The herald., 1920-06-24
CHARTER OF AUBERT MOTOR CAR
COMPANY, INCORPORATED.

United States Of America. State of
Louisiana. Parish OF Orleans BE it /.
known. that on this first day of June, /
nine hundred and twenty. before me, :
Francis +. Burns, a notary public in
and for the Parish of Orleans. state
qualified. and in the presence of the
undersigned witnesses, personally came
and appeared. the several persons
whose names are hereinafter sub
scribed. of the full age of majority,
who declared TO me that availing them
selves OF the laws of this state rela-
! tions, and more especially Of Act 26'
of 1914. page 521. of the legislative
acts of this state. they have covenant
ed and agreed. and by these presents
do covenant and agree for themselves
| and their successors and assigns to
I form themselves into a corporation and
| poses and under the stipulations here
| matter set forth. to-wit:
| ARTICLE 1.-The name and title of
this corporation shall be Aubert Motor
title it shall have and enjoy succession
/ for a period of ninety-nine years from
date hereof and shall have power and
authority TO contract. sue and be sued.
make and use corporate seal. the
| same to break and alter at pleasure;
| to hold, sell, lease, mortgage, hypOthe-
cate or pledge property, real, personal
! or mixed, necessary, incidental or
/ proper for the carrying on of its bust
ness, to buy and to hold stock in any
other company or companies that may
assist this company in it's objects and
purposes: to make and issue notes and
/ certificates of ndebtedneSS: name, elect
and appoint managers, directors and
clerks or other employees to properly
conduct its corporate business and to
| make such bylaws, rules and regula-
| tions as may be found necessary or
| desirable for the management and bus
mess affairs of'this corporation. and
generally TO do every other act, mat
ter or thing necessary for the COM
plete and proper carrying out of said
business.
ARTICLE 1.-THE domicile of this
corporation shall be in the City of New
Orleans, Parish of orleans, state Of
Louisiana, where all citation and other
process shall be served pom the pres
ldent, or in the absence Of the preSi
dent, upon the vice-president, or in
the absence of both, upon the secre-
tary.
/ ARTICLE III.-The objects and pur-
poses OF this corporation are hereby
declared and stated to be: To buy, sell,
lease, repair and generally deal in au-
tomobileS, motor boats, other motor
driven vehicles, bicycles, aeroplarfes,
dirigibles balloons and other motor
propelled air craft, and automobile,
motor boat, bicycle. aeroplane and 9TH
er motor propelled air craft supplies,
and all other business incidental to the
retail and wholesale automobile, motor
boat, bicycle and air craft business
to promote and assist financially any
person, firm or corporation engaged in
the business of selling automobiles,
motor boats and other motor driven
surface and air vehicles, at retail or
Wholesale This corporation shall have
the power and authority to carry out
any and all of the aforesaid objects
and purposes in the States of Louis
lana and Mississippi, and any other
state of the United States in which
this corporation NAV see fit to do bust
ness. And generally to do any and
all other acts and exercise any and
all other powers necessary or proper
going objects and purposes.
ARTICLE IV.-The capital stock of
this corporation is hereby fixed at the
sum of Ten Thousand (s1O.00O.00) Dol
lars, divided into one hundred shares
of the par value of one hundred (s1O0)
dollars each, provided that the amount
to which the capital stock Of this
be two hundred and fifty thousand
L $3.50, OOO.OO) dollars. Fifty per cent OF
the capital stock of this corporation
must be subscribed fol-. before the FL
ing of the articles of incorporation
The subscribed capital stock of this
corporation shall be payable in cash
vices performed or rendered No
4 stakeholder shall ever be held liable
| or responsible for the faults. contracts
| or debts of this corporation in any
further sum than the unpaid balance
due the corporation on the shares OF
stock subscribed for by him. nor shall
/ any mere llIOTIndllty III the OTSdnlLd-
ton have the effect of rendering this
charter null or of exposing any share
holder to any liability whatsoever
This corporation shall not engage in
business until five thousand S5,O00.0O)
| dollars of the capital stock shall have
been issued and actually paid in
| either in cash, property or services as
| aforesaid. If any of the stock of this
corporation is exchanged, in whole or
| in part, for property or good will. in
| that event the provisions of section
| of Act 267 of 1914 shall be strictly
| complied with.
| ARTICLE V.-All the corporate pow
| ers of this corporation shall be vest
| ed in and exercised by a board of di-
| rectors composed of three (3) stock
| holders, each of them shall own, in
| his own right. during his term of Of
flee, at least one full-paid and unpledg-
| ed share of the capital stock. which
| shall be shown by his written declara-
| ton, two CD of whom shall consti-
l tute a quorum for the transaction OF
/ business. The officers of this corpor-
| alton shall consist of a president, vice
Il president and secretary-treasurer, all
i of whom shall be members of the board
| of directors. The following named per-
7 sons shall constitute the Board Of Di-