The herald., 1917-03-08
CHARTER
OF CONSOLIDATED AGENCY COMPANY,
INCORPORATED.

United States of America, State of Louisiana,
Parish of Orleans.
Be it known, that on this 3rd day of March,
in the year OF our Lord, Nineteen Hundred
and Seventeen, and of the independence OF
the United States of America, the One Hun.
bred and Forty-frst:
Before me- Louis r. Hoover, a duly APP
pointed and qualified Notary Public for the
Parish of Orleans, State of Louisiana, and in
the presence of the witnesses hereinafter
named and undersigned,
Personally came and appeared, the several
persons whose names are hereinafter SUD
scribed, all of full age, who declared unto
me. Notary, that availing themselves OF the
laws of the State of Louisiana relative 10
the organization of corporations,
They do by these presents, contract, agree,
as well as such other persons, as may here
after become associated with them, TO form
and constitute corporation and body polltlc
in law, for the objects and purposes, and un-
der the stipulations hereinafter set FORTH
to-wit:
Article 1.-The name and title of this cor
poration shall be, Consolidated Agency Com
pany. Incorporated. and under such title, II
ence for a period of Fifty Years from date
hereof
1t shall have the power and authority &c
contract, and be sued, to make and use a
corporate seal, the same to break and alter
at its pleasure, TO hold, purchase, lease, sell,
mortgage hypothecate, or pledge property,
real, personal, or mixed.
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 upon the
President, or in his absence, upon the Vice
President, or in the absence of both President
and Vice-President, upon the Secretary.
Article III-The objects and purposes OF
this corporation are hereby declared to be,
To carry on a general insurance business
as general agents, or brokers, or agents, fol-
| inS, lOratF1
elsewhere, doing Fire, Life, Accident and
Health, Marine, Automobile Insurance, LA
bility, or any other forms of Insurance, au.
thorized to be carried on by the State OF Lou
isiana.
This corporation shall have the power TO dc
a general insurance business in the different
kinds of insurance outlined above; as agent
or representative.
1t Shall have the right and power to ac-
quire insurance agencies and 10 appoint agents
for the proper conduct and carrying on OF its
business, and to do and perform any and all
things necessary, connected with or gerInane
10 its objects and purposes.
Article IN.-The capital stock of this cor
pOration is hereby fixed at the sum of Tween
ty Thousand Dollars (S20,0O0.00), divided into
Two Hundred shares of the par value OF
One Hundred Dollars $4,000 per share. Said
stock shall be paid for in cash, or for labor
done, for property actually received by the
said corporation, at such times as the Board
| of Directors may nix.
Article N.-No certificate of stock shall be
issued, or delivered, unless same is fully paid
| for in cash, or for property, or for labor done
No stakeholder shall ever be held respon
sible for the faults, contracts, or debts OF
this corporation in any further sum than the
unpaid balance due the corporation on share:
of stock, subscribed for by him or her
| Nor shall any mere informality in the or
ganization have any effect of rendering thi:
charter null and void, or of exposing a stock
holder to any liability whatsoever, other thar
the above;
Nor shall any stock duly issued be subject
! to assessment.
! This corporation shall become going con
Germ and commence doing business, as soor
| capital stock shall have been subscribed for
| Article VI.-All the corporate powers o.
| this corporation, shall be vested in, and exer
cised by a Board of Directors, composed o.
| three shareholders, two of who shall consti
| tute quorum for the transaction of business
| The first three directors shall be elected at
| Stockholders Meeting to be called for tha
| purpose, within five days, or sooner after the
| date of this incorporation.
| The directors then elected, shall hold Office
until the second Wednesday of March, in tn,
| year 1918.
! Thereafter, the Board of Directors shall b,
/ elected annually on the second Wednesday
/ in March; the failure TO elect directors how
ever, shall not forfeit this charter, but thos,
in office shall hold over until their successor.
are elected and qualified
| The Board of Directors shall elect from
| among their number the officers of this cor
poration, which said officers shall consist o
| a President, a Vice-President, a Treasurer
and Secretary, each of whom, except tn,