The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-04
CHARTER

s -uc '. ...r. .-ig ct Of such s1,,..
/ .itsj f'1. -. I,ach their fac
/ shall Doe j.-,...,, 'll.ates Of Fun rsk
! and .w...... ..'I.i only when W Pad "
"a. ,r. H. D such terms sathossAS
+ tI-r....'.'.' .I' OF Directors and esads, y
80 ., o. al aud juvenile NAY psssss
TO- Tie ... ,, ...,. privileges ana SSAs's =;
E.uaius shares s
s-.'. h" issued in such ~ Chiliseu On
'''''s,d "y the Bylaws Tis0aer s INV
Minor, may srT, W
transfer, withdraw oloscrbe "a,
without tl- lyrGn-t.and surrenS.. h
tutors. or OIL oFlzation OF tsa.as' ~
mru may sg,,.-Rt,'ir soons, and m.. sssss,s
,ur-ru..- ,t'., Tor, bold W,airiet ~
Haft,r.....f.. without ~ rsaas,
vIasl lo- fa c yl thei' husbands a.'ai
-., w. F.yrents on RunpiDS w.
,l'".s a-' interest shall Shares Ina.
.'. ..',.o..-il by the ten,S Ue due ana ~
...I ~ the office ~ :, OF each I'VE
a.. &C., gay ..'ais shall be- i,r 'ue SOCietT. "
49,. ......'i., Of interoip,1 y
aus ,..''Aeh'~ on shares due; .
.'r,' "' MONEYS paid FOR ,lSJ Reiab,,A
provided, that ,Seoant q 49,
...- may be cb1pgsS 's order a.
40" %. '-" Board of Di feC a. the i.s
T. Any borrowing s,s s'OrS
10 NIa" ,ae uayuarfs shareholder IN
current month I sSaiI REQUIRED du,jSatL ally
him or i.r o., ."l on each sha,s pso,aI
shall I- .r ND. .'I each such failne.. selt i
provided .nt -'. ,. AGAINST such sS.s., VIA
mas .... =. shareholder tins a. node
lv ',.g...-.. .....' penalty thereon u dsis
at The rmr Of slttj sinogat which !. u.
Shareholders OF Rpnn,
u .. '...T.~ shan have tSo ing aad Oh
I'' W 'i".l the Society ~ Iight to sn
PAID 'a with the accum1IstaSs iul anu.
oi "4 shown M the NJ, profits tAs,
,l...'. ''-> amy charges ana ng diVd@,
u amy upon flins pfopottou J,
VINO" S-II Do" registered written ho'iS
Ii "'"". 'i their recent. ana me See,si,
>''. ''."'..rs- shall he psid :. withdrrh,
.'.-.'."',n. ont Of the first M ~ iotatOa, I
money J" ih" treasury. " unapprOprals
:" Provided. That nor ma.
NAN Ia' monthly receints 'uyre than On,
'Ilr yH" PURPOSE OF H1uida,in@u be I'd
as Maiurea. or Fun PAID Sts WiAdns.
mere should be an over. Saafes, eus,
luHHS which cannot be IosnoS ulatisn 4
manner upon raj estate IN Tie uH,l
10. Should there be an
lion, 'io' 0. llndS beyond the uss , =,
-. 'Ne Hoard shall have IN ue v
can IN unpledged shares 70, '.s nsht
provided, that the Full Paid Stenptn
'r called IN first, in the ,syaa e 'lil
~ lheIr Issue, ana shall he raSde ore
i"'' Ndlhr. plus interest. for tS ~ tr
l'.' eh!HS since last dividend ., Sns b.
rae as last dividend declared "a Aae an.
az VI iaid Shares be REDEEM, az saaeA
bAd'elicaL Juvenile, Runninc ne A.
ur'H SLires may be called IN th ~ StA
SHARES 10 be redeemed first snS s-e otdes
W 'lhura"dI value, plus iptere., y ns'
ing sihc" date Of last diviSs.a' MARIA
same rate as the last DIVIDEND u
H. On the death of a memhn.
ing III arrears, his or her Legal ~
tatlye snail be entitled 10 rsesI,a iepfe''a.
lHe Withdrawal value OF the 80, "a ae
tlihe or the last payment MAJ u
deceased, or said represents,S.. M
entitled 10 transfer said stocL shl
or TO continue the membersb,, "asa
ment Of the monthly. instaIIT.,s, M
Nlded. nevertheless, that The 80 w
the deceased member and snch 'siaoa
tatlve be determined, as rags-a ' ,ta'i
Glety' in ninety days next folIov,a.s " "
l. All transfers Of stock shan n. -.
on the books of the Society IN ., w 1ss
or the certificate of stock. ana :, ,ni
ehce OF the Secretary; the person "a ~
the stock Is to be Transferred -. -I
acceptable TO the Board Of Dira,,.."
such person shall sign the Chsrtsr y ~
society on receipt Of his certif,e,t. =
The Secretary shall receive 70, Earl ma,
transfer of stock a sum Of fifty es,,. !.
be credited to the Society.
l5. On January LIST and July Ia :,
each year, the Board OF Directors .A'1
ascertain the earnings Of all sba,s. =.
the preceding six months, and ont Al mi
earnings they shall: "a deduct an a.
expenses of the Society for such Tin. !,
trlbutable TO such shares; "a ~ -,
TO the fund for contingent lossss ma
amount as they deem best. until sae. a.
tlngent fund equals five per cent q An.
standing mortgage loans, which fund All
be invested as directed BY the Bosrd IN
the Balance Of said earnings shall i, 4.
clared as a dividend upon an sh,r.
based on the value Of the stock A ~
member at the time preceding diyii.,l
was declared.
H.. The dividends declared shan b q
tered on the pass books Of the neub.u
and dividends on NIL 10
shares shall be paid In cash on De m
Monday In January and July Of esch J,i
or as provided In Bylaws"
In Faith Whereof. they have hxs,rp
signed these presents In the preseso 4
Albert +. Moulin and Lawrence O. Bls
on the day and date herein first ibsn
written, after due reading Of the vIsk
Original signed John McGrsw, Pru.
Robt. j. Palfrey, Sec.
witnesses: Albert z. Moulin. L G
Bodet.
PERCY S. BENEDICT.
Notary Pubik
Recorded in NJ. o. B., 12i6, Fol. Ne n
A true copy.
PERCY 8. BENEDICT,
Notary Publ
Oct. 7-Nov. IL.