The herald. [volume] (New Orleans, La.) 1905-1953, 1918-10-24
or,r CHARTER OF
GULF OLDSM0BILE C0Np.,v

% d. o. LOUISIANA. Parish Of Ca5s,
De 10 remembered that on NJ, =
me; William Clay Holmes. a No.,.su VI
and FOR said Parish and Sat- '5,y mn,
stoned and sworn, personaIlv suI WIS
peared, Charles r. Loree AZ So ~ 2
Z. l.. Briggs and George I F.e.N \
orleans, Louisiana. who STATED ..i = u
to ne, Notary, that thew H.. --' ctr
themselves and do BY tbes. n,',. rsi''s
nize themselves, as well az ,r $3.50 .a y
sons as may hereafter becom. ,s.,. eas :
them, into a corporation and b,v. 49,, - V
their charter the following, tow,. s''P''
ARTICLE 1.-The name az ~.
shall be Gulf Oldsmobile Co. ss "a pri,R
with its domicile in the Civ Al Y
Louisiana, and under said cnrno,'.' WsA
shall have and enjoy succpsS;1r s's M
OF one hundred years. unless go. ~ ! ~
as hereinafter provided All leul -, -
nan hI De served on its president 1, 1, :
absence on the vice president or n !. !
sence OF both, on the secretary d d, .
pany. 1' .
ARTICLE 1.-THE purposes "a, - a.
corporation is formed and n. a. !
hereby declared to be to buy and m !. :
mobiles of all makes inelud;ng - ~
motor vehicles, and particularly "a 4, :
sell auomtobiles of the Oldsmobil. -
lure, and 10 deal in all kinds a -
accessories, and to conduct a gen,-I -.
Tor the storage, repair and sale n 4. ~
and to do any and everything s,,--
pertaining to an automobile and n,-
hicle business.
ARTICLE III.-The capital ,,o,l : !
corporation is hereby fixed a, h, -
tiity Thousand (S5O,OOOOO Dollar A.
INTO i've hundred shares OF the mar M,
One Hundred $4,000 Dollars e,L -
may be issued for services rendered r =
OF property acquired at a valuation
approved by the Board Of Directors: n
stock when issued shall be fully Nil =
worcestershire.
ARTICLE IV.-The affair, NJ Al, $500.
ton shall be managed and coutroIl,i 4 /,
Board of Directors consisting Al M. \
nor more than five stockholders to Be ,sa
al an annual meeting Of the stockhoIds1 4
on the first Monday in October Of cad va
and who shall hold their offices ir
year, or until their successors are ,ls,i 4
installed: Said Board of Directors shiE
ercise all Of the powers Of this eoprrn
with full authority TO purchase any rxa
necessary for its corporate purposes III J
mortgage, hypothecate or sell and dyR
OF the same, and shall have power b .
ploy and discharge any and ali agenis, -
ayers or employees that may be neeesa1 !;
conducting its affairs; with full laiss1
10 MI any vacancy occurring in said sn
by the election Of a stockholder for d, :
expired term, and moreover, may box 0
meetings at the domicile Of the cunpsT :
elsewhere as said Board may agree u
the election of the Baord Of Directu :
the First Monday in October, 1918, the hEs
ing shall constitute the Board Of Direds1 I
tins corporations: c. L. Briggs Chafla !
Loree and George L. East. which said plra
shall also serve in the following capaaas
respectively. president, c. L. Briggs W
president, Charles R. Loree, and GeOrr
East. Secretary Treasurer.
ARTICLE V.-This charter may Be mi
ed or this corporation may be dissolved 4
vote of two-thirds of its stock cast at n':'
ing called for that purpose. and vhsnsF;
dissolved by limitation or otherwise 10 .
tairs shall be liquidated and settled BY ~
liquidators selected by the stockholders .
who shall give such bond sad have y
powers as the stockholders may pesSE
Unless otherwise provided by law, nSiis I
all stockholders meetings shall be pTen 7
letter addressed to the stockhodef q |.
usual postoffice address, provided nn
consent notice Of any si'cEna,
ers' meeting may be waived, and that u
stockholders meetings each share Of w
shall be entitled to one vote to Be 'ss .
ITS owner in person, or by another ~
lied in writing to do so, and when not %.
wise provided by law, or this ehirid : . !.
pority Of the stock present or Represents
any such meeting shall prevail
ARTICLE VINO stockholder Of te' Z
pOration shall ever be held liable ie' !
or faults thereof in any ~.
sum than the unpaid balance due o.
stock. nor shall any mere informally =. !.
the effect of rendering this charter n-. ..
II exposing any stockholder to any p''-
loss than his stock.
Thus done and signed in my pfesena !
his 10th day of July. 1918, in the p'''-
If the attesting witnesses, , ~.
Attest: B. L. Johnson, Sybh X N.Y.
Original Signed r.
c. L. Briggs, c. R. Loree, Geo L ,r Is-
VIM. CLAY H0LMLsse
Notary PaSH
New Orleans, Aug. D, 9lS.
I, the undersigned Recorder Of As s.s.s
n and for the Parish Of Orleans -
louisiana, do hereby certify tne n
)e a true and correct copy from , 1s n,
II my office. recorded in Book H11' "
80, on August p, 1918
EMILE ]. LEONARD Dy'
Sept. l2-l9-26, Oct 3-lO-H.