The herald., 1916-10-19
Act OF INCORPORATION
OF THE CITY SALES AGENCY, INCO
pDRAIED.

nited states OF America Nta'e OF LOuiSi-
ana, Parish OF Orleans, City OF New Or
Re IT known,t that on this 9th day of Sep
TENDER, in the year OF our Lord, one thOu.
sand nine hundred and sixteen Q9l6l and OF
the independence of the United States OF
America, the one hundred and forty--hrst be-
fore me, Joseph Sinai, notary pubic IN
and for the Parish OF Orleans; State OF
Louisiana, duly commissioned and qualified,
and in the presence OF the witnesses here
matter named and undersigned, personally
came and appeared the several persons whose
names are hereinafter subscribed, OF full age
Of majority, who declared 10 that, avail
ing themselves of the laws OF this state rela-
tive 10 the organization oil corporations, par
ticuarly Act No. 267 Of the session OF the
General Assembly of the State OF Louisiana
for the year 1914, page 81, they have coyen-
anted and agreed, and by these presents
they do covenant and agree for themselves
and their successors aud assigns, 10 form
themselves into a cooperation and body
polite in law, for the objects and purposes
and under the Stipulations hereinafter set
forth, to-wit:
poration shall be City Sales Agency, In.
corporated," and under such title II shall
have and enjoy succession and existence Tor
period of ninety-nIne 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 sane to break
and alter at its pleasure; 10 hold, to pur'
chase lease, sell, mortgage or hypothecate
or pledge property, real, personal or mixed,
necessary. incidental or proper for the carry
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 for the proper
conduct of its corporate business and 10
make and establish such rules, regulations
and bylaws as may be found necessary and
desirable for the management OF the AFFAIRS
| of the corporation and, generally to do all
and every other act, deed or thing necessary
for the complete and proper conduct and
| { h,tst
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 Objet. and purposes for
which this corporation is organized and the
| nature of the business 10 be carried on by
it 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 or appliances for the gem
| Grafton of steam. electric, gasoline or other
power for the purpose OF propelllng cars.
| carriages. wagons, trucks and vehicles OF
| every kind, character and description; and
also to manufacture, buy, sell, Import, export
| and generally deal in machinery OF all kinds
| and TO deal in supplies and such mechanical
devices and engineering appliances as are
| generally manufactured, bought, sold, I'M
ported, exported and dealt in by manutac-
| turers and dealers in a similar line OF bust
ness.
poration is hereby fixed at the sum of five
| thousand (S500.OO) dollars, divided into one
hundred 900 shares at par value OF nifty
$1,000 dollars ecah, to be paid for IN casr
or its equivalent in property. No certificate
of stock shall be delivered or issued unless
il is fully paid for, or for. property pur
chased leased, no stakeholder shan eve
be held liable or responsible TOR the faults
contracts or debts of this corporation in any
further sum than the unpaid balance due thu
corporation the shares of stock subscribed
for by him; nor shall any mere informally
|. in the organization have the effect OF render
ing this charter null or OF exposing a share
holder to any liability whatsoever, other thai
above; nor shall the stock be subject to as
sessments. The corporation shall begin I
? do business and to be going concern a
soon as two thousand, five hundred (2,SOO. %
! dollars of the capital stock has been sub
scribed and paid for.
. Article VAN the corporate powers of thi
, corporation shall be vested in and exercise
: by a board of directors to be composed o
i three 90 stockholders, two of whom shall
constitute a quorum for the transaction o
: the business of the corporation.
Until the first Monday OF October, III
?. the following named persons shall constitut
: the board of directors of this corporation, tc
4 wit: Benjamin Dreyfus, Alex F. Dreyfu
Thereafter the directors shall be electe
/ annually on the first Monday of October g
each year. All elections for directors sha
. entitled to one vote for each share of stoc
standing an his name OF the books OF IN
= | corporation, this vote to be cast Ill person
& by proxy, and it shall require majority {
8 stock present or represented TO elect. III
e failure to elect the board of directors on IN
\ first Monday of October ~, each and ever
: | succeeding year shall not work the forfeitur
|, of this charter but the old board of director
i shall remain in office until their successor
have been elected and have qualified.
e Article VI-The board OF directors sha
hold regular meetings at stated intervals
~ such time as shall be hXed by the bylaw
!. | of this corporation. These meetings shall
o | held at the domicile of the corporation, bI
. the president may call special meetings
d the board of directors at such times as
may deem advisable or when requested to
e | so by any two members of the board OF d
: | rectors. Three days notice OF such speci;
: meetings shall be given in writing TO II
= directors unless a waiver OF notice IS sIgne
y by the directors. Any vacancy occurrir
:, on the board, either from death, resignatlo
4 or otherwise, shall be hlleo by the board
y directors The first board of directors OF tn
r. able bylaws for the government and MAJ
4 altered. amended or chasged as the exigei
e cies Of the SANG e, may require; A., ,,.
= Article VII.-The officers OF this corpor
: ton shall consist of president and Sc
II retary-treasurer, all of whom shall be stoc,
= holders and members the, board OF 9
y, rectors. Until the board OF directors 20
&c elected on the first Monday of October, l9l
10 Shall otherwise elect, the following name
u nersons shall constitute the officers of tn
- corporation: Benjamin Dreyfus, presider
y. whose address is l70S STATE street, New u
- leans, La; Alex F. Dreyfus, secretary-trea
y urer, l7OS State street, New Orleans, La, az
!. Moses Beer, 1913 Dufossat street, New U
leans, La.
= fed, altered or amended, the capital sto
!. thereof increased or decreased or the &C
., poration may be dissolved with the asse
- of three fourths of the stock present or re
~ resented at a general or special meeting
"A the stockholders held for such purpose, aft
~ thirty 600 days prior notice in writing
Sc Zach Stakeholder or mailed to him at
10 last known post office address and after pu
- lication in a daily newspaper published IN I
~ CITY of New Orleans, and upon comply
n ne with the law in such cases made and pi
~ vided.
Il At the expiration of this charter or
m earlier dissolution of this corporation,
"a affairs shall be liquidated by two comm
pa sioners to be elected by the stockholde
all of whom shall holo stock in SAID co
~ ~ pany, and said commissioners are mere
On vested with full power and authority to $
=, any and all assets and property, real, ?
nc sonal and mixed of this corporation and
~ convey full and complete title thereto a
er 10 do and perform all acts essential to I
~ and complete liquidation OF this corporati
., and TO distribute the proceeds, II any,
Is directed by a special meeting OF the $40
III holders of the corporation convened 10.
=. purpose after due notice as PROVIDED
re herein.
al inability to serve OF one or more OF INC 9
Al Az missioners. the survivor shall continue to
ne - \. i;L.U;se vested with all the DOW