The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-07
CHARTER.
CHARTER OF THE
ROSS INSURANCE AGENCY, INC.


ROSS INSURANCE AGENCY, INC.
State of Louisiana Parish Of Orleans;
Be 1t known that on this 14th day of May,
in the year of our Lord, nineteen nun
dred and twenty-one, and or the lnue-
pendence of the United States OF America,
the one hundred and forty-fifth: Before
me- Warren V. Miller, Notary Public;
duly commissioned and qualified in ana
for the Parish Of Orleans, and therein
residing, and in the presence OF the VIII,
nesses hereinafter named ana Undersigned
personally came and appeared the several
persons whose names are hereinafter sub
scribed all being of full age. VINO de-
clared to me, Notary, that awaiting them
selves of the Laws of the State or Louis
lana relative to the organization of cor
porations, they do by these presents con,
tract, agree, covenant, stipulate and Dind
and form them selves, as well as Such other
persons who may hereafter become as
ISOLATED with them, into a corporation
and body polite in law, for the objects
and purposes and under the stipulations
hereinafter set-forth, all of which they
accept as their charter. to-wf:
ARTICLE 1.-The name and title Of this
corporation is declared to be ROSS IN
SURANCE AGENCY, INC, and under
such title il shall have and enjoy success
| sion and existence for period or fifty
years from date hereof: the domieile OF
| this corporation shall be In the city OF
New Orleans, State Of Louisiana, where
all citations and legal processes shall be
served upon the President, or in his alb
sence upon the Vice-President or Secre-
tary, in the order named.
| ARTICLE 1.-THE capital stock OF this
| corporation is hereby fixed at the sum
of Ten Thousand Dollars (SlO,OVOo), all
| Of which shall be divided into and repre-
| scented by Two Hundred Shares OF the
par value of Fifty Dollars $4,000 each.
Stock may be paid for in money, in ser
| vices rendered TO the corporation, or III
property and goodwill regularly trans
| ferred to the corporation, all as shall be
| determined by the Board of Directors.
| ARTICLE IU.-The objects ana pur'
poses of this corporation and for which
| 81 as organized, are declared to be- to carry
| on a general insurance business as Agent
Broker or General Agent for Insurance
| Companies doing a Life, Fire, Accident
| Health Marine Compensation and Liabil-
| ity or other form Of insurance authorized
! to be carried on, now or hereafter, by the
| State of Louisiana. This corporation shall
have the power to do a general business
under the different forms outlined above
| in other States of the United States OF
| America or its foreign possessions. II
/ shall have the power to purchase real
personal or mixed property, to hold and
/ sell same at its convenience and to dc
any and all things needful or necessary
| connected with, Incidental to, or germane
| to the objects and purposes set forth OF
| contemplated by this charter.
| ARTICLE IV.-The corporate powers OF
/ this corporation are expressed and sci
| forth by Section Seven of Act 267 of the
| Louisiana Legislature of 1914, and all cor
pOrate powers shall be duly employed by
and vested in a Board of Three Directors
a majority of whom shall constitute q
quorum for the transaction of all bust.
ness. The First Board of Directors shall
| consist of and be James A. Ross, 72e
| Gravier Street, New Orleans, La, VIM. ID
Hunt, 72S Gravier Street, New Orleans
La, and Ha ~ Sellers, 420 Canal CONNER
| cial Bank Building, New Orleans, La.
and from such Board there shall be elected
three officers, namely President, Vice
| President and a Secretary Treasurer and
James A. Ross shall be President, Win
ID. Hunt shall be ce-President and Har-
ry Sellers shall be Secretary Treasurer
and the said Board and Officers shall
serve as such until the third Wednesday
in January 1922, or until their successors
are elected and qualified. Meeting OF thu
| stock holders for erection of Directors
shall be held yearly, on the third Wed
nesday in january, beginning with tn
year 1922; the Board Of Directors shall
have the right to elect without reference
to stock holders meeting, any stock
holder to be a Director, whenever va
cancy shall exist on the Board Of Direc
tors through death or resignation. Tit
duties of the several officers shall be SCI
forth in the bylaws of the corporation
Directors and amended or altered at theil
will.
| ARTICLE V.-Before any stockholde
shall sell or dispose of his stock in tn,
corporation, he shall give thirty days writ
ten notice Of his intention to do so to III
corporation, during which thirty days thu
corporation itself shall have the right o.
purchasing the stock at its book value
| ARTICLE Vino stock holder of thi!
corporation shall ever be liable for AM
debt Of the corporation other than tn
unpaid portion of their subscription I,
stock, and no informality herein shall
subject them to such liability.
ARTICLE VII.--Amendments 10 thi
charter and liquidation of the corporation
shall be subject to the rules laid-dowI
in Act 267 of the Louisiana Legislature
Of 1914. The Capital Stock of this cor
of this charter, to any sum not exceedin,
Fifty Thousand Dollars ($5O,0O0.0O).
Thus done and signed on the day and
date first hereinabove written, In my No
in the presence of Prentice f. Burlington
Jr, and l.. r. Hoover, competent wit
nesses. and me, Notary, after a due read
ing of the whole; the subscribers setting
opposite their names the amount the!
subscribe for. making this an Origina
subscription list.
| (SIGNED)
/
Orleans, La. 1913 shares, w ID. Hunt, ~
Gravier Street, New Orleans La, l shar,
Harry Sellers, 400 Canal Commercial
Building; New Orleans, La, 1 share.
| WITNESSES.
lSigned) PRENTICE Il. EDRINGrON.JR
R. HOOVER,
Il (Signed) WARREN v MILLER,
Notary Publ
/, the undersigned Recorder Of Mort
cages in and for the Parish Of Orleans
State of Louisiana, do hereby certify tina
the above and foregoing Act Of Incorpor
alton of the Ross Insurance Agency, Inc
was this day duly recorded In my offic
in Book 1858, Folio $50. New Orleans
May 10th, 1921
(Signed) ROBT SCOTT.
by. Re
II A true copy OF the original on file fl
my office
WARREN V. MILLER,
II Notary Publ
June 16-July p.