The herald., 1913-10-09

or Nv. +. FARMHOUSE AUTO COMPANY
United States II America, State OF bouisi.
ana, Parish q Orleans, city Of New Or
leans.
he (, known. that on this 27th day OF
August 1913, ana o. the .ndeendence Of the
United states OF America the one hundred
and thlrty-seyenth, before me. Charles +.
FletCuiuEtT, a notary public, duly comm -
stoned and qualified in and for the parish
OF Orleans, state OF Louisiana, and In the
presence Of tne witnesses hereinafter named
and undersigned, personally came and ap
Deared the several persons whose names are
HcTeuutO subscribed, who SeyeTaIiy declared
that. lyailiug themselves of the laws OF tht
state Of louisiana in such cases made anG
provided, they have COycnanted, and DO Oy
these presents covenant, agree and BIND
themselves to form and constitute cOrpOt
alton and body polite in law for the Oh
IeCts and purposes, and under the terms anc
conditions, following, tOw.t
Article This corporation shall be 6noWI
as the Nv. J.. Farmhouse Auto Company.
and rs such shall have continuous success
sion for ninety nine years, unless sooner us
solved; and shall have power 10 sue and
10 he sued: 10 acquire and hold by purchase
or otherwise property real ami PERSONA
movable, imWUyab.e aud mixed anu Iut
same TO sell, lease mortgage, pledge ny
pOthecate or otherwise dispose OF, IN any
and every manner whatsoever, 10 draw
make and endorse bills Of exchange aud pro.
missory notes, and 10 Issue bonds; 10 eleci
and appoint such officers, directors ana
agents AS the interests OF the corporation
shall rcu.ire. and TO make all necessary Oy'
laws. rules and regulations FOR The proper
management OF Its affairs and the same TO
alter. amend, or repeal al pleasure, aHl
generally 10 exercise all power, that are
conferred on corporations organized Tor u"
purposes hereinafter stated.
Article 1.-THE dOmicie OF this corpora
ton shall be In New Orleans, Parish Of Or
leans. State OF Louisiana: ana al citations
or other legal process shall be served %
the president OF this corporation or. IN tue
event Of his absence, on chc Yice-preSldent'
or, In the event Of his absence on the see
rotary, IN the order enumerated, and IN tLe
event OF the absence Of the respective ON
GERS, at the Office OF the company.
Article III.-The objects and purposes fJr
which this corporation Is organized, and
the nature OF the business 10 be carried on
and cor Quoted by II, are hereby declared 10
be as follows To manufacture, buy, sell
construct, erect, equip, maintain, repair
rent, trade, operate and store AUTOMOBILES,
and all kinds OF vehicles bicycles, or wafer
craft, q! every description and cudr&tt'f
whatsoever, propelled by steam, electricity,
gas gasoline compressed air, or any other
motive power; also to buy, sell, manITAc-
ture. trade and deal In engine machinery.
pumps, dynamOs and all accessories OF tAe
said automobiles bicycles, machines. FtLl-
Giles, or water-craft and to own, either by
purchase or otherwise, TO lease, rent, erect
construct maintain, and operate garages,
and buildings necessary or incident 10 the
business herein contemplated; and TO OuN'
sell, rent, or lease real estate in the coHF-"
OF the conduct OF said business. either In
connection with the said business or other |
wise; and generally to do all things proper
and legal that may relate or appertaln 10
the objects and purposes herein set forth;
Article lV.-The capital stock or THIS /
corporation Is hereby liked at twenty-five
thousand dollars (S25, 100000 70 be divided /
into and represented by two hundred and
fifty shares OF the par value OF one hundred
dollars (S1000O) each, to be paid at such
times and In such manner as the board OF
mo nrnnAr
be payable In cash, property, or services rem |
dered. Certificates OF stock shall be signed
by the president and secretary, and this cor
pora ton shall become a going concern when |
three thousand dollars (S3,00000) OF It's
capital stock has been subscribed for.
No transfer Of stock shall be binding upon
the corporation, unless said transfer has
been made upon the books OF the corpora
ton; nor shall any stakeholder pledge or
hypothecate his stock without first obtaining
the permission Of the board of directors
nor shall any stakeholder be permitted to
sell his stock without first offering 1t to
the corporation for sale at its book value,
such offer TO be made In writing addressed
to the board of directors, and the corpora
tion TO have ten 10) days in which to &C.
cept or reject such offer. In case OF con-
trOversy, the board of directors shall deter
mine the rule by which to arrive at the book
value.
Each share Of stock shall entitle the own
er thereof either In person or by proxy, to
cast one vote at all meetings OF stockhold-
ers.
Article v.-All of the corporate powers
of this corporation shall be vested In and
exercised by board Of directors composed
of three stockholders, majority to con-
stitute quorum for the transaction of all
business.
The board of directors hereinabove pro-
vided for shall be elected annually al gen.
eral meeting of the stockholders TO be held
on the second Monday in July, not legal
holiday, in the year 1914, and each and ev-
cry succeeding year thereafter, after ten
(10) days notice In writing mailed to each
stockholders last known address.
The board of directors shall elect from
their own number a president and a vice
president, and shall further elect or appoint
secretary-t treasurer, who may or may not
be a stakeholder.
shall serve until their successors have been
duly elected and qualified. Special meetings
Of the stockholders may be held at the re-
quest of any three stockholders by a call
Of the board of directors after ten 10) days
notice In writing as above provided, stating
the object of such meeting.
Any vacancy in the board OF directors
from any cause whatsoever shall be filed
for the unexplred term by the remaining
directors
Article vI.-ThIs act Of Incorporation
may be changed, altered, or amended, or
this corporation may be dissolved by a vote
OF two-thirds OF the capital stock issued at
a general meeting convened for that purpose
after thirty days notice In writing mailed
to each stockholders last known address, |
and after ten days publication in one Of the |
daily newspapers of the city Of New Orleans, |
and as prescribed by law
Article VlI-Whenever this corporation |
Is dissolved by Limitation or otherwise, its |
affairs shall be liQudated under the super.
vision OF three commissioners elected at a
general meeting Of stockholders convened
Tor that purpose, after the notice specified
In Article Six Of this charter. In case of the
death or disability to act OF any one or
more OF the said commissioners, the remain
Ing commissioners shall elect a successor or
successors from among the stockholders
Article Vlll.-No stcokholder Of this com
pany shall ever be held liable or responsible L
ZOE the contracts or faults Of this corpora
non IN any further sum than the unpaid bal
ance due on the shares OF stock owned by
him nor shall any informality In the organ |
battalion have the effect of rendering this
charter null. or Of exposing any stakeholder
% any liability beyond the unpaid balance
Tue on his stock; nor shall any informality
y lrregularity In organization have the ef-
ect or rendering any stakeholder liable as
! partner.
Article Ix.-The first board of directors of
NJ. ID. Farmhouse and F. E. Dem
rest, with W. z. Farmhouse as president,
u. ~. Farmhouse as vice-president and f.
2. Demarest as secretary-treasurer and the
sld omcers shall serve In their respective
apacities until their successors shall have
cen duly elected and qualified
Thus done and passed. in my Office In the
lty or New Orleans, parish Of Orleans state
LOUISIANA on the day and date first here.
naDove written, In the presence of Messrs.
william A. Dixon and Frances Eisler com
etent witnesses, who have hereunto afixed
heir signatures with those of appearers and
he, notary, after due reading Of the whole,
Names Of subscribers omitted
"i nHas william WI Trnr a Dixon, F. Eisler.
i, the undersigned recorder NJ nnortgo gas | /