The herald. [volume] (New Orleans, La.) 1905-1953, 1917-11-08
CHAR TER
OF EDWARD

OF EDWARDS MOTOR co, INC.
State Of louisiana Parish Of Orleans, Cisy
Of New Orleans.
Be it known, That on this twenty-seven,h
day OF October, in the year one thousand
nine hundred and seventeen, before me.
William Waller Young, notary public, IN
and for the Parish of Orleans, State OF Lou
isiana, duly commissioned and qualified, and
IN the presence of the witnesses hereinafter
named and undersigned: Personally came
and appeared:
The several persons whose names are here
unto subscribed, all above the full age OF
majority, who severally declared that, avail
ing themselves OF the laws OF the State OF
Louisiana, and especially the laws relative
covenanted and agreed to bind, form and
constitute themselves, as well as all such
other persons as may hereafter join or be-
come associated with them. into a corpora
ton and body polite IN law, for the objects
and purposes and under the articles, agree
mentS and Stipulations following, to-wit:
Article 1.-The name, style and title OF
this corporation shall be Edwards Motor
Co.. Inc, and, under that name, it shall have
and enjoy all the righs, advantages and
and shall exist for the full term and period
OF nInety-nine (9O years from this day. 1t
shall have power to contract, and be
sued: 10 make and use a corporate seal, and
hold, receive, lease, purchase, sell and con-
vey, as well as mortgage, hypothecate and
pledge property, real, personal and mixed,
corporeal and incorporate; TO name and ap-
point such managers, directors, officers,
agents and other employees as it's interest
and convenience may require, and TO make
and establish, well as alter and amend,
from time TO time, such bylaws, rules and
regulations as may be necessary and expe-
dent fo- the proper management and gov
er al ne n
Article 1.-THE domicile of this corpora
ton is hereby fixed in the City of New Or
leans, State of Louisiana, and all citation or
other legal process shall be served upon the
President of said corporation, or. in his alb
sence, upon its Secretary Treasurer.
Article III.-The objects and purposes of
this corporation, and the nature of the bus
mess to be carried on by it are hereby de.
clared to be:
To buv. sell, repair, and generally deal in
automobiles, automobile trucks, and other
motor driven vehicles and bicycles and au-
tomobile and bicycle supplies, and all other
business incidental to the retail and whole
sale automobile, automobile truck, and bi.
cycle business; to promote and assist nm
ancIally. any person, firm or corporation en-.
gagged in the business of selling automo-
biles, automobile trucks and other motor
driven vehicles at retail wholesale; to
accept in pledge automobiles, automobile
trucks, or other motor-driven vehicles for
TO keep and store said automobiles, automo-
bile trucks, and other motor driven vehicle
pending their redemption; with the right and
power to do any and all things necessary or
connected with, or in any manner incidental
complementary to the objects and pur-
poses therein set forth.
Article IV.-The capital stock of this cor
pOration is hereby fixed at the sum of ten
thousand dollars (sl0,OO0OO, to be divided
into and represented by hundred C00>
H. 6 II
dollars, each. The capital stock of this cor
poration may be increased to the sum of one
hundred thousand (slOO,OOOOO) dollars.
Article V.-All the corporate powers of said
corporation shall be exercised by Board
Of Directors, consisting of not less than
Three, and not more than Five stockholders.
a majority of whom shall constitute a quo
rum for the transaction of business. The
Board of Directors shall elect annually from
their number President, VicePresident and
a Secretary Treasurer.
The first Board of Directors shall consist
of three stockholders, and shall he composed
Of John X. Edwards, George II. Edwards and
Edwin w. Edwards, with John K. Edwards,
President. Edwin w. Edwards, as Vice
President, and George II Edwards. as Sec
retary-T Treasurer.
The post Office addresses of said directors
are as follows:
John X Edwards, 1901 Canal Street New
Orleans, La. George II. Edwards. p o. Box
III, Bay st Louis. Miss; Edwin w Edwards,
p. o. Box H7, GulfpOrt, Miss.
These directors and officers shall serve
until the second Wednesday of September,
1918, or until their successors have been duly
elected and qualified. The annual meeting
of stockholders for the election of directors
shall be held on the second Wednesday in
September of each year, unless said dav be
legal holiday, and then the next bank
day thereafter. Each subscriber hereto sets
after his name his post office address and
statement of the number of shares of stock
L. Il, l.. H.
Article Win the event of the liquidation
or dissolution Of this corporation, the stock
holders shall elect two liquidators from among
their number, at a meeting convened for
that purpose. after ten days written notice
sent to each stockhOlder bv mail. TO his
last known address: said liduidators shall
have the authority to wind up the business
and affairs of this corporation.
In case Of death Of either of said lidui-
dators, the survivor shall appoint a stock
holder as successor TO him.
Article Widths charter NAV be modi-
fed, CHANGED or altered, or said CORPORATION
may be dissolved, with the assent of stock