The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-12
TIL E III E n AL ID
ACT OF INCORPORATION
HE CITY SALES AGENCY, lNCOR-

ana, Parish OF Orleans, City OF New Or
leans.
BE il known,that on this 9th day of Sep
tcmber in the year of our Lord one thou
sand nine hundred and sixteen Q9lo) and OF
the independence OF the United States OF
America, the one hundred and tOTty--n-s;, be-
fore me, Joseph Sinai, 4 notary public IN
and for the Parish OF Orleans, State OF
Louisiana, duly commissioned and qudllhed,
and IN the presence OF the witnesses mere
matter named and undersigned, personally
came and appeared the several persons whose
names are hereinafter subscribed, OF full age
Of majority, who declared 70 me that, avail
ing themselves Of the laws % this state TeIa-
tive u the Organization OF corporations, par
ticularly Act No. 267 of the session OF the
General Assembly Of the State OF Louisiana
for the year 1914, page 52l, they have coven-
they do covenant and agree for themselves
and their successors and assigns, 20 form
themselves into cooperation and body
polite in law, for the objects and purposes
and under the stpulations hereinafter set
forth GO-wIt:
Article The name and title Of the cor
pOratiou shall be City Sales Agency, In
corporated,' and under such title II shall
have and enjoy succession and existence for
a period OF ninety years from date
hereof; ii shall have the power and authority
to contract, sue and be sued, and to make
and use a corporate seal, the same TO break
and alter at its pleasure; to hold, to pur-
chase, lease, sell, mortgage or hypothecate
or pledge property, real, personal or mixed,
| ".
| ing on OF its business and, to that end TO
| further make and issue notes OF indebted
| ness; TO name and appoint managers and
clerks or other employees Tor the proper
| conduct Of It's corporate business and 10
make and establish such rules, regulations
| and bylaws may be found necessary and
| desirable Tor the management OF the AFFAIRS
Of the corporation and, generally to do al
and every other act, deed or thing necessary
| for the complete and proper conduct and
| management OF said business.
| Article 1.-The domicile OF the corpora
| ton shall be in the city Of New Orleans,
| Parish of Orleans, State Of Louisiana, where
| all citation and other legal process shall be
! served upon the president or, IN his absence,
| upon the secretary treasurer.
| Article III-The obJek. and purposes tOI
which this corporation is organized and the
nature Of the business 10 be carried on by
| il are hereby declared to be as follows, to-
| wit:
| To manufacture. buy, sell. import, export
and generally deal in all kinds of vehicles
| engines, machines appliances for the gen
Grafton Of steam, electric, gasoline or Other
power for the purpose, OF pr,opeIling, cars
carriages, wagons, trucks and vehicles OF
every kind, character and description; anC
also to manufacture, buy, sell, import, expor
! and generally deal in machinery OF all KIND
| and 10 deal in supplies and such mechdnicd
devices and engineering appliances as arr
| generally manufactured, bought, sold, I'm
ported, exported and dealt in by manufac
turers and dealers IN a similar line OF busI
ness.
Article IV-The capital stock Of this cor
poratIon Is hereby fixed at the sum of hyt
thousand G5,DOOO dollars, divided into ont
hundred 600 shares at 4 Par value OF init!
$4,000 dollars ecah, to be paid for in casi
or its equivalent in property. No certihcst
of stock shall he delivered or issued unies
il is fully paid for, or for property pur
chased or leased, no stakeholder shall eve
be held liable or responsible for the faults
contracts OF debts of this corporation IN an
further sum than the unpaid balance due III
corporation on the shares Of stock SUBSCRIBE
! for by him; nor shall any mere lntormallt
in the organization have the effect OF render
ing this charter null or OF exposing share
holder to any liability whatsoever, other tina
above; nor shall the stock be subject to a:
sessments. The corporation shall begin
! do business and to be going concern a
! soon as two thousand, i've hundred (S2,SOO0
dollars of the capital stock has been sui
scribed and paid for.
Article V.-All the corporate powers of thi
/. corporation shall be vested in and eXercI Sc
! by a board OF directors TO be composed
! three. 90 stockholders, two OF whom sha
! constitute a quorum for the transaction
the business OF the corporation.
Until the first Monday of October, l9l
: the following named persons shall consutu'
: the board OF directors Of this corporation, Z
u wit: Benjamin Dreyus, alex +. Dreytt
and Moses Beer.
:; Thereafter the directors shall be electe
i annually on the first Monday OF October
each year All elections for directors sha
: be by ballot and each stocKholder shall
= entitled to one vote for each share of stoC
= standing in his name oil the books OF Il
;. corporation, this vote TO be cast in person
= by proxy, and II shall require majority
u | stock present or represented to elect II
5 failure TO elect the board of directors on Il
n FIRST Monday of October each and evei
, | succeeding year shall not work the tOrfeitu
< of this charter, but the old board Of directo
Il shall remain in office y1til their successo
have been elected and have qualified.
,e Article VI.-The board Of directors sha
4. Il Na1 mt al
u such time as shall be fixed by the by-laN
n of this corporation. These meetings shall
u held at the dOmicile of the corporation,
:; the president may call special meetings
"a the board of directors at such times as
may deem advisable or when requested TO
IS so by any two members of the board of {
le rectors. Three days notice of such speci
Is meetings shall be given in writing TO I
10 directors unless waiver Of notice is sign
20 by the directors. Any vacancy occurrl
" on the board, either from death, resignati
ID or otherwise, shall be FLEA by the board
eT directors The first board of directors of Il
II corporation shall be required TO draft su
OF able bylaws for the government and ma
/, agement of this corporation, which may
"a altered, amended or chasged as the e~ige
nc cies of the same may require.
IN Article VII.-The officers of this .corpo
7; ton shall consist Of president and ST
VI retary-treasurer, all of whom shall be stoC
w. holders and members q. the board OF
le Ire Until the board OF directors to
to elected on the first Monday of October, i9
III shall otherwise elect, the following nam
is persons shall constitute the officers OF d
10 corporations: Benjamin Dreyfus, preside
er whose address is l705 State street, New {
C. leans, La; Alex +. Dreyfus, secretary-tre
es urer, l7O5 State street, New Orleans, La, a
n Moses Beer, l64S Dufossst street, New
leans, La.
r. Article VIII.-This charter may be mo
IN fed, altered or amended, the capital ste
rs, thereof increased or decreased or the c
or poration may be dissolved with the asst
Id of three-fourths of the stock present or r.
IT, resented at a general or special meeting
nd the stockholders held for such purpose, at
&c thirty 600 days prior notice in writing
nd each stakeholder, or mailed t6 him at
ay last known post office address and after p'
~ LEGATION in a daily newspaper published IN
he city of New Orleans, and upon comply
on with the law in such cases made and p
Cr.. vided
Id At the expiration of this charter or
all / earlier dissolution of this corporation,
nd affairs shall be lquidated by two comm
he soners to be elected by the ,stockholdc
nd all of whom shall holo stock in said CT
on pany,. and said commissioners are here
ar, vested with full power and authority to
he any and all assets and property, real, ?
IN sonal and mixed, of this corporation and
Ter convey full and complete title thereto
&C. TO do and perform all acts essential to a
es. and complete liquidation of this corporate
rst and to distribute the proceeds, If any,
De directed by special meeting OF the sto
all holders of the corporation convened for
st, purpose after due notice as provided
Ors herein.
rm In the event of the death, resignation
all inability to serve of one or more OF the G.
The missioners, the survivor shall continue to
and be likewise vested with all the pow
ION herein granted.
ny Thus done and passed in my office, in
liz - OIL fhfdav. month