The herald., 1921-12-15
CHARTER.
CHARTER OF THE SONG REALTY
COMPANY INC


United States OF America, State of Lou
isiana, Parish of Orleans, City of New
orleans, BE 1t known, that on this 9TH
| day OF the month of December, in the
| year Of our Lord one thousapd nine hun
| dred and twenty one before me, John j.
Reilley, Notary Public, in and for the
Parish of Orleans, State Of Louisiana,
| duly commissioned and qualified and in
| the presence of the witnesses herein
after named and undersigned, personally
came and appeared, the several persons
whose names are hereunto subscribed,
who declaring that desiring to form a
corporation under the laws of the State
OF Louisiana, and particularly Act 267 of
1914. they have covenanted, agreed and
bound themselves and such other persons
as may hereafter join with them and
their successors to form a corporation
under the following terms, conditions and
stipulations, which the said appearers
hereby adopt as their charter. to-wit:
ARTICLE THE name of this corpora
ton shall be Song Realty Company, Inc.
and under such name it shall have power
and authority to contract, sue and be
sued. to have corporate seal, to hold.
receive, purchase, ALLEVIATE. sell, mortgage,
pledge, hypothecate property. real, per-
sonal or mixed, to make and issue bonds.
to borrow and lend money, and to give
the necessary security therefor; to make
and establish bylaws, rules and regula-
tons for the management of its affairs
as may be deemed necessary and proper
and generally shall have and possess ali
the powers, rights. privileges and irnmuni.
ties which corporations are and NAV here
after be authorized to possess under the
constitution and laws of this State. and
particularly Act 267 of 1914; 1t shall have
power to vest in its Board of Directors
all Of Its corporate powers, subject only
to such restrictions as may be named in
this charter.
ARTICLE II-This corporation. unless
sooner dissolved, shall exist and continue
Tor period Of ninety nine years from
and after the date hereof Its domicile
shall be In the City Of New Orleans, where
all citations or other legal process shall
De. served upon the President, or in his
absence on the Secretary Of the company.
ARTICLE II-The objects and pur-
poses for which this corporation Is organ.
Yea, and the business to be carried on by
1t. are hereby declared to be: To do a oen.
eral realty business in all of its BRANCHES
including the purchasing and selling of
property, real, personal and mixed. TO
own real estate. to rent. lease, manage
and hypothecate same, with full power To
40 ana perform all acts in connection
herewith and germane thereto.
ARTICLE Iv-The capital stock of this
corporation is hereby fixed at Ten Thou
sand Dollars, divided into one hundred
shares, at the par value of One Hundred
Dollars each. and all of said stock is to
De common stock; said stock to be paid
for In cash or labor done or property
actually received. This corporation shall
have the right to commence business when.
nfty per cent Of Its capital stock shall
nave been subscribed, and the right is
reserved to increase the amount of its
capitaI STOCK mp to the sum Of Twenty
five Thousand Dollars. All transfers Of
stock shall be made on the books Of the
company on the surrender Of the out
standing certificates and pursuant to such