The herald. [volume] (New Orleans, La.) 1905-1953, 1920-07-01
CHARTER.
QUARTER OF THE lNihn 49,
PU>cruRE CURE lN'o"
pnUNTED.

adrnd and twenty r,tary public,
Nicholas r: li,,'.d and qualified lis IN ms
duly ''''i.y and the PARISH O-,.,,r, of /
ipL I'm residing, aud III ',,,.,d and IN
illnesses htrein''''i nd appeared
ihc -. pprsOnallE '"l'' -. rr. here
dcrSlEhr", IrsorS whose names 'f I.rad
the h'',I',ribcd VIII" severn L,urtits
In,O avgiiiug thcm.'i''h ',flTIun of the
Ia rrcyisious of tn" "a 1,,ys of said
ana orisiaua aud OF inc - Nv, of cor
state OF - 90 the OrganIEall"" - 49,
State and particularly % I'll A.
P"o..s ~ Act No. -pt u! '. i,ro for the |
lily Of the State OF ~" -, form. and |
s"ih"i;; att trry have unite" ~ ,rg1uiZa
year isl3' y" Irrc.cuts. form ahH - -
40 ps -, a. well ~ all Nu'h .,,,r, As /
1,to NAV hereafter JON ~. Successors, |
s.i,t,I with them OF - rho objects |
suomi .t,,E corporation TOE ',,r.n.utS !
into a sto,N ynd under ia" GOV
and pnFpoN' ,sr,emcnt, 1oiIoNl"-' ~
stipulaiiVns anu
wit. .,,. md title Of this |
A'tIou shall hr Inc i",'5 under
puIcrure care, lHcuI ,- ,nn.r dissolved
"a nv aid name. unless $50 ,b,rtrr il
and ns ~, with law and TINS emu
III .yist and continue. an" and sue
"a suiny corporate "AiS'," nine tggD
a an for "A period OF nm, 81 This
ccssloh ~ md after the date 90
years - have hold, receive, ~. ,r
Al a,rLonge. acquire 10y EInTT IirIarr
h,sc devise or hequee'' lawn
Of convey l't''['' i-......., tron-
IrIotbacute cucumber OF I'"i, ,rsonyI
hSp'', anv Kind. whether real ~ -
riyed corporal or iu'"l w III lin
- or immoyabir. all suhl'', ~ W. low IL
nations us may tie Prt''iiL' -, hands or
- make issue and thhorNT - may
hlay - other evidences OF dtbl. -, -,
NOTES r,orfgagcs, pIrdgkS or oIhtr IN" -
p,,rrity for money! loah'H " I'D
debts. Il may contract Iu' e. rorporutc
Lead or De implraded ny ;rrisdir-
P'vau a., any court of competent Juli'
fnn II may make, adopt anu I'asur,
norate seal and alter the sam a,.,ii,,r,tions
r. NAV hold stock in o'h'r il.nnd for
ma Its capital stock may u, ,;,,,s II
"uu ,.i stork in other corporations -
~ name, appoint and cinIlE and
managers directors. oh'eIS' "i,,.s and
other employees as ITS S'lu - fx their
,opienre NAV require, ana may ga
'o','Tsotiou having due reEhru " w,
n,ture character and value on -. i,,vs
ires IL may make ana eSlanlisin, Win
rrles and regulations not lh'nhsi7 s'i,,, ar
,his charter or any existing law nNiI,T Trty
th h;,% Tho management of ITS proItIts
a. reguI,tious and government u
aTairs and the manner OF the -, Wind
"a REGISTRATION of It's stock. II In"a ~
h" "a dissoly,. itself, or be WouHu VI
up "ii I in the manner prescrlheh y!
anu II may conduct business IN lt t
St,te other States. the fed'Tal ~ en-,
- ircrritories and Possessions VI -,
,I4.,d states and any foreign '"un'.'
