The herald., 1920-05-06
CHARTER OF FLOwEREE. COLE 4
REESE, INC.

"DIEh@f h-NN'
| United States of America, State OF Lou
| isiana Parish of Orleans. BE il known.
| that on this 10th day OF the month of
April, in the year of our Lord, one thou
| sand, nine hundred and twenty, before me,
Pierre ID. Olivier, notary public, duly
commissioned and qualified in and for the
parish and state aforesaid, and in the
| presence of the witnesses hereinafter
/ named and undersigned, personally came
and appeared the several persons whose
names are hereunto subscribed, who de-
| clared to me, notary, in the presence or
J the undersigned Witnesses that, ayailing
| themselves of the provisions of the laws
! of the state of Louisiana, they have mu-
tually agreed and contracted and by these
presents do agree and contract and bind
and Obligate themselves, their heirs and
| assigns. and all persons who may here
| after become associated with them herein,
to form a corporation under the name and
| for the objects and purposes. and under
| the terms, stipulatiOnS and provisions con
tanned in the following articles, to-wit:
| ARTICLE 1.-The name of the corpor-
alton shall be "Floweree, Cole d Reese,
| Inc"
ARTICLE 1.-THE purposes for which
| this corporation is formed are hereby de-
| clared TO be follows:
| (a) To engage in and carry on in any
| part of the world an insurance agency
| business, either as local or general agents
| or both, in fire, marine, tornado, casualty,
| automobile, plate glass, boiler, elevator, ac-
| cident health, life, and credit insurance.
and all other kinds of insurance; to so
! licit and receive applications as agents
| for all forms of insurance and TO do such
other business as may be delegated by
| insurance companies to local and general
| agents, and TO conduct general insur-
ance agency and insurance brokerage bust
ness.
| 90 To acquire by purchase. subscrip-
ton, or otherwise, and to hold, sell, as
sign. transfer, exchange, mortgage, pledge,
| or otherwise dispose Of any shares of the
capital stock, bonds, other evidences
| of indebtedness of any other corporation
or corporations, association or associa-
tonS domestic or foreign, engaged in any
business in which this corporation may
be authorized to engage. or the ownership
of whose securities would be advantageous
or convenient in the protection or promo
ton of any of the purposes or interests
of this corporation, but only to the ex-
tent authorized by the laws Of the state
of Louisiana.
Cc) To carry out all or any part of the
foregoing objects as agent, broker, fac
tor or otherwise, either alone or in con-
junction with any person, firm, association
or corporation, and in any part of the
! world; and in carrying on its business,
and for the purpose of attaining or fur
thering any of it's objects, to make and
| perform contracts OIL any kind and de-
scription: to do such acts and things and
: to exercise any ana all powers as nat
ural person would lawfully make, per-
form, do. or exercise. provided the same
: be not inconsistent with the laws under
: which this corporation is organized.
ARTICLE III.-The capital stock OF
? this corporation is hereby fixed at the
I sum of fifteen thousand dollars (Sl5,OOOO)
: represented by one hundred and fifty
l $50 shares Of the par value OF one hun
bred (S100) dollars each. All OF the stock
4 shall be common stock. Stock shall be
e issued for cash. property or good Will
II cbon no for at cnph times and
r in such installments as the board OF d.
rectors may direct. No stakeholder in this
corporation shall sell all or any part OF
n his said stock without first giving fiji
:, teen U5) days written notice to this
n CORPORATION of his desire to sell. This
l. corporation, upon receiving such notice
!, shall allow the other stockholders to pur
e chase such stock in proportion to Their
a respective holdings of stock in the cor
Doration. and such other stockholders sinai
have fifteen (15) days from the date sucf
written notice is given the company, Il
purchase said stock at the then book value
ARTICLE Iv.-The capital stock Of this
corporation may be increased, In accord
:. ance with law, to the sum of one hun
: bred thousand dollars Q0O.OOO)
3, ARTICLE V.-The domicile Of this cor
It poration shall be in the city Of New Or
It leans. state of Louisiana.
i ARTICLE yI.-The period Of duration
y of this corporation shall be ninety Mint
1871 years.
ARTICLE vII-All the corporate powers
of this corporation shall be vested in
board of directors to consist OF three Is
persons, TO be elected annually on the frs
day of May of each year the Director
so elected to serve until their successor!
shall be elected and qualify.
Two (2) or more members OF the boar'
of directors shall constitute quorum
for the transaction Of business.
l. The names and post-office addresses o
W the directors for the first year. who shall
h serve until their successors are electe.
lr and qualify. are as follows: Robert \
ID Floweree 1917 1-2 Marengo street, New
of Orleans, La: Ralston S. Cole, 462 Lower
4 line street New Orleans. La: Austin
IT Reese, 1888 Bordeaux street, New orleans
l. La.
in the corporation, to hold and exercise thei
L offices for the first year. or until thel
d, successors are elected and qualify, town.
c. Robert +. Floweree, president; Ralston ;
at Cole. vice-president; Austin G. Reese, sec
r ARTICLE VIII-The names and most
re office addresses of the subscribers to thes
tn articles of incorporation, and a statemen
T. Of the number of shares to which eac
II, has subscribed. are as follows:
id Robert f. Floweree. 1217 IL Mareng
20, street. New Orleans. La, % shares; RAJ
Y, ston s. Cole. 400 Lowerline street. New oI
a Bordeaux street. New Orleans, La,
t. shares. Total. 75 shares.
e, Thus done and passed, at the city .
s. New Orleans. state Of louisiana, on u
lg day and date hereinabove written, and ]
ar the presence of Messrs. Philip s. Cider
he and Charles r. DUNBAR, Jr., competer
W witnesses who have signed these presenI
with the SAID appearers and me. notar!
nd after due reading Of the whole.
d (Thn original Is signed): -,
es r. f. Floweree, Ea1ston F. cole, Austi
r. G.. Reese.
m Witnesses:
k Philip 8. Gidiere.
he Chas. f. Dunbar. Jr.
,e- PIERRE n. OLIVIER.
ha Nnfarv Pnhli