The herald., 1920-02-12
CHARTER. >.

selves of the provisions of the general
laws of the star of Louisiana for the or
ganization of Corporations, and especially
of Act PSI of the Acts Of 1914, they have
cOvenanted and agreed, and by these pres
ents. covenant, agree and bind themselves,
as well such persons as may hereafter
become associated with them, to form and
constitute a corporation and body polite
lowing matters and Things and execute
and adopt these articles of incorporation
as follows, to-wit:
ARTICLE 1.-The name Of said corpora
ton shall be Barton Motors Company.
Inc.
ARTICLE 1.-THE objects and purposes
for which this corporation has been FORM
ed and the nature Of the business to be
carried on by it are hereby declared to
be: To manufacture, buy, sell, exchange,
lease, deal in. store and repair automo-
biles, aeroplanes, motor trucks, motor
boats and web icles Of every kind and de-
scription propelled by electricity, gas,
steam, compressed air, or other motive
power, and all tops. bodies, parts, sup
plies, accessories and appurtenances for
automobiles, motor vehicles, aeroplanes
and motor boats, Incidental thereto or
used in connection Herewith; to conduct
gasoline supply stations and to sell gaso-
line and oils of every nature and kind
whatsoever; to conduct garages for the
storage, repair, care and maintenance Of
automobiles, motor trucks and motor We
and perform and carry on any and all
business in any way connected with, ger
name or incidental to any one or all Of
the foregoing objects and purposes, the
above and foregoing enumerated powers
not being intended as exclusive.
ARTICLE IH-The amount Of the cap
ital stock of said corporation shall be
fifty thousand (S50, 100000 dollars, all of
which shall be common stock and none of
which shall be preferred stock. Said stock
| tn, haa ,ai 70 oil har in its
alent.
ARTICLE Iy.-The amount to which
the capital stock of said corporation may
be increased shall be one hundred thous-
and (s10O,OO0.OO) dollars.
ARTICLE V.-The number of shares of
which said capital stock of fifty thousand
1850, 100000 dollars of said corporation
shall consist, shall be five hundred 5000
shares of the par value of one hundred
(sio0OO dollars per share, the shares of
said corporation to remain at one hundred
($10000) dollars in the event Of the in
crease of the capital stock of said corpora
tion beyond one hundred thousand $780,
0O0.00) dollars
ARTICLE VI.-Tbe location of the DOM
icile of said corporation shall be in the
city of New Orleaus, in the Parish of Or
leans. in the State of Louisiana.
ARTICLE vII.-The period Of duration
of said corporation shall be fifty t50)
ARTICLE vIII.-The number Of Direc-
tors Of said corporation shall be five. The
officers of said corporation shall be those
provided for by law, and such other Off
GERS as may be provided for by the by
laws. The names and postoffice addresses
of the Directors of said corporation who
are elected to serve for the first year or
until their success are elected and quail
flied. shall be as follows, to-wit: Hamil-
ton Barton, New Orleans, La; E. ]. Ross,
New Orleans La: Robert Ii. Wetmore,
New Orleans. La; William w. Westerfeld.
New Orleans. La; Andrew Martinez, New
Orleans, La; with Hamilton Barton as
President. 4. J. Ross as Vice President,
and Robert ii. Wetmore as Secretary aud
Treasurer.
ARTICLE IX.-The names and post
Office addresses of the subscribers to these
articles of incorporation and a statement
of the number of shares of stock which
each subscriber Is TO take in said corpora
ton are as follows: Hamilton Barton,
s NsW Goo oo: a Ross S S ORLEANS, ea I hs
80 shares, par value $4,000; Robert ii.
Wetmore, New Orleans, La, 30 shares, par
value 100000: William VI. Bancroft, New
Orleans, La, 100 shares, par value $10,-
000.00; Andrew Martinez. New Orleans, La
80 shares. par value $5,000.00; William W
westerfeld. New Orleans, La, share, par
value, $1,000.
ARTICLE X-The subscriptions of Z. J..
Ross, Robert ii. Wetmore, William NJ.
Bancroft, Andrew Martinez and William
W. Westerfield to the number Of shares
of the capital stock Of this corporation
above set forth in Article IN are to be
paid for in cash. The subscription of
Hamilton Barton for 100 shares of the
stock of this corporation as above set
forth In Article IN hereof, Is to be paid
for by the sale and transfer by him TO
this corporation of his undivided one-half
win of the business hitherto conducted
and carried on by said Hamilton Barton
and by Lucien 4. Lyons, Jr.. as partners
under the name and style of Lyons-Bar.
ton Motor Car Co, at the price of seven
thousand Cs7,O0OOG) dollars for the one
half interest of said Hamilton Barton in
the assets and property of said co-part-
nership; and by the transfer to this cor
poration at the price of three thousand
($3, 100000 dollars for his one-half interest
in. the good will of said co-partnership,
and for the balance of his said subscrip-
ton. said Hamilton Barton Is to pay five
thousand t$5,000.00) dollars In cash. And
there is annexed to be read in connection
with these articles of incorporation, an
accurate and detailed statement and de-
scription of the property, assets and at
fairs of said co partnership. together with
a statement of the value thereof and of
the undivided one-half interest therein of
said Hamilton Barton therein as appraised
by Hamilton Barton. f. j. Ross, Robert
III. Wetmore, William w: Westerfield and
Andrew Martinez, the Directors of this
corporation and the statement by said Di-
rectors of the value placed by them upon
the good will of said co-partnership and
upon the undivided one-half interest of
said Hamilton Barton in and to the good
will of said business.
ARTICLE XI.-Each share Of stock
shall be entitled to one vote. There shall
be no cumulative voting.
ARTICLE XII.-The Board of Directors
of said corporation shall be and are here
by vested with all the corporate powers
of said corporation. including among
other powers the following, viz : The pow
or 10 make, alter and amend suitable by
laws for the government of said corpora
ton: the power to borrow money, execute
mortgages, issue notes or bonds, to sell or
pledge the same, and generally to do all
things pertinent to or necessary for the
objects and purposes of said corporation,
or which are, or may be permitted By the
laws applicable to corporations, the above
recital of powers granted to the Board of
Directors not being exclusive, the inten-
fion being to vest the Board of Directors
with all such other and further powers as
may be proper to accomplish the objects
and purposes of said corporation. Stock
holders NEE tings for the election of Direc-
tors Of said corporation shall be held an
nuaIiy on the second Monday of January.
ARTICLE XIII.-The President and the
Vice President, the Secretary and Treas
urer shall he authorized 10 receive service
of all legal process.
Thus done and signed in my Office, in
the city of New Orleans, in the presence
of Harriet Spickert and Roy Raymond,
have hereunto signed their names with the
said appearers and me, Notary, on the
date and day first above written, and the
subscribers do hereby subscribe for and
agree to pay for the number Of shares set
opposite their several names.
100 shares; +. ]. Ross, so shares; r. H.
Wetmore. 20 shares: VIM. w. Westerfield,