The herald. [volume] (New Orleans, La.) 1905-1953, 1915-04-08
CHARTER
OF PAN-AMERICAN SECURITIES COM
PAEY, INCORPORATE.

United States If America, State Of Louisiana,
Parish ui Orleans.
3, d; known. That on this 9Th day Of March,
IN the year Of our Lord, one thousand nine
hundred and fifteen, before ne, Pierre D.
Olivier, a notary public and IgT the state
Of Louisiana, Parish Of Orleans aforesaid,
duly commissioned and qualified, and IN the
presence Of the witnesses hereinafter named
and undersigned. personally came and ap-
pearcd the several persons whose names are
hereuuto subscribed, who declared 70 me, no
tary, IN the presence Of the uudeTsI gucd vat
nesses that, avallIuC themselves % the pro
visions II the laws Of the State Of Louisiana,
they have mutually agreed and contracted
and by these presents do agree and contract,
and bind and obiIgate themselves, their heirs
and assigns, and all persons VINO may mere
after become associated with them herein, 70
form a corporation under the name and for
the objects and purposes, and under the terms,
StIpulatIOns and provisions contained IN the
following articles, t1-Wlt.
Article The name Of this corporation
shall be Pan-AmeriCan Securities Company,
Incorporated. and under ITS said corporate
name i shall have and enjoy a corporate eN-
iStenoe and succession for fifty $50 years,
from and after the date hereof, unless sooner
dissolved by law; and by and under that
name II shall have, enjoy and exercise all
rights, powers ard privileges now granted or
that may hereafter be granted by law TO cor
poratiOns OF this character.
Article 1.-The purposes for which this cor
p0ratiou Is formed are hereby declared 10 be:
=
ture whatsoever, including obligations
curities Of any kind. This corporation shall
have power 10 do business in this state. the
federal districts, the territories and posses
sions Of the United States, and in foreign
countries.
Article III-The domicile of this corpora
tion is hereby declared TO be in the City Of
New Orleans. State Of Louisiana.
Article IN-The capital stock Of this cor
poration is hereby fixed al the sum Of fifteen
thousand (sl5OO.00) dollars, divided into one
hundred and fifty $50 shares, OF a par value
Of one hundred $500 dollars each. The CAPT
tai stock Of this corporation NAV be increased
10 two hundred thousand (S30O.00) dollars.
None of the stock Of this corporation shall be
preferred stock.
Article V-Al of the corporate powers Of
this corporation shall be vested in a board Of
directors, 10 be composed OF three 90 stock
holders, 70 be elected annually on the third
Monday in January IN each year, unless such
day be holiday, in which event said cleo
tion shall take place on the next succeeding
day which IS not holiday. All such cleo
lions shall take place by ballot and each
stakeholder shall be entitled TO one "a vote,
IN person or by proxy, for each share Of stock
standing in his name. The majority Of the
votes cast shall be sufficient to elect.
Notice of all meetings OF stockholders shall
be given provided by law.
The board Of directors shall elect from
among themselves president, a secretary and
a treasurer.
The following persons have been chosen as
the first board of directors Of this corporation,
to serve until the third Monday of January.
lqlb, or until their successors are elected.
Crawford II. Ellis. 1912 Palmer Ave, New
Orleans, La; Joseph r. Wynne, 1872 Annun-
citation St, New Orleans. La; Percy D.
Parks, 800 Napoleon Ave, New Orleans, La.
The said Crawford H. Ellis as president;
the said Joseph B. Wynne as secretary and
the said Percy d. Parks as treasurer
Article Nl-This corporation may be dis
solved, and its affairs hquidated provided
for in act No. Do Of the Louisiana Legislature
Of 1914.
All Of the subscribers hereto are to pay in
cash for the stock subscribed TO by them, ex-
cept Crawford II. Ellis. who is to give in ex-
change and in payment of the shares of stock
subscribed TO by him, certain property, an
accurate, detailed and itemized description of
which, as to amount, location, extent, char
scter and state of improvement, together with
a statement OF its value as appraised by the
directors, is annexed TO and made part of
these articles of Incorporation.
Thus done and passed at the City of New
Orleans, state OF Louisiana, on the day and
date herenEbove written, and in the presence
OF Messrs. Esmond Phelps and Frank A
Miller, competent witnesses, who have signed
these presents with the said appearers and
me, notary, after due reading of the whole
Che original is signed Crawford H. Ellis
1912 Palmer Avenue, lao shares; Jos. B.
Wynne, l22 Annunciation St, 5 shares; P.
p p; Parks, 800 Nae sHs! Avenue shares
Jr., Pierre ID. Olivier, Notary Public.
the undersigned recorder Of mortgages, in
and tor the Parish OF Orleans, State of Louis
lana. do hereby certify that the above and
foregoing act Of Incorporation, of the Pan
American Securities Company, Inc, was this
day duly recorded in my Office, in book =,
folio =. New Orleans March, 1915
EMILE J. LEONARD, Dy R
/ certify the above and foregoing TO be q
true and correct copy of the original act of
incorporation Of the Pan-American Securities
in nv Office. New Orleans, March the sth.
1915. (SeaD (Signed) Pierre D. Olivier Notary
Public Moh. ll-ls-2S-Ppr. 1915.