The herald., 1919-12-25
CHARTERS.

dress an announcement stating the time
| and place of the meeting. Each share
| holder shall be entitled to one vote for
! each share of stock standing in his name
| on the books of the company to be cast
! in person or by proxy, ana majority If
| the votes cast shall elect. The Board of
! Directors shall have power to ill an VA.
| cancieS that may occur in the Board
| Failure to elect directors on the day aboya
| specified shall not dissolve the curpyr9fiof,
| but the Directors then in office shall r,
| main in office until their Successors arc.
| elected and qualified. Due notice of an
| other election shall forthwith BE- given .s
| above provided. Such notice of rlrction
/ shall be continued to be given until am
| election is held. The Board Of Directors
at their first meeting following each an
nual election shall elect from their nun
| Der President a Vice President and
Secretary Treasurer, and such officers sS
the Board OF Directors shall deem necrs-
Sary. The Board shall have power in it,
discretion, TO unite two or more Offices
and the same to confer upon one pcrsou
and shall have power to fix the salaries
Oh an officers and all such other officers
and employees as they deem nrc,ss,,r,.
! The Board of Directors shall have uotvsr
to make and establish. as well as alter and
amend all bylaws, rules and FpgulptioUy
hecesSar! ana proper for the support and
management Of the business and affairs
of said corporation, not Inconsistent win
ITS charter. Said Board SHAH also have
full power and authority TO borrow, rponn,,
anu through the PRESIDENT ot
duly authorized agent or agent, IN pvn
cute mortgages, issue notes bonds ar
other Obligations, in such amount and ,n
such terms as in their Judgment NAV ba
advantageous ana generally to do all
things necessary for the proprr carr,i,,,,
on Of the business of this corporation a.
also to issue and deliver full p3id shire.
OF stock and bonds or opIIgafIoDs of M
corporation III payment of money Dor
rOWcd, or money, labor, or services ana
property rights 9gtntIly
inns corporation, as heretofore sctfortL
ana snail have power to do all such 1ct
ana things as may be necessary to carry
out the objects and PURPOSES for Will
TINS corporation is organized
majority of any of the Directors shall
constitute a quorum for the traDSacfiou |
OF any business. At any meeting of tbe
Board any Director absent from rho me-
ing may be represented by any ntber =;
rector, VINO may cast the vote of said
absent Director, according to the writ
IeL instructions of said absent Diroctor
The Board of Directors shall hava ~
power, by vote of not less than n ma
Iorlty thereof, to sell lease. mortgage nv |
DOnd mortgage or otherwise or TO pladga |
any and all of the property movable or |
lmmOvable, belonging to the cornoration
OF 10 receive IN exchange therefor money
or stocks or bonds or other obligatiOus Of |
another corporation, without referring IN
the shareholders for the power to do 50
ana they may also purchase for stock in |
thlS corporation or for cash or on credit |
property Of any Kind required for any of |
the purposes of this corporation. with
our authority of the shareholders.
Intll the next general meeting to he |
held under this charter on the second
Monday in November, 1920 or until their
uuly qualified successors are elected and
installed, the Board of Directors shall be
composed of Ruel J. Siegel New OriaanS
La; John f. Garcia, New Orleans. Ia
ana Eugene \. Garcia, New Orleans La
win Ruel j. Siegel as President Eupene |
A. Garcia, as Vice president and John r |
Garcia, as Secretary Urea surer
ARTICLE EII.-This charter NAV no
and the capital stock of this cor
pcration may be increased or decreased
or inns corporation may be dissolved in
the method and manner provided nv law
ARTICLE VIII.-NO stockholder Of thIs
corporation shall ever be held liable or
responsible for the contracts or fauIts Of
t TINS corporation in any further sum than
me unpaid balance on the stock for which
he has subscribed, nor shall anv mere in
lormallty in organization have the effec,
OF rendering this charter null or of ey
posing a stakeholder to any liability than
as above provided. ~
ARTICLE IX.-No stakeholder may soil
assign or transfer his stock i'm this cor
poratlon without giving to the COMPANY.
through ~ Its secretary. thirty days notice
other stockholders shall have the first
privilege of purchasing the said stock AT
ne book value thereof for a period of
-hit9 ud!s from the said notice, after the
EXPIRATION of which time said stock may
De sold in the open market.
, mus done and passed, in nv office AT
me city of New Orleans La. on tho day
hohth, and year first above written in |
me presence of Thelma Elliott and ID Y
1ousSah, competent witnesses who here |
INTO sign their names, together with the
SAID appearers and me, Notary, after dine
reading of the whole W
Original Signed)
JNO. f. GARCIA.
SiXty-two (62) Shares.
X. j. SIEGEL,
SiXty-twO 1927 Shares
EUGENE A. GARCIA.
witnoss One Q) Share
ID. V. Doussan,
L, Elliott
c. T. STARKEY,
.ho Notary Public.
1, the undersigned, Recorder of Mort
cages In and for the Parish of Orleans.
state OF Louisiana, do hereby certify tba,
ne above and foregoing Act of Incornors-
ION OF Siegel- Garcia Motor COmpany In
orporated, was this day duly recorded
n my office, in Book 1881 folio 761
New Orleans, December , 1919
(SeaD
ISigned) EMILE J. LEONARD, DIV. Il.
hereby certify that the above and fore
oing is true and correct COPY of the r
rlglnal on file and of record in nv of
ice. " my vi
c. T. STARKEY.
Do Notary Public.