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Collection: Original Records > Articles of Incorporation

Italian National Building & Loan Assn (AI-I020)(1930) (13 pages)

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poses and with all the rights, powers, privileges and immunities in said title set forth. Third. That the place where the principal business of said corporation is to be conducted is in the City and County of San Francisco, State of California. Fourth. That the term for which said corporation is to exist is fifty (50) years from and after the date of its incorporation. Fifth. That the number of directors of said corporation shall be five (5), a majority of whom shall at all times each be the owner and holder of not less than ten (10) shares of the gurantee capital stock, and that the names and residences of the directors who are appointed for the first year and to serve until the election and qualification of their successors are as follows, to wit: Names. Whose Residence Is. Preston L. Shobe, 4432 Telegraph Ave., Oakland, Calif. A. R. Bertoglio, 4432 Telegraph Ave., Oakland, Calif. Joseph Girola, 455—-44th Street, Oakland, Calif. Henry Girola, 455-44th Street, Oakland, Calif. Josephine Girola, 4432 Telegraph Ave., Oakland, Calif. Sixth. That the amount of the capital stock of this corporation is Five Hundred Thousand Dollars ($500,000.), and the number of shares into which it is divided is five thousand (5000) of the par value of One Hundred Dollars ($100.) each, all of which, when issued, shall be set apart as a fixed and permanent guarantee capital. Additional working capital may be accumulated by the issuance of membership shares, units and 2.