The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08

capita, stock have been subscribed aad paid
/ Article VI-Ai the corporate powers d:
. .hr> corporation shall. hc vested in, and the
affairs couiv-'rd Nv o board Of directors
composed OF three S.pckh5ldc-s, Two Of WHOM,
. shall. constitute a quorum, no member o;
sad board 70 aHr o- subscribe Tor less than
me share Of stock sad directors shall be
" elected by ballot 81, a genera. meeting o.
he ,.1ckh1lde-, 90 he held on the first
tuesday ai;c- the second Moudoy III Jan
ua-y, .ala, and annually thereafter on that
+ In the meanwhile the following s,ockhold-
-~> shall serve a. directors. to-wit.
Clark Hines, Aaron Levy and AdolPh Die
.r0;hal, with Aaron Levy as pres dent. Clark
Hines as v;se-p-es,icnt and Adolph Dleten-
-hai "a, secretary treasurer. Every stock
holder shall he entitled. in person or by
proxy. 10 one vote i0g every share OF stock
owned by him. All elections shall be held
under such rules and regulations a may be
determined by sali board Of directors. Ten
days written notice, directed 10 the las,
hnawu address Of every stockholder shall
1e given Of all elections.
The directors ;hus elected shall continue
m Office until the second Monday OF Jan
nary 1918. or until their successors shall
have been elected or qualified; any failure
10 elect officers or directors shall not be
considered as forfeiture Of this charter.
Any vacancy occurring IN the board Of d.
. rcC-orS shall he nllrd by the remaining d.
-ec,ors i3r the uneNplred term. A majority
. II the directors al meeting shall oonstI-
/ .ute quorum Tor the transaction Of any
I business.
said board OF directors Is especially vested
v.:h the power ard authority 10 mortgage
rr pledge the property, real, personal and
mixed, Of the corporation a. they may deem
III and proper. 10 purchase, hold, own, mort
gage pledge, lease and dispose Of real e.
ate, improved and uu.mproved. city and
country, go execute mortgages, issue notes
bonds and other evidences 81 debt and 1
pp-ryw and lend money on same TO and iron
individuals, ArIs and corporations, al suc1
times, :r- such prices and upon such terms
and conditions, as they may deem advisable
SAID board Of directors shall make all III,
. -u.cs regulations and bylaws fo- the gov
. eminent, control and management OF The
business and affairs OF the corporation, anl
tlte-, amend and change the same al pleas
IRE.
The following stockholders are hereby de
c.ared TO be the nr,; board OF directors O
, his corporation. all %; whom shall hold OF
nee until the second Monday Of January
1918, or until their successors shall have
been elected and qIallned: Clark Hines
lDi2 Orleans St. Aaron Levy, L704 Rober
] street and Adoiph DIeienthal, I02 Rooer
! street. with Aaron Levy a. president. Clarl
Hines as vi,e-p-esidcnt and Adolph Die.en
thai As secretary treasurer.
Article vino StoCkhOlde- shall ever b
held liable or responsible Tor the coHtr2c,
Or faults OF said cooperation in any fuTthe
e sum .han the unpaid balance due tn
y shares OF stock owned by him. nor shall an
) mere Irtormality IN organization have II
fey: Of rendering thIs charter null or eT
g1sing- st0ckho'der to any liability beyOn
! the amount Of his unpaid stock, nor sha
any iuioEmalliy or lrTegularlty in organIza
V non ever have the efec: OF rendering an
| stoCkhoider liable as a partner.
70 Article NIII-This act OF incorporate
shall be changed, modified altered q
-hrs corporation shall be dissolved, with III
+ assent OF two-thIrds (2-3 OF the stock {
he ~H.-rar,- a. T0vr M
general meeting called for that purpose, ate
., | prior notice in writing 70 each stockholde
, or mailed to him at his last known post o.
hoe address, in accordance with the term
r, A; the expiration Of this charter or III
d earlier dissolution OF this corpoTattlon Il
d by one or more liqudators to he elected b
5, the stockholders, all OF whom shall hol
/ stock IN said company and the said commits
s | Sio-erS are hereby vested with full pOwt
and authority to lquida;e the affairs OF sal
IS company in accordance with the terms
10 section go Of Act 267 of 1914.
e Article IX-The appearers hereby declai
e that they have subscribed to the numb'
e If shares opposite their names, and the sll
: natures thereto shall constitute ter orii
e natures thereto shall constitute their orlI
corporation in the proportion set opposi
e their names.
:, Thus done and passed, in my notarial ofit
e in the city OF New Orleans, on the da
n, month and year herein first written and
to he presence OF Herbert W. Kaiser ar
Or Martin II. Manion, competent witnesses, vi
lie hereunto subscribe their names, with u
ct said appearers and ne, notary, after d.
reading OF the whole.
r Signed: Aron Levy. % shares; Clai
v. Hines, IS shares; Adclph Diefenthal,
II | shares.
Is Witnesses: II. w. Kaiser, NJ H. Manic
Of MEYER S DREIFUS, Notary Publ
~ l. the undersigned recorder of mortgage
;, for the parish OF Orleans and City OF Ne
T. Orleans, do hereby certify that the abo
Al and foregoing act OF incorporation Of I
~ Motor Parts Company, Incorporated, was Il
- day duly recorded in my office, IN book p
y folio -.
e; New Orleans, December 30, 1916.
~ CSigned) EMILE J. LEONARD, by. R
n A true copy from the original act.
" MEYER S. DREIFUS, Notary Public
no / hereby certify that the above and To-
~ going is true and correct copy OF the or
ns NAL OF record and on file in my notar
MEYER s. DREIFUS, Notary Publ
10 | Ian IS % feb