The herald. [volume] (New Orleans, La.) 1905-1953, 1921-12-29
CHARTER OF THE SONG REALTY
COMPANY. INC.

! United States of America. Stale oil Lou
| i>iaua. Parish of Orleans, city of New
! Orleans, BE it known, that on this 'th
| day of the month of December. IN the
J year of our Lord one thousand, nine hun
/ dred and twenty one, before Inr, iona j.
| Reillrv "A Notary Public, in and for the
| Parish of Orleans state Of LouiSidhi'
| 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 hrreunto subscribed
/ who declaring that desiring TO form
CORPORATION under the laws of the state
of Louisiana. and particularly Act 26i oil
1914. they have cOvcnanted, agreed ana
bound themselves and such other persons
as may hereafter join with them ana
| their successors TO form corporation
under the following terms conditions ana
lStipuIatiunS which the said appcal'rN
hereby adopt as their charter. to-wtt;
| ARTICLE The name of this corpora
ton shall be Song Realty Company, lhc
land under such name il shall nave power
and authority to contract, sue and be
| sued, to have a corporate seal - h"ld.
receive. purchase, ALLEVIATE, sell, mortgage
pledge, hypOthecate property, real per
| Soual or mixed to make and issue bonds,
to borrow and lend money and to give
the necessary security therefor; 10 make
and establish bylaws, rules ana rcSuIa
| tons for the management of its aHhlrS
as may be deemed necessary ana proper.
lanu generally Slldll nave dhi i'H7'TT -
the powers, rights privileges and irlmunl-
ties which corporations are and NAV here
after be authorized to possess under the
constitution and laws of this state ana
. particularly Act 267 of 1914; il shall nave
mower to vest in its Board of Directors
an of its corporate powers. subject only
T to such restrictions as may be named III
! | this charter.
3 ARTICLE U-Tms corporation, unless
/ sooner dissolved. shall exist and continue
= for a period of ninety-nine years IRON
, and after the date hereof. Its dOmlcl'
: shall no i'm the CITY of New Orleans, wher,
= all citations or other legal process Shal
be served upon the President or in M
$ absence on the Secretary of the company
T ARTICLE UI-The objects and pur
poses for which this corporation Is organ
= lied and the business to he carried on u!
Z II are hereby declared to be: To do gen
!, eraI realty business in all of its branches
: including the purchasing and SellnS o
r property. real personal and mixed
q own real estate, to rent. lease mahaS
and hypothecate same, with full power 4
l. do and perform all acts in connection
I. Herewith and germanc thereto.
n ARTICLE IV-The capital stock of thu
L IcorpOration is hereby fixed at Ten Thoh
II sand Dollars, divided into one hundre
= | shares at the par value of One Hundrc
y. Dollars each. and all of said stock Is I
~ he common stock; said stock to he pan
o for i'm cash or labor done or propcrt
10 actually received. This corporation shd
ID have the right to commence business wh'
OF fifty per cent of its capltal STOCK Sha
N have been subscribed. and the right
ir reserved to increase the amount Of II
d. CAPITAL stock up to the sum OF twenty
in five Thousand Dollars. All transfers
tn stock shall be made on the hooks 6t ~
&c company on the surrender of the on
II standing certificates and pursuant TO sue
IL rules as the Board of Directors may pr
IN | scribe.
ne ARTICLE V-The business of this 60
- poration shall be managed and all OF q
n corporate powers shall be vested IN
hy Board of three Directors, two OF VINO
or shall constitute a quorum for the transa
- tion of business to he elected from amor
its stockholders at meeting called II
that purpose. The Board of Directors sha
elect from among their number Tres
dent a Vice-President and Secretar.
Treasurer, the Office of Secretary lrea
t. lurer being combined. The Board OF II
u.s. rectors shall have full and complete col
at troll of the business affairs ana proper
ia of this corporation, and they shall ma
ly age conduct and use the same as IN the
Ito discretion they may deem best Wi
pOwer to appoint all agents, clerks an
employees and to fix their compensate
uee Any vacancy occurring on the Board
1l Directors shall be filled by the remalnli
u | members of the Board for the uneXplr'
,is | term.
rectors of this corporation is hereby hN'
at three in number and shall be compos'
Of John J. Long, George }: Long al
Matthew J. Long, Jr., all of New Orlean
. with the following officers, John
III Long. President; George ]. Long VIC
III President and Matthew ]. Long, Jr.. Sc
retary and Treasurer which said Boa
shall serve until the first meeting OF q
of stockholders for the election of Director
II | or until their successors are elected.
no the second Monday in December, l9Z
uI and annually thereafter. All election
nd shall be by ballOt and each share OF sto'
d. | shall be entitled to one vote, wheth
he cast in person or by proxy.
re ARTICLE VII-This charter may
nv changed, altered or amended, ana u
ID corporation may be dissolved or hqu
te dated in the method and manner point'
OF out by Act 267 of 1914.
nd ARTICLE VIII No stakeholder shi
D. ever be held liable or responsible for q
C. contracts or faults Of this corporation
re- any further sum than the unpaid balan
nd due the corporation on the shares Own'