Vernon Parish Democrat. (Leesville, La.) 1917-193?, 1920-03-06
CHARTER
STATE OF LOUISIANA
PARISH OF VERNON

- II n N L l.. N
STATE OF LOUISIANA
PARISH OF VERNON
UNITED STATES OF AMERICA
BE 1T KNOWN, on this lo day Of
October 1919. before me, S. M. Turn
er, Dy Clerk, Exofficio notary public
in and for the Parish of Vernon, State
of Louisiana, duly commissioned and
in the presence Of witnesses named
and undersigned personally came and
appeared the several persons whose
names are hereto subscribed, who de-
clared that availng themselves Of the
provisions of the laws of this state
relative 10 the formation of CORPORA
tons, and especially of the Act 267 of
1914 of the General Assembly Of
Louisiana, and the laws amendatory
thereof, they have covenanted and a.
greed and by these presents do coven-
ant and agree. and bind themselves as
well as such other persons as may
hereafter become associated with
them, to form and constitute corpor-
alton and body polite in law, under
the following stipulations and agree
ments which they hereby adopt as
their charter.
ARTICLE ONE
The name of the corporation shall be
LENAHAN MOTOR COMPANY, INC.
Lenahan Motor Company, Inc. and
under its said corporate name shall
have full power and authority to exer-
else corporate existence for a period of
SO years from date hereof; TO contract
sue and be sued, to make and use a
corporate seal and change same al
pleasure; to hold, receive, lease, pur-
chase, convey, mortgage, pledge and
hypothecate property both real and
personal; to borrow money, issue
bonds, issue and sign notes; to name
and appoint officers, managers, agents
and employees as the interest of the cor
poration may require; to make and es-
tablish bylaws, rules and regulations
for the management Of its affairs and
change and amend the same at pleas
ure.
ARTICLE TWO
The domicile of this corporation
shall be in the Town of Leesville, Yer
non Parish. Louisiana, where all legal
process shall be served on the Presi-
dent, or in his absence. on the Vice
President, or in the absence of both
on the Secretary, or in the absence Of
all Of them. then as is provided by Act
267 of 1914 of the General Assembly
Of the state Of Louisiana.
ARTICLE THREE
The objects and purposes for which
this Corporation is established are
hereby declared to be. For the pur-
pose of conducting and maintaining
and operating a selling agency for
automobiles and accessories, to oper-
ate a repairing shop and a general
garage business, to maintain sub
agencies and to do and perform any
and all things pertaining 10 or con-
nected Herewith.
ARTICLE FOUR
The Capital Stock Of this corpora
ton is fixed at the sum of Ten Thous-
and Dollars, ($l0.00000) divided in
to and represented by one Hundred
shares of stock at par value of 500.
90 each, which shall be paid for in
cash or its equivalent; this corporation
shall have the right, as is hereby
authorized, to commence the trans
action of business under its corporate
name as soon as $500000 Of said
Capital Stock has been subscribed for
and paid in. Which stock shall all be
common stock. and may be increased
to $20,0O0.00.
ARTICLE FIVE
All corporate powers of this corpor-
alton shall be vested in a Board of
Directors to be composed of not less
than three and not more than seven
members who shall be elected on the
first Tuesday in July of each year,
and a majority Of said Directors shall
constituse a Quorum for the trans
action of business. The first election
Of Directors shall be held on the first
Tuesday, in July and until that date
or until their successors shall have
been elected and qualified; within ten
days after such elections Of said Di-
rectors they shall meet and lect from
among their number President. Vice
President, Secretary and Treacurer,
and one person shall be eligible to
bolJ roora Than one office Until the