The herald. [volume] (New Orleans, La.) 1905-1953, 1919-03-13
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 one hundred and forty
third; before me, Frederic Charles Marx,
Notary Public, duly commissioned and
qualified, in and for the Parish and State
aforesaid. and in the presence of the wit
nesses hereinafter named and undersigned
personally came and appeared; the several
persons whose names are hereunto 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. 2oI
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
corporation and body polite in law for the
objects and purposes and under the articles
and stipuations 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 it shall have and enjoy corporate
existence for a period of ninety mine years,
unless sooner dissolved, in accordance with
the provisions hereinafter set forth, and
shall have and enjoy all rights, privileges
and immunties granted by law to corpora
tons; and under its corporate name it shall
have power and authority to contract, sue
and be sued, to make and a corporate
SEAL and the same to change, alter or
destroy, at pleasure; to purchase, hold, re-
ceive, hypothecate, convey, sell, lease,
pledge or mortgage real and personal prop
erty; to borrow and loan money; to issue
negotiable bonds and notes or other evil
dences OF debt; to 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-
latons for the proper management and CON
troll of the affairs of the corporation as may
be deemed Necessary by the Board of Direc-
| tors; and the same to alter and amend at
pleasure.
ARTICLE 1.-THE domicile os said cor.
poration shall be in the City of New Or
leans, State of 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 to be carried on by it hereby
declared TO be: to operate and maintain
tomobile service stations, to 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 lease,rent purchase and
maintain such buildings and premises as
may be necessary for the carrying of its
said business; to act as agents for manufac-
| 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 to the
business hereinafter described.
| ARTICLE IV.-The capital stock of this
corporation is hereby fixed at Five Thousand
Dollars (5,OoOOO). to be represented by Fifty
| $50 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 a going
concern and commence business And this
| corporation shall have the right, according
to law. 10 increase its said capital stock up
| to Seventy-fiv Thousand Dollars (S5O00Oo).
All shares of stock shall be paid for in cash,
property received or labor or services per-
formed. and must be fully paid before the
issuance Of the certificate therefor. and
same shall be on-assessable. 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 it's corporate powers shall be CON
Quoted by and vested in a board Of Dirrc
tors. composed of. three stockholders, whc
shall be elected by majority ot 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 tai
Ion a dies non then the said meeting and
election shall be held on the next following
judicial dav. Elections Of directors and
meetings Of stockholders shall be held a
the doricile of the corporation after p
! least ten O0D days notice in writing shall
have heen given to each stakeholder by mai
| according 70 law. Each stockh0lder sinai
he entitled 10 one vote for each share o
stock owned by him. said vote to be cas-
either in nerson or bv written nroxv. PC
rordire - law. and under such rules as tn
BOARD ~ Directors shall des'gnafe. -"
| -, members At the Board If Directors shal
| .o,s,;.,.e nuorr-r for the transaction n
business. The Board of Directors shall