The herald., 1918-03-07

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 anu
eighteen obs. and of the Independence
of the United States of America, the one
hundred and fOrty-secOnd,
Refore me. John Marshall Quintero, q
Notary Public. duly commissioned anu
qualified. in and for this city ana the
Parish of Orleans. therein residing. ana IN
the presence of the witnesses hereinafter
named and undersigned, personally came
and appeared: - uo
berpuntO subscribed of the full age of ma
iority, who declared to me, that, avalnhS
themselves of the laws of this state rel
ative to the organization of corporatlohs
they have cOvenanted and agreed, anu Dy
these presents, do covenant and agree TOT
themselves and their successors ana as
signs to form themselves into corpora
ton and body polite in law Tor the Oh
jectS and purposes and under the stlpula'
tions hereinafter set forth.
Article 1.-The name and title of TINS cor
poration shall be "Credito lndo- HlspanO
Inc" and under such title IL shall nav,
and enjoy succession and existence lot
periOd of ninety-nine years from the udt'
hereof: il shall have power ana author,
ity to contract, sue and be sued. MAKE ahI
use corporate seal, the same TO preaf
al
mortgage. hypOthecate, or pledge proper
ty real personal or mixed, necessary, IN
cidcntal or proper for the carrying on o.
It's business as well as to issue bona:
NV such mortgages: to buy and hold stool
in any other company or companies U
make and issue notes and certlhcates o
indebtedness: to name. elect ana appolh
managers, directors ana clerks: OF olnsI
emnIoyes to properly conduct its corpor
ate business and to make bylaws, rule'
and regulations as may be round neces
Sary or desirable for the management ah'
| business affairs of this corporation, ah'
generally to do every other act matter o.
thing necessary for the complete an'
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 ant
other legal process shall be served upol
| the President, or, in his absence, upon IN
Vice President. or. in the absence OF Doth
upon the Secretary Treasurer. Inc coL
poration shall have its principal onlce II
| the City of New York, State OF New YORK
| Article III.-The objects and purpose
| of this corporation are hereby stated am
declared to be: To do general n iher
acter whatsoever throughout the tnlte'
States and with the South and Centra
| American Republics, Mexico ana CuDa
and to represent. in TINS state OF elie
| where, as agent and otherwise commercla
houses of the aforesaid countries; TO buy
sell and deal in stocks, real estate, bonn
and securities of all kinds, as well as Dill
of exchange and letters of credit. ana zen
i to or connected with the said objects an
Article Iy.-The capital stock of thi
| corporation is hereby fixed at the sum Q
One Hundred Thousand (Sl00,O0OOO) Dol
lars, divided into one thousand ll'uoo
| shares. of the par value or one hnhure
| $4,000 dollars each. This capltal ma ma
be increased to One Million Dollars tsl
600 900 OO. The stock shall be issued an
maid for as provided by law. The CON
pany may begin business when nifty pc
cent of it's subscribed capital stock sha
lhave been paid for. Certificates Oh stoC
shall be full paid and non-assessabl
Each share of stock shall be entitled !
one vote, either in person or by write
proxy. --
this CORPORATION shall be vested in an
exercised by a board of directors TO [
composed of three stockholders each
WHOM shall own in his own right, durln
his term of office. at least one full pan
lnon-pledged share of stock, which sha
tbe shown by his written declaration, wv
Iof whom shall constitute quorum II
1.-The transaction of business. -,
| The first Board of Directors ana I,
officers hereinafter provided for shall
D elected within thirty days after the ga
of the execution of this act of incorpor
ton. ..
officers and Board of Directors, exec
the first Board of Directors and office
Q herein provided for, shall be held on 9
first Monday in January of each ana eve
: year, and a majority OF the STOCK repr
scented, either in person or by proxy, sh;
elect The failure to elect Board
d Directors, as herein provided for, shi
not work a forfeiture of this charter D
the old Board of Directors shall rema
u in office until their successors are elect
and qualified.
The Board of Directors shall elect fro
L Its own number a President, Vice-P
o dent and n Secretary Treasurer. Ii m
also elect an honorary president.
Article Win the event the corporati
shall be dissolved, either by limitation
iotherwise the Board of Directors then
n mower shall liQuidate the affairs of
d corporation after thirty days written n
i tice of their intention so to do given
all of the stockholders, which notice sh
be mailed by the Secretary to the IL
known place of residence of each stoc
holder.
- Article vII.-This act of Incorporate
= may be modified, changed or amended,
this corporation may be dissolved, by a
with the assent of the holders of tw
thirds in amount of the then outstandl
stock given at a general meeting or stoc
holders to be convened after thirty da
notice mailed by the Secretary, as here
D above provided.
Article VIII.-No stakeholder shall
held liable or responsible for the contra
T or faults of this corporation in any II
- ther sum than the unpaid balance due
the corporation on the shares owned
him, nor shall any mere informality in
ganization have the effect of renderi
y. this charter null or of exposing sto'
holder to any liability beyond the amot
&c of his unpaid stock, If any.