New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-21
ARTICLE III.
Objects md Purposes,


hereby declared to be u he following. to'wit:
/. To enable residents OF this State 10 Rcquire
hemssteadA .,.-..-..
z To establish as many stores as this association
may think proper for the beneht OF tho STOCKHOLM
ers OF this con pahy. .
," uo.a' newa nrpn,rtv hath raj and IA, sonai
TO subdivide uto lots all lands thus held and &C
anlIeo oIa upon mp Owe Ehso se % uaio ~
@n,e uisiHse VI, aiu " ~ 80 - IL ia ~
.ease OF syn any o;n I ,r n, &c gracnrator y,
oah.r sssncv 70 max. ad vapoes on resi estate or
either satisfactory securities 10 any person for the
purposes SCI ABOVE anu , IN .hr h,;Ppss
LII h a.. 49, A., lar AID which may he nece,-
81. heiea pG ;t 81 e., lie ,,hinc,s and mr.
sa'y " cail NV i i.;, - VAC ~ 20
poses OF IniS org ihi1a''on.
ARTICLE w.
Capital stock, Shares. Etc.
The capital STOCK OF ms assonta.ion snsh DC
. .'S nn.aa 90 tha s.Ina OF ans time The five hin
~ thann dnars to H. vi1cd into fiftv thou
~ 1855 "s Tia mar va,ua Of tan doliars each
snn - ri ia ates for The SAN, shall be issued only
unon their mert in fun one fourth Of each
tr... - ahaIi ha noyabI. Of tha time of said
nDscr;pton and tho remaining othree.fo in
.tra. er ,a instnllments fxed on the fret Moa
- 80 ~ d,,srnh Inv cd Nnvamtrr
s"S' W ' $3.50
ARTICLE v.
wrapsfer of Share.
,...:. -, 10 .ra,.saxraaN>,
Shares IN inns eorPoraoh ~ "s w.
al such iudorse nent being by the signature of
the der bs HIS or her attorney or legal repre-
sentative; put surh tans'ei snfi NV os raiIu wi
pn.i, the sam, sn All ha Va been entered on
Che looks of tins corporaiion SO as to snow the
49, ~. Ia de- sionation OF the share or shares
s .h -. az IT, transE.r
sH"o ZIG oa'0 Vi VIC ~
ARTICLE We
<~.,>.,x,~ ,,,.;cr.sa
Time u Oo"o'''S
erilis association may commence business as coon
as fifty thousand dollars OF the captal STOCK shau
have been subscribed for.
ARTICLE VII.
Qx:. - S...An.,der., 7 in ;fjsies
Linn" VI Stoe""'
40 ttoc holder shall in any event be made liable
Beyond the amount ct h's snbsc ipion 10 the capt
Sal stock his Indebtedness t. the Assoc'stion;
shall any mere inoilntlify IN organization
s,aye tn. effect of rendering tn charter null or OF
a amount Of his stock.
ARTICLE VIII.
S,,,,
DeiH9"en'
All shares OF san c"rpplAtIon snha d1ni@,h
qa"dges TO sad cerpera ,sn Until .h.sr nhai pay
enent due on sad shate or Shares as required by
tue present cnaI'tI: 'to "a -, ;rJ =? 80 ~
eha os al nis piist 90 sn ~ sa hsr rntions
50 I'Hs noi a'e $3.50 w., - ,.rt 81 sa;5 d.l;n
~ IN cast ~ ,i " ,t On ,hir,p d., un,ira N
NJ s'ocnnriuoi, 80 ~ x .sa,rt Oh 10
90 piy VIII h Al, h th ri ht to All said ab ar,,
Sh1 company siis sI ,;tnort 80. a-yAn,i,n 81
or SNARE 80 p!eusoa' "'''' ~ ' ~ "
Sohits q iuH'ioe'
ARTICLE TX
(,oruOrptiens as Subscrfserse
S>or.t;ors may beeome subscrfoers to- IN
ciPtii az a, io''e ny w; WIN" % ~
esoch u LIED '7'''
ARTICLE X
u.. a. D;.o,,crs
" :,
XII the corporete powers o. ms ASSOCIATION shaii
Se e1rrc'e, a, a. al rs buhiit ~ fnhndg"u pS 81
Board Of Directors cam os"d entirety OF
dents OF he state; majority q these nan
cons itut.7 que uul for the Transaction OF bust
ness The SAID Board 81 Dr'cpts eh. ~ c. f,s =