The herald., 1920-12-30
CHARTER OF yEsOUL REALTY & IN
yESTMENT CO., INC.

United States of America, State Of Lou
iSiana, Parish of Orleans, City of New Or
leans. BE it known, That on this eight
day of the month of December, in the yeal
one thousand nine hundred and tweaty
before me. Scott T. Beer. Notary Public
duly commissioned and qualified in and
for the above parish, therein residing, and
in Nthe presence of the witnesses herein
after named and undersigned, personally
came and appeared, the several persons
whose names are herets~subscribed. who
severally declared that availing them
selves of the laws of this State, relative
to Thea organization of corporations. In
such cases made and provided, they dc
hereby constitute themselves, their asso-
ciateS. successors and assigns, corpora
ton for the objects and purposes and un
der the conditions and stipulatiOns of the
following articles which they hereby adopt
as their charter, tO-wit:
ARTICLE Ii. The name and title OF
said corporation shall be VesOul Realty \
Investment Co., Inc, and its period OF
duration shall be ninety nine years from
sthis date.
2 Said corporation shall have for the
purposes of the business to be carried on
by ii al the powers conferred by law upon
corporations, and shall generally exercise
all the powers necessary TO carry on said
business. Said corporation shall have full
power to contract. sue and be sued in its
corporate name; to make and use cor
POrate seal, and the same to break or alter
at pleasure; to hold, to- receive, purchase
rent or otherwise acquire, and to convey
mortgage, hypOthecate, lease, pledge. sell
or observation-disclosures of property, real. per
sonal and mixed; to issue bonds, notes or
other obligations;s to name and employ
such managers, directors. officers, agents
and other employees as the interest and
convenience of the corporation may re
quire, and to make and establish such by
laws, rules and regulations for the man
ag, mont and control of the business and
affairs of the corporation as the managers
and directors of the corporation may deem
proper.
ARTICLE Ill. The domicile of the
corporation shall be in the City of New
Orleans, Parish of Orleans, State of Lou
isiana.
. All citation and other legal process
shall be served on the President. or. in
case of his absence or-disability, upon thu
Secretary-Treasurer.
ARTICLE I'LL. The objects and pur
poses for which this composition is organ
lied an dthe nature of the business to be
carried on by IL are hereby declared TO
be: To purchase and otherwise acquire
and hold and own. lease, sell. or OtherwlS'
dispose of. and to handle, promote an'
develop real estate and other property
this city or elsewhere: to purchase and
sell or otherwise acquire or dispose Of. and
generally hold, engage and deal in bonds,
stocks. notes and other securities or other
evidence of indebtedness of every charac-
ter and description, and generally tto do
aud perform any and all things connected
with the aforesaid purpose or necessary
and incidental thereto.
ARTICLE W.. The capital stock of
said corporation is hereby fixed at three
hundred thousand $500. O0OOO) dollars,
consisting of three thousand $1,000 shares
of the par value of one hundred (S1OO.OO)
dollars per share.
. One-half of said capital stock shall
be subscribed at the signing of these ar
ticles of incorporation. and one-half Of
said stock so subscribed shall be paid in,
in cash, before said corporation engages in
business.