St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-12-14
Charter Of
ROBERT l.. AUBERT COMPANY.
INCORPORATED.
CONTINUED from mage II


organization of corporations, they
have covenanted and agreed and by
these presents do covenant and agree
and bind and form and constitute
themselves, as we'll as such other per-
sons who may hereafter join or be-
come associated with them, into a
corporation and body polite in law,
for period of ninety-nine years and
for the objects and purposes and un-
der the agreements and stipulatiOns
following, tO-Wit:
ARTICLE l.
The name and style of this cor
poration shall be
''RObttr L.. ALBERT Company, Inc.,'
the domicile whereof shall be in the
town of Covington, Parish Of st.
Tammany, State of Louisiana. All
citations and other legal process shall
be served on the President, and in
his absence on the Vice President,
a1G in the absence of both, on the
ecretary-Treasurer.
ARTICLE IL.
The objects and purposes for which
this corporation is established is to
conduct a general insurance business
for the writing of all classes OF III
srrance, of every nature and kind
10 represent insurance companies as
agents, general agents, attorneys,
brokers, adjusters and cOllect:rs; to
act as auditors and accountants, to
carry on a general real estate bust
ness, and generally to do and perform
any and all acts and things pertain
ing to the business above enumerat-
ed, connected Herewith or arising
therefrOm.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum OF
Five Thousand $5,O0O.O0) Dollars,
divided into and represented by fifty
600 shares of the par value of One
Hundred ($10O.00) Dollars each, but
the same may be increased from time
to time by amendment to this char
ter, in accordance with law, to the
sum of Twenty Thousand ($2O,0OO
Dollars, or any part of such sum.
The corporation shall be going con-
Germ when Three Thousand $4,000
Dollars of it's capital stock is actual
" subscribed and paid for. Shares
of stock shall be represented by GER
tificates signed by the President and
Secretary-Treasurer No stakeholder
shall be liable or responsible for the
contracts, faults or debts of said cor
poration, nor shall any informality
in it's organization have the effect OF
rendering this corporation null or ex-
posing a stakeholder to any liability
beyond the unpaid balance of his
subscription to the stock OF this cor
pOratiOn.
ARTICLE w.
The affairs of the corporation shall
be managed by Board of Directors
composed of three stockholders, who
shall be elected annually by ballot at
a stockholders meeting to be held on
the second Monday in January, ex-
cepting that until the second Monday
in January, 1920, the following nam
ed persons shall constitute the first
Boar dof Directors: Robert L. Au-
bert, postofice, Slidell, La; E. A.
Leonval, postoffice 1920 Gayoso St.,
New Orleans, La. and Emma w.
Lyon, postoffice, Covington, Louisi-
ana. They shall elect at their first
meeting a President, Vice Presi-
dent and a Observation-Disclosures, ex-
cepting that until the stockholders
meeting on the second Monday In
the year 1920, the following officers
shall serve: Robert l.. ALBERT, Pres
ident; E. A. Leonval, Vice President,
and Emma w. Lyon, Secretary-Treas-
urer. Any failure to elect directors
annually shall not dissolve the cor
poration, but the directors then IN
office shall continue to serve until
their successors shall have been duly
elected and qualified. Any vacancy
on the Board of Directors occurring
by death, resignation or otherwise,
shall be filled by a meeting OF the
stockholders. Stockholders meet
ings may be held when ordered by
the Board of Directors, or the holders
of twenty-five per cent of the out
standing stock. Notice OF all stock
holders meetings, other than adj
journed meetings, shall be given by
written notice to each stakeholder
through the mail at his last known
address at least fifteen days before
such meeting. Each person shall be
entitled to a vote for every share
owned by him.
ARTICLE v.
This charter may be amended or
this corporation dissolved by two
thirds vote of the outstanding stock
at a stockholders meeting called by
the Board of Directors, after having
given notice to each stakeholder, in
writing, stating the purpose for
which said meeting is called, at least
fifteen days before such meeting and
deposited in postoffice, addressed to
his last known address. In case of
dissolution, the Board Of Directors
shall act as liquidators.
ARTICLE vi.
The Board of Directors shall have
the right to employ and dismiss
clerks and managers, and to adopt
bylaws for the general management
of the corporation, and can amend
same at their pleasure.
ARTICLE VII.
This corporation shall enjoy all
rights and privileges granted by law
to corporations, and shall use a cor
porate seal. 1t shall have power to
contract, sue and be sued in its COR
porate name, to hold, receive, pur-
chase, convey, mortgage, hypothe-
cate, or pledge property, both real
and personal. 1t shall have power
to establish branches in the State OF
Louisiana.
Thus done and signed at my office
on the day, month and year first
above written, in the presence OF