The Era-leader., 1917-10-11
CHARTER.
Motor Sales & Service Co.. Inc

State of Louisiana. Parish of Wash.
ington.
Re it known, That on this 18th dav
day Of SEPTEMBER One Thousand
Nineteen hundred aud Seventeen, he.
fore me Delos r Johnson, a Notary
Public inland for Washington Parish
Louisiana, and in the presence of the
undersigned witnesses, personally
came and appeared the persons
whose names are hereunto subscribed
who severally declared that availiny
themselves of the provisions of the
lows of the OF the State of Louisiana,
governing the organization of cor.
porations, they do, by these presents,
covenant and agree, and bind them.
selves, as we'll as such other persons
as may become hereafter associated
with then, for the purpose of forming
and constituting corporation or
body polite in Jaw, for the objects
and purposes and under the stipula-
tions following, to wit.
ARTICLEI. |.
The name and title of this Corpora.
ton shall be Motor Sales & Service
Co., Inc. and it shall have and enjoy
succession and existence for a period
of ninety nine l99) years from the
date hereof, with all powers. rights,
privileges and immunitles accorded to
corporations under the law.
ARTICLE II.
The domicile .sof this corporation
shall ue in the town OF FranklintOn,
State of Louisiana, where all citations
and all legal processes shall be served
upon the president, an in his absence
upon the vice-president, and in the
absence of the vice-preSident on the
secretary thereof in the manner pro.
yided by law.
ARTICLE III.
The objects and purposes for which
this corporation is organized, and
the nature of the business to be carried
on by it are declared to be to engage
in the operation of a general sales
business of Motors and Motor Cars,
Trucks, etc., and in the operation OF
a garage, and car repairing business,
and all other matters incidental 70
such business.
ARTICLE ".
The capital stock OF this corpora
tion is hereby fixed at the sum OF rive
Thousand (s5OOj) dollars divided in
to and represented by <5o) shares at
the par value of (SlOO) each; no
transfer of stock shall be binding
upon this corporation unles the same
appears upon its books. The stock
holders may, in the manner provided
by law, from time to time, increase
the capital stock of this corporation
to such an amount as they may see
fit not to exceed $4,000.
/ ARTICLE V.
The corporate powers of this cor
poration shall be vested in board
of directors to be composed OF not
less than three persons to be selected
by the stockholders at a general
meeting to be held on the lst MONDAY
of January of each year, and eacn
, director shall be a stockholder OF the
corporation. Until the selection 3
hereinabove provided, the following
shall constitute the first board OF a
rectors, viz: Delos j. Magee, }, Frea
, Bateman and Magee w. OFT, all OF
whose address is Franklinton, Wash
ington Parish Louisiana, with Delos
j. Magee, president, Magea w. W.
vice.president, and Fred j. Bateman,
secretary-treasurer.
J ARTICLE vi.
at the termination of this charter
or the dissolution of the coraoratlon,
its affairs shall be liquidated D!
three stockholders as liquidatlng
commissioners to be selected by 1he
board of directors.
ARTICLE VII.
The names of the stockholders, thelr
t address and the respective number Oh
shales subscribed is hereunto az
tached and shown by the signatures
q of the parties hereto, and is HEREBY
constituted the original subscription
list.
Thus done and passed at my ohlss
{ in the town of Frankiinton, Washlhs.
ton Parish, Louisiana, Oh the day anu
: date first above written, and in 'n0
= nresence of f. B. Lee and Paul Il
cro.,,aw competent witnesses, "no
Z horounto suhscrihed their names