The herald., 1914-07-30
CHARTER
OF KD~~-El. SITS JDN'pA\N.

he II h-"wr, ,ha, "u this 2ith day off ls...
!" l'' yt"i ni "U' Lord nineteen huud.ra ..t
ivHr''rU, before wc, Frederick I, N..>
Nfary Public. duly commissioned and p.....'
ned, 'n and for the Parish of Orleans. >...,
/ o' Louisiana, personally came and aurg.r,H
/ l.t parties whose names acc undersigned .,r,
declare that. aydillug themselves of the r-..
visions OF the laws of tins State Tc't..yr D..
/ 'he oTsani2au9n OF corporations. they have
c"yenan'cd and agreed and 10 by thesr r-.,
cH'N agree and bind themselves. their .....
ccSNoTN and assigns. aud form rh,-..,.r,....
INTO and constitute corporation for ih. t,r
! low iug objects and purposes. to-wit:
AK IL The name, title and -,yr. t
/ THIS corporation shall be Ross Eu,tl~ t-.
Pauy. and under said corporate name il .Hlri
nave al the powers and authority ,-srr..;
| ~ '.e Ia"T OF thiS state to corporations and
ARTICLE 1.-THE objects and purpa.,s n
AliN corporation are declared To be 90 ,..--,
on d general insurance business As agent
/ broker, or general agent for insurance ,1.-.
p"nlcS dong a fire, life. accident and health
marine. liability other forms Of insurar....
5h'hoIlzed To- be carried on by the State ~
! LOUISIANA lhls corporation shall have the
power /" do a general business under the dir
| iCrent forms outlined above in other STATE.
"i the United States, or in its foreign no..
sessions; II shall have the power Z, nTIr,L 49,.
| real personal or mixed property of all kind,
and the same 10 hold at its convenience.
ARTICLE IIl.-Thc domiciIc of thi> cor
| g!lal''I 49haIi be m the City Of New Orleans
| state OF Louisiana, and il Shall have and en-
Joy corporate existence for a term OF fIfiy
wears. ''''F
A!RTIyLE V.-The stock OF this corporation
- hereby fixed Al the sum Of twenty flvr
thousand dollars S2S,O0OOOb, divided aS III
gIMH' mere shall be one hundred and fifty
lt''' NhaTcN OF common stock of the uar value
pi one hundred dollars $4,000 u,.- .l,,,
| egudilinS fifteen thousand dollars ISIS 5p.DIuN.
| there shall be one hundred NOO) shares ~;
preferred stock of the par value Of one bur
sum OF ten thousand dollars CS10GOG G0, - US
ing me tull capital stock of TWENTY-FIVE tbG,.
| Sahd dollars tS25,DOOO The holders NJ IN
| - 'IIl.'u u ShaTes snail be entitled to receive
! N respect OF Sald preferred shares and when
declared by the Board of Directors. vcarIy
interest or dividends at the rate OF no. ca,,,
i'cl aHhuin, and which said interest or divi
uSHd snail be Hon-Cumulatiye All vnti,,
powers IN this corporation shall he vrsteJ Is
ana enjoyed by the common stock oVsrcrs
me me owners OF preferred stock will have no
voice IN the election of directors or Officers
IN the event of a dissolution or liuiidation %
Lhf 'orpor9ton the said preferred share
HniucrS snail be entitled to a preference ,rd
priority IN the distribution of the ass.,s -.
.nc corporation over the common stock hold
| tfS. NO dividend shall be paid on the cor,
mon stock until there has been earned ~
de,d d suiilclent sum to pay the divi-
dehd per cent on the preferred stock S,id
STOCK shall be paid for in cash or by propertv
OF value, or tor services rendered and tbis
- sol po' a''oI sHaiI become a going concern as
! soon as three thousand dollars (S3O0Cm of
me common stock shall have been Subsc-ibcd
Ior' ms corporation shall have the poyyrr
70 Contract sue and be sued in its Corporate
| name, to hold, receive, lease purcbsse s"i
AFFECT and hypothecate property. real and No.
