The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1912-06-04
1890.
AMENDMENTS TO CHARTER
Of the
LATIN-AMERicAN LIFE AND CAS-
UAlTY INSURANCE COMPANY.

year OF our LORD u nine
hundred and twelve. and of the indie
pendence of the United States of
America the one hundred and thirty
sixth, before me J.. F. Jeanmard, a
Notary Public, duly commissioned
and qualified within and for the Par
ish OF Lafayette, State of Louisiana,
therein residing, and in the presence
of the witnesses hereinafter named
and undersigned, personally came
and appeared F. E. Girard and J. P.
Colomb, residents of the said Parish
of Lafayette and State aforesaid,
both of full age, herein appearing and
acting in their respective capacities
of Chairman and Secretary, respect
lively, of the meeting Of the stock
holders of the Latin-American Life
and Casualty Insurance Company a
corporation organized under the laws
Of the State Of Louisiana, by Act OF
Incorporation passed before O. P.
Guilbeau, Notary Public, on the 18th
day of September, 1910, and recorded
in the office of the Clerk of Court of
the said Parish, in Book of Miscella-
Acts T-3, at pages 313 ct Seq.,
their authority in the premises being
evidenced by resolutions of the stock
holders of the said corporation pass
ed at a general meeting thereof, who
declare that said resolutions were
passed at said meeting, and that said
meeting was held at the Domicile of
the said corporation, in the city of
Lafayette, State of Louisiana, on the
thirtieth day of April, 1912, after
written notice had been mailed to
each stakeholder at his last known
address, calling said meeting and
stating the purposes for which it
was called lat least forty (40) days
prior to the date held, and which no.
tice was published in the Lafayette
Advertiser for at least thirty 800
days prior to date held, a certified
copy of the minutes of the said meet
ing being annexed hereto and made
a part hereof, the said meeting hav-
ing been called for the purpose of
amending Article II of the charter of
the said corporation so as to re-
move the domicile thereof to New
Orleans and for the purpose of
amending Articles ", v, vi, VII and
VIII of the said Charter so as to quail
lily as a mutual company; and the
said appearers further declare that
at sold meeting of stockholders SO
held on the thirtieth day OF April,
1912, il was resolved, by d unani-
vote of stockholders present
and represented at said meeting,
there being present and represented
by proxy, stockholders owning more
than th~ree-fourths Of the stock of
the said corporation, the total num-
Der Of votes cast being thirty-three
hundred thirty-three (3333), that Ar
ticles II, w, V, vi, VII and VIII of the
said Charter be amended SO as to
read as follows:
ARTICLE II.
The Domicile of this Corporation
shall be in the City of New Orleans,
State of Louisiana, and all citations
and other legal process shall be
served upon the President of the
said corporation or, in his absence,
or inability to act for other cause,
upon the Secretary.
ARTICLE Nv.
This corporation shall have no cap
ital stock, but shall be a mutual
company, and shall borrow the initial
fund of Five Thousand ($500O) Dol
lars q mutual company is required
to have in its treasury prior to begin
ming business, a. stated and defined
il. Section g., of Act No. 24S of the
Legislature Of the State Of Louisiana
Of 1908, together with such other
reasonable amount or amounts fO-
expenses and outlay in procuring, es-
tablishing and developing the bust
less of the corporation, as is herein
after provided for, or as shall be de-
termined by the Board of Directors
hereinafter provided for, the said
amount or amounts to be borrowed
only upon the terms and conditions,
and in accordance with the provis-
ions of the said Section of the said
Act; and this corporation hereby &C.
cepts the proposition of the owners
of the stock issued under the charter
to which this is an amendment to retire
their stock and lend to this corpora
ton, on said terms and conditions
above referred to, the funds repre-
sented by the said stock with eight
per cent interest, this acceptance to
take effct simultaneously with the
of legal requirements in
COAACCl1Ou With luA0 AT VI AAuCuu-
ment and the filing thereof, whereup-
all deposits made with the State
Of Louisiana in the name of this
company for the protection of its
holders shall SO remain there
for the protection of all policy
holders of the company, and all in
surance previously issued by this
corporation and in force On said date
shall remain and continue in force
on like terms and condi-
tons, and this corporation shall
continue in business on
the basis herein provided.
This corporation shall transact the
business stipulated and defined in
III of this charter on the "Old
or legal reserve, basis, and
shall not insure and agree to pay
benefits in event of the death of the
insured or the maturity Of the policy,
for more than $500 on n life, nor
for more than $40 per week to one
person on account of disability re-
from sickness or accident,
and the premiums, which shall be
or fixed, premiums, shall
be collectable in periods of less than
me month apart. In determining