The herald., 1914-07-30

CHARTER OF THE
SOUTHERN MOTOR CAR COMPANY.

/ United States ai America. STATE oi Lou,sla
Parish Of Orleans
. I'e u known, That on THIS 18th day of June.
/ l'll We, the uudcsS signed several persons OF
/ .a"tE. age. and each residing IN the CITY OF
/ New Orleans. La, ava'Hug ourselves Of the
/ general laws q the State of Louisiana. ana
/ especially Of act No. Is Of 1914, DO hcrrov
/ form ourselves into a corporation and body
/ polite for the objects and under the stipuIl-
/ unHS following, ru-yylt:
| Article The name and title cf this cor.
! por.,lnu shall hc SOUTH RI MOTOR CAR
/ COMPANY, with its d1u.ci!c IN the city Of
/ New Orleans Ia.
Article II-Thc purposes and objects Of
! the SAID corporation are hereby declared 10
/ be- lu engage ~ an automobile car agCrC-
/ and garage; 20 tuy, sell, rent, hire, repair
/ and Store automobiles and other motor-drIyea
| vehicles, and all accessories thereto; and gen
! craAy 20 do all things necessary or C0uyeri-
lert 20 properly conduct the business Of thI-
Article III.-This corporation shall exist for
! q period ot nsrcty-uue years from and after
! ilc dt.c hereof. unless sooner dissolved IN
! the manner hereinafter provided.
! The corporation shall have and enjoy all
| rights, privileges and Iwmur:ci-N Granted ny
I .-w ip CnrlHrai'HUS, and under lis ,1Il Drt-c
name II shall have power and authority 10
/ contract. Sue and be sued; 10 MAKE and use
! a corporate seal and the same 90 change.
/ alter u- destroy II pleasure, but the failure
to have seal shall not iuvaIida;r auv y
/ 90 hold, receive, purchase, hypgthecata, con-
! HrF, sell. lease. OF pledge rc.l and pr.s1uaI
H 81. ..|I fr.T O. .Hr
/ ~ ,.l,- evidences ot Irf,.. q, r-ya .lJ on
/ rrry ~.,rr rr.,-.t.,-. directors -'r--r-s 7r.1
AGENTS and .tnr~ .--'-r.'y,.s - u.s. 49,,
may rgg.lrrr and 10 make aud ,-.abrl.1 ,,r.r
/ f.,--f-.y.. mics ~ -,..,,f..5-- 3D.. 80.
/ -.,-ag.rr,r-t ana r.r.,-,I ,f .re mis- ~ -.
/ SAID ,,.--..ra-r.-g 81, -rr, IA. -.-..--r., Nj
proper and the same to alter and amend ar
All citation and other process shall -
! served on the president and ia lis ar-
sca.e on the vicc-prcsicut. and N The Az
| Article IN-The capital Sod, of ,hss cor.
/ pu-.tri.r Is hereby Used NJ .v,rrt,-.-,-. tr,-.
sand dollars lS-s5uH. divided ir,o and -cIrc-
. >tufeI Iv two hundred and rf,y f.-.I .N,-r~
II -g. r.a- yslr. uf one E,,rfr,j ,5iT~s .s,fl,
each
/ The co-ra~afion shall become \ going CON
| ce~r and shall lie .urrn-iyeI N cr--,-1.nrc-
I business as soon as three thousand d5I!a-s
| $4,000 Of lis csritaI sock sr-il ~ h.
( subscribed for: The remaining shares oi stock
shall he i..-r4 L,. +L. Irl~J of J'rc..,-,
when and as thcy deem fiji and nrorr-
All shares of stool; shall be raid for T., cas-,
! or its equivalent, and mus, be fully paid be-
fore the issuance Of the ce-'iEratr t,errof ans
shall lie ron-asscSSable Said stock shall L.
rerrcscnrcd bv stock certificates trau;fr-.
able only on the books OF the cournarly OF,
the surrender of the outstanding cert.ica,c>
| or proof of loss thereof, and under such rt;es
and regulations as the board OF directors nav
| provide
! The general provision for the trar,icrance
! OF stock Is that IL must ne first offered II,
writing, and at its book value, TO the boa-d
| of directors OF the company, who shall have
| the option Of purchasing same at the book
| value at the time said stock is offered TOY
| sale; and should the directors fail u maxi
! the purchase OF said stock within thirty day.
