The herald. [volume] (New Orleans, La.) 1905-1953, 1921-01-13
CHARTER OF vEsOUL REALTY & IN
yEsTMENT CO., INC.

United States of America, State of Lou
isiana Parish of Orleans, City OF New Or
leans. Be 1t known, That on this eighth
day of the month of December, In the year
one thousand nine hundred and twenty,
before me- Scott f. Beer, Notary Public,
duly commissioned and qualified In and
for the above parish, therein residing, ana
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared, the several persons
whose names are hereto subscribed, VINO
seyerally declared that availing them
selves Of the laws of this State, relative
to the organization of corporations, IN
such cases made and provided. they 90
hereby constitute themselves, their asso-
ciates, successors and assigns, corpora
ton for the objects and purposes ana uh-
der the conditions and stipulations or the
following articles which they hereby ADOPT
as their charter, to-wft:
ARTICLE Il. The name and title Of
said corporation shall be yesoul Realty a
Investment Co., Inc, and Its period OF
duration shall be ninety-nine years from
this date.
2. Said corporation shall have for the
purposes Of the business to be carried on
by it al the powers conferred by law upon upon
corporations, and shall generally exercise
all the powers necessary to carry on salu
business. Said corporation shall have 1uil
power to contract, sue and be sued In lts
corporate name; to make and use cor
III.
at pleasure; to hold. to receive, purchase
rent or otherwise acquire, and to convey
mortgage, hypothecate, lease, pledge, sell
or otherwise dispose of property, real, per
sonal and mixed; to issue bonds, notes OF
other obligations; to name and employ
such managers, directors, officers, agents
and other employees as the interest ano
convenience of the corporation may re-
| quire, and to make and estabnsh sucn oy
laws. rules and regulations for the man
agement and control of the business aho
affairs of the corporation as the managers
and directors of the corporation may deem
proper.
ARTICLE I-E The domicile OF the
corporation shall be in the City OF New
| Orleans, Parish of Orleans, State OF Lou
| isiana.
9 All citation and other legal process
shall be served on the President. or, IL
case of his absence or disability, upon 'h'
| Secretary Treasurer.
ARTICLE I'LL. The objects and pur
| poses for which this corporation Is organ
| lied an dthe nature Of the business TO o.
| carried on by II are hereby declared 70
| he: To purchase and otherwise acqulr
| and hold and own, lease, sell, or otherwis'
| dispose of, and to handle, promote am
| develop real estate and other property J.
/ this city or elsewhere; TO purchase AM
sell or otherwise acquire or dispose OF, am
Egenerally hold, engage and deal In bonds
| stocks, notes and other securities or otne
| evidence of Indebtedness of every cnarac
| ter and description, and generally to d.
and perform any and all things connecte'
with the aforesaid purpose or necessar'
and incidental thereto.
| ARTICLE W.. The capital stock o
said corporation is hereby fixed at thre
| hundred thousand $300,OOO.OOl dollars
consisting of three thousand $1,000 share
of the par value of one hundred $4,000
dollars per share.
2. One-half of said capital stock sha
be subscribed at the signing of these al
!. ticles Of incorporation, and one-half
. said stock so subscribed shall be paid II
: in cash, before said corporation engages
business.