The herald., 1916-02-24
CHARTER
OF TIE FISCAL AGENCY, INCORPO-
RATED.

State of Louisiana, Parish of Orleans, City
o. New Orleans.
BE i known that. on this, the fourth (4lhl
day OF February in the year OF our Lord
nineteen hundred and sixteen, before me
Edward Peter Cousin, a notary public. duly
| commissioned and qualified. in and for the
parish and state aforesaid, therein residing,
| and in the presence of the witnesses herein.
| after named and undersigned personally
| came and appeared the persons whose names
are hereunto subscribed, all of the full age
of majority and residents Of this city, who
| severally declared that, availing themselves
| of the provisions of the act of the Legisla-
ture OF this State, being known as Act No.
| Dol of the Session Acts of 1914, they do. by
| these presents, covenant and agree and bind
| themselves, as well as all such other persons
| as may become hereafter associated with
| them, in order to form and constitute a cor
poration or body polite in law, for the OBJ
! jects and purposes, and under the stipula-
tions following, to-wit:
Article 1.-The name and title Of this cor
| pOraton shall be The Fiscal Agency, Incor-
porated. Of New Orleans, Louisiana, and it
shall have and enjoy succession and exist
ence for a period Of ninety-nine years from
date hereof 1t shall have, enjoy and pos.
sess all the powers. rights. privileges and
immunItes accorded to corporations under
the law.
Article 1.-THE domicile Of this corpora
ton shall be in the city OF New Orleans
State Of Louisiana, where all citations and
other legal process shall be served on its
regular officers according to law.
Article III.-The objects and purposes for
which this corporation is organized, and the
nature Of the business 10 be carried on by
II, are hereby declared TO be: 20 act as fiscal
agents for orher corporations partnership
firms and individuals, to lease. promote. buy.
sell. mortgage, hypothecate, pledge and deal
IN real estate stocks notes bonds and other
securities and commercial papers; 70 act as
agent for any and all business relating or
aip5u 70 al rtg
surance, notes, and other commercial papers;
TO borrow and lend money notes, bonds
mortgages pledges; and generally 20 do
and perform all other things that may be
necessary to carry out the objects and pur-
poses Of this corporation.
Article IV.-The capital stock Of this cor
poratiOn is hereby declared TO be the sum
Of five thousand dollars (S5O0OOO, divided
into FIVE hundred shares Of the par value Of
ten dollars each. No transfer Of stock shall
be binding upon this corporation unless same
appears on the books thereof
No stakeholder shall have the right 70 as
sign or transfer any share shares held by
him unless ne shall have first offered same
in writing TO the board Of directors which
will have the right to purchase same within
ten days there after, at the valuation deter
mined by the board; and in case Of dissatis-
faction as to the price the matter shall be
arbitrated, one arbitrator with the powers
Of amicable cOmpOunders to be appointed by
each side and an umpire TO be selected by
those two, who shall take oath. and whose
decision will be final and no recourse to thee
courts to be hereafter allowed. And all the
shares Of stock when so purchased may be
reissued at not less than par value.
Article vi. The corporate powers Of
this corporation shall be vested in a board
of directors 70 be composed Of FIVE directors
to be elected by the stockholders at a gen
eral meeting to be held on the second Mon
day Of January in each year. No stakeholder
Of this corporation shall be eligible unless
he owns in his own name al least one full
paid share Of the capital stock.
q The board Of directors shall have the
power to make all bylaws, rules and reguls-