The herald., 1922-08-31
CHARTER OF
SHREWSBURY HEIGHTS LAND
CO. INC,

| SHREWSBURY HEIGHTS LAND
Co. INC.
| United States Of America, State of
| louisiana, ParIsh OF orleans, CIJy OF
| New Orleans. BE IT known that on
| this FIRST day OF the month OF july,
/ IN the year OF our Lord, one thousand
| nine hundred ana twenty-five, anu OF
the Independence OF the United States
| OF America, the one hundred and forty
! sixth, before me, Oscar Schneider, a
| Notary Public in and Tor the parish OF
| Orleans, state OF Louisiana, duly COM
! mIssIOned, sworn anu qualified, and IN
! the presence OF the witnesses herein
! after named and underSl gntd, person
/ ANY came anu appeared the several
! persons whose names are heTeuutO sub
| scrlDed, who severalIy declare that,
| awaiting themselves OF the laws of this
| state relative 10 corporations, and par
| uCuldTIy Act NO. 20. OF the General
| Assembly OF the state OF Louisiana Tor
| the year 1914, they have COvenanted
and agreed, and DO by these presents
covenant ana agree and bind and oDl-
| gate themselves, as well as ali other
persons who may hereafter become
associated with them, to form and con-
sutute bOdy polite IN law Tor the
OBJECTS and purposes hereinafter set
forth, and under the articles and stipu-
! latiOns herein following, which they
ADOPT as their charter, Io-wIt:
ARTICLE 1. The name and style of
tins corporation snail be the Snrews-
DuIy Heights Land Co, Inc.
Article IL The objects and purposes
Tor which this corporation Is organized
are declared to he. 10 buy, sell, re-
Celve hold, rent, hypothecate, lease,
suitcase, mortgage anu Otherwise en-
gambler, alternate, as well as to deal
IN. develop, suUdlVlde ana cultivate
lands OF All kInuS, tImbeTeu or unIIm-
Dercd, ana real estate OF every descr.p-
lIOn, to BUY, sell, receive, nOlu, rent,
tease, suitcase, mortgage ana hypOtuc-
cate, OF any other way cucumber ac-
qure and ALLEVIATE, manufacture and
ucdl III LUMBER, and al OF Its by
products; 10 exploit, reclaim, improve
or otherwise benefit real estate, and to
Jay the same out IN town lots, town
SITES, villages, cities, farms, lots, SuDur-
ban sites, to make streets, cutters, side
walks and CandIS; to issue notes anu
any other evidence OF debts, ana gen
orally to do any and ali things, anu TO
engage III any ana all business Incl
dental to, ana connected with, or grow
ing out Of said business, with all priv
IIeges and powers now conferred or
hereafter to De conferred upon sucn
corporations.
| ARTICLE III. The amount of the
capital stock Of TINS corporation Is
hereby fixed at Fifty Thousand Dol
lars, represented by 900 shares OF stock
OF the par value OF one hundred Dol
lars eacn. said stock snail be paId
Tor in cash, or given at par, IN pay
| ment for property actually received by
| SAID corporation. The shares OF stock
| shall be transferable only on the books
OF the corporation, and no transfer OF
| STOCK shall be binding Dr have any
effect upon TINS corporation Unless and
until made upon the BOOKS. No stock
holder shall he liable Tor any turtner
sum than the amount OF his SuDScrIp-
ton. The capital stock OF this cor
pOartion may DE increased to Ole Hun
dred Thousand Dollars, or any portion
thereof
ARTICLE ". The Gomlcile of this
corporation shall be IN the city of New
Orleans, state of Louisiana. All cita-
tons or other legal process shall be
served on its presIuenI; or. N his aD-
sence, on the vIce-president.
ARTICLE V. This corporation shall
continue TO exist and ENJOY life for a
PERIOD of ninety-nIne years from the
date hereof, and shall enjoy all the
rights, privileges and lmmunIJIes grant
eu by law to such corporations; they
SnalI have the power 10 sue and be
| sued; use a corporate SEAL the same to
alter and amend at pleasure; TO own
and hOid personal real or mixed prop
erty, To make notes, bonds, mortgages
or other evidence of debt.
ARTICLE vi. All corporate powers
| of this corporation shall be vested IN
and exercised by Board of Directors
. composed of five stockholders, elected
, annually at a meeting to be held on
; year. Three of such directors shall
compose "A quorum for the transaction
OF any business. They shall be elected
\ by ballot at said meeting, either by
meeting to be given to each stock
holder at least fifteen days prior L
said meeting, by written notice by
! MAIL addressed TO each stochhOlder a
his last known address. Within {
: week after the election of said BoarC
u of Directors, as above provided for
they shall elect from among their mum
II Der president, a vlce-pTesIuent, anI
secretary and treasurer, or th'
/ last two offices of secretary and treas
! urer may be held by the same person
at the will of the Board of Directors
: and said board may appoint managers
], ! clerks, agents, employees, as they SCI
q fit, and regulate the salaries to b'
$ paid them. All officers and member!
j, OF the Board of Directors shall hol'
i / office for one year from the date o
e their election, or until their successor
: have been duly elected and qualified
i The board may be increased to tel
y | the stockholders at an annual meet
= ing, providing previous notice thereo
has been given. a majority, of tn
d members OF the meeting shall consti
s tute quorum. Until the annual meet
: ing to be held on the first Thursda!
e in June, 1924. or until their duly quail
: fled successors are elected and installed
r the Board of Directors shall be com
= posed of GOwan Harris, DIR. George +
e Roelling, Henry j. Ledoux, John II
n Watermelon and Oscar Schneider. wit
n Gowan Harris as president, DR.. Georg
I r. Roelling as vice-presideUt, and Osca
s. Schneider as OBSERVATION-DISCLOSURES.
l. This charter may be amended o
d altered by a vote of two-thIrds of a.
- the stockholders present at Specia
meeting called for that purpose, afte
II fifteen days prior notice of said meet
d ing have been given to each and ever
IS stakeholder of record on the books o
y the corporation, by written notice sen
e by mail to his last known address.
" In order that his charter may serv
Ia as the original subscription list, tn
r subscribers thereof have written oppC
y site their names the amount of tn
lie capital stock subscribed for by each G
)r them, with their address.
~ Thus done and passed at my offio
= | in the city of New Orleans, on the da
!, and date first above written, in III
- presence of Theresa SWEET and Emm
" Cornay, competent witnesses, who haN
N hereunto subscribed their names, L
y gether with said appearers and m
81 Notary, after due reading of the Who'll
n, (Here follow signatures of subscrii
al ers and number of shares subscribed
Witnesses: Emma Cornay, There's
= SWEET. .
IL Notary Public.
I. the undersigned Notary, hereh
e. certify the above and foregoing to
of a true and correct copy of the origins
ty on file in my Notarial Register.
IL OSCAR SCHREIBER,
s. Notary Public.
10 I. the undersigned Recorder of Nor
he cages in and for the parish of Orlean
ne state of Louisiana, do hereby certii
40 that the above and foregoing act OF II
corporation of the Shrewsbury Heigh
ne Land Co, Inc, was this day duly. T