1hit,,r,IIv shall possess all the power ;
80 nriyiIagpS and immuhlIl's VIM,
Generations are and NAV herea''el .;tr.io,
,borized TO possess under the 'ohs. luI i-I,
and Laws of this state anu va tbe cen
"mJor Act No 267 of the Acts ol 'nt 80
III Assembly of the State OF EoulSia,,
FOR the wear 1914; and II shall nav AZ ~
nover TO invest its board OF nft'A'to -,
all of its corporate powers supJF ;U I'm,
astrirtions as may be nameu III 'h
charter. At, oor
,pTICIE 1.-THE domicle of TINS cor
noration shall be the City of New orieIn I.
parish of Orleans, state OF Louisiana Louisiana ~
ali citations or other legal process nna
Gn served on its president, or III the ,e 80
20 bis absence upon the First Nlce-fresl
ant ar in the event of the absence
both of said officers. upon the SeCrt,"i ~,
ARTICLE uI-The objects ana Pur
,,oscs for which this corporation Is vi
r,oni7ad Is TO manufacture sell and TO gen
eralIy engage in the Distribution manu- u
facture and sale of a preparation Iol ~. ~
treatment of automobile tunes lor u,
prevention of punctures ana lne IN
ment of any automobile, truck OF o,n'
vehicle using pneumatic tires ana tupes
and in this connection TO estaph nl.,',,t
ice stations in the various cities throusn
out the United states; TO hanuIe nn
and all nature and description, lhclueI
and necessary and otherwise cOnnecte
with the automobile supply business.
To annly for. obtain, register. purchas
lease or otherwise to acquire anu 10 noI
own use develop, operate ana ihtroduc
and 10 sell. assign, grant licenses or te
ritOrial rights In respect TO- OF o'hei :" .
TO turn to account or dispose OF any cop
rights trade marks, trade names Drahu
labels patent rights, letter patent vi
ITnited states or any other country
government inventions, improvements a,
processes whether used in connection WI
or secured under letters patent or oth'
wise and to do all and everything nec'
sary' suitable and proper for the accol
nIisbment of any of the purposes herel
before expressed and set forth
ARTICLE IV.-The capital stock Of q
corporation is hereby fixed at the sum
one hundred thousand CSlOoVvO.VOl uoIla
divided into ten thousand (lOOOol shal
of the par value of ten $4,000 dollars
share each all shares being common $40
full paid and nOn-assessable. The capl
stock may be increased up TO the sum UNI
two hundred and fifty thousand (S2s
600 O) dollars, and all proceedings Tor
increase or decrease of the capital ste
shall be conducted in accordance with
laws of this State.
The stock shall be paid In cash at
time Of subscription, or the same may
issued ut par in payment or exchange
property, copyrights, patents, or OF
rights actually received or purchased
said corporation as its Board or Direct
may decide, or the same may be lss
fully paid for money advanced or for s.
other valuable consideration or serVl
rendered as the Board of Directors of $
corporation may determine.
ARTICLE V.--All the corporate pow
of said corporation shall be vested in
exercised by Board of Directors C.
posed Of no less than three nor n
than five stockholders, majo
OF whom shall constitute
rum. Said Directors shall be ele
annually on the first Tuesday of JUNE
each year. except the first Board appoll
4 nthis Charter who shall hold their on
until the rirst Tuesday of June. 1921.
first Board may consist OF three 81
holders who may appoint the neccs'
two In their discretion.
ANY vacancy occurring among the
rrctors by death. resignation or OF
wise shall he filed by appointment or
holding Directors for the remainder OF
term.
All such elections shall be held by
lot and conducted mt the office of the
corporation, under the supervision of
commissioners to be appointed by
Board of Directors.
Notice of such election shall be 8
by the Secretary of the company by '
ten notice thereof delivered PERSONALLY
by depositing same in the post Office. y
erly addressed. to each stakeholder
least fifteen Q5l days preceding such
tons.
At all such elections and at all corp,
meetings every stockholders shall be
titled to one vote for each share Of
standing in his name on the books OF
corporation. TO be cast in person or b!
written proxy, and majority of the