The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-11
CHARTER OF THE W.,
REALTY COMP,>y oHslg

Louisiana. Parish of orIa,Nd SIR.
nat ON This 10Th day ~ De Il
AprlI IN the year of our Ie R0r,
anu mn" hundred and tvu oae
OF III" Independence of N" eInty-tES
"i -Nll'fi'd the one hund,.S llec \,
NlAth, before me. John iu and
A"ldIE public, duly com a ia.
Hh"iiird IN and for the Pa.i ss0nr5
stat" OF Louisiana. and tnSu Of Ola
anu III lur PRESENCE of the y,i.il IN, r.
matter named and und.rsi,'.nesSes M
~ cam" and appeared tbs ueu' PIN
WHOSE naHrS are hrreun,o era "a
All uI age. they SeyrrgIIv JoShOe
awaiting themselves of H. uevlafet 4
tue Laws of the State ~ PIOtSau
Sd'h 'd>r> made and provia --vvlsin
particularly OF Act 26I q, and q
Assembly of the State of ue %
the Year 1914. they have r-Oulslaa
Irartrd, agreed and bound
ana do 10y these present ! Aensa.
contract. agree and bind ~ eo'as
wei Is all such persons AZ mensels
h"'olu" associated with IL! aefas.
themselves into and cOnStitn,n n
( tloh dud body polite in law %, Wa
J"'t> and purposes and und1"i d
iatI"nS herein sci forth. which ~, as u
as their charter, to-wit: "sy a
ARTICLE The name % -,
ton shall be-. the Nellowstona pl @cla
+ PdHy. Incorporated. which neaiIl Ga*
/ hreTlaied to the Yellowstone .
Inc. Neshg
ARTICLE 1.-THE business All,
. purposes for which this co,n OO!sa
I formed and the nature Of tho SaaHaA
/ l." carried on by it, are herein Co'aes
L" De To carry on and operate u~s
4 realty business; the said co,, sar
/ >hAll nave the right, power ana w
10 contract; sue and be sued.
nave ana Use corporate seal -
same 10 break or alter az pls,s-.
/ hold, receive. lease, purchase
/ pledge ana mortgage under its o..o.
name. property both real and NY.
lend or borrow money; 10 eStah;.s
maintain out of its receipts f,aH
source such special funds AZ
deemed advisable in order 10 eras,s
ing or contingent or reserve fr,,'
cover losses; 10 name and abnoir,
Officers and agents as the ip,s,s.. =
convenience of said corporatiop ~,
qulre; 10 make and establish snS
laws. rules and regulations for ina -
management aud regulation on ths ~
of said corporation as may be pa. -.
and proper. and the same 10 eh,Ssa
alter at pleasure, to act as the ,,s,, /.
third persons for the purpose az ~.
purchasing. leasing, mOrtgaging ,s-s
said third persons property. Ths !.
corporation shall have the right IA !.
chase and own the building Vhs,t
established their Offices and 10 hSI -
own other property in the discrptr Il
the board of directors.
ARTICLE III-The amount Of IN. a.
tai stock of this CORPORATION IA -.
fixed at the sum OF ten thousand I'M
OWVO) dollars, all common stock NJ.
capital stock may be increased /, N
sum of twenty-five thousand (sSms
dollars. Said capital stock shan h n
yided into one thousand shares Al n
value Of ten dollars $1,000 each. and N
said stock shall be paid for when u
Scribed or may be issued in whoIe a n
part at not less than par for prODerI n
tually purchased and received by the o.
pOratiOn. No fractional shares SHAH =,
be issued.
ARTICLE IV-The location q 4
dOmicile of this corporation shall h l
the City of New Orleans, State Of Ian
lana. and service of citation and ali Vis
legal process shall be made upon b
president of this corporation, or 10 a.
of his absence or inability to act up6 b
vice president. secretary-treasurer n 4
order named. The said corporation sl
have and enjoy succession, BY and II !
corporate name for a period Of nrsI
nine years from the date Of this Act
ARTICLE v-The business and AFR
OF this corporation shall be conducted b
and all the corporate powers yestd
and exercised by board Of diruir
composed of three 90 stockholders 10
elected by the stockholders, annn2lly,
month of April of each year. beginning
the year 1928. or any subsequent dat .
nounced by the board Of directors
case no election shall take place On q
date. after fifteen days notice VIZ
shall be given to each stockholds,
written notice mailed to each go
holder at his last known post once
dress; and said election shall be hk
the office of the corporation under as
vision of two commissioners, appoints
the board of directors, at said eietn
each stakeholder shall be entitled 70 a
his vote as specified in Section II
No. 261 of the General Assembly u
State of Louisiana for the year Dh
amendments thereto. The dockaea,
receiving majority Of the votes
shall be declared elected. The oo,n
directors so elected shall imneas,
thereafter proceed to elect one u
members To he president one 70 y
president and one to be secretai!'uas
urer of the corporation, and tne, !.
serve until their successors se eel'a
qualified.
ARTICLE VI-The first board Of y.
tors shall be composed OF me iS ~,
stockholders Otto Sizeler, NO, n, WaH
; lere Street. New Orleans, La ~.
. Sizeler, No. 257 Bechtel ave. n,
? Tenn: Herman Joseph Fels No. ~
lere Street. New Orleans, La. ", a.
. above named, otto Sizeler shan ~, =. =, -
dent: William SiZeler, SHAH Dc va ~
dent: and Herman Joseph res, III :
secretary treasurer. and the! n
: until the fourth (4th) MONDAY ~
| 1923, or until their successors "A,
, and qualified. Any vaeancies ~ IA 4
, ficers or board of directors shAn
by the remaining directors a
: ARTICLE VII-Stockholders y
/ or other meetings for the elecu.S.
| rectors may be held as prers..a,,I
; Section 10 Of Act 267 Of the ues' 4,
. sembly of the State Of Loulslass IN
year Of 1914, or any amendmens,.s. L..
: The corporation and the o In.
! directors shall have all the hs ms,
| powers. and this corporatioDs .i,s
2 amended or dissolved, or lts aHs lars
: dated. as provided for by tne .i pbIJ
; of Act 267 of the General A' Ear
= the State of Louisiana for tne
or any amendments thereto 49, 1
ARTICLE IX-No stocsno,.'t n,
ever be liable or responsible III ss.n n
tracts or faults of this eorpe,,sbrsi, uc,
further sum than the unpaid D nor
the stock subscribed for by nim ,,sssts
any mere informally IN Us n rsn
serve or tend to have the e heI q
ing this charter null or eAPo.ss. ss
: holder 10 any liability otnef 'H'
\ in provided. -.,.,s
= ARTICLE X-The subscro s.ns
! hereuntO written opposlte ..r,norstiOl
! amount of stock in TINS IVir N then.
: scribed for by them, e acn nay
D that this Act of lneorp1lsn r,ntIou ID
: serve as the original suosei'p
I the corporation. ofr
: Tins done and signed, IN NJ AZ u
r the CITY of New Orleans me d
lana on the day and ID II vi
= and wear hereinaboye H.. IL, YB
5 i'm the presence of j. A,nstepi
= and Alfred J. BOnOmo, cy ,1 and I
5 nesses. residents Of this c,' names
= of age who have signed tneli, d sppss
unto together with the sssalng q