! Sohal' and 10 do any and all things garr,5ns
| incidental and necessary to carry out the Oh
Je.tS ana purposes Of this corporation
ARTICLE N.-The corporate novcrs sb,,t
G oe exercised by a Board Of Directors, 10 he
composed OF not less than three stockboIders
Pna I.S oiiI,cers thereof being President, Vice
IIeHideht, Secretary and Treasurer, and one
or more OF the offices NAV be held L,, o,,
! membGr thereof: The Directors and officers
Snail De elected Immediately after the sign
| ing hereot and annually thereafter on -,
iirSt Wednesday Of February when tbr an
iiuaI SSIrockho!ders meeting shall be held
kllOL Win case of the absence in
| .plilty or nOn-pcrformance of duty The ,,,.
Jority OF the Board of Directors are enno,1.
Cico 10 appoint successor to any officer or
member OF the Board to fill short term or
nn, ul1NPaItu term OF such officer unable or
AK iCLE Nll.-No stakeholder shall eyer
pe heId liable or responsible for the contracts
Gl any liabilities OF this corporation i'm auy
| Iurther sum than the unpaid balance DIN, the
| corporation on the shares Of stock subsrr;LoJ
! LOT hy him, nor shall any informality in or.
siSnllation il.i have the effect Of rendering the
r'a' ~ @ ,C' nun or OF exposing any stakeholder
stock ''''' "ue on MS
| ARTICLE .NIII.-This charter NAV n.
changed, modified or altered or s,iJ -
| poratlon may be dissolved. with the aes,.,t
| OF two-thrdS Of the amount Of common stC-,
pISAeht or represented al any general meet
.nS Oh 'aid corporation convened for such
| purpose dter ten days previous notire sb 1Il
| nave been given, in the manner prov;lcd j.,
| TINS charter. All changes relative "a ,ba
| capital stock shall be made according tp The
| ARTICLE IN.-Whencvcr the corporation -
"SsolVed, either Ivy limitation or from otbrr
cause MS affairs shall be liquidated undcr
= the supcrinteudeucc Of two courrnr -
| holders, TO be chosen for that p,,rp,s, b,, .
! majority IN amount OF the common stool
r,no';, present. or represented at general
.1ec"uR OF .lye stockholders at which the elec-
| u"n j. held. SAID commissioners shall re
nam IN uilcc until the affairs of said cnr
poratior shall have been fully Inundated In
Ea9e "i the death, resignation or inability
| rom any cause OF one of the said commits
sionerS to act, the survivor shall continue IN
act ana snail appoint another StockhoIdcr in
| the place and stead Of the commissioner who
| snail nave ceased TO act.
| ARTICLE N.-A special meeting of ,b.
1 atgGkaoldeTS OF this corporation shall he
| Taleu ~ any time, in the discretion OF tb.
io .n .,,Cma' ana must be called upon the writ
| zen rIgGuSSt Of two stockholders
,AKlICLE Kilt is especially agreed tb,,
| an stock subscribed for and accented b,,
Sts?ckh2ldcrs Is subject to the provisions Of
-, lhus done and passed in my office. in tbc
,l.y oi New Orleans, on the day, month and
I, year aforesaid; in the presence of Louis R.
raoGfyer ana yohn smith, competent witnesses,
residing IN this Parish, who have signed tbeir
names with the said parties and with me
| N29,ary' after reading Of the whole
Smith ~ ii'o'e'' JoAn
N9igned) FRED G. MARX.
| S,,,o r. Notary Public
Parish Of Orleans
J. the undersigned Recorder of MORTGAGES
IN and Tor the Parish Of Orleans, STATE ot
louisiana, do hereby certify that the above
ara foregoing act Of Incorporation OF Ross
EusnS Company was this dav dulv recoTdcl
IN my office, in Book l127. Folio -
New Orleans, July oath, 1914
| NHighed) EMILE j. LEONARD.
| Deputy Recorder
| o., (SeaI
| ED'ghed FRED {. MARX.
Notary Public
| Jy 30 Au 13 p u Sc ;, 1914.
Civilization.