The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-17
CHARTER
necessary for the proper carrying on of
| the business of the corporation.

necessary for the proper carrying on of
the business of the corporation.
ARTICLE VI.-Whenever this corpora-
ton may be dissolved, either by limita-
ton or from any other cause, its affairs
shall be hquidated by three commissioners.
to be appointed from amongst the stock
holders at general meeting of the stock
holders convened for such purpose, Of
which meeting notice shall be given in
the manner and time provided for stock
holders meetings by Article VII of this
charter, ana tWO-thirdS in amount of the
capital stock of said company shall be
requisite to elect. Said commissioners
! shall remain in office until the affairs of
said corporation shall have been fully
| liquidated. In ease of death of one or
more of said commissioners. the vacancy
| shall be filled by the surviving commits
siOnerS.
ARTICLE NII.-ThiS act of incorpora-
| ton may be modified. changed. or altered
or this corporation may he dissolved, OF
| the capital stock may be altered. in ac-
Cordance with law. at a meeting of StO, X
| holders called for the purpose. after notice
shall have been given by written notice
| {" each stock holder. delivered to him
personally or mailed to him at the poSf
| Office address. designated by him in writ
/ ing at least fifteen (lj) days prior To the
| date Of meeting.
ARTICLE NIII.-No stakeholder shall
ever he held liable or responsible for the
| fbhlFd'l>. lauiS or DEBTS OF said corpora
/ ton ia any further sum than the uhuaid
| balance due the corporation on shares of
| Sto'F owned 10y him, nor shall any mere
| iuforTalitr in organization have the Eject
! Of rendering this charter null or of cN-
posing n stakeholder TO any liability be
yond the unpaid amount remaining .ar
| on his stock.
! ARTICLE IN.-The first Board Of hi
! rcctOrs. chosen and selected shall be Edgar
g. Gould: AZ Lowcritne St. New Orleans.
Arthur l.. Jackson. 1863 Coliseum ST. New
| Orleans: Jewell y. Spcruug. 2l2l Penis
ton st. New Orleans: with the said Edgar
J 6. Gould, president Jewell \ SperIiuy.
! vice president and general manager: and
Arthur T.. jackson. secretary treasurer. to
/ serve rs such until the first Tuesday in
June, 1921. or until their Successors shall
! nave been duly elected and qualified
ARTICLE The subscribers to the
capital stock of this corporation are .
Nallie j. D0dd. 1000 shares: Jewell \
Sr"rilnG, Zoo shares: Edgar g. Gould.
| 900 shares. Arthur l.. Jackson 200 shares
George u. Williams 500 shares: Frank II
Baxter. $50 shares. Three thousand shares
fully paid stock shall he issued TO Valle
J. bodd and Jewell y. Sperliug. sub
| scribcr> hereto in above rrSprcrlv-
amounts in part consideration. aud twenty
thousand (>2uOOOGO dollars payable two
and four months from date. represented
hy tW" promi>>Ory notes of ten thousand
tSlO.OOO. OND dollars each. signed hv thp
.
payable 10 the order of themselves and
endorsed 10y them. Whrrefor the Sail
Nalli" j. Dndd and Jewell ~ SprrIing
hereby sell, assign. transfer. set over and
deliver all of their rights title and inter
est in. aud To. certain secret formula
copyright and patent No. aOI6g kuCyyn
as "hOdd'> Worlds Greatest Puncture
Cure for TIA" treatment of inner tubes of
automobiles. trucks. etc. together with all
the assets and good will of the business
formerly conducted by V. j. Dodd and
Co. co-partnerShip composed of VaIlia
~. Dodd and Jewell \. SperlinC in the
'ltN OF New Orleans. and this company ar-
: c"ptS same aud ackuow hedges due delivery
thereof
The said appcarcrS being all of the sub.
ScrihcrS hereto aud officers hereof being
by me. Notary. first duly sworn. did de.
pose and say. that they are familiar with
me property hereinabovc transferred ia
this company by said Nallip J DOdd and
Jewell y. Spcrlng. that same is well
known to them and by each of them 10
he fully appraised M the sum of fifty
thousand (S50OO0OO dollars.
Thus done and passed. mt the CITY o
New orleans on the day. month and year
hrreinahore first written in the prcSenr,
OF =. Ryan and J. g. BOuligny. competent
witnesses. who horcuntO sign their names
together with me. Notary. after full read
ing Of the whole.
Original signrdD
NALLIE J. DODD. 1000 Shares
Ey J. 4. Sperlinr
JEWELL \. SPERLING. 1000 Shares
EDGAR g. GOULD. 900 Shares
ARTHUR T.. JACKSON. 200 Shares
JEWELL A. SPERLING. 100 shares
| GEORGE ID. WILLIAMS 800 Shares
j. ii. BANTER. 800 Shares.
| Witnesses:
:. Ryan.
J. q. Bouligny.
" Z. HUMPHREY.
Notary Public.
, |. the undersigned Recorder of Mort
, cages In and for the Parish Of Orleans
State of Louisiana, do hereby certify tina
: the above and foregoing Act of Incorpora
: ton of The International Puncture Cure
, Inc. WAS this day duly recorded in m,
; office, in Book 1912. Folio 3gI New or
leans, May 10Th. 1920
tSigned) EMILE J. LEONARD.
, ID. X.
: | hereby certify the foregoing to he .
true copy Of the Act of Incorporation %
The International Puncture Cure. Inc.
passed before me on the seventeenth da,
of May. 1920. the original of which is o
: record in my NOtariaI Office
y. T.. HUMPHREY.
Notary Public.
June I0-JuIy Is.