The herald., 1913-09-25
CII Ar TER

August 1913, and of the iDdeendence of the
United States OF America the one hundred
and thlrty-seyeDth, before me. Charles +.
FletChlnger, a notary public, duly commits
stoned and qualified in and for the parish
OF Orleans, state Of Louisiana, and in the
presence OF the witnesses hereinafter named
and undersi gned, personally came and APP
peaTea the several persons whose names are
hcTeunto subscribed, who severally declared
that availing themselves OF the laws or the
state Of Louisiana in such cases made and
provided, they have covenanted, and do by
these presents covenant, agree and BInd
themselves to form and constitute g0rJo.-
alton and body polite In law for the %,
jects and purposes, and under the terms aui
conditions, following, to-wit:
Article This corporation shall be known
as the w. =. Farmhouse auto company
and as such shall have .onIlndouS success
sion for ninety nine years, unt's, sooner ula
solved; and shalt have power to sue ana
10 be sued to acquire ana mold by purchase
or otherwise property real ana Pc. =
movable, imm2Nable ana mixed anu SIIe
same to sell, lease. mortgage, ptedEe' ny
DOthecare or ctierN Use dispose OF, IN any
and every manner whatsoever; 10 draw
make and endorse h'.ls OF exchange ana pro
missorv notes, 1nI I'D issue bonds; TO elect
and ayogtuT such pfii ,erS. directors ana
agents, as tue interests o. the corporation
shall reu.lgc. and TO make all necessary by-
laws. rules and regulations Tor the proper
management ~ Its affairs and the same 20
alter. amend, or repeal at pleasure anu
generally 10 exercise all powers that are
conferred on corporations organized Tor the
Durgosss hereinafter stated
Article 1.-THE dOm'eie OF lhlS corpora
ton shall he In New Orleans, Parish OF VI
leans state % Louisiana; and al CITATIONS
or other legal process shall be served on
The president OF this corporation, or, IN me
event OF his absence, on the vice president
or IN the event II his absence. on the sec
rctarv. IN the order enumerated, and in the
event Of the absence Of the respective ON
GERS at the office Uf The company.
Article III.--Ths objects and purposes Tor
which this corporation IS organized, ana
the nature Of the business TO he carried on
and conducted hy II, are hereby declared to
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 water
craft. OF every description and character
Whatsoever. propelled by steam, electricity,
gas, gasoline. compressed air, or any other
motive power; also to buy, sell, manufac-
ture, trade and deal in engine machinery
pumps, dyDamos and all accessories of the
said automobiles, bicycles, machines, yehi-
cles, 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 buy,
sell, rent, or lease real estate In the course
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 TO
the objects and purposes herein set forth;
corporation is hereby fixed at twenty-five
thousand dollars 1926, 100000, to be divided
into and represented by two hundred and
fifty shares OF the par value OF one hundred
dollars ($l00.00) each, to be paid at such
times and In such manner as the board or
directors may deem fit and proper, and to
be payable in cash, property, or services rem
dered. Certificates OF stock shall be signed
by the president and secretary, and this cor
poration shall become a going concern when
three thousand dollars (s3.00O.00 Of its
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 enttle the own
er thereof, either In person or by proxy, to
cast one vote at all meetings of stockhold-
ers.
Article v.-An Of the corporate powers
OF this corporation shall be vested In and
exercised by a board Of directors composed
Of three stockholders, a majority to con-
stitute quorum for the transaction OF all
business.
The board Of directors hereinabove pro-
vided for shall be elected annually at gen.
eral meeting Of the stockholders to be held
on the second Monday In July, not a legal
holiday, In the year 1914, AID each and ev-
cry succeeding year thereafter, after ten
(1Ol 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
a secretary-treasurer, who may or may not
be a stakeholder.
And such officers and board Of directors
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 filled
for the unexpired term by the remaining
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 VlL-Whenever this corporation
IL dissolved by limitation or otherwise, its
vision OF three commissioners elected at a
general meeting OF stockholders convened
Tor that purpose, after the notice specified
IN Article SiI 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 successor or
successors from among the stockholders.
Article VllI.-No stcokholder OF this COM
pany shall ever be held liable or responsible
Tor the contracts or faults Of this corpora.
ton 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
lzatalon have the effect OF rendering this
cnarter null. or Of exposing any stakeholder
to any liability beyond the unpaid balance
due on his stock; nor shall any informality
OF irregularity In organization have the ef-
rect or rendering any stakeholder liable as
Article IX-The first board of directors of
this corporation shall consist of W. 2.
Farmhouse, NJ. ID. Farmhouse and +. z. Dem.
Arrest with w. p. Farmhouse as president,
NJ. ID. Farmhouse as vice-president and +.
e. Demarest as secretary-treasurer and the
said omcers shall serve In their respective
capacities until their successors shall have
been duly elected and qualified.
Of Louisiana. on the day and date first here.
lnabove written, In the presence of Messrs
William A. Dixon and Frances Esler, com
petent witnesses, who have hereunto afdxed
me. notary, .sf.er due reading Of the whole
Names Of subscribers omitted
witnesses: William A Dixon, r. Eisler
CHAs. Z. FLETCHINGER, Not. Pub
l., 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 w. p.
FARMHOUSE Auth Company was this day duly
recorded In my office in book 1119. folio :.
New Orleans. La, Aug. %, 1913.
(SiQnp6l ENITE TEnNADn n