The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-22
CHARTER OF INDUSTRIAL ADJUST
MENT BUREAU, INC.

United States of America, State OF Louis
lana, Parish of Orleans. City OF New or-
leans BE IL known that on TINS yth va!
of the month of September, IN the year
Of our Lord, nineteen hundred and twenty
ona hafore me Warren V. Miller, duly
! commissioned, qualified and acting notary
public in and for the Parish OF oIeahs,,
! State of Louisiana, and in the presence VI
| the hereinafter named and unuerhsheu
| witnesses personally came and appeared
| the several persons whose names are mere
( unto subscribed and severally declareu mo-
| ayailing themselves and those thes rP.e
| sent as well as those who may hereafter
| hecome associated with them. OF the gene
| raj laws Of the State OF Loulslahd, IN SUI
| cases made and provided they nave lorhieu
and organized, and by these presents ioIn
| themselves as well as those they represent
| and such others as may hereafter become
| associated with them, into a corporation
| and body polite in law, for the obJects anu
purposes In the following arueles Sc. ,Vi nIr
| and expressed, which they adopt as their
charter.
,pTICIE THE name and title Of this
| cornoration is and shall be Industrial
| Adjustment Bureau, me-, and II shall
exist and enjoy succession by It's co[poI ~ -
name for a period of ninety nine Ss') ytaa
from the date hereof. with all the rlgnts,
privileges and powers now or hereaiter
conferred by law upon trading corpora
tions. Its domicile shall be In the o.y
of New Orleans and all citations anu aka iest
|
and in the event of his inability 10 act
etc, upon the vice-president or treasurer
In the order named
ARTICLE 1.-THE capital stock OF I'M,
corporation Is hereby fixed az tne sum y,
twenty thousand dollars ($20ooo.U' al %
which shall be divided into ana repre
sented by eight hundred tsOol shares 90 %,
the par value of twenty-five dollars lsZoVv
each Stock may be paid for In money a.
services rendered the corporation; OF coz =,
I frn OF a
poration, ali as shall be determined by 'h'
board of directors.
ARTICLE III-The objects and purposes
~ This CORPORATION and for which II u
, organized, are hereby declared 10 oe, y
: purchase the entire business. assets, nan
. and good VIII OF the ah Sornnration' an,
, ,harc.ftar TO conduct said business =
: nnrchased as the property OF this corpora
. ton: to operate and MAINTAIN s
{ Collection and claim adjustment bureau
/, to operate and maintain a general creui
, rating and reporting bureau 10 pu!' al ~
hypothecate, lend on. or otherwise na inht
mortgages, claims, notes, actions, -,
/ 81 actions and assets Of all natures wha'
sever as well as to buy and sell ana MS
: no operate and maintain any Dusihsssr ~
| Commodities articles or things when IN
= corporation may acquire as coi ight
D said notes. mortgages, actions or rien.
:, ~ actions or obtained In con1uhcuo
: Herewith or through foreclosure tnereo
/ | or towards adjustment Thereon, anu
,ansraI no do any and all acts pertainin
or germane to the above and foregoin
] purposes.
= ARTICLE Iv-The corporate powers
= this corporation shall be vested In
:. hoard of directors, a majority OF whoi
: sbsu CONSTITUTES quorum for the tram
y action of business The first board sha
n consist Of seven members. and the numbt
4 Of said board may thereafter be chahge
II to any number not less than three, u.
e mora than fifteen. by resolution OF a MI
d iority of the stockholders Of record. ~, .
resolution passed at any meeting cane
for that purpose.
Is From the said board Of directors sna
l. he chosen three officers. namely, a pres
n dent. a vice-president and secretary, ana
n treasurer.