The herald., 1913-02-13

regulations for the management of the af-
fairs of the corporation may be necessary
or convenient and generally 10 have ana eN-
ercise all such other and further rights; pow
ers and privileges not inconsistent with tDlS
charter as are now or may hereafter DE 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 H.
The dOmicile of this corporation shall be
in the city Of New Orleans. state OF Lou
iSiana The president or in his absence. or
in case of his disability. the vice president is
hereby designated as the officer on whom
citation and other legal process shall be
served.
ARTICLE III.
The objects and purposes Of this corpora
tion and the nature of the business 20 be-
carried on by it are hereby declared To be as
follows to buy. sell. manufacture. construct,
erect. equip, maintain, repair, rent. trade
oDprate and store automobiles taNicabS ana
all other kinds of vehicles and water craft
of all kinds and character whatever propelleu
by steam. gas, gasoline. electricity. com
pressed air or any other motive power alSo
TO own buy, sell. MANUFACTURES, trade anu
deal in engines, machinery, pumps. dynamoS
and all other supplies and accessories OF
said automobiles, machines or vehicles, IN
Guiding gasoline, lubricattng oils. Sreases,
etc, to act as manufacturers agent or agent
of owners Of any of the above mentioned
articles and business. and to own either Dy
purchase or otherwise and to lease, rent,
erect, construct, maintain and operate ma
chine shops garages and buildings necessary
or convenient for the purposes OF the busi.
ness or businesses herein contemplated. and
to buy. sell. rent or lease real estate In the
course of the conducting of said business
or businesses: to acquire and hold STOCK,
bonds or other securities of any corporation
engaged in any of the several sorts of bust
ness hereinabOve mentioned. and to exercise
all the rights of ownership of such stock
| ;.f, ,I,,lin tIa riThf IN
same and generally to do any and every act
whatever which relates or appertainS TO the
objects and purposes hereinabove expressed.
| ARTICLE ".
The capital stock of this corporation Is
| hereby fixed at the sum of Seventy-hve hun
dred dollars (S7. 5000 divided into seventy
| five shares (IJ) of one hundred dollars
| ($1OO00I each. The same shall be paid for
| in cash on the acceptance OF the subscription
| therefor or in such inStallmentS, payable at
| such times as the board of directors herein
| after established may. from time To time pre-
scribe, or the same may he issued in pay
| ment for property acquired by the corpora
| tion or in compensation for services or labor
| actually rendered to ii. No stock certificate
| shall he issued until the same shall be fully
| paid for. No stockholder shall sell. assign
| or transfer his stock in this corporation un
| til after having given thirty days prior writ
| ten notice of his intention so to do 10 tn
| stockholders. by leaving the said notice with
| the secretary Of the corporation. and the
during the said period have the first privi
| lege of purchasing the same
/ This corporation shall have a lien Ol
pledge on the stock owned by any stock
| holder TO secure all the Indebtedness OWN!
i by such stOckhOlder to the said corporation
| No transfers Of stock shall he effective -
| far as this corporation is concerned unii
the certificate therefor shall haze been sur
rendered and such transfer shall have beer
noted upon the books of the corporation.
This corporation shall begin business ant
become a going concern when three thOusap'
dollars CS3 900 OOD of Is capital stock Shal
have been subscribed.
: ARTICLE V.
All the powers of this corporation shall h
vested in and exercised by board of direC
! tors, composed of three stockholders VIII
shall hold their office for the term of on
| year or until their successors shall he elect
| ed The election of directors shall tax
place annually on the first Monday of Jul
in each year.
Said elections and all other elections un
der this charter. except as herein Otherwis
provided, shall be by ballot. The same sha
be held at the domicile of the cOrpOratiO
and in its head Office, under the supervisiO
of commissioner appointed by the boar
Q of directors. A notice of such election sha
i be sent TO each person who appears by tn
books of the corporation to be a stOckhOlde
Y by mail. at his last known address, the sam
g to be posted, charges prepaid. at least te
Q days before the election, and no other @
a further notification thereof need be giveI
J. If the address of any stakeholder I've NJ
q known. II shall he sufficient to deposit III
notice in the post office. addressed "Gener;
4 Delivery. New Orleans. La"
|. At all elections and at all meetings
o the stockholders each sfockhOlder shall !
r entitled to one vote for each share Of stoC
o standing in his name on the books of II
l. corporation TO be cast in person, or by wri
d ten proxy, and the majority of votes
> east shall elect or prevail. except as her
r inafter specially provided otherwise.
Any vacancy occurring among the dire
tors or officers by death. resignation or OF
n erwise, shall he filled by the board for Il
| -mainder Of the term then running. Fai
10 ure TO elect directors on the day above a
If pointed shall not dissolve the board Of dire
le tors nor the corporation. but fe directo
% and officers heretofore elected shall rema
-e in office until their successors shall
ID elected
o ARTICLE VI.
" The board of directors annually on Il
Is day of their election or as soon thereaft
lr as they shall meet shall elect viva vO
r from among their number a president,
n vice-president. and a secretary treasurer.
n they may confer the functions of treasur
D. on any other officer. The terms of said of
e. GERS shall be the same as that of the boa
ID electing them and their powers and duti