The herald., 1919-11-06
CHARTER OF KING MOTOR CO., INC.

United States of America, State of Louis
lana, Parish of Orleans, City of New Orleans.
Be it known that on this twenty-second day of
the month of September, 1919 before me- Ed
ward B. Ellis. Notary Public, duly commits
stoned, in and for the above-named parish and
! state, personally came and appeared the sew
eral persons whose names are hereunto sub
scribed, who, in the presence of the witnesses
hereinafter named and undersigned. each and
all declared that, availing themselves of the
laws of the State of Louisiana on the subject
of the incorporation of corporations, and espe-
cially of Act No. 267 of 1914, they have organ
ized and do by these presents organize and
| constitute themselves, as well all other per-
! sons who may hereafter become associated
! with them, into corporation and body polite
in law, to enjoy corporate existence during a
period of ninety-nine (99) years after this
| date, unless sooner dissolved, and under the
| following stpulations. which they hereby
adopt as their articles of incorporation, or
| charter. to-wit:
| ARTICLE 1.-The name of this corporation
! shall be King Motor Co.. Inc.," and it's domi-
, cile is hereby declared to be in the City of
New Orleans. State of Louisiana, and all cita-
! tons other legal process shall be served on
! the President and, in his absence, the
| Secretary.
ARTICLE 1.-THE objects and purposes of
! this corporation, and the nature of the busi-
| ness to be carried on by it, are hereby de-
clared to be as follows: To manufacture, buy,
sell, import export and generally deal in.
operate and let for hire, all kinds of automo-
| bies. trucks and tractors and all parts and
accessories thereof: to build, maintain, rent
| and operate buildings, storage houses. and
garages, for the storing, caring for and keep
| ing for hire therein of all kinds of automo-
| bies motor vehicles to acquire the good
WILL rights and property and to undertake the
| whole any part of the liabilities of any per-
| son or corporation, and to pay for the same in
| cash, stock or securities of this corporation
| 20 buy, sell or generally to deal in tires for
automobiles to take, acquire, purchase. own.
rent, lease, sell, exchange and mortgage or
| otherwise develop or deal in any and all prop
erty, real and personal, of every description,
either separate from or which may be incl
dental to any of the business herein to man
ufacture, deal in, buy and sell compressed air,
gasoline and any other thing useful for or
used motor power for vehicles to buy, sell
and deal in all kinds of commercial paper,
mortgages, notes, stocks and bonds, and to
mortgage and hypothecate automobiles of every
description, with full power to borrow or lend
money, secured by mortgage otherwise to
do all and everything necessary, convenient
or proper for the accomplishment of any of
the purposes herein stated, and to do same
either within or without the State of Louis
lana.
ARTICLE III.-The capital stock of this
corporation is hereby fixed at the sum of
twenty thousand (s20,000.00) dollars, divided
into two hundred (200) shares of one hundred
(Sl0000) dollars each; one hundred (l00) of
which shares shall be preferred stock, class
"a; fifty (50) shares shall be preferred stock.
class 3D., and fifty (50) shares shall be COM
mon stock. All of the preferred stock shall be
entitled only to annual dividends at the rate
of per cent per annum, which shall be cumu-
lative, and all of the preferred stock to be
non-voting, except that the preferred stock,
class "a, issued and outstanding, shall pro-
rate, receive and be paid annually, and which
shall be cumulative; the first three thousand
$3,000.00) dollars of the net profits shown
to be made at the end of each fiscal year.
Otherwise the preferred stock shall have no
further interest in the assets or profits of the
company. The preferred stock, class 'B', or
any part thereof, may be retired by the Board
of Directors three 80 months from the date OF
its issuance. or at the end of any succeeding
month, upon the payment to the holder the
par value only and all dividends due to the
date of payment. The stock may be increased
to one hundred thousand dollars (Sl00, 100000
All stock must be paid for in money, services
rendered to the corporation, or in property
transferred to the corporation
ARTICLE IV.-A1l of the corporate powers
of this corporation shall vest in and be exer-
cised by a Board of Directors. composed of
three (3) stockholders of this corporation, to
be elected at meeting of the stockholders
held for that purpose, at the domicie of the
company on the second Tuesday of October of
each year, beginning with the second Tuesday
of October, 1920, notice of which meeting shall
be given to each stakeholder at least fifteen
(l5) days prior to each meeting, either per-
office, properly addressed to the last known
address of each stakeholder, as shown by the
books of the corporation, at least fifteen Q5)
days before such meeting.
The first Board of Directors of this corpora
ton is hereby declared to be composed of
Edward B. Ellis, residing at 2727 St. Charles
Avenue. New Orleans; H. c. Miller King. re-
siding at 2S4l Chestnut Street, New Orleans,
and Francis ]. Keller. residing at 1926 Sixth
Street, New Orleans. and they shall hold office
until the second Tuesday of October. 1920. or
until their successors are duly elected and
qualified; with H. G. Miller King as President,
Edward B. Ellis as Vice-President. and F. J.
Keller as Secretary-Treasurer with E. B. Ellis
as chairman of the board.
The Board of Directors shall, Immediately
after their election and qualification for office
select from among their number President
a Vice-President. and Secretary-Treasurer
provided the office of Secretary and Treasurer
might be held by the same person. NJ C.
Carter is selected as Assistant Secretary-Treas-
urer.
At such election of directors, each common
vote for each share of stock owned by him,
either in person or by written proxy, but
voting shall not be cumulative.
Any vacancies occurring on said board shall
be filled by the remaining members at any
regular meeting, or at any meeting called for
that purpose by the President or, in his abb
sence. by the Vice-President-
The said Board of Directors shall have power
to appoint agents and employees for this cor
pcration, or to remove the same at pleasure.
and they shall also have the power to fill any
vacancies in their number, and shall make
such bylaws from time to time and amend
the same as they may deem expedient-
ARTICLE V.-This corporation may begin
business at once. the necessary amount of stock
being subscribed for herein.
ARTICLE VI.-This charter may be amend
ed, the capital stock thereof increased or de-
creased. or this corporation dissolved in &C.
Legislature of Louisiana for the year 1914.
Thus done and signed in my office. at New
Orleans, Louisiana. in the presence of Florence
Pfueger ard Eva Schew. competent witnesses,
on the twenty-second day of September, 1919.
after due reading of the whole the subscribers
to this corporation hereby affixing their names
and the amount of stock respectively sub
scribed for by them, and hereby declare this
to constitute their subscription list
Names of subscribers omitted)
EDWARD B. ELLIS.
Notary Public.
I. the undersigned. Recorder of Mortgages
in and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation of the
King Motor Co., Inc.," was this day duly re-
corded in my office in Book 1921, folio -.
New Orleans, La-,...--.-.....-..--..-.-, 1919.
A true COPY:
EDWARD B. ELLIS.
Notary Public.
Oct 2-s-16-23-3o-Nov. 6.
CHARTER OF THE LEE CIRCLE
REALTY COMPANY,
INCORPORATED.