The herald., 1915-09-16
CHARTER
OF LOUISIANA SECURITIES COMPANY,

n n. I'M
Re II known. that on Ills uth Iav Of Julv.
rQ1- rrf,-,. W.. p-,--, ID 1rfy,,- g, rIf.i-v
,.rrii- dr,y ...r..r.-....re., ..rF r-l,ll-,E in
and f.,- The rf-,-- and ,,... gf.r..,rF AMI IN
,r. rr,...r.. IF - A., .-....-,- l..r,,.......-
On III ,.-E go, l-....-.F .--....rr ..,-,- All
.r.r,..,r.I -1. r,--.,-- ,,l-r -,.rr, sr. h,.-.-
,,,,,, .-,r...-,r.E adj of rn. mn aye - r..I-
r.-.,, and rr,,f.-., OBJ. -n-s ....,. ,yr, .,,,.--
rT, declared thar .y..lrr., -l,...-.ry,- II rr,
provision, of the ACT uf th, l,l.-l.rr,-r ot this
state r,--ry L-.,,r s. A, y. M .f rlt Sos.
SION A,,, Il lg.4. thew d.. sy thc,, g-r,,rt,.
covenant and ..g-rr and bind themselves as
NIL -, IN rrh,- -,.h rr-...r. Al, -..., f.....,.
ra.-,..f.,r ...,..-.-,f Mi, trr.., IN order T.
. f,-,,- and .,,,.f,--,,, n .,rr.rlrf.-r r- l.Iv
r,lr,l- IN Ig., for ,rr .rr,-.- and r,r,r,,I.g-
and ,,-a,r ill., ..,rrr.fr...-. f,,r.,,.l,,g I,..r.
A-frrI. The name and ,irte NJ tins corr
marathon Shall be Louisiana ~rgu-it.,, Com
r.,ry Inc at \,g. D-',.r. and n shall have
and rrf.y Succession and existence for
,a--r,I ID. NINETY, nine. yrtr, from Ilr. hereof
h sr.U r.y,. ,., r.,,rr I,4 authority =, sue.
and Lr .r,t IN ~, r.rpu-g,r name. IN an,
..r-- If ,.,,.,r,,,,rf iurisdi,tior. Z, contract.
to make and il,c , common sea! and alter tr,
..,--s AZ r,l.l,rr,. o., .r.rfr-. pr,,.r.y ..,
,.,..,t ...r much ~, and o.. I',r-. az E..
go, s.',' f"' II '.l' 49,. ~ ,-r y,
rIl.,.,..r. nj ,r,i., .h,. - au -',f,,,f r..
r.,,.,,Tt'.~, w., - l. ,.,,...r.f,-1 ry ,..,. p,
, ,..,,,. M. ....,.,,-. E,,l. .,,.L. and r.tr- O.,
g,,,.,, .,,f r,.-,.-. ...l .,g,.. ID. -h,. I.,.r-
r,l. ~ ,r, .,.-..r.,,,,, NM, r.,.r,r, and p,
80, H. .-.,....,,..... g., -.,.,.. F....-.-. aud
-. ,-l o., MI. '..I ,.-r.r,r,.l t,.. l1,,..
,,,i r,.,.r .,,,.- .r .n,. ,..r,,,.,..,..,r 4
The bY,,l.c,, arrlrr, Of ,,id ,.rrors,!al rs
,,,, he r,,.,,,i.,r,. and ,.,.,..-,-,.
may 'g ne anu ,s -,-c,-,,i,,,
shall I. in the rity o5 New Orleans. State of
-,.... H.. -Il .,tgt,.rs "a .rr-r lr,.,I
-. hi nv. .,.r,,4 ,,,..rr .r,. r,r,,,l.,r
III - 80, If h. ,r..,,,,. ,,r,,r ,T,. y,,r.
/ ' L.. IL , ,E.. ,r...,,... 80 H.
-. 49,, l,,. -, ,r s..r,,r .r,,,.-
-
t,,.f III TIA. .l5..,. nj ,.rrr.s,- f,r
HI ,t, ..-,,,,..,,,,,, ID. ,-,,,riI.I and tn,
| -, -, ,b I,,.,,,,... -, I've ,..rr-,l al. f,y n
49,. Irf.,. T. .r.'rI -, i.. IN .,-,,ag. -, Lr,,..
| ,,,, and .,liIr., ,rrrLs bond, and all other
.,',S nj .,..,rr,Iir,. or n, own account or for
/ h. ,..,,,,,,, ~ ,-I,.,.. Il. inv and sell real
IT. and -, ,,,rt,,,,. and h,r,,br,,rr same.
| - ~ s ,,,,, ~ ,r,,stc. ~ -,,8,,,ti,,,, rbr
/ L,,.,,,,.. ~ nv ,rIr,rg the good, wares o.
