The Caucasian. (Shreveport, La.) 1900-192?, 1911-07-04
of the Association a loan of Two
Hundred (S2OO.O0) dollars.

of the Association loan OF Two
Hundred (S20000) dollars.
No stakeholder shall be entitled
to a loan on more than twenty GU I
shares in any one Series Of the Ser
ial Stock, and no loans shall be made
upon any Juvenile Stock, No stock
holder shall be entitled to a loan
who is in arrears to the Association.
That Article VII B be amended SO
as to read as follows:
Should there at any time be mon
ey in the Treasury not called for by
borrowing members OF withdrawing
members, the Board of Directors
may make temporary loans to mem
bers out of the same, upon such
terms and at such rates OF lntefestl
as the Board may prescribe. Suchl
TEMPORARY loans shall be made forl
any sum not less than Fifty (S5OOO)
dollars, or any multiple thereof, and
up to the amount paid in on theI
stock, shall not run more than nlne-
| ty days, and shall be secured by a.
| pledge of stock in this Association,
on which there has been deposited
not less than the amount loaned,
and the interest thereon to matur-
ity.
| That paragraph one of Article
VIII be amended so as to read as
follows:
! In case any stakeholder shall neg
lIect or refuse to pay his weekly IN
i stallments when due, sale stock
! holder so neglecting or refusing,
i shall pay a fine on each share OF
| the Serial Stock held by him or
Il her of five cents for each month for
the first 0hree months and ten cents
Il for each month on each share for
Il the succeeding months; and on each
lshare of the Juvenile Stock held by
Il him or her of two cents for each
j month. And any stakeholder, VINO,
for the term of six months, shall
J fail to pay the installments due on
{ his or her stock, may by reason OF
!, such failure forfeit all payments
: previously made by him or her, to-
ii gether with the profits, interest and
: Accommodations thereon, which shall
rlrevert to and become the property
lIof the Association.
VI That paragraph one of Article TX
j be amended so as to read as fol-
lows:
i If any Stakeholder who is lndebt-
eted to the Association, the value OF
This stock being less than his indebt-
3 edness, shall desire to settle and II
ri uuidate his indebtedness at any time
nIhe shall have the right to surrender
slto the Association his stock with the
: Interest. and aceumulations thereon
lat its withdrawal value, in part pay
lIment of such Indebtedness, provided
n he pays the balance of said lndebt-
d Iedness in cash.
I'll That Article TX B be repealed.
al The motion being put before thu
: meeting, all the stockholders pres
81 lent voted in the affirmative.
vi The meeting then adjourned.
I'll VIM. J. BAYERSDORFFER,
ri Chairman
el N. E. FLOWERS,
% Secretar
I'll I hereby certify that the abov
h and foregoing is a true and correc
copy of the minutes of the proceed
wings of the meeting of the stock
Is holders of the Shreveport Mutuf
hi Building Association held May 3
ID 1911. n. Il. FLOWERS,
,al Secretar
y There being nothing herein con
= tanned contrary to law, hereby ap
,e prove the above and foregoin
q. amendments to the Charter OF tn
as Shreveport Mutual Building Assocl
A. alton.
IL (Signed}. J. NJ. FOSTER,
a. District Attorne,
hi Endorsed: Filed and records
i lJune s. 1914. w. NJ. LEVY,
e- Deputy Clerk and Ex-Offici
re Deputy Recorder.
State of Louisiana, Parish OF Gao
10 lido: I hereby certify that the aboN
:, land foregoing is a true and corre'
copy of the original act as the san
), now appear on file and of record
- my office, in conveyance book {
~ page 1913 ct seq.
~ Given under my hand and seal
: office this 10 day of June 1911.
F. A. LEONARD,
l n Clerk and Ex-Officio Recorde
= judicial Sale.
-lNa IL ORG In the First Judicial Di