The herald., 1917-10-25
CHARTERS.

dollars (s5O,OO0OO represented by one thou
dollars $4,000 per share, payable IN cash
at the time OF subscription, or property or
good will conveyed TO the corporation.
The capital stock OF this corporation may
be increased to an AMOUNT not 10 exceed
sixty thousand dollars tSJlDcyli but IL
the event OF such increase, the additional
shares TO be issued representing sad N
crease, shall be divided p-D rata amongst
those owning shares al that time Il they
desire.
The subscription OF James Provost to nine
hundred 900 shares OF the capital stock OF
this Corporation, consists IN whole o; good
wall conveyed TO The corporation, FULLY de
scrsJed IN an Act Of Sale by the said James
Provost 10 this corporation, passed before the
undersigned notary public, this day; winch
said Good VII Is appraised by the directors
II thls corporation al the sum OF I5rty-ave
thousand dollars GS45.G CO.,.
Article N.-.hN the corporate powers Of this
corporation Shil. be vested IN, and exercised
by, a boa-d of directors, composed OF NJ.
less ;hau three nor more than seven stock
holders, a majority of wa0m shall constitute
a quorum for the Transaction Of business.
James Provost, residing At No. 1912 y.
PrlcIT street, Albert De Ben, residing At
No. 5l3S Esp,auade avenue, William J. Pre-
vDst residing at No. II2l y Johnson street,
'aa. constitute the n-st board o. directors
Who shall serve until the third 80 VI uday
u September. 1918, with James Provost, IS
president, Albert De Ben, as vice-presiden;,
and William J. Provost as secretary treas
u-tT
On the third Monday in September. l9iS
and annually thereafter, an election for di-
-ect1rs shall be held at the Office OF the
corporation Of which election due notice shall
! be given by notice delivered personally, or
| by depDSltIug same in pDSt-Oit.cc ait.cSSed
| 90 last known address OF each stoCklp.der,
| as i appears on books Of corporation, II
! least fifteen days before such meeting. Each
| director shall hold his office until his sue
| CessOr shall have been duly elected, and the
| board Of directors shall at its first meeting
| after its election, select one Of It's members
| IS president and another as secretary, who
! shall hold his office until his successors
| shall have been elected by the succeeding
Al all elections or meetings, each stock
| holder. either in person or by proxy, shall
| be entitled to one vote for each share Of
stock owned by him and the persons receiv-
| Ug the votes representing a majority IN
| amount Of the capital stock, shall be declared
elected.
The president shall preside at all meetings
| Of the board Of directors, and shall conduct
| generally. In the absence or inability 70
| act Of the president, the board Of director.
shall appoint one OF their number 10 act
in his stead.
The board OF directors shall have the power
! 10 make and adopt such bylaws, rules and
regulations as It may deem proper for the
transaction Of the business Of this corpora
;ion; also alter and amend the same, 70 ri
| all vacancies which may occur IN the boarC
Of directors, and generally 10 de and per
form all and every other act or acts which
may be necessary to carry into full effect III,
purpose Of this corporation. Minutes shall
be kept Of all proceedings Of the board
| Article NI-Ths act OF Incorporation nal
5e amended or this corporation may be dis
| solved before the expiration Of the term o
this charter by an affirmative vote Of two
thirds Of the entire capital stock at a gen
eral meeting convened for the purpose, a
which general meeting due notice shall b
given by notice delivered personally b.
, deposi;ng same in post-office addressed :
last known address OF each stakeholder as
. | appears on the books of the corporation a
least fifteen days before such meeting.
Article NII.-At the expiration of thi
: charter, or sooner, as provided for in Articl
. VI, the liquidation Of the affairs of this cor
poration shall be made by three commits
; SiOuers, to be chosen by The stockholdeT'
, from AMONG themselves, at a meeting Gale
for that purpose prior TO the date fixed f.
the termination OF this charter, OF wlic
meeting due notice shall be given as PFC
! vded for in said Article VI, al which meet
ing the term of office OF said commissioner!
their compensation and the mode and dura
. ticE Of the liquidation, shall also be hxe
: by the stockholders, which liquidators sha
= | perform such duties and have such power
: as are conferred upon them by law and b
q | Inc stockholders.
Article NIII-No stockholders shall be Ii;
: bic for the contracts, debts or faults OF III
! corporation, in any further sum than n
). amount of the unpaid balance due the
( stock, shall any mere informality
, | organization OF the corporation make its IL
;, dividual members liable beyond the lin
u above set forth render this charter nu
{ and void.
y Thus done and passed, in my Office,
!, New Orleans, louisiana on the day, mont
u and year first above written in the pre-
ence Of Walter c. Wedig and Jeanne Hatre
= competent witnesses, who have signed wit
/ the apPearers and me, notary, after due rea
y ing OF the whole.
n Original Signed J. Provost, 900 share
II Albert de Ben, shares; VIM. J. Provost,
re share Walter G. Wedig. ]. Hatrel.
y FELIX J. PUG, Notary Public.
y New Orleans, September 10, 1917.
I, the undersigned. Recorder of Mortgage
c. in and for the Parish of Orleans, State
d louisiana do hereby certify that the ab0'
70 and foregoing Charter of the Provost lnsu
p ance Agency Company Inc, was this d;
< duly recorded in my Office in Book ~
r folio Az.
p (Signed' EMILE J. LEONARD, by. R.
re State of Louisiana, Parish of Orleans.
o. l, Felix Joseph PUG, a notary public, du
IS commissioned and qualified in and for 4
p Parish of Orleans, State of Louisiana,
l. hereby certify the above and foregoing to
he a true and correct copy of the Original Cha
~ ter of the Provost Insurance Agency G
Inc, on file and of record in my Notari
ne Archives.
y, In faith whereof, / hereunto set my ha
ne and seal of office at New Orleans, La, h
s. 9th day of September, A. d. 1917
E. (Signed) FELIX J. PUG, Notary Publ
tn Oct II IS 25 Nov