The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-25
CHARTER.
ACT No. -, NOVEMBER IL, 1919.
ACT OF INCORPORATION OF THE
FEDERAL TAN SERVICE AND
AUDIT BUREAU, INC.

United States of America, State of Louis
lana, Parish of orleans. city OF New or
leans. BE it known. that on this 18th
day of the month of November, IN the
year of our Lord. one thousand, nine
hundred and nineteen O9l9l, and of the
Independence of the United States of
America. the one hundred and forty
fourth before me. James Clark Henri
queS, "A notary public, duly commissioned
and qualified. i'll and for the Parish of
Orleans, State of Louisiana, therein re
siding, personally came and appeared the
persons whose names are hereuuto sub
,cribtd. who declared that ayaillnE them
selves of the provisions Of the laws OF
this State relative 10 the organization OF
corporations, and more particularly OF
Act No. 26I of the General Assembly ot
this State approved July 9, 1914, they
have couvcnanted and agreed, and do by
these presents covenant and agree. bind,
form and constitute themselves, as well
as such persons who may hereafter JON,
or become associated with them, into Il
corporation and body polite i'll law, Tor
| the objects and purposes and under the
agreements ana stipulatiOns following to
! Wit:
| ARTICLE 1.-The name and style of
/ this corporation shall be The Federal
| Tax Service X Audit Bureau. Incorporated,
and under that name it shall have and en-
| JOY all the rights, advantages ana prlNl-
! lrgrS granted by law to corporations; II
| shall exist for period of nine nine years
! from this date: il shall have the power
! to contract, sue and be sued IN Its cor
| poratr name, to make and use cor
! pOratc seal, and the same to break or
! alter AT its pleasure. To have and employ
! such managers. directors. officers, agents
and other employees as the interest ana
| convenience of said corporation may re
| Quire or demand; to make ana establish
| such by laws. rules and regulations ior
the corporate management and control ot
the affairs of the corporation as may be
deemed necessary, convenient and eNpedl-
ent.
ARTICLE II-Thc domicile of this cor
poration shall be in the city OF Ne"
orleans. State of Louisiana, and all eta
tions and, other legal process shall b.
} served on the President, or in his absence
, on the Nice-PreSidcnt.
ARTICLE III.-The objects and pur
poses for which this corporation Is or
| ganiZed. and the nature of the business Il
be carried on by it, are hereby declared Il
be as follows, tO-wit:
To engage in the business of prepare
ton of Federal Tax Returns, Claims To-
Refund and Abatement; Internal Revenue
Matters, Installation of Accounting SyS
TENS Auditing and Investigating Books o
| individuals, Co-PartnerShipS and Corpora
tons, and generally to do ana perform
any thing or act necessary, convenient %
: proper for the carrying into effect th'
= above named objects and purposes. :,
p ARTICLE " The capital stock o
this corporation is fixed at the sum o
: into one hundred 600 shares of the pa
value of one hundred dollars $4,000
each. All shares of stock shall be full paiI
e and non -asSessable.
Said stock shall be paid for in cash. o
the same may be issued, at not less thar
!, par. for labor done or for services rem
l dered to the said corporation, or for prop
= erty or rights actually received by SAT-
corporation.
This corporation shall have the right t.
e increase its capital stock up to the turthe
5 sum of thirty thousand dollars t$3O,OO0OOl
or any part thereof to be divided INT
, shares of one hundred dollars $4,000
each, provided said increase in capita
= stock shall have been authorized by tn
q stockholders at a meeting held pursuant t
= the provisions of law.
, This corporation shall be and become
! going concern when fifty 900 per cent o
its stock shall have been subscribed.
= ARTICLE Van the corporate power
4 of this corporation shall be vested in. an,
= exercised by, a Board of Directors com
= posed of three stockholders, a majority o
;, whom shall constitute a quorum for tn
4 transaction of all business.
The Directors shall be elected annual
by ballot by the stockholders. on the frs
e Tuesday of January in each year.
r The first Board of Directors of thi
$ corporation shall consist of John
d Maught, l.. T.. Schenck and C. F. Young
e man. whose post Office addresses are NeN
d Orleans. La. with John A. Maught a
}, President and Treasurer; L. Il. Schenck a
d Vice President and G. +. Ioungman a
re Secretary. to serve until the next annui
le election or until their successors hay
n been duly elected and qualified.
Iei No failure to elect Directors shall be r.
d garded as forfeiture of this Charter.
Any vacancy occurring on said Boar
ID of Directors shall be filled within ten day
~ at meeting of the stockholders Gale
~ for that purpose.
k Said Board of Directors shall have Il
to
Id |