The herald., 1918-01-31
CHARTERS.

ppration, nor impair its management in any
respect, but the directors in office shall re-
main IN office until their successors are
elected and qualified.
Each board Of directors shall elect. as soon
as possible after their own election, preSI-
dent. Weep president. and secretary
treasurer. and may grant to each officer such
powers as they deem ht.
All vacancies in the board OF directors
from whatever cause shall be filled by the
board may appoint any other director II,
proxy to act IN his place and stead al any
meeting Of the board.
Article NII.-This act Of Incorporation may
be modned. changed. or altered. the said
corporation may be dissolved with the assent
Of two-thirds Of the capital stock outstand-
iHg, az a meeting OF the stockholders con
vencd for that purpose, and after ten days
notice has been given by registered letter,
mailed 90 the last known address OF each
stakeholder. The said notice may be waived
by the unanimous consent OF the stOckho.d-
In case of the dissolution OF the corpora
ton 1t, affairs shall be liqu,dated by the
directors IN office Al the date OF its disco
luton.
Article NIII-No stakeholder shall ever be
held liable for the faults or contracts, OF
! The said corporation IN any further amount
than the unpaid balance due the corporation
/ Oh the share, or shares, OF stock owned by
/ him.; nor shall any mere iuiormality in this
] '.llt Hti nave lilt t'ltN' tl ItuOtFlNE tllN
/ charter null. or exposing any stakeholder u
/ any liability beyond the unpaid balance, II
! any due ON his stock.
Article IN.-The subscription of stock of
! Augu~tu, {. Nrccland, for the amount Of
/ Twenty-Five Thousand Dollars tS-5.OOOO), or
! Two Hundred. Fifty t2SOl shares, Is covered
/ by, and the purchase price or consideration
/ therefor IS. his transfer - this corporation
on this date. Of all Of his. rights, title and
| interest IN and to his business, namely,
that OF general insurance. and particularly
that OF general agent of the Ocean Accident
X Guarantee Corporation, Limited, OF Lon
don, England, for the States Of Louisiana
and Mississippi now and for the past sew
cra years conducted and operated by the
said Augustus {. Nrccland at Room 800 Mai
son Blanche Building. in the City of New
Orleans; also the good will OF his said bust
ness, together with the stock in trade, fur
niture and fixtures thereunto belonging and
contained within Room 800 Maison Blanche
> Building, the said business being transferred
III its entirety 4 going concern q this
corporation, per duly authenticated Act
of Sale, passed before Edouard f. Henriques.
Il = Notary Public, which said business, good
I will ct cetra, of the said Augustus. {. Nree-
land have been inven,oried and appraised
rs OF lanuay the first, Nineteen Hundred.
and Eighteen, by said board Of directors and
valued at the sum Of Twenty-Five Thousand
Dollars CS25OOOOO)
Article N.-The subscribers hereto have re-
spectfully written opposite their names the
amount Of stock subscribed by them to this
corporation 50 that this Act OF Incorporation
may also serve as the original subscription
list of the corporation, and they have stated
their post office addresses. namely, New Or
leans, to conform with Act 267 of the
General Assembly of the State of Louisiana
of 1914.
Thus done and passed in my office, in the
City OF New Orleans, State of Louisiana, on
the day. month and year FIRST above written
in the presence of Gordon Boswell and l.. 7.
Bryant, Jr., competent legal witnesses, res
identS of this city. who hereuntn signed their
names, with the said appearers and me,
notary, after due reading of the whole.
| Original Signed: A. C. Vreeland C25O)
Emm1 W. Dinghaus (One); James Rainey
III (One)
Witness: L. p. Bryant. Jr., Gordon Bos.
we'll.
: EDOUARD F. HENRIQUES. Notary Public
al New Orleans, Louisiana, January, 1918.
e' |. the undersigned Recorder of Mortgages
4 in and for the Parish of Orleans State OF
Louisiana, do hereby certify that the Ac
4 of Incorporation this day duly recorded
in my office, in Book 1919. Folio -
n Original signed EMILE ]. LEONARD
ri by. X.
al ! hereby certify that the above and fore
going is a true and correct copy of the
original act file in my nOtarial office.
( EDOUARD F. HENRIOUES, Notary Public
J Jan 81 Feb u q Is March