R. S. 385-Acts

SEC. 2. That all laws or parts of laws contrary to this act be and the same are hereby repealed, and this act shall take effect from and after its passage.

MINORS MAY SUBSCRIBE, ETC., WITHOUT ASSISTANCE OF GUARDIAN, ETC.

Act 83, 1896, p. 116.

AN ACT to authorize any minor to subscribe for, withdraw or transfer stock of building, homestead or loan associations, and to deposit funds with and withdraw the same from any such association without the assistance or intervention of any parent, tutor or guardian.

SECTION 1. That whenever any stock of any building, loan or homestead association, society or company, shall be subscribed for by any minor in person; or whenever any deposit shall be made in any such association, society or company by a minor in person, such stock or money subscribed or deposited on account of stock, shall be held by said association, society or company for the exclusive right and benefit of such minor; and that said minor may and is hereby authorized and empowered to withdraw such deposit or stock or shares, or transfer the same, without the authorization or intervention of any parent, tutor or guardian and that said minor, as regards any such withdrawals or transfer, shall be considered and dealt with in all respects as if he or she had attained the age of twenty-one (21) years, and as in no manner under the disabilities which attach to minors. Provided, nothing in this act shall be taken or deemed as authorizing any minor to pledge or borrow upon any such stock, shares or deposit or to buy or sell real estate without the authorization now requisite under existing laws.

SEC. 2. That all laws or parts of laws contrary to this act be and the same are hereby repealed, and this act shall take effect from and after its passage.

STATE EXAMINER OF STATE BANKS TO EXAMINE

ASSOCIATIONS.

Act 115, 1900, p. 181.

AN ACT making it the duty of the State Examiner of State Banks to examine into the affairs of Homestead, Building and Loan Associations doing business in the State of Louisiana, and to further define the duties and authority of said officer.

SECTION 1. Be it enacted by the General Assembly of the State of Leuisiana, That in addition to the duties imposed upon the State Exam

R. S. 386

iner of State Banks, as fixed by Act No. 198 of the General Assembly of Louisiana, for the year 1898, it shall be the duty of said State Examiner of State Banks to require of every Homestead, Building and Loan Association doing business in this State to make semi-annually a report similar to reports made to him by State banks. It shall be the duty of all Homestead, Building and Loan Associations to make and transmit at the end of each fiscal year of each company or association, and six months thereafter to said State Examiner of State Banks a report, which report shall be made on the oath of the president and secretary of such Homestead, Building and Loan Association, showing the conditions of such associations, and in which report shall appear a full and condensed statement of its affairs. It shall be the duty of the State Examiner to publish in a newspaper issued in the parish where said Homestead, Building and Loan Association has its domicile at the expense of such association the above required report.

SEC. 2. Be it further enacted, etc., That any Homestead, Building and Loan Association, failing or neglecting to make the report required by Section 1 of this act shall forfeit and pay to the State Examiner of State Banks the sum of two hundred and fifty dollars ($250) for the benefit of the State, recoverable before any court of competent jurisdiction by suit by said officer. And if any Homestead, Building and Loan Association shall neglect or refuse the semi-annual report required by this act for the term of one year, it shall forfeit its charter and its affairs liquidated in the manner now required by law in case of an insolvent corporation.

SEC. 3. Be it further enacted, etc., That all laws or parts of laws in conflict herewith be, and the same are hereby repealed.

CEMETERY.

[Exemption from Taxation.]

386. All public cemeteries for the purpose of interment, with the monuments erected thereon, whether owned by religious or charitable corporations or associations, by municipal corporations or by individuals, shall be forever exempt from taxation and from seizure and sale for debt, and shall never be susceptible of mortgage, whether legal or conventional (Act 112, 1855.

Const., Art. 230.

R. S. 387-388

[Sale of Lots.]

387. All religious denominations and congregations of this State, and all other associations which now own, or may hereafter own, any portion of land destined as a place for the interment of the dead, shall have the right to sell, convey and transfer such parts, fractions, or lots of the same, as may be necessary and proper for interments; the acts of sale, conveyance and transfer shall be passed under such form as may be prescribed by the by-laws or special resolutions of the religious denominations and congregations or other associations.

Acts of sale so made shall be equally authentic and import full proof as if they had been passed before a notary public and two witnesses. It shall not be necessary to record them in any public office, nor shall it be lawful for the recorder of mortgages in any city or parish of this State, to record or certify the existence of any privilege or mortgage bearing on said lots. The lots shall be forever free from taxation and from seizure, attachment or sequestration for debts of any owner, whether belonging to the succession of deceased persons, or to surviving friends.

