The herald., 1915-04-15
CHARTER
OF WEST SIDE TRANSIT COMPANY INC.
United States OF America, State OF LOUISIANA
p,-,sb ~ ORLEANS Civ OF New Orleans.


United States Of America, State OF louisiana,
Parish of Orleans, City OF New orleans.
Be it known, That on this 9Th day OF Aareh,
in the wear one thousand nine hundred anu
fifteen before ne, Robert {. OConnor, a no
tary public duly commissioned and quaIiheo,
in and for the Parish Of Orleans. State OF
Louisiana, and in the presence OF the wit
nesses hereinafter named and Undersigned
persons whose names are hereunto subscribed
who each scyerally declare, that avalIlng
themselves OF the provisions OF the laws OF
the State CT louisiana, relative 10 the organi-
PATTON OF corporations, they have covenanted,
agreed. and do BY these presents mutually
covenant and agree and bind themselves, TO
and with each other, as well as such otheI
persons who may hereafter become associated
with them, 10 form and constitute corpora
ton and body polite in law, for the objects
and purposes, and under the agreements and
stipulatlons, following, viz
Article The name and title OF this cor
poratiOn shall be West Side Transit %. Inc,
and under its said corporate name shall have
power and authority to have and enjoy sue
cession, for the full term OF ninety nine C99)
years. from and after the date hereof; to
contract, sue and be sued; 10 make and use
corporate seal, and the same TO break or alter
at pleasure; 10 hold, receive, lease. purchase
and convey, as well as TO mortgage and hypo-
thccate property, real, personal and mixed,
corporeal and incorporeal; 10 name and ap-
point such officers, managers, agents and d.
rcctors as its business interest and conyen-
fence may require; and to make and estab-
lish, d. well as alter and amend, from time 70
time, such bylaws, rules and regulations, for
the proper government of the affairs Of the
corporation. as may be necessary and proper
Article 1.-THE domicile of this corporation
shall be in the City Of New Orleans, Parish
Of Orleans, State OF Louisiana, and all cIta-
tions or other legal process shall be served
the president OF said corporation, or, IN the
event OF his absence on the vice-president
Article lII-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; TO 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
rounding Parishes, and to do and perform a
general livery business with automobiles and
similar machines; 10 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 IV-The capital stock Of the said
corporation is hereby fixed at FIVE thousand
(SS0U.0C 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 V-All the corporate powers of this
corporation shall be vested in, and exercised
by board Of directors composed OF Ave (9
stockholders, who shall be elected annually on
lnc last MONDAY IN FcDTuary OF each year,
beginning with the year, 1915, majority of
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
poration, but the directors then in Office will
continue TO 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 10 be sent by mail, Ave days before
such meeting, and directed to each stakeholder
at his last known address.
Immediately upon being elected the direc-
tors shall elect from among their own number
president, vice-president and a secretary
and a treasurer.
The said board shall also have full power
AID authority to borrow money through the
president or some other duly authorized
agent or agents to execute mortgages and is
sue notes, bonds or other obligations and
generally to do all the things necessary for
the proper carrying on of the business Of the
said corporation; as also to issue and deliver
fuii paid shares OF stock and bonds and other
Obligations OF the said corporation in payment
OF the money borrowed or money, labor, SER
vices, property or rights actually received by
the said corporation, as hereinbefore set forth
Vacancies in the board of directors shall
be hlied 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
OF directors shall be composed of Doctor
Charles v. Kraft, who shall be president,
Philip roto, who shall be vice-prrsioent
Philip Cafiero, who shall be secretary and
Z. +. Lee Dunn, who shall be treasurer and
John Kleinkemper
Article VI-The capital stock may be in
creased or diminished upon complying with
tormalities imposed by law.
Article NII-Whenever this corporation
shall DC dissolved, either by limitation or
from any other cause, its affairs shall be
liquidated by a committee of three stockhold-
ers appointed at a general meeting of the
stockholders convened for that purpose, and
said committee shall have full power TO per
form all acts necessary for the purpose OF
liquidation.
Article VIII-No stakeholder of this oorpor.
alton shall sell or dispose of his stock with
out hrst offering the same for sale in writing
to the other stockholders through its board OF
directors
Transfers of stock shall not be recognized
unless such stock is transferred on the books
OF the company by the owner or by his duly
authorized agent.
Article IX-Nc stock holder of this cor.
poTstion shall ever be held liable or respon.
siole tor the contracts or faults of this cor
poration in any further sum than the unpaid
balance due by him, il any, on the stock sub-
scrioed tor by him; nor shall any mere infor.
mality IN the organization have the effect of
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