The herald., 1918-07-04
CHARTER
ten days and they have failed Or A..
70 nnrChaSe same. ~

ten days and they have failed AZ A..
to purchase same.
Said corporation may and h b.,1,
serves the right to purchase. r,dr.~ :.
and cancel any and all Of he th.p ,,,,..
ing preferred stock Of the eorporst,up a. !
SIXTY days after the end Of any isa =
in such amounts from time to lin. d
such manner as the board Of drecu =
determine, by paying to the respectr, "
ers Of the stock so retired, or BY d,,us
10 their order al the office Of tie an,
sum or sums equal to the oar r,r
the preferred stock so retired and cavr.
together with all accumulated and m
dividends thereon, if any, plus he q,
ten dollars $1,000 per share. Ia n
such deposit, written notice thsreuf 4 |
forthwith be given to the respective N .
Of the stock so retired and cancelled y =
ing such notice TO such holders Ct thsr 4
known place of abode or business, i in
by the corporate records
ARTICLE V-No stockholder shall us L
held personally liable for he faults =
tracts Of said corporation in any furhr : |
than the unpaid balance due to he on
ton on the shares owned BY hin, nr u
any Mere informally have The eth. |
rendering the charter null, Or Of ura
any stockholders to any personal hisr
beyond the unpaid balance due on hH ID
ARTICLE VI-All the corporate psust
this corporation not reserved By Law J |
stockholders shall be vested in sri -
cised by a Board Of Directors 10 h .
posed OF not less than three s:ckAfr |
nor more than five, holding common "a
majority of those elected shall c1z,>
quorum to transact business. Ik d.
tors shall be elected annually BY hk
the holders Of common stock, a rr7
convened for that purpose after tiiitr y
written notice to each stookhoIdef nrd |
his last address as per the books & ne
poration. The preferred stock snail nHs
voting power.
The Directors al their first ntsiig
at each annual meeting shall EXC
their number a President, VletRrnA
a Secretary and a Treasurer, Which ny
named officers, however. may o o.
at the pleasure of the Board. In y
meeting for the election Of difestn =
take place on the third Tuesday u JAZZ
Of each year.
The meeting of the stockholders .
election Of the first Board OF Dr'a1r
serve until the election on the nin y
day in January 1919, will be hea I"
20, 1918.
The failure TO elect directors Or Do.
annual meeting shall not dissolve =.
the corporation, nor impair its naa4
in any respect, but the directors y -
shall remain in office until fnef s''
are elected and qualified. -, Al
ANY vacancies occurring IN sag 80 -. :
be filled from the other sfocknonis =.
the unexpired term by the renain@
tors. .--.-..<.
ARTICLE VII-This act Of in1f!
NAV be modified, changed or aisS y. J
vote OF two-thirds OF the stock q ~ 80
poration at a meeting Of the ~ =
duly called for that purpose, prou
ever, that the objects and pufpI'a - 4
corporation shall not be ehanseo', -
capital stock shall not be inefeasss -
than the maximum permitted N = 4
act OF incorporation, nor dee1ear ..s
a1,o,,n, less than the coroofate inoep@t n
A change in objects and purposes ~ -
ever. be voted by all stock tneie'es !, D
and an increase Of the capital - !. .
cess of the amount originslly nanss -
sum 10 which the capital may e = Z
nav be made by three-fourths Of "
standing stock. a.. cnp
ARTICLE VIII-Whenever lns 4 Il
ton is dissolved, either By i,,n !. Esui5s5
other cause, its affairs snaii t;..;l511
by two stockholders elected y -
commissioners at a general mee 100 ~
holders 70 be convened for thar -, y
90, Jays n-evious notice shall =. Il
given 10 each stakeholder nahes ~ -
known address as il appears W ;u;h,4
Of the company. The SAID ~ q
Commissioners shall remain IN - -, -
the affairs of the corporation so, -, ~
settled and liquidated and sn1S "a ~.
10 receive all the assets fnefea = ~ 8
butte the proceeds, If any, ana 4 .
any vacancies by death or otne' r-- a. ;
~ -bs manufacturers, such vsesnu
filled nv the remaining oomniss''' y
ARTICLE IX-The subscriD en-, ans |.
respectively written opposite ine - . ,
amount of stock subscribed py u ;ror1df
cornoration. so that this set ~s;;al >
tion NAV also serve as inc "a -
scription list Of the cor2ofano.; l,,sa :
have stated their post ofiiee "a ~
as 70 conform with Act No. - sa;rt . ,
Thus Done and Passed at y ,ss;asrk 2
Civ Of New Orleans, State o. -, srrr
The dsy month and year frs, s'w Wa =
in the presence of Joseph l. :,,,ues
Percival III. Stern, competent ~ 10 y
siding in iris Parish, who here1'~ -. no
names with said appears sna
after reading of the whole
Original Signed x-.h.v of So,
Names, Address, and Nu G.. No. y
lowering Moore. +4 Wainm - -
leans, La, IS shares, pfeie =.
'o Ta%e9 T. A. For.ier. 900 Dsss,s ) !,
Oyisans La. One share, eoa AZ. y
7 G Menefee, 1903 St Cnail1s -
Orleans, La, Thirty shares
'H Witnesses: ]. L. Weiss, Z nvenYfJx.
""H''' FELIX J. Dksvs
I. the undersigned, RecoroGs a,.sas -
in and for the Parish OF ,Iat IL
Louisiana, do hereby eeTtlIy orztioa
and foregoing Act of-ineo' lsc -
"Standard Motors Finance oi6cs . =
this day duly recorded IN ny
1919. Folio 775. ,e,s =
CSiened) EMILE ]. tEiI "A
A true copy from the orsinnnR fY1lSs
May U-yune 6-i'-nu,July -
VII