The herald. [volume] (New Orleans, La.) 1905-1953, 1913-11-27

thousand nine hundred and thirteen, before
me- William Waller Young a notary public
duly commissioned and qualified, in and for
the parish of Orleans, state Of Louisiana,
personally came and appeared the parties
whose names are undersigned, who declared
that availing themselves OF the provisions
of the laws Of this state relative to the
organization of corporations they have COW
enanted and agreed, and do by these pres
entS, agree and bind themselves, their sue.
cessOrS and assigns, and form themselves
into and constitute a corporation for the
objects and purposes following, tO-wit:
ARTICLE THE name and title of this
corporation shall be FRED. {. GREGORY.
JR, LTD" and under said corporate name
1t shall have all powers and authority grant
ed by the laws of this state, and not ex-
preSSly withheld therefrom.
ARTICLE 2-The objects and purposes
Of this corporation are declared to be espe-
cially to carry on a general fire insurance
business as agent, broker. or general agent
or companies doing business throughout the
state of Louisiana as fire insurance cOmpa-
MES. and in the carrying on Of such bust
ness. II shall have power TO purchase real
personal, or mixed property of ell kinds.
and the same to hold at its convenience
ARTICLE 3-The dOmicile OF this cOrpO-
ration shall be in the city OF New Orleans.
state OF Louisiana, and IL shall enjoy exist
ence for a term Of twenty-five years
ARTICLE THE capital stock Of this
corporation shall be five thousand dollars
($5. 0OO00D dollars, divided into Fifty (5OD
tS1OO.OOD each, and IL shall commence bust
ness as soon as three thousand dollars 49,
100000 OF such capital shall be subscribed
said stock shall be paid for in cash or by
property OF value. such value to be ap.
praised by this corporation.
ARTICLE 5-The corporation powers
shall be exercised by board Of directors TO
be composed OF not less than three stock.
holders. the officers thereof being a presi-
dent. viCe-president, secretary and treas
urer, and one or more of said offices may
be held by one member thereof. The direc-
tors and officers shall be elected immpdi-
ately after the signing hereof, and annually
thereafter on the second Monday of Novem-
Der.
ARTICLE Elm cases OF absence. inab,I.
ity, or non-perfOrmance of duty, the major
ity of the board Of directors are empowered
TO appoint a successor to any officer or
member Of the board to fill short term, or
the unexpired term of such officer unable or
not performing his duties.
ARTICLE This corporation may be
dissolved by vote of four-fifths of the
stock thereof, at meeting especially called
for that purpose, after notices have been
mailed to the last known address of all
stockholders and in the liquidation OF the
afairs OF such corporation, the signers here
or and all other parties taking stock in
such corporation, the successors thereof
their heirs and assigns. accept such stock
under the express provision that they waive
the benefit of the laws of this state In refer
ence TO liquidation or receiyerShip and the
aHalrS or such corporation. including its
assets, shall be liquidated and disposed of
Dy three individuals whether stockholders
or not, to be selected at such special meet.
ing, which said liquidators, without the rec
ognltion OF the courts, shall have full power
10 dispose OF all assets at a private or pub
Tic sale, with or without advertisement all
In the discretion of such of the said lioui.
dators so selected. In the event of the
death Of one Of said liquidators, the sue
eessor shall be selected by the two surviving
liquldators or, In case of disagreement. bv
the former stockholders Of the company.
ARTICLE Sit Is especially agreed that
an stock Is subscribed for and accepted sub
ject TO this condition.
Thus done and passed in my Office. In the
city OF New Orleans, on the day month and
year aforesaid, in the presence Of Philiu III
Mentz and John c. Hollingsworth, compet-
ent witnesses, residing in this parish, who
have signed their names with the said par
ties and me, notary, after a full reading of
the whole
lOr:ginal signed) Names of subscribers
and subscriptions omitted witnesses :
Philip III. Mentz, ]. c. Hollingsworth.
W. W. YoCNG, Not. Pub.
|, the undersigned, recorder of mortgages.
IN and for the parish of Orleans state OF
louisiana, do hereby certify that the above
and foregoing act of Incorporation OF the
Fred. Z. Gregory Jr., Ltd" was this day
duly recorded in my office, In book 11l9.
folio - (Signed)
(SeaD EMILE ]. LEONARD n p
A true copy Of the original
(Signed) W. w. YOUNG, Not Pub.
nov 20 81 dec II IS Is