The herald. [volume] (New Orleans, La.) 1905-1953, 1919-05-08


United States. of America, State of Louis
lana, Parish OF Orleans, City of New Or
leans. Be it known, that on this 10Th day
Of the month of April, in the year of our
Lord, One Thousand Nine Hundred and
Nineteen 09l9), before me. Watts X. Lev
erich, Notary Public, duly commissioned
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
dersigned, 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 oblge themselves, well as
such persons may become associated with
them, to form themselves into and to con-
stitute a corporate body polite in law with
the objects and purposes and under the
conditions and stipulatons of the following
articles, to-wit:
ARTICLE 1.-THE name OF this corporation
shall be Collection Company, Inc, and un-
der its corporate name it shall enjoy sue
ession for the period of ninety nine years
rom date hereof, unless sooner dissolved by
liquidation or otherwise, and shall have
1ower and authority to contract, to sue and
he sued: to make mortgages, hypOthecations
and pledges, to make and use a corporate
seal and TO alter and break same at plea
sure; to hold, receive, lease, purchase sell,
or Otherwise receive, use or dispose OF prop.
erty, real, personal or mixed, corporeal and
incorporate 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 or retire or REISSUE its
own stock; to create and accept mortgages
pledges or other hypothecations; to elect and
appoint such managers, agents, directors or
oiflcers as 1t may require; to make and es-
tablish, alter and amend, rules, bylaws and
regulations for its proper government
ARTICLE 1.-THE domicle 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 he
served upon the President of the corporation
and in the event of his absence Shall be
served upon the Vice President of the cor
poratlon, and in the event of the absence of
both the President and Vice President. shall
be served on the Secretary Treasurer of the
ARTICLE 1IL-The objects and purposes
for which this corporation is created and or
canned, and the nature of the business to
be carried on by it are declared 10 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 to en-
cnmber' pledge and hypothecate mortgages.
mortgage notes, other notes, bonds and all
otner classes OF securities, and to borrow
and lend money on property. real and per
ssonal. notes. stock, or other securities: 70
lease, rent: or hire property as agent or trus-
zee or holding company for individuals. firms
or corporations. for its own account and
to do any and all things necessary and
proper. incidental or pertinent to the pow
ers herein set forth and to the business
hereby authorized. provided that said Com.
panv shall not engage in the business of
stock iobbing
ARTICLE IV.-The corporate stock Of
TINS corporation is hereby fixed at the sum
OF Five Thousand Dollars (ss0o0OO). divided
into and represented by fifty (5O) shares of