The herald., 1922-09-07
CHARTER.

| (SlOOOO) each, payable III CASH. pIOP
| erty or for good Will.
The corporation shall commence do
ing business as soon as Five Thousand
| Dollars of the capital stock shall have
been subscribed and paid Tor.
Any stakeholder may sell, assign or
transfer his stock in this cOrpoTatlsn'
provided thirty days notice OF SuC'
intention to sell. assign or transfer inc
| same be given the company, ana the
Otncr stockholders shall have the lITSl
privilege Of purchasing same at DOOh
value after which thirty days notice
the SAID stock may be sold IN open
ARTICLE ". The domicile of the
SAID corporation shall be in the city
! OF New Orleans, state OF Louisiana.
The president or, in his absence, the
vice-president shall be the proper per,
| son upon whom citation or other legal
| process shall be served.
| This corporation, unless sooner dis
solved, shall exist and continue for the
period OF nInety-nIne years from ana
| afLrA the date hereof
AATICLE V. All corporate powers
| shall be vested in a Board Of Directors
! com tbsed OF not less than three stock
! holders. The Board Of Directors may
I'LL vacancies IN their number, how
ever caused, by election from among
| the stockholders.
consist of Mrs. Harry y. STAGE, VINO
! shall be president. and whose pOstofflce
/ address Is No. 1851 Magazine street,
/ New Orleans, Arthur V. Robertson.
/ VINO shall be vice-presideut. and James
/ j. Landry, who shall be secretary
| treasurer, and whose pOstUffIco ad-
dress is No. 1854 Magazine street, New
said board shall continue in office
until January ,, 1923. on which date
and thereafter annually Board Of
Directors shall be elected on the second
day Of January OF each year unless
the same shall be a legal holiday, when
the election shall be held on the next
! legal day thereafter.
The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as the affairs and bus
mess Of the corporation may require,
and as 1t may deem necessary for the
conducting and management thereof.
ARTICLE VI. This charter may be
amended and the capital stock Of this
corporation may be increased or de
creased, or the corporation may be dis
solved in the manner and method pro-
ARTICLE VII No stakeholder shall
ever be held liable or responsible for
the contracts or faults OF this COrpOr-
auon IN any further sum than the I'M
paid balance on the stock for which
he has subscribed, nor shall any mere
iniOrmalIty IN organization have the
effect Of rendering this charter null
or Of exposing a stakeholder TO any
liability than as above provided.
ARTICLE VIII Whenever this cor
pOratIOn shall be dissolved, whether
10y limitation or from any other cause,
the affairs thereof shall be NquIdated
by three stockholders to be elected and
qualified in the manner provided by
law. And they shall continue in office
until the affairs of this corporation
shall have been fully settled and hquI-
dated. In case Of the death of one OF
the liquldatOrs, or his refusal or in
dblIlty 10 serve, the remaining Nqul-
ddtOrS may themselves proceed with
all the power and authority vested in
the full membership.
The present incOrpOratOrS, in sub.
scribing for the respective number of
shares of the capital stock of this cor
pOratlOn as set forth after their names
have made full and complete payment
Tor same in cash, except as follows:
Payment Tor $1,000 of the amount
subscribed by Mrs. IL. O. STAGE has
been made and accepted by the present
Board of Directors at q fun valuation
made by them, in the property and
ltemlzed statement of its value thus
placed by the directors, following:
Real estate consisting of the follow
Item /. Two CD certain lots, or
parcels of land, lying, situated and be-
ing In the city of New Orleans, state
uIarly described as lots Nos. 20, 20.
IN square No. lO2, on the map of the
New Orleans Land COmpany's land.
the same in size and location to be
OF lots on file in the City Engineer
ONCE of said city of New Orleans
Lots Nos. 20 and 70 measure each 20
feet front on St. Louis street by
depth between equal and parallel lines
OF i22.I5 feet towards Memphis street
IN the square bounded by Mouton and
Rldse!ey streets. Lot No. rs forms the
corner of st. Louis and Ridgley streets
which item is taken at a valuation of
100000.
Acquired by Mrs. Olga Svideue STAGE.
phernal funds. from the New Orleans
Land Company, by act before j. c.
y COnner, Notary Public, by acknowl-
edgment before him on July Z, 1921,
ana registered on same day in Con-
veyance Office, book 341, folio 1876.
Item :. Two CD lots, or parcels of
land lying, situated and being in the
city of New Orleans, state of Louis
lana, and being more particularly de-
Scribed as lots Nos. % and ~, in square
%. on the map of the New Orleans
Land Companys land, the same in size
ana location To be in accordance with
said map or plan of lots on file in the
CITY Engineers office of said city of
New orleans. Lots % and - measure
by depth Of l20 feet between equal
and parallel lines towards West END
boulevard, IN square bounded by Con-
rad and Walker streets. which item is
taken at valuation of $4,000.
Acquired by Mrs. Olga SvidelIe STAGE.
wife OF Harry .. STAGE. with her para
phernal funds, from the New Orleans
Land Company, by act under private
signature, dated March s, 1915, duiy
acknowledged on March 8. 1915, before
John wagner, Notary Public, and reg
folio 1888. -''
Item 3. Five 60 certain lots Of
ground in the parish of jefferson, state
OF Louisiana, in Metairie Heights Sub
division, designated as lots Nos. 1871.
1873 l95, 1871 and 1919, on a certain plat
drawn by Walters & Daniel, surveyors.
annexed to an act of deposit before
Gustat K. Westfeldt. Jr., in the city
OF New Orleans, under date of May
20. 1913, according to which plat said
lots measure each 25 feet front on
Metairie Heights avenue by l25 feet
IN depth, between parallel lines
Acquired by Mrs. Olga Svidelle. |
wife of Harry o. STAGE, with her para,
thermal funds, from the Fidelity Land |
company ltd, by act before VIM j. |
Formento, Notary Public, dated Nav
IL: 1914. registered in Conveyance |
Offlce book 40, folio -. parish of JEFF |
ferson, which item is taken at a val |
uation of $4,000.
Item 4. Three 60 lots of ground. |
together with all improvements there |
on, and all the rights, ways, privileges.
servitudes and advantages therennto
belonging or in any wise appertaining
situate in the town of MandeviIIe
parish OF st. Tammany, state of Louis
iana' designated by Nos 65, sc and 81
IN square bounded by Coffee, Mathis
Livingston and the property of the
New Orleans Great Northern Railroad
anu according to map of subdivision !
OF double square No. 81, filed in the
OFFICE or the Clerk of Court and RE-
forder Tor the parish of St. Tammany.
-oulSlaha, said lots adjon and measure