The herald., 1922-06-15

ShAhI6h w
HOTEL. INC.
United States Of America. state o
Louisiana, Parish of Orleans, city O
New Orleans BE il 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, dEly com
miSSioned and qualified in and for tn,
above city, parish and state, therein
residing. and in the presence of the wit
nesSes hereinafter named and under
signed: Personally came and appeared
the several persons whose names arr
hcreunto subscribed. who declared that
they are of full age Of majority ano
awaiting themselves of the laws of the
State of Louisiana, relative to the or
Eanization of corporations. in such
cases made and provided, they cOnsti-
tUte themselves. their associates, sue
ceSsOrs and assigns. corporation I'M
der the StipulationS herein set forth
which they adopt as their charter, to-
Wit.
ARTICLE I-Name-The name OF
this corporation shall be The Louisian
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
accessories deemed convenient or adj
Nantageous in connection with the
operation Of such hotel or hotels.
ARTICLE UI-POwers-This cor
poration shall have and enjoy all
powers and privileges granted corpora
tions under the laws of Louisiana.
ARTICLE IV-Capital Stock-The
hereby fixed at twenty thousand dol
lars (S2O,00000), which may be in
creased 10 fifty thousand dollars $50
100000. hivided into shares of a par
value Of one hundred dollars (SlO0. 0OD
each. All of the said stock shall be
common stock. This corporation shall
Ice authorized to do business when
fifty per cent. of it's fixed capital
stock shall have been subscribed for
ARTICLE V-DomiciIe-The domi-
cile of this corporation shall be in the
City Of New Orleans.
ARTICLE NI-Duration-ThiS cor
poration shall exist and have success
sion for a period of ninety-nine years.
ARTICLE NII-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 VIII-Board of Directors
The affairs of this corporation shall
be administered by 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 1923
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 Vice-president, and treasurer
ana a secretary. which two last offices
may he combined in one person by re-
solution adopted at any annual stock
holders meeting.
ARTICLE IN-Powers of President
The president of this corporation
shall have authority, without further
authority 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 corpora ton
ana the business operated by il and in
MS said capacity shall have control of
the policies of the corporation and
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 NAV be
ieemed by him necessary for the pro-
motion OF the interest of the corpora
lion and the full accomplishment of the
powers hereby vested in him.
ARTICLE X-Officers and Board
The following shall constitute the first
board of directors and officers of this
to serve until the first an
nual meeting of stockholders in 1928
IS herein fixed, or until their success
Michael, president: Mrs H. A. Michael
Sol. Weiss secretary
ma treasurer; Miss A. Nevot and ]. IL
NnObloCh.
ARTICLE XI-Subscriptions - The
to the capital stock of this
corporation have hereunto signed their
names and addresses and the number
VI shares subscribed for by each. and
I is declared that all such subscrip-
ions have been fully paid for
ARTICLE NII-Issuance of Stock
\o stock of this corporation shall is
'ue except in consideration of cash or
property adapted to the uses of this
or valuable services actu
'lly 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 XIIT-Transfer of Stock
so share of stock in this corporal ton
mall be sold until II shall first have
'een rendered to this corporation in |
writing tru its board of directors and
80 Uni ~ nays nave elapsed Hollow |
ng the receipt of such notice to said
oard. In the interim this corpOration
hali nave the right TO purchase such |
took at book value and the holder is |
ounded TO sell same to the corporation !
Z 10 Such transferee as may be desig- |
ated and at such valuation.
No transfer shall be valid unless the |
roVlsions of this article shall have |
cen complied~with: and this corpora-
ion shall not be bound by any transfer
Mess entered and of record on a.
ooks.
All certificates Of stock issued bv
ms corporation shall bear printed
cross the face thereof the notation:
issued and transferable only in. strict
Ccordance with the provisions of the
On."
ARTICLE XIV-Amendment of Char
er.Thls charter may be amended at
special meeting of stockholders held
lter tlfteen t15) days call and on vote
three-fourths Cd of the outstand-
ARTICLE XvLDissolution - This
Drporatlon shall be liquidated upon a
iree-Iourths of the outstanding stock
special meeting of stockholders
Inmoned by fifteen C5) days written
otlce The stockholders at such meet
" snail have the right by majority
pie TO appoint liquidatorsa and fix the
over authority and conditions of the
ppolntment of such liquidators and
le hethod and details CT the liquida-
Thus done and passed. in nv office
the city of New Orleans, La, on tho
~ month and year first above writ
N, In the presence of the under
: nea competent witnesses, residents