The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-13
THE HERALD
CHART Err.

|
OF PREMIER MOTOR CAR COMPANY.
UNITED STATES OF AMERICA, STATE
LEANS, CITY OF NEW ORLEANS.
Be 1t known that on this seventh day
of the month of June, in the year Of our
Lord nineteen hundred and twelve, before
| me, Joseph KentOn Bailey, a notary public,
| duly commissioned and qualified in and for
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
severally declared that, availing themselves
| of the provisions OF the laws Of Louisiana
| relative to corporations, they have cove
| nanted and agreed and by these presents
| do covenant and agree and bind themselves
| as well as such other persons who may
| tute a corporation and body polite in law,
| for the objects and purposes and under the
| terms and conditions hereinafter set forth ::
ARTICLE l.
The name and title of the corporation
PREMIER MOTOR CAR COMPANY,
and under that name ii shall have and en-
| joy corporate existence for period of
ninety nine years from date hereof
1t shall have the right and power 10 con-
tract, sue and be sued, to hold, receive,
lease purchase, sell and convey, well as
mortgage and hypOthecate property, both
real and personal: to make and Use a cor
pOrate seal and the same 10 alter and break
at pleasure; to appoint and employ such
agents, managers and other employees as the
interest and convenience OF the corporation
may require and generally it shall have all
the rights and powers granted corporations
of this nature by the laws of this state.
The dOmOcile of the corporation shall be
in the City of New Orleans, State of Louis
lana, and all legal processes shall be served
upon the president or in his absence upon
the vice-president and in the absence Of
both upon the secretary.
ARTICLE III.
The objects and purposes for which the
corporation is organized and the business
to be carried on by 1t, are hereby declared
to be:
The buying and selling of automobiles Of
every description wen as automobile sup
plies and accessories; the handling of same
on commission or otherwise, and the rent
ing leasing and hiring of automobiles and
taxicabs: and generally to do an autOmo-
bile business in all its branches
ARTICLE III.
The capital stock of the corporation Is
hereby fixed at twenty-five thousand (S25,-
600. O0) dollars TO be divided into two hun
dred and fifty shares OF par value OF one
hundred dollars each, payable in cash or its
equivalent. when issued.
The corporation shall become going con-
Germ as soon as three thousand dollars OF
its capital stock shall have been subscribed
and paid for.
The capital stock Of the corporation may
be increased or decreased according to law.
ARTICLE ".
All the corporate powers OF the corpora
ton shall be vested in and exercised by a
board of three 90 directors, who shall be
elected from among its stockholders, at a
general meeting to be held annually on the
first Tuesday of July in each year, under
the supervision of two commissioners APP
pointed by the board.
majority Of the board shall constitute
a quorum for the transaction of business
ANY vacancies occurring in the board
no nnpXnirpd
the remaining directors.
At its first meeting after election the
board shall elect from among its own num-
Der a president, vice-president and a secre
tary-treasurer.
Until the first Tuesday Of July, 1913, and
until their successors are elected and quail
the first board of directors: Arthur ]. No
bles, Berner A Jackson and Albert Du-
rand, with the said Arthur ]. Mobiles as
president. Bernier A. Jackson as vice-presi-
dent and Albert Durand as secretary-treas
urer.
Notice Of all meetings, except such as are
otherwise provided for by law: shall be
given each stakeholder in writing mailed
ten days prior to such meetings and by
publication in newspaper published daily
In New Orleans.
Each share of stock shall be entitled to
one vote in person or by proxy. All cleo
tion of directors shall be by ballot
ARTICLE VI.
This act OF Incorporation may De
changed or amended or this corporation dis
solved in accordance with the laws of this
State In such case made and provided.
When dissolved by limitation or by vote
of the stockholders, the affairs of the cor
poratiOn shall be liquidated by two liquida-
tors elected from among the stockholders at
the meeting at which the dissolution Is
voted or at a general meeting called Tor
that purpose.
No stakeholder Of the corporation shall
ever be held liable or responsible for the
contract or faults OF the corporation in any
further sum than the unpaid balance due on
the shares owned by him; nor shall any
effect of rendering this charter null or of
exposing a stakeholder to any liability be-
yond the amount of his stock.
Thus done and passed before me In my
Office at the City of New Orleans on the
day, month and year first hereinebove
written in the presence of Edward Hare
and Miss Florence Flynn, competent wit
nesses, who have hereuntO signed together
with said appearers and me, notary, after
due reading of the whole.
(OriginaI signed) Edward Hare, Flor
ence Flynn, other parties.
J. KENYON BAILEY, Notary Public.
Il the undersigned recorder of mortgages
in and for the parish OF Orleans, state OF
louisiana do hereby certify that the above
and foregoing act OF Incorporation OF the
Premier Motor Car Company was this day
duly recorded in my Office In Book 1855,
EMILE LEONARD, n. r.
New Orleans, June 8, 1912.
A true copy.
]. KENYON BAILEY. Notary Public.