The herald., 1921-05-05
CHARTER OF GEORGE l.. RiCkS
REALTY COMPANY, INC.

; CHARTER OF GEORGE l.. KICKS
REALTY COMPANY. INC.
United States of America. State of Lou
| iSiana. Parish of Orleans. City of New Or
/ leans BE it known, That on this Twenty
I sixth day of the month of April, in the
| year of our Lord. one thousand, nine hun
/ dred and twenty-One. and of the indie
, pcndence of the United States of America,
I the one hundred and forty-hfth, bet"-e
me, benjamin Y. Wolf notar! public:
/ duly commissioned an" 4uaiined iii and
. for the Parish q Orleans therein resid-
! iii- and in the presence of the witnesses
! hereinafter named and undersigned. per
/ SOnally came and appeared the parties,
| whose names are hereunto subscribed, all
| of full age. who declared that, availing
| themselves of tn laws of the State of Louis
lana, relative to corporations, they nave
/ cOvenantcd and agreed, and by these pres
| ents. covenant, agree and bind themselves,
| as well as such other persons, as may
! hereafter become associated with them 10
! form and constitute a corporation ana
! body politic in law. for the purposes and
! objects and under the Stipulat1ons ana ar
/ ticleS following, to-wit:
ARTICLE 1.-The name of this corpora
! ton shall be George l.. Kicks Realty Com
pany, Inc.
! ARTICLE 1.-THE objects and purposes
! of this corporation and the nature of the
| clared to be: To purchase, own, improve
and sell real estate; to build. erect, sell.
rent or lease houses, and lands for dwell
| ings and other purposes; TO purchase.
| drain reclaim and improve lands. and
| build thereon. and TO render the same suit
able for agriculture or residential pur-
poses: and generally to engage in such
business as may be necessary or incl
dental to the purposes herein set forth
and to do all and everything pertaining
to or in any way connected with the pur
poses herein declared. including the power
to borrow money and secure the same by
mortgage or pledge on any of the prop
erty hereunder acquired and to issue bonds
or notes therefor thereon.
ARTICLE III-The capital stock of the
said corporation shall be five thousand
dollars, divided into and represented by
fifty 500 shares of one hundred dollars
each. payable in cash, property or for
| services rendered. The capital stock may
be increased to fifty thousand dollars.
| The corporation shall commence doing
| business as soon five thousand dollars
| of the capital stock shall have been sub
| scribed and twenty five hundred dollars
of said amount so subscribed shall have
| been paid for.
| ANY stakeholder may sell. assign or trans
| fer his stock in this corporation, provided
| thirty days notice of such intention to
| SELL transfer or assign the same be given
| the company, and the other stockholders
| shall have the first privilege of purchas-
ing the same at book value, after which
| thirty days notice. the said stock may be
sold in the open market.
ARTICLE Iv.-The dOmicile of said cor
poratiOn shall be in the City of New Or
leans. State of Louisiana
The president. or in his absence. the
vice president. shall be the proper person
upon whom citation and other legal process
shall be served.
This corporation, unless sooner dis.
solved shall exist and continue for the
period of ninety years from and after
the date hereof
ARTICLE V.-All corporate powers shall
he vested in board of directors, composed
of three stockholders. Said Board of Di-
rectors may fill vacancies in their num-
Der, however caused, by election from
among the stockholders.
The first Board of Directors shall b,
J composed of George l.. Kicks. whose post
Office address is Algiers, La, and Wit
, shall be president; Ida Fuhr, wife o
! George L. Kicks, who shall be vice presi
dent. and whose postoffice address is Al
: giers. La; and Daniel w. Kicks, who's,
postOffce address is Algiers, La, and whC
shall be secretary-treasurer.
, Said Board shall continue in Office un
, til January 2, 1923, on which date, ant
, thereafter. annually, a Board of Director
! shall be elected on the second of Januar!
of each year. unless the same shall be
legal holiday when the election shall b
held on the next legal day thereafter.
, The officers of the company shall b.
, elected by the stockholders at said meet
ing.
The said Board is further authorize,
! to frame and adopt such bylaws, rule
and regulations the affairs and tn
business of the corporation may require
and as it may deem necessary for the con
: Quoting and management thereof. pro
vided the same be not in conflict with thi
charter.
n ARTICLE VI-This charter may b.
e amended and the capital stock of this cor
i poration may be increased or decreased, o
n the corporation may be dissolved in tn
: manner and method provided by law.
> ARTICLE VII.-No stakeholder shal
!, ever be held liable or responsible for tn
. contracts or faults of this corporation i
= any further sum than the unpaid balanc
: of the stock for which he has subscribed
: nor shall any mere infOrmality in organiza
ton have the effect of rendering this char
ter null or of exposing a stakeholder t
any liability than as above provided.
= ARTICLE vIII.-whenever this cor
| poration shall be dissolved, whether b
limitation or from any other cause, tn
affairs thereof shall be liquidated by thre
stockholders to be elected and qualified j
the manner provided by law. And the
of this corporation shall have been full
settled and hduidated. In case of tn
death Of one Of the liquidators, or his r.
usual or inability to act or serve, III
remaining lquiuators may themselves Pr
coed with all the power and authorizatio
of the full membership.
ARTICLE IX.-Capital stock to tn
amount of forty -six hundred dollars is
be issued to George l.. Kicks for the re;
estate and improvements, which he wi
transfer to this company, an accurate d.
tailed and itemized description as to tn
, amount, location, statement of improv'
ment and extent, together with a state
ment of the value as appraised by tn
Board Of Directors is annexed to the:
articles of incorporation.
And the signefs hereto declare that the
have affixed opposite their names, II
number Of shares subscribed by them an
they hereby declare this to be their sui
scription list.
Thus done and passed in the City /,