Vernon Parish Democrat. (Leesville, La.) 1917-193?, 1920-02-28


CHARTER
STATE OF LOUISIANA
PARISH OF VERNON
UNITED STATES OF AMER
BE Ii KNOWN. on this 6 day of
october 1919. before ne. S. M Iun
"a, Dy Clerk, Exofficio notary bubIie
il and for the Parish IF Vernon. State
Of Louisiana, duly cornnissioned 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 cornoraL
lions. and especially Of tie Act 267 Of
1914 Of The General Assembly Of
Louisiana, and the laws amandatofy
thereof they have covenanted and a-
greed and BY these presents do coven-
ant and agree, and bind alsehselpes as
well as such other persons as may
hereafter become associated with
them, 70 form and constitute q corpof-
alton and body poiitic in law. Under
the following stipulaiions and agree
ments which they hereby adopt as
their charter.
ARTICLE ONE
The name of tie corporation shsll be
LElSAEiAN MOTOR COMP ANY, ING
l-enahan Motor Company, lnc. and
under is said corporate name shall
have full power and authority 10 .exer-
else corporate existence for a period Of
SO years from date hereof: 10 contract
sue and Be sued to make and use
seal and change same Al
pleasure; to hold. receive. lease. pur-
chase, convey, mortgage. pledge and
hypothecate property both real and
70 borrow money. issue
bonds, issue and sign notes; to name
and appoint officers. managers, agents
and employees as The interest," of he cor
poration may require; to make and es-
tablish bylaws. rules and regulations
for the management Of its affairs and
change and amend ihe same at pleas
ure.
ARTICLE TWO
The domicile Of this cpogation
shall 81 IL The own 81 Leesville Yer
non Parish. Louisiana, where all legal
process shah be served on The Presi-
dent. or in his absence. on the Vice
President. or III the absence Of both
on the Secretary. Of il 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. 10 oper-
ate repairing shop and a general
garage business. to maintain sub
agencies and to Do and perform any
and all things pertaining 70 Or con-
nected Herewith
ARTICLE -FOUR
The Capital Stock Of this corpora
tion is fixed at he sam Of Ten Thous-
and Dollars. ($l0000,00) divided in
% and represented BY one Hundred
shares Of stock At par value 81 $l00s
90 each. which shall Be paid for in
cash or its equivalent; this corporation
shall have the right, as IS hereby
to commence the trans
action Of business under its corporate
name IS soon as $5000.00 Of said
Capital Stock has been subscribed for
and paid in. Which stock shall al Be
stock. and may be increased
to 100000.
ARTICLE FIVE
All corporate powers Of this corpor-
ation shall be vested ii Board Of
Directors 10 Be composed of not less
than three and not more than seven
who shall Be elected On the
FIRST tuesday in July Of each year,
and majority Of said Directors shall
const e qltorum for the trans
action 81 business. The first election
Of Directors shall Be held on The first
tuesday in July ansl 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 leet from
among their number a President, Vice
President, Secretary and lreacurer
and one person shall Be eligible to