The herald., 1920-05-13
CHARTER OF FLOwEREE. COLE &
REESE, INC.

United States of America, State of Lou
isiana. Parish OF Orleans lie it 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 II. Olivier, notary public, duly
commissioned and qualified in and for the
parish and state aforesaid, and III 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
! the undersigned witnesses that, availing
| 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 hereln,
! to form "A corporation under the name and
! for the objects and purposes. ana 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 as 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 n general insur-
ance agency and insurance brokerage busl-
ness.
To 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, or other evidences
of Indebtedness of any other corporation
, or corporations, association or associa-
lions. domestic or foreign. engaged III 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'
r tent authorized by the laws or the state
d of Louisiana.
d (c) To carry out all any part of the
foregoing objects as agent, broker, 1ac'
II 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
m and for the purpose of attaining or FUR
l. thering any of its objects, TO make an'
d perform contracts any kind and de
er Scription: to do such acts and things an'
~ to exercise any anu all powers as nat
D. uTal person would lawfully make, per
s. form. do or exercise. provided the sam
rs be not inconsistent with the laws nnde
as which this corporation is organized.
Id ARTICLE III.-The capital stock
ne this corporation is hereby fixed at IN
of sum of fifteen thousand dollars (S1o,OOOO
u represented by one hundred and flft
I'd Q5O) shares Of the par value of one hun
ly drpd $1,000 dollars each. All of the stoc
nd shall be common stock. Stock shall Q
be issued for cash. property or good VII
all and shall be paid for at such times an
or in iuStallmpntS The hoard OF a
Y rectors may direct. No stakeholder in TIL
corporation shall sell all or any part
in his said stock without first giving n
~, teen G5 days written notice TO IN
in corporation of his desire 10 sell. Tn
n corporation. upon receiving such notl'
es, shall allow the other stockholders TO pu
he chase such stock in proportion 10 the
a respective holdings of stock in the co
poratiOn and such other stockholders sha
have fifteen Q5) days from the date SUE
written notice is given the company.
purchase said stock at the then book van
of such stock.
Article IV-The capital stock OF tn
corporation may be increased. In accor
nc ance with law, to the sum OF one hu
TT dred thousand dollars t1OOOOOD
ms. ARTICLE V.-The domicile OF TINS co
lat poration shall be in the city of New
INT leans. state of Louisiana.
lu- ARTICLE VI.-The period OF durati'
lay of this corporation shall be ninety-hi
ARTICLE VII-An the corporate powe
:. of this corporation shall be vested IN
board of directors to consist or three '
persons TO be elected annually on the III
lie. day of May of each year. the directo
so elected to serve until their suecesso
= shall he elected and qualify.
Wy Two (2) or more members OF the boa
of directors shall constitute quoru
for the transaction of business:
GU The names and post-office addresses
lew the directors for the first year. VINO sh
9th serve until their successors are elect
ear and qualify. are as follows: Rooert
red Floweree, 1917 IL Marengo street; n
I'M line street New Orleans. La; Austlh
hur Reese, 1888 Bordeaux street, New orlea
)m- La. ,...
his The following shall be the offlcers
.ein the CORPORATION, to hold and exercise IN
Wit offices for the first year, or nnti VI
led. successors are elected and qualify, tow
c. Robert F. Floweree, president; Ralstoh
hat Cole, vice-president; Austin G. Reese :
OF rotary treasurer.
,or- ARTICLE VIII-The names and 20
fore office addresses of the subscribers 10 IN
nth articles of incorporation, and statem'
ort- of the number of shares to which "a
Dol has subscribed. are as follows: 49,
said Robert f. Floweree, 1917 IL mare,
900 street New Orleans. La, % shares; i,
ary, ston s. Cole. 462 Lowerline street. Ne"
ers leans, La, % shares; Austin n,o g. Ree Sc
eet- shares. Total. % shares. .,.r
nee Thus done and passed, at the GU!
res New Orleans. state OF Ioulslaha, on
ting day and date hereinaboye wrlttts' GA;
pear the presence OF Messrs. fhilP S .,
the and Charles f. DunDar, Jr, coIlP pso
,eyy witnesses. who have signed these pres
with the said appearers and me- hoI0
and after due reading OF the whole.
old (The original Is signed) A..
tiles r. F.. Floweree, Ra1ston T. CoIe' Au'
vir- G.. Reese.
hem Witnesses:
ock- Philip s. Gidiere.
the Chas f. Dunbar. Jr. r-,
be- PIERRE ID. oLi III I,,l
the NotaR! ~
ged I. the undersigned RecorIer OF,
y of cages in and for the parish OF otie'