The herald., 1921-08-18
CHARTER.
AMENDMENT TO NEW ORLEANS IN
sURANCE EXCHANGE.

SURANCE EAChhNo-
UNITED STATES OF ar New
STATE OF LOUISIANA 81 81 ON this If
ORLEANS-Be it known, that On - ,hon-
teenth day of July, in the year one h.fora
ssnd nine hundred and twenty-one' oe LII
me John Wagner, notary Pu S 60 the
commissioned and sworn s,t ~ Of New Or
Parish of Orleans and Clty oA - nos
leans therein residing, and IN the pa
anna Of the witnesses hereinafter nAnrI
and undersigned, personally appsdUt of
II. Bodheimer, OF age anu pranS also of
this city. and Linden 4. braus, a
saa and a resident Of this city, presiSen ~,
and secretary respectively, Oh lne nors.
Orleans Insurance Exchange, GU the
ton organized under tne na Iobn-
state of Louisiana by act peioIe 10Th
nayev Jr notary public, on Ausus' 49,
Iel5 recorded in Mortgage oe ore
1I57 folio 461, which SAID aPPe1 tho
herein acting under ana oS resolution
snthority vested in them by ISaISars
nessed at a meeting of the stoekhoi1re .h
~ this corporation terminating yS and
fq2I. copy of which resoiSa at
minutes of said meeting and which
tached and made part hereot; anu maniai
80 annaarers declared that AT speSlai
meeting Of the stockholders OF in ,he
Orleans Insurance Exchange, heiu az Ctt,
domicile Of said eorporat.i;On On the eth
a. 81 Univ A. ID. 1921, at eight SlvSA
IN which said meeting OF stochnoiu
srs had been specially called lot tnaI p. ~.
pose, according to law S Sn amend
nants 10 the charter OF said corporatio11
were adopted, as appears from 70 tbe
copy Of said minutes by Note "a
acLholders of more than two-thlrds Oh
eli the stock in said company theretoIoIs
issued and which resolution auopteI
provided that certain amendments snoru
he made to the charter OF tne CoIP0h
tIon and authorized and directeo tne
president and the secretary TO appear pc
fore a duly qualified notary puDnc 10 pus
said changes and amendments on reooIu
in authentic form, certlnea SSps The
tract from said minutes containing tne
said resolution, being hereto annexed anu
made part hereof; and the said appear
ers. in their respective capaclties' s.
clared that in conformity Win tne sa az
resolution, and In furtherance OF sala IN.
structions, Articles Six, Seven ana hlgn'
~ the charter Of the New Orleans insur-
ance Exchange, executed De1ore Jonn
Davey, Jr., notary pubic, on angus i t;no
1I57 folio 46l. be and the same are mere
by amended so as to read as foIlows' u
wit:
APTJCIE yI-"The officers and direc-
tors Of this corporation snail DE anu III
sist Of a president, vice-president secre-
tary. a treasurer, and an executive COM
mittee all of whom, except the secretary
(who may or may not be memper)' shaii
be active members OF THIS ehchahse Inc,
shall be elected by ballot at the annual mn
meeting, or any adjournment Thereon. Inc
executive committee shall consist OF six
members, In addition to the ce-presl1ent
who, by virtue OF MS posi'iSSn a;d oeficaps
chairman of said committee: SAID oHlcers
shall serve for the term or one year, or
tntil their successors nave oeeh uuiy
elected and qualified. At the next ahnual
election three members Of the executive
committee shall be elected for the term OF
one year, and three for the term OF Two
years. and annually thereafter three mem ~
hers of the executive committee shah pe
farn n 49,.
or until their successors have been duly
elected and qualified. Ar
In the event Of vacancy among the
officers or members Of the executive com
mittee. the exchange shall elect success
sor for the unexpired term OF the positioh
vacated"
ARTICLE yII-"An Of the corporate
powers of this corporation shall be vested
in and exercised by the members OF tne
exchange, who for that purpose snall noIu
meetings at such times and after such no.
tice as may be prescribed In the bylaws
of this corporation.
The executive committee shall be vested
with full power to conduct the business OF
this corporation and exercise all corporate
powers in the interim between meetings Of
the exchange"
ARTICLE yIII-"Individuals, firms and
corporations may become members in this
exchange, but no individual, firm or cor
poration shall be entitled to more than one
membership. And no individual shall be-
come a member who is an executive officer
of a corporation that is member, or VINO
is a member of a partnership that is a
member. At all meetings of the exchange,
each member shall be entitled to one vote.
to be cast in person, and no member snail
be entitled to be represented by proxy ex-
cept as hereinafter provided.
Any officer of a corporation or partner
In a firm which Is a member. may repre-.
sent said member at any regular or special
meeting of the exchange, but only one
cNf ~ Or mariner
a firm shall be eligible to hold office. Any
active member whether an Individual, hrm
or corporation may be represented at any
regular or special meeting by the manager
Of their FIRE department; provided said
manager is duly authorized to counterslgn
policies; but said manager shall not bt
eligible to hold office. No associate mem
Der shall be permitted to represent al
active member at any meeting.
And in accordance with said resolution
hereto annexed. the said appearers, acting
in their aforesaid capacities, do hereb!
make public record Of the said amend
ments and do hereby adopt Article Six, Ar
ticle Seven and Article Eight, above writ
ten. as a part of and In lieu and place o
Articles Q. and OF the original act o
Incorporation of said corporation, passes
before John c. Davey, notary public, oil
August 10th, 1915
Thus done and signed at my notaria
Office, Ramsey Building, corner Carondele
and Perdido streets, this city. on the day
month and year herein first above written
in the presence of, John C. Hollingswortl
and John o. Streck, two competent wit
nesses, who hereunto sign their names wit
the said appearers, and me, notary, afte
due reading Of the whole.
J. II. Bodenheimer, L. r. Braud.
Witnesses: John c. Hollingsworth, job
JOHN WAGNER,
Notary Public.
I. the undersigned Recorder Of Mort
cages. in and for the Parish Of Orleans
State Of Louisiana. do hereby certify this
the above and foregoing Act Of Amendmen
to the Act Of Incorporation Of New Or
leans Insurance Exchange, was this da
duly recorded In my office In Book l25,
folio 100. New Orleans, La, July Is, 1872
ROBERT SCOTT,
by. Recorder Of Mortgages.
j, John Wagner, notary public, do hereb
certify that the above and foregoing is
true copy Of the original on file In my NJ
tartal records.
JNo. WAGNER,
lSeaD Notary Public.
( Orleans La, July 18th, 1921.
N-Aug. Is
NDMENT TO CHARTER OF I'M