The herald. [volume] (New Orleans, La.) 1905-1953, 1920-12-16
CHARTER.
CHARTER or CITIIT>~' IIt-E I<~tr.
ANCE CONPN\N

Ei-lfor. % Notary Pu.r.. t...
stoned and uualiU.E ia .-. I.- ..
i~h and stat, aforesaid .H,-..-
and ia ia. presence. pr rF... t,i-....
matter named and understand ....-..... ..
came and appeared far r.-... ....
names are L,r-uufo subscribe. ..f .. ..
ui J-r of majority and r.-......t. .. ,..
state aud citizens OF fH, limited -..
who ,ryrraIly declared that. .........
selves of the provisions u. t.r N. ..
lN'N. Act No. e. of lHuH. OIL. ......... ..
Act 30 of 1916 and Az .ff . TO-
th" General Assembly of r., -..,. u. 1000.
I.l,N'' i"'} 30 u1 These l.r'-..'. ........
""d "-f'' aht "Ihd themselves. TO-. ..... .
''"'' .t''r'H~ - .|fs i'..... .,..
,I''T "Hr'.I il"d Win them. Iu order .
t'I. anu '''-N'n'' % ''r'"r.''.. u~ .H.
'"'''' j." NV, Tor I'd" "HE.. .- a.. ...
~ anu '''"'I '"' H'.p".H'.TH- t.....
ARII'LE l. Th" uarao and tt,I. us p. ..
'''i"I.'I'H >hIh DE 'Hlf'.- If. I.-.
""r ""F""tr "Hd under i.H' -....
l"a' NM anu 'n1"y 800 no" E.-af- r....
''-'7 "Hu advantages -r1J''a b.. I... ..
'.. l'".i'l"AN 'uH >."I iH." '.r I....I ...
'l."''l't 7" ENJOY -I'".--.HH aug ....
I"'..' ,Nt~''N'' -'T "uI aHr.H- '.. ......
~, .''. p. -'.''' wars I'"" .." ..., ......-
''L'H r''H'i '.-~niE'l Do o.. l....r
"'. t.,.'i.'I pre-. .''A in'.
,.'' ''' i"i"'t'N ~H#Il N.'" Ir..r ...
...'I' ny TO contract Z" ~a" and Dee -...
'' .h' ana Use corporate" ~t.l ... |..
..'"'. TO ,i'"h. alter cor H..ua 40 pleas.
~ nun. ''''t.'r F.F.h'... rH.|.. r..
"L'' -.-'s 0l N"'I''"'r a.- I...-.
.' '.'''' -, ''.i OF lr.I~"IH.. .ht .r B..
NN' .''~ ANA other obligations. u..a.. .....
ms or ''H'' rti7"nr'- "t t.Hi-. -.
nave ANA employ such Wauu-.r. ascent.
anu Other employee, rs On" interest ...
'D"' 'II'H'r "I >.iI corporation may r.
tuI' or -'WalI. and 10 make and .-
,"huSh >u'h bylaws. rules and regulations
LOT i"' corporal" i.tua-ru"ut @rd ,UuIr..
VI ~ AFFAIRS as may Ice deemed u,rr--.-.
ana rN-'dI'A''
ARTICLE II-Thr Gou!i,iIn cf ellis. ....-
poration shall be i'm the div of N... o.
leans, Parish of Orleans. STATE of r....
iaua and all ,ityfious and 9TH
process shall be served ON its P-.,iI..r,
or in the event Of his ah.,Dr. f,r,.-. -
Yico-P President. or in the .y,.r.r oF r... .I
Sonc- of both of said officials. mon Ii..
Secretary nv '"'
ARTICLE Iu-Tha objects and r.v-
poses for which this CORPORATION i. ,raa,..,,
and the nature of the business Ia d.. go
rird on are hereby declared Ia he. r..
carry on an industrial Iif. insurance. lrr.f
ness I'm all of its branches. for which sim.
lated premiums, advance a.sa.sr,.',,, 40.
dues are regularly payaI,I. a,,J LII
bic every four weeks. tri-werLIy III ,y..LI,'
weekly. semi weekly or al any other STATED
terms not exceeding one calendar pon,I
apart, and the policies or benefit csrri6.
Gates for which are for sums of tv, nm,
drcd dollars or less. on a single Iifa az
which policies or ben,tt c.rtiti.,taI ~, va
vide Il weekly cash hauaft for dis,I. H.,
caused by sickness or accident of tu.n,,
dollars per week or less. or which r,rn
vide for the attendance of a mystic, ~
supplying drugs. or furpisbint, n -
eral
ARTICLE IV-The capital stock Of tbi.
is hereby tiX.d ot tbo m,
ten thousand $50 O60 0Ol doIIors dj,-iI va
into and represented nv one tbous,,,i
Il OOOD shares of the mar ysln,, Of 49,, IS,n'
dollars each. which Shall he evidenced l.,
=
before being issued. such cartifcatas of
capital stock shall be trgnSf.rrohIe orI,
on the books of the corporation and sb"iI
be worcestershire
All stock of this cornoro+ion r-o,-;I,
for herein or that which may La barsaf,.
issued. shall be valid only If Stoned \,
the President and counter SIGNED h, ~
Secretary
Before any stakeholder shall sell ar dis.
pose of his stock in the cornoratior b.
shall give thirty DAYS written notira Of bis
intention so 10 do 70 the cornnratior a.
ing which thirty DAYS tho corncrstion :,
self shall have the right of purchasing rho
stock mt its hook value Pun 'H'
ARTICLE V.-All the cornor,,a nov-.rs
IF this corporation shall he vested In a,,d
hy a BOARD of Diracto-s 60 80
posed of not less than five nor more t6an
nine stockholders. All of whom, SboIi a. |
.itizens of the United States and raSidart,
If the State of Louisiana and aacb sbaII
,wn Mt least ten shares of stock NJ ~
corporation. They shall hold Office for /
i've years or until their Successors arr
'lected and qualified. The BOARD Of m
'ectOrs shall hold monthly meetings
The Board of Directors shall nave NOV
r to make. amend or abrOCate all hv.I,vs
'ules and regulations for tho manat,en,ant /
# the affairs of the CORPORATION: Ia an
'oint. employ and discharge an officers
gents and employees: fix all salaries and
and generally 70 do and No.
orm all things necessary in rho traps
ction of the business and affairs of n,
corporation; provided that the Hoard may
delegate TO the President. or other nerSons
elected by il, or to such COMMITTEES as III
nay create from among their number
UGH authority as they NAV deem proner
The officers of the corporation shall loo
President. a President a Secretary
ually by the Board of Directors m
nd a Treasurer. who shall no eIoct,d ~ n'
rSt Board of Directors shall consist of
tx stockholders. four of whom shall con.
titute a quorum, and a majority of tboSe
n attendance shall transact ali business
nd shall consist Of. Wartin Kron IT.
.abanca, Jr Charles A DeSnorts Sr !
ohm W. Engelhardt, Jules Lahanca Sr |
nd Charles \. DeSpOrte, Jr. who shall
old office until the Goth day of Novem |
er, 1928. or until their successors are
uly elected and qualified, with the said
ohm W. Engelhardt as President the soid |
,harles \. Desporte, Sr. as Vice President
ne said Jules Labanca, Sr., as Secretary
nd Martin kron as Treasurer
On the Goth day of November 1907 ond
very five years thereafter. or ss soon as
ossible after said date. Mt a meeting M
called for that purDose an
lection of Directors shall be held ar tbo
flee of the cOrpOration ofter - Il.