The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-16
CHARTER

sary and proper 20 carry on, -
objects ana purposes. tue atore,,,
ARTICLE IV-The can,,o,
| corporation is hereby fixed 80 s'oek Of A.,
forty thousand $40 900 90, At me sun
| yided into and represented eolars
| dred tiOOl shares Of a par Tour In
hundred $500 dollars each ,si9e Of 3.
| paid for in cash. or in pron ana shslT
vices, at such times and in sraty or H.
determine and direct. directors M
No stakeholder ~ this corno,o.
sell OF dispose OF his or her stoct ssu
ing. FOR period of ten DAYS ~, IN WI
stockholders, through the bos,S Ae otAs
| tors of the company. who sbauu OF dr.
FIRST option and Ii-ut 10 purcbaina nave b,
| at the actual cash vale tbase Tie san,
event Of their failure To eTasor In n.
right under said option ss Use hg,
| yided, the stGghhulier 20 ofTerins t I'm pn.
lot SAFE Sh5li have the right 70 "S :, soCt
of same In the open marker ~ cispos
directors is specially authori,dSs DOart q
the whole Of said capital stoci. 70 iN.
part thereof. in exchange for OF u,
of not less than The REASONABLE aeal estls
the stock issued therefor value
The capital stock Of this oo
may be increased % the sum 90 pOfatn
five thousand $4,000 dollars IN ,seVenp.
ner as provided Tor by law. =" Tue ma
ARTICLE V-The corporato
this company aud the full powers
its business and affairs shall he uent
ana exercised by a board OF S,.'N
composed OF hFe stockholders. aatst
whom shall own in his own ri.t. each q
paid and unpicdged share ~ ~ one III
stock; majority Of which saiS eaptS
shall constitute a quorum for ~ uHecoa
action of all business. Tue tfSas
Election for directors by tbo
holders shall BE- held annnaIIr stott
second Monday in September At ,h VI
Gle OF the company, under the snt uOnt
SION OF TWO commissioners to be sntperh
ed by the president, after notice e.ppoli,
to be delivered personally or bv Ssnefeot
ing in the post office, properly SSsspOSt
TO each stakeholder, at hast fiftsaa esse
before such meeting in accordarenn oan
other provisions of the law. VIZ
All elections shall he by balIo,
majority of the votes cast shall slaos aug
each snare or stock shall be eptitIsas ~ !.
one vote either by proxy or in nsrso,
Each board Of directors SHAH 81 Ps~e
meeting after its election elect t, 10y nv
number president. vice-presdaOO.. q
a secretary-treaSurer who shall nj. ea
nee until their successors shall bornI
duly elected. The board shall hara yea
in its discretion to unite two nv rr. pOss
noes, and the same to confer unon VI
person. ~pVn Oh
The said board shall also bovo A.
power and authority to borrow mos ~
and through the president or soms O,sv
duly authorized agent or agents ~ S- "
ecute mortgages, issue bonds. mott.
other obligations in such amOnnt 40
such terms as in their Judgment NAV
advantageous, and generally to a. y
things necessary for the proper carrv,s.
on of the business of said corporstio1
Any vacancy occurring in said board a,
directors shall be filled by the remsS,..
directors for the unexpired term A'As
The first board Of directors shall con,,.
OF: Mrs. Charlotte Bolio Martinez ,sT
dence No. 1898 n. Claiborne street ~.
Orleans, La, Mrs. Angelina MARITIME, NJ
Nally, residence No. 1908 n. Clsiba-,.
street, New Orleans, La, Joseph p M,
tinez. Jr, residence No. 1912 Anuetp
street; New Orleans, La. William 4
and Collin L. Mcneil, residence M N
broadway street, with the said JOseuh ;
Martinez, Jr., as president: Collin E, M
Neil, as vice-president; and William A
Wenck, as secretary treasurer, who sh,H
hold office until the second MONDAY a.
September, 1923. or until their successs,,
shall have been duly elected and Ou,I.
fed. s''~
ARTICLE vI-The charter OF tbi, M,
poratiOn may be amended at a meeting A
the stockholders called for that purposs
by a vote of two-thirds of all its stoci:
but change of objects and purposes 4,
hXed herein shall not be made without a
vote Of all the stock Heretofore issus
nor shall any increase in the capIt,l
stock in excess of the amount named "
made without three-fourths vote Of al
OF its outstanding stock.
In the event of a dissolution of the char.
ter OF the same shall be made BY Tie
method and manner as provided By law,
ARTICLE VINO stakeholder OF this
corporation shall ever be held liable or
responsible for the contracts or faults oi
this corporation In any further sum thm
the unpaid balance due on the shares Of
stock owned by him, nor shall any nsn
informality In organization have the effect
OF rendering this charter null or Of e..
posing any sSckholder to any liability
beyond the Unpaid balance due on hk
stock.
ARTICLE vIII-The subscribers herr.
TO have written opposite their names the
amount of stock in this corporation sub
scribed for by each of them, so that this
act OF incorporation shall also serve as the
original subscription list Of said corpon.
ton.
Thus done and passed in my notaril
office, in the City Of New Orleans afors-
said, in the presence of Andrew H. Bunf
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
the day and date set forth in the caption
hereof.
ORIGINAL SIGNED):
MRS. c. b. MARTINEZ. ct ais
Witnesses: Andrew H. Buniff, Z. g.
Gould.
W. A. wENCK.
Notary Public
/, the undersigned Recorder Of Mort
cages, in and for the Parish of 0rleans
State Of Louisiana, do hereby certify that
the above and foregoing act Of incor.
poration Of the Jose Land Company, IN.
corporated, was this day duly recorded
In my office in book 1888 folio =.
New Orleans, La, February LIST 1872
(Signed): ROBT. SCOTT,
Deputy Recordef
A true copy:
W. A. WENCK.
Notary Public
Feb. 9-Mch 18th