The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-08
ARTICLES OF INCORPORATION OF j.
l.. WARNER CO., INC.
Jan. 8-Feb. IL.

United States of America, State of Louis
lana, city OF New Orleans, Parish OF Or
leans. BE it known, that on TINS 3otn
day of the month of December in the yeaI
, one thousand, nine hundred and nineteen;
before me- Martin ii. Manion, a notary
public duly sworn, commissioned anu
qualified, in and for the Parish of or
leans State of Louisiana, and in the pres
ence of the hereinafter named and under
signed. personally came and appeared tho
persons whose names are hereunto SUP
scribed, who declared that, availing them
selves of the provisions of the general
laws of this State relative to the OrganiZa-
ton of corporations, they have cOnvenanted
aud agreed, and do, by these presents,
covenant and agree, bind, form and con-
stitute themselves, as well as such per-
sons as may hereafter join or become as
sociat,d with them, into corporation and
body polite in lazy, for the objects and
purposes and under the agreements and
stipulations following, to-wlt:
ARTICLE 1.-The name and title of this
corporation shall be J. +. Warner * Co.
Inc, and under that name il shall have
and enjoy all the rights mad privileges
granted by law to corporations; ii shall
exist for a period OF ninety nine years
from this day; IL shall have power 10
contract, sue and be sued in its corporate
name: to make and Use a corporate seal /;
to hold, receive, purchase, convey, mort
gage, hypoth"cate or pledge property botn
real and personal; TO issue bonds, notes
and other obligations; TO have ana employ
such managers, directors, officers, agents
and other employees as the interest and
convenience OF said corporation may re-
quire, and to make and establish such by
laws, rules and regulations for the proper
, management and control of the affairs or
said corporation as may be necessary and
expedient.
ARTICLE 1.-THE domicile of said cor
poratiOn shall be in the City OF New Or
leanse, State Of Louisiana, and all eta
tions and other legal process shall be
served on the President and in his alb
sence on the Vice-President, and in the
absence of both, upon the Secretary Treas
urer OF said company.
ARTICLE III-The object and purposes
for which this corporation is organized.
and the nature of tue business to be car
ried OH by il, are hereby declared to be
insurance companies, and to do gen.
eral insurance business either as agents or
as solicitors for other companies.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum of
fifteen thousand dollars 1915, 0000O) di-
vided into $50 shares of the par value of
one hundred dollars per share, which shall
be paid for IN cash when subscribed for,
or for the purchase of property, as the
Board of Directors may direct. Which
said capital stock may be increased to a
sum of one hundred thousand dollars
| CSl1O,eOO.OO) by a vote of two-thirds or
the stock present or represented at a
meeting called specially for that purpose
| in the manner pointed out by law; during
| the period between the call for the mesf-
| ing, and the meeting, the persons hvru-
| ing stock at the time shall have the right
to take shares of the additional or in
creased stock proportionate to the num-
| Der of shares owned by them respectively,
| and any share not taken at the expiration
of said period may be disposed of by the
Board of Directors for the benefit of the
corporation, at not less than their par
value. All shares of stock shall be full
| paid and worcestershire. No transfer of
| stock shall be binding on the company,
unless recorded upon its books and made
| In pursuance of its charter and bylaws.
None Of the stockholders shall have the
right to assign, transfer any Of the shares
held by any of them without first having
offered same to the Board of Directors,
which shall have the right to purchas>
them within sixty days thereafter at their