The morning star and Catholic messenger. [volume] (New Orleans [La.]) 1868-1881, 1873-10-05
mylI u ly5p
CHARTER.
sfATE OF LouisIANA-PARIsH OF ORLrASs
CITY OF NEW ORIEANs.

CRY OF NEw oaIs .l "a oAIIAS''
in the year q ono THOUSAND eight Ssnars
ntss ssses and q TIE
%s tho Fa4ish J 69
illnesses hsrsnafer named and person
sss
resys to me sbp Of the Statutes Of
and I'd in
%h1 may hereafter become member Of
for the objects and purposes and under III,
ARTICLE I.
ins ~ e ss @
and enjoy IN Ss 81
ss s.s
o'i'er upon whom all citations shall DO served
ARTICLE II.
Its Object ssa be the and
CT or Mss f Sasn.
they may deem advantaSeouso snas OF carr0liton as
ARTICLE III
of IouIstanS S 81 this must be
tutors. and women in their own night 'A'A'
ARTICLE ".
The capital stock Of this Association shall be Five
Sunorsa Dollar divided int
sTs s.Sh Of T ass s'e 1 sha DO paid
!ss oents each share method Of paying q
psStts added thereto shall amount to two hundred
ARTICLE v.
In any stakeholder shall nee,ect or ref,.a g.. ~
p nas Tbsk snsS Is often
Sd bi5 bss snm Of i've q essh
or is sss1. T. ol y. ts
ssn Ia. Sssa
Ss sna wss neglect
BE av ss
covered by a prepay ment NO Hnes can DO levied.
ARTICLE vi.
Each each share of stock that he NAV
hold in the Association sha be entitled to from
1900 dcllars1ie.s the premium offered WhsasSsr
ees Of
highest .voiuntary premium in such manner % the
.1s same known e. s5s SersS shah g eng
ssslsys III =:
| s to G loan each oh
Ss a be
shall
~ per centum per annun.
ARTICLE VII
Whenever stookholder shall be declared entitled to
MUM offered By him the same and before receiving
the same he shall secure the payment thereof to the
q ana shs sS,'SSs 81
Fl aSs p e ss %
security for such loan within three months from the
and expenses attending the examination Of
and searches shall be charged to such purchaser
anu tne money revert BACK TO the Association.
ARTICLE VIII.
Stockholders. having taken no loan and w,sb,pp to
withdraw from the Association shall be entitled to
dsdaDs ali ns. al and eseta1es
ard portion Of ell losses incurred Any STOCK holder
win Be IeTmitted % provided he shall have re-
he twelfth year afeer the Of this Associa
hs1 shs
snail Saxs SeIa ali i'I
9 s all .s'F
g. s1 %aIl 1SV :, aRRIsd
sisa sna ssS
ttuted for and admitted to ALI tho rights and IsbiI
@sh1s nc 70 WHARF,
Upon the death Of Senbsr shs
sd mot received loan loans his or legal repre-
eSsve FROM the .sch deceased sn ns@Ser
a interest thereon first his neS and
ARTICLE TX.
II the interest remains unpaid for one year. tho
'oard Of Directors may compel Of the princi
e instituted on the bond and mortgage according TO
In TINS case OF recovery OF loans by all fines
losses interest principal and legal costs
curse of action 70 be pursued by the ASSocaton
the amount recovered exceed the nominal loan and
interest for tho time such loan used tho excess
hall be given the deisultDg party In any stock
older mot having taken oan) shall neglect or refuse
hfs weekly fnstaIments and fines space Of
ne year. such Stockholder neelecting or refusing
hall receive from tho Treasurer the amount Of dues
c'uay paid Ia by him, without any allowance for in.
srest deductnR AL fines and forfetures that may
charged az ainst him, and also . portion Of all the
or of the Association.
ARTICLE Y. .
All the corporate powers OF this Association shall be
anaSed and exercised BY Board OF Directors TO
st Of thirteen Atock hOlders and majority OF whom
AL constitute quorum for the transaction of bust
rs. |
ARTICLE XII.
The following named gentlemen shall constitute the
st Board Of Directors who shall hold their Office
second Monday of January 1874 or until their sue.
asors shall be duly elected and qualified Directors
essrs. Edward Sweeney, Tbos. Walsh, E. n. Ber.
ingham John McCafrey, John J. Finney p r. Cur. | ,
I'D, Thos McKcEdrck, T.. A. Finney, A. Leo and :
I. A OMeAllie.
ARTICLE XII
On tue second Monday Of January 1874 and annually
GREATER election for Directors by the
the Association shall be held the Office Of the said
and plurality of votes counting one :
to for each share Of stock voted shall be sufficient
elect and ct this meeting detailed exhibit Of the
OF this Association for the year preceding
all be submitted to the stockholders A failure 10
ct on the day aforesaid shall dissolve the Associa
n, but the President shall cauge another election 10
held within thirty days thereafter giving notice OF
same in daily Newspaper publshcd in English in G