The herald., 1922-04-06
CHARTER.
The capital stock, of this corporation
may be increased to fifty thousand dol
lars ($J0,OO.O0)

The capital stock, of this corporation
may be increased to fifty thousand dol
lars ($J0.OO.00)
No stockholders of this corporation
shall sell, or offer To sell. any common
stock of this corporatin owned by him
until he shall have first offered the same to
each of the other common stockholders
thereof, for period of fifteen 15) days,
at the book value of said stock. This Of
fer shall be made in writing to the board
of directors of this corporation, through
the secretary, who shall, Tor the purpose,
be considered the agent for the remaining
common stockholders, who shall have the
right to purchase same at said book value
in proportion to the stock owned by them.
ARTICLE 1V-All of the corporate
powers Of this corporation shall be vested
in and exercised by a board of directors
composed of not less than three nor more
than five las may be fixed by a full board)
stockholders of this corporation. to be
elected at a meeting of the stockholders
held for that purpose, at the dOmicile of
the company. on the second Wednesday
In March, of 1923, and annually thereafter,
notice Of which meeting shall be given TO
each stakeholder at least fifteen 15) days
prior to each meeting, either personally.
or by depositing same in the post Office
properly addressed, to the last known ad-
dress of each stakeholder. as shown by the
books of the corporation, and who shall
! serve until their successors are elected and
| qualified. without any infOrmality result
/ ing from failure to hold any annual cleo
/ ton.
The board of directors of this corpora
| tiOn shall, Immediately after their cleo
| ton and qualification for office. select
! from among their number n president, a
| secretary treasurer and might select a
4 vice president. The first board of direc-
| tors of this corporation is declared to he
composed Of Francis j. Keller, 1916
Edward b. Ellis. 1923 st. Charles avenue,
i New Orleans, La, and Emile A. LeOnval.
| 1881 South Dupre Street, New Orleans. La,
with Edward r. Ellis as president, Emile
| A Leonval as vice-president and Francis
| j. Keller as secretary treasurer.
The said board of directors shall have
the power TO appoint agents and EN-
plOyees for this corporation. or to remove
| the same at pleasure to give and desiC
nate any authority to its officers. and
any vacancies in their number, and shall
make such bylaws from time to time
and amend the same as they may deem
| eXpedient.
ARTICLE v-Said appearers declare
that they subscribe respectively, to the fol
lowing number and kind of shares of the
capital stock set opposite their respec-
tive signatures. and this corporation may
begin business at once, the necessary
amount of stock being subscribed and
paid for.
| ARTICLE VI-This charter may b,
amended the capital stock thereof in.
creased or decreased, or this corporation
dissolved, in accordance with the Erovi
sions of Act 267, or subsequent laws, OF
the Legislature of the State of Louisiana
for the year 1914.
Thus done and passed in my Office al
New Orleans, Louisiana, in the presence
of Juliette Pailhes and Mabel Bell. com
petent witnesses, on the 22nd day OF
February, 1922, after due reading Of the
whole
witnesses: Juliette Pallhes. Mabe
Bell.
(SeaD: MEYER s. DREIFUS,
Notary Public
/. the undersigned, Recorder of Mort
| cages in and for the Parish of Orleans
State of Louisiana, do hereby certify thai
the above and foregoing Act of Incorpora
ton of the New Orleans Realty Invest
ment Co., Inc, was this day duly recorded
in my office in Book 1868. folio -.
New Orleans, March 23d. 1922.
(Signed): ROBT. SCOTT.
Deputy Recorder
A true copy:
(SeaD: MEYER s. DREIFUS,
Notary Public
Mar 20-May