The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-20

CHARTER OF NAPOLEON ANENiE
HOLDING CO, INC.
state of Louisiana, Parish Of Orleans.
civ Of New OrhanS. Be il NHnEn That on
this 10Th day of September, III the year
one thousand. nine hundred and tWeh'!
one before me William Waller Young. a
notary pUhlic in and for the Parish OF
Orleans. state ct Louisiana. duly CommlN-
Sionrd and qualified. and in the presence
Of the witnesses hereinafter named ana IN
dcrSigncd, personally came ana appear'H'
the several persons whose NAMES are mere
unto subscribed. all above the fun age or
majority, who scyerally declared, that
availiuc themselves Of the laws OF the
state Of Louisiana. and especially the laws
relative to the organization OF corpora
tious they have coyenanted and agreed
to bind, form and constitute themselves
/ as well as all such other persons as may
| hereafter Join or become associated with
/ them into a corporation and body pOnuc
| in law, for the objects and purposes ana
under the articles agreements and supu-
! latiouS following, Io-Wit:
| ARTICLE The name. style and title
| of this corporation shall be Napoleon Ave
/ nue. Holding Co, Inc, and under that name
| it shall have and enjoy all the rights au'
| vantages and privileges granted by law Ia
! corporatiouS. and shall exist for the fulI
| term and period Of ninety-nine years from
| this day 1t shall have power to contract
| sue and be sued; to make and use cor.
! pOrate seal, and the same to after ana
! break nj pleasure: to hold. receive, lease
purchase. sell and cOuyny, as wei as mort
| gage. hypOthecate and pledge property
! real personal and mixed, cOrpOreal ana
| incOrpOreal; To name ana appoint SuCI
managers. directors, officers, agents ana
other employees as its interest and con,
vcnience may require, and to make anG
| establish rs well AZ alter and amend
| from time to time, such bylaws, rules ana
| regulations as may be necessary and cA
pedient for the proper manaSement ant
! government Of the affairs of this corpora
ton,
! ARTICLE 1.-The domicle of this cor
| poratlon is hereby fixed in the city %
| New Orleans, State Of Louisiana, ana al
citations or other legal process shali ID
served upon the president of said corpora
ton. or. in his absence. upon Its secretary
| ARTICLE lI-The objects ana purpose
| of this corporation and the nature OF th'
business to be carried on by it, are hereby
declared to be: To acquire in the Clt!
of New Orleans certain real estate, Whhi
| said real estate so acquired Is TO De sol,
| and transferred at the same price at Whlcl
| il is purchased, to any person, persons
corporation. provided the said person, per
sons or corporation binds and obhSate
itself to build and operate hospital there
on, if. in the event however no person
persons or corporation is willing TO tax
| title to said real estate under the term
and conditions hereinabOye named, with
in five years from the date of this incol
pOratiOn, then and in that event, the sal
real estate so acquired is to be sold |
the best advantage; and generally TO d
; and perform ali things pertinent and Incl
dent and which may be proper ana nece'
sary to carry out and execute the object
and purposes of this corporation.
ARTICLE IV-The capital stock of tn
[ corporation is hereby fixed at the sum
one hundred thousand ($1OO,OOOOO) do
| 1,l INF md ranTASpnfp1
= thousand 1000 shares of the par VAIN
: of ore hundred CS1OOOO) dollars each; sal
> stock shall be paid for when and in sue
E installmentS as directed by the board
2 directors. The capital stock or TINS co
: poration may he increased to the sum
: one hundred fifty thousand dollars.
ARTICLE V-An the corporate power
I of this corporation shall be exercised by
| board of directors consisting of thr
= stockholders, a majority of whom, elth'
| present in person or represented by proN
: held by another director, shall cOnstltu
= a quorum for the transaction of all bus
| ness The board of directors shall Gle
g annually from their number president,
?, vice president and a secretary and trea
, ! urer. The board of directors may 10
> | the Offices of secretary and treasurer an
. may elect one person to hold both office
!, | or may elect a person who is not stocl
u | holder for the Office of secretary. The FIR
u | board of directors shall consist or thr
|
| George ii. Terriberry, W. X. lrby al
s James w Smither, with the said Georj
(. H. Terriberry as president; w. X. lrb
d as vice-preSident, and James w. Smlth
l. as secretary treasurer; no compensate
e shall be paid to any of the officers OF tn
!, corporation.
e The post office addresses of said dire
d tors are as follows: George II. Terriberr
1a37 Polymnia Street, New Orleans, La
# w. r. Irby 914 Canal Street, New Oriean
:, La; James W. Smither, II RichmOl
d Place, New Orleans, La.
q These directors shall serve until {
s second Tuesday in September, 1922, or u
u til their successors have been duly elect
le and qualified. The annual meeting of {
stockholders for the election of directo
l. shall be held on the second Tuesday
Is September of each year, unless said d.
Is be n legal holiday, and then on the ne
"a bank day thereafter. Any vacancy occu
Cr ing among the directors by death. resi-
II nation or otherwise, shall he filled
"a election for the unexpired term by the
n naming directors Each subscriber hel
Oh to sets after his name his post office a
&c dress and a statement of the number
shares of stock which he agrees to take
oi the corporation At all elections eve
~ stakeholder shall he entitled to one W
~ for each share of stock stading in
III name on the books of the corporation.
~ be cast either in person or by his writ
q proxy. 4 majority OF the votes cast sh
elect.
in ARTICLE Win the event of the liq
s. dation or dissolution of this corporate
re the stockholders shall elect three hqul'
it. tors from among their number at n me
on ing convened for that purpose, after
k teen (15) days written notice sent to ca
D. stakeholder by mail to his last known I
ne dress: said liquidatOrs shall have the
p thority to wind up the business and AHA
he of this corporation. In case of the de-
ay of a IiquidatOr. the survivors shall
* point stakeholder as successor to him
he ARTICLE VII-This charter may
Of modified, changed or altered, or said
,is poration may be dissolved. with the ass
,is | of stockholders owning two-thirds of
nd entire capital stock, at a general meet
cd ! of the stockholders convened for that p
m nose. after fifteen (15) days written
i'm tice shall have been given to each sto
or holder. mailed to him at his last kno
me address.
n ARTICLE VIII-No subscriber for ST
tte shall ever be held liable for the contra'