See Act 99, 1870, p. 133, Sec. 6.

A cemetery association has the right to limit interments to members of a family owning a lot and their relatives. Farrelly vs. Metairie Cemetery Association et als., 44 An. 28; and see Chopin et al. vs. Labranche et al., 48 An. 1217.

CHARITY HOSPITAL.

AT NEW ORLEANS.

[Administrators, Appointment, etc.]

388. Within twenty days after the meeting of the General Assembly each

year,

advice and consent of the Senate, appoint eight administrators of the Charity Hospital at New Orleans, who, together with the Governor of the State, shall compose the board of administrators. The Governor shall be in perpetuity president of the board. They shall at their first meeting elect a vice-president, who shall perform the duties of president in his absence. A quorum for the transaction of business shall be four administrators, who shall have power to elect, in the absence of the presi

the Governor shall nominate, and, with the

R. S. 389

dent and vice-president, a president pro tempore. They shall assemble on the first Monday of each month, and oftener if the president thinks fit or business requires it (Act 155, 1855, 203).

AN ACT to provide for the appointment of the Board of Administrators of the Charity Hospital of New Orleans.

SECTION 1. That the Governor of the State of Louisiana shall, by and with the consent of the Senate, appoint eight (8) administrators of the Charity Hospital of New Orleans, who together with the Governor, shall compose the Board of Administrators.

The said administrators appointed by the Governor shall hold office for the term of four years and until their successors are qualified. That the members of said Board shall be selected as follows and the terms of office of the first Board appointed under this said act shall be as follows: Two shall be appointed for the term of one year; two shall be appointed for the terms of two years; two shall be appointed for the term of three years and two shall be appointed for the term of four

years.

The Governor shall be in perpetuity the president of said Board. They shall at their first meeting elect a vice-president who shall perform the duties of the president in his absence.

[Powers.]

389. They shall have full power and authority to manage and administer the Hospital, to repair and improve its property, of whatever nature it may be, to rent and lease the same, and to enter into any kind of contracts (sales of real estate excepted), to accept, in behalf of the Hospital, all donations and legacies, also to sue and implead and to be impleaded, in all affairs and actions whatever, before any of the courts of the State (Act 155. 1855, 203).

Act 109, 1896, p. 157.

AN ACT authorizing the Board of Administrators of the Charity Hospital at New Orleans, to sell any and all property, real, personal or mixed, acquired or to be acquired by it by donation, bequest or legacy.

SECTION 1. That the Board of Administrators of the Charity Hospital at New Orleans be, and it is hereby authorized and empowered to sell at private sale, or at auction, at such time, and on such terms as to

R. S. 390-392

it may seem proper, any and all property, real, personal or mixed, acquired or to be acquired by said Board, of said hospital, by donation, bequest or legacy, and that the acts of sale of said real estate be signed by the president or vice-president of said Board, or by such other person as it may authorize.

SEC. 2. That all laws contrary to the provisions of this act be, and the same are hereby repealed, and that this act shall take effect froin and after its passage.

Act 6, 1892, p. 6, authorizes sale of property acquired under will of Mrs. Emma Ingram.

Act 8, 1896, p. 157. Administrators may close Locust street whenever they shall have acquired all property on both sides of said street between Common and Gravier.

[Powers, Continued.]

390. They shall have the power to order, establish, alter and put into execution all by-laws and ordinances which they think best suited to the interest and better regulation of the Hospital, if such by-laws and ordinances be not contrary to the laws of this State, to the Constitution of the United States, nor to the police ordinances of the corporation of New Orleans; and to appoint the several persons they may judge necessary for the service of the Hospital. At each monthly meeting they shall designate two of their own members, whose duty it shall be, either jointly or separately, to visit the Hospital at least twice in every week, to inspect the service of the same, and to enforce the execution of the regulations, on all which they shall make their report to the board (Act 155, 1855, 203).

[Treasurer, Appointment.]

391. They shall appoint a treasurer, to be continued at their own will, who, before he enters upon the functions of his office, shall give a bond and security to the satisfaction of the board of administrators.

[His Duties.]

392. It shall be the duty of the treasurer to recover all sums due to the Hospital; to keep a correct statement of its property, claims and revenues, and to make all necessary payments authorized by the board, and not otherwise, and finally to return every year to the board a minute account of his receipts and expenditures, which after being carefully examined by a special committee, shall, if found just and correct, be approved by the board.