The herald., 1922-11-16
CHARTER.

y
directors, in conformity with the existin
provisions Of law relating thereto.
The parties hereto hereby subscribe 70
the number of shares of capital stock o
spective signatures on the subscription
| list attached hereto and made part here
Of
ARTICLE V-All the corporate power
of this company shall be vested In and tn
management and control of its affair
shall be exercised by board of directors
consisting of not less than three and no
more than five stockholders, a majority O.
whom shall constitute a quorum, for tn,
transaction of all business. The direc
stockholders on the third Tuesday OF
January in each year. Each stockholdel
snail be entitled, In person or by proxy
| 10 vote for every share owned by him
ana all elections shall be held under such
rules and regulations as may be de
termined by the board OF directors after
: hfteen I'D days notice by mail of such
election shall have been sent to each
St 3 at his last known address
All voting shall be by ballot. The di-
rectors thus elected shall continue in Of
flee for one year, or until their successors
shall have been duly elected and qualified
Any vacancy occurring on said board
shall be filled by the remaining directors
for the unexpired term; the said board
shall likewise elect the additional mem
bers in case they should determine to in
crease the number of said board; and all
officers and employees shall hold Office at
the pleasure of the board.
The board of directors shall elect an
hually from their number a president and
may elect one or more ce-presidents !;
they snail also elect secretary and n
treasurer, which two latter offices may be
hlled by one person, and which person or
persons need not be a stakeholder of this
corporation.
The first board of directors shall consist
OF three G) stockholders and shall be
composed OF Juan ArgOte, whose post of
nee address is No. 1929 st. Charles Ave
nue.. New Orleans, La; PascuaI r. San
chez, whose post office address is No. 734
Arabella Street, New Orleans, La, and
Egidio lore. whose post office address
rs No lZOo North Broad Street, New Or
leans, La. with the said Juan Argote as
president: fascual r. Sanchez, as vice
president and EgidiO Tore, as secretary
ann treasurer. The above named board
OF OF directors shall hold Office until the
third Tuesday of January, 1924 or until
successors are elected and qualified.
The board of directors is further an
thorlzed to frame and adopt such by-
laws. rules and regulations as the affairs
ana business of the company may require
anu a,,, II may deem necessary for the con
uucting and management thereof proyid-
eu the same does not conflict with this
charter and the laws of the state of
Louisiana and those Of the United States
"a Nd 10 name anc appoint man
ayers, nix their compensation and terms
pi employment as well as name and an
point agents and employees as in its dis |
,retlon may seem fit and proper as well |
Is TO nix the salaries and terms of en-
Jerks and assistants.
The board of directors NAV. at any
lme' issue any unsubscribed stock upon |
payment therefor, in accordance with law
~, ~ suSn person or persons as the board |
nay deem proper.
No transfer Of stock shall be binding
N this corporation unless made upon its
looks by the surrender of the outstanding
ertlncate properly. endorsed by the re-
'lstered owner. or by his duly constituted
Seh., or legal representative, and in ac-
oruahce with such rules and regulations
S the board of directors NAV prescribe
ARTICLE VI-Notice of all meetings
elu Tor the election of directors, or for
ny other purpose, shall be given in writ
ls U! the secretary, and may be served
e eaa or deposited in the mail ad-
leetlng is held. and directed to each
-ockholder at his last known address as
ne same shall appear on the books of
ne corporation: unless said notice is
oluers appearing Upon the books. At all
leetfngs OF stockholders a majority Of
he votes cast shall be sufficient to elect !
~. decide all questions voted upon, ex- !
amendment IN :
ssolutlon of the corporation,
ARTICLE vII-This charter NAV no :
odlned, changed or altered, or said cor r
'!ation may be dissolved with the assent I
stockhoiders owning thirds of the 4
iie tapi.ai STOCK at general meet v
Irpose, after fifteen days written no. n
ce shall have been given to each stock +
,Ider' mailed to his last known ad a
, AkTiCLE vIII-In the event of the a
luidation or dissolution of the cornore o
ION; the stockholders shall elect two I
luidatots from among their number. at f
meeting convened for that purpose o
yer zen days written notice sent to each n
Dckholder by mail to his last known Adj. p
ess; said iquidators shall have thu a an il
Oily TO wind up the business and af q
Irs OF TINS corporation. In case of death Il
either Of said liquidators, the survivor o
al appoint a stakeholder as successor v
ARTICLE IX-No stakeholder of this p
rporation shall ever be held Iisb,o nr i
sponsi0le for the contracts or fsuIts II
sIeoI In any further sum than the nm
"a ! a. balance due the company on the q,
him Vi STOCK subscribed for or owned ~
MIN, nor shall any informally in or n
ni1ation have the effect of rendering II
!, chsrter hull or Of exposing a stool, a.
l n 10 any liability beyond that set out $,
. n Gs. a"ne ana passed, In my office, at 81
city tf New Orleans. Parish of Or.
,nsi Ma,e OF Louisiana, on the day.
'ntn and year herein first above writ, b,
!; IN the presence Of August III. Ritter "
MISS Amelia Babin, Competent wit. G.
' ~ VINO hereunto sign their names L
m the said appearers and me- notary G.
er reading OF the whole the said an III
uers Presenting to me, to be annexed Ia
,nls sct OF incorporation and for iaenti. L.
,'i S1, teerewith, what purports to be 81
g,naiy tnousand dollars $50, 900 OO) j.
OK OF said corporation. " I.
Witnesses: A. H. Ritter. A Rahir
ORIGINAL SIGNED) mi
uan Argote, 800 O. & G. Bldp. d tn
icn ne IS4 Arabella Street; Egidio Tor mi
i1oo North Broad Street tn
SeaD IN or,prnno ST.
Notary Public. We
the undersigned, Recorder Of Mort. tic
es, in and for the Parish of Orleans. do pr
epy Se1thy that the above and foreoo I'M
act q incorporation Of Juan ArRote or
Inc, was this day duly recorded in de
ONCE, In Book 1919, folio -. wi
e" orleans, La, November 9th, 1922.
'ished} ROBT. SCOTT, be
,rn Deputy Recorder. da
'eap N. QUINTERO. vel
An.. "a Notary Public. to
. Dee' II. the
HARTER OF LYONS REALTY CO.. col
INC. an,
nited States Of America. State NJ It'll
lslana, Parish Of Orleans Re n col