The herald., 1918-02-21

United States of America, State of Louisi
ana, Parish of Orleans, City of New
] Orleans.
Be it known, that on this the twenty
| fourth day of January, in the year of Gu
Lord, one thousand, nine hundred an,
| eighteen. and of the Independence of thu
United States of America the one hundre,
and .forty-second, before me, Edouard F
| Henriques, notary public, duly commissioned
and qualified in and for the above city
| parish and state, therein residing and II
| the presence of the witnesses hereinafter
! named and undersigned, personally came anC
/ appeared:
The several persons, whose names are
hereunto subscribed, who declared that they
are of full age of majority, and, availine
themselves of the laws of the State of Lou
| isiana, relative to the organization of cor
porations, in such cases made and provided
they constitute themselves, their associates
successors and assigns, corporation under
the stipulati herein set forth, which they
adopt as their charter, to-wit:
Article 1.-The name and style of the
corporation shall be "A. c. Vreeland, Inc"
and II shall enjoy succession and corporate
existence for a period of ninety-nine years
from the date hereof, and it shall have for
the purpose of the business to be carried on
by 1t all powers conferred by law upon cor
porations, and shall generally exercise all
the powers necessary to carry on the said
business.
Article 1.-THE domicile of this corpora
ton shall be in the City of New Orleans,
State of Louisiana, and all citation and legal
process shall be served on the President of
the corporation, or, in the event of his disa
bility, on the Vice-President of the corpo-
ration.
Article III.-The objects and purposes for
which the corporation is organized, and the
nature of the business to be conducted by
it, are hereby declared to be:
To act as General Agent, Special Agent
and Local Agent, of Companies. firms, cor
porations and societies, which are duly quail
ihed by law to engage in the business Of
insurance; to act as Insurance Broker; and
in the capacity of agent or broker to solicit
for, sell, and place with said companies,
firms, corporations and societies, insurance in
all of its branches;
And to act as agent Or representative of
owners, employers, or other persons, firms
and corporations, having or claiming to have
any interest in the injuries or death of
employees or other persons, or having or
claiming to have any interest in property
real Or personal, or other objects or subjects
Of insurance;
And to do and perform any and all acts
necessary to carry out the aforementioned
objects and purposes.
Article IV.-The capital stock of this cor
poration is hereby fixed at the sum- of Fifty
Thousand Dollars CssO,oOOoO to be repre-.
scented by Five Hundred (5OO) shares Of
stock. of the par value Of One Hundred
Dollars $4,000 each.
Fifty per centum of the capital stock must
be subscribed before the filing of the Articles
of Incorporation: fifty per centum of all stock
subscribed for must be actually paid in
before the corporation engages in business,
and the remainder within twelve months
thereafter, as the law directs.
The amount to which the capital stock may
be increased shall be Seventy -hve Thousand
Dollars (s75,OOoOO).
All stock subscribed for shall be paid for
in cash, or its equivalent, or property re-
ceived, or labor done, at such times and
upon such terms and conditions as the Board
of Directors shall prescribe. No transfer of
stock shall be admitted or held to be valid,
or binding, so ia as the corporation is con-
cerned, unless made upon the books of the
No sale or pledge OF stock shall
be valid unless made upon the books of the
corporation. No sale or pledge of stock
shall be valid unless said sale or pledge isl
accompanied by a written certificate, signed
by the president and secretary-treasurer OIL
the corporation, to the effect that said stock
was offered to the remaining stockholders
through the Board of Directors, at its book
value, for a period of thirty days, and they
have failed or declined to purchase the same:
Stock hold or pledged in contravention OF
this provision shall become the property OF