The herald., 1912-06-27

Janin,~a notary public, duly commissioned
and qualified in and for the parish Of Or
leans and state Of Louisiana, therein resid-
hereinafter named and undersigned, person
ally came and appeared the several persons
whose names are hereunto subscribed, who
Of the provisions Of all Of the laws fe Of this
state relative to the organization Of corpo-
rations particularly OF Act No. 36 of the
session Of the General a Assembly Of the state
and agreed, and do. by these presents, form
and organize themselves, as well as such
other persons as may hereafter become asso-
polite in law, for the objects and purposes,
wit:
The name and style of this corporation
shall be IL SIDNEY BDLL, INC.," and by
said corporate name shall have succession
nine years from date hereof unless sooner
dissolved In the manner provided by law,
and under the articles Of this charter; Ii
shall have power and authority under its
/ to make and use corporate seal, and the
same to alter or break at pleasure; to make
all necessary rules and regulations for Its
corporate management and control, and shall
have and enjoy all the rights, privileges, and
immunities which are now conferred upon or
may hereafter be granted to, corporations
of the same kind and character.
ARTICLE ii.
The domicile of this corporation shall be
In the city of New Orleans, state of I4ouisi-
cesses shall be served upon the president,
or, in his absence or inability to act, upon
any other oficer OF the corporation.
| ARTICLE III.
The objects and purposes for which this
corporation Is organized, and the nature of
the business to be carried on by 1t, are here
to Be s e
including fire, burglary. liability fidelity.
guarantee, casualty. plate glass and marine,
as local i, agents general agents: or q. bTSs-
cations; and generally to engage in and un-
dertake any other enterprise or perform all
acts Incidental to or germane to the pur-
p''e' AO ARTICLE ".
The capital stock Of this corporation Is
hereby fIed at the sum Of ten thousand
dred (100I shares Of the par value Of one
hundred ($1O0.OOl dollars each said stock
shall be issued only for cash, or In payment
to s
shall be fully paid at the time Of Its issu-
ance, and shall be non-assessable thereafter.
The parties to this declare that they hereby
capital stock set opposite their respective
signatures hereto. 80 that this act of incQr-
poration shall serve as an original subscrip-
ing concern as soon as three thousand ($3,:
0OO.00l dollars Of Its capital stock shall
have been suOseTiesd aRTdca% and paid for.
i All the powers Of this corporation shall be
vested In and be exercised by a board of
three (3) directors, to be elected each year,
:ns the sad
sist Of l. Sidney Bell, William c. Soria and
John soria. They shall proceed to elect elect
president and secretary-treasurer, who shall
remain In office until their successors shall
have been elected and qualified. The annual
tion shall be held on the third Monday in
the month Of May Of each year, except when
such day shall fall upon a legal holiday
said annual meeting the stockholders shall
elect from their own number O board Of di
rectors for the ensuing year, the board al
ready installed to continue to hold over un
til their successors are elected and qualified
II The board Of directors so elected shall
elect from their own number the officers Of
this corporation, who shall be a president
, vice-president and seeretary-treasurer; the
election Of directors shall be by ballot, and
the person receiving the largest number OF
votes shall be declared elected. For electinf
share of stock, whether present or by proxy
shall be entitled to one ~ vote. and ma
jority Of the votes cast shall be required t.
Submitted to the stockhoiders, except for th,
alteration or amendment of this charter, Of
the dissolution Of the corporation. as herein
after provided.
The said board Of directors shall hav,
power and authority to make all necessar,
rules and regulations for the management
operation and control of the business Of th
. corporation as well as to make all necessar,
rules, regulations and bylaws, and shal
have the authority to ilf any vacancy oc
I curing In their number. A majority OF tn
directors voting at any one time, In persol
! resolution or adopt any bylaw, and which
when SO adopted, shall become valid corpo
rate acts