The herald., 1919-10-16
CHARTER OF STUFF SOUTHERN SALES
COMPANY, INCORPORATED.

United States of America. State Of Louis
lana, Parish of Orleans, City of New Or
leans. Be it known, that on this 5th day
of September, 1919, before me, Edward
Rightor, Notary Public, duly commissioned
and qualified. in and for the Parish and
State aforesaid, therein residing, and IN the
presence of the witnesses hereinafter named
and undersigned, personally came and ap-
peared: the persons whose names are here
unto subscribed, all of the full age OF ma
jority and residents of this city, who sew.
orally declared that, availing themselves OF
the provisions of Act No. 267 of the General
Assembly of Louisiana of 1914, they do, by
these presents, covenant and agree and bind
themselves, as we'll as such other persons as
may become hereafter associated with them,
in order to form and constitute a corporation
or body polite in law, for the objects and
purposes and under the stipulations follow
ing:
| ARTICLE 1.-The name and title of this
corporation shall be: "Stutz Southern Sales
La, and under that name it shall have and
enjoy all the rights, privileges and advan-
tages granted by law to corporations, and
shall have the power and authority to en-
and during the period of ninety-nne years
| from the date hereof unless sooner dissolved
| in the manner hereinafter provided for.
| Said corporation shall have power and au-
| thority to contract; to sue and be sued; to
make and use corporate seal, and the same
to break, alter or amend at pleasure; to hold,
receive, purchase, convey, deliver, mortgage,
| hypothecate and pledge any property, real
or personal and to issue notes and other
obligations negotiable instruments other
evidences of debt; to have and employ such
managers, agents and other employees as
the interest and convenience of said cor
poration may require or demand and to make
and establish such bylaws rules and regu-
lations for the corporate management and
control of its affairs as may be deemed nee
essary and expedent.
ARTICLE 1.-THE domicile of this cor
poration shall be in the city of New Or
leans, Parish of Orleans, State of Louisiana,
and all citations and other legal process
shall be served on its President, or in the
event of his absence, upon the Secretary
Treasurer.
ARTICLE III-The objects and purposes
for which this corporation is formed and the
nature of the business to be carried on by it
are hereby declared to be: To act as agent
for the sale of, also to make, buy and sell,
new and second hand automobiles, trucks
and other self-propelled vehicles of every
description; to own and operate garages and
bonded warehouses for the storage of auto
mobiles, trucks dother self propelled We
hicles in bond; to repair automobiles, trucks
and other self propelled vehicles; and to
handle as agent or otherwise, automobile,
truck and other self propelled vehicle asces-
series of every descriptions and generally 20
do all things necessary and proper pertain
!
poration shall have power to conduct bust
ness in the State of Louisiana, in the
United States and its territories and pos
sessions. and in foreign countries.
ARTICLE Iv-The capital stock of this
corporation is hereby fixed at the sum of
Ten Thousand G1O.OOoOO) Dollars, divided
into and represented by One Hundred 600
shares of the par value of One Hundred Dol
lars $4,000 each Which stock NAV be
paid for in cash, property, or good will, I'M
der such terms and conditions as the Board
| of Directors may see fit. The capital stock
of this corporation may be increased, from
time to time, to a sum not to exceed Fifty
Thousand (s500OO0O) Dollars, on a two thirds
vote of the stockholders.
Such stock shall be full paid and non.
provided for herein or that which may here.
after be issued, shall be valid only if signed
by the President and counter-signed by the
Secretary-Treasurer. All transfers of stock
shall be valid and binding only when made
on the books of the corporation. Before any
stakeholder shall sell or dispose of his stock
in the corporation, he shall give thirty days
written notice of his intention so to do to
the corporation, during which thirty days
the corporation itself shall have the right Of
purchasing the stock at its book value
This corporation shall begin business as soor
as Five Thousand (ss,0OOOO Dollars of III.
capital stock has been subscribed, as pro-
vded for in Section 2, Act 267 of the Gen
, eral Assembly of the State of Louisiana 70,
the year 1914.
ARTICLE Vail the corporate powers o.
this corporation shall be vested in and ex
ercised by a Board of Directors, to be com
posed of four stockholders, each of whom
) shall own in his own right at least one full
paid unpledged share of the capital stock
Z two members of whom shall constitute quo
rum for the transaction of business TIL,
, annual meeting of the stockholders shall b,
!, held on the 18th of August of each year
, or the first working day thereafter The frs
election for directors under this charter shall
be had, by ballot, at the annual meeting o
; the stockholders, TO be held on the 3lst o
December, 1919, and annually thereafter. No
tice of such meeting, in writing, shall b.
: given to each stakeholder by mail addressed
to his or her last known postoffice address
. at least fifteen days before the date of sucl
, meeting.
At all such elections and at all meeting
of the stockholders, every stakeholder shall
be entitled to one vote for each share o