The herald., 1918-08-29
CHARTERS.

ness in all parts Of the State Of Louisiana,
ARTICLE Iy.-The capital stock Of this
corporation shall be Five Thousand Dollars
tS5uWOo) divided into one hundred shares
Of the par value Of fifty dollars $4,000 per
share, aud this corporation shall be q going
concern when II, entire capital stock shall
have been subscribed and paid for. The
capital stock Of this corporation shall be
! paid for IN cash, or is equivalent IN mcr
! chaudse, property or other valuable c1u-id
crltiuuS euuriug 10 the corporation, accord
| ing - the judgment and findings Of The cor
ARTICLE VI.-Au the corporate powers II
/ tins corporation shall be vested in and
I exercised by a Board OF Directors 20 be
. composed OF not less than :. nor more than
seven members az any time. all of whom
| shall he stockholders of said corporation and
/ shall be elected at q meeting held for such
/ purpose on the first Monday of August oi each
calendar year, and three members shall con-
| Stitute a quorum for the transaction Of huSi-
ness After each board Of directors Is elect
/ ed there shall be elected from their number
| a President, Secretary and Treasurer.
! The Board Of Directors may name and ap-
point any other officers as II sees fit, who
! need not be Stockholders. and may appoint
such other agents and employees. and have
/ full power and authority 10 perform such du-
ties as may be deemed proper by the board,
| and they may be removed A. viii, at the
| pleasure Of the Board.
! In the absence Of the President he may
/ be represented by anyone whom he may dcS-
| ignate aS his power II attorney, which said
| power Of attorney shall have full and com
| plete authority 70 do any and all dutie,
| delegated 10 said President, or whrch may
hereafter be delegated to said Pres den. in
| any other instrument such as resolutions o.
| by laws. or amendments.
ARTICLE NlI-Any vacancies occurring
in the BOARD Of Directors may be filled by
the remaining directors. should said vacancy
occur from death or resignation
ARTICLE NIII-Any failure 20 e'ec. Di-
hill
pora;ion, 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 70 he held
as soon as and as promptly thereafter as
possible. All elections shall be by ballot
al The office OF the company in accordance
with such regulations as the Board Of Dircc-
tors may elect, and AZ every such election
and at all meetings Of the stockholders, each
registered share Of stock a. 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 IX-This act Of Incorporation
may be modified. changed or altered said
corporation may be dissolved with the asset
Of two-thirds OF the capital stock outstand-
ing At meeting Of the stockholders con-
yened for that purpose, and after fifteen
days written notice has been delivered in
person, or given by letter mailed TO the
last known address Of each stakeholder.
The said notice may be waived by the unani-
nous consent of the stockholders.
In case Of the dissolution Of the corpora
tion its affairs shall be iquidated by one
or more liquidators elected by the stock
holders with such powers. cornptnsations
and duties the stockholders shall deter
mine.
ARTICLE Mo stakeholder shall ever be
held liable for the faults contracts Of this
corporation in any further sum than the un-
paid balance due to the corporation on the
shares subscribed by him; nor shall any
mere inforraility have the effect Of rendering
the charter null, or Of exposing any stock
holder to any liability beyond the unpaid
balance due on his stock.
| The subscribers hereto have respectively
written opposite their names the amount OF
stock subscribed by them in this corporation,
so that this act of Incorporation may also
corporation; and they have stated their post
office address, so as to conform with Act
267 Of 1914.
Thus done and passed at nv office in the
City Of New Orleans. State of Louisiana, on
the day, month and year first hereinahove
written IN the presence Of Herbert w. Kaiser
and Marx Pastal. competent witnesses OF
lawful age, residing in this city, who here
unto sign their names with said appearers
and me, Notary. after reading Of the whole
: Witnesses: II. w: Kaiser, Marx Pastal
: Mossler, % shares; Ethamar Allan Rogers
share. by Jacques NJ. Mossler: Walter An.
drew Harrison. share, by Jacques NJ Moss
Ter; Mrs Evelyn May Mosser, share, by
= MEYER 6. DREIFUS,
Notary Public.
I. the undersigned Recorder Of Mortgages
= in and for the Parish of Orleans. State o
n Louisiana, do hereby certify that the abov,
e and foregoing Act of Incorporation Of th
+ Mossler Auto Exchange. Inc, was this da,
# duly recorded in my office in Book l221
Y Folio 32l
e New Orleans. August 9th. 1918.
n EMILE ]. LEONARD, d. r
| hereby certify that the above and fore
l. going is true and correct copy Of the orr
! ginal of record and on file in my notaria
:, | office.
5 MEYER s. DREIFUS.
l. Notary Public
5 Aug. l5-22-29- Sept 5-12-l9