The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1919-07-12
CHARTER
OF THE
The Southern Highway Garage, Inc.

Be it known that on this 2lst day Of
May nineteen Hundred and Nineteen),
1919, before mo, Wilbur H. Kramer,
Clerk Of Court, ex.officio a Notary
Public, duly qualified and commissioned
within and for the Parish Of st. Mary,
State of Louisiana. and in the presence
IL the witnesses hereafter named and
Undersigned.
Personally came and appeared the SOW.
Draf persons whose names are hereunto
all OF the age of majority. who
declared that availing themselves OF the
provisions of the laws of this state rcla.
1.-Two to the organization OF corporations.
hey hereby form themselves and those
who may hereinafter become associ Ated
with them, into q corporation. for the
objects and purposes and under the
hereinafter set forth.
ARTICLE I.
EXERCISE OF CORPORATE POWERS.
The name aud title Of the corporation
sh ali be THE SOUTHERN HIGHWAY
GARAGE, INC, and under its cor
pOration name it shall have and enjoy
succession and existence for period of
Ninety mine (99) years from tho date
hereof; and shall have, enjoy and pos
sess all tho powers, rights, privileges,
and immunities accorded to corpora
tions under the laws OF this State; to
contract, sue and be sued; to mrke and
use corporate seal, and the same to
alter and break al pleasure; to hold.
receive. lease, purchase and convey.
as we'll as mortgage and hypothccate
property, real, personal, and mixed,
corporal and incorporate; to name and
appoint such managers, agents, direc-
tors and officers as its business. interest
and convenience may require; and to
make, establish, rs well as alter and
amend, from time to time such laws.
rules and regulations for the proper
government of the affairs of sid COR.
porati0n, as may be necessary and proper.
ARTICLE ii
DOMlCILE AND CITATION.
The domicile of this Corporation shall
he in the Village of Centreville, Parish
Of St. Mary, State Of Louisiana, and all
citations aud other legal process shall be
served upon the President of the said
corporation, or in the event of his alb
sence upon tho Vice President thereof,
and in the absence of both of the said
officers, upon the Secretary Of the Cor.
pOralion.
ARTICLE III.
OBJECTS AND PURPOSES.
The objects and purposes for which
this corporation il organized and the
nature of the business to be carried on
bv it, are hereby declared and specified
to he: To act as the selling agents or
of the manufacturers Of
automobile parts, trucks,
tractors, power driven vehicles of all
K inds, tires. accessories and specialties
Of all kinds; to buy aud sell automo-
biles, automobile parts and accessories
uf all kinds, trucks, tractors power
driven vehicles of all kinds, or parts Of
same, tires, oils, grease and gasoline;
and to acquire, own and operate .
garage at Centrevl;e, La, operating
service station and doing general and
special repair work upon aud for autos
to own, let, lease, and hire
and to operate a livery
service; to establish branch agencies or
garages wherever it may desire, and
with full power to buy, hold, sell and
exchange all classes of goods, wares,
and personal property a.
u ul0y u6DtIC W uduulCS obu III WIG
interest of such business, to make such
advances a. are required; and it shall
also have the power 10 buy, soil. bold,
lease, mortgage, ALLEVIATE and deal in
real estate Of all sorts ana to erect
thereon, lease, let and rent
same: to acquire and hold, sell, encumber
or dispose uf stock and bonds of o her
to such extent permitted
by law; to exchange it's entire capital
stock, or any part thereof, fnr property
which it is authorIz ID to acquire, or to
exchange it's entire assets aud business,
or any part thereof, for property, stock.
bonds, or other obligations of other
aud it shall have power to
receive security by way of mortgage
and pledge, or 10 any other manner,
and to borrow money and to issue notes
and secure same by mortgage. pledge or
otherwise; and generally to do all
things necessary and properly connected
with or incidental or convenient to any
Of said obligations and purposes.
ARTICLE Nv.
CAPITAL STOCK.
The capital stock Of said corporation
10 hereby fixed at FIVE THOUSAND
S3,UUU.VU| OOLLhnS, uiViucu iuoo anu
by fifty (50) shares of stock
Of the amount of One Hundred (3l0O O0)
Dollars each, to be issued from time to
limo BY the Board of Directors. to such |
persons aud IA such amounts as
L MAJ de- m m ISL advantageous
to the corporations; to be paid
for in cash vi other Valuable considera-
ton, when issued, never les, than its
actual value. az shown by the books OF
he corporation at the date of issuance,
and at no time less than it's par value of
bne hundred dollars (Sl00. OOl per share.
The corporation shall be a going con-
Germ when Is shares t25D shall have been
I'll bscribed, and valid consideration
paid therefor.
TRANSFER OF STOCK.
Il any stock shall be sold by it's owner