The herald., 1920-01-01
CHARTER.
ACT NO. -, NOVEMBER Is, 1919.
ACT OF INCORPORATION OF THE
FEDERAL TAN SERVICE AND
AUDIT BUREAU, INC.


United States of America, State of Louis
lana, Parish of Orleans, City of New Or
leans. BE it known, that on this 18th
day of the month of November, in the
year of our Lord, one thousand, nine
hundred and nineteen (l9l9), and of the
Independence of the United States of
America. the one hundred and forty
fourth, before me, James Clark Henri
ques, a notary public, duly commissioned
and qualified, in and for the Parish of
Orleans. State of Louisiana, therein re-
siding, personally came and appeared the
persons whose names are hereuntO sub
scribed, who declared that ayailing them
selves of the provisions of the laws of
this State relative TO the organization OF
corporations, and more particularly of
Act No. 261, of the General Assembly Of
this State. approved July g. 1911, they
have cOnvenanted and agreed, and do by
these presents covenant and agree, bind.
form and constitute themselves, as well
as such persons who may hereafter join,
or become associated with them, into a
corporation and body polite in law, for
the objects and purposes and under the
agreements and stipulatiOnS following to-
wit:
ARTICLE 1.-The name and style of
| this corporation shall be The Federal
| Tax Service X Audit Bureau, incorporated,
and under that name 1t shall have and en-
| JOY all the rights, advantages ana prlyl-
| lcges granted by law to corporations; II
| shall exist for II period of nine-nine years
| from this date; it shall have the power
| to contract, sue and be sued in its cor
pOrate name; to make and use cor
| pOrate seal ami the same to break or
| alter at its pleasure. To have and employ
| such managers, directors, officers, agents
| and other employees as the interest and
| convenience of said corporation may re-
| qure or demand; to make and establish
| such bylaws, rules and regulations iol
the corporate management and control o.
| the affairs of the corporation as may b'
| deemed necessary, convenient and eNpedl
ent.
| ARTICLE 1.-THE domicile of this cor
poratiOn shall be in the City of New
Orleans, State of Louisiana, and all eta
tons and other legal process shall b
served on the President, or in his abSenc
on the Nice-PreSdent.
ARTICLE III.-The objects and pur
poses for which this corporation is or
ganized, and the nature of the business 1
be carried on by it, are hereby declared I
be as follows, tO-wit:
To engage in the business of prepare
ton Of Federal Tax Returns, Claims 10
Refund and Abatement; Internal Revenu
Matters, Installation of Accounting Sys
tens, Auditing and Investigating Books o
Individuals, CO-PartneTshipS and Corpora
tons. and generally to do and perform
any thing or act necessary, convenient o
proper for the carrying into effect tn
above named objects and purposes.
~ III Il
this corporation is fixed at the sum O
ten thousand dollars ($l0,O00.00), divide
, into one hundred 600 shares of the pa
value of one hundred dollars $4,000
each. All shares of stock shall be full pal
and worcestershire.
Said stock shall be paid for in cash, o
the same may be issued, at not less tina
par, for labor done or for services rem
dered TO the said corporation. or for prop
= erty or rights actually received by sal
| CORPORATION.
This corporation shall have the right I
; increase its capital stock up to the turtle
sum of thirty thousand dollars (S3OOO0.OO
or any part thereof, to be divided int
, shares of one hundred dollars $4,000
each, provided said increase in capita
. stock shall have been authorized by tn
, stockholders at a meeting held pursuant
, the provisions of law.
This corporation shall be and become
going concern when fifty 900 per cent Q
its stock shall have been subscribed.
ARTICLE VAN the corporate power
j of this corporation shall be vested in, an
exercised by, a Board of Directors com
posed of three stockholders, a majority O
whom shall constitute a quorum for tn
transaction of all business.
The Directors shall be elected annual
by ballot, by the stockholders, on the frs
: Tuesday of January in each year.
I The first Board of Directors of thi
: corporation shall consist of John
! Maught. L. +. Schenck and G. F. Young
e man, whose post Office addresses are Me-
i Orleans, La. with John A. Maught a
/, President and Treasurer; L. f. Schenck 9
i Vice-President and c. F. Youngman 8
e Secretary, to serve until the next annu;
E election or until their successors hay
u been duly elected and qualified.
e No failure to elect Directors shall be r
q garded as a forfeiture of this Charter.
Any vacancy occurring on said Boar
d of Directors shall be filled within ten day
y at a meeting of the stockholders calls
y for that purpose.
k Said Board Of Directors shall have Il