The herald., 1916-02-10
CHARTER
OF TIE FISCAL AGENCY, INCORPO-
RATED.
Sta:e of Louisiana, Parish Of Orleans, CITY

OF TIE FISCAL AGENCY, INCORPO-
RATED
Sta:e Of Louisiana, Parish Of Orleans. City
o. New Orleans
he l. known that on this the fourth CfthD
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, availng 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, bv
these presents, covenant and agree and bind
themselves, as well as all such other persons
as may become hereafter associated with
them, IN order 10 form and constitute cor
poration or body polite in law, for the OBJ.
JectS and purposes, and under the stipula-
tons following. tO-wit:
Article The name and title of this cor
poration shall he The Fiscal Agency, Incor-
porated, of New Orleans Louisiana. and il
ence for a period of ninety-nine years from
date hereof II shall have, enjoy and pos
SesS all the powers. rights, privileges and
lmmunities 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 TO be carried on by
It, are hereby declared to be- to act as fiscal
agents for orher corporations, partnership.
hrnS and individuals, to lease, promote, buv
sell, mortgage, hypothecate, pledge and deal
IN real estate stocks notes bonds and other
securities and commercial papers; to act as
agent for any and all business relating or
pertaining to real estate stocks. bonds in
Surance, notes, and other commercial papers;
70 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 mr..
poses OF this corporation.
Article lN.-The capital stock of this cor
poration is hereby declared to be the sum
OF i've thousand dollars (S5OWOO, 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 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
viii 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
arDItrated, one arbitrator with the powers
OF amicable compounders TO be appointed by
each side and an umpire to be selected bv
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 NAV be
reIssued at not less than par value
Article VI The corporate powers OF
TINS corporation shall be vested in a board
u directors to be composed of five directors
10 be elected by the stockholders at gen.
.ral meeting to be held on the second Mon.
lay OF January i'll each year. No stakeholder
u TINS corporation shall be eligible unless
ne owns IN his own name at least one full .
1aid share of the capital stock
, The board of directors shall have the
power TO make all bylaws, rules and regula-
ions necessary for the conduct of the bust.
less affairs Of said corporation; shall elect
ION tneir number president, vice-presi-
lent and secretary-treasurer.
J. Until the election to be held as here.
nabove provided, the following shall con.
titute the hrst board OF directors, viz.
\ aIlaee J. Deluzain, No 1867 n. Rocheblave. {,
Eew Orleans; Charles Z. Wermuth, No. 1918
Nashville Ave, New Orleans; Albert +
,omnagere, No. 1927 Leontine St. New Or /
cans; John Dillon. No. S38 Broadway St,
'ew Orleans; Criah J. Virgin, No 3627 Ca. 4
ain S' New eHe. oTsans with Wallace J. Delu
resident and Albert F. Commaperr as ser II
etary-treasurer
Thus. done and passed, at my office, in the
ny OF New Orleans, on the date first above
''NSH' III tne presence OF Messrs. Horace
}: Knapp and Walter Z. Achee, Competent
illnesses, who have hereunto signed their
ameS with the said appearers and me, no.
lTy, after due reading OF the whole.
o[Iginai signed: W. J. Deluzain, 200
1ares; A. F. Commagere, 200 shares; Iohn
illon, share; Chas. f. Wermuth, / share:
F. }. Virgin, share. II. D. Knapp, ". E.
E. P. COUSIN, Notary Public.
l. me undersigned recorder of mortgages.
and for the parish OF Orleans, State of
ouisiana, do hereby certify that the above
i'd foregoing act of Incorporation of The
seal Agency. Incorporated" was this dav
iiy recorded IN my office in book ll9s, folio J
=. New Orleans, February 2, 1916.
(slgnedD EMILE J. LEONARD, D. R.
true copy.
E. P; COUSIN, Notary Public.
b 10 IL "a march 20 IS