The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-01

carry on the business Of said corporation.
Article III-The amount Of the capital
stock of said corporation shall be ten taoI.
sand dollars lSl0,W00W, all OF which shai;
lr common stock and none 81 Ml!ch sad-'
be preferred stock.
Article IV-The amount TO which the cap
ital stock Of SAID corporation may be m
creased shall be twenty-five thousand DOL
lars tS25VOOO 49,,
Article V.-The number of shares OF which
the sad capital stock OF ten thousand dol
lars fSiuDOUD Of said corporation snail con-
sISt, snail be one hundred GlO) shares OF the
par value OF one hundred dollars lSlOLCO
per share, the shares Of said corporation to
remain at one hundred dollars CSlOON) an
The event of the increase OF the capital stock
OF said corporation beyond ten thousand dol
Article VIGThe location Of the domicile
i said corporation shall be in the City OF
New Orleans, in the Parish OF Orleans, an
the State OF Louisiana
Article NII.-The period OF duration OF
said corporation shall be fifty (5O) years.
Article NIII.-The number OF directors OF
said corporation shall be three 90. The off,
GERS Of said corporation shall be those pro-
vded for by law, and such other ottcers as
may be provided for by the bylaws. The
names and post office addresses Of the dlrec-
tors Of said corporation who are selected to
serve for the first year or until their sue
cessors are elected and qualified shall be as
follows, tO-wit; Thomas +. Steele, New Or
leans, La, George Steele, New Orleans, La,
Julian NJ. Sherrouse. New Orleans, La; with
George Steele as president and Julian VI.
SherrouSe as secretary and treasurer.
Article IX-The names and post office ad-
dresses OF the subscribers to these articles
Of Incorporation and statement OF the num-
Der OF shares of stock which each subscriber
lows: Thomas f. Steele, New Orleans La,
sninety-eight shares; George Steele, New Or
leans, La, one share; Julian NJ. Sherrouse,
New Orleans, La, one share
Article Mach share OF stock shall be
identified to one vote. There shall be no
cumulative voting.
Article XI-The Board of Directors OF said
corporation shall be, and are hereby invested
with all the corporate powers OF said cor
poration, including among other powers the
following, viz: the power 10 make, alter
and amend suitable bylaws for the govern
ment of said corporations; the power TO Dor
row money, execute mortgages, issue notes
or bonds, 20 sell or pledge the same, and
generally to do all things pertinent to, OF
| necessary for the objects and purposes OF
| said corporation, or which are or may be
| permitted by the laws applicable TO corPo
| rations the above recital OF powers granted
| to the board OF directors not being exclusive
| the intention being to invest the board Of
directors with all such other and further pow
ers as may be proper to accomplish the >ob
| jects and purposes of said corporation.
| Stockholders meetings for the election o.
| directors of said corporation shall be hello
annually on the second Tuesday of January
L
/ president, the secretary and the treasurer
shall be authorized to receive service OF al
Illegal process.
| Thus done and signed, in my Office, in tn,
| City of New Orleans, in the presence o
| James E. cunts and jamie Wayne, compe
tent witnesses, both of this city, who hav,
| hereunto signed their names with the salt
| appearers TO these articles of incorporation
| and me, notary, on the day and date frs
above written, and the said subscribers d
hereby subscribe for and agree TO pay 70
the number of shares set opposite their sew
erral names.
Original signeG: Geo. Steele, one share
Julian NJ Sherrouse, one share; T. F. Steele
nnety-eight 9S) shares.
| Witnesses: James f. cunts, jamie Maynt
CHARLES SCIINEIDAU, Not. Put
/, the undersigned recorder of mortgage.
in and for the Parish of Orleans, State c
and foregoing act of Incorporation of tn
! "Sherrouse Steele Motor Car Co., Inc" wa
this day duly recorded in my Office in boo
1901, folio 7l6.
New Orleans, January ?, 1917.
(Signed) EMILE J. LEONARD, by. R.
| I. Charles Schneidau, a notary public
| and for the Parish of Orleans, and City
certify that the above and foregoing is
true and correct copy from the original az
of incorporation of the "Sherrouse-Steele Nj
tor Car Co., Inc.," as well as of the cert
cate of the recorder of mortgages, theret
, appended, the whole on file and of recor
; in my Office
In faith whereof, I have hereunto set m
hand and official seal at New Orleans, Lol
isiana, this third day of January, 1917.
CHARLES SCHNEIDAU, Not. Pul
, Jan II IS 25 81 feb Is