The herald., 1918-09-19
CHARTERS.

ness in all parts of the State of Louisiana,
or elsewhere.
ARTICLE IV-The capital stock of this
corporation shall be Five Thousand Dollars
(S5,OO0OO) divided into one hundred shares
Of the par value OF fifty dollars $4,000 per
share, and this corporation shall be 4 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 or other valuable consld-
eratIons enurIng 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 TO be
composed OF not less than J, nor more than
seven members al any time. all Of whom
shall be stockholders Of said corporation and
shall be elected at a meeting held for such
purpose on the first Monday Of August OF each
calendar year, and three members shall con
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 il sees fit, who
need not be stockholders. and may appoint
such other agents and employees, and have
full power and authority to perform such du-
ties as may be deemed proper by the board.
pleasure Of the Board.
In the absence Of the President he may
be represented by anyone whom he may des
ignate as his power OF attorney, which said
power Of attorney shall have full and com
plete authority TO do any and all duties
delegated to said President, or which may
hereafter be delegated to said President in
any other instrument. such as resolutions or
bylaws, or amendments.
ARTICLE NlL-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.-Auy failure TO elect D-
receors shall in event dissolve the cor
pOration, 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 to be held
as soon as and as promptly thereafter as
| possible. All elections shall he by ballot
| at the office Of the company. in accordance
with such regulations as the Board Of Direc-
! 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
10 one vote, TO be cast by the registered
| owner, or his agent or representative by
written proxy.
ARTICLE IX.-Ths 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
| person. or given by letter mailed to the
last known address Of each stockholdcr.
! The said notice may be waived by the unani-
nous consent of the stockholders.
In case of the dissolution Of the corpora
! ton its affairs shall be liquidated by one
or more liquidators elected by the stock
holders with such powers. conPensations
| and duties as the stockholders shall deter
! 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
| SrhSr heI Nv bir,. hail
mere informality 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
! 50 that this act of Incorporation may also
! serve as the original subscription list of the
! corporation; and they have stated their post
POI Of 1914.
Thus done and passed at my office in the
| City Of New Orleans, State OF Louisiana or
the day, month and year first hereinabovt
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 appearer,
and me, Notary. after reading of the whole
/ Witnesses: II. w. Kaiser. Marx Pastal.
Samuel NJ. Moscovitz. share; Jacques NJ
Mosser, 90 shares; Ethamar Allan Rogers
share, by Jacques NJ. Mossler; Walter An
drew Harrison, share, by Jacques NJ. Moss
Ter; Mrs. Evelyn May Mossler, / share, b,
Jacques NJ. Mossler.
MEYER s. DREIFUS,
Notary Public
!, the undersigned Recorder of Mortgages
in and for the Parish of Orleans. State o
Louisiana. do hereby certify that the abov
and foregoing Act of Incorporation of tn
Mossler Auto Exchange, Inc, was this da
I duly recorded in my office in Book l22:
, Folio 81.
New Orleans. August 9th. 1918.
EMILE J. LEONARD, D. R
I hereby certify that the above and fore
going is true and correct copy of the orr
ginal of record and on file in my notara
office.
MEYER s DREIFUS.
Notary Public.
| Aug ls21.1o- Sent sI1Iq