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

COMPANY.
[ uirrd States Of America. State OF Louisiana,
Parish Of Orleans, City Of New Orleans.
Re II known, that ON tins twentieth day OF |
the month of April. IN the year OF our Lord
one thousand nine hundred and fourteen,
and of the independence Of the | nltcd states
Of America the one hundred and thirty
eighth, before me, Purucll NJ. Miner, a no,
tary public, duly commissioned and quaIlned
IN and Tor the parish OF orleans state Oh
louisiana, therein residing. and III the pres.
cuCe OF the witnesses hereinafter named and
undersigned, personally came and appeared
the several persons whose names are here
unto subscribed who seycrally declared that
availing themselves OF the laws OF the state
Of Louisiana IN such cases made and pro-
vided. they have contracted and agreed, and
do by these presents covenant and agree and
bind themselves. as well all such persons
as may hereafter become associated with
them. to form a corporation or body polite
for the objects and purposes and under the
articles and stipuiatIouS following, to-Wit:
Article THE name and style Of said
poration shall be the Southern Automobile
Supply Company, and under is sand corpor-
ate name, II shall have power and authority
to have and enjoy succession tor the tull
term and period OF ninety years from the
date hereof: to contract, sue and be sued;
to make and use corporate seal, ana the
same To- break or alter At pleasure; to hold
to receive, lease, purchase and convey, a
well as mortgage. pledge and hypothecate
property, real, personal and mixed, corporal
and iuCurpural; To name and appoint such
managers, agents. directors ana Objects 80
its business interests and convenience may
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 or proper.
| Article 1.-THE domiCIlc 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 prcsi-
| dent Of said corporation, or m the event OF
his absence upon the secrctary-treasurer OF
| said corporation.
! Article III-Thc objects and purposes for
which this corporation is established and the
| nature Of the business To be carried on by II
| are hereby declared TO be: To buy and sci
| automobiles and motorcycles; to buy and sell
automobile tires, tubes. pumps, shock absorb
ers tops. coils, batteries. timers, speed lnd
Gators CarhurctorS tools, magnetoS, lubrIca
ting oils, gTcascS, storage batteries, and al
| and singular every accessory or Sundry sup
ply used 10y autOm0bllStS or motorcycllstS
and. generally. 20 do all things necessary
and proper 10 carry ont the objects and pur
poses above expressed.
. Article IN-Thc capital stock Of this cor
poration is fixed Al uvc thousand dollar
iS5,OOuuD, divided into fifty shares $50 o
the par value OF 500 4 share. Said stool
shall be paid for in cash. and this corporation
shall he a going concern as soon as three thou
sand dollars $4,000 shall have been sub
| Scribcd.
Article V-All the corporate powers Of thi
corporation shall be vested IN and exercise
.
| stockholders, to be elected annually on tn
I third Monday of April Of each year, the frs
election under this charter to be held j
| 1915 Said election shall be by ballot an
conducted at the office of the corporation an
- | notice OF said election shall be given by tn
scCrctary-treasurer 10 each stockholder, /
writing. ten days prior 10 SAID election. lac
, share of stock shall be entitled to one vot,
, 10 be cast either ~ person or by proxy; IN
directors elected shall serve until their SUE
/ cc,sors have been elected. The failure
Z elect directors on the date specified shall M
o. dissolve the corporation. but the board
. directors shall continue in office until the
successors have been elected The boar
shall have the power Of filling vacancies o
the board.
Two directors shall constitute a quorum f
20 the transaction of all business. They sha
J. have po,,er to employ and discharge such en-
\ ployccs a. may be necessary Tor the condu
n Of the business.
: The ofi;cers Of the corporation shsll be
: president. vICc-prt-idcnt and secretary-tre
r Surer, who shall be elected by the board
directors from their number. The hrst on
r GERS Of the corporation shall be: NJ. Llibe
e man. president; Emile L. Aschatfenburg. vic
president, and A. Aschaffenburg, secretar
i The capital stock Of this corporation ma
/. | be increased or decreased, according 10 u
: Article VI.-This act Of Incorporation m;
4 be modified. changed or altered or the co
d poratiou may be dissolved with the assent
j three-fourths Of the capital stock Representa-
If at a general meeting convened tor such pi
pose. after written notice TO each stockhoid
e mailed 10 him or otherwise delivered az h
d domicile or the last known place OF bu'
" ness, at least five days prior 10 the date
l. the meeting.
'. Article VII.-No stockholder shall ever
II held liable for the contracts or faults Of
said corporation in any further sum than {
IS unpaid balance due the corporation on I
2 shares Of stock owned by him, nor shall a.
G mere informality in organization have t
" effect OF rendering this charter null, or Of e
le posing any stockhoder 70 any liability
lie yond the unpaid amount remaining due
n his stock.
III Article VIII-The subscribers have hei
II unto respectively written opposite their nam
| the amount Of stock IN this corporation 81