The herald. [volume] (New Orleans, La.) 1905-1953, 1920-02-26
CHARTER OF. THE AUTOMATIC REG
lister SALES COMPANY. INC.

United States Of America. State of Louis
lana, Parish 6f Orleans, City of New Or
leans. BE Ii known, that on this 18th
Of our Lord. one thousand, nine hundred
and twenty: before me, Henry George
Mccall; a notary public. duly commission
eo and qualified In and for the Parish
and State aforesaid, therein residing, and
In the presence of the witnesses herein
after named and undersigned, personally
came and APPEARED the persons whose
names are hereunto subscribed, who sew
orally declared that: availing themselves
of the provisions Of the laws Of this
State relative to the organization of
corporations. they have contracted, cove
CONSTITUTE themselves, and do hereby bind,
form, and constitute themselves, as well as
all such other persons as may hereafter
join or become associated with them, into
the objects and purposes and under the ar
tlcles, agreements and stipulations fol-
ARTICLE 1.-The name and style of
this corporation shall be the Automatic
Register Sales Company, Inc, (of Louis
lanai and under that name 1t shall have
and enjoy all the rights, advantages ana
privileges granted by law to corporations,
anu shall exist for the period of ninety
nine years from this day. 1t shall have
power to. contract, sue and be sued; to
make ana use corporate SEAL and the
same to break and alter at pleasure; to
hold, receive, lease. reclaim, purchase and
convey, as well as mortgage, hypothecate
and pledge property, both real and per-
sonal TO issue bonds. notes and other
obligations or negotiable instruments; to
name and appoint such managers, direc-
TORS, oificers, agents and other employees
as the interest and convenience of said
corporation may require or demand; to
make and establish such bylaws, rules
and regulations for the management and
control OF its business and affairs as may
De deemed necessary or expedient, and
the sane to change and alter at pleasure;
ana proper TO carry out the objects and
purposes of said corporation.
ARTICLE 1.-THE domicile of said cor
poration is hereby fixed In the City of
New Orleans, In this State. All citation
and other legal process shall be served
on the president. and, In his absence, on
the secretary OF the corporation.
poses for which this corporation Is or
ganized and the nature of the business
70 be carried on by IL, are hereby de-
ciared 70 be: To acquire all and singular
man, Jr., In and to two certain contracts
with the Automatic bookkeeping Register
Company of Delaware; to have the ex-
automatic bookkeeping registers and adj
ding machines. and all accessories there
unto belonging, manufactured or to be
manufactured by the said Company. and
for the exclusive sale for the State of
Louisiana of all other products that may
or shall be manufactured by the said
Automatic Bookkeeping Register Com
pany of Delaware: and generally to do
and engage in any other business, un-
derfakfng or enterprise, connected with,
growing out OF or incidental to any of the
purposes hereinabsve set forth.
The consideration for which said con-
tractual rights are to be acquired is here
BY declared TO be the sum Of nineteen
thousand. eight hundred ($19, S00.OO) dor
lars. represented by one hundred and
ninety eight (19Sl shares Of this corpora
ton OF the par value of one hundred
t$1O0.00) dollars each
ARTICLE Iv.--The capital stock of said
corporation Is hereby fixed at the sun
OF twenty thousand ($20.OO0OO) dollars
divided into two hundred shares Of the
par value OF one hundred dollars each,
which stock shall be paid for In cash
or property, NJ such times and IN such
amounts as may be determined upon by
the Board OF Directors.