The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-30
CHAKTER OE
THE NATIONAL SALES COMPANY Oh
LOUISIANA, INCORPORATED.
State of Louisiana, Parish of Orleans.

THE NATIONAL SALES COMPANY OF
LOUISIANA. INCORPORATED.
State of Louisiana, Parish of Orleans.
BE it known that on this 18th day of
the month of May, in the year one thou
sand nine hundred and eighteen, ll"lNl.
before me- Frank William Hart. n Notary
Public duly commissioned and qualified III
and for the Parish of Orleans state of
Louisiana, therein residing. in the pres
CnCc of the witnesses hereinafter named
and undersigned:
Personally came and appeared the sew
eral persons whose names are hereunto
subscribed who Sevcrally declared that.
laVailiug themselves of the dement's ana
provisions of the Constitution of the State
of Louisiana and of the laws of said state
| relative to the organization of corpora
! tionS. and particularly of the provisions
of Act No pa of the General Assembly
/ of the State of Louisiana for the year 1914.
| they have organized themselves. as well
as all such other persons VINO may mere
after join or become associated with them
| or their successors. into stock corpora
ton for the objects and purposes and un-
der the covenants. StipulatiOnS aud agree
mentS following tO-wit:
! Article 1.-The name and title of this
corporation shall be- The National Sales
! Company of Louisiana. Incorporated and
under and by said name. unless SOONER
dissolved in accordance with law and this
charter. il shall exist and continue. and
| shall have and enjoy corporate existence
and succession for Il period of ninety nine
|
act. 1t may have. hold. receive. borrow.
| lend. exchange, acquire by grant. gift or
purchase. devise or bequeSt, sell, ALLEVIATE,
dispose of, convey, lease, pledge, pawn,
| hypOthecate. cucumber or mortgage prop
ertS of any kind. whether real personal
or mixed. corporal or incOrpOreal NOV
able or immOvable, all subject to such
| limitations may be prescribed by law.
II may make. issue and indOrSc bonds or
notes and other evidences of debt. 1t may
accept mortgages, pledges, or other forms
| of security for money loaned or other
debts. Ii may contract, sue and be sued.
plead or be implicated by its corporate
name in any court of competent jurisdic-
ton. II may make, adopt and use cor
pOrate seal and alter the same at pleas
ure. 1t may hold stock in other corpora
tonS. and its capital stock may be issued
for capital stock in other corporations. Ii
may name. appoint and employ such man
ayers, directors. officers. agents and other
employees as its said business and con
YenienCe may require, and may fix their
compensation, having due regard TO the
nature, character and value of their ser
vices. 1t may make and establish by
laws. rules and regulations not incOn-
/ SiStent with this charter or any existing
law, fixing OF altering the management OF
its property, the regulation and govern
ment of its affairs. and the manner of the
certiicatiOn and registration of its stock
1t may wind up and dissolve itself, or bt
wound up and dissolved. in the manner
prescribed by law. 1t may conduct bust
ness in this state. other states, the federal
Districts. the Territories and possessions
of the United States, and any foreign
country. 1t generally shall possess al
the powers. rights. privileges and immun
titles which corporations are and may
thereafter be authorized to possess under
the Constitution and laws of this State
and particularly under Act No. 267 of tn,
Acts of the General Assembly of the STATE
of Louisiana for the year 1914: and il
shall have the power to invest its BOarC
of Directors with all of its corporate pow
ers, subject TO such restrictions as may
be named in the charter.
| Article 1.-THE dOmicile of this cOrpor
alton shall be in the City of New Orleans
State of Louisiana. and all citations Of
other legal process shall be served upoI
the President. or: in the event Of his alb
sence, upon the Vice-PreSident, or. in tn,
event of the absence of both of said of
ficerS. upon the Secretary Treasurer.
Article I1I.-The objects and purpose
for which this corporation is organize,
and the nature of the business to be car
ried on by it are hereby declared to be
to buy, sell. and generally deal in an!
line of merchandise, at Wholesale or re
representatives, sales representatives
: brokers, or otherwise : to engag
in the general manufacturing bus
mess; to hoy. sell, repair and general.
deal in automobiles, automobile tires. an,
, automobile supplies and accessories of nj
kinds; to buy, sell, and generally deal il
I stocks. bonds, and real estate, either a
principal or as broker; and generally Z
, do all and everything necessary, cOnve
l nicnt or proper for the accomplishment o
, any of the purposes of any one or NOR
of the. objects herein enumerated or Incl
| dental to the powers herein named. o
: which shall at any time appear cOnduciv
or eXpedient to the benefit or prOtectio
or business of the corporation, with al
the powers now or hereafter conferred b
the laws of the State of Louisiana upO
: corporations organized under the act here
in referred to.
Article IV.-The capital stock of thi
corporation is hereby fixed at the sum q
2 twenty thousand (S20,0O0.00) dollars, di
+, vided into two hundred (200) shares G
: the par value of one hundred $4,000
l increased TO the sum of fifty thousan
1850. 000.00) dollars
All stock shall be full paid and non as
, sessable when issued; shall be represent
? ed by certificates, and shall be persons
property. No transfer of said capital stOc
a shall be binding upon the corporation. III
less made upon the books of the compan!
in accordance with such rules and regulf
tons the Board of Directors may pre-
), scribe.
Article V.-All the corporate powers
d this corporation shall be vested in, an
/, the management and control of its al
fairs shall be exercised by a Board of ID
= rectOrs. consisting of not less than thr6
(3) and not more than five 90 stOckholC
ers, the majority of whom shall cOnst
I tute a quorum for the transaction of bus
II ness.
The directors shall be elected annual
n by ballot, at the annual meeting of a
n corporation which shall be held on IL
third Monday in January of each yea
3 At said annual meeting the StOckholdel
shall first, by vote fix the number of ID
rectOrs for the ensuing year, provided Il
, said number is not less than the min
K mum. nor more than the maximum her
inabOve fixed, and after such number HI