The herald., 1918-05-23
CHARTER
OF DEMACK MOTORS COMPANY IN

| vi n,
| United States of America. State of Lou
| isiana, Parish of Orleans, City of New
| Orleans.
BE it known. that on this sixth day OF
| the month of May, in the year of Oul
| Lord one thousand. nine hundred and
| eighteen. and of the Independence of the
! United tSateS of America the one hundred
and forty second: Before me, W. Morgan
! Gurley, Notary Public duly commits
| stoned and qualified in and for the Par
| ish of Orleans, State of Louisiana. per
sOnally came and appeared the several
| persons, whose names are subscribed here
! to, who declare that, availing themselves
/ of the laws of the State of louisiana in
such cases made and provided. and par
tiCularly of Act No. 261 of 1914. they de
sire to, and do hereby, form themselves
into corporation under the name. and
for the objects and purposes. and under
the terms and conditions, hereinafter set
forth.
Article 1.-The name and style of this
Company, Inc" and, under this name it
shall have all the power and authority
conferred upon corporations by the laws
o. the State of Louisiana and of the I'm
tied States of America. 1t shall have eX-
iStence for "A period of ninetysnine years
from this date. unless sooner legally dis
solved. 1t shall have power to contract,
sue and be sued, in its corporate name
to make and use corporate seal. and
the same to break or alter at pleasure
t. hold, receive lease, suitcase, purchase.
sell, convey, and exchange property, real,
personal, or mixed; to mortgage. pledge.
or hypOthecate the same; to borrow or
lend money, securities, and valuable
things generally, in any matters connect
corporation; to issue bonds. notes. and
other obligations and negotiable inStru-
ments, and commercial paper generally /:
to appoint such officers, agents. manag-
erS, and employees generally. as the bus
mess and interests of the corporation may
require; to change, modify. or amend this
charter, and to establish. alter and amend
all rules, regulations and bylaws for the
conduct and management of the business
of the corporation in any way conform
able to the law.
Article 1.-THE dOmicile of this cor
poration shall be in the City of New Or
leans, State of Louisiana, and all citations
and other legal process shall be served
upon the President of this corporation. or
in the event of his absence or inability to
act. then upon the Vice President
Article III.-The Objects and purposes
for which this corporation is organized,
and the nature of the business to be car
ried on by IL, are hereby declared to be :
The manufacturing, buying, selling, ex-
dealing in automobiles. autO-trucks, aero
planes, hydro aerOplaneS, and similar
craft. and motor-prOpelled vehicles and
objects of all kinds; the manufacturing
buying, selling, exchanging, and general
dealing in parts, equipment. accessories
and supplies for the said motor propelled
craft, vehicles, and objects of all kinds:
the assembling, repairing, rebuilding, rem
ovating, and Improvement of all such mo-
tor-prOpelled craft, vehicles. and objects
of all kinds, and any parts or portions
thereof; and. likewise, the assembling. re-
pairing. replacement, rebuilding. renOvat-
ing and improvement of any and all parts
equipment, accessories, and supplies gen
orally for the said motor propelled craft,
vehicles, and objects of every kind; the
right to store. care for, and keep all such
motor propelled craft, vehicles, and OBJ
jectS, equipment. parts, accessories, and
supplies for the account of others. and
upon such terms and conditions as the
corporation may elect, as well as for the
corpo' atoms own account; the right to
handle and dispose of such motOr-prO-
PEELED craft. vehicles and objects, equip
ment, parts, accessories and supplies, as
the agents of others, as well for the
corporations own account. and to make
such contracts relative thereto. as the cor
pOratior may elect, and generally to act
as an agent or intermediary, in any ca
pacitN. Tor any person. or persons. firms.
or corporations, doing business in the line
of motor propelled craft vehicles. and
objects, and any accessories parts or
supplies OF whatever character, relative
thereto or connected Herewith whether
as now existing or as hereafter to exist
and TO make all contracts and agreements
COnSOnant Herewith: to engage, conduct
ana operate any line of business, Incl
dental to the main business hereinabove
stated or any business properly suScep-
tible of being conducted through the char
acter of the property TO be handled by the
This corporation shall have the right to
acquire. either in whole or in part, the
business assets. good WILL and the like of
any concern engaged in line of business
similar to that authorized by the charter
Of this corporation, and to pay for the |
same in cash, stock, or in any other law
full way.
Article lV.-The capital stock of this |
corporation is hereby fixed at the sum of |
one hundred thousand (S100,OO0.00) dol |
lars, divided into one thousand shares of /
he par value of one hundred dollars each /
The capital stock of the corporation may |
De increased TO the sum of one hundred |
md nifty thousand dollars.
No stocklSlder shall sell or dispose of /
my of the stock of this corporation,
without first having offered the same for /
ale TO the other stockholders, by a letter
addressed to the President or to the Board |
4 Directors of the corporation naming
herein the lowest proposed price of said
took and the proposed terms of sale At