The herald., 1919-10-02
CHARTER OF STUFF SOUTHERN SALES
COMPANY, INCORPORATED.

Sept. 1S.-October %.
CHARTER OF STUFF SOUTHERN SALES
COMPANY, INCORPORATED.
United States of America, State of Louis
lana Parish of Orleans, City OF New Or
leans. Be it known, that on this 5th day
of September, 1919, before me, Edward
Rightor, Notary Public duly commissioned
and qualified. in and for the Parish and
State aforesaid, therein residing, and IN the
presence of the witnesses hereinafter named
and undersigned, personally came and ap-
peared; the persons whose names are here
unto subscribed. all of the full age OF ma
iorty and residents of this city, who sew.
orally declared that, avalhng themselves or
the provisions of Act No. 267 of the General
Assembly OF Louisiana of 1914, they do, by
these presents, covenant and agree and bind
themselves, as we'll such other persons as
may become hereafter associated with them,
or body polite in law, for the objects and
purposes and under the stipulations follow
ing:
ARTICLE 1.-The name and title of this
corporation shall be: "Stutz Southern Sales
Company. Incorporated" of New Orleans.
La. and under that name it shall have and
enjoy all the rights, privileges and advan-
tages granted by law to corporations. and
shall have the power and authority to en-
Joy succession and corporate existence for
from the date hereof, unless sooner dissolved
in the manner hereinafter provided for.
Said corporation shall have power and au-
thority to contract; TO sue and be sued; 70
make and use corporate seal, and the same
to break, alter or amend at pleasure; 70 hold,
receive, purchase, convey, deliver, mortgage.
hypothecate and pledge any property, real
or personal and to issue notes and other
obligations negotiable instruments or other
evidences of debt; to have and employ such
mo- a1I a
the interest and convenience of said cor
poration may require or demand and to make
and establish such bylaws rules and regu-
lations for the corporate management and
control of its affairs as may be deemed nee
cssary and expedient.
ARTICLE 1.-THE domicile of this cor
poration shall be in the city of New Or
leans, Parish of Orleans, State of Louisiana.
and all citations and other legal process
shall be served on its President, or in the
event of his absence, upon the Secretary
Treasurer.
ARTICLE IIT-The objects and purposes
for which this corporation is formed and the
nature of the business to be carried on by it
are hereby declared to be: To act agent
new and second hand automobiles. trucks
and other self-propelled vehicles of every
description; 10 own and operate garages and
bonded warehouses for the storage of auto
mobiles, trucks dother self propelled We
hcles in bond: to repair automobiles, trucks
and other self propelled vehicles; and 10
handle as agent or otherwise, automobile
truck and other self propelled vehicle asces-
series of every description; and generally 20
do all things necessary and proper pertain
ing or incident to such business. Said cor
poratlot shall have power to conduct bust
ness in the State of Louisiana, in the
United States and its territories and pos.
sessions, and in foreign countries.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum OF
Ten Thousand (SlO,00O0 Dollars. divided
into and represented by One Hundred GOO)
lars $4,000 each. Which stock may be
paid for in cash, property, good will, I'M
der such terms and conditions as the Board
of Directors may see fit. The capital stock
OF this corporation may be increased, from
time to time, to sum not to exceed Fifty
Thousand CS50OOO0 Dollars, on a two thirds
vote of the stockholders.
Such stock shall be full paid and non.
assessabe. All stock of this corporation
provided for herein or that which may here.
after be issued. shall be valid only if signed
by the President and counter-signed by the
ecretary-Treasurer. All transfers of stock
shall be valid and binding only when made
on the books of the corporation. Before any
stakeholder shall sell dispose of his stock
in the corporation, he shall give thirty davs
written notice of his intention so to do 10
the corporation, during which thirty DAYS
the corporation itself shall have the right OF
purchasing the stock at its book value
This corporation shall begin business as soon
capital stock has been subscribed, as pro.
vided for in Section ?, Act 267 of the Gen.
eral Assembly of the State of Louisiana fol
the year 1914.
ARTICLE V.-All the corporate powers OF
this corporation shall be vested in and ex.
ercised by a Board of Directors, to be com
posed of four stockholders each of whom
shall own in his own right at least one full
paid unpledged share of the capital stock
two members of whom shall constitute a puo
| rum for the transaction of business. The
annual meeting of the stockholders shall BE-
held on the 18th of August of each year
or the first working day thereafter. The frs
election for directors under this charter shall
be had by ballot, at the annual meeting Of
| the stockholders, to be held on the 31st o.
December, 1919, and annually thereafter. No
tice of such meeting, in writing, shall BIZ
given to each stakeholder by mail addressed
TO his her last known postoffice address
at least fifteen days before the date of sucf
meeting.
AT all such elections and at all meeting.
of the stockholders, every stakeholder shall
be entitled to one vote for each share o.
the stock standing in his name on the books
of the corporation at the date of such cleo
ton or meeting; said votes may be cast
in person or by proxy, the said proxy tc
be in writing, and a majority of votes cas-
| shall elect. All meetings of directors shall
be held at the domicile of the corporation
unless all the directors shall in writing con
sent otherwise. The failure to elect drec
tors at the annual meeting shall not dis
solve this corporation impair its manage
ment in any way, but the directors then in
office shall remain in office until their sue
cessors are elected and qualified
The Board of directors at their first meet
ing following each election shall elect from
| their number President and a Secretary
Treasurer, and the board shall have the
power to fix the salaries of such officers anC
| agents as they deem necessary. Vacancies
occurring in the board of directors may b,
filled until the next ensuing meeting of The
stockholders by the remaining directors, OF
director, whether a quorum remain or not
Special meetings of the stockholders may b.
called by the Board at any time, and shall
be called at the instance of the shareholder.
holding twenty five per cent of the stock o.
the corporation, and of all such meetings
notice shall be given in the manner provided
| for herein
Until the meeting of the stockholders TO
election of directors to be held under tni
| charter on the 3lst of December, 1919, or un
| til their duly qualified successors are elect
| ed and installed, the Board of Directors shall
| be composed of: H. A. Soulie, 836 Pine ST.
| w. L. Snider, 1919 Pine ST.; w. c. Mat
| thews, PIG n. Cortez St, and N F. Muller
| 1917 Peters Ave, all of New Orleans, La.
! with the said w. L. Snider as President an,