The herald. [volume] (New Orleans, La.) 1905-1953, 1914-05-14
CHAR TER
OF SOUTHERN AUTOMOBILE SUPPLY
COMPANY

{ jU'ed states %! America. State OF Louisiana,
Parish Of Orleans, City Of New Orleans
! BE - known, that on this twentieth day Of
. the month OF April. IN the year Of our Lord
4 one thousand nine hundred and fourteen,
and Of the independence OF the, United States
OF America the one hundred and thirty
eighth before ne, Purue.l NJ. Miner, a no.
tary public, duly commissioned and qualified
M and fog the parish Of Orleans, state Of
Louisiana. therein residing, and in the pres
cu,c ui the witnesses hereinafter named and
undersigned, personally came and appeared
the several persons whose names are here
unto subscribed, who ScycTallv declared that
avaIiIug themselves Of the laws Of the state
Of Louisiana IN such cases made and pro-
vlded, they have contracted and agreed, and
bind themselves, as well as all such persons
as may hereafter become associated with
them. 70 form a corporation or body polite
Tor the objects and purposes and under the
articles and Stpu.atious following, t0-wit:
Article The name and style Of said cor
poratI0u shall be the Southern Automobile
! supply Company, and under ITS said coTpor-
ate name. II shall have power and authority
20 have and enjoy succession for the full
term and period OF nIuety-nIne years from the
date hereof; To contract, sue and be sued
to make and use corporate seal, and the
same TO break or alter at pleasure; to hold
to receive, lease, purchase and convey, as
well as mortgage, pledge and hypothecate
property, real, personal and mixed, corporal
and lucorporal; TO name and appoint such
managers, agents, directors and officers as
ITS business interests and convenience may
require, and TO make and establish, as well
as alter and amend, from time 10 time such
government OF the affairs OF said corporation
as may be necessary or proper.
Article 1.-THE domicile OF said corpora
ton 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
ms absence upon the secretary-treasurer OF
said corporation.
Article III.-The objects and purposes for
which this corporation IS established and the
nature Of the business 10 be carried on by il
are hereby declared TO be: To buy and sell
automobiles and motorcycles; TO buy and sell
automobile tires, tubes pumps, shock absorb
erS, tops, coils, batteries, timers, speed indI-
Gators, carburetorS, tools, magnetOs, lubriCa-
ting oils, greases, storage batteries, and all
and singular every accessory or sundry sup
ply used by automobilIsts or motorcyclists,
and, generally, to do all things necessary
and proper to carry out the objects and pur-
poses above expressed.
Article lN.-The capital stock of this cor
poration is fixed at five thousand dollars
tS5OO0.U), divided into fifty shares (5O) of
the par value OF 500 a share Said stock !
shall be paid for in cash, and this corporation |
shall be going concern as soon three thou !
sand dollars $1,000 shall have been sub !
sCrbed.
Article V.-All the corporate powers of this
corporation shall be vested in and exercised |
by a board OF directors composed OF three
stockholders, to be elected annually on the
third Monday of April of each year, the first
election under this charter to be held in
1915; Said election shall be by ballot and
conducted at the Office OF the corporation and |
notice OF said election shall be given by the
secretary-treaSurer 10 each stakeholder, in
writing, ten days prior TO said election. Each
share of stock shall be entitled TO one vote,
to be cast either in person or by proxy; the
directors elected shall serve until their sue
CessOrs have been elected. The failure to
elect directors on the date specified shall not
dissolve the corporation, but the board of
directors shall continue in office until their |
successors have been elected. The board
shall have the power of filling vacancies on
Two directors shall constitute a quorum for
the transaction of all business. They shall
have power to employ and discharge such en-
pioyees as may be necessary for the conduct
Of the business.
The officers of the corporation shall be
president vice-president and secretary-trea-
Surer, who shall be elected by the board OF
directors from their number. The first Off
GERS of the corporation shall be: NJ. Zilber-
man, president; Emile l. AschafTenburg, vice
president, and A. Aschaffenburg, secretary
The capital stock of this corporation may
be increased or decreased according to the
laws of this state.
Article VI.-This act of incorporation NAV
be modified, changed or altered, or the cor
poration may be dissolved with the assent of
of the capital stock represented
at general meeting convened for such pur-
pose, after written notice TO each stakeholder
mailed to him otherwise delivered at his
domicile the last known place of bust
ness, at least five days prior to the date of
the meeting
Article VII.-No stakeholder 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 InformalIty in organization have the
effect OF rendering this charter null, or of ex-
posing any stakeholder TO any liability be-
You'd the unpaid amount remaining due on
ais stock.
Article VIIT.-The subscribers have here |
unto respectively written opposite their names
he amount of stock in this corporation sub
'crlbcd for by each of them, that this act
If Incorporation may also serve as the orig
nal subscription list Of the corporation. {
thus done and passed, in my Office, at the !
,lty OF New Orleans, on the day and in the
month and year first hereinbefore written,
n the presence of Chas. II. Black and Theo. I
lore Roehl, competent witnesses, of lawful
lge, who have signed these presents, togeth-
r with the said appearers and me, notary,
alter due reading Of the whole.
Original signed: Albert Aschaffenburg Il i
shares; NJ. Zilberman, II shares; ]. NJ Folk :
nan, share; f. Lyle Aschaffenburg, l share. c
has. II. Black, Theodore Roehl !
PURNELL NJ. MINER, Not Pub. {
i, the undersigned recorder of mortgages in {
md for the parish of Orleans, do hereby GER
ify that the above and foregoing act Of in v
of the Southern Automobile Sup r
,ly Company was this day duly recorded in :
ny Office, in book lll9, folio =. =
New Orleans, April 20, 1914. Q
(Signed): EMILE ]. LEONARD, D. r. L