The herald., 1916-03-02
CHARTER
OF THE FISCAL AGENCY, INCORPO
RATED

I M III
Sta.c Of Louisiana. Parish Of Orleans, City
| o. New Orleans.
| Re l. krawn that, on this. the fou-th (4lh
! DAY OF February in the year 81 our Lore
nineteen hundred and sixteen, before me
/ Edward Peter Cousin, a so-ary public, duly
commissioned and qualified, IN and for III,
| 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 name:
are hercuuto subscribed, all Of the full axe
Of majority and residents Of this city, VIII
Seyerally declared that, aval!ing themselves
Of the provisions OF the act Of the LegiSla
tIre Of this State, being known as Act No
| 2b7 Of the Session Acts OF 1914. they do, bV
these presents, covenant and agree and bind
themselves. well all such other persons
as may become hereafter associated with
them. in order to form and constitute 4 cor,
poration 0r body polite in law, for the OBJ
Iects and purposes, ard under the stIpula'
tIons following. to-wit:
Article The name and title Of this cor.
poration shall be The Fiscal Agency, Incor.
pora,cd. OF New Orleans, Louisiana, and !;
shall have and enjoy succession and exist
ercc for a period Of ninetv-uIne years from
date hereof. 1t shall have, enjoy and pos
SeSS all the powers, rights, privileges ard
.mmun't'cs accorded 70 corporations under
the law
Article 1.-The domicile of this corpora
ton shall he in the city OF New Orleans.
State OF Louisiana, where all citations and
other legal process shall be served on its
regular officers according 10 law.
ArrICle lll-The objects and purposes for
which this corporation IS organized, and the
nature Of the business 10 be carried on by
it, are hereby declared to be: 10 act as fiscal
agents for orhcr corporations, partnership,
firms and individuals, 20 lease. promote, buy,
sell. mortgage hvpothecatc, pledge ard deal
in real estate stocks notes bonds and other
securities and commercial papers; TO act as
Ill IT,.
pertaining 10 real estate stocks, bonds, in
surance. notes. and other commercial papers
10 borrow and lend money on notes, bonds.
mortgages or pledges; and generally 10 do
and perform all other things that may be
necessary TO carry out the objects and pur-
poses OF this corporation.
Article lN.-The capital stock of this cor
poration is hereby declared 10 be the sum
Of five thousand dollars (S5OOOOO), 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 TO as
sign or transfer any share or shares held by
him unless he 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 umpire TO be selected by
those two who shall take oath, and whose
courts 10 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 to 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 at least one full
paid share of the capital stock.
2. The board of directors shall have the
power TO make all bylaws, rules and regula-
tons necessary for the conduct of the bust
ness affairs of said corporation; shall elect
from their number a president, vice presi-
dent and secretary-treasurer.
J. Until the election TO be held here
inabove provided, the following shall con-
Stitute the first board of directors, viz:
Wallace J. Deluzain, No; l46l N. ROcheblave,
New Orleans; Charles f. Wermuth, No 1918
Nashville Ave. New Orleans: Albert F.
Commagere, No. 1927 Leontine ST., New Or
leans; John Dillon, No 33S Broadway St,
New Orleans; Uriah J. Virgin. No 1927 Ca.
nal St.. New Orleans with Wallace J. Delu-
president and Albert F. Commagere as sec
ret treasurer.
Thus done and passed, at my office, in the
city of New Orleans, on the date first above
d. Knapp and Walter E. Achee. competent
who have hereunto signed their
names with the said appearers and me, no.
tary, after due reading of the whole.
Original signed: W. J. Deluzain, 200
shares; A. F. Commagere, 200 shares; John
Dillon, ! share; Chas. E. Wermuth, share
I, J. Virgin, share. II. d. Knapp, w. E.
Achee.
Z. P. COUSIN, Notary Public.
l, 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
Fiscal Agency, incorporated" was this day
duly recorded in my Office in book lle5, folio
-. New Orleans, February 2, 1916
(Signed) EMILE J. LEONARD, D. r.
A true copy.
E. P. COUSIN, Notary Public.
feb 10 II "A march 9 is