The herald., 1920-11-18

CHARTER OF THE HIGGINs-TOYE
! TOURS, INC.
| United States OF America, state of Lou
! iSiaua. Parish of Orleans. City OF New
day OF the month OF October, 1920, and
! Of the Independence Of the United States
! Of America. the one hundred and forty
I fourth. before me John +. sullivan. no
/ tary public. duly commissioned and quail
h"d in and Tor the City OF New Orleans
/ Parish of Orleans. State of Louisiana.
| therein residing and in the presence Of the
| witnesses hereinafter named and under
! signed, personally came and appeared the
/ following persons. whose names are here
unto subscribed. together with the amounts
! Of their respective subscriptions of the
! capital stock of the corporation to he
! formed who seycrally declare that. awaiting
| themselves OF the provisions of the laws
! of the State Of Louisiana, relative to the
| organization Of corporations, they have
| cUNenauted and agreed, and do by these
| presents, covenant and agree and bind
| themselves, as well a. such other persons
| as many hereafter become associated with
| them. for their successors. to form and
| constitute themselves into corporation
and body polite in law, and Tor the OBJ
| jscts and purposes and under agreements
and stipulations following, to-wit:
! ARTICLE 1.-The name and title OF this
corporation shall be Hlggins-Toye Tours,
/ poration shall have power and authority
TO have and enjoy succession Tor the nun
| term of ninety-nine years from the dat"
| hereof: TO contract; To sue ana be sued :,
| to make and use corporate seal, to pur-
| chase and receive, lease, hold, sell and
| convey, well as mortgage and hypO-
| theCate, property, real, personal and mix
ed; TO name and appoint such officers and
| agents as the interests OF said corpora
| ton may require; to make and establish
such bylaws and regulations for the prop
er management and regulation of its af-
| fairs may be deemed necessary and to
change and alter the same at their pleas
ure.
ARTICLE 1.-THE dOmicile Of said cor
poration shall be i'll the City of New or
leans, State of Louisiana, and all citations
and other legal process shall be served
upon the President of said corporation,
and in case of his absence upon the Vice
President and in case OF the absence of
both of these officers, upon the Secretary
| thereof.
| ARTICLE III.-The objects and pur-
poses for which this corporation is es-
tablished. and the nature of the business
to be carried on by II are declared to be:
The purchase. ownership, sale, hiring and
leasing of automobiles, sight seeing cars
and the operation of sight seeing cars and
touring ears throughout the City of New
Orleans and the conduct of a general auto
mobile transportation business; and 10
purchase. own, sell and lease all autOmO
bile supplies and accessories and generally
to enter into all contracts and to do al
acts and things that may be necessary
and convenient and appropriate in the aC.
com lishment of the aforesaid purposes.
ARTICLE IV.-The capital stock of thi,
, corporation shall be fifty thousand dol
lars $50 OO0OO) divided into five hundred
shares at the par value of one hundred
dollars each. payable when issued in casl
|, | or other property or for services rendered
or actually performed as decided Dy IN
| Board of Directors; each share of the CAPT
! tai stock shall be entitled to one vote
at all meetings of the stockholders. The
capital stock may be increased 10 the sun
I dn1l
of one hundred thousand uoIdrs NlVV'
100000.
| ARTICLE V.-So stakeholder shall b.
liable or responsible for the Indebtedness
, faults. or defaults of this corporation, MOI
shall any mere informally in the organlZa
ton of the corporation have any tHeC
, ! of rendering the charter null or OF eN
posing the stockholders to any hablllt!
, beyond the unpaid balance, If any, on M
stock subscription.
ARTICLE yI-Should any stOckholde,
. desire TO sell his stock, he shall first otel
same to the stockholders of the compan!
through its Board Of Directors, and tn
Stoc kholders who desire to purchase, sha
have the right to purchase same. Shoul'
said stockholders within seyenty-twO hours
after written notice has been given. far
, or refuse to purchase the stock offered 10
sale, such stock may be sold to anyone
r ARTICLE VII-This corporation shall
! have all the powers granted to such cor
! porations, and shall have the power t
contract sue and be sued in its corporate
: name, and to own, hold, receive, loan
lease, purchase. sell and convey or mort
\ gage any or all of its effects or to hypo
= thecate its property and TO do any ana
/ act sOr things of any kind, nature or ue
: scriptiOn, as may be necessary TO carry on
a the objects and purposes OF SAID CUISINES
as its interests ana convenience map IT.
quire: -. ,.,,., m,
affairs of said corporation shall be Veste'
4 | in and directed by a Board OF director
I composed of three stockholders, a ma
jority of whom shall constitute quorum
: for the transaction Of all business and IN
said Directors as first constituted shall b
! Frank K. Toye, Joseph Gross and l.. G
. Higgins, all of lawful age and resident
l. OF this city and they shall hold ONCE un
= til January 81, 1922, and on that day AM
: election shall be held annually for di
. rectors at the principal office OF the cor
n poration. Failure TO hold an election OF
= the day specified shall not dissolve the Sor
. | poration but the Directors in office sha
Y hold their respective offices until an cleo
: ton shall be held after ten days motto
of the time and place thereof given to eac
I | stock holder. The annual election shall b
held on the first Monday in January, 1872:
= thereafter o nthe first Monday In Januar
l. OF each succeeding year, and the director
/ shall be chosen by ballot. All Vacancie
= on the Board of Directors for whateye
!. cause shall be filed by the remaining ID
a rectors. Frank Toye, shall be first Presi
n dent: Joseph Gross, shall be hrst wee
= President and l.. ". higgins bndi DC mrs
4 Secretary and Treasurer and they sha
hold Office until the first Monday in jar
K uary, 1922 and each succeeding Board G
!. Directors shall elect its principal officer
v for the term OF their election and onl
II stockholders shall be eligible for electio
a as a member Of the Board Of Directors.
V ARTICLE IX.-Whenever this corpora
h ton is dissolved. either by limitation Q
r for any other cause, its AFFAIRS shall 3
n liduidated by the Board OF Directors, VIII
v are hereby vested with full power to Sc
- any and all assets Of said corporation
n either separately or in masse, and TO col
d vey full and complete title thereto, an
|, shall have full power 10 do and perforl
all acts necessary and proper, fully an
: completely, to lQuidate the affairs ana I
# distribute the proceeds, If any, among n
If stockholders of said corporation In II
. amount of stock held by each.
n ARTICLE X.-This act of incorporate
. may be amended, altered or modified {
: this corporation dissolved by a vote
IS three fourths of the shares OF the tot;
:. amount of stock at a meeting convened fC
O that purpose after ten days notice
/, writing mailed to the address of eac
/ stakeholder.
a Thus done and passed at my notari!
9 office in the City of New Orleans, Stat
. of Louisiana, on the day, month and yes
!, first above written in the presence Of Ea
n ]. Sullivan and Wyles +. Byrns. comp
tent witnesses, who have hereunto signe
Al their names together with appearers an
J. me, Notary, after due reading OF Il