The herald., 1916-07-06
CHARTER

pRsCHLER MOTOR TRUCK MANU-.
I ncrURING COMPANY, INCoRPo-
RATED.
Id States Of America. State of louisiana
hhA Of Orleans.
Ii 4 known, that on this sixth day OF
"a A D. nineteen hundred sixteen
IN Asore me, Emanuel Leopold We'll. q
I'm public, duly commissioned and quail
I, and for this parish and state, therein
LA and in presence Of undersigned
VIA, witnesses, personally came and
Iurd the undersigned persons, all OF
M. Who declared that they do hereby
h themselves into a corporation for ninety
y years from this date, for the object
purposes and under the stipulations
rtsi,r set forth.
lrtlt 1.-The name Of this corporation
Be, Forschler Motor Truck Manutac-
9 Company, Incorporated, and under ITS
|eonie name shall have corporate exist
for ninety-nine years from date hereof;
power and authority TO contract, sue
X sued; to make and use a corporate
he sane to break or alter at pleasure;
aad receive, lease, purchase and convey,
vel As to pledge, mortgage and hypoth-
property, real, personal or mixed, cor
n and incorporeal; to name and appoint
rinagers, agents, directors, officers and
s,ees as its business, interests and
e,renoes may require; to make and es-
q, a. well as alter and amend from
tine, such bylaws, rules and regu.
N TOR the proper government and well
d the business and affairs of the
nrOn; TO issue bonds, notes or other
aaons, and generally TO do everything
ny be necessary or requisite to carry
I'd further the objects and purposes
frr named and specified.
Has 1.-THE domieile OF this corpora
nah Be in the city Of New Orleans,
a.aa; all citation and other legal pro.
s,l be served on the president, and
osenee on the vice president; and in
absence Of both CT these, on the
saT or treasurer.
ne lu-The objects and purposes for
ns corporation is established, and
.''ae o. the business TO be carried on
declared to be: To manufacture,
and sell automobiles and motor
DC operated by electricity, gasO-
any other generative or motive pow
~ more especially TO manufacture and
~ trucks and establish agencies for
'elner 70 repair trucks, automobiles
,snuie cars Of all kinds; and for the
Moncoile repair parts, accessories
sHnes; 70 represent others as agents
S-N IN similar lines of business;
xsG TO hold ar fcise all such /
.1 rights, power privileges as
NE objects and ,ses herein set |
N-lhe capital stock Of this cor
~ = hereby liked at the sum of FIVE
:. aoasand dollars (sSOO,0OO .O0). divid- |
az represented by Ave thousand
tns@e par value of one hundred dol |
49," each; said stock 10 be nom
ana all or any Of said shares |
100 Tor lawful money, for prop |
~ OF Tor services actually rem
49,. c9rporshon; or in payment of |
b., :. nsnts; all in accordance with |
MS state on the subject and I
SySeaiiy Act No. 267 Of the Gen
- Of this state for the year 1914.
.-Ihe powers Of this corporation
"ed In and exercised by a board
49,. composed Of hye stockholders
mr. annually on the first Tuesday
N ~ each year, or until their sue
s,s ven elected or qualified; elec.
49,, neid at the place Of business
d, .uon and shall be by ballot
A. .vision of three commission
sr,t,s n'sd oy the board OF directors.
IN ~ saan give each stakeholder
80 NOTICE in writing Of each elec-
rrlA.,@ his last known address.
~ a. Is entitled TO one vote
A. ~ stock in his name on the
@sporation; 10 be cast in per
" Dali elect. majority o. the
sss;,,., among the directors BY
" s!er,;sea or otherwise, shall be
e Mn oy the remaining direc-
D 49, ) OF the term. A failure,
eS en- directors on the date above
u t,.,I. q vacancy on the board, |
opo-., me corporation, nor i'm.
ea n "a management, but the d..
80 sr &C., snali remain until their
Sr ss directors shall elect from
snd humber a president. 4 vice
hr -. secretary and a treasurer
Of ,s vmees may be confined. !
u treasurer) the; NAV
81 =. employees or agents "a
epou, necessary for the busiress
s1 a .nd hx the salaries or ,
des,s They have the mower
.s.-e duties Of al! oflcers. ,
Ae ~ - and same shall hold
~ ney Ia. pleasure OF the board |
veil He power 10 make and ,
- sad -.er and amend. any {
s"stons necessary aud {