The herald., 1922-08-17
CHARTER.


represented by one hundred shares OF
tho sum of one Hundred Dollars
(SlOO.OO) each, payable in cash, prop
erty or for good Will.
The corporation shall commence do
ing business as soon as Five Thousand
Dollars of the capital stock shall nave
been subscribed and paid for.
Any stakeholder may sell. assign or
transfer his stock in this corporation
provided thirty days notice of such
same be given the company, and the
otner stockholders shall have the first
privilege of purchasing same at book
value. after which thirty days notice
the said stock may be sold IN open
market.
ARTICLE ". The domicile of the
said corporation shall be in the city
OF New Orleans, state of Louisiana.
The president or, in his absence, tho
vice president shall be the proper per
son upon whom citation or other legal
process shall be served.
This corporation, unless sooner ClS-
solved, shall exist and continue for the
period OF nineIy-nIne years from and
after the date hereof.
ARTICLE V. All corporate powers
shall be vested in Board Of Directors
composed of not less than three stock
holders. The Board of Directors may
fill vacancies in their number, how
ever caused, by election from among
the stockholders.
The first Board of Directors shall
consist of Mrs. Harry y. STAGE, who
shall be president and whose postoffice
address is No. 1854 Magazine street
New Orleans; Arthur V. Robertson,
VINO shall be vice-president, and James
J. Landry, who shall be secretary
treasurer, and whose pOstOfflce ad-
dress is No. 1854 Magazine street, New
Orleans, La.
Said board shall continue in office
until January ,, 1928, on which date
and thereafter annually Board of
day of January of each year, unless
the same shall be legal holiday, when
the election shall be held on the next
legal day thereafter.
The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as the affairs and bus
mess or the corporation may require.
and as 1t may deem necessary for the
conducting and management thereof.
ARTICLE vi. This charter may be
and the capital stock of this
corporation may be increased or de-
creased, or the corporation may be dis
vided by law.
ARTICLE VII. No stakeholder shall
ever be held liable or responsible for
the contracts or faults of this corpor-
alton in any further sum than the I'M
paid balance on the stock for which
he has subscribed, nor shall any mere
lnformallty in organization have the
effect of rendering this charter null
liability than as above provided.
ARTICLE Viii Whenever this cor
poratIon shall be dissolved, whether
ny Limitation or from any other cause,
the affairs thereof shall be liquidated
by three stockholders 10 be elected and
qualified in the manner provided by
law. And they shall continue in office
until the affairs of this corporation
shall have been fully settled and liQui-
dated. In case of the death of one of
the Ilquldators, or his refusal or in
tDillty To serve, the remaining liqui-
iators may themselves proceed with
all the power and authority vested in
the full membership.
The present incorporators, in sub
ScrlOlng for the respective number of
shares of the capital stock of this cor
JoratIon as set forth after their names
nave made full and complete payment
or same in cash, except as follows:
nayment for $4,000 OF the amount
subscribed by Mrs. Ii. .. STAGE has
been made and accepted by the present |
Board of Directors at a full valuation
made by them, in the property and |
teinlzed statement OF its value thus |
placed by the directors, following:
Real estate consisting of the follow |
ng items:
Item l. Two CD certain lots. or |
,arcels OF land, lying, situated and be-
ng IN the city of New Orleans, state |
IL Louisiana, and being more partic- |
Harry described as lots Nos Is, 26, |
n square No. l02. on the map OF the |
ne same in size and location to be |
n accordance with said map or plan /
Il lots on file in the City Engineers |
'fflce Of said city of New Orleans. |
-otS NOS: 20 and 70 measure each 20
Get front on st. Louis street by a
epth between equal and parallel lines |
Il lz2.I5 feet towards Memphis street
n the square bounded by Mouton and
streets. Lot No. rs forms the
orner Of st. Louis and RidgIey streets.
'hlch Item is taken at a valuation of |
10000.
Acquired by Mrs. Olga svidelle STAGE.
thermal funds, from the New Orleans
and Company. by act before j. e.
Conner, Notary Public, by acknowl-
dgment before him on July Z. 1921.
eyance office. book BAL, folio 1876.
Item 2. Two CD lots, or parcels of
ana, lying, situated and being in the
ny OF New Orleans, state OF Louis
crlbed as lots Nos. % and "a, in square
., on the map of the New Orleans
and Company's land. the same in size
no location to be in accordance with
ara map or plan of lots on file in the
lty Engineers office Of said city of
lew Orleans. Lots 20 and "a measure
ach 20 feet front on Catina street
"a depth OF 10 feet between equal
oulevard. in square bounded by Con-
ad and walker streets, which item is
tken at a valuation of $4,000.
Acquired by Mrs. Olga Svidelle STAGE.
ne OF Harry .. STAGE, with her para
hernal funds. from the New Orleans
and Company, by act under private
lgn nn,,iIs; rS dated March s. 1915, duly
ohn wagner. Notary Public, and reg
olio 3S3. 'A -'''
Item 8. Five 60 certain lots Of
round in the parish of jefferson, state
louisiana, in Metairie Heights Sub
80. 1875, 1917 and 1879, on a certain plat
rawn by walters & Daniel, surveyors.
nnexed to an act of deposit before
ustat r. Westfeldt. Jr., in the city
| New Orleans, under date of Nav
., 1913, according to which plat said
us measure each 25 feet front on
letalrie Heights avenue by I25 feet
Acquired by Mrs. Olga SvideIle
ife of Harry o. STAGE, with her nara,
lernal funds; from the Fidelity Land {
ompany, BID, by act before Vim / | {
ormento, Notary Public, dated Nav
!; 1914, registered in Conveyance
rice book 45. folio =. parish OF JEFF {
rson, which item is taken at a val I
alton of $4,000. I
Item 4. Three ca lots of ground. {
gether with all improvements there :
!. ana all the rights. ways, privileges. 5
,rVltudes and advantages thereunto {
longing or in any wise appertainine {
luate IN the town of MandeyiIle | Z
trlsh or ST Tammany, state of Louis '
ma, designated by Nos e5. Sc and 81 I
SQUARE bounded by Coffee, Mathis 4
lslhgston and the property of the {
Id according to a map of subdivisio1 S
double square No az fiIad a. ~ | G