The herald., 1918-06-06
CHARTERS.

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| under said corporate name it shall have
| succession for ninety nine years. unless
sooner dissolved, and shall have power
| and authority to contract sue and be
| sued to make and use "A corporate seal,
| the same TO alter or break at pleasure; to
| make all necessary rules and regulations
for its corporate management and control /;
| and II 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
| character.
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 cOrpOF-
alton, and, in case of his absence. upon
| the Nice-President; and in case of the alb
sence of both upon the Secretary Treas
| urer.
| Article III-The objects and purposes
| for which said corporation is organized
| are declared to be: To act as agent for
insurance companies in soliciting and re-
| cclying applications for fire, casualty,
| plate glass, boiler. elevator, accident, work
mems compensation, tornado, health, bur
| glary, rent. marine, credit and life in
Surancr 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
>urance 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
hOld. improve, mortgage and dispose of
the same to own stock in any other cor
pOratiOnS and vote the same, and general
~ to do any and all things incidental or
germane to any of the objects and pur-
poses above specified.
Article IN.-The capital stock of said
corporation is hereby fixed at the sum of
fifteen thousand dollars tSlj,OOO.O0), divid-
ed into one hundred and fifty tlJO) shares
hundred rs
(SlOOOOD each. all of which shall be com
mon stock, and :he same may be issued
for 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. subscriber to one hun
dred, forty eight O4Nl shares of the cap
ital stock of the said corporation, has
transferred, conveyed and delivered to the
corporation. in full payment and liquida-
ton of his said subscription. all the ex-
| listing business of Allen Mehle. Agent No
| IO9-IlO Hennen Building. New Orleans
Louisiana, including agency contracts, Of
nee furniture lease, eNpiratiOns, good Will
etc, as shown on the statement tiled 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 ($lOO,OO0.O0).
Article E.-All the powers of said cor
pOratiOn shall be vested in and exercised
by Board of Directors composed of not
less than three CD shareholders. and
majority shall constitute a quorum for
the transaction of all business.
\ majority of the Board of Directors
voting, in person, shall be required to
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 adj
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
Board of Directors shall be filled for the
nneNpired term by the remaining direc-
tors.
The officers of the corporation shall
consist of a President. one or more Vice
Presidents, Secretary and 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.
Article VI.-The first Board of Direc-
tors, who shall serve until the annual
meeting to be held on the second Tues
day in June, 1919, shall consist of Allen
Mehle, 3222 Prytania Street. New Orleans.
La, who shall be President: John T. Ian
sing, 135 5. Hennessey ST., New Orleans
La, who shall be Vice President; Oscar
l.. Chambers, 6161 Milne street. New Or
leans, La. who shall be Secretary Treas
urer.
Article VII.-This act of incorporation
may be changed altered or amended or
with the consent of the holders of two
| thirds in amount of its then outstanding
| stock ut a general meeting convened for
| that purpose after thirty DAYS notice in
writing mailed to each stockholders last
| 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.
| If this corporation should be dissolved
| by limitation or otherwise, its affairs shall
ne hquidated under the supervision of
| three commissioners to be elected at a
| general meeting of shareholders convened
for that purpose, after notice as above
provided in this Article and they shall
| remain in office until the affairs of the
corporation shall have been fully liquidated
and in the case of the death or disability
TO act of one or more of the said liduida-
tors, the survivor or survivors shall con-
time to act under the provisions and in
accordance with the terms of Section 30
| of Act 267 of 1914
Article VIII.-No shareholder of this
corporation shall ever be held liable or
responsible for the contracts or faults of
TINS corporation in any further sum than
the unpaid balance due upon the shares
mere informality in the organization have
the effect of rendering this charter null
or OF exposing any shareholder to any
laDlnty beyond the unpaid balance due
upon his stock; nor shall any informality
or irregularity in the organization have
the effect OF rendering any shareholder Ii
able as n partner.
Thus done and passed, in my office. in
the city OF New Orleans. on the day,
.nohtn ana year first hereinabove writ
Ten, IN the presence of Messieurs Burt
w. Henry and Frances EisIer, competent
witnesses, who hereunto sign their names
Win the said appearerS and me Notary
after reading of the whole and the said
appearers have hereuntO signed opposite
their names the number of shares of !
stock of this corporation subscribed for
by them "
Original is signed)
Allen Mehle. 3222 Prytania street. n.
o.. La, 14S shares: J. T.. Lansing 135 s /
HpDnpSSpV I Shara. nScor CO.