The herald., 1922-04-20


lana. Parish of Orleans, City of New Or
leans, ON this. the 25th day CT March.
1922 before me. John ]. Reilley, notary
public. in and for this Parish and State,
personally came and appeared; The sew
cral persons whose names are hereunio
subscribed. who declare that availins
| themselves of the laws of this state, pa--
ticularly Act 267 of 1914, they have agreed
| among themselves and such other persons
as may hereafter join with them. to form
corporation under the following terms
conditions and stipulatiOns:
| ARTICLE THE name Of this corpora
| tion is III. 7. Parks x Company. Inc.
| Ii shall have power to sue and be sued
and to enter into contracts, to establish
| bylaws and make regulations for the
| mana cement of its affairs; ii shall exist
! for period of ninety nine years, unless
| sooner dissolved; its dOmicile shall be IN
| the City of New Orleans; citation shall De
| served upon the president, or, in his alb
| sence, on the secretary treasurer OF the
! company.
| ARTICLE 1.-THE objects and purposes
| are to do general contracting business
| to build houses and to grant, sell, lease
| or mortgage same; to borrow money and
| to give the necessary security therefor
with full power to do and perform all acts
| in connection Herewith and germane there
| to. including the right TO purchase ana
| sell property. real. personal and mixed.
I ARTICLE III-The capital stock is fixed
| at 100000 all common, divided into hfty
shares, par value $4,000 each. This cor
poration shall have the right to commence
business when fifty per cent of it's CAPT
tai stock shall have been subscribed. The
| riuit is reserved to increase the amour,
of itS capital stock to S25.O0OoO. Al
transfers Of stock shall be made on th'
books of the company on the surrender OF
the outstanding certificates and pursuant
to such rules as the board of directors
may prescribe.
! ARTICLE Iv-The business of the cor
- nv ard N
three directors. two of whom shall con
stitute a quorum for the transaction o
business. The board shall elect from IT.
number a president, a yice-president ant
a secretary treasurer. the latter Offices Il
be combined. The board shall have full
and complete control of the business af
fairs and property of the corporation. An!
vacancy on the board shall be filled by tG
remaining members for the unexpirr,
term. The first board Of directors shal
|, be composed of: ii. T. Parks. presiden
and general manager; l.. c. deLeon, vice
, president: Miss Vivian deLeon, secretary
treasurer; which said board shall serv
until the first meeting of the stakeholder
, or until their successors are elected on I'll
, | second Monday Of March, 1923, and annu
ally thereafter. All elections shall be D.
ballot and each share OF stock shall b
entitled TO one vote, whether cast In per
ARTICLE v-This charter may b
, changed altered or amended, and the cor
poration may be dissolved or Hquidat
in the method and manner pointed out b
. Act 267 of 1914.
ARTICLE VINO stakeholder shall eve
: be held liable or responsible for the con
tracts or faults OF this corporation In an
further sum than the unpaid balance du
1.-THE corporation on the shares owned b
= him. nor shall any mere infOrmality In oil
ganization have the effect of rendering tn
charter null or exposing any stockholdt
to any liability beyond the amount Of h
unpaid stock.
: Thus done and passed. in my Office
:. the City of New Orleans, State Of Louis
lana. in the presence Of Joseph A. Case
: | and Ben. HOcke, competent witnesses r.
| siding in this city, who hereunto sig
| their names with said appearers and IN
notary after a due reading Of the Who'll
on the day, month and year first abo'
| written.
!. Witnesses: Jos. A. Casey. Ben. Hook
JNO. J. REILLEY.
j. Notary Publ
/, L. the undersigned, Recorder of Nor
y cages for the Parish Of Orleans, State
: Louisiana. do hereby certify that q
above and foregoing charter Of III.
Parks & Company. Inc.", was this d;
I" duly recorded in my office in Book 12t
folio 100.
New Orleans, La, March 9th. 1922
ROBT. SCOTT.
Deputy RecOrdt
JNO. J. REILLEY.
(SeaD: Notary Publ
IT,