The herald. [volume] (New Orleans, La.) 1905-1953, 1916-06-22
AMENDMENT TO THE CHARTER
OF TIE CITIZENS INDUSTRIAL LIFE
lNSC RANCE AND SICK BENEFIT
ASSOCIATION
United States OF America. State Of Louisiana.

United States Of America. State Of Louisiana
Parish Of Orleans, City Of New Orleans
Re II known, that on this sixteenth day OF
the month Of May, in the year one thousand
nine hundred and sixteen, before me- Robert
LegIer, a notary public. duly commit ssior a
and qualified in and for the parish of Orleans
state OF Louisiana, aforesaid. therein resid.
ing, and ~ the presence of the witnesSe.
hereinafter named and undersigned, person.
any came and appeared: MessrS. Iohu "
tngelhardt and Jules Labanca. both Of the
iuI age OF majority and residents of this
city. Herein acting in their respective ca.
pactueS OF president and secretary OF the
citizens Industrial Life Insurance and Sick
Benefit Association, a corporation orgauized
under the laws OF this state and domiciled in
this city, instituted by an act passed before
the undersigned notary, on February 6. 1867
recorded IN mortgage office, book 81, 10 81.
And the said appearers, acting in their
AFORESAID respective capacities declared that
Al a meeting OF the members of the said as.
Sociation held on May /, 1916, as will more
iu.iy appear by reference 20 the annexed
Certined extract from the minutes thereon,
Article " OF the charter OF the said Citizens
Industrial Life Insurance and Sick BENEFIT
Association was amended as hereinafter
fully set forth, and that they. said appear.
ers, were authorized and empowered to cause
the said amendment to Article " of the
charter OF the Citizens Industrial Life In
'urance and Sick Benefit Association to be
embodied in a Notarial Act
Now. therefore, in accordance with the said
resolution, they, said appearers. acting in
their Aforesaid respective capacities, have
appeared before the undersigned notary for
the purpose OF placing said amendment 70
me charter Of the said Citizens Industrial
Lite Insurance and Sick Benefit Association
IN authentic form by notarial act, and hereby
declare that said Article " Of the charter
OF the said association, shall hereafter read
az follows, to-wit:
Article lN.-All the corporate powers of
in!S company shall be vested in and the
management and control of its business and
AFFAIRS shall be exercised by a board OF
directors composed Of FIVE members. which
number may be increased to no more than
nine at the discretion of the board Of direc.
tors A majority Of the board of directors
snail constitute a quorum for the transac.
ton OF all business. All Of said directors
shal be citizens of the United States OF
America and residents Of the State of Lon.
isiana, and the holder Of a policy or benefit
certificate in this association. The directors
shall be elected by ballot Of the holders of
Polieise or benefit certificates every ten
years. Each holder Of a policy or certificate
OF benefit shall be entitled TO one vote.
either IN person or by written proxy. All
elections shall be held under such rules and
equations as may be determined by the
board OF directors, but after notice of such
election shall have been given by ten DAYS
publication in one of the daily newspapers