The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-04

require and TO make and establish, as well
as alter and amend, from time to time, such
bylaws, rules and regulations for the proper
government Of the affairs of said corporation
as may be necessary proper.
Article 1.-The domicile Of said corpora
tion shall be in the city Of New Orleans,
state Of Louisiana, and all citations or other
legal process shall be served upon the presi-
dent Of said corporation, or in the event Of
his absence upon the secretary Of
Article III-The objects and purposes for
. which this corporation is established and the
. nature Of the business 10 be carried on by it
arc hereby declared 10 be: To buy and sell
. automobiles and motorcycles; TO buy and sell
automobile tires, tubes, pumps, shock absorb
. crs. tops, coils, batteries, timers, speed ini!-
Gators. Carburetors, tools, magnetos lubTICa-
ting oils, greases, storage batteries, and all
and singular every accessory or suudry sup
ply used by aLtOmnnl4sts or rCptOrCyclIsts
and generally, 10 do all things necessary
and proper 30 carry ont the objects and plr-
poses above expressed.
Article IN.-.ghe capital stock OF this cor
Taratl.u Is tNed At i've thousand dollars
's5.uU"Dt divided INTO nifty shares go of
the par value Of $llJ share. said stock
sha. be paid for in cash, and this corporation
. shall be going concern as soon as three thou
sand dollars lSs,yHD shall have been sub
Article v.-AlI the corporate powers OF this
corporation sla.. be vested IN and exercised
by board O. directors composed Of three
s,ogllg.ders, to be elected annually on the
third Monday Of Arri. Of each year, the first
election under I'm, charter 20 lie held IN
1913. SAID election sha.. be by ballot and
conducted AZ the 1ttice Of the corporation and
notice & said election shall be given by the
. -r. rotary treasurer 20 each stakeholder, III
writing. ten DAYS prior To said election. Each
snare 81 stock shall be entitled 10 one vote.
20 be- cast either IN person or by proxy; the
directors elected shall serve u-rl their sue
,r~-..- have been elected. The failure 10
elect directors On the date specified shall 10:
dissolve the corporation, bur the board OF
directors shall continue IN ottlCe until their
Successors have been elected The board
shall have tie power Of Milling vacauSIes on
Two directors shall constitute a quorum for
'Ee transaction OF all business. They shall
have power 20 employ and discharge such en-
p.'yees as may be necessary for the conduct
The officers Of the corporation shall be
president. vICc-pTcsldCut and SeCretary.trca-
surer. who shall be elected by the board OF
directors from their number. The hrst ON
GERS Of the corporation shall be: NJ. Zilbcr-
man. president; Emile L. Aschaffenburg vice
president, and 4. Aschafenburg, secretary
Tie capital stock OF this corporation may
be increased or decreased, according TO the
law, Of this state.
Article EI-This act Of incorporation may
be modified. changed or altered or the cor
pOration may be dissolved with the assent Of
thTee-t0urths OF the capital stock represented
~ d general meeting convened for such pur-
pose, after written notice TO each stakeholder
mailed 10 him otherwise delivered at his
domicile or the last known place of bust
ness. at least I'VE days prior TO the date Of
the meeting.
Article VII.-No stockholder shall ever be
held liable for the contracts or faults OF the
said corporation in any further sum than the
unpaid balance due the corporation on the
shares OF stock owned by him, nor shall any
mere lntOrmality IN organization have the
effect Of rendering this charter null, OF Of ex-
posing any stOCkhClder to any liability be-
yond the unpaid amount remaining due on
Article VIII-The subscribers have here
unto respectively written opposite their names
the amount OF stock in this corporation sub
SCrIUcd for by each Of them, so that this act
Of Incorporation may also serve the orig
NAL subscription list OF the corporation.
Thus done and passed, in my Office, at the
city Of New Orleans. on the day and in the
month and year first heTeinbetoTe written,
in the presence OF Chas II. Black and Theo-
dore Rochl, competent witnesses, OF lawful
age, who have signed these presents, togeth-
er with the said appearerS and me, notary,
after due reading Of the whole.
Original signed: Albert Aschaferburg. Il
shares; NJ. alderman, u shares; ]. NJ. Folk
man. l share: +. Lyle AsChaftenburg, / share.
PURNELL NJ. MINER, Not Pub.
l. the undersigned recorder of mortgages in
and for the parish OF Orleans, do hereby GER
tlty that the above and ioreEolng act OF in
corporation Of the Southern Automobile Sup !
ply Company was this day duly recorded in /
my. office. in book lll9, folio -.
New Orleans, April %. 1914.
(Signed): EMILE J. LEONARD, D. r. /
State Of Louisiana, Parish OF Orleans.
l, the undersigned authority, do hereby Ger. I
tify that the above and foregoing is a true /
and correct copy OF the act Of Incorporation /
of the outhc-u Automobile Supply Company, /
together with the certificate OF the recorder 1
OF mortgages, now on file and Of record in my ,
nOtarIal ONCE.
PURNELL NJ. MINER, Not. Pub
apr 80 may Il p % june :