The herald., 1919-04-17
CHARTER.
CHARTER OF MORE MILEAGE RUBBER
SALES COMPANY. INCORPORATED.

United States Of America, State Of Louis
lana, Parish Of Orleans, City OF New Orleans
Be it known that on this third day OF the
month OF March. in the year Of our Lord
one thousand nine hundred and nineteen
and Of the independence of the United States
Of Rmerica, the hundred and forty
third; before me- Frederic Charles Marx, a
Notary Public. duly commissioned and
qualified in and for the Parish and State
aforesaid, and in the presence OF the wit
uesscs hereinafter named and undersigned
personally came and appeared; the several
persons whose names are heTeurto SUB
scribed, who severally declared that, avail
ing themselves OF the laws OF the State OF
Louisiana, relative to the organization OF
corporations, and particularly OF Act No. 1o'
Of 1914 OF the General Assembly OF the State
Of Louisiana. they do, by these presents
for themselves and their associates, success
sors and assigns, form themselves into a
corporation and body polite in law, for the
objects and purposes and under the articles
and stipulatl1us hereinafter set forth, to-
Wit.
ARTICLE I.-Th name OF this corporation
shall be the More Mileage Rubber Sales
Company, Incorporated, and under that
name, II shall have and enjoy corporate
existence for a period OF ninety-nIne years,
unless sooner dissolved in accordance wItF'
the provisions hereinafter set forth, and
shalt have and enjoy all rights, privileges
and immunties granted by law to corpora
t0ns; and under its corporate name It shall
have power and authority 10 contract, sue
and be sued, 10 make and use corporate
seal and the same TO change, alter or
destroy, at pleasure; TO purchase, mold re-
ceive, hypc;heCate, convey, sell, lease,
pledge or mortgage real and personal prop
crty; to borrow and loan money; to issue
negotiable bonds and notes or other evl-
dcnces Of debt; 10 have and employ such
managers officers, agents and other employees
as its interests may require; and to make
and establish such bylaws, rules and regu-
ron
troll Of the affairs Of the corporation as may
be deemed Necessary by the Board OF Direc-
tors; and the same 10 alter and amend at
pleasure.
ARTICLE 1.-THE domicile of said cor
poration shall be IN the City Of New Or
leans, State u Louisiana, and all citation
or other legal process shall be served upon
the President and in his absence or inability
to act upon the Secretary and Treasurer.
ARTICLE III.-The objects and purposes
Of this corporation and the nature OF the
business 20 be carried on by it are hereby
declared 10 be: 10 operate and maintain au-
tOmoble service stations, 10 repair, over
haul, and complete automobiles; to deal IN,
buy, sell, and furnish all automobile parts
accessories. tools and incidentaIS, including
oils and gasoline; TO operate and maintain
garages: to buy, sell, rent, lease, store and
hire automobiles: to lcase,rent, purchase and
maintain such buildings and premises as
may be necessary for the carrying on OF its
turers OF automobiles and automobile sup
plies and incidentals; and to do and carry
on a general automobile business and gener-
ally to do and perform any and all things
in any way necessary or incidental 10 the
business hereinafter described
ARTICLE IN.-The capital stock Of this
corporation is hereby fixed at Five Thousand
Dollars (S5,00OOO), to be represented by FIFTY
GO) shares Of the par value Of One Hundred
Dollars $4,000 each; and Four Thousand
Dollars Of said stock shall be subscribed
for before the corporation shall be going
concern and commence business. And this
corporation shall have the right, according
to law. to increase its said capital stock up
to Seventy.five Thousand Dollars (S5,OOOOO).
All shares of stock shall be paid for in cash,
property received or labor services per-
formed. and must be fully paid before the
issuance OF the certificate therefor, and
same shall be worcestershire. Said stock
shall be represented by stock certificates.
transferable only on the books of the cor
poration. on surrender of the outstanding
certificates or proof of its loss, and under
such rules as the Board of Directors may
prescribe
ARTICLE V.-The business of this corpo-
ration and its corporate powers shall be con-
Quoted by and vested in Board of Direc
tors. composed Of three stockholders, who
shall be elected by a majority of the stock
at the annual meeting, which shall be held
on the First Wednesday of March OF each
year. In the event that said day shall fall
on a dies non, then the said meeting and
election shat be held on the next following
judicial day Elections of directors and
meetings Of stockholders shall be held at
the domcile the corporation after at
least ten O0l lays notice in writing shall
have been given 10 each stakeholder by mail
according TO lew. Each stakeholder shall
be entitled 70 vote for each share of
stock owned by him, said vote to be cast
either in person or by written proxy, ac-
cording to law, and under such rules as the
rhoI
(O members of the Board of Directors shall
constitute quorum for the transaction of
business. The Board of Directors shall
elect from its number a President, a Vice
President and a Secretary and Treasurer at
its first meeting after its election, and any
or all OF said office may be consolidated.
Any vacancy occurring among the Board Of
Directors officers shall be filled by the
said Board Of Directors Until the first
Wednesday in March 1920, the following
shall be and constitute the Board of Di-
rectors, viz: A. c. Lowther, 6l9 Baronne
Street, New Orleans, Louisiana; c. 7. Jay,
SH St. Louis St. New Orleans, Louisiana,
and L. McMains, SH ST. Louis Street. New
Orleans. Louisiana, with A. c. Lowther, as
President. c. T. Jay. as Vice President, and
l.. McMains as Secretary and Treasurer,
all of whom shall hold office until the
first Wednesday of March, 1920, and until
their successors duly elected and quail
fled
ARTICLE Vino stakeholder shall ever
be held liable for any greater amount than
the unpaid balance due on his stock sub.
scripton, nor shall any mere informality in
the organization increase his liability.
ARTICLE Widths act of incorporation
may be changed, altered or modified by a
vote of two.thirds of all its stock at a meet
ing of the stockholders of said corporation
held according to law. And this corpora
ton may be dissolved according to the pro.
visions OF Sections Is etc of Act 267 of 1914
of the General Assembly of the State OF
louisiana Whenever this corporation is
dissolved, its affairs shall be liquidated by
two liquidators elected by the stockholders
at the general annual meeting, or at a special
meeting called for that purpose according to
law, in case of death or inability to act
continue TO act and liquidate the affairs of
the corporation.
Thus done and passed at the City of New
Orleans on the day, month and year herein
above first written in the presence of ].
Miller and Charles Haggerty. competent wit
nesses, who hereunto sign their names with
the said appearers and me, Notary, after
due reading of the whole.
Witnesses: !. Miller, Charles Haggerty
(Signed) A c. Lowther and others.
FRED. c. MARX.
Notary Public
State of Louisiana Parish of Orleans
l, the undersigned Recorder of Mortgages
in and for the Parish of Orleans State of
Louisiana, do hereby certify that above and
foregoing act of Incorporation of the More.
Mileage Rubber Sales Company Incorporated
was this day duly recorded in NV office in
Book l22S. Folio -
Nv Orleans, La, March 9th, 1919