The herald. [volume] (New Orleans, La.) 1905-1953, 1922-02-23
CHARTER

Sary and proper to carry out H.
objects and purposes 'He atOres,,
ARTICLE Iy-The capital s,oo.
corporatl"h Is hereby fixed at tbs vi
forty thousand $4,000 90, d .ne sun
vided into and represented hv ro,lars, a
dred t4OO) shares Of par ,nout b.,
hundred tSlUJ dollars each onIe Of On
paid for in cash. or In pronar, shan i
vices. at such times and in sncSS or sr
determine aud direct eV'Ors IA
No stakeholder Of this corno,..,-
sell or dispose Of his or her staatOn shan
first Offering the same for sol" witAOS,
ing. for period Of ten DAYS 10 IN Wi
stockholders, through the hoarJ Tue OtA,,
tors or the company, who SHAH VI dire
hrst option ana right 10 purchase nave d.
at the actual cash vale therao, ene san.
1911 Oh their failure to exercise .,
right under said option as he's hsb
vided, the stakeholder 50 ofar;no r ein pne
for sale shall have the right r. "is stOa
OF same In the open market Tn uisp0s
directors is specially authOri1aS board
the whole Of said capital stool 70 isNs
part thereot' In exchange for rea, |" ail
OF not less than the REASONABLE al estls
the stock issued therefor. value u
The capital stock Of this
may be increased to the sum 90 pOfstio,
five thousand tS75,00Oj dollars in seventy.
ner as provided for by law. :" the ma
ARTICLE N-The corporate no
this company and the full manasomeS y
its business and affairs shall he vant
and exercised by board OF S,Ned h
composed OF hVe stockholders. aasS'o
whom shall own in his own rigb, eaeh q
! paid and unpledged share OF ~ one fcl
stock; majority of which said capia
| shall constitute quorum for IN ecton
action of all business. tue tfsn&
| Election for directors by the
holders shall be- he'd annually n, s@t
second Monday In September at the A. us
| che or the company, under the uOnt
sion of two commissioners To he ssupetvt
Ell by the president after notice ,bpn.
| 10 be delivered personally or nv Sneot
ing in the post office properly SSSeposl.
to each stakeholder, nj least fiftaan -
before such meeting in accordance r;.,
other provisions of the law. Nh
All elections shall be by baI,o, 49,,
majority of the votes east shall elacs
each share of stock shall be entiti1 aug
one vote. either by proxy or in na,so.
Each board of directors shall. at its -
meeting after its election elect fror, H, l,
number president. a vice-presidaD,A 10
secretary who shall bnis aug
nee until their successors shall baya VI
duly elected. The board shall bavs ns vtea
IN ITS discretion to unite two or mors ~
hces. and the same to confer unon VI
person. P0n Que
The said board shall also have a,
power and authority to borrow maui iul
and through the president. or some ots9h,
duly authorized agent or agents "a W.
ecute mortgages, issue bonds no,as
other obligations in such amount ana W
such terms as In their judgment NAV H.
advantageous, and generally to dc ~
Things necessary for the Droper cor,r,..
on of the business of said Corporation
Any vacancy occurring in said hoard q,
directors shall be filled by the rensin,.s
directors for the unexpired term
The first board of directors shall eops.
Of: Mrs. Charlotte Bolio Martinez. rest
dence No: 1S9S n. Claiborne street, New
Orleans, La, Mrs. Angelina Martinez NJ
Nally, residence No. 1908 n. Claihorn.
street. New Orleans, La, Joseph p. Mar.
tineZ, Jr., residence No. 1912 Annst.
street, New Orleans, La, William 4
Wenck. residence No. 171s First strsst
and Collin f. Mcneil, residence No 10
broadway street, with the said Joseph p
Martinez, Jr., as president: Collin III NJ
Nell as vice-president; and William A
Wenck. as OBSERVATION-DISCLOSURES, who shsu
hold office until the second Monday az
September, 1923. or until their SUCCESSOR
shall have been duly elected and quail
fed. fN.T
ARTICLE VI-The charter of this. co,
poration may be amended at a meeting a,
the stockholders called for that purnoss
by vote of two-thirds Of all its stock.
but change of objects and purposes AZ
fixed herein shall not be made without
vote of all the stock Heretofore issued
nor shall any increase in the capital
stock in excess of the amount named BE-
made without three-fourths vote OF All
of its outstanding stock.
In the event of a dissolution Of the char.
ter of the same shall be made BY tbe
method and manner as provided by law.
Il 90 -L2NI
corporation shall ever be held liable or
responsible for the contracts or faults Of
this corporation in any further sum than
the unpaid balance due on the shares Of
stock owned by him, nor shall any mere
lnformality In organization have the effect
or rendering this charter null or Of er.
posing any stakeholder to any liability
beyond the unpaid balance due on bis
stock.
ARTICLE vIII1The subscribers here.
to have written opposite their names the
amount of stock in this corporation sub.
scribed for by each Of them, so that this
act or incorporation shall also serve as the
original subscription list Of said corpora.
ton.
Thus done and passed in my notarial
office, in the City of New Orleans afore-
said, in the presence Of Andrew H. Bunif
and Edgar Gould. competent witnesses Of
lawful age and residing In this city, who
hereunto subscribe their names together
With the said parties, and me, notary, on
ne day and date set forth In the caption
hereof.
ORIGINAL sIGNED):
MRS. c. b. MARTINEZ, ct ais
Witnesses: Andrew II. Bunif, Z. G.
Gould.
W. A. wENCK.
Notary Public.
i. the undersigned Recorder Of Mort.
.ages' In and for the Parish Of Orleans.
state OF Louisiana, do hereby certify that
he above and foregoing act of incor.
'oration Of the Jose Land Company, In.
was this day duly recorded
n my office in book 1868, folio
New Orleans, La, February LIST. 1922.
tSigned): ROBT. SCOTT,
Deputy Recorder
l true copy:
W. A. wENCK.
Notary Public
Neb. 9-Mch. 18th.