The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-22
Apr. Il May 20.
CHARTER OF FLOwEREE, COLE &
REESE, INC.

United States of America, State of Lou
iSiana, Parish of Orleans. BE 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 -. Olivier, a notary public, duly
commissioned and qualified in and for the
parish and state aforesaid. and i'll 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 of
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 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 * 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 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 ana general
agents, and 10 conduct a general insur-
ance agency and insurance brokerage bust
ness.
tbD 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 i'll any
business in which this corporation may
be authorized TO engage, or the ownership
of whose securities would be advantageous
or convenient i'll 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.
(c) 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 OF fur
thering any of its 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 a 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 tn,
| sum of fifteen thousand dollars (S15,OO.OO
| represented by one hundred and fift,
| $50 shares of the par value of one hun
dred (Sl00) dollars each. All of the stool
shall be common stock. Stock shall b,
| issued for cash. property or good will
and shall be paid for at such times an6
in such installments as the board of di
rectors may direct. No stakeholder in thi
corporation shall sell all or any part o
his said stock without first giving fiji
teen Q5) days written notice to thi
corporation of his desire to sell. Thi
| corporation, upon receiving such MOTTO
shall allow the other stockholders to pur
chase such stock in proportion to thei
respective holdings of stock in the cor
pOratiOn. and sucn other stockholders shall
have fifteen C5) days from the date sucl
| written notice is given the company, L
purchase said stock at the then book valu
| of such stock.
ARTICLE IV.-The capital stock of thi
| corporation may be increased, in accord
ance with law, to the sum of one hun
dred thousand dollars Q00O00)
ARTICLE V.-The domicile of this cor
poration shall be in the city of New Or
| leans. state of Louisiana.
| ARTICLE VI.-The period of duration
of this corporation shall be ninety-nin
(99) years.
ARTICLE VII-All the corporate power
of this corporation shall he vested in
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 a quorum
/
The names and post office addresses o
the directors for the first year. who shal
serve until their successors are electe
and qualify. are as follows: Robert /
Orleans, La. Ralston S. Cole, 462 Lower
line street New Orleans. La: Austin &
Reese 1888 Bordeaux street, New Orlean:
La.
the corporation, to hold and exercise thei
offices for the first year, or until thei
successors are elected and qualify, to-wit
Robert +. Floweree, president; Ralston
Cole, vice-president; Austin G. Reese, sec
rotary treasurer.
| ARTICLE VIU-The names and post
office addresses of the subscribers to thes
articles of Incorporation, and a statemen
of the number of shares to which eac
, | has subscribed. are as follows:
| Robert T.. Floweree, 1917 IL Mareng
street. New Orleans, La. - shares; RAJ
ston S. Cole. 462 Lowerline street, New Oh
leans, La, % shares; Austin G. Reese 16d
Bordeaux street New Orleans, La,
shares. Total. 10 shares.
Thus done and passed, at the city Z
: New Orleans, state OF Louisiana, on III
day and date hereinabove written, and
: the presence OF Messrs. Philip s. Cider
, and Charles F.. DUNBAR, Jr., competer
witnesses. who have signed these present
with the said appearers and me, notar,
| after due reading Of the whole.
(The original is signed
) r. f. Floweree, Ealston F. Cole, Aust
G.. Reese.
| Witnesses:
: Philip s. Gidiere.
D Chas. T.. Dunbar, Jr.
PIERRE ID. OLIVIER,
Nnta-v I,uh1t