The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1913-05-31
C n A r r E r
SIMS AGENCY COMPANY, LINN ED.

SIMS AGENCY COMPANY, LlhFED.
State of Louisiana-Palish of Assertion
~ E IT KNOWN, that on this, }SEhe
I'D twenty third day. of May, in She
yea. one thousand nine hundred and
thirteen, before NE, b. J. Vega, no
tary public duly commissioned, sworn
and qualified in and for the parish ana
state aforesaid, and in presence OF the
witnesses hereinafter named and under
signed. personally came and appeared
the several persons whose names are
hereunto subscribed, who declared thar,
availing themselves of the laws OF the
state of Louisiana relative to the organ
ization of corporations, they do by these
presents organize and constitute them
selves corporation anP body polite
for the purposes hereinafter expressed,
and do adopt this act as their charter,
binding themselves, their associates ana
successors thereto.
ARTICLE l..
The name and title Of this corpora
ton shall be SIMS AGENCY COM
PANY, LIMITED It shall be domi
ciled in the parish OF Ascension, state
4r legal process shah be served upon
the president, and in his absence upon
the vice president.
ARTICLE II.
The purposes for which this corpora
ton is established and the nature of
declared to be: To conduct a general
insurance agency and insurance broker
age business; to act as agents for
ire, life, marine, casualty, plate glass,
burglary, guarantee and other insurance
companies, and to do general insur-
ance business, and generally to con-
duct and manage any other business
incidental thereto; and generally to
calry on any lawful business or en-
terprise not inconsistent with the con-
CT n
and of the United States.
ARTICLE III.
The capital stock of this corporation
is hereby fixed at the sum of thirty
ared SHARES of the par value of 500
each. The said stock shall be issued
Tor cash or its equivalent in such man
ner as may be determined by the board
OF directors. This corporation shall be-
come a going concern and shall be
authorized to do business as soon as
three thousand dollars Of it's capital
stock shall have been subscribed for.
No transfer of capital stock shall be
binding upon the corporation unless re-
pursuant to and in accordance with its
charter and bylaws. No stakeholder
may offer for sale or transfer his
stock in this corporation without civ
ing to the other stockholders thirty
days prior notice of such intention, and
the other stockholders shall have the
first privilege Of purchasing the said
stock at the book value thereof for
period of thirty days from the delivery
OF said notice, after which thirty days
said stock may be sold in the open mar
ket.
ARTICLE ".
The business of this corporation shall
be conducted by board of three di-
rectors, which may be increased to five
by a majority Vote of the stockholders
OF this cooperation, who shall be elected
by the stockholders annually the
first Monday in April of each year. Said
board of directors shall elect from
among themselves a president, vice
president, and a observation-disclosures. A
majority of the board OF directors shall
constitute a quorum for the transaction
OF all business. The first board of di-
rectors of this corporation are hereby de-
clared to be as follows: President, r.
n. Sims, vice president, NJ. w. Hardy;
ecretary-treasurer, f. X. Sims. They
shall serve until their successors are
elected and qualified. The board of di-
rectors shall have power to appoint such
other officers and employees and to en-
act such bylaws. rules and regulations
as they may deem necessary and proper
for the conduct of the business of the
corporation.
ARTICLE
81 Upon the dissolution of this corpora
ton by limitation or otherwise its af-
fairs shall be liquidated by two COM
stockholders.
Thus done and passed at my office in
the town of Donaldsonville, parish of As
~enslon, La, on the day and GATE first
.lereinabove written, in the presence OF
r. Melancon and A. A. king, lawful
and competent witnesses, who have
nereunto signed their names, together
with appearers.
SIGNED BY ORIGINAL SUBSCRIBERS.
Attest:
r. MELANCON,
A. A. Killing.
B. J. VEGA,
Notary Public.
State of Louisiana, Parish of Ascen-
sion-I do hereby certify the above and
foregoing to be duly recorded in Book
of Miscellaneous Acts No. Z, folio 21S
ct seq
IN faith whereof, witness my hand
and seal of office. at Donaldsonville,
La, this 23rd day of May, 1913.
d.S.) J. Ed. FERNANDEZ,
Deputy Clerk and Recorder.
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