The herald. [volume] (New Orleans, La.) 1905-1953, 1918-09-05
CHARTERS.
PATS OF the State Of Louisiana.

ness in all parts of the State of Louisiana,
| or elsewhere.
| ARTICLE IV-The capital stock of this
corporation shall be Five Thousand Dollars
Of the par value Of fifty dollars $4,000 per
share, and this corporation shall be 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 mer-
| Chandise, property other valuable cOnSid-
eratIOns enurlng TO the corporation, accord
ing 10 the judgment and findings Of the cor
ARTICLE VI.-An the corporate powers Of
| this corporation shall be vested in and
exercised by a Board Of Directors 20 be
composed OF not less than }, nor more than
shall be stockholders Of said corporation and
shall be elected al a meeting held for such
purpose the first Monday of August OF each
calendar year, and three members shall con
stitute quorum for the transaction OF bust
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 APP
point any other officers as ii sees fit who
| need not be stockholders. and may appoint
| such other agents and employees. and have
| ties as may be deemed proper by the board.
and they may be removed al will, at the
pleasure of the Board.
In the absence of the President he may
/ De represented Dy anyone wnOm he may deS-
! ignate as his power Of attorney, which said
power of attorney shall have full and com
| plete authority 10 do any and all duties
delegated TO said President, or which may
hereafter be delegated to said President in
any other instrument, such resolutions or
| bylaws, amendments.
| ARTICLE VII-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 10 elect Di-
| receors shall in no event dissolve the
! poration, impair its management in any
| remain in office until their successors are
| elected and qualified, the election 10 be held
as soon as and as promptly thereafter as
possible. All elections shall be by ballot
at the office Of the company. in accordance
! with such regulations the Board OF Drec
| 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
| ARTICLE IX.-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-
yened for that purpose, and after fifteen
days written notice has been delivered in
person, or given by letter mailed 70 the
| last known address of each stockholder
/
nous consent of the stockholders.
| In case Of the dissolution of the corpora.
tion its affairs shall be liquidated by one
or more liquidators elected by the stock
holders with such powers, cunrsnsations
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 sum than the un-
paid balance due to the corporation on the
shares subscribed by him; nor shall any
mere informaility 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
4 so that this act of Incorporation may also
! serve as the original subscription list of the
corporation; and they have stated their post
| 267 Of 1914.
Thus done and passed at my office in the
City Of New Orleans, State of Louisiana, on
| the day, month and year first hereinaboye
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.
Samuel NJ. Moscovitz, share; Jacques NJ.
| MOssler % shares; Ethamar Allan Rogers,
share, by Jacques NJ. Mossler; Walter An,
drew Harrison. ! share, by Jacques NJ Moss
Ter; Mrs. Evelyn May Mossler, ! share by
Jacques NJ. Mossler.
i MEYER 6. DREIFUS.
/ Notary Public.
I. the undersigned Recorder of Mortgages.
in and for the Parish of Orleans, State OF
Louisiana. do hereby certify that the above
and foregoing Act of Incorporation Of the
Mossler Auto Exchange, Inc, was this day
duly recorded in my office in Book 1922
Folio 32l.
New Orleans. August 9th. 1918
EMILE ]. 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 notarial
office.
MEYER s DREIFUS.
Notary Public
Aug IS-11. % Sent S11Io