The herald. [volume] (New Orleans, La.) 1905-1953, 1914-04-30
CHARTER

OF ELECTRIC AUTO SERVICE COMPANY
United States OF America, state "i LOUISIANA
Parish of Orleans. City of New Orleans.
BE u known that on thlS nineteenth Jay
Of March. IN the year one thousand nine nun
drcd and fourteen, before me. Martin II.
Mauipu a notary public IN and for the PARISH
Of Orleans. state Of louisiana, duly commIS-
stoned aud qualified and IN the presence OF
the witnesses hereinafter named and under
signed. personally came and appeared the
persons whose names are hcrcunip subscribed,
All above the full age Of majority and res,
dents Of this city; who scycrdlly declared
that ayaiIIug themselves Of the provisions OF
an act OF the Legislature OF tins state, known
AS act No 80 OF the sessions OF losS, ana an
amendments thereto as well as OF those OF
the general laws of this state. relative 1" the
organization Of corporations, they have formed
aud organized and do by these presents form
themselves into and constitute a corpora
ton and body polite IN law, tor the oDJectS
and purposes and under the stIpulatIous aud
agreements hereinafter set forth and eN-
pressed which they hereby adopt as their
charter, to-wit.
poration here formed is declared to be the
"Electric Auto Service Company. Its doml-
Gle shall be in the city Of New Orleans,
state OF Louisiana, and II shall have and
>'cujoy succession by its corporate name Tor a
period of ninety nine years from ana diter
the date hereof. .
An citations and other legal process shall
be served upon the president, and IN the
event Of his absence or inability to act from
any cause, the same shall be served uH"n
the vicc-prcsident.
Article 1.-THE objects and purposes for
which this corporation IS organized and the
nature OF the business to be carried on by
IT, az hereby declared to be to manufacture,
buy, sell, construct, repair, store, charge OF
operate motors OF all kinds, automobiles and
other vehicles or crafts operated or controlled
by gas, electricity or other motive power; TO
buy, sell and deal IN automobile supplies and
accessories of every nature; TO act as sales
agents for manufacturers or otherwise, TO
own and operate an electrical manufacturing
and repair plant, and generally TO do all
things incidental to SAID business or that
might be requisite for the advantage thereof.
Article llI.-The capital stock OF this cor
poration is hereby fixed at the sum OF VS.
5000, divided into and represented by 500
shares at the par value of 5000 each, which
shall be paid for in cash, property or ser
vices.
This corporation shall be a going concern
when three thousand dollars GjOOOO) OF the
capital stock shall have been subscribed.
Transfers of stock will not be recognized
unless made on the books Of the company by
the owner his duly authorized agent or
attoTncy-in fact.
Article IV.-The business Of this corpora
ton shall be managed and conducted by a
Board of not less than three 90 directors,
all of whom shall be stockholders to be elect
ed at the annual meeting of the stockholders
on the second Tuesday Of January OF each
year.
The first board of directors of this corpor-
alton shall be Monticello w. Jay, Edward n.
Eberling and Martin H. Manion, with Mon
tcello ". Jay as president, Edward n. Eber-
ling as vice-president and Martin III. Manion
as ecrctaTy-trcasuTer, who shall serve until
the second Tuesday of January, 1915, or until
their successors have been elected and quail
fed.
On the second Tuesday of January, 1915
and annually thereafter, an election for dI-
rectors shall be held at the office of the com.
pany after ten QO) days notice, in writing,
shall have been given by the secretary TO
each stakeholder or his duly authorized agent
or attorney intact, the same to be given or
mailed TO each stakeholder at his residence
All elections shall be by ballot
A majority of the board Of directors shall
constitute a quorum for the transaction Of
business: they shall make bylaws alter and
modify the same they deem proper, shall
make rules and regulations for the manage
ment of the business and affairs of the com.
pany as they think proper. They shall exer.
else all the corporate powers, and the said
board of directors shall be authorized TO del.
egate its powers to any officer, by proper
resolution.
Article V.-At the termination of this char.
ter by limitation otherwise, the business
and affairs of this corporation shall be liqu-.
dated and wound up by two (2) liquidatIrs
commissioners who shall be chosen at a gen.
eral meeting of the stockholders called ID
the same manner as the meeting to elect d.
rectors and officers In case Of dissolution,
there shall be two commissioners similarly
chosen at a meeting called 10 dissolve. The
election of either shall be by a majority OF
the stock present or represented.
Article Nl.-Ths charter may be changed
altered modified this corporation NAV
be dissolved by vote Of two-thirds Of the
stock present or represented at a general
meeting of the stockholders convened for