The herald., 1918-04-04

Orleans. 'e3nS City 0: II
lie II known, that on this To-,
tAt month OF February. in ia aiI Z
our LORD. one thousand nina tue !sc
eighteen islSl. and Of The Il1nafet Y
OF the United States OF Ana-iNe.e peoesse
hundred and forty-Second. I. u
Before ne. John Nsr,bsu al,
Notary Public. duly corr1isSS. Iatsft
qUa!lned. in and for this ci,-aec u
tNrlsh or Orleans therein resi5;,sA e q
lAe presence Of the Witr-ssas IS ~ I
ana l ,ii'I aac Undersigned persoHsIlI =.
The several persons wboso
HItL.-hlO >lbseE bed. Of the fun a. y
l0rlty' VINO declared 10 ne. tb,, u
themselves OF the laws Of this s,..tu-a
49, % tAt Organization Of eorso.s.,INs
ny nav covenanted and sgreed - 4
these Presents, do covenant snS IA
them selves and their snecsSSo.. @sfs r
signs, to form themselves inio I'd .
non ana body polite in Law "a. "a
!ects ana purposes and under n s.'.
lions hereinafter set forth. '-R-%
Article 1.-The name and ti,la 49,,
poratlon shall be "Credito Insa- I. s =
Inc, and under such title h sh.T - -
ana ENJOY succession and exis,s1-- a. -
perloC OF ninety nine years fror, =, - y
nereOf; II shall have power sns - -
II! 10 contract, sue and be sued 49,
use corporate seal. the SANE "a -. ~
ana alter at pleasure: TO hnId Al, -
mortgage. hypOtheCate. or pledes - -
y, real, personal or mixed nscss,!,.'e 80
CldentaI or proper for the CARVING Z, :
Us business, as well as TO issgs -
o! Sucn mortgages; 10 buy ana hos -
IN an! otLer company or eOnpaajss.
make and issue notes and ee-ttsc-.., :
Indebtedness; 10 name. elect sn5 80
managers, directors and eIerk. a, - -.
employees, 10 properly conduct its -.
ATE business. and TO make by-lsrs a.
ana regulations as may be found -
sary or desirable for the mauSzeues. ~
business affairs Of this corporsrio, ~
generally TO do every othe. sci m,-,,, >
, thing necessary for the conpl,, ~
proper carrying out OF said busiDess
Article 1.-THE domicne of this s,,,..
alton shall be in the City OF New O,s,-,
state OF Louisiana. where all Citsris, M
other legal process shall be served "a
the President. or. in his absence. up,s >
Vice President. or. in the absence q 10
upon the Secretary Treasurer. Tie 81
poration shall have its principal Oh.
the City Of New York. State Of New Iri
Article III.-The objects and pzr.-
OF this corporation are hereby stitei 4
! declared 10 be: To do a general y
camille business of every kind and Or
acter whatsoever throughout the u,z
States and with the South and c11
American Republics, Mexico and On
| and 10 represent. in this State Or -
where, as agent and otherwise. eounTz
houses of the aforesaid countries; to "
sell and deal in stocks. real estate. -
and securities of all kinds, as well u y
| of exchange and letters of credit. and y
| orally TO do any and all things i,dic
TO or connected with the said obi6H q
purposes.
Article IV.-1he capital stock Il =
corporation is hereby fixed at the -
| One Hundred Thousand (slOoo0 .
lars, divided into one thousand uk
shares. of the par value Of one hIiis
| $4,000 dollars each. This espitf =
be increased TO One Millioa DellArs q
OO0.O00.0o). The stock shall be iss1s
paid for as provided by law. Ihs %
pany may begin business when I'M
cent. of its subscribed capital steci :.
shall be full paid and ncn-sssesaH
Zach share of stock shall be entfd
one vote, either in person or b. rn1
proxy.
Article V.-All the corporate pose
this corporation shall be vested
exercised by a board Of directsn
composed of three stockholders 90
whom shall own in his own ngnt -
his term of Office. at least one " -
nom pledged share Of stock vhin
be shown by his written deciarsnh
of whom shall constitute q qssn1
the transaction Of business
The first Board Of Directen ~
officers hereinafter provided fef
elected within thirty days are -
of the execution Of this set Of hNr
ton.
The annual meeting for the eea
officers and Board Of DRedeS -
the first Board Of Directors ~
herein provided for, shall be nd1
first Monday in January OF eaen ~ =
year, and a majority OF the So q
scented, either in person or oy p',nE
elect. The failure TO elet = - =
Directors, as herein proviae 80 3
not work a forfeiture Of TINS .1 -
the old Board of Directors sA.. -
in office until their successors
and qualified.
The Board Of Directors shan ". -
it's own number a President e
dent and a Secretary-Treaseia
also elect an honorary presios -
Article Win the event the 80 &c |
shall be dissolved. either oy - - . |
otherwise, the Board OF Diress. d
power shall hquidate the - |
corporation. after thirty days =. -
tice Of their intention 50 70 -, y
all of the stockholders which - 4.
be mailed by the Secretary - - |
known Mace of residence OF 90
holder. -
Article Vu-This act Of 49,
may be modified, changed OF ~
this corporation may be dis:es -
with the assent Of the noias ..rct,3
thirds in amount OF the tnen 4 ~
stock given at q general menu. .s;.J n
holders to be convened aftd
notice mailed by the Secret-'
above provided. ssy
Article VIII.-No stocknoh1. 81
held liable or responsible -, ~
or faults Of this corporau9a. ,.scs =
Their sum than the unpaid bah -
the CORPORATION on the shsls m . y
him. nor shall any mere infei -
ganization have the effect
this charter null or Of expo3 X -
holder to any liability oeyes'
of his unpaid stock. II any a.
Thus done and passed. u :! ~
the City of New orleans. .s,,s ~
!; month and year herein nrst 40
in the presence OF Messieo, ,stsf
: Ritter and Albert Ritter: ~
nesses. who hereuRto sag. re
| with the said appearers ans "a "
, after reading Of the whois. at
{ appearers have set opposIie
! their addresses and the nnn1
subscribed for by each Of 'hc<,,s
Roberto A. Name. 1896 81 ST. q
80 shares: Manuel Governs x,sr
/ tania St. 500 shares; RoDer'yr Lr-
{ per Manuel Goyenaga. lH
: York, 80 shares. ~ y
Witnesses: 4. II. Ritter, "
J. VI. QUINTEKyS..r
r I. the undersigned. Eec 9sS Il
cages, in and for the HnsI -
. State Of Louisiana. do heIe, AZ -
the above and foregoing ~ is,ssa
! ton of the Credito lndci n n
was this day duly recoroeu
in Book 1919. Folio = -
RI New Orleans. February roSiRR
4 (signedD EMILE j.