The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-10
CHARTER.
TO CHARTER SIN.
CLAIR AGENCY. INCORPORATED.

United States or America, State OF
Louisiana. Parish of Orleans. City of
New Orleans. Be ii known that on the
18th day of the. month of July, in the
year one thousand, nine hundred and
twenty-five and of the Independence of
the United States. the one hundred
Fletchinger. a notary public, duly COM
missioned and qualified in and for the
Parish of Orleans, State of Louisiana,
and therein residing, and in the presence
OF the witnesses hereinafter named and
Undersigned. personally came and APP
peared Mr.. Frederick w. Sinclair presi-
dent of the Sinclair Agency, Incor-
porated. and Mr.. Temple boswell.
ton organized under the laws of the
state of Louisiana, by act before
Charles c.. Gill. notary public, on
March l6. 1910. recorded in Mortgage
office Book 9S4, folio 220, March 20.
1910, as amended by act before w. F.
Brewer, notary public. on June 26, 1912.
recorded In Mortgage office Book 1855.
folio 26S, June 20. 1912. as amended by
public. on June IL. 1917. recorded in
Mortgage office Book 1912. folio So,
June IL. 1917. said corporatio nbeing
domiciled in the City of New Orleans.
and vote adopted and voted at a special
meeting of the stockholders of the Sim
clalr Agency, incorporated held at the
office OF the company in the CarOnde-
Gravier Streets, New Orleans, Lolls-
lana, on the 18th day of july, 1922 held
by consent of all of the stockholders of
said corporation and upon waiver of no
tce or time and place of said meeting,
signed by all stockholders, ut which
meeting all stockholders or record was
present in person, il was voted unani-
mously to amend and re-enact Articles
-Four. Five. Six and Seven of the COM
panys charter in the words and figures
hereinafter set out all of which ap-
pears from certified copy of the min
utes of said meeting. hereto annexed
and made part thereof.
Appearers further declared that they
were authorized and directed at said
meeting to appear before a notary and
to execute the proper notarial act and
CURED by law, for the purpose of af-
fording authentic reference apd perma-
nent record.
Said appearers further declared that
Articles Four. Five, Six and Seven of
the charter of this company were by
unanimous vote of all of the stock
holders. amended and re-enacted to
read as follows:
ARTICLE " The capital stock
of this corporation is hereby fixed at
the sum of one hundred thousand
Nl00.0O0.00) dollars, divided into and
represented by one thousand shares of
the par value of one hundred 100000
dollars. all of which shall be common
stock. which capital stock may be in
creased to one hundred and fifty thous-
and G150.00000) dollars. Ali stock
shall be issued for cash or its equiva-
lent, including good will, as authorized
by law. or may be issued at not less
than par in payment for property actu-
ally purchased or for services actually
rendered the corporation or the same
may be issued full paid for money ad-
Vanced or Tor such other valuable con-
sideratlon or services. as the board of
directors may determine. All capital
stock not already issued shall be so
issued at such time or times and upon
such terms and conditions as the
BOARD OF directors shall determine sub
Ject to legal requirements. All stock
snail be full paid and worcestershire
and no transfer of stock shall be bind
ing upon the company, unless recorded
upon the company's books.
Frederick w. Sinclair. subscriber
TO the entire increase of the capital
stock under this amendment, namely
eighty-ve thousand tsS5.000.00) dol
lars. represented by eight hundred fifty
shares, has transferred. conveyed and
delivered to the corporation in full pay
ment and liquidation of such subscrip-
tion, all of his right. title and interest
eral Agency, Life and Accident includ-
ing agency contract, good will. orGani-
ration. earned commissions. as shown
in the statement filed herewith, giving
a detailed and itemized description, to.
gether with the value thereof, as ap-
praised by the directors of this corpora
ton.
ARTICLE V-The business and af-
fairs Of this corporation shall be man
aged and conducted by board of five
directors who shall all be stockholders |
and a majority of the directors of this |
present at any meeting in |
person or by proxy shall constitute a |
quorum and a majority vote of those
present in person or by proxy shall de-
eide all questions voted upon. Said d.
rectors shall be elected annually from
among the stockholders on the third
of January of each year. unless
he same be a legal holiday. when the
election shall be held on the next legal
lay thereafter. beginning on tn third
Monday in January. 1922, and after fif-
cen days prior written notice having
'een mailed to each stakeholder of re-
ord. to his last known address. The
Toting shall be by ballot and each
tockholder shall be entitled to cast one
ote for each share held by him, which
as been standing in his name on the ]
ooks Of the corporation for at least j
en- days prior to the date Of the elee- {