The herald., 1920-11-11
HARTER,

..". or iu any amour, :, -
...... .. ... s.a-rnoII,r ''-' O
... H.a Shares shan 10, al.
...t .. .." a... Of their issra F"1 w ;
'...- SHARES may be ronvs.,.,
. -. i.'l Shares by the holder r,v.. u
-.'''..'." -.'Nr'u the Present IS =
.." .... value ~ such share,
r... -..r.. -...L their face VAIN, We
.t..t i".. certificate. Of Fun Pais', n
shall o.. l.-..t only when sptto.as2 "a
al. subject % such terms ana '- ,tts' b
.- d." Board ~ Directors nav , r..lLst
.NIl.t..'H"#l and Juvenile Sbsr, -.
'nl'. i.r ~ti. privileges and hA -
'o f.n same Conditions. O' '''l'
Running Shares anu Cbils,..
shall Do" issued in such manner ~, ~ . o-a
provided hy the BYLAWS. - -''
Minors may subscribe n. .
transfer, withdraw and snr,s1S.,. nN
without CD" authorization Of their o,s ~
tutors. Up other persons, and msrrsJ =
mon may subscribe for. hold tr,n,s.. , ,
surrender stock without the co Es.,'' '
authorization ~ their Husbands
'Ia.a Tor lu existing laws. " ~
q. PAYMENTS on Running Shan. i...,
W'u'> and interest shall be due ssi - ~
[ ID" monthly. by the tenth OF esob -, ~.
month. az the office Of the 500, ,''' \.
[ All payments shall be- impgfad m =
! m" settlements Of interest dps. r, /.
ius'alimcut~ on shares. tg Pars,"
Wrut OF moneys paid for account AZ -
holders. provided, that this order IA
! Uulailun may Doe changed AZ tia A.
ton of the Board Of Directors.
= Any borrowing sharebolds, sF..
. 10 make Oh" payments required dur.1 y.
/ current month shall paw as No.
/ therefor zone cent on each share ~ !,
! liW or L'r for each such failure -,
/ snail DE charged against such shsrh,lAs
/ provided. any shareholder thus In a.
/ may have the penalty thereon ,gr.-.
. 10y paying twice the amount which b A..
al the tim" of settlement
s. Shareholders Of Running and n
/ dr,n Shares shall have the right IA -,
: draw from the Society the fob ,r,r
/ paid in with the accumulated profiJ NJ,
on as shown at the preceding aITis.i
/ time. less any charges and proporuo,
4 losses, If any, upon filing written b-,
/ which shall be- registered BY the Sersl-
. In order of their receipt; and witAdrtg
shareholders shall be paid in rotads,
/ registered, out of the first unappNIis
! money in the treasury.
@ Provided; That not more tAn q.
half the monthly receipts shall BE- u
for the purpose OF liquidatng VHA.n'
ais, matured, OF Full Paid Shsra IA
Their" should be an oyer-accumulatsi
funds which cannot be loaned in he u
manner upon real estate.
10 Should there be an overtcrnit
ton of funds beyond the use Of III )
Ciety. the Board shall have the rigil
call in unPledged shares for redssycA
provided. that the Full Paid Share O.
be called in first, in the reyerss 1rs
of their issue. and shall be redeemed =
face value. plus interest, for the TIM
tervcning since last dividend at hs ~
rate as last dividend declared, and AL
all Full Paid Shares be redeemed, D.
| phabetical. Juvenile Running and o
dren Shares may be called in, ne W.
shares TO be redeemed first, and o. "
withdrawal value, plus interest il1Tf
ing since date of last dividend, D
same rate as the last dividend
II. On the death Of a member. 81 ,
ing in arrears. his or her legal rrisi
tatiye shall be entitled TO receive . .
the withdrawal value OF the stOck
time of the last payment made " "
dcCeaS ed, or said representative "a
entitled to transfer said stock W
or to continue the membership VIZ
ment of the monthly installnAA
vided. nevertheless, that the psSln
the deceased member and SUCH w.
tative be determined, as regard ui
ciety. in ninety days next following "
death. -.
l.. All transfers Of stock shall W
on the books of the Society On VT.
of the certificate of stock. and IN -
encc of the Secretary; the person -
the stock Is 10 be transferred ~
acceptable to the Board Of DlreN1 :
such person shall sign the Chars s.'s
Society on receipt Of his eefuiN~
| stock. Aus
The Secretary shall receive iof "a
transfer Of stock a sum OF INV
be credited to the Society. - f. Il
? 10. ON January LIST a1d 1gu
, each year, the Board OF Di5eu 81. 81
. ascertain the earnings oil sI al
: the preceding six months, ana o1, 4 n
, earnings they shall: ~ Deus =. n
b. expenses of the Society for sao = al
/ tributabIe tc such shares " I'll
d TO the fund for contingent 9A I'll
, amount ms they deem best, unll ~ ID
( tingcnt fund equals five per o 80 nj
{ standing mortgage loans, WhlCn 80 Il
! be Invested as directed by the ps n
/ the balance Of said earnings .I ass|
, clarcd rs a dividend upon y = al
based on the value Of the slOH 400
. member at the time prece0ins
81 was declared. ,hlksI
, t.rnd an the pass books OF Ihe ~ ii
/ Scmi-annually and DIVIDENDS an ~ II
Shares shall be paid IN Casn ~ "a 81
( Monday in January ana jug
o. or as provided in Bylaws 80. he<sI
I In Faith Whereof. they nA, r,pssss
T signed these presents IN tns M q ri
p Albert +. Moulin and La~rtnvss rs VI
o on the DAY and date herein, NE III
! written. after due reading S y. ~
. tOrlginal signed John A'O
I Eobt J. Palfrey, Sec. y,,l, !
/. Witnesses. Albert Z. "'
r Eudpt , rryEDlU
Fh"'i % Yoary ~ Il
Recorded in NJ. o. B., 1910 ~
Z y true copy. -. =, pFNEDIT
p FEh|i " YotarJ u"
=, oct NOV. il.
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