The herald., 1918-06-06
CHARTERS
SD LAWRENCE VI. JANIN,
Notary Public.
Nav 80. June 6-l3-2O.27-July 4.

O"' P,-isb n Orleans. City Of New Orleans;
| Re II Known. That on this Twenty second
dav Of the month Of May. IN the year Of
our Lord, One Thousand Nine Hundred ana
| Eighteen. and Of the Independence OF the
| United States OF America, the one hundred
| and forty-secOnd. -,
Before me, William J. Formento, Notary
| p,,Iiir duIy commissioner and qualified, IN
| Al for htc CITY Of New Orleans, Paris
! Of Orleans therein residing, and IN the
| presence Of the witnesses hereinafter named
! and undersigned, personally came ana APP
. reared the several parties whose names are
| hereto subscribed, all II the full age Of ma
! iority and residents OF this City, who sew.
/ orally declared that awaiting themselves oil
. the laws OF the State OF louisiana ana es-
pccially Of Act l67 Of 1914, in such cases
made and provided, they have formed and
| organized. and by these presents do form
| and organize themselves into corporation
! for the objects and purposes and under the
J stipulatiOuS end agreements hereinafter set
! forth and expressed which they hereby &C
! cept and adopt as their charter, to-wit:
! ARTICLE THE name and title, OF the
/ corporation hereby formed IS declared to be:
''Tourtier, incorporated.
/ ARTICLE II-Its domicile shall be in the
/ City of New ORLEANS, State OF Lousana'
where all stockholders and Directors meet
ings must be held and where 1t must main
tain its plant and office and keep ITS books,
! and shall have and ENJOY succession Tor
period OF ninety nine C99) years from the
date hereof.
/ ARIl( Ii lll-NI citation OF ulntT lCBdl
process shall be served on the President and
in case of his absence or inability 10 act,
upon one Of the Vice Presidents, or Secretary
or Treasurer.
ARTICLE IV-The objects and purposes
for which this corporation Is organized and
the nature Of the business to be carried on
by it are declared TO be:
To acquire by purchase otherwise and
exploit the United States Letters Patent No.
l,2ll,S9S granted to Paul a. Fourier, for
Stand for Bicycles and Other Vehicles,
dated January 9th. 1917, and any subsequent
improvements thereon, or extension thereof,
as well as any other patents, improvements
or extensions Il may see tit TO acquire; TO
carry on the business OF manufacturing, It
self. through others, all patents acquired
by II; to grant licenses Tor the use OF SAID
patents: to acquire by purchase or otherwise
real, personal mixed property, and to sell,
| lease, mortgage otherwise dispose OF same;
to execute and enter into all contracts and
generally do and perform any and all things
necessary and incidental to the objects and
business for which this Company is orga-
nized
ARTICLE V-The capital stock of this cor
poration is hereby fixed az the sum OF
! Thirty Thousand Dollars (SSO,UOOOl, divided
! into three hundred 900 shares of the par
value of One Hundred Dollars $4,000 each,
of which amount Fifteen Thousand Dollars
| (Sl5,OOOOO}, or one-half of the capital stock
has been subscribed for which stock may
me issued full paid and on-assessable for
cash, or for property transferred for value, or
services actually rendered. to said corpora
ton. Said capital stock may be increased
to Two Hundred Thousand Dollars $780,
OOOOO. Before any stockholders shall offer
his stock TO any outsider Tor sale, he shall
! first offer same to the Company's stock
| holders through its President at a price not
! exceeding what he is willing 10 accept from
an outsider
ARTICLE VI-All the corporate powers of
! this cororaption shall be vested in and ex-
ercised by Board OF Directors, consisting
= II
o. stockholders, a majority of whom shall
constitute quorum for the transaction OF all
business The first Board of Directors shall
be composed Of the followsing stockholders:
New Orleans, La; VIM. P. COnery, S24l
CIrcllton Avenue, New Orleans, La; Paul
A Tourtier, 1917 Coliseum Street. New Or
leans, La; b. b. Hans 1918 ST. Charles Ave
nue., New Orleans, La; and DR.. Howell f.
Moore. SIS Medical Building, New Orleans,
Id, who shall hold their office until the
third Wednesday in May. 1912 or until their
successors have been duly appointed and
The first officers of this corporation shall
be, Epluiam Rosenberg. President; Wm- p
Conery, First Vice-President; Paul A. Tour
tier. Second Vice-President. and B. B. Hans,
flee until the third Wednesday in MAY,
1919 or until their successors have been duly
appointed and qualified
In case of the resignation or death Of any
"a lLG DlItClOIss curing tnclr term OF office,
the said remaining Directors shall appoint
and fill all vacancies and said Board may
separate the offices Of Secretary and Teas
urer.
On the third Wednesday in Nav. 1919 I'm.
less said day be dies non, then in such
case, OH the first succeeding judicial day
and annually thereafter, an election for Dr.
reciors shall be held at the offices of the
corporation under the supervision of three CD
commissioners. Notice for annual meetings
and for stockholders meetinsg shall be given
by the Secretary, to each stockholder, either
IN person or by depositing written notice
IN the Post Office properly addressed TO him.
at least fifteen Q0 days before said meet
ing.
All stockholders shall vote. at all stock
holders meetings. by ballot. and a majority
OF the stock present shall govern on all
questions Each share of stock shall be en-.
TITLED to one Cd vote, either in person or
ARTICLE VII-This act of ;ncorpora,;o,
may be changed modified, or amended, or
TINS Company may be dissolved with the
assent by vote of two-thirds of the capital
stock issued at a meeting of the stockholders.
convened Tor that purpose, after 30 days prior
written notice OF such meeting shall have
been mailed to the last address of each stock
holder by the Secretary of the Companv
ana should at any such meeting it be de.
Tiued 10 dissolve the corporation either by
limitation OF its charter or for any other
cause. its affairs shall be liquidated bv
three % commissioners to be selected from
among the stockholders Said commission
ers shall remain in office until the affairs
OF the corporation shall have been liouidated
In case OF the death of any of said commits
sioners, he survivor or survivors shall CON
tinue to AIT WI
ARTICLE VIII-No stockholders Of this
corporation shall ever be held liable for the
contracts OF faults thereof, in anv further
sum than the unpaid balance due 10 the
corporation on the shares Of stock owned bv
h'in' nor shall any mere infornality in orca-
n;'atcn have the effect of rendering this
SlSttSr null or exposing stockrolder to any
stock u Ms
ARTICLE IN-The subscribers to the cant.
va STOCK ot this Corporation have set Opposite
..helT names the amount of stock subscribed
!or by them, which subscription is to stand
a. ri = Gu OF formal subscription 10 stock
mus Done and Passed, in NV notor,aI r.
flee. II the City of New Orleans. Ior:s;,n,
IN the presence of Messieurs Frank I Stich
and f. c. Capron, competent witnesses 81
lawful age, and residents of this Civ. who
hereunto subscribe their names. toy,thaT
VITA the said appearers and me, Notary, after
due reading OF the whole
Original Signed
Eph. Rosenberg and others.
Witnesses: F. J. Stitch, F. c. Capron,
VIM. J. FORMENTO,
Not. Pub. |
l, the undersigned, Recorder of Mortgages
IN and for the Parish of Orleans, State of |
LOUISIANA do hereby certify that the above
ana ana foregoing Act of Incorporation of the |
lourter, Incorporated" was this day duly
recorded in my office, in Book 1919, Folio -. |
New Orleans, Nav 2Srd 1918