The herald. [volume] (New Orleans, La.) 1905-1953, 1912-08-15
CHARTER
OF THURBER ROTARY STARTER COM
PANY.


OF THURBER ROTARY STARTER CON-
PANY.
UNITED STATES OF AMERICA. STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
BE IL known, that on this 18th day OF
July, in the year nineteen hundred and
twelve, before me- Robert L. O'COnnor,
notary public, duly commissioned and quail
fed, in and for the parish Of Orleans, state
Of Louisiana, and domiciled In said parish,
personally came and appeared the under
signed persons, all residents of the state of
and in the presence of the wit
nesses hereinafter named and undersigned,
seyerally declared, that availing themselves
Of the general and special laws of the state
OF Louisiana relative TO the formation of
they have formed and organ
lied, and by these presents do hereby form
and organize themselves and all the persons
who may hereafter become associated with
them into a corporate for the objects and
purposes hereinafter set forth, which they
hereby adopt as their charter, to-wit:
ARTICLE l.
The name and title of this corporation
shall be Thurber Rotary Starter Company,
and by that name it shall ENJOY succession
for a term OF ninety-nine years from date
hereof, unless sooner dissolved. 1t shall
have power to sue and be sued, to borrow
money, hold, purchase, lease, sell and n.y.
pOthecate real and personal property; to
make and use a corporate seal to name and
appoint directors, managers and agents, and
to establish such bylaws, rules and regula-
and affairs of said corporation as may be
necessary, the same to alter at pleasure (;
also TO make and issue bonds and other evil
dences Of debts and to secure same by mort
gage or otherwise.
ARTICLE II.
The dOmicile OF this corporation shall be
in the city OF New Orleans and all cita-
tions or other legal process shall be served
an hr lnWNf In 10 al.eAW flA
vice-president.
ARTICLE III.
The objects and purposes Of this corpor
alton shall be 10 manufacture, buy and sell
self-propelling vehicles OF all kinds and all
their parts and furnishings and attachments,
all contrivances for stopping and starting
them, all self-starters, pumps, valves and
all other tools, machinery, furniture and
fittings for them usually dealt In by estab-
lishments of that kind to manufacture, buy
and sell gasoline and all other power en-
glnes used for any purpose whatever; to ac-
Quire, manufacture, sell or lease all patent
ed devices of all kinds relating to automo-
bies and other vehicles OF that kind and to
all gasoline and all other power engines used
for any purpose whatever, or to grant TO
others the right to manufacture such arti-
cles for royalty to be paid this corpora
ton.
ARTICLE ".
The capital stock OF this corporation Is
fixed at two hundred thousand dollars, d.
one hundred dollars each payable In cash
or Its equivalent.
All the powers of this corporation shall
be vested In a board of directors composed
of FIVE stockholders, three of whom shall
constitute a quorum for the transaction of
business. They shall elect from their num-
Der a president, vice-president and a sec
retary-treasurer, but the board shall have
the right to divide the said offices and elect
secretary who need not be either a direc-
tor or a stakeholder.
The first board of directors shall be COM
posed OF Albert Aschaffenburg. F. L. Martin,
Edward J. Thurber. ]: w. Racklyeft and
Solomon Wolff, with Albert Aschaffenburg
as president, Edward ]. Thurber as vice
president and F. L. Martin as secretary
The board of directors and officers herein
named shall hold office until the first Mon
day in July, 1915, and until their successors
have been elected and qualified, and there
after the board Of directors shall be elected
annually on the first Monday in July. Any
failure to hold an annual meeting shall not
cause a forfeiture OF this charter or act OF
Incorporation, and any vacancy occurring in
the board of directors, from any cause, shall
be filled by the remaining directors
The board OF directors is especially au-
thoriZed to adopt such bylaws as 1t may
find necessary for the proper conduct of the
business of this corporation, and TO confer
so much of the corporate power vested In
said board by this charter as may be neces-
sary for the transaction of the business of
the corporation, upon, such officers. as it may
from time to time elect and appoint.
ARTICLE vi.
On the first Monday in July, 1915, and
annually thereafter, there shall be held a
meeting of stockholders to elect directors
for the ensuing years. which meeting shall
be called after thirty days notice. Said no.
tice TO be deposited in the mail, directed 10
each stakeholder at the address which he or
she may have given TO the secretary. AT
4 hall h AlAas nl
by ballot, and a majority of the votes cast
shall be necessary TO elect and each share
OF stock shall be entitled to one vote, and
the share holder shall vote in person or by
written proxy. All other meetings of the
stockholders or directors shall be called by
the president in the same manner except
that not more than ten days notice shall
be given stockholders and three days to di
rectorS.
ARTICLE VII.
No stakeholder shall be held liable fol
any contract or fault OF this corporation in
any further sum than the unpaid balance OF
his respective shares.
ARTICLE VIII.
This act of Incorporation may be modified
changed or amended, or said corporation
may be dissolved by a vote of three-fourths
ing held for that purpose after due notice
shall have been given by publication fol
thirty days in one of the newspapers pub
lished In New Orleans, and In case of disso
IuliOus Two COMMISSIONERS Sudl Nlnu VI
and settle the affairs of this corporation
and in the event of disagreement between
them, they shall select an umpire whose
decision shall be final.
At the termina ton of this act of incor
poration the business and affairs of thi:
corporation shall be likewise wound up anC
settled by two commissioners elected by the
stockholders at a meeting called for that
purpose, after thirty days notice as above.
Thus done, passed and signed in my nota
rial office, In the city of New Orleans, afore
said, on the day, month and year first above
written, in the presence of J. F. Pierson and
J. Lehman, competent witnesses, of Lawful
age, residing in this city, who sign these
presents, together with said appearers and
me, notary, after due reading of the whole
Original signed: Albert Aschaffenburg
Racklyeft, 459 shares, per E. ]. Thurber
Edw. J. Thurber, SCI shares; s. Wolff, 81
shares.
Attest: J. F. Pierson, ]. Lehman.
ROBERT f. O'CONNOR, Not. Pub.
i, the undersigned recorder of mortgages
in and for the parish Of Orleans, state Of
louisiana, do hereby certify that the aboy,
Thurber Rotary Starter Co. was this day
duly recorded in my Office. In book 1855
folio 1923. New Orleans, July IT, 1912.
lSigned) EMILE LEONARD, d. r
/, the undersigned notary public, certify
that the above Is a true and correct copy o.
the original act of Incorporation of tn,
Thurber Rotary Starter Co., and of the Ger
and of record In my notarial archives.
New Orleans, July %, 1912.
ROBERT f. O'CONNOR, Not. Pub.
july % aug Is % 20
CHARTER