The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-21
CHARTER OF THE
ROSS INSURANCE. AGENCY, INC.

CHARTER OF THE
ROSS INSURANCE AGENCY, INC.
State of Louisiana, PariA Of Orleans;
Be IL known that on this l4N day OF May,
in the year of our Lord, nineteen nun
dred and twenty one. ana OF the lhue
peudence of the United States or America,
the one hundred and forty NTH: BeIore
me, Warren V. Miller, Notary PUBIC,
duiy commissioned and quahfled IN anu
for the Parish of Orleans, and therein
residing, and in the presence or the W.T.,
nesses hereinafter named and undersigned
personally came and appeared the se'eral
persons whose names are hereinafter SUD
scribed. all being of full age, who de-
clared to me, Notary, that awaiting them
selves of the Laws Of the State of Louis
lana relative to the organization OF cor
porations, they do by these presents con,
tract, agree, covenant, stipulate ana Dihu
and form themselves, as well as such otner
persons who may hereafter become as
ISOLATED with them, into corporation
and body polite in law, for the objects
and purposes and under the stipulatlons
hereinafter setforth, all of when they
accept as their charter, tO-wit:
ARTICLE 1.-The name and title OF tins
corporation is declared to be ROSS IN
SURANCE AGENCY, INC, and under
such title it shall have and enjoy success
sion and existence for period OF nfty
wears from date hereof; the domicile OF
this corporation shall be in the City OF
New Orleans, State of Louisiana, where
all citations and legal processes shall pc
served upon the President, or in his aD-
sence upon the Nice-President or Secre-
tary, in the order namd.
ARTICLE 18th capital stock OF TINS
corporation is hereby liked AT the sum
of Ten Thousand Dollars $lO,OooOO), all
of which shall be divided into ana repre- re
par value of Fifty Dollars ($5OOOl zach.
Stock may be paid for in money, In ser
vices rendered to the corporation, or III
property and good will regularly trans
ferred to the corporation, all as snail De
determined by the Board of Directors.
ARTICLE III.-The objects and pur-
noses of this corporation and Tor whlch
il is organized, are declared to be, 10 carry
on a general insurance business as Agent,
Broker or General Agent for Insurance
Companies doing a Life, Fire, Accident
Health, Marine Compensation and LlaDll-
ity or other form of insurance authorized
to be carried on. now or hereafter Dy the
state of Louisiana. This corporation shall
have the power to do general business
under the different forms outlined ABOVE
in other States of the United states OF
America or its foreign possessions. IL
shall have the power to purchase reai
personal or mixed property, to hold ana
sell same at its convenience and TO DC
any and all things needful or necessary
connected with, incidental to, or germant
| to the objects and purposes set forth Oh
/
| ARTICLE IV-The corporate powers OF
| this corporation are expressed and SCI
| forth by Section Seven OF Act 26I OF the
| Louisiana Legislature of 1914, and all cor
porate powers shall be duly employed DS
and vested in Board of Three Directors
a majority of whom shall constitute
| quorum for the transaction of all bust
ness. The First Board OF Directors shal
consist of and be James A. Ross, 72
| Gravier Street New Orleans, La; VIM. ID
Hunt, I2S Gravier Street, New Orleans
La and Harry Sellers, 40 Canal-Commer
| cial Bank Building. New Orleans, La,
/ and from such Board there shall be elected
three officers, namely, a President, Vice
President and a Secretary Treasurer ant
James A. Ross shall be President. VIM
ID. Hunt shall be Vice-Presldent and Har
ry Sellers shall be Secretary Treasurer
| and the said Board and Officers shall
in January, 1922, or until their successor
are elected and qualified. Meeting of thu
| stock holders for election Of Dtrector:
shall be held yearly, on the third Wed
year 1922; the Board Of Directors shal
have the right to elect without reference
to stockholders meeting, any stock
holder to be a Director, whenever va
cancy shall exist on the Board OF Dlrec
tors through death or resignation. Tn
duties of the several officers shall be sc
forth in the bylaws Of the corporation
which may be adopted by the Board o
Directors and amended or altered at tnef
will.
| ARTICLE v.-Before any stockholde
shall sell or dispose Of his stock in tn
lcorporation, he shall give thirty days writ
ten notice of his intention to do so to IN
corporation, during which thirty days tn
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 an.
debt of the corporation other than tn
III. rhan Rtntt
stock, and no informality herein shall
subject them to such liability. 49,,
ARTICLE VII.--Amendments 10 TIL
charter and liquidation Of the corporation
shall be subject to the rules laid dow
in Act 267 Of the Louisiana Legislator
of 1914 ,The Capital Stock of this cor
lporation may be Increased by amendmen
of this charter, to any sum not exceedin'
Fifty Thousand Dollars ($50,OOO.OC).
Thus done and signed on the day ant
date first hereinabove written, In my NO
tarial Office in the City of New Orleans
in the presence of Prentice E. Burlington
Jr, and l.. X. Hoover, competent Wit
nesses, and me, Notary. after due read
opposite their names the amount the
subscribe for. making this an origina
subscription list.
(SIGNED)
James A. Ross, 72s Gravier Street, Ney
Orleans, La, 1913 shares, w ID. Hunt. "
Gravier Street, New Orleans La, shar
Harry Sellers, 49, Canal Commercia
, Building. New Orleans. La. share.
WITNESSES
, (Signed) PRENTICE H. EDR1NGTON.Jf
II l. X. HOOVER.
(Signed) WARREN v MILLER, =.
Notary Publ
I, the undersigned Recorder Of Mort
cages i'm and for the Parish Of Orlean.
State of Louisiana, do hereby certify ths
, the above and foregoing Act Of 1ncorpol
, alton of the Ross Insurance Agency, Inc
was this day duly recorded In my offic
, In Book 1853. Folio $50. New Orlean
may (Signed) RoBT SCOTT.
by. r.
: A true copy Of the original on file
my ~ WARREN v. MILLER,
ii Notary Publ
IL June 16-July Fl.
CHARTER OF THE