The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-15
CHARTER OF COLLECTION COMPANY.


United States of America, State of Louis
lana, Parish of Orleans, City of New Or
leans. Be it known, that this 10Th day
of the month of April, in the year of
Lord, One Thousand Nine Hundred and
Nineteen Q9l9), before me, Watts X. Lev
erich, Notary Public, duly commi ssioned
and qualified in and for the Parish of Or
leans, State of Louisiana, and in the presence
of the witnesses hereinafter named and I'M
dersgned, personally came and appeared the
several persons whose names are hereunto
subscribed, who severally declared that avail
ing themselves of the provisions of the laws
OF this State relating to the organization of
corporations, they have contracted and agreed
and do by these presents contract and agree
and bind and obige themselves, as we'll as
such persons as may become associated with
them to form themselves into and to con-
stitute corporate body polite in law with
conditions and stipulations of the following
articles, to-wit:
ARTICLE 1.-The name OF this corporation
shall be Collection Company, Inc, and I'M
der its corporate name it shall enjoy sue
cession for the period of ninety nine years
from date hereof, unless sooner dissolved by
liquidation or otherwise, and shall have
power and authority to contract, to sue and
be sued; to make mortgages, hypothecations
and pledges, to make and use corporate
seal and to alter and break same at plea
sure; to hold, receive, lease, purchase, SELL
transfer, assign, mortgage, hypothecate, pledge
or otherwise receive, use or dispose of prop
erty, real, personal mixed, corporal and
Ineorporeal; to issue bonds and to secure
the same by mortgage or pledge: TO buy
and hold or dispose of stock in other com
panies, or to acquire retire or reissue its
own stock; to create and accept mortgages
| pledges or other hypothecations; to elect and
| appoint such managers, agents, directors or
| ofiicers as It may require; to make and es-
| taollsh, alter and amend, rules, bylaws and
regulations TOR its proper government.
| ARIlCLE H.-The domicie of this corpo-
| ration shall be in the City of New Orleans.
Parish of Orleans, State of Louisiana. and
citation and other legal process shall be
| served upon the President of the corporation.
and in the event of his absence, Shall be
served upon. the Vice President of the cor
poration, and in the event of the absence OF
both the President and Vice President shall
De served on the Secretary Treasurer of the
| corporation.
ARTICLE III-The objects and purposes
gained, and the nature of the business n
be carried on by it are declared to be as
| follows: To deal in, buy and sell. as
principal or agent, real estate and lands
improved and unimproved and TO improve
| the same; to buy or otherwise acquire and
| to sell or otherwise ALLEVIATE, and 10 en-.
cumber. pledge and hypothecate mortgages
mortgage notes, other notes, bonds, and ali
other classes of securities. and to borrow
ana iend money on property, real and per.
| - ,.ONn' VI otncr securities: 10
| iease. rent: or hire property as agent or tris-
| tee or holding company for individuals. firms
or corporations. for its own account. and
TO do any and all things necessary and
4 proper. incidental or pertinent to the pow
ers herein set forth and TO the business
hereby authorized. provided that said Com
pany shall not engage in the business OF
| stock iobbing
ARTICLE IV.-The corporate stock of
fhis corporation is hereby fixed at the sun,
OF Five Thousand Dollars fs5ooon0), divided
into and represented by fifty (s0) shares of