The herald., 1921-06-30
CHARTER.
CHARTER OF THE
ROSS INSURANCE AGENCY, INC.

State of Louisiana Parish of Orleans;
| Re il known that on this 18th day of May,
| in the year of our Lord, nineteen nun
| dred and twenty-One, and OF the niue
| pendence of the United States Oh America f
the one hundred and forty-fifth: beIore
me- Warren V. Miller, Notary fuDhc;
duly commissioned and qualified In and
| for the Parish of Orleans, ana thefeih
residing and in the presence OF the VIII,
| nesses hereinafter named and undersigned
| personally came and appeared the several
| persons whose names are hereinafter SUP
! scribed. all being of full age. VINO ue-
clared to me, Notary, that awaiting them
selves of the Laws of the state OF LOUIS
lana relative - the organization of cor
porations they do by these presents con-
tract. agree covenant, stipulate ana bind
and form themselves, as well as such other
persons who may hereafter become as
sociated with them, into a corporation
and body polite in law, for the objects
and purposes and under the stipulations
hereinafter set-forth, all of which they
accept as their charter. to-wH:
ARTICLE 1.-The name and title Of this
corporation is declared to be ROSS IN
SURANCE AGENCY, INC, ana unuer
such title it shall have and enjoy success
sion and existence for period OF flfty
years 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 shau De
served upon the President, or In MS an
sence upon the Vice-President or Secre-
tary, in the order named.
ARTICLE 1.-THE capital stock Of this
corporation is hereby fixed at the sum
of Ten Thousand Dollars (S10,UOOO), All
of which shall be divided into and repre-
scented by Two Hundred Shares of the
par value of Fifty Dollars (SJO.OOl each
Stock may be paid for in money, in ser
vices rendered to the corporation or III
property and goodwill regularly trans
ferred to the corporation, all as shall be
determined by the Board of Directors.
ARTICLE III.-The objects ana pur'
poses of this corporation and for which
il as organized, are declared to be, to carry
on a general insurance business as Agent
Broker or General Agent for Insurance
Companies doing a Life, Fire, Accident
Health Marine Compensation and Llab1l,
ity or other form of insurance authorized
to be carried on. now or hereafter, by the
State of Louisiana. This corporation shall
have the power to do a general business
under the different forms outlined above
in other States of the United states O.
America or its foreign possessions. Il
shall have the power to purchase real
personal or mixed property, to hold anC
sell same at it's convenience and to d.
any and all things needful or necessary
connected with, Incidental to, or german'
to the objects and purposes set forth Of
contemplated by this charter.
ARTICLE Iv.-The corporate powers O
this corporation are expressed and sc
forth by Section Seven of Act 267 of tn
Louisiana Legislature of 1914, and all cor
porate powers shall be duly employed b!
and vested in q Board of Three Directors
, majority of whom shall constitute
quorum for the transaction of all bust
ness. The First Board of Directors shall
consist of and be James A. Ross. Y
Gravier Street, New Orleans, La, VIM. ID
Hunt, 72S Gravier Street, New Orleans
: La, and Ha ry Sellers, 800 Canal CONNER
cial Bank Building, New orleans, La
and from such Board there shall be electe,
. three officers, namely President, Vice
, President and a Secretary Treasurer an,
= James A. Ross shall be President, Win
: ID. Hunt shall be Vice-President and Har
. ry Sellers shall be Secretary Treasurer
: and the said Board and Officers shall
!, serve as such until the third Wednesda!
in January 1922, or until their successor
are elected and qualified. Meeting Of th
stockholders for erection of Director
shall be held yearly, on the third Wed
= nesday in January, beginning with tn
year 1922; the Board of Directors shall
2 have the right to elect without referenc
to stockholders meeting, any stock
holder to be a Director, whenever va
!, cancy shall exist on the Board of DireC
= tors through death or resignation. Tn
duties of the several officers shall be Sc
D forth in the bylaws of the corporation
which may be adopted by the Board o
Directors and amended or altered at thei
l. WILL
q ARTICLE v.-Before any stockholde
;. shall sell or dispose of his stock in tn
. corporation, he shall give thirty days writ
I ten notice of his intention to do SO to III
o corporation, during which thirty days tn
corporation itself shall have the right O
purchasing the stock at its book valu,
O ARTICLE VINO stock holder of thi
corporation shall ever be liable for an
debt of the corporation other than tn
e unpaid portion of their subscription
stock, and no informality herein sha
: subject them to such liability.
l. ARTICLE VII.--Amendments TO thi
:, charter and liquidation of the corporation
u shall be subject to the rules laid dow
in Act 267 Of the Louisiana Lesislatur
of 1914. The Capital Stock of this cor
poration may be increased by amendTnen
of this charter, to any sum not exceedinj
Fifty Thousand Dollars $50 0O0OO)
Thus done and signed on the day an,
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. r. Hoover, competent wit
nesses. and me, Notary, after a due read
ing OF the whole; the subscribers settin.
opposite their names the amount the!
subscribe for. making this an origina
subscription list.
(SIGNED)
James A. Ross, 72s Gravier Street. New
Orleans, La, 1913 shares W d. Hunt 72s
Gravier Street, New Orleans La, 1 share
Harry Sellers, 40 Canal Commercial
Building. New Orleans, La, / share.
WITNESSES.
tSigned) PRENTICE T.. EDRINGrON.JR
| 4. HOnVER