The herald. [volume] (New Orleans, La.) 1905-1953, 1915-04-08

corporation. as may be necessary and proper
Article 1.-The donicile OF this corporation
shall be IN the City Of New Orleans, Parish
OF Orleans. State Of Louisiana. and all cita-
tlOns or other legal process shall be served
on the president OF said corporation, or, IN the
event OF his absence on the vice president
Article llI-The objects and purposes OF this
corporation are declared 10 be TO operate a
general transfer and transit business with au-
tomobile and motor cars; 10 maintain garages
for the purpose OF repairing all said machines,
and carriage Of passengers and freight in all
parts Of the CITY OF New Orleans and sur
general livery business with automobiles and
similar machines; TO acquire and use the
routes and franchises OF similar companies
and generally TO do and perform all business
necessary TO operate the said carriage and liv-
cry business.
Article 1V-The capital stock of the said
corporation is hereby fixed al FIVE Thousand
(SS0O0.00 dollars represented by one hundred
shares OF the par value OF fifty 5000 dollars
each. which may be issued for cash or proper
ty. This company shall begin business as
soon as three thousand dollars of said stock
has been subscribed.
Article Vail the corporate powers of this
corporation shall be vested in, and exercised
by board OF directors composed of FIVE 90
stockholders, who shall be elected annually on
the last Monday in February OF each wear
said board shall constitute quorum for the
transaction OF any and all business.
AT all elections each stakeholder shall be
entitled 10 one vote for each share of stock
held by him. and majority of votes cast
shall elect A failure 10 elect directors at a
regular meeting shall not dissolve the cor
poraton, but the directors then in Office will
continue 10 act until their successors are
elected and qualified Notice OF the time OF
holding any and all meetings shall be given
by the secretary TO each stakeholder, such
NOTICE to be sent by mail, FIVE days before
such meeting. and directed to each stakeholder
Immediately upon being elected the direc-
tors shall elect from among their own number
a president, vIce-president and a secretary
and treasurer.
The said board shall also have full power
and authority TO borrow money through the
president or some other duly authorized
agent or agents 10 execute mortgages and is
sue notes, bonds or other obligations and
generally 10 do all the things necessary for
the proper carrying of the business Of the
SAID corporation; as also to issue and deliver
full paid shares OF stock and bonds and other
obIlgations OF the said corporation in payment
OF the money borrowed or money, labor, ser
wees, property or rights actually received by
the SAID corporation, as hereinbefore set forth
Vacancies in the board of directors shall
be hlled by the remaining members of the
Until the next meeting to be held under
this charter, or until their duly qualified
successors are elected and installed, the board
o. directors shall be composed of Doctor
~.
Phlllp roto, who shall be vice-prrsioent
Philip Cafiero, who shall be secretary and
I. Z. Lee Dunn, who shall be treasurer and
John kleinkemper.
Article VI--The capital stock nav be in.
creased or diminished upon complying with
formalities imposed by law.
Article VII-Whenever this corporation
shall be dissolved, either by Limitation or
from any other cause, its affairs shall be
hquidated by committee of three stockhold-
ers appointed at a general meeting of the
stockholders convened for that purpose. and
sa1o committee shall have full power to per
Liquidation Va
Article WILING stakeholder of this co-no--
atlon shall sell or dispose of his stock with.
sut hrst onerlng the same for sale in writing
directors oOAiu VI
Transfers of stock shall not be recogn;z.d
unless such stock is transferred on the books
OF tne company by the owner or by his duly
Article 1X-Nc stock holder of tbs ,o--
poration shall ever be held liable or respon-
nole for the contracts or faults of this row
poIation IN any further sum than the unpaid
osiance que oy him, IT any, on the stock sub
scriDeo Tor by him; nor shall any mere infor
mality IN the organization have the effect of
rendering this charter null, or of exposing
any stoekhoider, to any liability beyond the
subscribed for by him.
mus done and passed in my Office in the
City OF New Orleans, aforesaid, the day
month and year first above written in az
presence Of F. Beninate and VIM. v Sch
1oth witnesses OF lawful age and residing in
ms city, who sign hereto, together with Sad
parties, and ne, the said notary. afte- H.
reading Of the whole. Witnesses +. Ren;nsts
VIM V. Seeber. ROBT. E. OCONNOR
- Not Pub
IN and for the parish of Orleans. STAT. ~
louisiana, do hereby cerr,fy that the ahoy.
and foregoing act of incorporation of Wests;de
Transit 90. Inc, was this day duly recordsd
IN my ONCE, IN book li57, folio =
EMILE J. LEONARD. d
/ hereby certify the above and forego;ne IN
be true and correct copy of the original ar
OF Incorporation of the Westside Transit Co
der OF Mortgages A>eO'i'
RoBT. E ocoNNoR, Not. Pub.
Mch- u-ls-2S-Apr. ISIS