The herald., 1922-05-25
CHARTER OF THE YELLOW STONE
REALTY COMPANY, INC.

REALTY tOMfANl, I'M.
United States OF america, State Of
Louisiana, Parish OF Orleans, lie II known,
mat this 2uth day Of the month OF
April in the year OF our Lord, ole thouS-
and, nine hundred and twenty two, anu
. Of the Independence Of the United states
/ OF America. the one hundred and forty
sixth, before me: John Joseph Jackson,
4 notary public, duly commissioned anu
. qualified in and for the Parish OF Orleans,
state OF Louisiana, aud therein residing
and in the presence ct the witnesses here
matter named and Undersigned, personal
ly came and appeared the several persons
whuSe names are hcreuntO subscribed, and
all of age, they seVcraly declared, that,
. awaiting themselves OF the provisions of
the laws of the State OF Louisiana, in
such cases made and provided aud NOR"
particularly of Act 2O' OF the General
Assembly of the state OF Louisiana Tor
the year 1914, they have cOyenanted, con
tractcd, agreed and bound themselves,
. and do by these presents do covenant,
contract. agree ana bind themselves as
we'll a. all such persons as may hereafter
become associated with Them 10 form
/ themselves into and constitute corpora
tiOn and body polite in law, for the OBJ
Jects and purposes and under the stipu-
IatiUns herein set forth, which they adopt
as their charter, to-wlt:
ARTICLE The name of this corpora
ton shall be-. the Yellowstone Realty COM
pany Incorporated, which may be alb
breviated TO the Yellowstone Realty Co.
Inc.
ARTICLE 1.-THE business. objects and
purposes Tor which this corporation Il
formed ana the nature of the business to
be carried on by it, hereby declared
To be to carry ON and operate general
I realty business; the said corporation
shall have the right, power and authority
TO contract; sue and be sued; 10 make,
have and use a corporate seal, and the
same to break or alter at pleasure; To
hold, receive, lease, purchase, convey,
pleuge and mortgage under its corporate
name, property both real and personal,
borrow
maintain out of its receipts from any
source such special funds as 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 re-
puire; to make and establish such by
laws rules and regulations for the proper
1 management and regulation of the affairs
r of said corporation may be necessary
, and proper. and the same to change and
= alter at pleasure, to act as the agent for
, third persons for the purpose of selling,
, purchasing, leasing, mOrtgaging, renting
l said third persons property. The said
= corporation shall have the right to pur-
5 chase and own the building wherein is
established their offices and to hold and
Il own other property in the discretion or
V the board of directors.
y ARTICLE III-The amount of the capt.
e tai stock of this corporation Is hereby
n hNed at the sum of ten thousand (Sl0,-
n 100000 dollars, all common stock, which
y capital stock may be increased to the
l. sum of twenty-five thousand (S2JOOOOOI
Il dollars. Said capital stock shall be di-
d yided into one thousand shares at par
IS value of ten dollars $1,000 each, and the
: said stock shall be paid for when sub
l. SCribed or may be issued in whole or in
part at not less than par for property ac-
s. tually purchased and received by the cor
so pOratiOn. No fractional shares shall ever
a be issued.
ot ARTICLE Iy-The location Of the
De domicije of this corporation shall be in
. na nf \aNv nrla Staf.a nf is
lana, and service of citation and all other
ne legal process shall be made upon the
re president of this corporation, or in case
~ Of his absence or inability to act upon the
L vice president, secretary treasurer, in the
d. order named. The said corporation shall
IN have and enjoy succession, by and in its
o. corporate name for period of ninety
te nne years from the date of this Act.
l ARTICLE V-The business and affairs
of this corporation shall be conducted by.
TO and all the corporate powers vested in.
ne and exercised by board of directors
n, composed of three 90 stockholders to be
S elected by the stockholders, annually, by
ballot, on the fourth atm Monday in the
id month of April OF each year. beginning in
n nOunced by the board of directors, In
r case no election shall take place on said
y date, after. fifteen days notice which
~ shall be given to each stakeholder, by
ne written notice mailed to each stock
"a holder at his last known post Office adj
ne dress and said election shall be held at
ne vision of two commissioners, appointed by
s. the board of directors, at said election
ed each stakeholder shall be entitled to cast
,e his vote as specified in Section IL of Act
y, No. 26I of the General Assembly of the
r. State Of Louisiana for the year 1914, or
nd amendments thereto. The stockholders
nd receiving a majority of the votes east
Is, shall be declared elected. The board OF
gs directors so elected shall Immediately
r. thereafter proceed to elect one of its
ch members to be president one to be vice
a SiH nd no VT a
ay urer of the corporation, and they shall
'r- serve until their successors ae elected and
qualified.
a ARTICLE yI-The first board of direc
al tors shall be composed of the following
is stockholders: Otto SiZeler, No. POI Vii
DIS lere Street, New Orleans, La; william
re- Sizeler, No. 257 Bechtel Ave, Memphis
of Tenn; Herman Joseph Fels, No. POI Vii
on, lere Street, New Orleans, La. OF tn
re- above named, Otto Sizeer, shall be presi
re- dent; William Sizeler, shall be vice presi
tut dent; and Herman Joseph Fels, shall b.
RS. secretary treasurer and they shall sery
or until the fourth (4th) Monday of April
at 1923, until their successors are elected
JUS and qualified. Any vacancies in the of
ng ficers or board of directors shall be hlle'
by the remaining directors.
ct ARTICLE VII-StOckhOders meeting
ION or other meetings for the election of di
OF rectors may be held as prescribed b
ing Section 10 Of Act 267 of the General As
on; sembly. of the State Of Louisiana for tn
an year OF 1914 or any amendments thereto
the The corporation and the officers an
ION directors shall have all the rights an
ara powers. and this corporation may b
the amended or dissolved, or its affairs liqu
by dated as provided for by the provision
the Of Act 267 of the General Assembly
err the State Of Louisiana for the year 1911
ing or any amendments thereto.
or ARTICLE IX-No stakeholder sha
da-t ever oe haoIe vi iesPOhoioie Ioi t"c vi
an further sum than the unpaid balance
to the stock subscribed for by him. nor sha
NO. | any mere infOrmality in its organiZatiO
nd | serve or tend to have the effect Of rende
en- ing this charter null or exposing a stool
ers holder to any liability other than as her
aid in provided.
flee ARTICLE X-Tbe subscribers ha'
lion hereuntO written opposite their names Il
In amount of stock in this corporation SUI
ON scribed for by them, each of them,
to that this Act of Incorporation may al
ON serve the original subscription list
and the corporation.
tHe Thus done and signed, In my Office
'ner the City Of New Orleans. State of LOui
r., lana on the day and In the mon
lsI- and year hereinabove first WRIT
oers in the presence of ]. Alma Pinta
re- and Alfred J. Bonomo. competent W
ileS nesses, residents Of this city and sta
SUI Of age, who have signed their names her
RI, unto together with the said appeare
AtWsW AA