Vernon Parish Democrat. (Leesville, La.) 1917-193?, 1920-03-27

CHARTER
STATE OF LOUISIANA
PARISH OF VERNON
UNITED STATES OF AMERICA
BE IT KNOWN, on this l6 day o.
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 anc
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 to the formation of CORPORA
tions, 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 a corpor-
alton and body polite in law, under
ihe following stipulations and agree
ments which they hereby adopt as
their charter.
ARTICLE ONE
The name Of the corporation shall be
LENAFIAN 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 period of
80 years from date hereof; to contract
sue and be sued, to make and use a
corporate seal and change same at
pleasure; to hold, receive. lease, pur-
chase. convey, mortgage, pledge and
property both real and
to borrow money, issue
bonds, issue and sign notes; to name
and appoint officers, managers, agents
and employees as the interest of he cor
Doration 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
Ire.
ARTICLE TWO
The domiciIe of this corporation
shall be in the Town of LeesvilIe. Ver-
non Parish. Louisiana, where all legal
process shall be served on the Presi-
1ent. or in his absence, on the Vice
President, or in the absence of both
IN the Secretary, or in the absence of
all of them. then as is provided by Act
267 of 1914 of the General Assembly
IF the state of Louisiana.
ARTICLE THREE
The objects and purposes for which
his Corporation is established are
hereby declared to be. For the pur-
oose of conducting and maintaining
md operating a selling agency for
and accessories, to oper-
tie a repairing shop and a general
,arage business, to maintain sub
lgencies and to do and perform any
nd all things pertaining to or con-
ected herewith.
ARTICLE FOUR
The Capital Stock Of this corpora
ion is fixed at the sum of Ten Thous-
nd Dollars, ($lO,OO0.0O) divided in
o and represented by one Hundred
hares of stock at par value Of 500.
10 each. which shall be paid for in
ash or its equivalent; this corporation
hall have the right, as is hereby
to commence the trans
ction Of business under its corporate
Iame as soon as $5000.00 of said
,apital Stock has been subscribed for
nd paid in. Which stock shall all be
ommon stock, and may be increased
o $20,000O0.
ARTICLE FIVE
All corporate powers of this corpor-
,tion shall be vested in Board of
Directors to be composed of not less
han three and not more than seven
members who shall be elected on the
irst Tuesday in July of each year,
md majority of said Directors shall
;onstituSe a quorum for the trans
.ction Of business. The first election
# Directors shall be held on the first
tuesday, in July and until that date
,r until their successors shall have
,een elected and qualified; within ten
lays after such elections of said Di-
ectors they shall meet and lect from
lmong their number President, Vice
President, Secretary and Treacurer,
md one person shall be eligible to
loId more than one office. Until the
irst annual meeting of the stockhold-