The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-25

AOTEL. Inc.
| United States of America. State ,
Louisiana. Parish of Orleans. CITY
New Orleans, BE il known. that on tn
| third day of the month Of May in II
year of our Lord, one thousand. mir
hundred and twenty-five. Before IN
Sol Weiss, notary public, duly con
mlSSlon"d and qualified I'm and for n
above city. parish and State. therei
residing. and i'm the presence of the Wi
| neSSeS hereinafter named and under
signed: Personally came and apPeare,
| IN" several persons whose names ar
hereunto subscribed. who declared tina
they are of fun age of majority AN
! awaiting themselves of the laws of tn
| state OF Louisiana. relative to the or
| ganlZatiOn of corporations in sue
! cases made and provided. they consti
| tute themselves. their associates. sue
/ crSS"rS and assigns corporation un
| der the stipulations herein set forth
| which they adopt as their charter. to
| wit
ARTICLE -Name-The name o
this corporation shall be The Louisial
Hotel Incorporated"
ARTICLE II-Objects and Purpose.
- ne objects and purposes of this cor
poration are hereby declared to be:
To own. lease or otherwise acquire
ana To operate and conduct hotel oI
hotels IN the State of Louisiana. and t.
acquire and own and operate, directly
or indirectly. in connection with such
hotel or hotels. all appurtenances OF
accessories deemed convenient or al.
Nahtageous in connection with the
operation of such hotel or hotels
ARTICLE IlI-Powers-ThiS cor
p"ration shall have and enjoy all
powers and privileges granted corpora
uonS under the laws of Louisiana.
a A,kIICtE lV-Gapital Stock-The
hereby fixed a. twenty thousand dol
lars 100000 00D, which may be in
creased 10 fifty thousand dollars $50
oO0.OO). divided into shares of a par
value OF one hundred dollars $500 OOD
each. All Of the said stock shall he
common stock. This corporation shall
be authorized to do business when
nifty per cent. of its fixed capital
stock shall have been subscribed for
ARTICLE V-Domicile-Th domi-
ellie of this corporation shall be in the
city of New Orleans.
ARTICLE NI-Duration-This cor
poratlon shall exist and have success
sion for period of ninety-nine wears.
ARTICLE NII-Service of Process
service of process shall be made upon
me president of this corporation and
IN MS absence. upon any other officer
ana otherwise according to law.
ARTICLE VIII-Board of Directors
= me at1alrs or this corporation shall
be administered by a board of direc-
nor more than seven stockholders. elect
ed annually on the third Monday in
May OF every year beginning in 1929
hrectors and officers shall hold office
lntli their successors shall have been
elected and qualified. Vacancies on
the board shall be Immediately filled
al a special meeting of stockholders
leld after fifteen days written notice.
p II snail be elected annually by
me board from among their number
Hithin thirty days after their election.
The officers shall consist of a nresi-
tent. vice-president. and treasurer
ma a secretary which two last offices
nay be combined in one person by re-
solution adopted at any annual stock |
folders meeting.
ARTICLE IX-Powers of President
.The president of this corporation |
mail have authority. without further
or resolution. to sign on be-
ail OF this corporation. checks. drafts |
Otes, contracts, acceptances, leases or |
ther instruments or documents relat- |
ng or appertaining to or affecting the ,
BUSINESS or property of this corpora-
ion.
The president shall also be the gene
al manager of the said corporation
nd the business operated by it and in
is said capacity shall have control nf
ne policies of the corporation and
nail have the authority to hire and
lsmiss agents and employees of the
orporation. and. in general. shall have
eemed by him necessary for the nro-
lotion of the interest of the corpora-
on and the full accomplishment OF the
overs hereby vested in him
=, AkTiCLE N-Officers and Board
ne following shall constitute the first
para or directors and officers of this
to serve until the first an
1ai meeting of stockholders in 1929
nereln liked. or until their success
,rs are elected and qualified. IT
lchael, president; Mrs. H. A. Michael.
ce-president: Sol. Weiss. SECRETARY
I'd treasurer: Miss A. Nevot and ]. III
ARTICLE XI-Subscriptions - The !
disorders to the capital stock of This
have hereunto signed their I
'mes and addresses and the number {
shares subscribed for by each. and !
is declared that all such subscrin- 7
ms have been fully paid for. /
ARTICLE NII-Issuance of Stock 7
STOCK OF this corporation shall is 7
e except In consideration of cash or q
upere! adapted to the uses of this i
" rendered to it. Any property trans v
req TO this corporation in considera- s
IN Tor It's stock is inventoried and {
praiseu on the exhibit attached here o
according to law. a
XIII-Transfer of Stock
snare or stock in this corporal ton e
an be sold until IT shall first have Il
en- sI rendered to this corporation in Il
-er thirty days have elapsed follow s
the receipt of such notice to said N
ard In the interim this cornoration | n
al nave the right to purchase such OF
ck al DOCK value and the holder is bi
ihded TO sell same to the corporation
TO such transferee as may be desip- u,
.ed and at such valuation m
NO transfer shall be valid unless the II
VISIONS or this article shall have m
n compiled with; and this corpora fC
snail not be bound by any transfer pI
ks VII its y.
III certificates of stock issued bv IS
corporation shall bear printed er
oss the face thereof the notation: DC
sued and transferable only in strict de
oIuahce with the provisions of the De
rIer and bylaws of this CORPORA
pr1cr tn
LILLE NlV-Amendment of Char aft
ms charter may be amended AT co
pecial meeting of stockholders held di
n 1l1teen G5) days call and on vote ne
nree-fourths Cd of the outstand- an
5wyHr, DO
RTlCLE XV-Dissolution - This tic
'oratlon shall be liquidated upon tn
'lution to that effect adopted nv an
,e-1ourths of the outstanding stock DIR
'mon peGl hr f meeting Of stockholders da
ce; The stockholders at such meet
snalI nave the right by majority ais
10 appoint liquidators and fix the lis
er, authority and conditions of the ms
eminent of such liquidators and am
nhethod and details of the liauida- the
nus done and passed, in nv office in
ne city of New Orleans, La. on The Sta
month and year first above writ he,
IN the presence of the under enc
ed competent witnesses. residents Gle
ms CITY, VINO have hereunto signed un
names, with said appearers and pea
notary. after reading OF the whole Ing
,RIG1NAL SIGNED):