The herald., 1920-07-15
CHARTER
necessary for the proper carrying on OF
the business of the corporation.

necessary for the proper carrying on OF
the business of the corporation.
ARTICLE NI.-Wheneyer this CORPORA
ton may be dissolved, either by limita-
ton or from any other cause. its affairs
shall he liquidated by three commissioners
To be appointed from amongst the stock
holders at general meeting of the stock
holders convened for such purpose of
which meeting notice shall he given in
the manner and time provided for stock
holders meetings by Article VII of this
charter, and two-thirds in amount of the
capital stock Of said company shall be
requisite to elect. Said commissioners
shall remain in office until the affairs of
said corporation shall have been fully
liquidated. In case of death of one or
more of said commissioners, the vacancy
shall be filled by the surviving commits
siOuers.
ARTICLE VII.-ThiS act Of incorpora-
ton may be modified, changed, or altered,
or this corporation may be dissolved, o,
the capital stock may be altered. in ac-
cOrdance with law. at meeting of stOc X
holders called for the purpose, after notice
shall have been given by written notice
to each stock holder. delivered to him
personally or mailed to him at the post
Office address designated by him in writ
ing at least fifteen (l5) days prior to the
date Of meeting.
ARTICLE VIII-No stakeholder shaIl
ever be held liable or responsible for the
OntratlS. IdNiIS OF utDtS OF Sdlu CORPORA
ton I'm any further sum than the unpaid
balance due the corporation on shares of
stock owned by him. nor shall any Nh~rc
infOrmality i'll organization have the '"Cert
of rendering this charter null or of eN-
posing Il stakeholder to any liability be-
yond the unpaid amount remaining .ur
| on his stock.
| ARTICLE IN.-The first Board of Iii
| rectOrs. chosen and selected shall be Edgar
6. Gould. 49, Lowerlin" St. New Orleans.
1 4 sI.,.. 4
Orleans: Jewell \. Spernng. 2l2I Penis
| ton St. New Orleans; with the said Edgar
! q. Gould, president. Jewell \. Sperling
vice president and general manager: and
Arthur T.. Jackson, secretary treasurer. to
| serve aS such until the first Tuesday in
June. 1921, or until their successors shah
| have been duly elected and qualified
ARTICLE N.-Thc subscribers to the
| capital stock of this corporation are {:
Nallie J. Dodd, 1000 shares; Jewell \.
| Sporting, 200 shares; Edgar c. Gould.
| 100 shares: Arthur f.. jackson 200 shares ::
! George u. Williams. 700 shares: Frank II.
! Baxter. 800 shares. Thre" thousand shares
| fully paid stock shall he issued to Nallie
J. nOdd and Jewell y. Sprrling, sub
| ScriherS hereto in above respective
| amounts in part consideration. and twenty
! thousand (S2O.OOOOO) dollars payable two
and four months from date. represented
| by tw" prOmiS>ory notes of ten thousand
! (SlOOOOND dollars each, signed 10y the
duly authorized officer of the company.
| payable to the order of themselves and
endorsed 10y them. WherefOr the said
NaIlie j. Dodd and Jewell \. Sperling
hereby sell. assign, transfer. set over. and
deliver all of their rights title and inter
est in. and to. certain secret formula
copyright and patent No. 20J69. known
as "DOdd'S Worlds Greatest Puncture
Cure" for the treatment Of inner tubes If
automobiles, trucks etc. together with all
the assets and good will of the business
formerly conducted by V. j. Dodd and
Co. Il ro-partnership composed of Nallie
J. Dodd and Jewell \. Sperling. in the
City of New Orleans. and this company ac-
cepts same and acknowledges due delivery
thereof.
| The said appcarcrS being all of the sub
scTibeTS hereto and officers hereof. being
by me. Notary. first duly sworn. did de-
pose and say, that they are familiar with
the property hereinabOvc transferred 10
this company by said Vallie ]. Dodd and
Jewell \. Sperling. that same is well
known to them and by each If them TO
he fully appraised Ut the sum Of fifty
thousand ($j0.0OO.OO) dollars.
Thus done and passed, at the City OF
New Orleans on the day. month and year
hcreinabove first written in the presence
Of s. Ryan and J. G. Bouligny. competent
witnesses who hcrcuntO sign their names.
together with me, Notary, after full read
ing of the whole.
| Original signed)
VALLIE J. DODD. 1000 Shares.
by J. 4. SperIinp.
JEWELL \. SPERLING. 1000 Shares.
| EDGAR G.. GOULD. 200 Shares.
| ARTHUR +. JACKSON. 200 Shares
| JEWELL 4. SPERLING, 100 Shares.
! GEORGE ID. WILLIAMS 800 Shares.
F. II. BANTER, 800 Shares.
| Witnesses:
:. Ryan.
J. G. Bouligny.
y. F.. HUMPHREY.
Notary Public.
, /. tie undersigned. Recorder of Mort
gagey in and for the Parish of Orleans
State Of Louisiana, do hereby certify thai
the above and foregoing Act of IncorpOra
tion of The International Puncture Cure
, Inc. was this day duly recorded in my
office. in Book 1242. Folio 391. New Or
leans May 10Th. 1920
| (SignedD EMILE J. LEONARD.
ID. r.
j hereby certify the foregoing to he
true copy of the Act of Incorporation OF
The International Puncture Cure. Inc.
passed before me on the seventeenth day
of May. 1920. the original of which is o.
, record In my Notarial Office.
y. T.. HUMPHREY.
Notary Public.