The Colfax chronicle., 1920-04-17

tion shall be Georgetown Garage, In
J corporated, and under its said name i
shall have and enjoy corporate ex-
! istence and succession for 4 perioc
of ninety-nine years from this date: tC
| contract, sue and be sued; to make ano
use corporate seal, and the same tc
alter and break at pleasure; to hold
receive, purchase and convey, as wei
as mortgage and hypothecate property
real, personal and mixed, corp0reai and
incorporeal; to own and hold stocks
and bonds of other corporations; to
name and appoint managers, agents,
directors and officers as its business,
| interests, or convenience may require,
and to make and establish, as well as
| to alter and amend. from time to time,
such bylaws, rules and regulations for
| the proper government of the affairs of
said corporation as may be necessary
and proper
ARTICLE TWO.
The purposes and objects for which
this corporation is formed and the ma
ture of the business to be carried on
by it are hereby declared to be:
TO buy and sell automobiles, trucks,
tractors and any and all kinds of auto
motive vehicles and machines; to buy
and sell all lines OF automobile parts
and accessories, tools, implements and
automotive equipment, parts and ac-
cessories OF every kind, further to
equip, maintain and operate a repair
department for the purpose of repair
ing and rebuilding automobiles, trucks,
tractors, and all kinds of automotive
vehicles and macnines Farther to do
any and all things necessary and incl
dental or connected with objects and
purposes Of this corporation.
ARTICLE THREE.
The capital stock of this corporation
shall be tix>d at Eight Thousand Dol
lais, divided into three hundred and
twenty shares of the par value of
twenty-five Dollars each, which stock
shall be paid in cash. Ali of the stock
when issued shall be, fully paid and
there shall be but one class of stock.
common.
ARTICLE FOUR.
The domicile of this corporation shall
be in the town OF Georgetown, Parish
of Grant, State of Louisiana, where all
meetings of the stockholders and di-
rectors, shall be held. All regal pro-
cess shall be served upon the Presi-
dent or in the absence of the said of
ficars upon such other person or en-
ployes as authorized by law.
ARTICLE FIVE.
The affairs of this corporation shall
be managed and controlled by a Board
OF Directors consisting of not less than
three nor more than five stockholders
to De elected at general stock hold
ers' meeting to be held at the office of
this corporation on the first Tuesday of
January of each year. beginning with
the year 1921. ard the said Directors
snail hold Office for one yearrntil their
successors are elected and qualified.
The following persons shall constitute
the first Board of Directors; j. w.
Capps, Ben Lightfoot, e. r. Long, DIR.
j. w. Scott and 7. r. Maxwell.
ARTICLE SIX.
The officers of this corporation shall
be: President, Vice President and
Secretary and Treasurer. The said of
fieers shall be elected from among the
Board of Directors. The first officers
OF this corporation shall be j. w. Capps
Ben Lightfoot Vice. Presi-
tent, and c. R. Long Secretary and
Treasurer.
ARTICLE SEVEN.
A majority of the Board of Directors
shall constitute quorum the transac-
ton of all business. corporate powers
Of this corporation as granted by laws
Of Louisiana shall be vested in and ex-
ercised by the said Board of Directors.
ARTICLE EIGHT.
Each share Of stock of this corpora
ton shall be entitled to one vote at all
of the stockholders to be cast
in person or by proxy, provided that
all proxies shall be in writing. The |
meeting by letter ad-
dress to each of them at his last known
Dostoffice address, provided such notice |
nay be waived by stockholder if such |
waiver be filed on or before the day of |
meeting.
ARTICLE NINE.
This corporation my be dissolved by
} vote of two-thirds in interest of alI4
The stockholders in the corporation at
) meeting duly and legally called for
hat purpose and in the manner pre-
;cribed by law.
When the corporation is dissolved,
by legislation or otherwise it's
,tfairs shall be settled by one liauida-
:. elected by the stockholder with full
,ower to settle iEs affairs in the man.
ier directed by law.
ARTICLE TEN.
No stockholder of this corporation
shall be liable or responsible for con-
-racts, failure or faults thereof in fu-
-ure sum than the unpaid balance on
of capital stock and no
in the organization shall
nave effect of rendering this charter
,ull or of exposing the stockholders
1oyond the amount their respective
to the capital stock.
Thus done, rendered and signed in
The city of Rochelle, Parish of Grant,
State of Louisiana. in the presence of
the undersigned competent witnesses
On the date first above written. Each