The herald., 1920-04-29
CHARTER OF ATLAS TIRE CO, OF
la, INC.

State OF Louisiana Parish Of Orleans.
lie il known that on this fifteenth day Of
April. Nineteen Hundred twenty (lgaOJ.
before me, Emanuel Leopold We'll. IL No
tary Public, in and for the Parish of Or
leans. State of Louisiana, duly qualified,
personally came and appeared the several
persons whose names are hereinafter sub
Scribcd all of full age. aud residents Of
this Parish and State, who declared, that
availing themselves of the laws of this
state, relative to the organization of Cor
poration> they do hereby covenant and
agree to form themselves into n corpora
ton tor the objects and purposes, and un-
der the following stipulItionS. to-wit:
ARTICLE THE name and title of this
Corporation shall be The Atlas Tire Co.
Of La. UncOrpOrated). II shall enjoy
corporate existence for a term of 30 years
from date. unless sooner dissolved IL
shall have, enjoy and exercise all rights
powers and privileges now granted by
law, ar hereafter granted to corporations
OF this character. especially the right to
hold. receive, purchase, ALLEVIATE sell, mort
gage, pledge. rent or lease property real
personal and mixed in fact everything
permitted by the law necessary and con
'rnlrnt for carrying out the objects and
purposes of this corporation.
ARTICLE 1.-THE dOmiciIe of this cor
pOration shall be in the city of New Or
leans La. where all citations. or other
legal process shall be served on the Presi-
N'hl' vi III MS dbStH't, on lne secretary
Treasurer.
ARTICLE III-The objects and pur-
poses of this Corporation are hereby de
clared TO he the buying and selling of au-
tomObile tires, inner tubes and all their
parts and accessories; and the dealing in
automobile accessories; and everything
pertaining to the lines of business herein
mentioned, and anything necessary or in
cidental to said business as mentioned
ARTICLE lN.-The capital stock of this
a ~. ~ .sf i..n =. .l..s
of Ten Thousand Dollars ($1O.OOOOO), di-
Nided into 100 shares of the par value of
One Hundred Dollars each, to be issued
In tn" manner and for the consideration
prescribed by law. All shares to be full
paid and worcestershire. The capital
stock may be increased. by vote of 2-3
rds of all the capital stock, at meeting
called for that purpose
ARTICLE N.-All the corporate powers
of this Corporation shall be vested in and
exercised by Il Board of Directors to he
composed of three stockholders. two of
whom shall constitute quorum. The
following npmed stockholders shall cOnsti-
tut" the first Board of Directors, viz:
Walter l.. Saxon. William q. Riley. aud
Louis j. IIOwrell; all residing No. JO0I
Magazine ST.. this City; with Walter l..
Saxon, as President; Louis J. Howrell.
Nice-PreSident. and William q. Riley
Secretary Treasurer; and they shall hold
office until first Monday in April. 1921.
or until their successors are elected and
qualified: ON which day the election shall
take place, or soon thereafter as pos
sible.
All stockholders meetings. including an
nual meeting for election of officers and
directors shall be preceded by written
notice to the last known address of the
stakeholder, ID days previous to meeting
provided stockholders have the right TO
waive written notice of meetings If any
vacancy occurs on Board of Directors,
the stockholders shall name or elect II
In h.,
next general election. Election of Direc-
tors shall be by ballot, in person or by
proxy, and each stakeholder shall be en-
titled to one vote for each share of CAPT
tai stock owned by him.
ARTICLE Vino stakeholder OF this
Corporation shall have the right to sell
or pledge his stock. without first offering
same to the stockholders through the
Secretary of this Corporation upon al
lowing said stockholders ten days to pur-
chase same AT book value; or receive same
IN pledge, as may he desired by the owner
OF said stock; and no transfer shall be
binding on this Corporation unless ac-
tuaily made on the books of the Corpora
ton. in the manner required by law
ARTICLE VII.-The Charter of this
Corporation may be modified or altered
or the capital may be increased or de-
creased, or the corporation may be dis.
solved or liquidated In the manner as
is now. or may hereafter be prescribed
by law.
Thus done and passed, in my office, at
New Orleans. La, on the date first here
lnabove written, in presence of Joseph
Lautenschlaeger and James :. Gautreaux.
competent witnesses OF lawful age of this
Parish and State. who sign hereunto with
appearers. and me. Notary, after a full
reading hereof.
Original SignedD Walter l.. Saxon 10
shares: Lulu King Saxon. 40 shares, per
pro. W. l.. Saxon: William G. Riley. 40
shares: Louis ]. HOwrell one share.
Witnesses: Jos. Lautenschlaeger,
James $. GautreauX.
EMANUEL l.. WE'LL.
Notary Public.
/. the undersigned Recorder OF Mort
cages, in and for the Parish Of Orleans,
State Of Louisiana. do hereby certify that
the above and foregoing Act Of Incorporn-
ton Of The Atlas Tire CO.. of La Inc,
was this day duly recorded in my office,
In Book 1912 Folio -.
New Orleans. La, April 10th, 1920.
(SeaD
(Signed) EMILE J. LEONARD. by. II.
a true copy from the original
(SeaD
EMANUEL l.. WE'LL,
Notary Public.
Apr. % May q.