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Create new legal entity in ax 2012 through code

I came across a scenario to create new legal entity in ax2012 through code, and wrote down following job to create legal entities.

static void createLegalEntities(Args _args)
{
    CompanyInfo                         legalEntity;
    DirPartyPostalAddressView           partyPostalAddressView;
    int                                 coCount;
    int                                 gap;
    int                                 incrementOne = 1;

    for (coCount = 0; coCount <100; coCount++)
    {
        legalEntity.clear();
        partyPostalAddressView.clear();

        ttsBegin;

        legalEntity.Name = "X"+int2str(coCount);
        legalEntity.DataArea = "X"+int2str(coCount);
        legalEntity.insert();

        partyPostalAddressView.Party = legalEntity.RecId;
        partyPostalAddressView.CountryRegionId  = "USA";
        partyPostalAddressView.LocationName = "Office";
        DirPartyLocationEntity::createAddressForParty(partyPostalAddressView,conNull());

        ttsCommit;

        info ("legal entity: "+"X"+int2str(coCount)+" created");

    }
}

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