The herald., 1918-04-25
CHARTER

OF THE NEW ORLEANS PAWN BROK.
Frs ASSOCIATION, INC.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA
PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be it known, That on this 18th day of
April, in the year of our Lord one thousand
nine hundred and eighteen, and of the In
dependence of the United States of America,
the hundred and forty second.
Before me, Arthur A. Moreno, a Notary
Public, in and for the Parish of Orleans,
State of Louisiana, duly commissioned and
qualified, and in the presence of the wit
nesses hereinafter named and undersigned,
personally came and appeared the following
persons whose names are hereunto sub
scribed, who severally declare that availing
themselves OF the provisions of Act 254 of
1914, relative 10 the organization of nom
trading corporations, they have covenanted
and agreed, and do by these presents cove
nant and agree, and bind and obligate them
selves, well such other persons as may
hereafter become associated with them or
their successors, to form and constitute
themselves into a corporation and body poll
tic in law, and for the objects and purposes
and under agreements and stipulations to-
wit:
Article 1.-The name and title of this
corporation shall be the New Orleans Pawn
Brokers Association, Inc, and by that name
said corporation shall have power and au-
thOrity TO have and enjoy succession for the
full term of ninety-nine years from the date
hereof; to contract, and be sued; to
| make and use a corporate seal; to purchase
and receive, lease. hold, sell, convey, as
well as mortgage and hypOthecate, property
real. personal or mixed; TO name and appoint
such officers and agents the interest of
said corporation may require; and to make
and establish such bylaws and regulations
for the proper management and regulation
OF its affairs may be deemed necessary,
an dthe same TO change and alter at pleasure
Article 1.-THE donicile of said corpora
ton shall be in the City of New Orleans,
State of Louisiana, and all citation and other
legal process shall be served upon the presi-
dent of said corporation, and, in case of
his absence, upon the vice -president and
in case of the absence of both of these of
ficers, in the manner provided for service
upon a domestic business corporation.
Article IIl.-The objects and purposes for
which this corporation is established are de-
clared to be for nOn-trading and social pur-
poses, TO assist and encourage the advance
ment OF the material prosperity and progress
OF the national Government, State of Louis
lana, and the City of New Orleans, to pro-
mote the general interest of the business
OF pawn brokers, to advise and consult to
the end of promoting legislation for the
proper conduct of the business of pawn brok-
ers; TO aid the State and city officials in
the efficient enforcement of the State and
Municipal laws relative to the business of
Pawn brokers; to do all acts in furtherance
of the welfare Of the community in so far
brokers.
Article IV.-The membership of this cor.
poration shall be elected from time to time
in the manner prescribed by the rules and
regulations of the Board of Directors and
shall pay annually as dues an amount not
to exceed $500 to be fixed by the Board
of Directors at its first meeting in each
year after January LIST, but not to exceed
$500.
Article V.-No member shall ever be liable
or responsible for the Indebtedness. faults.
or defaults of this corporation, nor shall any
mere informality in the organization of the
corporation have any effect of rendering the
charter null or of exposing the members 10
any liability whatsoever.
Article NI.-This corporation shall have all
powers granted to such corporations by laws.
and shall have the power TO contract, sue
and be sued, in its corporate name, and to
own real estate not to exceed the amount
fixed by law, to borrow, lease, purchase,
sell and convey any property real or per
sonal necessary to the and purposes for
which this corporation is organized. or mort
gage and hypothecate any all of its
property, and to do any and all acts and
things Of any other kind, nature descrip-
ton, as may be necessary to carry out the
objects and purposes of said business, as its
interests and canveniences may require.
Article NII.-The business of said cOrpo-
ration shall be directed by and vested in
Board of Directors composed of eleven mem
bers to be elected annually at meeting
OF the members. The members of the Board
of Directors shall have all the power vested
by law in the Board of Directors and shall
have the further power to adopt such by
laws, rules and regulations for the govern
ment and guidance of the members of the
Association. The Board of Directors shall
also have the power to call a special meeting
of the members of the Association, by Civ
ing written notice to each seven days in
advance of the date of said meeting, mailed
TO their last post office address. to try any
4 II. Il u
rules and regulations or of the bylaws and
charter of the Association, TO fix the man.
| ner and procedure of trial, and to expel any
member after trial whenever the majority Of
| those trying him in the manner herein pro-
vided for shall vote for his expulsion, and
the fact that the courts of the State have
not passed on the said alleged violation shall
not be a bar TO the power of the Board of
Directors to eXpel such member The Board
of Directors shall have the right TO promote
by adequate means the passage and enforce
| ment Of the necessary laws and ordinances
for the proper conduct of the business of
pawn brokers. A majority of members of
the, Board Of Directors shall constitute a
business of the Association. The Board of
Directors shall be elected annually at a
| meeting held on the first Monday in April
Of each year, at such time and place as shall
be designated by the president after proper
notice, and the directors shall be chosen by
ballot The first board of directors who
shall hold office until the annual election
of April. 1919. shall be Morris ]. Rosenthal,
Joseph Rittenberg Gus Mchaelis, 6. Fer
| tel. s. ]. Hart, NJ. NJ Levy, c. Cohen. ].
Winehill, p. Copeland, III. Koritzky. and
| Charles Weinberger. All vacancies on the
1 Board of Directors occurring between cleo
| tions for whatever cause shall be filled by
the remaining directors. Charles Weinberg
er shall be first president. Morris NJ Levy
shall be first vice. president. and Morris
Rosenthal shall be first secretary, and Joe
Rittenberg treasurer. Failure to elect di-