The herald., 1912-08-22
ARTICLE I.

The name ana tlLle Oh tue NOtpoio1AO
hereby formed is declared to be the Auto
mobile Maintenance Company: Its doml-
cile shall be in the city or New orleans,
State OF louisiana, and II shall nave anu
enjoy succession by its corporate name Tor
a period of ninety nine years from the date
This corporation shall have power and
authority to contract. sue and be sued IN
its corporate name; TO make aud use
corporate seal; to hold, receive, hire ana
purchase real and personal property ana
TO sell, mortgage or pledge the same, aho
to borrow money and issue Oonds, NOTES
and other obligations. -
All citations or other legal process shall
be served upon the president, and In the
event OF his absence, or Inability 10 act
from any cause. the same shall be served
on the secretary-treaSurer.
ARTICLE H.
The objects and purposes Tor whlch tnls
corporation is organized. and the nature
OF the business to be carried on by II are
hereby declalred TO be:
To operate automobile garages, to buy
and sell and otherwise acquire automobiles
and automobile supplies, TO repair and to
build automobiles and automobile trucks and
generally to do any and all business con-
nected Herewith or incident thereto
ARTICLE III.
The capital stock OF this corporation Is
hereby fixed at the sum OF twenty five thou,
sand dollars (S25,OO0,OO), divided into ana
represented by two thousand Ave hundred
81, 500 shares OF the par value OF ten dol
lars $4,000 each. ,
Said stock shall be paid for In cash, IT'S
equivalent or for services rendered as called
for by the board OF directors. This corpor-
alton shall commence business when three
thousand dollars $4,000 shall have been
subscribed No sale or transfer of stock
shall be valid and binding on this corpora
ton unless made on the books OF the COM
pany.
All corporate powers or this corporation
! shall be vested In and exercised by board
/ OF directors OF not less than three (3)
stockholders, two OF whom shall constitute
| a quorum for the transaction or all Dusl-
| ness The board OF directors shall be vested
with full power and authority to make all
| contracts, purchases and sales, and adopt
all bylaws, rules and regulations Tor gov
eminent OF the business OF the company,
and alter, amend and change the same at
| pleasure; appoint. hire and discharge al!
| officers, agents and employees. fix all sala-
| rieS and generally do and perform all Things
necessary for the transaction or the buSl,
| ness OF the company, provided that the said
board may delegate any OF Its powers ana
authority to any one Of the officers or the
| corporation.
| shall be filled by the remaining directors.
The directors shall be elected annually by
ballot by the stockholders on the first Mon
| first Monday OF July. 1914. and majority
| OF votes cast shall elect, and at all stock
holders meetings held for any purpose,
each share Of stock shall be entitled to one
| by the person in whose name same Is reg
istered on the books Of the company.
| Written notice OF stockholders meeting
/ shall be given TO each stakeholder by the
secretary at least ten days prior TO the
election. by mailing same to his last known
pOstoffce address.
The first board OF directors of this cor
pOration shall be Joseph l.. Bair, James +:
Strawbridge and Joseph Raynaud, with said
Joseph Raynaud as president, Joseph Il.
Bair, vice-president and James f. Straw
= Nrna q
and officers shall hold their offices until the
first Monday Of July. 1914, or until their
successors are elected and have qualified.
ARTICLE V.
should any stakeholder desire to sell his
stock. he shall first offer the same to the
stockholders OF this corporation through It's
board OF directors and any stakeholder shall
have the right TO purchase the same at It's
book value at the time OF the Offering. or
within seventy-two hours (72) thereafter
Should said stockholders or any one OF
! refuse to purchase the stock offered, such
stock may then be sold to any one desiring
to purchase same.
ARTICLE vi.
This act of Incorporation may be changed
altered or modified, or this corporation dis
solved, with the assent Of three-fourths OF
the stock present or represented at gen
eral meeting Of the stockholders convened
, for that purpose after thirty days prior no
, tice OF such meeting shall have been given
, by publication Of one Of the daily news
. papers puDllsned IN the lily OF New Vt
leans. Whenever this corporation is dis
solved, either by limitation of its charter
or from any cause, its affairs shall be liqui
! lated by three commissioners to be appoint
! ed from among the stockholders at meet
ing of the stockholders convened for that
! purpose after thirty days prior notice shall
. have been given by the secretary to eacf
stakeholder. Said commissioners shall re
! main In Office until the affairs Of said cor
poration shall have been fully liquidated II
. case Of death of any commissioner, the sur
vivors shall continue to act.
ARTICLE VII.
: No stakeholder OF this corporation shall
: ever be held liable or responsible for tn,
contracts or faults thereof In any furthel
; sum than the unpaid balance due to thu
: corporation on the shares owned by him
nor shall any mere informality In organiza
: ton have the effect OF rendering the char
J, ter null, nor of exposing a stakeholder t
{ any liability beyond the amount Of his stock
Thus done and passed in my office at tn
! city Of New Orleans, on the day, month ant
:, year, herein first above written. In the pres
l ence of Logs Charbonnet and Harry Nc
Gehee. competent witnesses, who hereunt
signed their names with the said appear
, crs and me, notary, after reading Of tn
y whole.
Signed: J. Raynaud, shares; ]. L. Bali
= 100 shares ]. f. Strawbridge shares.
!, Witnesses: Harry McGehee, Logs Char
q bonnet.
WI. r. KER, N. p.
I I, the undersigned recorder Of mortgage:
d in and for the parish Of Orleans, state o
Il Louisiana, do herebv certify that the abov
e and foregoing act Of Incorporation Of tn
" duly recorded in my Office In book 1855, Il
e Ito 251. New Orleans June 10, 1912.
y EMILE LEONARD, by. Clerk.
'e wM. R. KER, Mp.
E july IL IS IS aug Is ~