! from the time of offer, then the holder and
| owner Of the stock may dispose of IL in the
specially agree that the stock herein sub
.cribed for by them shall not be sold or
transferred to anyone other than % one or
more of the incorporatoTs without the consen-
| nf Of uyhO
| still stockholders at the time of the trans
| ferance of the stock.
| The said capital stock may be increased o-
| diminished by proceedings taken in accord
anCe with the laws of the State of Louisiana.
Article V.-All the corporate powers OF this
corporation. shall be vested in and exercised
| by board OF three directors, each OF whom
shall own at least one share of the corpora.
tion. Said directors shall be elected by balIo-
| at :he annual meeting OF the stockholders OF
| the company, which annual meeting shall be
held on the third Tuesday of January in eacn
year; at which meeting each stockholder shall
| have the right IN person or by proxy to cast
one vote on each share Of stock owned by him
| Three members of the board of directors shall
constitute quorum. Said board shall have
power TO NIL all vacancies in the Doard, aEu
| all oihcers and directors shall hold and con
| tinuc IN othce until their successors snail
have been elected and qualified; The annual
| meeting OF the stockholders shall be preceded
by ten days notice mailed to the last known
| address of each stockholder, notifying him
4
| BOARD shall exercise all the powers OF this
corporation, or may delegate the same n one
| or more othcers at ITS pleasure; make such by
| laws, rules and regulations as they may think
proper tor the transaction OF the business and
anairs OF Said corporation, and change, alter
and amend at pleasure; appoint and nS the
salaries OF all ohcers, clerks and employees
not herein mentioned, the same to change or
diSmiss at pleasure; hx the salaries OF the
ohcers provided tor herein; and to do all
things WINCH may he necessary IN the man
agement OF SAID business and permitted by
the laws appicabie 10 corporations.
a failure 10 eiect directors on the date
above speelhed shalI not dissolve the cor
poratlon, Dut the then existlng board OF di-
| reciors shall continue to hold their ofnccs
ana another elecuon Shall De heid as soon
therea1ter as pracuea6e at time TO be
@ @nHeu @Dy tne I%oaiG % Oh oIIect1rs men IN once
- eieol @ teh Gdys notICe shdIl DC gwen IN
'l'e manner 5. SooNe P'oVlueu. =.
Aiy ulie1loI md dt any tue give MS
PLo"y oI Po"gL 3 attorney IN wiring 10
aHy O'Iet S'oN NNiEIuCt I VI any OtHcI EIeuloeI
Oh tne DIdrd 2d Oh ulIectoIS 10 represent MN at
any GI an LieeIinse Ii tne Doatq OF directors,
.s,. - ,. uII iHG PrONy sndii III eFeIy
ISoPCN' P NoLi'' Iot az pun iPoeeo ID il sdlu III
Tt, eSao paf pCis .ii P.e!, P.ese.t!, ,u 1,
~? % ms ms III Itoi a.iI" siIaII oe d
t-ess,,ro.' o., P,,oS au LAY
u C..i - - ,Sl go as ~ ~ r. SilIts ~
GIc htl t;.r.o ~ -, a'ip IIdnk ~
~nc,ors srJ H., sbatI ia "a, 80 "a y. u
Successors are eIecfed ~ n,,aI;En5 ,,!eiL L
SUBSEQUENT hoard shall taLe tbSiT sests ;-,t,,nI
I;a.I,f f,IIo,-;,,o ,La;- aio,,;,, ~ S 'N In
tbcreyfte- aS n-artir,hIa IL ehiI So
their Offices until their Successors sbsII ~
hen elected srJ o,,ai;6sd ''"'' i'aFe
Mss sGI WsTv "Fu MSijagy STIiijimgr ferrr,. col. sh,