The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03
CHART TER
CHARTER
OF RRES MOTOR CnNTpANN TNT

OF RRES MOTOR COMPANY. INC.
United State Of America, State Of Louis-
ana, Parish of Orleans.
BE II known and remembered. that on this
Z'h day Of April A d. 1917, before me,
James Joseph Alcee Fortier a notary public
IN and for the Parish Of Orleans and State
Of LOUISIANA duly commissioned and quail
ned, and IN the presence Of the witnesses
hereinafter named and undersigned. person
ally came and appeared the persons whose
names are hereto subscribed, who declared
that, awaiting themselves Of the provisions
OF the Constitution and Laws Of the State
u Louisiana relative to the organization Of
corporations. and particularly Act No 267
Of the General Assembly OF the State foc
the year 1919, they have covenanted and
agreed, and do by these presents covenant
and agree and bind themselves, their heirs
successors and assigns, and such other per-
son or persons as may become associated
with them hereafter, into a corporation &C
cordIng to law, and under the terms and
stlpulatlOns hereinafter set forth, which they
adopt as the charter of this corporation.
BE It further known and remembered that
Harold A. Bres, hereInbelOw a subscriber
to the herein after reCited Articles of IncOr-
pOratIon, declared unto me that he does by
these presents, IN payment OF his subscrip-
ton TO stock. hereby transfer to the Bres
Motor Co, Inc, all his rights, title and
interest in and 10 a certain contract with
the Ford Motor Company, acquired by him
from the said Ford Motor Co. in April
1917. whereby he was given the agency for
Ford cars with headquarters in Hammond,
La.
Article 1.-The name, style and title of
this corporation is declared to be the "Bres
Motor Company, Inc" and its dyrjcile is
hereby fixed and established in the city of
New Orleans, Orleans Parish, louisiana
where, by its said name, it shall have and
ENJOY corporate succession for period of
ninety nine (99) years from this date. unless
sooner dissolved by law, or in the manner
hereinafter stipulated
Article II.--Under the said name and title,
this corporation is to have the power to
contract, sue and be sued, to make and use
a corporate seal, the same to alter or change
at pleasure, to acquire, sell, convey, lease
hold, mortgage, pledge and hypothecate prop
erty, real personal and mixed; TO adopt,
make and enforce such bylaws, rules and
choose not contrary to the laws of this
State, the United States or the provisions
OF this charter; to employ and FIX the COM
pensatlon OF such officers. employers or
agents as the interest OF the corporation may
require; and generally to do and perform
any and all other acts and things necessary
and proper, or incidental 10 the successful
operation and carrying out of the business
outlined IN the section declaring the objects
and purposes of this corporation
Article IlI.-The objects and purposes Of
this corporation are declared to be: The
ouying selling. dealing in, leasing, storing
and repairing Of automobiles and motor We
hicles Of all kinds and description. and their
parts and accessories, and supplies there
Tor, and appurtenances thereto, for its own
account and as agent for others; to operate
automobile garages, and to manufacture au-
tomobiles, automobile tops and bodies, and
other parts, supplies, accessories and appur-
tenances, and TO engage in such other bus
mess as may be necessary or incident there
to as may. from time 20 time be found nee
essary ard expedient.
Article IV.-The capital stock of this cor
poratlon is hereby fixed at the sum of
seventy-five hundred (s7,5OOOO) dollars, to
be divided into seventy-fve C70 shares OF
the par value of one hundred $4,000 dol.
lars each. No stock shall be issued for
be paid for in cash except that the same NAV
be paid for in property, or by valuable
services rendered to the said corporation
provided the transfer of stock shall be
made only on the books of this cornorat;on