The herald., 1912-08-08
CHARTE Err
OF AUTOMOBILE MAINTENANCE
COMPANY

UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
BE Ii known, that on this l2th day OF
the month OF June, in the year of our Lord
one thousand nine hundred and twelve, ana
OF the Independence OF the United states
of America. the one hundred and thirty
NTH. before me, William X. Ker, notary
public, duly commissioned and qualined IN
| and for the Parish Of Orleans, state or
| Louisiana, and in the presence or the VII
| neSSes hereinafter named and undersigned,
! personally came and appeared the persons
whose names are hereunto subscribed. all
above the full age OF majority, who sever
| ally declared that, ayailing themselves OF
| Act IS OF 1904 as well as the General Laws
Of the State Of Louisiana relative 10 the
| organization OF corporations they hereby
form themselves into and constitute a cor
| pOration for the objects and purposes ana
| under the StipuiatiOns hereinafter set forth.
| ARTICLE |.
The name and title OF the corporation
| hereby formed is declared to be the Auto
mobile Maintenance Company. Its domi-
| cie shall be in the city of New Orleans,
State OF Louisiana, and it shall have and
enjoy succession by its corporate name for
! period of ninety-nine years from the date
hereof.
This corporation shall have power and
| authority to contract, sue and be sued IN
| its corporate name; to make and use
| corporate seal; to hold, receive, hire and
purchase real and personal property and
| to sell, mortgage or pledge the same, and
| to borrow money and issue bonds, 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 TO act
from any cause, The same shall be served
on the secretary-treasurer.
| ARTICLE III.
| The objects and purposes for which this
corporation Is organized, and the nature
| Of the business TO be carried on by 1t are
hereby declalreld 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 ali 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 1928 100000, divided into and
represented by two thousand five hundred
(2.5OOJ 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 Of this corpora ton
shall be vested In and exercised by a board
OF directors OF not less than three 90
stockholders, two Of whom shall constitute
quorum Tor the transaction OF 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 for gov
eminent of the business OF the company,
and alter, amend and change the same al
pleasure: appoint. hire and discharge all
officers, agents and employees, fix all sala-
ries. and generally do and perform all things
necessary for the transaction OF the bust
ness OF the company, provided that the said
board may delegate any of its powers and
authority to any one Of the officers of the
corporation.
Any vacancy occurring In the said board
shall be filled by the remaining directors
, The directors shall be elected annually by
ballot by the stockholders on the first Mon
day OF July in each year beginning on the
first Monday OF July. 1914, and a 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
} vote. either in person or by written proxy
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
] poStofce address
The first board of directors of this cor
poration shall be Joseph l.. Bair, James +
Strawbridge and Joseph Raynaud, with saiC
Joseph Rarnaud as president, Joseph L
Bair, )yice-president and James E. Straw
. bridge, secretary-treasurer. Said directors
and officers shall hold their offices until tn,
: first Monday Of July, 1914, or until thei
successors are elected and have qualified.
e ARTICLE V.
: Should any stakeholder desire to sell hi
i stock, he shall first offer the same to tn
D stockholders OF this corporation through it
board of directors and any stakeholder shall
have the right TO purchase the same at IL
! book value at the time of the offering, o
within seventy-two hours (72) thereafter
: Should said stockholders or any one o
$ them after seventy-two (72) hours fail o
: refuse to purchase the stock offered. sucl
q stock may then be sold to any one desiring
i to purchase same.
r ARTICLE vi.
L This act of Incorporation may be changed
: altered or modified, or this corporation dis
lsOlved, with the assent Of three-fOurths o
I the stock present or represented at a gen
e erai meeting of the stockholders convene
for that purpose after thirty days prior no
=. tice of such meeting shall have been give
d papers published in the City OF New Or
II leans. Whenever this corporation Is dis
Il solved, either by limitation of its charte
/ or from any cause, its affairs shall be liqui
: dated by three commissioners to be appoint
e ed from among the stockholders at a meet
t ing of the stockholders convened for tina
II purpose, after thirty days prior notice shal
e have been given by the secretary to eac
e stakeholder. Said commissioners shall re
e main in Office until the affairs OF said col
d poration shall have been fully liquidated. L
n case Of death of any commissioner, the SUI
e vivors shall continue to act.
r ARTICLE VII.
No stakeholder of this corporation sha
{ ever be held liable or responsible for tn