The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-08

:
United States Of America. State 81
| Louisiana Parish of Orleans. city 81
| New Orleans. BE 1t 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 dulyScOE
mIsSIOnrd and qualified in and for the
above city parish and state. therein
residing. and in the presence of the wit
ncSSeS hereinafter named and under
signed. Personally came and appeared
tn" several persons whose names are
hrTeuntO subscribed. who declared that
they are Of full age of majority and
awaiting themselves of the laws of the
State of Louisiana, relative To the or
SANITATION of corporations. in such
cases mad" and provided, they cOnSt.-
tute themselves. their associates. sue
ceSSorS and assigns, a corporation un-
der the StipulatiOns hersin set forth,
which they adopt as their charter, to-
wit.
ARTICLE I-Name-The name of
this corporation shall be The Loulsian
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 a hotel or
hotels in the State Of Louisiana, and to
acquire and own and operate. directly
or indirectly, in connection with such
hotel or hotels. all appurtenances or
vantageOus in connection with the
operation Of such hotel or hotels
ARTICLE II-Powers-ThiS cor
poration shall have and enjoy all
powers and privileges granted corpora
uonS under the laws of Louisiana.
ARTICLE IV-Capital Stock-The
capital stock of this corporation is
hereby fixed a. twenty thousand dol
lars $2O.OOO OO), which may be in
creased To fifty thousand dollars $50
100000. divided into shares of a par
value of one hundred dollars (Sl0O. 0OD
each. All of the said stock shall be
comman stock. This corporation shall
be 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 NI-Duration-This cor
poration shall exist and have success
sion for period of ninety-nine years.
ARTICLE VIl-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
Ice 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 a Vice-preSident, and treasurer
and a secretary. which two last offices
may be combined in one person by re-
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
ton.
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
shall have the authority to hire and
dismiss agents and employees of the
corporation. and. in general. shall have
power to do such things as may he
motion of the interest of the CORPORA
ton and the full accomplishment of the
powers hereby vested in him
ARTICLE N-Officers and Board
The following shall constitute the first
board of directors and Officers of this
corporation to serve until the first an
nuaI meeting of stockholders in 1928, |
rs herein fixed. or until their success
Michael. president; Mrs. H. A Michael. |
Sol. Weiss. secretary
md treasurer: Miss a. Nevot and ]. Ii. !
<noblOCh.
A
to the capital stock of this |
have hereunto signed their !
names and addresses and the number |
IF shares subscribed for by each. and |
I is declared that all such SubScrip-
ions have been fully paid for
ARTICLE \I1-IsSuance of Stock
No stock of this corporation shall is /
sue except in consideration of cash or !
property adapted to the uses of this |
or valuable services actu-
lily rendered to it. Any property trans |
erred to this corporation in considera- |
ion for its stock is inventoried and |
appraised on the exhibit attached here
o. according to law.
. ARTICLE XIII-Transfer of Stock
NO snare OF stock in this corporation ;
snail be sold until it shah first have |
Ieen rendered to this corporation in |
writing tru its board of directors and
lfter thirty days have elapsed follow
ng the receipt of such notice TO said |
'oard. In the interim this corporation
man nave the right TO purchase such |
tock at book value and the holder is
bounded to sell same to the corporation
IT TO such transferee as may be desig-
lated and at such valuation.
NO transfer shall be valid unless the
PROVISIONS of this article shall have
,een complied with; and this corpora-
ION shall not be bound by any transfer
MESS entered and of record on its
looks.
All certificates of stock issued bv
ms corporation shall bear printed
cross the face thereof the notation:
issued and transferable only in strict
tScoruance with the provisions of the
harter and bylaws of this corpora
ion"
ARTICLE X1V-Amendment of Char
er-IhlS charter may be amended at
special meeting of stockholders held
Iter fifteen G5) days call and on vote
ng stock
ARTICLE XV-Dissolution - This
orporation shall be liquidated upon a
esolutlon to that effect adopted by
hree-fourthS of the outstanding stock
t a special meeting of stockhoISers
uninoned by fifteen 15) days written
otlce; The stockholders at such meet
ng snail have the right by majority
ote 10 appoint liquidatorS and fix the |
over, authority and conditions of the
of such liuuidators and
ne method and details of the liquida-
ion.
Thus done and passed. in my office,
the city of New Orleans, La, on tho
ay' month and year first above writ
en-, IN the presence of the under
igned competent witnesses residents
l this city, who have hereunto signed
helr names. with said aDpaarars 81