton shall be The Standard Housing a
| Investment Association, Incorporated.
| ARTICLE 1.-THE objects and purposes
Of this corporation are hereby declared
| To buy, own, build. sell, exchange, lease.
mortgage, hypothecate, improve OF oiner
for the purpose of owning or erecths
| thereupon, and leasing, selling, or other-
wise disposing of, apartment buildings;
| apartments, flats, duplexes, resluehllal anu
| business properties:
Also to buy, sell, handle and deal in
| lumber and building materials, either Tor
| the use of this corporation In connection
its ana q its OSn account
TO contract for the purchase and sale OF
/ plumbing. electrical and any other sup,
plies appliances or apparatus connected
with the building trades, and TO install OF
contract for the installation OF same, either
| m its own properties or in properties
other than its own; to handle sales and
leases of real estate, improved or unlm
proved and to act as agent with refer
ence thereuntO; and to place, as prihclpa
| or as agent, policies of insurance. or ever!
character or description, related i 10 .d'
ing only such as relates to property, Dulld
ing construction and the like;
And generally to do any and all thing
deemed necessary and advisable In con
2 nection with the purposes above statet
. and deemed essential to their effectual ex
ecution and also to do and perform an!
and all things related OF g german, 10 Tn
ARTICLE III.-This corporation shal
= have and enjoy all powers and privilege
granted corporations under the laws
. ARTICLE Iv.-The capital stock Of thi
' corporation is hereby fixed at one hundre'
thousand dollars (S100, 0O0.O0), divided Int
: hundred dollars (s1OOo0) per share. Al
i of said stock shall be common stock.
The capital stock of this corporatio
may be s o to two Gg9dfeG thI t
e thousand shares of par value of on
: hundred dollars ($lO0.O0) per share. Thi
corporation may do business when seventy
FIVE thousand dollars ($75,OO0O0) of II
L capital stock (seven hundred and fit
shares), shall have been subscribed an
!, paid for.
8 The capital stock of this corporatio
+. may be increased to the extent provide
v above or any part thereof, by issuance 9
n either common or preferred stock, in sue
[. proportions as may, be decided by TIL
Q corporation under the provisions Of thi
= charter and according to law.
;. ARTICLE V.-The domicile Of this cor
e poration shall be in the city of New Or
h leans.
o ARTICLE vI-This corporation sha
n exist and have succession for a period {
e ninety-nine years.
y ARTICLE VII.-Service of process sha
n be made upon the President of this CO.
l. pOration and in his absence, upon an
e other officer, and otherwise according
J. law.
i. ARTICLE vIII.-The affairs of this col
V poration shall be administered by a Boar
; of Directors consisting of not less tina
r three nor more than seven stockholder
l. elected annually on the third Monday
v January of every year beginning in 1872
,r Directors and officers shall hold Office III
N til their successors shall have been eIecte
" shall be Immediately filled at a speci
meeting of stockholders held after fiftee
,e days written notice. Officers shall
N their number within thirty days aft
=. their election. The officers shall consi
20 of President, Vice President, Treasur,
10 and Secretary.
ARTICLE IX.-The President of tn
- corporation shall have authority, witho,
No further authorization or resolution, to sis
4. on behalf of this corporation; all note
rs checks. drafts, contracts bids. acceptanc,
10 OF bids, acceptances Of contracts, lease
n sales, acts Of purchase or acquisitio
10 bonds or applications for bonds, NOR
20 cages or mortgage notes; appertaining I
m affecting or relating to any Of the pro
20 erty OF this corporation or in which tn
~ corporation may have an interest DR.
~ prietary or otherwise; and to sign, iss,
= or execute any other documents. fnclu,
: ing judicial pleadings, which, in his jud
!. ment, the interest of the corporation ms
The President shall have full charge Ar
=, control Of the policies Of the corporate
=. and shall have the authority to engap
y hire and dismiss all agents and employey
&c OF the corporation; and, in general, shs
Is nave power to do any and all thin,
. deemed by him necessary for the full a
p complishment Of the foregoing authori
1I and the purposes of this Corporation.
"a ARTICLE X.-The following shall co
y sttute the first Board of Directors al
oi | omcers OF this corporation, to serve uni
le the. first meeting of stockholders in 49,
J. as herein fixed. or until their successo