The herald., 1915-04-15
CHAR
CHARTER
OF PAN-AkERICAN SECURITIES COM
PANY, INCORPORATED.

United States %; America. State Of Louisiana,
Parish q Orleans.
BE u known. That ou ;Gss 4,h day Of March,
rr he year Of org Lord. one thousand niue
hundred and at-,-r before ne. Pierre d.
Olivier, notary public "a and Tor the state
~ Louisiana. PARISH % Orleans Aforesaid,
duly co-rrs..Yr-i and qualified, and IN the
presence + the NlfUrsseS hereinafter named
and uIrsrs..-e. TsISl-ally came and ap-
uca-sl the several persons whose names are
he-e--ty Subscribed ~ry declared to me, no.
rary .- the presence Of the uuteTs gueI wit
ns.srs hat, ayai.lry themselves Of the pro
visions II the laws 4 the State Of Louisiana,
they have mutually agreed and contracted,
and by these presents do agree and contract,
and bind and nh.ssatr themselves, their heirs
and assigns, and al. persons Who may here
alter become associated with them herein, %
form a corporation under the name and for
the objects and purposes, and under the terms.
supulatIonS and provisions contained N the
following articles, tO-wlt.
Article The name Of this corporation
shall be Pan-AmeTSan Securities Company
Incorporated, and under is said corporate
name d shall have and enjoy a corporate eN-
lstcnCe and succession Tor nifty 80 years,
from and after the date hereof, unless sooner
dissolved by law; and BY and under that
name 1t shall have, enjoy and exercise all
rights, powers ard privileges now granted or
that may hereafter be granted by Law 10 cor
poratiors Of this character.
Article 1.-The purposes for which this cor
poration Is formed are hereby declared 70 be:
To buy, sell and deal IN property OF any ma
ture whatsoever, including obligations or Sc
curitics OF any kind This corporation shall
have power to 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.
ton is hereby declared to be in the City Of
New Orleans, State Of louisiana
Article IV-The capital stock of this
poration is hereby fixed at the sum OF fifteen
thousand Csls,UOOO) dollars, divided into one
hundred and fifty NSO) shares OF par value
Of one hundred (slOO dollars each. The CAPT.
tai stock of this corporation may be increased
to two hundred thousand 10000 dollars.
None Of the stock Of this corporation shall be
preferred stock.
Article V-All Of the corporate powers of
this corporation shall be vested in a board OF
directors, 10 be composed Of three GO stock
holders, TO be elected annually the third
Monday in January IN each year, unless such
day be a holiday, in which event said cleo
ton shall take place on the next succeeding
day which is not holiday. All such cleo
tions shall take place by ballot. and each
stakeholder shall be entitled 10 one % 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 as provided by law.
The board of directors shall elect from
among themselves president, secretary and
treasurer.
The following persons have been chosen as
the first board Of directors of this corporation,
1916, or until their successors are elected
Crawford II. Ellis, 1912 Palmer Ave, New
Orleans, La; Joseph B. Wynne, 1872 Annun-
citation ST., New Orleans, La; Percy d.
Paris. 800 Napoleon Ave, New Orleans, La
The said Crawford II. Ellis as president;
the said Joseph B. Wynne secretary and
the said Percy D. Parks as treasurer
solved, and its affairs liquidsted provided
for in act No. 26 Of the Louisiana Legislature
of 1914.
cash for the stock subscribed to by them, ex-
cept Crawford H. Ellis, who is TO give in K
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
aeter and state Of improvement, together with
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 herenabove written, and in the presence
OF Aessrs. 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.
CThe original is signed Crawford H. Ellis,
1912 Palmer Avenue, lD shares; Jos. B.
Wynne, 1852 Annunciation ST., 5 shares; p.
ID. Parks, 800 Napoleon Avenue. 5 shares.
Witnesses Esmond Phelps, Thos. c. Nichols,
Jr, Pierre ID. Olivier. Notary Public.
/ the undersigned, recorder of mortgages, in
and for 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, by. R
certify the above and foregoing to be a
true and correct copy of the original act of
Incorporation of the Pan-American Securities
Company, Incorporated. on file and of record
in my Office. New Orleans, March the 5th,
1915. (SeaD (SignedD Pierre d. Olivier, Notary
Public. Mch. ll-ls-2S-Ppr Isis