The herald., 1913-08-28
CHARTER
OF TIE SECURITY LOAN OFFICE,
July 3lst, 1913.

OF TIE SECURITY LOAN OFFICE,
July 3lst, 1913.
| State Of Louisiana. Parish Of Orleans. CT!
Ra If known. that on the thirty-frSt Day
! of the month of July, in the year one lh9u
sand nine hundred and thirteen, before M
| BERNARD Titchp. a Notary Pubic dutE com
| miSSiOnpd and qualified in and Tor the par
| isb of Orleans. state of Louisiana. ana III
| tho presence Of the witnesses h"relnalt"l
| named and undersigned. personally came ah'
| appeared the persons whose names are ny ne
| untO subscribed who severally declared lhd'
| gyaiIin- themselves Of the laws OF the Siatt
| Of Louisiana in such cases made ana proNlu
| ed they have agreed and by these present
agree and bind themselves as WEI a. Su a.
other persons as may hereafter become as
| sociated with them, to form ana DO heTtDy
| form and constitute themselves a corPo.
alton for the purposes and under the slipu
lationS following, tO-wit:
Article 1.-The name OF this corporation
shall be the Security Loan Office under
which name it shall enjoy corporate exist
ence for ninety nine years. us uoIliclIt
citation and other legal process shal ne
served on the president and manager or IN
his absence or disability on the secretary
treasurer. - .
the corporation are and are hereby declared
to be to lend money on a pawn OF plcu-yT
of merchandise. bonds, stocks, or personal
property of all kinds or on mortgage OF ven.
dor's lien on real estate or to secure loans
nv sales with the right OF redemptloh' 10
purchase or discount notes, drafts OF az
counts and generally TO conduct anu caLra
on loan and pledge business ana pawn
brokers' Office and business, and 10 DO eE-
prything appurtenant thereto or proper, al
yantageOus or necessary In connection thercs
with. Also, to buy ana sell mereHaHu''e VI
Article III-The capital stock OF the cor
poration shall be ten thousand (SlO,UOo.OOl
dollars divided into one hundred iluOl
shares of the par value of one hundred
dollars (S1OO.OO) each, which shall be paid
| for when issued In cash, or otner properly,
| or for services rendered as determined Dy
| the board of directors. ,, t.,
| mediately and shall have all the powers
| granted to such corporations by law, and
| more especially the power to contract; sue
| and be sued in Its corporate name 10 hoIu
| receive lease, purchase, sell, convey, mort
| gage affect and hypothecate property, Ootn
| real and personal, and to name and appoint
( such officers as it's interests and convenience
| may require.
| Article IV.-The corporate powers of this
corporation shall be vested in and its DuSl
| ness shall be conducted by a board OF 81
| rectors composed OF three stockholders tn
| stock holders shall Immediately CONFER altei
| the signing Of this charter and elect Dy
| majority vote board of directors who sinai
! hold office until the thirtieth day OF OctoOer
1914, or until their successors are dui
elected and qualified, on the said thlrtleti
day of October 1914, and annually thereaI
| ter. the board of directors to serve durinj
the ensuing year or until their successors ar
duly elected and qualified, shall be elected
bv a majority vote Of the stockholders. Wit
i the exception Of the election OF the mrs
board Of directors which Is TO take place a
hereinabove provided, elections are TO D
held after ten days notice in writing sha
have been sent by mail to each stakeholder
In all elections and meetings OF stockhold
ers each share of stock shall be entitled I
one vote by the owner Thereof or his agent
nd Of shall elect frOf
their number a president and manager an
a secretary treasurer. All vacancies on IN
board of directors of this corporation sha
be filled by the board of directors.
: Article V-No transfer OF stock by
stockholder shall be binding on this corpo
) alton unless the same appear on the Dook
thereof, and unless said stock snail nav
: been first offered for sale to the board {
D directors of this corporation and they sha
r have refused within ten days from said one
: to purchase said stock at Its market valu
D Article VI.-This charter may be changes
I altered or amended or the corporation ma
I be dissolved by vote OF two-thirds OF II
!. stock present or represented at a generi
! meeting of the shareholders called for tina
Z purpose after ten days notice of said NEE
5 ing shall have been given In writing MALE
y to each stakeholder at his last known a.
dress.
n Article VII.-At the expiration Of tn
b charter or when this corporation Is othe
i wise sooner dissolved its affairs shall
liquidated by two commissioners selected !
l. the stockholders at special meeting Gale
|. for that purpose after ten days notice
r writing mailed to each stakeholder at b
I last known address.
, Article VIII.-No stakeholder shall ev
/ be held liable or responsible for the co
3 tracts or faults Of this corporation In ar
l. further sum than the unpaid balance due
: the corporation on the shares owned by hin
nor shall any mere informality in organic
Z tion have the effect OF rendering this chart
;. null or of exposing a stakeholder to any II
e bility beyond the amount OF his stock.
In lieu Of a formal subscription list q
n subscribers have written opposite the
II several names the number or shares or stO
e subscribed by them.
J. Thus done and passed In my office In q
a city of New Orleans on the day, month al
i year first above written In the presence
Q Wynne G. Rogers and p. r. Ferrera, comp
d tent witnesses OF lawful age residing In {
" city of New Orleans who have subscribe
T their names hereto, together with appea
d ers and me notary, after due reading OF {
2 | whole.
!, Original signed Sam Rosnan, 40 share
IS and other subscribers.
" witnesses: wynne G. Rogers, p. G. Ferrer
n (Signed) BERNARD TlTCHE, Not Pt
y /, the undersigned recorder OF mortgag
d. in and for the parish of Orleans, state
Louisiana. do hereby certify that the abo
N and foregoing act Of Incorporation OF I
Id Securitv Loan Office was this day duly
D. corded in my office in book loss, folio Il
X New Orleans. August 1st, 1913.
le (Signed) EMILE ]. LEONARD, d. K.
ldl l. the undersigned notary, hereby cert
Or that the foregoing is true and correct co
OF of the original charter Of the Security 10
Ks Office except names of subscribers a
o. amount of subscriptions, executed before
10 on the 31st day Of July, 1913, together W
H. the certificate Of the recorder OF mortgai
be thereto attached, on file and OF record in
office
.e In faith whereof have hereunto set
d. hand and seal this seventh day of Augu
IA, 1913.
ok BERNARD ILICHE, NOT fuD
aug IA q % sept IL IS