The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-20
CHARTER
OF LACROIX AUTOMOBILE COMPANY
INC.
STATE OF LOUISIANA. PARISH OF OR.
LEANS. CITY OF NEW ORLEANS.

STATE OF LOUISIANA. PARISH OF OR.
LEANS. CITY OF NEW ORLEANS
BE 1t known, that on this 18th day OF the
month Of February in the year one thou
sand nine hundred and thirteen. before me
Mark Mayo Boatner. a notary public, duly
commissioned and qualified In and for the
city, parish and state aforesaid. and in the
presence of the witnesses hereinafter named
and undersigned. personally came and APP
peared the several persons whose names are
hercuntO subscribed, who declared that avail
ing themselves Of the laws Of the state Of
Louisiana in such cases made and provided,
they have cOvpnanted and agreed and dol
hereby mutually covenant and agree for
themselves, their successors and those who
may hereafter become associated with them.
10 form a corporation for the objects and
purposes and under the conditions and Stip-
ulaIions contained in the following charter
namely:
ARTICLE l.
The name and style OF this corporation
shall De LhcVOiX Automobile EOmDanV Inc
and it shall have corporate existence for the
term OF ninrty-ninc years from the date of
this act unless sooner dissolved under the
provisions hereof. 1t shall have power 10
sue and be sued under its said corporate
name TO make and use a corporate seal and
TO alter same, TO hold. receive. purchase
lease. purchase and otherwise acquire hy
any title whatsoever property of all sorts
and TO lease, sell, mortgage. pledge or other
wise convey and cucumber the same to Dor
row money, to name and appoint such man
ayers, directors and other officers and such
agents and employees as Its interest or con
Yenlence may require, from time TO time
establish and amend such bylaws, rules and
| regulations for the management Of the af-
| fairs OF the corporation as may be necessary
! or convenient and generally TO have and eX-
| erclSe all such other and further rights. pow
| ers and privileges not inconsistent with this
| charter as are now or may hereafter I've con
ferred on like corporations by the laws of
| the state OF Louisiana or any other state
| territory or country in which it may do bus
| mess.
ARTICLE II.
The domicile of this corporation shall be
| in the city of New Orleans, state of Lou
| iSana. The president or in his absence or
in case of his disability, the vice-p president is
| hereby designated as the officer on whom
citation and other legal process shall be
| served.
ARTICLE Ill
The objects and purposes Of this corpora.
| ton and the nature of the business TO De
| carried on by 1t are hereby declared 10 be as
! follows TO buy, SELL manufacture, construct
erect, equip, maintain, repair, rent, trade
| operate and store automobiles, taxicabs and
all other kinds of vehicles and water craft
of all kinds and character whatever propelled
/ by steam, gas, gasoline, electricity, com
pressed air or any other motive power; alsC
10 own, buy, sell, manufacture, trade anC
deal in engines, machinery, pumps, dynamo,
and all other supplies and accessories OF
said automobiles, machines or vehicles, in
Guiding gasoline, lubricating oils, greaSeS
etc, TO act as manufacturers agent or agen
Of owners of any of the above mentioned
F., articles and business. and to own either by
purchase or otherwise and to lease. rent
erect, construct, maintain and operate ma
chine shops, garages and buildings neccSSar r.
or convenient for the purposes Of the bust
ness or businesses herein contemplated, an,
TO buy, SELL rent or lease real estate in III
J course of the conducting of said business
I : moss 70 Ira anA hold oh
} bonds or other securities of any corpora tiOl
J engaged in any of tie several sorts of bust
L ness hereinabove mentioned. and to eXerciS
all the rights of ownership of such stoc
or securities, including the right 10 vote tn
same, and generally TO do any and every &C
whatever which relates or appertanS to til
objects and purposes herelnabove expressed
/ ARTICLE ".
i The capital stock of this corporation
! hereby fixed at the sum of seventy five hun
: dred dollars (SI,5O0.OO) divided into seventy
, five shares go of one hundred dollar
u tS1O0.00D each. The same shall be paid IL
: in cash on the acceptance OF the subscriptio
: therefor or in such installments, payable a
such times as the board OF directors herein
, after established may, from time to time pre-
q scribe, or the same may be issued in pay
: ment for property acquired by the corpora
. ton or in compensation for services or labO
actually rendered to it. No stock certificat
shall be issued until the same shall be full
pdlu LOT. NO StOcRnOl0er snail sell, aSSlg
a or transfer his stock in this corporation III
VI til after having given thirty days prior wri
d, ten notice Of his intention so to do TO IN
= stockholders, by leaving the said notice wit
:. other stockholders OF said corporation sha
!, during the said period have the first priv
lege of purchasing the same.
p This corporation shall have a lien O
- pledge on the stock owned by any stool
! holder to secure all the indebtedness OWN
by such stakeholder to the said corporation
MI No transfers Of stock shall be effective S
n far as this corporation is concerned unit
the certificate therefor shall have been SUI
:, rendered and such transfer shall have bee
= noted upon the books Of the corporation.
q This corporation shall begin business an
!. become going concern when three thousan
, dollars (S3,O00.00) of IS capital stock sha
!, have been subscribed.
IS ARTICLE V.
l. All the powers OF this corporation shall /
o vested in and exercised by a board of dire,
x tors. composed OF three stockholders VIII
[, shall hold their ONCE for the term Of on
n year or until their successors shall be cleo
ed The election of directors shall tai
q place annually on the first Monday Of Jul
h in each year.
# Said elections and all other elections III
4 der this charter, except as herein otherwis
N provided, shall be by ballot. The same sha
d be held at the domicile of the corporate
o and in its head Ofhce, under the SUPERVISE
X OF commissioner appointed by the boar
d be sent to each person who appears by II
lie books Of the corporation TO be a stockholde
by mail, at his last known address, the san
to be posted, charges prepaid, at least te
ID days before the election, and no other
1t further notification thereof need be give
n II the address of any stakeholder be n,
)f known, 1t shall be sufficient TO deposit Il
De notice in the post Office. addressed "Gener
t. Delivery. New Orleans, La"
De At all elections and at all meetings
o. the stockholders each stakeholder shall
n, entitled to one vote for each share OF sto,
n standing In his name on -the books of Il
corporation to be cast in person, or by wri
at ten proxy, and the majority OF votes
e. cast shall elect or prevail, except as her
matter specially provided otherwise.
Or Any vacancy occurring among the dire
Is tors or officers by death, resignation or OF
m erwise, shall be filled by the board for d
es emainder Of the term then running. Fa
4 ure TO elect directors on the day above a
a. pointed shall not dissolve the board OF dire
er tors nor the corporation. but De directO
~ and officers heretofore elected shall rema
Id In Office until their successors shall
elected.
ARTICLE VI.
er The board of directors annually on [
a. day of their election or as soon thereaf n
IL as they shall meet, shall elect viva vo
= vice-preSident, and q secretary treasurer.
y they may confer the functions OF treasur
nr on any other officer. The terms of said o
GERS shall be the same as that OF the boa
20 electing them and their powers and dut
- shall be such as are appropriate to TIL
- several Offices or such as may be provided
the bylaws or resolutions of the board.
The said board shall have plenary pow
-, to make and from time to time amend
Iarx- -1,lac g. ~ n,