The herald., 1922-05-18
CHARTER OF COLOSSAL INVEST
MENT COMPANY, INC.

State of Louisiana, Parish Of Orleans,
City of New Orleans Be 1t known, Inat
on this nineteenth day OF April, IN tne
year one thousand, nine hundred anu
Young, a notary public, in and for the
Parish of Orleans, State OF Louisiana,
duly commissioned and qualified and In
the presence of the witnesses herinafter
named and undersigned, personally cae
and appeared: The persons whose names
are hereunto subscribed all above the 1uii
age of majority, who severally declared.
that availing themselves OF the laws OF
the State Of Louisiana. particularly ACT
267 of 1914 relative to the organization
of corporations, they do, by these pres,
ents. agree and bind themselves, as well
as such other persons as may hereal.eII
become associated with them, TO form anu
constitute a corporation for the OBJECTS
and purposes and under the articles ana
stipuiations following. to-wit:
ARTICLE 1.-The name, style and title
of this corporation shall be Colossal IN.
vestment Company, Inc, and, under that
rights. advantages and privileges granted
by law to corporations, and snail eAis'
for the full term and period OF ninety
nine years from this date. 1t shall nave
power to contract. sue and De s aed tb ~
same to alter and break at pleasure; &c
| hold, receive, lease, purchase, sell ano
| convey, as well as mortgage, hypotnecate
and pledge property, real, personal anc
name and appoint such managers. direc.
| tors officers agents and other employees
| as its interest and convenience may re
| auire, and to make and establish, as wei
| as alter and amend, from time TO time
| such bylaws, rules and regulations al
NAV be necessary and expedient for tn
proper management and government
the affairs of said corporation
| ARTICLE 1.-THE domicile Of thi
L al In
New Orleans, State of Louisiana, ana al
| citations or other legal process snail o.
| served upon the president Of this corpora
ton, or, in his absence, upon Its sec
| retary-treasurer.
ARTICLE III-The objects and purpose
for which this corporation is established
and the nature Of the business to be car
ried on by 1t are hereby declared to De
To loan and borrow money on persona
property, or real estate; also to buy, SCI
| securities or investments of any KIM
with full power to borrow sue
moneys as it may require for the pur
pose of its business; to buy and sell an
to conduct business of the aforesai
character in any State In the Unite
States; and generally to do and transac
all business properly CONNECTED with' IN
cidental or convenient to any OF the sal
objects and purposes.
| N--'
corporation is hereby fixed at the sum Z
five thousand dollars ($5,0O00O. to 3
divided into and represented by hye huI
dred (5OO) shares in the sum of ten do
lars $1,000 each; said stock shall only :
issued for cash or in payment Of propert
. received or purchased by said Corporation
The capital stock Of this corporation ma
be increased to the sum of fifty thousan
dollars $50 100000.
ARTICLE v-All the corporate powei
of this corporation shall be exercised 2
board of directors consisting of not LEI
than three nor more than nine stocl
holders, three Of whom shall constitute
!. quorum for the transaction Of bushes
, The directors may vote In person or I
written proxy in favor Of another dire
:, tor. The board of directors shall elect al
, nually from. among their number a pres
dent vice-president and secretar
treasurer.
The first board Of directors shall co