St. Tammany farmer., 1917-05-19
CmARTEns

C0ARIEHS
o-ovOcS~-o~S~~o.o~~ o~~o~c.c~.~~-~c-c~~s~
and especially OF Act 267 Of the Cen
eral Assembly Of the State OF LOUISE
ana, for the year 1914. they have
covenantsd and agreed, and by these
presents do covenant and agree, and
bind themselves as we'll a. such other
persons as may hereafter become as
sociated with them. or their success
sors, to form and constitute . body
polite in law, for the purposes and
objects, and under the stipulatlons
and agreements, hereinafter set
forth. which they hereby adopt az
their charter, to-wit:
ARTICLE I.
The name and title of this cor
poration is hereby declared to be
Auto Trailercar Company,
Incorporated,
and it's domici,e shall be in the town
of Covington, in the parish OF st.
Tammany, in the State Of Louisiana,
and by this name 1t shall have and
enjoy existence and succession for a
period of ninety-nine (99) years
from and after date hereof. unless
sooner dissolved by law or by the
consent of the stockholders as here
matter provided.
Under this name this corporation
shall have the power and authority
to contract; to sue and be sued; to
make and use corporate seal with
such inscription and device as may
be selected therefor by the Board of
| Directors, and the same to break or
alter at pleasure; to hold, lease. re-
| ceive, purchase, sell, convey, alien
ate, borrow, pledge, mortgage and
hypothecate, under its corporate
name, property, real, personal and
mixed, movable and immovable; to
issue bonds as the law permits, as
| we'll as notes and other obligations;
to name and appoint such officers,
directors, managers. agents and en-
ployees as the interest and convent
ence of said corporation may re-
quire; to make and use such bylaws
and rules and regulations for the
proper management of its affairs as
may be deemed necessary and prop
er, and the same to reasonably
change. at pleasure; and to do all
others acts and things permitted by
law, or such as may be necessary
for the proper conduct Of its affairs,
or to carry into effect any of the
powers, privileges and immunities 1t
is permitted to hold and exercise un-
der the laws of the State Of Louisi
ana.
ARTICLE II.
| All citations, or other legal pro-
cesses shall be served on the preSi-
dent, or in his absence, ON the vice
president, or in his absence, on the
secretary-treasurer of this corpora
ton, at its domicile, in accordance
with the statutes of the State of Lou
isiana, relative to making service on
IcorporatiOns
ARTICLE III.
The objects and purposes for which
this corporation is organized and es-
tablished, and the nature Of the
business to be carried on by 1t. are
declared to be: To buy, sell, lease
store, repair, rent, alter, manufac-
ture and deal In Trailercars, trai,ers
automobiles, motor vehicles and
other types of vehicles, of all de-
scriptions, and their parts, supplies
and accessories; and to manufac-
tHre, sell and deal in bodies, tops and
all other parts, supplies and acces-
sories pertaining to Trailercars
Traiiers, Automobiles, Motor We
hieles and other. types Of vehicles. OF
all descriptions; at wholesale and re.
tail; and the same, with other prop
erty, real, personal and mixed. NOV.
able and immovable, to hold. lease
receive, purchase, sell, convey. ellen.
ate, borrow, pledge, mortgage and
hypothecate, as may be necessary tt
the prosecution of its business. II
shall also have power and authority
generally to do and perform any and
all acts and things pertaining to the
business above enumerated, connect
ed Herewith or arising therefrom o.
needful in the conduct thereof, a.
are necessary, either in the State ol
Louisiana, or elsewhere, and to have
all the, rights, privileges and imhun
tiles now granted by law to corpora
ticns. and such additional rights
privileges and immunities as maj
hereafter be granted by law to cor
porations. And, for the purpose o1
attaining or furthering any of its OBJ
fjects, to do any and all other act.
Land things, and to exercise any ans
all other powers which q copartner
ship or natural person could do ani
| exercise. and which now or hereafter
may be authorized by law.
ARTICLE ".
i The capital stock Of this corpora
tion is hereby fixed at Five Thousant
($5000) Dollars, divided into anf
represented by fifty (50) shares o
stock, of the par value Of One Hun
dred ($10O) Dollars each, which
shall be paid for In cash when sub
[scribed for, or in such manner al
is provided by law, and as the Boart
of Directors may require The par
ties thereto declare that they hereb!
subscribe for the number Of shares
set opposite their respective sigma
lures hereto, or in an aggregate o.
Five Thousand Dollars.
| All Of said stock shall be Common
Stock.
The capital stock OF this corpora
tion may be increased to an amour
not exceeding Twenty Thousand
($20,00O) Dollars by a vote of two
| thirds (2-3) OF all Of its stock pres
ent or represented at any meeting
called for that purpose. Should th'
| stock be increased. the stockho,der'
at that time shall have the right tt