The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-08
CHARTER OF THE YELLOWSTONE
REALTY COMPANY, INC.

That on this 10th day of the month OF
April IN the year Of our Lord, one thous
and, nine hundred and twenty Two, Ahd
OF the Independence OF the United states
of America. the one hundred and forty
silth, before me: John Joseph Jackson,
notary public, duly commissioned ana
qualified III and for the Parish OF Orleans,
State of Louisiana, and therein residing
aud in the presCnC" of the witnesses here
matter named and undersigned, personal
~ came and appeared the several persons
whose names are hcreunto subscribed, and
all of age, they SvNvrally declared; that,
aNaillnE themselves OF the provisions OF
the laws of the State Of Louisiana, in
/ such cases made aud provided and more
, particularly OF Act 26I of the General
Assembly of the State of Louisiana for
the year 1914 they have cOyenanted, con
/ traCted, agreed and bound themselves,
/ aud do by these presents do covenant,
/ contract, agree and bind themselves as
/ well all such persons as may hereafter
! become associated with them, TO form
/ themselves into and constitute a corpora
/ tion and body polite in law, for the OBJ
Jects and purposes and under the supu-
latiuuS herein set forth, which they adopt
as their charter, to-wlt:
/ ARTICLE The name Of this corpora
tion shall be-. the Yellowstone Realty Com
pauy. Incorporated, which may be alb
hreriatcd TO the Yellowstone Realty CO"
Inc.
ARTICLE 1.-THE business, objects and
purposes for which this corporation Is
formed aud the nature of the business to
bt carried on by H. are hereby uetlaEfu
J to Toe TO carry on and operate general
, realty business, the said corporation
shall have the right, power and authority
10 contract; su" and be sued; TO make,
have and use a corporate seal, and the
same to break or alter at pleasure; TO
hold receive, lease, purchase, convey,
pledge and mortgage under Its corporate
name, property both real and personal.
lend or borrow money; TO establish and
maintain out Of its receipts from any
source such special funds MS may be
deemed advisable in order to create sink
ing or contingent or reserve funds TO
cover losses, to name and appoint such
officers and agents as the interest and
= convenience of said corporation may
quire, to make and establish such by
laws. rules and regulations for the proper
management and regulation OK the affairs
r of said corporation as may be necessary
and proper, and the same to change ana
alter at pleasure, To act as the agent for
third persons for the purpose of selling,
purchasing, leasing, mortgagiHg, renting
1 said third persons property. The said
: corporation shall have the right to pur-
chase and own the building wherein is
established their Offices and to hold and
\ own other property in the discretion or
!, the board of directors.
' ARTICLE III-The amount OF the capt.
e tai stock of this corporation Is hereby
n fixed at the sum Of ten thousand HlO,-
n OOOUOl dollars, all common stock, which
V capital stock may be increased to the
l. sum Of twenty-t five thousand (S2j,NOOOD
Il dollars. Said capital stock shall be di-
al Nlded into one thousand ShdreS at a par
IS value Of ten dollars $1,000 each and the
9 said stock shall be paid for when sub
l. scribed or may be issued in whole or In
a part at not less than par for property ac-
s. tually purchased and received by the cor
so pOrRtion. No fractional shares shall ever
a be issued.
OF ARTICLE Iv-The location OF the
be dOmicie OF this corporation shall be In
ne the City OF New Orleans, State OF Louis
lana. and service OF citation and all Other
he legal process shall be made upon the
We president Of this corporation or in cas-,
ng OF his absence or inability to act upon th'
f. vice president, secretary treasurer, In tn
ID. order named. The said corporation shal
en- have and enjoy succession, by and in III
I'd, corporate name for period OF ninety
tie nine years from the date OF this Act.
It ARTICLE y-The business and affair
of this corporation shall be conducted by
to and all the corporate powers vested ~
he and exercised by board OF Director
IN, composed OF three go stockholders to b'
RS elected by the stockholders, annually, b,
ballot, on the fourth (4th) Monday in tn
id month of April OF each year. beginning IL
a the year 1928 or any subsequent date an
n nOunced by the board Of directors, IL
,r- case 10 election shall take pace on sale
W date, after fifteen days notice which
ay shall be given to each stakeholder, b!
he written notice mailed to each stock
"a holder at his last known post Office ad
ne dress; and said electiOn shall be held q
of the office Of the corporation under super
he vision Of two commissioners, appointed b!
IS the board Of directors, at said election
ed each stakeholder shall be entitled to cas-
ge his vote as specified in Section IL Of Ac
ty No. 267 of the General Assembly OF tn
Dr. State OF Louisiana for the year 1914, o
nd amendments thereto. The stockholderi
md receiving Y majority Of the votes cas-
rs shall be declared elected. The board O
Igs directors SO elected shall immediatel
or thereafter proceed TO elect one of IL
ich members to be president, one to be vice
the pres ident and one to be secretary treas
Iay urcr OF the corporation, and they sha
or serve until their successors ae elected an
qualified.
"a ARTICLE yI-The first board OF direc
his stockholders: Otto Sizeler, No. 201 VI
rds lere Street, New Orleans, La; Willial
re- Sizeler, No. 257 Bechtel Ave, Memphi
of Tenn; Herman Joseph Fels, No. 2o1 VI
ion, lere Street, New Orleans, La. OF Il
,re- above named, Otto Sizeler, shall be pres
,re- dent William Sizeler, shall be vice pres
But dent; and Herman Joseph Fels, shall
ers, secretary treasurer, and they snail ser
or until the fourth (4th) Monday OF Apr
at 1923, or until their successors are elect'
Gus and qualified. Any vacancies in the Q
ing fcers or board of directors shall be fill
by the remaining directors.
act ARTICLE VII-Stockholders' msetin
ton or other meetings for the election OF {
of rectors may be held as prescribed
tipg Section 10 OF Act 267 Of the General
ion. semby OF the State Of Louisiana for
hall year Of 1914. any amendments there
the The corporation and the officers a
ton directors shall have all the rights a
paid powers, and this corporation may
the amended or dissolved, or its affairs HQ
by dated, as provided for by the provisiC
the OF Act 267 OF the General Assembly
der the State OF Louisiana for the year 10
sing or any amendments thereto.
ARTICLE IX-No stakeholder sh
COT ever be liable or responsible for the c.
iua tracts or faults Of this corporation In q
al further sum than the unpaid balance
su the stock subscribed for by him, nor sh
!, " any mere informally in its organiZat
WI serve or tend TO have the effect OF rend
,ulu ing this charter null or exposing a sto
go holder to any liability other than as he
Said in provided.
ffice ARTICLE X-The subscribers h
alton hereuntO written opposite thelr names
In amount OF stock in this corporation q
com scribed for by them, each OF them,
v TO that this Act OF Incorporation may
COM serve as the original subscription list
and the corporation
the Thus done and signed, In my office
oner the City OF New Orleans, State Of Lot
lana on the day and in the mo
'rigi- and year hereinabove first writ
ibers in the presence OF J. Alma Pint
re- and Alfred ]. Bonomo, competent
lares nesses, residents OF this city and st
sub Of age. who have signed their names h
unto together with the said appear
'ffice and me, notary, after due reading Of
,sald' whole.
IooNe ORIGINAL, SIGNFDl.