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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Progress
Location
Shreveport, Louisiana, United States of America
Date
Jan 08, 1898
Page
2
Louisiana charter forms a mutual benefit association in Shreveport with 750000 capital across 30000 shares at 25 each. It outlines purpose to help members buy lands homes and pay debts, loan fund management, monthly dues, admission fee, and loan procedures.
The article outlines that branch members may pay stock monthly to a local treasurer, becoming branch members rather than association members. It requires quarterly and annual financial reports to members, appoints first branch officers for one year by local branches, and details stock withdrawal rights after death or after one year, with distribution and timing rules. The text ends noting conditions between one and two years.
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