The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER.

Dollars (SlO.OOO.OO). divided into ana
represented by one hundred shares OF
the sum of one Hundred DOIldIS
100000 each. payable IN cash. prop
crty or for good Will.
The corporation shall commence do
ing business as soon as Five Thousand
Dollars OF the capital stock shilI nav I
been subscribed and pdId Tor.
ANY stakeholder may sell, assign or
transfer his stock in TINS Corlui dll'i'
provided thirty days notice OF suCH
intention to sell, assign or transfer thc
same he given the company anu Iuc
otner stockholders snaH A1lt ttc 80 III -
privilege Of purchasing same AT DOO>
value. after which thirty days notice
the said stock may be sold IN open
market. Al
said CORPORATION shall bc in the CITY
OF New orleans, state of Louisiana.
The president or, in his absence, the
ice-president shall be the proper per,
son upon whom citation or ClitI ltsdI
process shall be served.
This corporation, unless sooner as
solved, shall exist ana continue lor tlG
period OF ninety-nlne years from ana
after the date hereof.
ARTICLE V. All corporate powers
shall be vested in a Board OIL DIRECTORS
composed OF not less thdn three sloch-
holders. The Board OF directors may
Till vacancies IN their number, how
ever caused, by election from among
the stockholders. .,
The first Board of Directors shall!
consist of Mrs. Harry .. STAGE VINO
shall be president, and whose poStoftice
address Is No. 1904 Magazine street.
New Orleans; Arthur V. Robertson,
VINO shall be vice-presldent, ana James
j. Landry, who snail be secretary
treasurer, and whose pOStOftlce ad-
dress is No. 1854 Magazine street, New
Orleans, La.
Said board shall continue in office
until January >, 1928, on which date
a
Directors shall be elected on the second
day of January of each year, unless
the same shall be Il legal holiday, when
the election shall be held on the next
legal day thereafter.
The said board is further authorized
TO frame and adopt such bylaws, rules
and regulations as the affairs and bus
mess Of the corporation mag require,
conducting, and management thereof.
ARTICLE VI. This charter may be
amended ana the capital stock OF this
corporation may be increased or de-
creased, or the corporation may be dis
solved in the manner ana method pro-
vIded by law.
ARTICLE VII No stakeholder shall
ever be held liable or responsible Tor
the contracts or faults of this cOrpor-
alton in any further sum than the I'M
paid balance on the stock for which
ne has subscribed, nor shall any mere
infOTmality in organization have the
effect OF rendering this charter null
or of exposing stakeholder 10 any
liability than as above provided
ARTICLE VIII Whenever this cor
poratiOn shall be dissolved, whether
by limitation or from any other cause,
the affairs thereof shall be nquidated
by three stockholders to be elected and
qualified in the manner provided by
law. And they shall continue IN office
until the affairs OF this corporation
shall have been fully settled and liqul-
dated. In case of the death of one OF
IL Ia
ability to serve, the remaining Hqui-
datOrS may themselves proceed with
all the power and authority vested in
the full membership.
The present inCOrpOratOrS, in sub
Scriblng for the respective number of
shares of the capital stock of this cor
pOrdtlon as set forth after their names,
have made full and complete payment
Payment for $4,000 OF the amount
subscribed by Mrs. IL. o. STAGE has
been made and accepted by the present
Board of Directors at q full valuation
itemiZed statement of its value thus
placed by the directors. following:
Real estate consisting of the follow
ing items:
Item l. Two (2) certain lots, or
parcels OF land, lying, situated and be-
ing in the city of New Orleans, state
OF ouisiana, and being more partic-
ularly described as lots Nos. 70, 20,
in square No. l02, on the map of the
New Orleans Land Company's land.
the same in size and location to be
IN accordance with said map or plan
OF lots on file in the City Engineer s
office of said city of New Orleans
Lots Nos. rs and 20 measure each %
feet front on st. Louis street by
depth between equal and parallel lines
or l22.15 feet towards Memphis street
IN the square bounded by Mouton and
Ridgeley streets. Lot No. 25 forms the
corner of st. Louis and Ridgley streets
which item is taken at a valuation of
$4,000.
Acquired by Mrs. Olga Svidelle STAGE
wife of Harry y. STAGE, with her para
phernal funds from the New Orleans
Land Company, by act before J. &.
edgment before him on July Z, 1921,
and registered on same day in Con-
veyance Office, book 341, folio 1876.
= Item 2. Two % lots, or parcels of
land, lying, situated and being in the
city of New Orleans, state of Louis
lana, and being more particularly de-
scrlbed as lots Nos. 23 and "a in square
Land Company's land, the same in size
ana location to be in accordance with
said map or plan of lots on file in the
CITY Engineers office Of said city OF
New Orleans. Lots % and "a measure
each % feet front on Catina street
by depth Of l20 feet between equal
and parallel lines towards West End
boulevard, in square bounded by Con-
taken at valuation of $4,000.
Acquired by Mrs. Olga Svidelle STAGE
wife of Harry y. STAGE, with her para
phernal funds. from the New Orleans
Land Company, by act under private
signature, dated March s, 1915, duly
acknowledged on March 8. 1915, before
John Wagner, Notary Public, and reg
lstered in Conveyance Office, book 273,
folio 3S3.
Item 3. Five go certain lots of
ground in the parish of Jefferson, state
of Louisiana, in Metarie Heights Sub
division, designated as lots Nos. 1911
lS3, l95, 197 and 1873, on a certain plaf
drawn by Walters & Daniel, surveyors
annexed to an act of deposit before
GUSTAV r. Westfeldt. Jr., in the city
of New Orleans, under date of Nav
lots measure each rs feet front on
Metairie Heights avenue by 125 feet
in depth, between parallel lines.
Acquired by Mrs. Olga Svidelle.
wife of Harry o. STAGE, with her para
thermal funds. from the Fidelity Land
Company, btd, by act before VIM. J.
Formento, Notary Public dated May
~, 1919, registered in Conveyance
price, book 45, folio -, parish of JEFF
ferson. which item is taken at a val
uation of $4,000.
Item 4. Three (3) lots of ground,
together with all improvements there
on, and all the rights, ways, privileges
SerVltudeS and advantages thereunto
belonging or in any wise appertainine
situate in the town of Mandeville,
parish of st. Tammany, state of Louis,
lana, designated by Nos. 65, Sc and 81
In square bounded by Coffee, Mathis.
Livingston and the property of the
New Orleans Great Northern Railroad
anu according to map of subdivision