The herald. [volume] (New Orleans, La.) 1905-1953, 1918-10-17
CHARTER OF
GULF OLDSM0BILE cONpIrv ~

state OF Louisiana, Parish Of Caddo
BE u remembered that On NJ, a. 1,
me, William Clay Holmes, a Na,,-v xs
and for said Parish and Stat, AZ, '..t
stoned and sworn, personally es-s ~ -
peared, Charles R. Loree AZ SS,s-..s- =
c. /. Briggs and George L E,', 3 =
orleans, Louisiana, who stated and -,
to ne, Notary, that they hay, ,, ~.
themselves and do by these rs,,,,s :
nize themselves, as well as sprh az. =
sons as may hereafter become as,,,;,,J Z
them, into a corporation and hay, 49,,
their charter the following. town.
ARTICLE 1.-The name Of M, r,-,-..
shall be Gulf Oldsmobile Cono,,Ir =
with its domicile in the CITY Of y,xss..
Louisiana, and under said corpor,,, -. -.
shall have and enjoy succession a, , :.
OF one hundred years, unless sooner S,r,.
as hereinafter provided. All lev,l -
shall be served on its president ~
absence on the vice president or N 4, 4
sence OF both, on the secretary q d =
pany.
ARTICLE 1.-THE purposes for Viz !,
corporation is formed and II, os;,-, !,
hereby declared to be to buy and m !.
mobiles Of all makes including ,u,h :
motor vehicles, and particularly b i, :
sell auOmtobiles OF the 0ldsmoble r,-sr
ture, and TO deal in all kinds Of ,u,rl,
accessories, and to conduct a s,n,r.l nr
tor the storage, repair and sale Of d, u
and 10 do any and everything ursr
pertaining to an automobile and asr '
hicle business.
ARTICLE III.-The capital ,tock 4 !
corporation is hereby fixed At 4. n 4
Fifty Thousand (sSO,0O00l DOllzrS ca
into five hundred shares Of the par Yir
One Hundred $4,000 Dollars ,iA rr
may be issued for services rendered 7 q
or property acquired al a yaluatim
approved by the Board Of Direciur; q, I
stock when issued shall be fully pal i
worcestershire.
ARTICLE IV-The affairs Of IBIS TN
ton shall be managed and conupza J !
Board of Directors consisting Of iAs d
mot more than five stockholders 70 X tex
at an annual meeting Of the stockali,1s y
on the first Monday in October Of al y
| and who shall hold their Offices {, Z
year, or until their successors are ttrrt r
installed. Said Board Of Difeci5n si ,
ercise all Of the powers Of this uprrr
with full authority to purchase any ~
| necessary for its corporate purposes y. ?
mortgage. hypothecate or sell iri tSA
Of the same, and shall have poser .
/ ploy and discharge any and al lg,nA =
| ayers or employees that may be nsos'sq ]
| conducting its affairs: with full i..r
/ 20 I'LL any vacancy occurring IN sad -
by the election Of a stoekholdsf Tor Z, .
| expired term. and moreover, nay ni
I meetings al the domicile Of the u1iig
elsewhere as said Board may agree =
the election Of the Baord o. Drsan
the First Monday in October, ps it = !,
ing shall constitute the Board Of Dlf'sa /,
this corporation: C. L. Briggs urs
Loree and George L. East. which sad = 7.
shall also serve in the following ap1s
respectively. president, C. l. BnT Y
president, Charles X. Loree, and SSF
East, Secretary Treasurer.
ARTICLE V.-This charter may =
ed or this corporation may be ds'o'a ,
vote Of two-thirds Of its stock cast ,
ing called for that purpose, and ".
dissolved BY limitation or otherEi%, y !. !.
fairs shall be liquidated and ssitsG y
liquidators selected by the stoe.hoaes !.
who shall give such bond ana a.m ~ 4
powers rs the stockholders may -.
! Unless otherwise provided BY laF =.
! all stockholders meetings shall 3 "
letter addressed to the sicekholda q.
usual postoffice address, provided -
/ unanimous consent notice OF any 49, =,
erS' meeting may be waived, ana u. =
/ stockholders meetings each soais
shall be entitled 10 one vote % = -
| its owner in person, or By anoNe :,
lied in writing to do so, and VEG :.
wise provided by law, or TINS eh1 I'..-,,i
pority Of the stock present or ls''''
any such meeting shall prevail A. 1
ARTICLE Vino siockholdei o. q 4,
poration shall ever be held hsos ii
| contracts or faults thereof ID a
sum than the unpaid balance ~ J
stock, nor shall any mere In,oi4 .., II
the effect Of rendering this ensi'n I'd
of exposing any stoekholder 70 ~
loss than his stock. ,,.vx,
Thus done and signed in ny -,
this 10Th day Of July, l9lS in w
of the at,esting witnesses an 10
Attest: B. L. johnson, SyoA y
Original Signed In
c. L. Briggs, c. R, Lore; U TsSoIlES
VIM Eot1p PsS
New Orleans, Aug. 2, SS go
! I. the undersigned Recorder o. 81
| in and for the Parish Of oIlsaas IL
| Louisiana. do hereby certify LM a, .
be a true and correct copy p ~ " !
Of my office. recorded in S0'A
$50. on August p, l9s Dr. !
EMILE J. LEO,NAAD -
Sept. l2-19-26, Oct. 3-lo-H.