The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-14

Be it known, that on this 10th day of
November, in the year of our Lord, one thou
sand nine hundred and sixteen, personally
came and appeared before me, John Alonzo
Woodville, notary public, OF the. Parish
Of Orleans, duly commissioned and quail
fed the persons whose names are signed
hereto, and who declared that, availing
themselves OF the laws of this state relative
to the organization of corporations, partic-
ularly Act 267 of the General Assembly OF
1914, they do, by these presents, bind them.
selves, in the manner and form, to-wti:
Article 1.-The name of this corporation
shall be THE Motor Car Inn, Inc" and,
as such corporation, it shall have power TO
sue and be sued and its domcile shall be
in the city of New Orleans and it shall
exist for twenty-five years from date here
of.
Article 1.-THE objects and purposes OF
this corporation shall be 10 conduct garages
| for the sale, lease and storage of automo-
biles or other vehicles and their accessories
or parts thereof, including the repair thereof
as well as the establishment and conduct
of gasoline stations and the sale of oils and
other articles appertaining to the operation
OF automobiles and other vehicles.
Article III.-The capital stock of this cor
poratiOn shall be fixed at the sum of fifteen
thousand dollars (Sl5,O000O) to be paid for,
wholly, and entirely, as a consideration for
now known as THE Motor Car Inn," stu
ate and doing business in this city at No.
Sll st. Charles street, composed of A. X.
Moulin, Jr, Ray c. Moore and Karl F. Lin
drose, as partners, each with an undivided
third interest therein, which, together
with the assets of the goodwill of the said
co-partnership is hereby valued at the sum
Of fifteen thousand dollars (Sl5,OOO0O, as
will appear from accurate, detailed and
temized description of such property hereto
annexed, and read in connection herewith,
Immediately upon the signing hereof, the
said partners will execute notarial act
% nd traD in habal
of the said co-partnership to THE Motor
Car Inn, Inc" presently organized, and
shall receive in stock of this corporation the
sum of fifteen thousand dollars (Sl5,OO0OO
represented by certificate to each partner
Of five thousand dollars (S5,O00O0), as full
and complete consideration therefor, which
stock, so issued, shall be fully paid in ac-
cordance Herewith; the par value of which
stock shall be ten dollars $1,000 per share
divided into fifteen hundred shares and the
certificates shall be signed by the presi-
dent and secretary-treasurer and sealed with
the seal of this corporation.
Article IV.-The capital stock of this cor
poration can be increased or diminished by
a vote OF three-quarters of all outstanding
stock At a general or special meeting and
the objects and purposes hereof may be
all outstanding stock in conformity with the
provisions of said Act 267 of 1914.
Article V.-The affairs of this corpora.
ton shall be managed by three directors,
constituting board, as follows, to-wit:
Ray c. Moore, president, ?. o. address
81 St. Charles St. Karl f. Lindrose, vice
president, p o. Address 81 St. Charles St.;
A. X. Moulin, Jr., secretary-treasurer. P. o.
address 81 St. Charles St., who shall serve
for the first year or until their successors
are elected and qualified.
Article VI.-This corporation shall have
a right to use a common seal and alter the
same at pleasure and to acquire property
by grant, gift, purchase and to devise or
&c u'or,a,9e nd ,edgs d ,ba s.no ali snb.
ject to such limitations as may be prescribed
by law. to appoint such officers and agents
as the business of the corporation may re-
quire and to FIX their compensation; to
make bylaws, fixing or altering the man
agement of its property; the regulation and
government of its affairs and the manner
of the certihcation and registration of its