The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1912-04-13
c H j a r E 3
L. A. coIomb g. Son, Limited.

Of
L. A. coIomb & Son, Limited.
State of Louisiana-Parish of AS
cension
D E IT KNOWN, that on this,
-1O the 18th day of March, in the
year one thousand nine hundred and
| twelve, before me, WALTER LEM
ANN, a notary public duly commits
stoned and qualified in and for the
state and parish aforesaid, and in
the presence of the witnesses here
matter named, personally came and
appeared the several persons whose
names are hereunto subscribed, who
declared that, aVailing themselves of
the laws of the state of Louisiana
relative to the organization of cor
porations, they do by these presents
organize and constitute themselves a
corporation and body polite for the
purposes hereinafter expressed, and
do adopt this act as their charter,
binding themselves, their associates
and successors thereto.
Article I
The name and. title of this corpora
ton shall be e. a. COLONB & SON,
LIMITED It shall be domieiled in
the parish of Ascension, state Of
Louisiana All citation or other legal
process shall be served upon the
president, and ID his absence upon
the vice president.
Article II.
The purposes for which this cor
ture of the business to be carried
on by it are hereby declared to be:
To conduct a general insurance
agency and insurance brokerage
business; to act as agents for fire,
life, marine, casualty, plate glass,
burglary, guaranty and other insur-
ance companies and to do gen
eral insurance business, and gener-
ally to conduct and manage any other
business incident thereto; and gener-
ally to carry on any lawful business
or enterprise not inconsistent with
the constitutions of the state of Lou
isiana and of the United States.
Article III
The capital of this corporation is
hereby fixed at the sum of Fifteen
Thousand Dollars, divided into one
hundred and fifty shares of the par
value of one hundred dollars each.
The said stock shall be issued for
cash or it's equivalent in such man
board of directors This corporation
shall become a going concern and
shall be authorized to do business as
soon as three thousand dollars of its
capital stock shall have been sub
scribed for. No transfer of capital
stock shall be binding upon this cor
poration unless recorded in the books
thereof and made pursuant to and
in accordance with its charter and
bylaws. No stakeholder may offer
for sale or transfer his stock in this
corporation without giving to the
other stockholders thirty days prior
notice of such intention, and the
other stockholders shall have the
first privilege of purchasing said
stock at the book value thereof for
| a period of thirty days from the de-
livery of said notice, after which
thirty days said stock may be sold
in the open market.
Article w.
The business of this corporation
shall be conducted by a board of
| three directors, who shall be elected
by the stockholders annually on the
first Monday in April in each year.
Said board Of directors shall elect
from among themselves a president,
a vice president, and a secretary
| treasurer. A majority of the board
of directors shall constitute a quorum
for the transaction of all business,
The first board of directors of this
corporation is hereby declared to
be as follows: President, Alex
Bloomenstiel; vice president, ]. N.
Colomb; secretary treasurer. NJ T.
| Bloomenstiel. They shall serve un-
| til their successors are elected and
qualified. The board Of directors
shall have power to appoint such
other officers and employees and to
enact such bylaws, rules and regu-
| lations as they may deem necessary
| and proper for the conduct of the
business of the corporation.
| Article v
Upon the dissolution Of this cor
poration by Limitation or otherwise,
! its affairs shall be liquidated by two