The morning star and Catholic messenger. [volume] (New Orleans [La.]) 1868-1881, 1873-12-28
CHARTER.
CHARTER.

IN ,ae year Of our Lord thousand s,sh,
Ssi' %L s.s: ss ss A%ssis. s. aa
tho Parish Orleans, STAT or Ho,nry Public In
sns sqs ss.. spd
sS.ss s:
ss,tvs to the organization Of Gf Loni'sn
second ans nsa :,
porstion 70 form sm.elves into and oons,itu,s Cor
supulAtions following. TO wit: '' anu under Inc
I Tia, A.. ARTyCLEL
sss 'ls &c Nj:
orsans and Inv. snail be douoiied in the city Of New
1sa s%ss Of sSs and
eneer upon whom oil citations shall 30 served - inc
| ARTICLE H.
Of fuId to enable the saas and
city Of New ' Cream & such real the
tHss may deem advantageous ' VI |"'F0'i'oh' as
Tho m.n,,,, ., A, ARrIcLE III
OF Louisiana Minors may hold .toek tb 1e resdsnes
| 'o'o's' anu wonaon in their own night '""a 'ne'r
NJ, ARTICLE w
unnS Ssr "a stock Of this Association shall b, Five
tweriV' ihhonsand .s,eorhD Dollars divided into
eas sock shall S So rss 1i ,TS hundred lo
seesaps H H,tE sssr cents on each
10, cens on each share. this method Of nve
ihseo r shall ~ aa ny a. w,s al
Ss-o'' dollars for each shao. " '"' huh"rea
In case an, steo.b 1,Grl sasIi n W. -
SUCH st""khs,d as 'tn the be
% hss l's s1sf ioS ssss
%eekv oorou w D shall neglect to pay tSe
i've S as ossd % loan shall sum
and every we es TA rss loan hn, been
pay his sba Ss e Hr % to
sv SSeh BY
covered by prepayment fines Gun DO levied D''nS
ARTICLE
Each stockholder. for each share OF stoot that h
tn. d e association shall DO entitled to receive from
bs dSH1s The the premium offered whenoVsr
spossd ha GsFSS one
Boar Of premium In such as the
so %ainr
te sneeeea at the san time of
sassp psr L. to the full shares
So
entitled to loan to the saa DO
by Weekly s at tbs ,hsrsen
10 per centum per annum. ~ "'e Vi esn'
Whenever n stakeholder shall be- declared a, an, =.
loan or loans he shall allow to DO deducted the pre
he same he hall pay ment sh"rsnf % h
rs by act Of %nortgags ad poeS
h pSa ra ta,s receipt for psiJ state and MaI
urity for saoh within three otSs ro cry
ns 81 the interest together ali costs
ile and searches shall be charged to such
N s1o lnon'y ie'ort pack 20 The Association.
ARTICLE VIII.
i having taLen Loan wishing to
aS IN by them fret deducnE All anes and orfsiturss
IA be sermisted 70 do provided shall have re-
Of The theroo before ny and IN
70 ssa Of s4
,eNo S yes sns ssp paid for
ken loans viii also be to withdraw from tb
Sai h ~iss sHd A.
in the AsssoiaeSn and that their vendse in such
y have Ss.n
and admass 4, Oh III th1 h
led o. II, tsa, %spbss q ana
1s Sye SnS months notice ts
received loan oas sf ss Of member
nye. wish,nE bs sSsIsR to
hin nss ana srssr
%, and his portion Of losses sustained.
ARTICLE TX. Co
the interest remains unpaid for one y,ar the
a and 81 may coa"p of the prnc
instituted tho bond aid morfsage aceoSdips TO
pnepn by sna d. r al Col
! be footed charged the party oausinp s"eb
he .mouat recovered exceed the nominal loan and
DO given the linen "aa was used the excess
Ter not having taken loan, shall Siect or refuse WI
year, such stoekholdsr neEecting or refusing e.
receive from the Treasurer tho amount Of dues
a. hfst deductipg nj fine and forfeltures that NAV
harged against him. and also O portion of ali ibs ~,
% incurred and from That time oeaee 10 be man. III
OF the Association.
ARTICLEX
the corporate powers of this Association shall he
aged and exerciSed b. Board Of Directors 10 CON.
d thirtaen stockhOlders. and . majority OF vhon |
constitute quorum for the Transaction of buai 90.
ARTICLE III
@ following named gentlemen shall consttute the M
Board Of Directors who shall hold their ONCE nnt
econd Monday of January 1874, until tbeir ,nc | n,
'rs shai DO duly elected and qualified 40 Drectora
RS Edward Sweeney, Thos. q Walsh N Per
ham. John hcCafirey. John j. Finney p r. Chr |
Martin A: Alleyn j Mahoney DR. q n shan Tn,
Thoe Mex cndrick, p. A. Finnsy, A Leo and ouao
o'Resllio. SSn5
j., ARTICLE XII Btone
the second Monday of January 1874 and Annually
sfter, election for Directors by tho stool bolofs
Association shall DO held the Office Of the said w
2iRtion; and plurality of votes. counting ono
for each share OF stock voted shall .uHfcient =
cti and at this meeting detailed exhibit of The /
actions of this Association for the year preceding
be submitted TO the stockholders, A failure 10
on the day aforesaid shall dissolve the AHaoia
ID within thirty days thereafter. giving noticeod
me in daily Newspaper pubshod in English In
Orleans THO Board of DiTcctors shall have rover a.
ply any vRciucy that may occur in their body bv "
resignation or otherwise
ARTICLE XIII.
ransfer ef stock shall DO mao tho book Of 81 SO
esoetati ion, in person or by proxy, bat not while
Indebtedness TO tho Association exits unless with
nsent OF tie Board of Directors. Eu3
e sfS i" ma made