The herald., 1920-12-02
CHARTER OF CITIZENS LIFE INsuR-
ANCE COMPANY.

United States of America. State of Lou
isiana Parish of Orleans. city of New or
leans BE it known, That on TINS NO,
vember Goth, 1920 before me EdMaru
Rightor. Notary Public. duly commls-
stoned and qualihed. in and for the Par-
ish and state aforesaid, therein residing.
and in the presence of the witnesses hert-
matter named and undersigned, personally
came and appeared the persons whose
names are hereuntO subscribed. all of IN"
fun age of majority and residents OF TINS
state and citizens of the United states
who Sevprally declared that. awaiting them
selves of the provisions of Act NO. 100 OF
1895 Act No. Is of 1906, as amended by
Act 2i0 of 1916 and Act ZIG OF l9OS' OF
the General Assembly of the state or Lou
isiona they do by these presents covenant
and agree and bind themselves. as Wei rs
such other persons aS may become mere
after associated with them. IN order 10
form and constitute Il corporation or hodN
polite in law. for the objects ana pnr'
poses and under the StipulationS fOilOW-
ing: ..,,
ARTICLE 1.-The name and title of this
corporation shall he Citizens LIE lnsur-
anre Company. and under that name II
shall have and enjoy all the rights privi-
legpS and advantages granted by law 10
corporations. and shall have the power ana
authority to enjoy succession ana cor
pornte existence for and during the period
of ninety-nine years from the date hereof.
unless sooner dissolved in the manner
hereinafter provided for.
Said CORPORATION shall have power ana
authority to contract. to sue and be sued,
m make and use a corporate seal. and the
same to break, alter or amend at pleas
ure: to hold. receive, purchase, convey, de-
| liver. mortgage. hypothecate ana pledge
anv property, real or personal. ana 10 Is
| sue notes and other obligations. negotiable
instruments or other evidences of debts; 10
| have and employ such managers agents
! and other employees as the interest ana
| convenience of said corporation may re-
| 0uire or demand, and to make and es-
| tablish such bylaws. rules and regulations
! for the corporate management and control
of its affairs as may be deemed necessary
| and eNpedient.
| ARTICLE 1.-THE domicile Of this cor
! pOratiOn shall he in the City of New Or
| leans. Parish of Orleans. state of Louis
| lana. and all citations and other legal
process shall he served on its President.
| or in the event of his absence, upon the
! Vice President. or in the event OF the alb
sence of both of said officials, upon the
| Secretary.
ARTICLE m.-The objects and pur-
| poses for which this corporation Is created
| and the nature OF the business to be car
| ried on are hereby declared to be: To
carry on an industrial life insurance busl-
ness in all Of its branches, for which stlpu-
lated premiums. advance assessments or
dues are regularly payable and c0llecti'
BILE every four weeks. tri-weekly. bi-weekly,
weekly. semi-weekly or at any other stated
terms not exceeding one calendar month
I
Gates for which are for sums of five hun
dred dollars or less. on single life, or
| which policies or benefit certificates pro-
| vide n weekly cash benefit for disability
| caused by sickness or accident, of twenty
| dollars per week or less, or which pro
vide for the attendance of physician or
supplying drugs, or furnishing fun-
| eral.
ARTICLE Iv.-The capital stock of this
| corporation is hereby fixed at the sum OF
ten thousand (S10OO0O0 dollars, divided
into and represented by one thousand
q .OOO) shares of the par value of ten $50
dollars each, which shall be evidenced by
certificates and shall be fully paid in casf
before being issued. Such certificates OF
capital stock shall be transferable only
on the books OF the corporation and shall
be worcestershire.
All stock of this corporation, provided
for herein or that which may be hereafter
issued. shall be valid only IL signed b,
the President and counter signed by thu
| Secretary.
Before any stakeholder shall sell or dis
pose of his stock in the corporation. b.