The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08
CHARTER
OF MOTOR PARTS COMPANY, INCOR
PORATED.

State OF Louisiana. Parish Of Orleans, City
OF New Orleans.
BE it known and remembered. that on
this 18th day OF the month Of Dece I PEI
sixteen and Of the independence OF the
United States Of America, the one hundred
and forty first, before me, Meyer 5. Drelius,
a notary public duly commissioned and quail
fled, and in the presence OF the witnesses
hereinafter named and undersigned:
Personally came and appeared the persons
whose names are hereto su6scrlb bed, sno
declared that, availing themselves OF the
provisions of the laws OF this state relative
20 the organization Of corporations, and more
particularly to Act 267 OF the General As
year 1914, they have covenanted and agreed
and do by these presents covenant ana agree
to bind, form and constitute themselves
IS we'll as such other persons as may mere
after Joint or become associated with them,
| for the purpose OF forming themselves into
an association and body polite in law, tor
the objects and purposes and under the
| agreements and stlpulatlons hereinafter SCI
| forth, t0-w!t:
Article 1.-The name and title Of this cor
| marathon shall be the Motor Parts Company,
| Incorporated" and under that name 1t snail
| have and enjoy all the rights, privileges
| and advantages conferred by the ota'e oi
| Louisiana on corporations IN general, and
| shall exist for a period OF nlnety-nlne years,
| untiless otherwise dissolved, beginning from
| he date Of this act OF Incorporation. i,
1
| be sued to buy and sell, hold, own, lease,
mortgage and hypOthecate and pledge prop
! erty, real, personal and mixed; 70 name
| elect and appoint managers directors ano
| clerks and other employees 10 property con
duct it's corporate business, and to make Dy,
| laws rules and regulations as may be tounc
| necessary or desirable for the management
Of this corporation, and shall do everything
20 correctly carry out its objects and pur
poses.
Article 1.-THE domicile of this coIpo
ration is hereby declared to be the III
| Of New Orleans, State OF louisiana Al
citations and other legal process shall b.
served upon the president, and IN the, 40
sence of the president on the vlce-presiden'
and in the absence of both OF them, upo'
the secretary treasurer OF the corporation;
Article III.-The objects and purposes 70
| which this corporation is organized and IN
| business to be conducted by It, are declare
p | 10 be the general business OF repairing au
tomobiles, engines, motor boats ana oos.s
automobiles, and parts thereof 10 repai
J electric batteries and charge same; ana I
do a general automobile repairing business
TO handle any and all automobiles or noto
boat accessories, in fact TO do any and al
things necessary or incidental to the con
Quoting of an automobile repair shop.
Article Iv.-The capital stock Of this cor
4, poration is 10 be FIVE thousand dollars tSo
. | NO0OO. divided into fifty shares Of the pa
value OF one hundred dollars per share
J Twelve hundred dollars OF the capital stoc
r II this corporation shall be issued IN lie
. II all the tools, equipment and stock in trad
Of Clark Hines, now situated IN premise
; 21l North Carrollton avenue, this city,
per an inventory Of said stock which wa
= exhibited TO the said incorporators and &C
cepted at that valuation.
Said stock shall be represented by, cert
: ! hcates Of stock 20 be issued az such tim
and for such amount, at the price and upo
, he terms and conditions as the board Q
directors shall see fit and proper, and shaI
be paid for in cash or its equivalent I
; property. as the Board of irectors. shall de
: eide. All shares shall be full paid and nor
! assessable. No stockholder shall have IN
: r ght to sell or otherwise dispose of his stoc
! in this corporation, without first offerin
: same to this corporation, and 20 the ind
i vidual members Of this corporation, at tn
4 cook value thereof, and this corporation
authorized 10 purchase said stock at sai
=. book value for the benefit Of the other stool
5 holders of the corporation Should the CO.
: poration decline TO purchase said stock n
= shareholder shall have the right OF optic
! to offer said stock for sale to any other pc
: son or persons, firms or corporations.
J. Article V.-This corporation shall be . g.
II ing concern when thirty-eight (30 shares I