The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-14
CHARTER.
CHARTER OF THE
ROSS INSURANCE AGENCY, INC.

CHARTER OF THE
ROSS INSURANCE AGENCY, INC.
Be il known that on this 14th day of May,
in the year of our Lord, nineteen nun
dred and twenty one, and OF the lhde-
pendence of the United States of America,
the one hundred and forty hfth: Betore
me, Warren V. Miller, Notary Pubhc,
duly commissioned and qualified In ana
for the Parish of Orleans, ana therein
residing, and in the presence OF the VIII
pesSes hereinafter named and undersigned
personally came and appeared the several
persons whose names are hereinafter SUB
scribed all being of full age, VINO de-
clared to me, Notary, that availing 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 and Dlnd
and form themselves, as well as such other
persons who may hereafter become as
ISOLATED with them, into corporation
and body polite in law, for the objects
and purposes and under the supulatlonS
hereinafter set-fOrth, all of which they
accept as their charter, to-wit:
ARTICLE 1.-The name and title of this
corporation is declared to be ROSS IN
SURANCE AGENCY, INC, and under
such title it shall have and enjoy success
sion and existence for a period OF nfty
years from date hereof; the domicile OF
this corporation shall be in the city oil
New Orleans, State of Louisiana, where
all citations and legal processes shall be
served upon the President, or in his alb
sence upon the Vice President or Secre-
tary, i'll the order namd.
ARTICLE 18th capital stock of this
CORPORATION is hereby fixed at the sum
of Ten Thousand Dollars SlO,OooOO)' all
of which shall be divided into ana repre-
spnted by Two Hundred Shares of the
par value of Fifty Dollars (SJOVOl each.
Stock may be paid for in money, IN ser
vices rendered to the corporation, or IN
property and good will regularly trans
ferred to the corporation, all as shall De
determined by the Board of Directors.
ARTICLE IU.-Tne objects and pur-
noses of this corporation and Tor winch
il is organized, are declared to be, TO carry
on general insurance business as Agent,
Broker or General Agent for Insurance
Comnanies doing a Life, Fire, Accident
Health. Marine Compensation ana Liabil'
ity or other form of insurance authorlleu
to be carried on, now or hereafter ny tIS
State of Louisiana. This corporation snail
have the power to do a 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 real,
| personal or mixed property, TO hold ana
sell same at its convenience and to DO
any and all things needful or necessary
connected with, incidental to, or germane
! to the objects and purposes set forth or
contemplated by this charter.
| ARTICLE IV.-The corporate powers OF
| this corporation are expressed and SET
| forth by Section Seven OF Act 26' OF the
| Louisiana Legislature of 1914, and all cor
porate powers shall be duly employed by
and vested in a Board of Three Directors
majority of whom shall constitute a
quorum for the transaction of all busl,
| ness The First Board of Directors shall
| consist of and be James A. Ross, 12s
| Gravier Street, New Orleans, La; VIM. ID
| Hunt, 72S Gravier Street, New orleans
| La, and Harry Sellers, 40 Canal-Commer'
| ciaI Bank Building, New Orleans, La
and from such Board there shall be elected
| three officers. namely, President, vice
| President and Secretary Treasurer and
| James A. Ross shall be President, WIN
| D. Hunt shall be Vice-PresIdent and Har'
nv Sellers shall be Secretary Treasurer
and the said Board and Officers shall
serve as such until the third Wednesday
in January, 1922, or until their successors
| are elected and qualified. Meeting OF th'
| stock holders for election of DIRECTORS
shall be held yearly, on the third Wed
| nesday in January, beginning with thu
year 1922; the Board of Directors shall
have the right to elect without reference
to stockholders meeting, any stock
holder to be a Director, whenever a va
cancy shall exist on the Board of Direc
tors through death or resignation. TIL
duties of the several officers shall be sc
4
which may. be adopted by the Board o
Directors and amended or altered at thei
viii.
ARTICLE v.-Before any stockholde
shall sell or dispose of his stock in tn
corporation, 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
stock, and no informality herein shall
subject them to such liability.
| ARTICLE VII.--Amendments 10 thi
charter and liquidation of the corporation
shall be subject to the rules laid dow
in Act 267 of the Louisiana Legislator
poratiOn may be increased by amendmen
, of this charter to any sum not exceeding
Fifty Thousand Dollars ($50.O00O0).
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 T.. Burlington
Jr., and l.. r. Hoover, competent wit
nesses, and me, Notary, after a due read
ing Of the whole; the subscribers setting
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 ID. Hunt, ~
Gravier Street, New Orleans La, shar
Harry Sellers, 400 Canal Commercial
Building, New Orleans. La 1 share.
| WITNESSES.
(Signed) PRENTICE II. EDRINGrON.JR
L r. HOOVER.
(Signed) WARREN V MILLER,
Notary Publ
I, the undersigned Recorder Of Mort
cages in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the above and foregoing Act of IncOrpor
alton of the Ross Insurance Agency, Inc
was this day duly recorded in my offic
in Book 1858, Folio $40. New Orleans
May 10th, 1921.
by. Re
A true copy OF the original on file II
my office
WARREN V. MILLER,
Notary Publ
| June 16-July q.
CHARTER OF THE
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