The herald., 1922-12-21
CHARTER OF
ROCCO REALTY AND IMPROVEMENT
Nov. 16- Dec. 81

State of Louisiana, Parish Of Orleans.
Be it known that on this first day or
September, in the year of our Lcrd, one
thousand nine hundred and twenty-five,
before me, Michel Provosty, a notary
public, duly commissioned, sworn and
qualified. in and for the parish Of Or
presence of the witnesses hereinafter
named and undersigned, personally came
and appeared Marie Rose Rocco, Michaela
Rocco, Joseph Peter Rocco and Louis j.
Tore, all Of full age of majority and
residents of the city of New Orleans, who
declare that desiring to avail themselves
of the provisions of the laws Of Louis
lana in reference to the organization of
corporations they do hereby form them
selves and such other persons as may
hereafter become associated with them
into a corporation and body polite for
the objects and purposes and under the
following articles, tO-wit:
ARTICLE l. The name and title Of
this corporation shall be The Rocco
Realty and Improvement Company, lncor-
pOrated, and under its said corporate
name it shall have the power and au-
thority to contract, to sue and be sued I;
to make and use a corporate seal, and
same to break and alter at pleasure; to
acquire by purchase or otherwise hold,
receive, purchase, ALLEVIATE, improve, sell.
borrow on, pledge, mortgage and hypoth-
ecate under its corporate name, property,
real personal and mixed; to name and
| appoint such officers, directors, agents
and managers or employees as may be
to fix their compensation, If any; to
make bylaws, rules and regulations for
the management of its affairs; to conduct
business in this state and other states.
| territories and countries; to purchase,
acquire, hold. dispose Of and sell stock
| In other corporations, and to collect divi-
bends on the same, and to do all things
necessary, proper and desirable to carry
poration. Unless sooner dissolved, under
the provisions Of this charter. the said
corporation shall exist and continue for
| period of fifty years.
ARTICLE ii. The domicile Of said
corporation shall be in the parish Of
Orleans, state of Louisiana. The presi-
or in the absence of both the above off,
GERS, the secretary Of this corporation
shall be the person upon whom citation
or other legal process shall be served,
poses for which this corporation is to
be organized and the nature of the bust
ness to be engaged in by 1t are de-
clared to be the buying, selling, leasing.
sub leasing, for money, rent or other con.
sideration, of real estate, both improved
and unimproved the buying, selling and
otherwise disposing Of lands, to construct
and maintain buildings and residences,
and to mortgage the buildings and real
estate at pleasure; and generally to do
all things necessary to carry out the pur-
| bOSas above enumerated.
| ARTICLE ". The capital stock Of
his corporation shall be Fifty Thousand
Dollars (S50,00O00), divided into and rep
resented by Five Hundred 5000 shares
| of the par value of One Hundred Dol
| lars ($100.O0) each, which said stock shall
be paid for in cash at the time of issu-
| ance, or it may be issued at not less
| than par, in payment or in exchange for
property or rights actually received or
purchased by said corporation, or il may
be paid for by promissory notes of fairly
solvent parties equivalent to cash and
accepted by said board as such equiva-
lent. and at not less than par value OF
said stock, or for such other valuable
considerations or service actually rem,
dered as the Board Of Directors Of said
corporation may determine.
| The capital stock of this corporation
| may be increased to Five Hundred Thou
sand Dollars $500 000O0), in the manner
The names and postoffice addresses of
the subscribers of the articles of ineor-
poration and the number of shares each
Mary Rose Rocco, New Orleans, La.
president; Michaela Rocco, New Orleans.
La. vice president; Joseph Peter Rocco
Few orleans k ss
of this corporation shall be exercised by
Board of Directors who shall be stock
holders in this corporation, and who
nually at a general meeting to be held
on the third Tuesday in January, and
the said board shall have and Is hereby
vested with all the corporate powers snc q
restrictions as may be herein mentioned
From the said directors there shall be
elected annually a president and vice.
president, and there shall also be elected
a secretary treasurer of the said corpor-
alton, who need not be stakeholder or
directors therein. The following persons
each of whom are and who each declare
themselves to be bona 6de owners Of at
least one unpledged share Of stock In
this corporation shall constitute the first
Board Of Directors. to-wit:
Mary Rose Rocco, president; Michaels
Rocco. vice-president; Joseph Peter Rocco
The said Board Of Directors above
named shall continue in Office until theil
successors are elected. Each Board Of
Directors at the first meeting after theil
election shall elect officers for the cor
poration as hereinab0ve provided. who
shall likewise hold office for one year
i Notice Of stockholders' annual meeting
must be delivered personally or by de-
posting same in the postofnce, properly
addressed to each stakeholder at least
fifteen days before such meeting. OtheI
ordered By the Board Of Directors, OF
the holders Of at least thirty-nve pei
cent Of the outstanding stock, after NO
-