The herald., 1918-02-21
CHARTERS.

louisiana, therein residing, and in the ores
enee OF the witnesses hereinafter named ant
W.. Irving Moss and Arthur S. Hney. re
spectively the President and the Secye,ar,
OF The Hartwig Moss Insurance Agency
Ltd. who declared unto me, Notary, that 4
meeting OF the stockholders of The Hartwip
Moss Insurance Agency, Ltd, was held on
the 22nd day of December, 1917, at O'Clock
I: M, at the Office of the company, in The
City OF New Orleans, No. $50 Union street,
pursuant to a resolution of the Board OF
Directors OF said company passed at meet.
ing OF said Board held on the 10th day OF
December, 1917, and pursuant to a waiver NJ
notice executed by every stockholder of the
company; SAID stockholders meeting having
oeen called Tor the purpose of amending the
charter OF said company so as to chtnge or
enlarge its objects and purposes; 10 increase
its Capital Stock; to create two kinds OF
stock to be known as Preferred and Com
mon Stock; to increase the number of stock
holders to constitute the Board of Directors
and TO consider the amendment of its Char
ter or Articles OF Incorporation in any other
respect as may be deemed advisable.
That at said meeting of stockholders. so
held on the 22nd day of December, 1917, at
o'clock p. NJ, it was resolved by a unani.
nous vote of all the stockholders present
and represented at said meeting, there being
present and represented at said meeting the
total issued and outstanding Capital Stock
OF said company "a certified COPY of the
minutes of which stockholders meeting is
hereto annexed and made part hereof, that
the Charter of this company be amended
as hereinafter set forth.
And the said w. Irving Moss and the said
Arthur ). Huey, respectively the President
and Secretary of the Hartwig Moss Iasur-
ance Agency, Ltd, further declared unto
me-, Notary, that under due authority of
said stockholders meeting, held on December
End, 1917 they and each of them appear
before me, Notary, for the purpose of en-
bodying the amendments of the Charter of
HartWlp 81
in notarial form; and they now declare unto
me, Notary, that the Charter of The Hartwig
Moss Insurance Agency, Ltd, shall be
amended SO as to read as follows, to::wit:.
Article 1.-The name and style of this
corporation shall be The Hartwig Moss In
surance Agency, Ltd. and under its said
corporate name it shall have and enjoy
corporate existence and succession for the
full term and period of ninety-nine (99)
years from and after the date hereof; to
contract, sue and be sued; to make and use
a corporate seal, and the same to alter and
break at pleasure; to hold receive, lease
and hypothecate property, real, personal or
mixed, corporeal and incorporeal; 10 own and
hold stocks and bonds of other corporations;
o name and appoint such managers, agents,
convenience may require, and to make and
establish, as well alter and amend, from |
ime to time, such bylaws, rules and regu- |
atoms tor the proper government of the |
mans y, sdlu SOlPOldtoH as may De neccs- |
Article iI-The domicile of said CORPORA.
ion shall be in the City of New Orleans,
state Of louisiana, and all citation and other
dent OF said corporation, in his absence
pon any one of the Vice-Presidents thereof
r in the absence of said officers, upon the
secretary of said corporation.
Article III.-The objects and purposes for
which this corporation is organized and es-
ablished and the nature of the business to
e carried on by it are hereby declared to
e:
To conduct q general insurance agency
to solicit insurance of all kinds,
ither a salary or commission; to act as
insurance engineers; to act as agent and
manager for resident and nonresident insur-
nee companies, associations or combinations
persons of all kinds; to inspect insurance
lsks, TO adjust insurance losses and gen.
raj average; to do general stock broker
ge and commission business; to buy and
therwise dispose of, own and deal in stocks,
onds, mortgages, debentures, trust receipts,
papers, consols, and government
ecurities, either for itself or as the agent,
actor or representative of any person, firm
r corporation, and upon commission other
Use; to transact a general real estate agency
nd brokerage business, including the man
cement of estates; to buy, sell, let, lease,
ire, own or demise or generally deal and
'ade in real estate, whether improved or
either as principal or agent, for
pom commission or otherwise; to borrow
oney and grant mortgages, bond mortgages {
notes therefor; to lend money and to re-
live therefor mortgages, bonds, or any other !
her business which under the law it may
. entitled to carry on or which may seem
the corporation to be calculated directly ]
indirectly to effectuate the aforesaid OBJ I
the transaction of its aforesaid business,
businesses, or any part thereof, or in the
ansaction of any other lawful business {
at may be calculated directly or indirectly
enhance the value of or to render profit 4
lie any of the compsny's properties and :
gifts and generally to have and exercise o
such powers and privileges as are in O
dental or relate to the objects and pur- C
ses hereinabove set forth, or as may be
useful or convenient for effecting i
id objects and purposes. i
Article IV.-The Capital Stock of this cor. !
ration is hereby fixed at the sum of
lirty Thousand Dollars (s30,0O0.oO), divided S
to and represented by Three Hundred $500 "
lndred Dollars $4,000 each, Two Hundred 4
D) shares of which said stock shall be
own as Preferred Stock, and One Hundred )
DID shares of which said stock shall be r
own as Common Stock; Separate and dis 4
let certificates shall be issued for each b
lss of stock. Said stock shall be paid for q
cash at such time, in such amounts, and s.
er such notice to the subscribers as may a
fixed by the Board of Directors, and the p
ne may be issued at not less than par for p
nor done or property actually received by s
corporation. Preferential dividends shall &c
paid on the Preferred Stock at the rate Of
Six Per Cent go per annum, and any al
'idend payment omitted or passed, either m
whole or in part, shall be paid in full
fore the Common Stock shall receive any W
Iidends. The Board of Directors may at la
y time declare extra dividend the pi
eferred Stock, but not until dividends to m
least Twenty-Five Per Cent. (25Go) per So
mum shall have been declared on the
mmon Stock. The Preferred Stock shall e.
We no voting power or privilege in any fir
e whatsoever. The Board of Directors in
y, at the end Of any fiscal year, set
de from the net earnings or profits of this tn
poration for said year such proportion al
reof as may be deemed advisable, said OF
dit of what shall be known as the "Com- to
n Stock Surplus Account" The Board Of lie
-ectors may, however, in its discretion, or
the end Of any fiscal year, place any part pc
portion of said net earnings or profits, not
eeding one-half thereof, in what shall st
known as the Preferred Stock Surplus ar
count" If the business of the corporation er
the end of any fiscal year shows loss up
said year, then and in that event the by
rrd Of Directors may, in its discretion, !.
rye the whole or any part or portion of sh
loss to the said Preferred Stock Sur fro
S Account" lie
he Board of Directors may, at any time ap
and retire the whole or any part of the Co
ferred Stock of this corporation by paying CO..
the holder or holders thereof the full par pc
ne thereof, together with the dividends on ST;
Preferred Stock in full up to the date po
sed, in whole or in part, plus whatever sh
crest said Preferred Stock so called and sal
red may have in and to said preferred da
ok Surplus Account" If the business of of