The herald., 1920-04-15


CHARTER OF FLOWEREE, COLE 4
| REESE, INC.
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 aud 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 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 n corporation under the name and
! Tor 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 X Reese
| Inc"
ARTICLE 1.-THE purposes for which
| this corporation is formed are hereby de-
clared 10 be as follows:
GAP 10 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.
ana all other kinds OF insurance; to So
| Eclt and receive applications as agents
| for all forms of insurance and to do such
other business may be delegated by
insurance companies to local ana general
agents, and 10 conduct a general insur-
ance agency and insurance brokerage bust
ness.
tb) 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 tho
capital stock, bonds, or other evidences
of Indebtedness of any other corporation
or corporations, association or associa-
lions, uOmcstIc 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.
(c) 10 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 i'll carrying on its business,
and for the purpose of attaining or fur
1
perform contracts OF any kind and de-
| scTlpIIon; TO 40 Sucn acIS anu things and
| TO exercise any anu all powers as q nat
ural person would lawfully make, per-
| form, 40, or exercise, provided the same
| be not inconsistent with the laws under
| which this corporation is organized.
ARTICLE IlI.-The capital stock OF
this corporation is hereby fixed at the
! sum of fifteen thousand dollars ($15,00.00)
| Iepresented by one nunuieu anu my
| $50 shares of the par value of one hun
bred (Sl00) dollars each. All Of the stock
| shall be common stock. Stock shall be
! ISSUED Tor cash, property good will,
and shall be paid for at such times and
in such instalments as the board of di-
| rectorS may direct. No stakeholder in this
corporation shall sell all or any part of
| his said stock without first giving fiji
| teen u5) days written notice to this
| corporation OF his desire 10 sell. TINS
| corporation, upon receiving such notice
| shall allow the other stockholders to pur-
chase such stock in proportion to their
| respective holdings of stock in the cor
| pOTatlOn, ana sucn Otner stockholders snail
| have fifteen I'D days from the date such
| written notice Is given the company, to
| purchase said stock at the then book value
\ OF such stock.
| ARTICLE IV.-The capital stock of this
| corporation may be increased, in accord
ance with law, to the sum of one hun
dred thousand dollars QOO,00OD
| ARTICLE N.-The domicile of this cor
pOration shall be in the city Of New Or
| Eans, state of Louisiana.
| ARTICLE VI.-The period of duration
of this corporation shall be ninety nine
900 years.
ARTICLE vII-AII the corporate powers
| of this corporation shall be vested in "a
| board of directors tS-~eHsist of three (3)
| persons, TO be elected annually on the first
day of May of each year, the directors
| so elected to serve until their successors
| shall be elected and qualify.
! Two t2) or more members of the board
| of directors shall constitute a quorum
for the transaction of business.
| The names and pOst-Office addresses OF
the directors for the first year. who shall
| serve until their successors are elected
/ and qualify. are as follows: Robert Z.
! Floweree, 1217 1-2 Marengo street, New
| Orleans, La; RalstOn S. Cole, 462 Lower
| line street. New Orleans. La: Austin q.
1 Reese, 1888 Bordeaux street, New Orleans,
| La.
| The following shall be the officers OF
the corporation, to hold and exercise their
| offices for the first year, or until their
successors are elected and qualify, to-wit:
Robert f. Floweree, president; Ralston s.
Cole, vice-president; Austin G.. Reese, sec
/ rotary treasurer.
| ARTICLE VIII-The names and post
office addresses of the subscribers to these
articles of Incorporation. and a statement
of the number of shares to which each
| has subscribed, are as follows:
| Robert +. Floweree, 1917 IL Marengo
! street. New Orleans, La, p shares: Raj
ston s. Cole 462 Lowerline street, New Or
/ leans, La % shares; Austin @. Reese, 1888
| Bordeaux street, New Orleans, La, %
shares Total, - shares.
Thus done and passed, at the city OF
| New Orleans, state of Louisiana, on the
day and date hereinabove written, and in
the presence of Messrs. Philip s. Gidiere
and Charles +. DUNBAR, Jr, competent
witnesses, who have signed these presents
with the said appearers and me. notary,
| after due reading of the whole.
| (The original is signed)
] Il. f. Floweree. RaIston F. cole, Austin
G.. Reese
| Witnesses:
| Philip s. Gidiere.
| Chas. T.. Dunbar. Jr.
PIERRE d. OLIVIER.