The herald. [volume] (New Orleans, La.) 1905-1953, 1922-03-30
CHARTER OF
PETER +. PESCUD, INC.

United States of America, State OF
Louisiana. Parish of Orleans. City OF
New Orleans. Be it known that on this
oath day of the month of March, In the
year of our Lord, one thousand nine hun
dred and twenty-five, and of the lnde-
pendence of the United States of Amer
lea, the one hundred and forty-slxth,
before me, HENRY p. DART, JR.,
Notary Public, duly commissioned ana
qualified, in and for this city and the
parish of Orleans therein residing. and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed
who declared that, availing themselves
of the provisions of the laws OF this
State relative to the formation OF corpor-
ations they have cOvenanted and agreed
and by these presents do covenant ana
bind themselves, as well as such other
persons as may hereafter become asso-
ciated with them, to form and constitute
a corporation and body polite in law.
under the stipulations and agreements
following, which they adopt as their
charter: -
this corporation shall be PETER f.
PESCUD, INCORPORATED, and under
| its said corporate name ii shall have full
| power and authority TO have ana ENJOY
existence and succession for period OF
| ninety mine years from and after the date
| make and use a corporate seal, and the
same to break and alter at pleasure; TO
hold. receive. lease. purchase and convey
as well as mortgage, pledge ana hypotn-
ecate property. both real and personal
| TO name and appoint such officers. direc-
| tors managers. agents. clerks and other
employees as the interest Of the corpor,
alton may require; and to make and
establish such bylaws and regulations
| for the proper management conduct ano
regulation of the affairs OF the corpor
alton that may be requisite and proper
and the same to change alter and amend
ARTICLE H. The domicile of thi;
corporation shall be in the City of New
orleans, Parish Of Orleans, State of Lou
isiana, and all citations and other lega
process shall be served upon the Presi
dent. or in his absence upon the vice
| President or Secretary.
| ARTICLE III. The objects and pur
poses for which this corporation is es
tablished are hereby declared to be: ~
carry on and conduct an insurance an'
agency business, as principal and a
agent: to act as agent, broker ant
solicitor in effecting fire. life, marine
accident and all other kinds OF insur
ance for any person. firm. association o
corporation; to act as agent ana proke
Of and for any and all local or foreigl
corporations engaged in the business o
underwriting and insuring. including
hereunder all the forms OF insurance
suretyship and compensation, whethe
of life. property or conduct. on land
water. at home and abroad; and gen
|, orally to do and perform all things con
nected with the insurance agency bus
ness. Including the adjustment OF ma
. rine. fire and other losses; to acquire
purchase. possess. hold and enjoy stock
and bonds of other corporations. an
real property. and the same TO sci
, pledge. hypothecate and mortgage 2
Measure; to acquire any insuranc
agency business that now exists or ma
hereafter exist: to do and perform, ef
| gage IN and carry on any business usefu
necessary or profitable to this eorpoi
; alton. incidental to or connected VIII
: the main purpose thereof.
ARTICLE ~. The capital stock
: this corporation is hereby fixed at tn
sum of Twenty-Five Thousand Dollar
{ (s25 OOOO0). divided into and Representa-
, nv two hundred and fifty shares OF stocl
! Of the par value of One Hundred Do
: lars (s1OO.O0) each. Said stock may
! issued full paid and worcestershire. 4
i, cash or property. real or personal or II
: services rendered. Any increase OF cal
8 ital stock hereafter made may be issue
. for cash or the acquisition Of propert
+ insurance agencies or businesses,