The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-12
CHARTERS.

ness in all parts of the State of Louisiana.
ARTICLE IV.-The capital stock of this
corporation shall be Five Thousand Dollars
S5.OOOOO) divided into one hundred shares
OF the par value of fifty dollars $4,000 per
share, and this corporation shall be a going
concern when its entire capital stock shall
have been subscribed and paid for. The
capital stock OF this corporation shall be
paid for in cash, or its equivalent in mcr-
chandise property or other valuable consid-
erations enuring TO the corporation, accord
ing TO the judgment and findings OF the cor
p0ration.
ARTICLE VI-All the corporate powers Of
this corporation shall be vested in and
exercised by a Board Of Directors 10 be
composed OF not less than ), nor more than
seven members a. any time, all OF whom
shall be stockholders Of said corporation and
shall be elected al meeting held for such
purpose on the first Monday Of August Of each
calendar year, and three members shall con
Stitute a quorum for the transaction Of BUSH
ness. After each board Of directors is elect
ed there shall be elected from their number
President, Secretary and Treasurer.
The Board OF Directors may name and ap-
point any other officers as il sees fit, VINO
need not be stockholders. and may appoint
such other agents and employees, and have
full power and authority to perform such du-
ties as may be deemed proper by the board,
and they may be removed at will, at the
pleasure Of the Board.
In the absence of the President he may
be represented by anyone whom he sgay dss-
| Ignate as his power OF attorney, which said
power of attorney shall have full and com
plete authority to do ANY aud all dutes
delegated TO said President, or wjtfth may
hereafter be delegated to said~Fresident in
any other instrument such resolutions or
bylaws, or amendments.-~-
| ARTICLE NII.-Any vacancies occurring
| in the Board of Directors may be filled by
the remaining directors, should said vacancy
| occur from death or resignation.
ARTICLE NlII-Any failuree!tp elect pi-
receors shall in no event dissoke the FOR
| poratlon, or impair its management in any
| respect, but the officers and directors shall
| remain in office until their successors are
| elected and qualified, the election to be held
! as soon as and as promptly thereafter as
possible. All elections shall be by ballo,
| at the office OF the company. in accordance
with such regulations the Board OF Direc-
| tors may elect, and at every such election
and at all meetings Of the stockholders, each
| registered share OF stock at the date OF
such election and meeting shall be entitled
TO one vote, to be cast by the registered
owner or his agent or representative by
written proxy.
| ARTICLE IN-Ths act of Incorporation
may be modified. changed or altered. or said
| corporation may be dissolved with the asset
! Of two-thirds Of the capital stock outstand
| ing at a meeting OF the stockholders con-
vened for that purpose, and after fifteen
| days written notice has been delivered in
person; or given by letter mailed TO the
/
| The said notice may be waived by the unaui-
nous consent OF the stockholders
| In case Of the dissolution of the corpora
| tiOn its affairs shall be Inundated by one
| or more liquidators elected by the stock
! holders with such powers, CONVERSATIONS
and duties as the stockholders shall deter
/ mine.
! ARTICLE Mo stakeholder shall ever be
| held liable for the faults or contracts Of this
corporation in any further than the I'm
| paid balance due to the corporation on the
| shares subscribed by him; shall any
| mere inforraility have the effect Of rendering
| holder to any liability beyond the unpaid
| balance due his stock.
! The subscribers hereto have respectively
| written opposite their names the amount OF
stock subscribed by them in this corporation
50 that this act of Incorporation may also
! serve the original subscription list Of the
| corporation; and they have stated their post
267 Of 1914.
Thus done and passed at nv office in the
! City Of New Orleans, State Of Louisiana, or
the day, month and year first hereinabov,
written in the presence of Herbert w. Kaiser
and Marx Pastal. competent witnesses o.
lawful age, residing in this city who here
unto sign their names with said appearert
and NE. Notary. after reading Of the whole
| Witnesses: II. w. Kaiser. Marx Pastal.
Samuel NJ. Moscovitz. l share; Jacques NJ
Mossler, % shares; Ethamar Allan Rogers
share, by Jacques NJ Mossler; Walter An
drew Harrison, share, by Jacques VI. Moss
Ter; Mrs. Evelyn May Mosser, / share, b,
Jacques VI. Mosse-.
MEYER s. DREIFUS,
Notary Public.
/, the undersigned Recorder of Mortgages
in and for the Parish of Orleans. State o
Louisiana, do hereby certify that the abov
and foregoing Act Of Incorporation of tn
Mossler Auto Exchange. Inc, was this da
! duly recorded in my office in Book l22.
Folio 321.
New Orleans. August 9th. 1918
EMILE J. LEONARD, D. R
| | hereby certify that the above and fore
going is true and correct copy of the orr
ginal of record and on file in my notaria
office
MEYER s DREIFUS.
Notary Public.
Aug. 1929 Sept. 5-l21o