The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-20
CHARTER OF INDUSTRIAL ADJUST
NENT BUREAU. INC.

limited States of America State OF Louis
lana. Parish of Orleans, City OF Rev UT Ut
leans, Be it known that on TINS ~. bun v ear
Of our Lord nineteen hundred ana twenty
one before me Warren V. Miller, uuI5
commissioned, qualified and acting NOTARY
nubIic in and for the Parish or orleans,
State Of louisiana, and in the presence OF
the hereinafter named and unuerhsneu
witnesses, personally came ana appeaIeu
the several persons whose names are heIe !.
INTO subscribed and severally declared lna'
Awaiting themselves and those they repre-
sent as well as those who may nereallei
| become associated with them, OF the sen ot,
| raj laws OF the State of Louisiana, III eucI y
| cases made and provided, they have formed
| and orpanized, and by these presents form
| Thorn selves as well as those they represent
| and such others as may hereafter DecV oin,,
| associated with them, into corpolat a',i a
| ana hody politic in law, for the oDJects anu
| nnrnoses in the following articles set Iortn
| and expressed, which they adopt as 'hei
| charter.
| ARTICLE 1.-The name and title OF thls
| corporation is and shall be lndustrlai
| Adjustment Bureau, lnc, anu II 81
| exist and enjoy succession ey Its fo01 20 r.
| name for a period of ninety nine l9'J yeals
| from the date hereof, with all the [lsH s,n,
| privileges and powers now or helva aro
| conferred by law upon traulng S;t,
tions. Its domieile shall De IN md md leqa
| services shall be made upon the presluen at
ga IN the event of his inability to act
etc. upon the vice-president or treasurer
in the order named.
ARTICLE 1.-THE capital stock of THU
| cornoration is hereby fixed at the sum o
! twenty thousand dollars (S20OOO.O0) an .
| which shall be divided into ana rePre
septed by eight hundred (SOOl sha re 90 NJ
the par value of twenty-five aohIars oney I,
each Stock may be paid for In money !,
| services rendered the corporation. OF
nronerty regularly transferred TO the COT
poration, ali as shall be determined py III
board of directors
ARTICLE III-The objects ana purP!oss;
of this corporation and for which II !!
orgsnized. are hereby declared TO De,
nnrcbase the entire business, assets, nam !.
md GOOD will of the Industrial ADJUST
ment Bureau, Delaware Corporai;iUm, u"
thereafter to conduct said business
nurchased as the property OF TINS corpora
! lion: to operate and maintain a g enea
Collection and claim adjustment vune as;
to operate and maintain ee to buy. sell
bvnothecate, lend on, or otherwise na aht
| mortgages claims, notes, actlons, 49, -,
~ actions and assets Of all natures WIZ
sover, as well as to pny anu any sch hrsinesse.
commodities, articles or things Wni :
. cornoration may acquire as coialeian
| said notes. mortgages, ACTIONS VI lls ,in
, ~ actions or obtained in conJuhcuo
therewith or through foreclosure thereo
or towards adjustment thereon; ana !
General to do any and all acts pertalniin
or germane to the above and Ioresoin
purposes.
ARTICLE IV-The corporate po"e;
! .,is cornoration shall be vested IN
hoard Of directors, a majority of whoi
. shall constitute a quorum for tne tran
action Of business. The first t G boa num sIs
consist Of seven mem tbersaf n be change
TO any number not less than three, nc
: ,nora than fifteen. by resolution OF a M
Z iority of the stockholders OF record, 10
! resolution passed at any meeting eane
/ for that purpose.
rror, the said board Of directors sha
be chosen three officers, namely, pres
dent. a vice president and secretary ana
: treasurer.
! Ths first board Of directors and officeI
! | Of this corporation shall be elected u u