The herald., 1920-03-11
CHARTER.

ganizatiOn of corporations, and especially
of Act 261 of the Acts of 1914, they have
covcnanted and agreed, and by these pres
rntS. covenant. agree and bind themselves
well as such persons as may hereafter
become associated with them. to form and
constitute a corporation and body polite
III law, and to that end they state the fol
lowing matters AMI Things and execute
and adopt thcs" articles OF incorporation
as follows, tO-wit:
ARTICLE The name of said corpora
ton shall he Barton Motors Company,
Inc.
ARTICLE 1.-THE objects and purposes
for which this corporation has been form
ed and the nature of the business to he
carried on Ey il aTr hereby declared 10
be-: To manufacture, buy, sell. exchange,
lease. deal in. store and repair autumO-
hilr>. arTOplaueS. motor trucks motor
boats and Vel i,lcS # every kind and de
Scription propelled by electricity. gas,
steam, compressed air, or other mOtiv"
power. and all tops, bodies parts. sup
plies, accessories and appurtcnances for
automobiles, motor vehicles. aer"plaucS
and motor boats, incidental thereto or
IScd in connection Herewith; to conduct
gasoline supply stations and to sell Ga>O-
line and oils Of every nature and kind
whatsoever. to conduct garages for the
storage. repair, care and maintenance" of
automobiles. motor trucks and motor We
hi"lr> OF every kind ana generally to do
and perform and carry on any and all
business in any way connected with, ger
name or incidental to any one or all of
the foregoing objects and purposes. the
above and foregoing enumerated powers
not being intended as exclusive.
ARTICLE III.-The amount of the cap
itaI stock of said corporation shall he
nifty thousand (Sj0UUU.UOJ dollars. all OF
which shall Toe common stock and none Of
which shall be preferred stock Said stock
to be paid for either in cash or its equiv
altHt.
,pTI,I /, ~ tn, .,,oupr tn (which
the capital stock OF said corporation may
To- Increased shall be one hundred thOuS-
and (SlOO OOO.OOl dollars.
ARTICLE Vile number Of shares of
which said capital stock of fifty thousand
,S500o0UO) dollars OF said corporation
shall consist. shall be five hundred tJuOj
shares of the par value of one hundred
lSluU.OUl dollars per share, the shares Of
said corporation to remain at one hundred
tSl0O.OOl dollars in the event of the in
CREASE Of the capital stock of said corpora
ton beyond one hundred thousand $500 70
OUOG0l dollars.
ARTICLE NI.-The location of the dom
irilc of said corporation shall b" in the
city of New Orleans in the Parish of Or
leans. in the State Of Louisiana.
ARTICLE NII.-The period OF duration
of said corporation shall be fifty too
years.
ARTICLE VIII.-The number of Direc-
tors of said corporation shall he i've. The
officers of said corporation shall be thoS"
provided for by law. and such other oti-
GERS as may he provided for 10y the by
laws. The names ana puStolrice addresses
of the Directors of said corporation who
are elected to serve for the first year or
until their Succ, SSOrS are elected and quail
ified. shall be rs follows, tO-wit: Hamil-
ton Barton New Orleans La: T.. ]. Ross.
New Orleans. La. Robert II. WetmOrr,
New Orleans La; William W. WcSterfield.
New orleans. La; Andrew Maritime, New
Orleans. La: with Hamilton Barton As
BROS H. Mt
and Robert Ii. WetmOre as Secretary and
Treasurer.
ARTICLE IN.-The names and post
Office addresses of the subscribers 10 these
articles of incorporation and statement
of the number OF shares of stock which
each subscriber i To take in said corpora
ton are as follows: Hamilton Barton
New Orleans, La. 40 shares. par value
Sl5.OO0OO T.. J. Ross. New Orleans, La.
- shares, par value 100000; Robert ii.
WptmOrp, New Orleans La. 80 shares. par
value 100000; William NJ. Bancroft. New
Orleans, La. 100 shares. par value So
10000; Andrew Maritime. New Orleans. La,
20 shares par value 100000; William W
WeSterhcld. New Orleans, La, l share, par
value. $4,000.
ARTICLE N.-The subscriptions of T. J.
Ross, Robert Ii. WetmOre, William VI.
Bancroft. Andrew Martinez and William
W. WeSterheld to the number of shares
of the capital stock of this corporation
above set forth in Article IN are TO be
pald TOT IN cdSh. Inc SUBSCRIPTION OF
Hamilton Barton for 80 shares of the
stock of this corporation as above set
forth in Article IN hereof, is to be paid
for by the sale and transfer by him to
this corporation of his undivided One-half
interest i'll the assets, property ana good
will of the business hitherto conducted
and carried on by said Hamilton Barton
and by LuCien +. Lyons. Jr., as partners
under the name and style of LyonS-Bar.
ton Motor Car Co. at the price of seven
thousand (S7OOO.0O) dollars for the one
half interest of said Hamilton Barton in
the assets and property of said cO-part-
nerShip: and by the transfer TO this cor
pOratiOn at the price of three thousand
($3.O0O0O) dollars for his One-half interest
in the good will of said partnership,
and for the balance of his said subScrip
ton. said Hamilton Barton is to pay five
thousand ($5,OOO.00D dollars in cash And
there is annexed to be read in connection
with these articles of incorporation, an
accurate and detailed statement and de-
scriptiOn of the property, assets and af-
fairs of said co -partnership. together with
statement of the value thereof and of
the undivided Oue-half interest therein of
said Hamilton Barton therein as appraised
by Hamilton Barton, +. j. Ross, Robert
II. Wetmore, William w. Westerfeld and
Andrew Martinez. the Directors of this
corporation and the statement by said hi
rectOrS of the NIlue placed by them upon
the good will of said cO-partnership and
upon the undivided one-half interest Of
will of said business.
ARTICLE XI.-Each share of stock
shall be entitled to one vote. There shall
be no cumulative voting.
ARTICLE NII.-The Board of Directors
of said corporation shall be and are here
by vested with all the corporate powers
of said corporation, including among
other powers the following, viz: The pow
or TO make. alter and amend suitable by
laws for the government of said corpora
ton: the power to borrow money, execute
mortgages issue notes or bonds, to sell or
pledge the same, and generally to do all
things pertinent to or necessary for the
objects and purposes of said corporation,
or which are, or may be permitted by the
laws applicable to corporations, the above
recital of powers granted to the Board OF
Directors not being exclusive, the inten-
ton being to vest the Board of Directors
with all such other and further powers as
may be proper to accomplish the objects
and purposes of said corporation. Stock
holders NEE tings for the election of Direc-
tors of said corporation shall be held an
nually on the second Monday of January.
ARTICLE XIII.-The President and the
Vice President, the Secretary and Treas
urer shall he authorized 10 receive service
OF all legal process.
Thus done and signed in my office. in
the city of New Orleans, in the presence
of Harriet Spickert and Roy Raymond,
competent witnesses, both of this city, who
have hereunto signed their names with the
said appearers and me, Notary, on the
date and day first above written, and the
subscribers do hereby subscribe for and
agree to pay for the number of shares set
opposite their several names.
Names of subscribers: VIM. Bancroft,
100 shares: f. j. Ross, 50 shares; X. III.
Wetmore. 30 shares; VIM. w. Westertield,
share; Andrew Martinez, 80 shares; Ham
ilton Barton, 80 shares. Original sign