The herald., 1914-07-02
AMENDMENT TO CHARTER
OF THE
ACME HOMESTEAD ASSOCIATION.


United States Of America, state Of Lou'Si-
ana Crtv Of New Orleans. Parish OF Orleans.
BE II known. That on this twenty ulnih daN
If the month Of May. m The year one iho"-
sand nine hundred and fourteen. before me-
ROBERT LEGIFR, q 90 ary public, duly
commissioned and qualified pa ana Tor the
Parish Of Orleans, state OF louisiana alo'e-
said. therein residing, and IN the presence
Of the witnesses hereinafter named ana IN,
dcrsIgucd. personally came ana appeared
Nc,,rS Chester v. Brown and Henry !. lie
doux. both OF the full age OF majority and resi-
dents OF this city, herein acting IN thelr Te>pe's
the ACME HOMESTEAD ASSOCIATION,
a CORPORATION organized under the laws of
this State and domlciled IN this city, inSutut,
ed by an act passed before the undersigned
Mortgage Once Book go, folio Il; and the
said appcar,Ts, acting IN their aforesaid re-
,pcctive capacities, declared that meeting
OF the stockholders Of said association, and
At meeting OF the board Of directors OF said
association. as will more fully appear by the
annexed certified extract from the minutes
thereof, the charter of n'c said Acme Home
stead Association was amended as herein
after fully set forth, and that they, said ap-
bearers, were duly authorized and empowered
to cause said amendments TO the charter OF
said Acme Homestead Association to be
embodied in a notarlal act.
Now therefore, in accordance with SAID
resolution, they, said uPpearers, acting IN
their aforesaid respective capacities, have ap.
peared before me, notary, Tor the purpose OF
placing said amendment to the charter Of
the said Acme Homestead Association IN au-
thentic form, by notarial act, and hereby de-
| clared that Article III, Of the charter OF the
| said Acme Homestead ASSOCIATION, as now
amended, shall hereafteS read as follows, to-
wit:
ARTICLE Ill The objects and purposes for
/ which this corporation is formed and the
| nature of its business shall be the accumu'
| lation of a fund from payment made on &C
| count of the capital stock, rentals, bonuses,
| interest on loans and other sources, the fund
| so accumulated to be used for the purpose OF
| assisting the members ~ said association IN
purchasing. building and improving and re.
| pairing real estate and homesteads situated
| in the city of New Orleans and the Par
| shes of St. Bernard, Jefferson and ST Tam
| many, IN the State Of Louisiana, and remov-
| ing encumbrances therefrom, and of loaning
| money on shares otherwise TO its members
and to the above end 1t shall be lawful for
said ASSOCIATION to purchase from any share
| holder other persons, any real estate, I'M
| proved or unimprOved, and 10 sell or dispose
Of the same in the same condition or after
| improving, repairing or building on the same
TO any member, provided that SAID association
may make sales Of property, real and person
| al, either for cash on terms OF credit; that
| said association shall have power TO loan
| and advance money to its members Tor the
| purpose OF enabling its .nembers TO purchase,
| improve, repair and build upon real estate
and to remove encumbrances and mortgages
| therefrom, and for any >ther purpose, and to
make all contracts and to do all acts neceS-
| sary and proper in connection Herewith or
incidental TO these objects and purposes
mo loans shall be made except to share
holders, and no loan for n sum greater than
the face Of the shares owned by the Dor
rover.
"All loans and other transactions shall be
under the control and direction of the board
of directors of this association, in accordance
with this charter and the bylaws of said as
ISOLATION, and said board shall have the pow
to make such rules, regulations or bylaws,
regulating same, as 1t may be deemed neces-
saTy and expedient.
This association shall have the right and
power to merge and consolidate with any
similar association TO acquire under such
terms and conditions may be fixed by the
board of directors, the property, assets, rights,
business, etc, for any corporation or corpor-
atoms having the same OBJECTS as this aSsO-
citation, similar objects, and TO make all
necessary contracts and arrangements with
such corporation or corporations and the
stockholders thereof"
Thus done and passed at my Office in the
city of New Orleans, on the day, month and
year herein first above written, in the pres
ence of Theodore A. Beck and Miss Odile
nesses, who have hereunto signed their names
with the said appearcrs and me, notary, after
due reading of the whole.
(Signed)
doux. Secretary.
Witnesses:
T. A. BECK,
ODILE MUSSON.
ROBERT LEGIER Notary Public.
|, the undersigned Re sorder of Mortgages,
in and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing act of Amendment to the char
ter of the ACME HOMESTEAD ASSOCIA-
TION was this day duly recorded in my
office in Book 1l27, Folio.
New Orleans, La, May 30, 1914.
EMILE J. LEONARD, Rep. REC.
true copy:
ROBERT LEGIER, Notary Public.
June II IS IS July 2 9 1914.