The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-21
CHARTER.
AMENDMENT TO NEW ORLEANS IN
suRANCE EXCHANGE.

SURANCE ENCHANOE.
UNITED STATES OF AMERIC ERIC
STATE OF LOUISIANA, CITY of NI ~
ORLEANS-Be it known, that on this nj
teenth day Of July, in the year one tnou
sand nine hundred and twenty one, DeioT,
me, John Wagner, notary pu1hc, ua .I
commissioned and sworn, IN anu Ior n 1lI'
Parish of Orleans and City OF NeW VI
leans therein residing, and in the pres.
ence of the witnesses hereinafter haineS
and undersigned, personally appeared j
IL Bodheimer, of age ana resiutht ~ y.
this city, and Linden +: braun, alsI y.
and secretary respectively, Of the Ne"
Orleans Insurance Exchange, cOrpoLa
tion organized under the laws OF th'
State of Louisiana by act before John =
Davey, Jr., notary public, on 4 na; Root
1915 recorded in Mortgage oIlce ooor
I157' folio 46l, which said appearers az
herein acting under and by virtue Oh tn'
authority vested in them by r esolutloI
passed at meeting OF the stoJhhoiI !. -
If this corporatiOn terminating jury 'th
1921 a COPY of which resolution ahu
minutes of said meeting is hereto az
tached and made part hereof anu WIN
said appearers declared that AT a speCla
meeting of the stockholders OF the Ne"
Orleans Insurance Exchange, held at the
domicile of said corporation IN the CIts
of New Orleans, terminating on tS ~
day of July, A. ID. 1921. at elght 0cloch
~ m which said meeting OF stOckhoIu-
ers had been specially called for that pur-
pose. according to law, after due written
and printed notices, the following amend
ments to the charter OF SAID corporatioI,
were adopted, as appears from certineu
copy of said minutes by vote OF the
stockholders of more than two-thlrds oil
all the stock in said company heretofore
issued and which resolution auopteG
provided that certain amendments shOulu
be made to the charter of the corpora
ton. and authorized and directed the
president and the secretary to appear be-
fore a duly qualified notary pubic 10 puI
said changes and amendments on record
in authentic form, a certlned copy eA'
tract from said minutes containing tht
said resolution. being hereto annexed ana
made part hereof: and the said appear
ers, In their respective capacities, DE,
clared that in conformity with the salu
resolution, and in furtherance or SAID IN
structions, Articles Six. Seven ana Elgh'
of the charter of the New Orleans Insur-
ance Exchange, executed before John Z
Davey, Jr., notary public, on August l9th
1915, duly recorded in Mortgage once
1857, folio 46l, be and the same are here
by amended so as to read as follows to
wit:
ARTICLE yI-"The officers and direc
tors of this corporation shall be and con-
sist of a president vice-president a secre-
tary, a treasurer, and an executive COM
mittee all of whom, except the secretary
(who may or may not be a member), shall
be active members of this exchange. They
meeting. or any adjournment thereof The
executive committee shall consist OF SIX
members, in addition to the yice-president
who, by virtue of his position, shall be
chairman of said committee. Said Officers
shall serve for the term of one year, or
until their successors have been duly
elected and qualified. At the next annual
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
bers of the executive committee shall be
elected to serve for the term of two years
or until their successors have been duly
elected and quali1ed.
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 position
ARTICLE vII-"All of the corporate
powers of this corporation shall be vested
in and exercised by the members of the
exchange, who for that purpose shall hold
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 vIuL'Tndividuals, firms ana
corporations may become members in this
exchange, but no individual, firm cor
membership. And no individual shall be-
come a member who is an executive officer
of a corporation that is member, or who
is member of a partnership that is q
member. At all meetings of the exchange,
each member shall be entitled to one vote.
to be cast In person, and no member shall
be entitled to be represented by proxy ex-
cept as hereinafter provided.
Any officer Of 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
officer of a corporation COR one partner In
firm shall be eligible to hold office. Any
active member, whether an individual, firm
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 countersign
policies: but said manager shall not be
eligible to hold office. No associate mem
Der shall be permitted to represent an
active member at any meeting.
And In accordance with said resolution
hereto annexed. the said appearers, acting
in their aforesaid capacitie4 do hereby
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 OF
Articles 9, and 8 of the original act oil
Incorporation of said corporation, passed
before John c. Davey, notary public, or
August 10Th. 1915.
Thus done and signed at my notaria
3 and Perdido streets, this city, on the day
month and year herein first above written
4 in the presence of John c. Holtngswortf
and John o. Streck, two competent wit
+ nesses. who hereunto sign their names with
the said appearers, and me, notary, aftel
due reading of the whole.
j. ii. Bodenheimer. l.. F. Braud.
Witnesses: John c. Hollinesworth, JohI
4 c. Streck.
( JOHN WAGNER.
Notary Public.
I, the undersigned Recorder of Mort
4 cages, in and for the Parish of Orleans
|, State Of Louisiana, do hereby certify tina
the above and foregoing Act of Amendment
I to the Act Of Incorporation of New Or
leans Insurance Exchange, was this da,
duly recorded in my Office in Book 1858
folio 1S9. New Orleans, La, July 15 1921
ROBERT SCOTT,
by. Recorder of Mortgages.
John wagner, notary public do hereb,
certify that the above and foregoing is :
true copy Of the original on file in my no.
tarial records. \
JNO. WAGNER,
- Notary Public.
/, ms, La, July 18th, 1921.
I3MUNT To CuapTrp M rxyn