The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-09
CHARTERS.


promissory notes other evidence OF m
debtedness; to create debts; to make and use
corporate seal; TO purchase and receive
lease hold. sell and convey, as well as mort
gage and hypothecate, property, real, person
al and mixed; to name and appoint such OF,
ficers and agents as the interest OF SAID
corporation may require; and 10 make ana
establish such bylaws and regulations tor
the proper management and reputation oil us
affairs as may be deemed necessary. and
the name to change, alter and amend al
pleasure.
ARTICLE 1.-THE domicilc Of this corpora
ton shall be in the City OF New Orleans,
| Parish OF Orleans, and all citations ana
other legal process shall be served upon the
| president OF said corporation, or IN casd OF
his absence, upon the vlce-president, Or IN
! case of absence of both OF these officers,
upon the treasurer hereof.
ARTICLE III.-The objects and purposes
which this corporation IS established, and
the nature OF the business to be carried On
| by it. are declared to be TO carry on a
| general automobile business to buy and sell
automobiles, tires, parts and accessories ana
| generally TO do all and everything IN con-
nection with the operation o: an automobile
| business to operate u garage. Or garages
| for the storing of automobiles, TO repair
| automobiles and generally 20 do all and
every act necessary and usually done IN me
operation OF a bonded warehouse tor ne
storage Of automobiles and aH'omo3ile parts
ARTICLE IV-The capital stock Of his
corporation shall be Fifty thousand 49,.
OUOUW dollars, divided into i've hundred
shares (5OO) Of the par 'aluc Of Ono hun
dreH $4,000 dollars each, and may hc III,
creased to the sum OF One hundred i.ousaLd
I(SIuUUoOO) dollars. divided in!o one thousand
$1,000 shares OF the par value Of One Hun
d,ci $4,000 dollars each, and thII corpora.
tiol IS :, be going concern when lsit-Ei II
Of the capital stock has ben subscribed Tor,
Each sharet OF said stock shall be entitled 10
-
a. all general elections or meetings ol the
stockholders.
Should the capital stock Of this corporation
ever be increased over the sum OF flity
Thousand ($50,WU0 dollars, then such addI,
tional shares of stock that may be issued
shall first be Offered to the holders OF stock
, at the time of issuance Al the book value
OF said new stock in the proportion IN winch
the said stockholders shall at the time OF
, issuance hold stock in this corporation
ARTICLE V.-No stockholder shall ever
be held liable or responsible for The m
; debtedness faults or defaults OF tins cor
poration, nor shall any mere lniormai'ty III
= the organization of the corporation nave inc
effect OF rendering the charter null or OF
Iexposiup the stockholders TO any LIABILITY
beyond the unpaid balance, II any, on ms
= stock subscription. Should any Stockholdei
: desire to sell his stock, he snail tirSt oile'
| the same to the stockholders OF the company
az its book value through its board OF direc
: tors and the stockholders who desire to pur
. chase shall have the right to purchase tA'
. | same in the proportion TO their hoidineN p"
!, stock in the company. Should sald SloSN
n holders in fifteen days after the notice nav
u ing been given, in writing fail or refuse t
e purchasc the stock offered for sale. sue
= stock may be sold TO any one No uanSie
: of stock shall be made or held to be vain
70 and binding unless made IN pursuance Of III
Z provisions of this charter.
ARTICLE VI.-ThiS corporation snah nay
T. all powers granted to such corporations
law and shall have the power to contTac
- sue and be sued in its corporate name an
10 to own, hold. receive, loan lease p9rcnae'
10 sell and convey mortgage any and ali
, its effects, or to hypothecate Its propert
III and TO do any and all acts and things
d any other kind nature description, as ma
~ be necessary to carry out the OBJECTS an
te purposes of said business as its interests an
H. conveniences may require
L ARTICLE VII.-rhe business OF this CO
}, roration shall be directed by and veSte
ld in a board of directors of four members, thrt
"A Of whom shall constitute a quorum Tor II
ry transaction of business, and the said dire
or tors as first constituted shall be Ed"a
IL Iumonville, Henry J. Jumonville, john
Diasselliss and George A. DiassellisS, az
us they shall hold office until the tirSt lue
ed dav in September 1920, and on that d
ee and on the same day thereafter, election
a shall be held annually for directors at II
IS, principal office of the corporation taiiu
ed to hold an election on the day specifled sha
no not dissolve the corpordNon' put 'fI
I'D rectors shall hold their respective otfic
NJ until an election shall be held after thlr
ne DAVIS notice of the time and place there
n given to each stakeholder The annu
ice election shall be held on the tirst lut
an dav in September, 1920, and thereafter
is the first Tuesday of September of each 81
in ceeding year, and the election shall be ne
'es between the hours of ten and twelve "a
-ty All vacancies on the board OF directors
aOf whatever cause shall be filled by the
nal naming directors.
IN Fdward JumonvilIe shall be the first pre-
on dent: Henry J. Jumonvile shall be the II
lch vice president; John L. Diasseiiiss shali
be the first second vce-president, and Neo'
I've A. Diasselliss shall be the hrst ueaSa q;
&C. and Nicholas Clements shall be the II
by secretary and they shall hold office III
the first Tuesday in September, 1920. or III
ISL their successors are elected ana eacn
ce- ceeding board of directors shall elect
the principal officers for the term OF their ei
lall tion and only stockholders shall be ellgi
in for election as a member of the board
ors directors The secretary need not De
of stakeholder or member of the board OF
ers rectors and any vacancy IN that Office 81
My be filled by the board. Directors may
ion either in person or by proxy
hi ARTICLE VIII-Whenever this corpc
by ton is dissolved, either by limitation or
auy other cause, its affairs shall be h'
IRA dated by the board OF directors, N wiz
or hereby vested with full power to sell
be or ali assets of the corporation, either sc
who rately or in a mass, and to convey fuil
sell complete title thereto, and shall have
her power to do and perform all acts necess
fuIl and proper to fully and completely III
ave date the affairs and distribute the proce
NEG Il any. among the stockholders OF the
tely corporation to the amount OF stock heid
pro- each. ..
q, ARTICLE IX-This act of incorpora
.ock NAV be amended, altered and modified
this corporation dissolved in the manner
ton vided by law.
or Thus done and passed, in my notariai
,ner flee. in the City of New Orleans, on
day. month and year first above written
rial the presence of Azelie Bennett and D
. of r. Lemle, competent witnesses, who n
wear unto sign their names, together win
ance parties hereto and me, Notary, alter r
npe- ing OF the whole . n.. co,;,,
,ned Witnesses: Ache peH'e'''
rites Lemle. III 40
q Of (Origrei Signed E. Jumonville, 4iS
rondelet St, New Orleans, L., 40 sha
II Henry ]. Jumonville, by Z. Jumonville,
Met Pine ST., New Orleans, La, shares;
oOo A. Diasseliss, 418 Carondelet ST., New
Ave leans, La, 10 shares; Jno. l. DIasSeI
, r, 1923 Whitney Bldg, New Orleans La
cans sha'e' A. A. MORENO,
H. Notary Publ
fort I. the undersigned Recorder OF Mortg
~ :, and for the Parish of Orleans, Stat
thot louisiana, do hereby certify that the a
80 md foregoing Act of Incorporation OF
In General Automobile Company, was TINS
I'd in duly recorded IN my 'iN'
Folio $50. ,o,o