The herald., 1916-02-17
CHARTER
OF THE FISCAL AGENCY, INCORPO-
RATED

State of Louisiana, Parish of Orleans. City
o. New Orleans.
BE i. known that, on this, the fourth (4th)
! 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 hercunto 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.
/ POI 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
poration shall be The Fiscal Agency, Incor-
porated, Of New Orleans, Louisiana, and il
| shall have and enjoy succession and exist
ence for period Of ninety-nine years from
| date hereof II shall have, enjoy and pos
! sess all the powers, rights, privileges and
| lmmunities accorded 70 corporations under
the law.
Article 1.-THE domiciIe Of this corpora.
tion 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
it, are hereby declared TO be: TO act as fiscal
agents for orhcr corporations, partnership,
| firms and individuals. 70 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
pertaining TO real estate stocks. bonds. in
Surance, notes, and other commercial papers :;
to borrow and lend money on notes, bonds
mortgages or pledges; and generally TO DO
and perform all other things that may be
necessary to carry out the objects and pur-
poses Of this corporation.
Article IV.-Thc capital stock Of this cor
poration is hereby declared 10 be the SUN
Of FIVE thousand dollars tSSOlOlG, 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 stockholder shall have the right 10 as
] sign or transfer any share or shares held by
| him unless he shall have first offered same
I in writing % the board OF directors, which
will have the right to purchase same within
ten DAYS there after, az the valuation deter
mined by the board: and in case OF diSsatis-
! faction as TO the price the matter shall be
arbtrated. one arbitrator with the powers
| Of amicable c1mpounders TO be appointed by
| each side and an umpire 10 be selected by
/ those two. who shall take oath, and whose
| decision will he final, and no recourse TO thee
| courts 70 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 board
| Of directors 20 be composed Of five directors
/ 70 be elected by the stockholders AZ cen
eral meeting 10 be held on the second Mon
| day Of January in each year. No stocka',aer
/ Of this corporation shall be eligible unless
he owns in his own name az least one fall
paid share Of the capital stock.
! , The board Of directors shall have the
power to make all bylaws rules and regula'