The herald., 1918-06-20
LAWRENCE VI. IANIN.

| EMILE J. LEONARD, DIV. r.
CSeaD LAWRENCE n. JANIN,,
Notary Public.
May 80. June 6-l5-E-27- July 1.
OF TOURTIER. INCORPORATED.
| United States OF America, State OF louisiana
| Parish Of Orleans, City Of New Orleans:
Re 1t Known, That this Twenty second
| day of the month of May, in the year OF
our Lord. One Thousand Nine Hundred and
Eighteen, and OF the Independence OF the
| United States OF America, the one hundred
| and forty second
Before me, William J. Formento, a Notary
| Public duly cOmmis sioner ana qnailtGd, IN
| and for hte City OF New orleans, fdrlsh
| Of Orleans, therein residing, ana in the
| presence Of the witnesses hereinafter named
| and undersigned, personally came and ap-
peared the several parties whose names are
hereto subscribed, all Of the tull age OF ma
| ioritv and residents of this City, who sew.
erallv declared that availing themselves OF
the laws Of the State of Louisiana, and es-
pecially of Act l7 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
| stipulations and agreements hereinafter set
forth and expressed, which they hereby ac-
cept and adopt as their charter, to-wlt:
! ARTICLE THE name and title, OF me
corporation hereby formed is declared to be:
| "Tourtier. Incorporated.
| ARTICLE II-Its domicile shall be in the
where all stockholders and Directors meet
ings must be held and where it must main
tain its plant and office and keep its books,
and shall have and enjoy SUCCESSION ioT
period of ninety C9) years from the
date hereof.
ARTICLE III-All citation or other legal
process shall be served on the President, and
in case OF his absence or inability to act,
upon one OF the Nice-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 or otherwise and
exploit the United States Letters Patent No.
l2ll,S9S granted to Paul A. Tourtier, tor a
"Stand for Bicycles and Other Vehicles,
dated January 9th, 1917, and any subsequent
improvements thereon, extension thereof,
as we'll as any other patents, improvements
or extensions it may see fit to acquire; TO
carry on the business manufacturing, II
self or through others, all patents acquired
by it; to grant licenses for the use of said
patents; to acquire by purchase or otherwise
real personal or mixed property, and to sell,
lease, mortgage or 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 (S50,O0l, divided
| three
value of One Hundred Dollars $4,000 each,
! of which amount Fifteen Thousand Dollars
(sl5OO0OO), or one-half of the capital stock
has been subscribed for which stock may
, me issued full paid and non assessable toi
, 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 CS2OO,-
ODOO Before any stockholders shall offer
his stock to any outsider for sale, he shall
first offer same to the Company's stock
holders, through its President, at price not
exceeding what he is willing to accept from
an outsider.
ARTICLE Wal the corporate powers Of
; this cororaption shall be vested in and ex-
. ercised by Board Of Directors, consisting
of not less than five (0 nor more than nine
o. stockholders, a majority of whom shall
constitute quorum for the transaction of all
business The first Board of Directors shall
t be composed of the followsing stockholders
Ephriam Rosenberg, 1927 ST. Charles Avenue
C:rrollton Avenue, New Orleans, La; Pau
A. Tourtier 1917 Coliseum Street, New Or
leans, La; b. B. Hans, 1918 St. Charles Ave
r nue., New Orleans. La; and DR.. HoweH
La, who shall hold their office until the
=. third Wednesday in May, 1919, until Their
successors have been duly appointed and
, qualified.
: be, Ephriam Rosenberg, President; VIM. p
:. Conery, First Vice-President; Paul A. Tour
= liter. Second Vice President, and B. B. Hans
Secretary Treasurer, who shall hold their OF
flee until the third Wednesday in May
" 1919, or until their successors have been dul,
appointed and qualified.
i In case Of the resignation or death of AM
of the Directors, during their term of office
the said remaining Directors shall sppoin
and fill ali vacancies and said Board ma!
5 separate the offices of Secretary and Teas
urer.
f On the third Wednesday in May, 1919, un
n e,,I Ia,y he 1tas then in gtfrl
:, case, Oh the first succeeding judicial da!
y and annually thereafter, election for Di
e rectors shall be held at the offices of tn
) corporation under the supervision OF three Is
n comm ssioners Notice for annual meeting
r and for stockholders meetinsg shall be givei
by the Secretary, to each stockholder, eithe
i in person or by depositing written motto
|, in the Post Office properly addressed to him
e at least fifteen Q0 days before said meet
d ing.
e All stockholders shall vote, at all stock
D. holders meetings, by ballot, and majorit
e of the stock present shall govern on al
% questions. Each share Of stock shall be en-
It titled to one % vote, either in person o
70 by proxy.
l. ARTICLE VII-This act of incorporate
y may be changed, modified, or amended, o
,r this Company may be dissolved with tn
J. assent by vote of two-thirds of the capita
= stock issued at meeting of the stakeholder.
convened for that purpose, after 30 days prio
n written notice of such meeting shall hav
l. Deen naileu 70 inc last duuress ol edSn stoSn
holder by the Secretary of the Company
$ and should at any such meeting 1t be do
d cided to dissolve the corporation either b
n limitation of its charter or for any othe
cause, its affairs shall be liquidated b
II three 90 commissioners to be selected froi
$, among the stockholders. Said commission
Of ers shall remain in office until the affair
OF the corporation shall have been liquidatec
lie In case of the death Of any of said commits
sioners. he survivor survivors shall cor
Il tinue TO at.
at ARTICLE VIII-No stockholders OF TIL
corporation shall ever be held liable for ii
ID contracts of faults thereof, in any furtht
al sum than the unpaid balance due to II
corporation on the shares Of stock owned
Or him. nor shall any mere informality in org;
IL n:zalien have the effect of rendering tn
e. Charter null or exposing stockrolder to an
re liability beyond the unpaid amount OF h
I stock
isl ARTICLE IX-The subscribers to the cap