The herald., 1918-06-20
CHARTER.
and purposes and under the following ar


and authority to contract, sue and be
sued; TO make and use corporate seal
the same to alter or break at pleasure: to
make all necessary rules and regulations
for ITS corporate management and control
and 1t shall have and enjoy all the rights
privileges and immunities which are now
conferred upon or may hereafter be grant
ed to corporations of the same kind and
Article 1.-THE domicile of said cor
poratiOn is hereby fixed in the City of
New Orleans, State of Louisiana, and all
citation and other legal process shall be
served upon the President of said corpor-
alton, and, in case of his absence upon
the Nlce-President; and in case of the alb
sence of both upon the Secretary-Treas-
urer.
Article III-The objects sand purposes
for which said corporation is organized
are declared to be: To act as agent for
insurance companies in soliciting and re
ceiving applications for fire. casualty,
plate glass, boiler, elevator, accident work
mems compensation, tornado, health. bur
glary, rent, marine, credit and life in
SuIance, and all other kinds of insurance,
the collection of premiums and doing such
other business as may be delegated to
agents by such companies, and to con
duct general insurance agency and in
surance brokerage business; to act as
agents for bonding companies, soliciting
and receiving applications for bonds of
all kinds and character; to purchase, lease
or otherwise acquire real estate and to
the same to own stock in any other cor
pOratiOnS and vote the same, and general
ly to do any and all things incidental or
germane to any of the objects and pur-
poses above specified.
Article lV.-The capital stock of said
corporation is hereby fixed at the sum of
fifteen thousand dollars ($l5,0O0.0O), divid-
ed into one hundred and fifty (lJO) shares
of the par value of one hundred dollars
($lOO.OO) each, all of which shall be COM
mon stock, and the same may be issued
Tor cash or IN payment of property or
services actually received by or rendered
to the corporation.
The parties hereto declare that they
have subscribed for the number of shares
of the capital stock of the corporation set
opposite their respective names, so that
this act of Incorporation shall serve as an
original subscription.
Allen Mehle. a subscriber to one hun
dred, forty eight C4S) shares of the cap
ital stock of the said corporation, has
transferred, conveyed and delivered to the
corporation, in full payment and liquida-
tiOn of his said subscription, all the ex-
listing business of Allen Mehle, Agent No.
1O9-1lO Hennen Building, New Orleans,
Louisiana, including agency contracts, Of
flee furniture, lease eXpiratiOns, good will,
etc, as shown on the statement filed here
with, giving a detailed and itemiZed deS-
criptiOn, together with the value thereof,
as appraised by the directors of this cor
poratiOn.
No transfer of stock shall be binding
upon this corporation unless made and
recorded upon its books.
The amount to which the capital stock
of said corporation may be increased is
hereby fixed at the sum of one hundred
thousand dollars ($1O0,OOO.O0).
Article V.-All the powers of said cor
pOration shall be vested in and exercised
less than three 90 shareholders, and a
majority shall constitute a quorum for
the transaction of all business.
A majority of the Board of Directors
sW,gr Kali araI IN
pass any resolution or adopt any bylaw,
which, when so passed or adopted, shall
become valid corporate acts.
The Board of Directors shall be elected
annually at general meeting of the
shareholders to be held on the second
Tuesday in June. 1919, and on the same
day and month in each succeeding year
after ten DAYS written notice mailed to
each shareholder at his last known ad-
dress appearing upon the books of the
corporation, unless such notice be waived
in writing by all the stockholders appear
ing as such upon the books.
The failure, however, from any cause
to hold the annual meeting of the stock
holders, or the failure to elect directors
thereat, shall not operate the forfeiture of
this charter nor impair the corporate
management, but the directors and Off
GERS then in office shall serve until their
successors have been duly elected, quail
fed and installed. Any vacancy in the
Board of Directors shall be filled for the
unexpired term by the remaining direc-
tors.
The officers of the corporation shall
consist of a President, one or more Vice
Presidents, a Secretary and a Treasurer
| The office of Secretary and Treasurer
may be held by one and the same person
under the name of Secretary Treasurer
! the offices of President and Treasurer
and Vice President and Treasurer may
| likewise be combined under the names
of President and Treasurer and Vice Pres
ident and Treasurer.
oil no fr1t nd of
| tors, who shall serve until the annual
meeting to be held on the second Tues
| day in June, 1919. shall consist of Aller
| Mehle 3222 Prytania Street New Orleans
| La, who shall be President; John +. Ian
sing, 135 s. Hennessey St, New Orleans
| La, who shall be Vice President; Oscar
| l.. Chambers, 616l Milne street, New Or
leans, La, who shall be Secretary-Treas
Article vII.-This act of incorporation
may be changed, altered or amended, OIL
this corporation may be dissolved by and
thirds in amount of its then outstanding
| stock at a general meeting convened FOL
that purpose, after thirty days notice IL
writing mailed to each stockholders las
| known address, and after fifteen days
| publication in one of the daily newspa
pers published in the City of New Or
leans, as prescribed by law.
| IL this corporation should be dissolved
| by limitation or otherwise, its affairs shall
| be liquidated under the supervision o
| three commissioners to be elected at
general meeting of shareholders convened
| for that purpose, after notice as aboy,
provided in this Article, and they shall
| remain in office until the affairs of tn
corporation shall have been fully liquidated
| and in the case of the death or disablnt!
to act of one or more of the said liquida
| tors the survivor or survivors shall con
tinue to act under the provisions and II
| accordance with the terms of Section 3
of Act 267 of 1914.
| Article VIII.-No shareholder of thi
| corporation shall ever be held liable o
i responsible for the contracts or faults o
this corporation in any further sum thai
the unpaid balance due upon the share
of stock owned by him; nor shall an!
mere informality in the organization hav
the effect of rendering this charter nul
| or of exposing any shareholder to an!
liability beyond the unpaid balance du
upon his stock; nor shall any informalit,
| or irregularity in the organization hav
the effect of rendering any shareholder Ii
able as a partner.
Thus done and passed, in my office, II
the City of New Orleans, on the day
month and year first hereinabove writ
ten, in the presence of Messieurs. Bur
witnesses. who hereunto sign their name
with the said appearers and me, Notary
after reading of the whole, and the sal
appearers have hereunto signed opposit
their names the number of shares o
stock of this corporation subscribed TO
by them.
Il (Original is signed).
| Allen Mehle, 3222 Prytania street, \
o., La. AS shares; J. f. Lansing, 135
Hennessey St. 1 share; Oscar l.. Cham
bers 6161 Milne ST.. 1 share.
| pnr EiSlpr