The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-15
CHARTER.

| TWO or wnOm snail De Selected IRON
| among the holders of the common stock
by q majority of the common stock, pres
| eAt or represented at general meeting
| convened for the purpose as above pro
vided and after due notice; the said com
missiOners shall remain in office until tn,
| affairs of said corporation shall have beer
| fully liquidated. In case of the death OF
resignation of any one or more of said
commissioners, the vacancy or vacancies
shall be filled by the survivor of the same
class. In the event of any disagreement
among said commissioners, the action OF
the majority shall control and prevail
Said commissioners shall have all powers
conferred upon them by law or by the
stockholders at such meeting, If not in
consistent with law.
ARTICLE VIII.-No stakeholder shall
ever be held liable or responsible for the
contracts, faults or defaults of said cor
poration in any further sum than the un-
paid balance, II any, due the corporation
on the shares of stock owned by him, nor
shall any mere infOrmality in organiza-
ton have the effect of rendering this
charter null or of exposing a stOckholder
to any liability beyond the unpaid amount
if any. remaining due on his stock.
ARTICLE IX.-The following shall con-
Stitute the first Board of Directors OF
this corporation:
j. \. Bandi. New Orleans. La: Il. O.
DufOur, New Orleans, La; a. f. Duncan,
Baltimore, Nd; j. j. \. Fortier, New Or
leans La; e. +. Herb. New Orleans, La.
L. NJ. Loeb, New Orleans, La; s. IL.
Lauchheimer, baltimore. Md; II. Il,
Mathews, New Orleans La; W. =. Simp-
son, New Orleans, La, and \. f. Duncan
shall be Chairman of the Board. James J.
A. FOrtier, President of the Company,
Charles F. Herb, Vice President, IL. Ii.
Secretary and Ii. ]. Boyle, Treasurer.
The said Board of Directors shall hold
office until the third Tuesday in January,
1923, or until their successors shall have
been duly elected and qualified.
The subscribers to the capital stock of
said corporation and their respective ad-
dresses are:
J. \. Bandi Marine Bank & Trust Com
pany. New Orleans, La: II. g. Dufour,
Hibernia Bank Building, New Orleans. La.
Charles +. Herb. Hibernia Bank Il Trust
Company. New Orleans. La; Ernest NJ.
Loeb 61S Magazine Street, New Orleans,
La; W. +. Simpson, sol TchoupitOulas
Street New Orleans. La; 4. T.. Duncan,
J. 4. FOrtier. LOG Camp Street, New Or,
leans, La; Sylvan ii. Lauchheimer, IL
North Charles Street, Baltimore, Md; II.
Il. Mathews, 106 Camp Street, New Or
leans, La. \. +. Duncan, Garrett Build
ing. Baltimore. Md.
ARTICLE N.-The subscribers hereto
have respectively written opposite their
names the amount of stock in this cor
pOration subscribed for by each of them
so that this act of incorporation may also
serve as the original subscription list OF
said corporation.
Thus done and passed. at my Office, In
the City of New Orleans, on the day, month
and year herein first above written, in
the presence of Eugene Thorpe and Jacob
r. Baer, Competent witnesses, who have
hereunto sirned their names. together
with the said appearers and me, Notary,
after due reading of the whole.
Original SignedD
CHARLES +. HERE.
New Orleans. La.
ERNEST VI. LOEB.
New Orleans, La.
]. A. BANDI.
New Orleans, La.
W. p. SIMPSON.
by ii. Generes DufOur.
New Orleans. La.
ii. GENERES DUFOUR,
New Orleans. La.
SYLVAN HAYES LACCHHEIMER,
Baltimore, Md.
New Orleans, La.
H. b. MATHEWS,
New Orleans, La.
\. E. DUNCAN,
Baltimore, Md.
Witnesses:
Eugene Thorpe,
Jacob +. Baer.
AL. c. HAMMER.
Notary Public.
/. the undersigned Recorder of Mort
cages, in and for the Parish of ORLEANS,
State of Louisiana, do hereby certify that
the Act of Incorporation of the Com
mercial Credit Co., Inc, was this day
duly recorded in my office in Book 1928,
folio 22i. New Orleans. January g. 1920.
(SignedD EMILE j. LEONARD.
by. r.
I, the undersigned notary public. do
hereby certify that the above and fore
going is a true and correct copy of the
act of Incorporation of the Commercial
Credit Company, Inc. on file and on
record in my Office, together with the
certificate of the Deputy Recorder OF
Mortgages thereto attached.
Witness my hand and seal of Office at
New Orleans, La, this 18th day of jan
uary, 1920.
AL. G.. HAMMER,
Notary Public.
Jan. 15-Feb. 49,