The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-21
CHARTER
CHARTER OF


United States Of America, State of Louis
lana, Parish of Orleans, City of New
Orleans.
BE il known, that on this 10Th day of
the month of February, in the year OF
our Lord, one thousand. nine hundred and
eighteen Q9lS), and of the Independence
of the United States of America the one
hundred and forty second,
Before me. John Marshall Quintero. a
Notary Public. duly commissioned and
qualified. in and for this city and the
Parish of Orleans. therein residing, and in
the presence of the witnesses hereinafter
named and undersigned, personally came
and appeared:
The several persons whose names are
hereuntO subscribed. of the full age OF ma
jOrity, who declared to me, that, awaiting
themselves of the laws of this State rel
alive to the organization of corporations,
they have cOvenanted and agreed, and, by
these presents, do covenant and agree for
themselves and their successors and as
signs, to form themselves into a corpora
ton and body polite in law for the OBJ
jects and purposes and under the stipula-
tons hereinafter set forth.
Article 1.-The name and title of this cor
pOratiOn shall be "Credito Indo- HiSpano,
Inc" and under such title il shall have
and enjoy succession and existence for
period of ninety nine years from the date
hereof; ii shall have power and author
use a corporate SEAL the same to break
and alter at pleasure; to hold, sell, lease
mortgage, hypOthecate, or pledge proper
". real. personal or mixed, necessary, IN
cidental or proper for the carrying on of
its business, as well as to issue bonds
by such mortgages; to buy and hold stock
in any other company or companies; to
make and issue notes and certificates OF
Indebtedness; to name. elect and appoint
managers, directors and clerks. or other
employees, to properly conduct its corpor-
ate business, and to make bylaws, rules
and regulations as may be found neceS-
sary or desirable for the management and
business affairs of this corporation. and
generally to do every other act. matter or
thing necessary for the complete and
proper carrying out of said business.
Article 1.-THE domicile of this corpor-
alton shall be in the City of New Orleans,
State of Louisiana, where all citation and
other legal process shall be served upon
the President, or. in his absence upon the
ice-President, or, in the absence of both,
upon the Secretary-Treasurer. The cor
pOratiOn shall have its principal Office in
the City of New York, State of New York.
Article III.-The objects and purposes
of this corporation are hereby stated and
declared to be: To do general mer-
camille business of every kind and char
acter whatsoever throughout the United
States and with the South and Central
American Republics, Mexico and Cuba,
and to represent, in this State or else
where, as agent and otherwise, commercial
houses of the aforesaid countries; to buy,
sell and deal in stocks. real estate, bonds
and securities of all kinds, as well as bills
of exchange and letters of credit, and gen
orally to do any and all things incident
to or connected with the said objects and
purposes.
Article IV.-The capital stock of this
corporation is hereby fixed at the sum of
One Hundred Thousand $500 100000 Dol
lars, divided into one thousand 1,OO0)
shares. of the par value of one hundred
$4,000 dollars each. This capital may
he increased to One Million Dollars ISL,
000,000OO. The stock shall be issued and
paid for as provided by law. The Com
pany may begin business when fifty per
cent. of it's subscribed capital stock shall
have been paid for. Certificates of stock
shall be full paid and worcestershire.
Each share of stock shall be entitled to
one vote, either in person or by written
proxy.
Article V-AIl the corporate powers of
this corporation shall be vested in and
exercised by a board OF directors to be
composed of three stockholders. each of
whom shall own in his own right. during
his term of Office, at least one full paid.
non pledged share of stock, which shall
be shown by HIS written declaration, two