! ,r,.r.h,rli.r of any rrr,ou. t,rrr or ,aTpor.t-
| ,,,, t,r Ir,L,r,,,. ar 9. r,,r,,,i.-i,r. and
| e,.rrr,Iiy T.. 10 ali lining, necessary and
, ,,r.,,.r ,,,r,,i,,-g =, such h1,i-r.- Tins
rL,,ria,,r.,,, .I.ii have I,.c- IN 10 Lu,,r,,,
! I'm ms .,.ta the frd,r5I districts. the trrrI-
| -. III ,'.-...-.,...,- - ,r. Trr,,.4 St,-..
and IN fnrrign ,ouutrir,
/ ArtIrlr IN-Thc ctpital stock of this cor
| rnr,,,,D i. hereby drrr4r,d ~ be the sum OF
! Evc tr.r.,rd d,iIars ,s5.urD. divided into
! my shares Of SIX Der cent cumulative stock
! nj 1rr Eurfrrd dollars each. the amount OF
! och shan shall he ulid for nm accordance
| ,,ith Law and tin, CORPORATION shall be opcr-
! a,iyr and 90 INTO business and become a gong
! concern ,,hru TWENTY-FIVE shares Of its cap
! ,,.I sol Shall have L,,o subscribed and
| mad f,r
! No transfer Of stock shall be binding upon
/ III. ,,r,.,r,,,,l unless sane aprcars ON The
| IL ,L.-..f
| ArrirI, VI The rorrarstf uov-crs of this
! connection shall I,. vested IN a board Of dr-
| rrriors To- I,. composed Of three directors. two
| If ,yhon shall constitute quorum for the
| ,-,,,.arti,r 81 Iv.ir,.. fo he elected bv the
! 1. Il
on the fourth Monday i'm June, IN each year.
/ Notice of all stock meetings. except the ore
/ ,,,';,,,,,,, rI.rf,r,r Snail Ir givcu T., each
/ ,f.,LhoIIrr. i'm writing. delivered personally
/ or by dcpg,iti1p in the post office. addressed
! >, tIr f'st L-.V.1 address Al least fifteen
! 5gys l,f,rr tN,. meeting
| } At all meetings of elections Of this cor
! p,-3ri,u each stakeholder shall he entitled
| 10 one vote for each share OF stock standing
| in his name on the books Of the company,
| which vote shall be cast in person or by
! vrittru uroxv.
| / The Board Of Directors shall have the
/ mower ia MAKE. all bv-lavs. rules and rcpula-
! tinrs rrrcss.r, for The conduct Of the bust
/ rs sfairs nj said corrora.ion. shall elect
iron, tbcir number a president. yicr-prcsidcnt
and a secrctarv-trcas urer, the latter OF whom
r sL1II 80 sch bord and security as the
! hoard Of directors NAV require.
/ The 6rst hoard of directors shall be elect
oil At a Meeting Of the Subscribers 10 the can
,,al s,ock 10 lie held n the douicile Of the
! -pr on the 18th dav OF August. 1918.
md y,bcn elected such directors shall hold
once until the fourth Monday in Tuuc 1910
ar until their successors have been elected
and 0u,liied
Article VT-Tbe capital stock of this cor
nnratior nav he inrrcased 10 one hundred
thousand dollars (SlOOn0OO at anv time, in
the Discretion Of The hoard Of directors and
u, accordance with the laws of this state
This chatter may he amended altered or mod
fled or the corporatiou dissolved. by a vote
of tyyo-t thirds Of the Stockholders voting by
shares al a meeting convened for that pur-
nose
Article VII.-No stakeholder of this corpor-
alton shall ever be held liable for any of the
Indebtedness, contracts or faults thereof, in
any further sum than the unpaid balance due
the corporation on inc snaIeS owned Dy nun
r.. he etJect of rendering this chatter null
oT ~ rxnosing a sbareboIder 10 any liability
whatever
Article villa failure at anv time to hold
meetings or elect directors or officers as
herein provided shall n.,, work forfeiture
Of This charter, or dissolve the corporation,
but the existing board OF directors and officers
snail continue IN once utltiI theH SUCCESSORS
nave been elected' wnich ele0uoh shdll Oe
held as soon as possible. -. A.: IL
Article lA.-At the eNpii5uoIl Oh llils ehdI maj,
ter, unless sooner dlssoIVeu, us anairs shaIl
be liquldated by one OF Hl1Ie commissioners
TO be appointed by the stockn I III ne sr.
INFESTED with full power to sell all the assets
and nronertv. real or personaI. Of this corpor-
alton, and to convey a full and complete title