The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-07

OF THE MOTOR CAR INN. INC.
United States of America, State of Lou
isiana, Parish of Orleans, City of New
Orleans.
Be it known, that on this 10th day Of
1 November, in the year of our Lord, one thou
sand nine hundred and sixteen, personally
came and appeared before me, John Alonzc
| Noodville, notary public, of the Parish
! of Orleans. duly commissioned and quail.
| ned, the persons whose names are signed
| hereto, and who declared that, awaiting
| 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 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 domicile 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 20 conduct garages
| for the sale, lease and storage OF automO-
| bies other vehicles and their accessories
or parts thereof, including the repair thereof
| as well as the establishment and conduct
| 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
| tnOusand collars tSlo,OcuuO) 10 De PAID Tor,
wholly and entirely, as consideration for
| the sale and trapsfer of the co-partnership
now known as 1.-The Motor Car fnn," situ-
| ate and doing business in this city at No
Moulin, Jr, Ray c. Moore and Karl E. Lin
drose, as partners, each with an undivided
one third interest therein, which, together
with the assets of the goodwill of the said
OF fifteen thousand dollars (S15O0OOO, as
will appear from an accurate, detailed and
itemized description of such property hereto
annexed, and read in connection herewith,
Immediately upon the signing hereof. the
said partners will execute a notarial 'act
evidencing such sale and transfer in behalf
Of the said co,Partnership to The Motor
Car Inn, ms presently organized, and
sum of fifteen thousand dollars (Sl5000O)
represented by a certificate to each partner
of five thousand dollars (S5,0O00Ol,- as full
and complete consideration therefor, which
stock. so issued. shall be fully paid in &C
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
vote of three-quarters of all outstanding
the objects and purposes hereof may be
changed in a similar manner by vote of
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 a board, as follows, to-wit:
Ray c. Moore. president, P: o. address
81 St. Charles St; Karl E. Lindrose, vice
president, P: o. Address 81 St. Charles St;
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 a common seal and alter the
same at pleasure and to acquire property
by grant, gift, purchase and to devise or
bequest; to lease, hold and dispose of and
to mortgage and pledge the same, all sub
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
other states, the federal districts, the terri
tories and possessions of the United States
and in foreign countries.
Article VII.-Stockholders meetings shall
be held annually, as provided herein at the
domicile Of the corporation and stockholders
meetings shall also be held when ordered
by the board of directors or the holders of
in accordance with the terms of section 10
and II of the Act 267 of 1914.
Article VIII-No stakeholder shall be liza
bic for any of the debts of this corporation
as the capital stock has been issued fully
paid in conformity with Art hereof
Article Ix.-Service of all legal process
shall be made upon the president and in