The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-25
CHARTER.
CHARTER OF THE SURETY CREDIT

N".hh - TN VT iHb - hbi NhEDti
CO., INC.
State of Louisiana. Parish OF Orleans.
City of New Orleans. BE il known. that
on this, the twenty-sixth day of the month
of October in the year of our Lord. nine
teen hundred and twenty; before me,
Charles Schneidau, a notary public. duly
commissioned and qualified, in and for
the Parish and State aforesaid. therein
residing. and in the presence of the wit
AasseS hereinafter named and under
signed, personally came and appeared the
persons whose names are hercunto sub
scribed, all of the full age of majority and
residents of this city, who sevcrally lie.
clared that. availing themselves of the
provisions of the Act of the Legislature
of this state being known as Act No. 267
OF Session Acts of 1914. they do. by these
presents, covenant and agree aud bind
themselves as well as all such other per-
sons as may become hereafter associated
tute corporation or body polite IN law.
for the objects and purposes. aud under
the stipulatiOns following to-wit:
ARTICLE 1.-The name and title Of this
corporation shall be Surety Credit Co.
Inc, of New Orleans, La, and it shall
have and enjoy succession and existence
for period of ninety nine years from
date hereof. 1t shall have, enjoy and
possess all the powers, rights and priyi-
leges and immunities accorded to cor
poratiOns under the law.
ARTICLE 1.-THE domicile OF this cor
poration shall be in the City OF New Or
leans. State OF Louisiana. where all cita-
tons and other legal processes shall be
served on its regular officers according 10
law
ARTICLE III-The objects and mr.
poses for which this corporation is or
ganiZed and the nature of the business TO
be carried on by it, are hereby declared
erty, or real estate; also to buy. sell and
deal in notes, loans, bonds stocks Sc
curlties or Investments of any kind with
tull power to borrow such moneys as it
fnF hn -
ness; to bay and sell any kind of prom
erty. either real or personal; to conduct
business Of the aforesaid character in
any State in the United States
ARTICLE IV.-The capital stock of this
corporation is hereby declared to be the
sum OF one hundred and twenty-five (s125.-
1870. WoGOl thousand dollars, divided into
shares OF common stock. of the par value
or ten dollars $4,000 each.
The capital stock in this corporation
and $500, OoO) dollars, the said Increase seu 81
three hundred seventy-hve thousand
tS315.OOOl dollars to consist of thirty seven
thousand, five hundred (37.5OO) shares Of
f SIn nSH , STOCK of the par value Of ten
ARTICLE vi. The corporate powers
OF this corporation shall be vested in a
board OF Directors which will consist of
~. .ot less than seven and not more than
ntteen and they will be elected by the
stockholders at general meeting held on
the second Tuesday in January Of each
2. The Board Of Directors shall have tho
power to make all bylaws, rules and
regulations necessary for the conduct Of
one business anairs of said corporation
ana shall elect from their number. a Presi
dent, three Vice-Presidents, a Secretary
ARTICLE vI,-The first Board Of Di.
rectors and officers shall serve for one
year from date or until their successors
are duly elected. They shall be: Ferd
1ano Mouton, OF Lafayette. La, Presi-
S oen, VINO hereby subscribes for one
La: First Vice-President, who hereby sinh,
S%rloeS Tor one share; ]. L. Dantzier, OF
New Orleans, La, who hereby subscrihes
,Go the Airs share re-; F. J: waguespack, of
s9pScribes for one share; C. J. Ducote
OF New Orleans. La, Vice President and
Director who hereby subscribes for one
Ia'i Vice n p- SoG,msmageres Of New Orleans,
hereby subscribes for one share: Judao
hoOert ID. Mari, Of New Orleans, La AZ
scrney and Director, who hereby sub
scrIDes Tor one share.
Thus done and passed, at nv Office
IN ] the City Of New Orleans, ON the date
M above written in the presence of
comna anna Mtsumann and Miss Rita Mack,
signed thelr names with the said appearers |
whole. iauihs OF the
ORIGINAL sIGNED):
VT FREDERIC Wilbert, Fernand Mouton. r.
maguespack, j. L. Dantzler. Robert II |
MARI: A. F. Commagere, c. J. Ducote.
witnesses: Anna Naumann, Rita Mact |
CHARLES SCHNEIDAU.
l. the undersigned. Recorder 81 NJ.
cages, In and for the Parish Of Orleans
State OF Louisiana, do hereby certify that
tne above and foregoing Act of lncorpora.
tlon OF the Surety Credit Company. Inc
was this day duly recorded in nv of5c.
IN n BOOK !246, folio 49s. New Orleans, La
(SIGNED) MI DIrNN n.
true copy.
CHARLES SCHNEIDAU
Nov. 4-Dec. 8. uoe'