Vernon Parish Democrat. (Leesville, La.) 1917-193?, 1920-02-14
CHARTER
STATE OF LOUISIANA
PARISH OF VERNON


PARISH OF VERNON
UNITED STATES OF AMERICA
BE 1T KNOWN, on this 10 day Of
October 1919, before me, D. F. Turn
er, Clerk, Ex-officio notary Public in
and for the Parish of VeruonS 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 to the formation of conSora-
tions. and especially of the act 78 of
1904 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
we'll as such other persons as may
hereafter become associated with
them, to form and constitute a corpor-
alton and especially of the act 78 of
Vhe following stipulations and agree
ments which they hereby adopt as
their charter.
ARTICLE ONE
The name of the corporation shall be
Lenahan Motor Company and under
its said corporate name shall have full
power and authority to exercise corpor
ate 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 at pleasure; -
hold, 'SoDeive, lease, purchase, convt
mortgagd. pledge and hypbthecate
property both real and personal; to
borrow money, issue bonds, issue and
sigh notes; to name and appoint such
officers, managers, agents. and em-
ployees as the interest of the corpora
ton may require; to make and estab-
lish bylaws, rules and regulations for
the management iof its affairs and
change and amend the same at pleas
ure.
ARTICLE TWO
The domiciIe of this corporation
shall be in the Town of Leesville, Yer
non Parish. Louisiana, where all legaI
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
26l of 1908 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 repairing shop and a general
garage business. to maintain sub
agencies and to do and perform any
and all things pertaining to or con-
nected Herewith.
ARTICLE FOUR
The Capital Stock of this corpora
ton is fixed at the sum of Ten Thous-
and Dollars, ($l0,000.0O) 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 $5000.00 of said
Capital Stock has been subscribed for
and paid in.
ARTICLE FIVE
q All corporate powers of this corpor-
alton shall be vested in 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
constitute 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 eleoted and qualified; All such
elections shall be by ballot at the main
office of said company under the sup
ervision of one commissioner appoint
ed by the President of the Company,
and the said election shall be held
after ten days prior notice thereof to
each stockholders last known post Of
flee address; at said elections each
share of stock shall entitle its owner to
one vote in person or by proxy and at
,a all elections the majority of the stock
voting shall control.