The herald., 1922-04-06


he a going concern as soon as Twenty
five Hundred Dollars (S2jOO.OOl of It's
capital stock has been subscribed and
paid for.
ARTICLE ~. All the corporate pow
,rs OF the corporation snail be vested III
and exercised by Il Board OF Directors
consisting of three stockholders, a ma
lority OF whom shall constitute a quorum.
The first Board of directors snail be
composed of the following stockuolders'
Io-Mu. Mrs. Arnold ~ EchauA, whose
postoftice address IL ItU y. Miro street
.NeN orleans, La, arnold ~ EthauA'
MnoSe posloIuce ACTRESS il l41i y. Miro
Street. New orleans, La; Miss hlta
GaIilaruanne. whose postOfhce address Is
lb2 y. kocheblaNe Street. New orleans,
..a.. HIln M.>. .,rnOld ~ EcnauA a. fres-
iuent, Miss Rita Ga,iiaruanne a. vice
Ir,sIuent. anu Arnold EchauN as
Secretary -Tr.aSurer. MaO shall nold their
otnccS untI tue nrSt Tuesday in Marcn,
1873, or until their successors have Dtth
duiy appointed aud qualincd. On the
nrst Tuesday in Marcn. 1873, ana AN
Huully thereafter, an election FOR ulE"t
IOis shall d, held at the Once 81 i-e
corporation, a. PROVIDED tor il me l.!
I.a"S. tr'Iurr "a my time To not: 4
meeting or elect directors or Officers as
arr,iu provided, snail not WUrh a for
lecture oI TINS Cnartcr or dissolve the
Corpuration. tut the acting Board OF
Directors shall continue IN Oincc until
l thtlT NufAfNNbIN nav lFfl Hl'l'lAN
elected and in the event that the nrSt
Tuesday III Narcu small tail on Il dies
non. the said election shall be held on
the first legal day thereafter.
ARTICLE V. The at OF Incorporation
may be changed or amended. ana this
corporation may be dissolved or liqui-
dated, and the capital stock ui this cor
p~oratiun increased up L" the limit pro
vided in Article lii o. this charter, with
the assent of two-thirds OF the whole
issued capital stock convened Tor that
purpose, after fifteen (lJD days prior
written notice of such meeting shall Oe
given to each stakeholder, mailed TO his
last known address.
ARTICLE VI. No stakeholder of this
corporation shall ever be held liable for
the contracts or faults thereof, IN any
further sum than the unpaid balance
due To the corporation on the shares of
stock owned by him, nor shall any mere
informality in organization have the
effect of rendering this charter nun or
exposing "A stakeholder To any liability
beyond the unpaid amount of his stock.
ARTICLE VII. Appearers, Mr.. and
Mrs. Arnold D'EchauN. offer the follow
ing described property i'll payment OF
their subscription hereinafter referred
? to-
"A certain lot Of ground, together
with all the buildings and improvements
thereon, and all the rights, ways, priv
D ileges and advantages and servitudes
thereuntO belonging. situated in the
z. THIRD of this city, deslg-
mated by the letter 'B" of square No.
1888. bounded by Miro, Columbus. ker-
lerec and TOnti streets, on a sketch ana
/, certificate of survey by George DArmas,
| Surveyor, annexed To an act passed be
fore Robert Legier, Notary. on May q.
, 1913. According to which sketch said
lot of ground begins at a distance or
thirty feet from the corner of Miro
street, and measures thirty-two feet
49,. IE..a fEnns nm NtFn
street. by a depth of ninety nine feet six
inches and four lines in depth on The
side line towards Columbus street. and
one hundred feet four inches and one
= line on the line on the side toward her-
lerec street, and thirty-twO feet seven
inches and two lines in width in the
rear"
Being the same property acquired by APP
pearer, Arnold DEchaux, from the Home
seekers Building and Loan Association,
Robert Legier. Notary Public duly reg
e istered in Conveyance Office Book No
327. Folio No. 343.
= The directors having taken into con
sideration the location. extent character
y and state of improvements of said prop
,r erty, appraise the same at Seven Thou
,f sand Dollars S7.OOO.OO); said directors
le having taken into consideration the fac
ar that there is a mortgage on said prop
le erty Of Four Thousand Three Hundred
Sc Dollars ($4. 300. OO). which Is now record
Ia ed in NJ. O. b. l24s. Fo. 345. were unan
Of imously Of the opinion and did agre'
Il, that this corporation should assume an
he nav the said mortgage and issue To ap
ct hearers. Mr.. and Mrs. Arnold D'Echaux
o. ffty-four (54) shares of It's capital stocl
ed mt Fifty Dollars CS50.OO) each. fully PAL
he and worcestershire. and in full paymen
he Of the above described property.
er ARTICLE VIII. More than Two Thou
ey sand Five Hundred Dollars (S2.5OO.OU O
n. the company's capital stock having bee
subscribed and paid for. this corporation
OF may begin business at once.
e Thus done and passed In my n0tar1a
IT, office mt the City Of New Orleans. Louis
III lana. in the presence of Messrs. a. II
w Wagner and A. II. GranZin. Jr.. compe
or tent witnesses and residents of this cit
m Of New Orleans. Louisiana. who hereunt
al subscribe their names. together with IN
81 said appearers and me. Notary. afte
or reading Of the whole.
mt Original signed Mrs. Arnold D'Echau,
I47I n. Miro. 20 shares: Arnold D'EehauN
r. I477 n. Miro. f6 shares: Rita Gaillar
n dame. 1852 n. Rocheblave, l share; +. I
be Teissier. 1915 N. Miro. l share.
ed ]. ARTHUR CHARBONNET.
Notary Public.
IT. A. Fl. WAGNER.
er A. r. GRAEZIN. JR.
A true copv from the original.
Of J.. ARTHUR CHARBONNET.
he Notary Public.
o.. I. the undersigned Recorder Of Mort
ty cages in and for the Parish Of Orlean
ay state of Louisiana, do hereby certify tins
Die the above and foregoing act Of incol
ed p~oration Of the MIRO LAND AND iN
RS, P~ROvEMENT CO. INC. was this da
Dr. recorded in my office in Book No. 12e
he Folio -
hrs New Orleans. La. April 4. 1922.
of (Signed) ROBT. SCOTT,
Gle Recorder of Mortgages.
all Apr. 6-May II