The herald., 1915-09-16

] ~,
fer his stock i'll this corporation, provided
thirty days prior notice of such intention Ia
| sell, assign or transfer the same be given
the Company, and the other Stockholders
lhefeot snail have the privilege Of purchasing
| same; after which thirty DAYS notice the
sad stock may be sold in open market.
me Board OF Directors may at its option
declare forfeited all subscriptions to the
Capltal stock OF this corporation that have
not been fully paid for.
ARTICLE V.
me corporate powers of this corporation
shall be vested in and exercised bv a Board
OF Directors OF not less than seven nor more
than nineteen stockholders. elected from
among the Stockholders OF this corporation
not less than five shall constitute a Quorum
and a majority of these in attendance NAV
transact business. The Board of Directors
shall have the power to amend male .rJ
abrogate all bylaws, rules and regulations
lot the management of the affairs of this
corporation; to appoint employ and discharge
an Officers, agents and employees, fix ali
SdiarleS and Tenuneratlons, and generally TO
90 ana perform all things necessary in the
transaction of the business and affairs M
TINS Company; provided, that they NAV del
egate to the president or other persons Sc
Ieeted oy them, or to such executive, finance
OF o'her committee as they may require from
Tune to time to create and appoint from their
own number, such authority as thew NAV
from time to time deem proper.
Inc officers of the Company shall be
vice. Presidents
a Secretary and a Treasurer. who shall he
elected by the Board of Directors
Inc firSt Board of Directors shall be Pat.
T,ck }. Donegan, Edward ]. Ransom, Jack
i psste Jn ooe! Da M1'G snd Dr. yr W EHfsns
H. Weaver, who shall hold office until
the Third Thursday of July, 1920. ar
until their successors shall be duly elected
ana qualified, and the first officers shall be
! fatTick J. Donegan, as President: Edward
!: HANSON, Jack Panno, as Vice Presidents.
Or Robert j. Mainegra, Jr., as secretary. En-,
gene IL. Daste as treasurer, and they shall con- |
niue IN Office until t.-ir successors have !
2een duly elected and qualified. On the |
hird Thursday of July 1920, and annuaIIv
hereafter, or as soon after as possible. ar
meeting of the stockholders called for that
'uTPose' an election for Directors shall be
leld at the office of the Company. in the
,ity. of New Orleans, Louisiana. sfter tnn
lays written notice, mailed 10 each STOCK
oider at his last known address. and hv
uDication for not less than ten days prior
the C ~ee'ng IN daily newspaper published
aGh Stakeholder shall be entitled to cast
inner IN person or by duly authorized wit
en- proxy one vote for each share of stock
W. mnt bL py hlm and standing in his name on
nose IN attendance shall be sufficient IN fiji
ac1hCles IN the Board of Directors which
nall be hlled for the unexpired term from
"o"s 'ne stockh9Iders of the company.
rr,. L.
lhIs charter may be amended. chano.d ~
TTull,eu' or this corporation may be dis
'lved and its business terminated a. 49,
me by vote of three-fourths of the stool .
,ba t represented at general meeting
the Stockholders, convened for that nur
'se' after thirty days written notice mafIa1
ed@H Stockholder at his last known adj | .
,ess' and by publication in a daily news |
Pei pupilshed IN the City of New Orleans |
Getting. p''oi 10 SAID
ARTICLE VII. n
AZ the termination of this charter bv I;m;.
non, or on the dissolution of the CORPORA. | |
oh, as hereinabove stated or othery;Sa ~
talrs OF this Company shall ne Iiou;d,tod L
Lee commissioners chosen by a majority ~ | |
STOCK present or represented at a stool.
!, .ueLs meeting held for that purpose. after
days written notice mailed ~ aneL
ockholder at his last known address
e meeting at which the dissolution ;s de.
limined upon The liquidating commiss;o,.rs
a. give pond or other security as the stock. =
~ "a may determine. and shall fully lioui
y anu settIe the affairs of the corporation
uer such rules and regulations as NAV he
'sIueo by the stockholders. In the cvent !
naedncy IN the liquidaung commission The
,o ,Tinin 1s commissioners shall elect from
commissioner TO fill the vacancv e. ,L
expired term, and he shall give The san'.
no or other security as the other comm;s-
~ 49, AM IASSED. at the C;+,, | Y
New Orleans, on tie day, month and Saay
elnaoove first written, in the presencs o.
IA frlck and d. V. Doussan. comnet.Ut "
lthesses, who hereunto sign their Names >
n lhe SAID appearers and me, Notary att, 8
! reading of the who'll. a''ei 8
'rlginal signed: Patrick 7. Doneoa, :
IS; Z. j. Ransom, LIST vice.pres t EaI s
nno, End vice.presi.; R ]. Mainegr. JACK 8
~; Eugene II. Daste, treas. Iobn ~ ~ s
ma Co, Geo. G. Brunssann. r ma 8
nan Marion, Arthur Miller, Jno. 7 Daiy
J. :: Matchmaker, Wild Jacob Scboen ns ny, :
aver, NJ. D., E. J. Ransom g. Son M ~. :
!. HANSON, yr., R. D. T. Sherwood Pei =
Illnesses; J. Frick, D. V. Doussan =
-, Z. T. STARKEY, Notary P,,bi;. -
me undersigned recorder of morto.Scs w
and for the parish of Orleans Ststa
'iSi Ea' do hereby certify that the abov. =
foregoing act of incorporation of 81
nmerciai Life and Accident ms e.
was this day duly recorued in NV of;oo
book ll57, folio 473. my omce'
ew Orleans, August 18th. 1915
EMILE J. LEONARD. d p
do hereby certify that the above ana
going is true and correct copy Of the
maj on file and of record in NV ofica
ther with the certificate of the reeorde,
mortgages, for the parish of Orleans an.