The herald., 1922-06-01

New Orleans BE il known, that on this
| third day of the month of May, in the
| year of our Lord one thousand, nine
hundred and twenty-five, Before me
| Sol. Weiss, a notary public, duly com
! missiOned and qualified in and for the
| above city, parish and State, therein
residing, and in the presence of the wit
neSSeS hereinafter named and under
signed: Personally came and appeared
the several persons whose names are
hereunto subscribed, who declared that
they are of full age of majority and
availing themselves of the laws of the
State of Louisiana, relative TO the or
Eanization of corporations, in such
cases made and provided. they constl-
tute themselves, their associates, sue
cessors and assigns, corporation un-
der the stipulations herein set forth,
which they adopt as their charter, to-
wit
ARTICLE I-Name-The name of
this corporation shall be The Louisian
Hotel. Incorporated.
ARTICLE II-Objects and Purposes
The objects and purposes of this cor
poration are hereby declared to be:
To own, lease or otherwise acquire,
and to operate and conduct hotel or
hotels in the State of Louisiana, and to
acquire and own and operate, directly
hotel or hotels. all appurtenances or
accessories deemed convenient or ad-
Hantageous in connection with the
operation of such hotel or hotels.
poration shall have and enjoy all
powers and privileges granted corpora
tons under the laws of Louisiana.
ARTICLE IV.-Capital Stock-The
capital stock of this corporation is
hereby fixed az twenty thousand dol
lars $4,000 00), which may be in
creased to fifty thousand dollars $50
100000. divided into shares of a par
value of one hundred dollars (SlO0. 00)
each. All of the said stock shall be
common stock. This corporation shall
he authorized TO do business when
fifty per cent. of its fixed capital
stock shall have been subscribed for
and paid for.
ARTICLE V-Domicile-The domi-
ellie of this corporation shall be in the
City of New Orleans.
ARTICLE Mountaineering cor
poration shall exist and have success
sion for a period of ninety-nine yeaEs
ARTICLE VII-Service of Process
Service of process shall be made upon
the president of this corporation and
in his absence. upon any other officer,
and otherwise according to law.
ARTICLE NIII-Board of Directors
The affairs of this corporation shall
be administered by a board of direc-
tors consisting of not less than three
nor more than seven stockholders. elect
ed annually on the third Monday in
May of every year beginning in 1928.
Directors and officers shall hold office
until their successors shall have been
elected and qualified. Vacancies on
the board shall be Immediately filled
at special meeting of stockholders
held after fifteen days written notice.
OFFICERS shall be elected annually by
the board from among their number
within thirty days after their election.
The officers shall consist of a presi-
dent. vice-preSident, and treasurer
and secretary. which two last offices
may be combined in one person by re-
solution adopted at any annual stock
holders meeting.
ARTICLE IX-Powers of President
The president of this corporation
shall have authority, without further
or resolution, to sign, on be-
half of this corporation. checks drafts
notes. contracts, acceptances, leases or
other instruments or documents relat-
ing or appertaining to or affecting the
business or property of this corpora
tion.
The president shall also be the gene
raj manager of the said corporation
and the business operated by il and in
his said capacity shall have control of
the policies of the corporation and
dismiss agents and employees of the
corporation. and in general, shall have
power to do such things as may be
deemed by him necessary for the pro-
motion OF the interest of the corpora
ton and the full accomplishment of the
powers hereby vested in him.
ARTICLE X-Officers and Board
The following shall constitute the first
to serve until the first an
nual meeting of stockholders in 1929,
as herein fixed. or until their success
sors are elected and qualified: H. A
Sol. Weiss, secretary
and treasurer; Miss A. Nevot and ]. II. |
knobloch.
ARTICLE XI-Subscriptions - The
have hereunto signed their |
names and addresses and the number |
of shares subscribed for by each, and |
Il Is declared that all such subscrip- |
tons have been fully paid for.
ARTICLE XII-Issuance of Stock
NO stock of this corporation shall is /
sue except in consideration of cash or |
property. adapted to the uses of this |
lily rendered to it. Any property trans
'erred to this corporation in considera-
ton for its stock is inventoried and |
appraised on the exhibit attached here
20. according to law.
ARTICLE XIII-Transfer of Stock
NO share of stock in this corpora ton
snail be sold until IL shall first have
'een rendered to this corporation in
lfter thirty days have elapsed follow
ng the receipt of such notice to said
'oard In the interim this corporation
mall have the right to purchase such
oock az book value and the holder is
'ounded to sell same to the corporal ton
n to such transferee as may be desig-
Iated and at such valuation.
NO transfer shall be valid unless the
PROVISIONS of this article shall have
zen complied with; and this corpora
ION Shall not be bound by any transfer
MESS entered and Of record on its
ooks.
All certificates of stock issued by
his corporation shall bear printed
cross the face thereof the notation:
issued and transferable only in strict
Scordance with the provisions of the
ion."
ARTICLE X1V-Amendment of Char
er-This charter may be amended at
special meeting of stockholders held
fter fifteen G5) days call and on vote
three-fourths (%) of the outstand- ;
lg stock
ARTICLE Xv-Dissolution - This ,
orporation shall be liquidated upon a ,
esolution to that effect adopted by
nree-fourths of the outstanding stock
special meeting of stockholders {
1mmoned by fifteen 15) days written
otice: The stockholders at such meet
lg shall have the right by majority {
ote to appoint liquidators and fix the
over, authority and conditions of the
prominent of such liquidators and {
he method and details of the liquida- I
on.
Thus done and passed, in my office. i
the City of New Orleans, La, on the
ay, month and year first above writ !
IN, in the presence Of the under G
gned competent witnesses, residents {
this city, who have hereunto signed
1eir names, with said appearers and !
Re. notary. after reading Of the whole i
ORIGINAL SIGNED):
fNampS of SnhSpriharc op,iftalN