The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-10
CHARTER
necessary for the proper carrying on of
the business of the corporation.


the business of the corporation.
| ARTICLE NI.-Whenever this corpora
ton may he dissolved, either by lmita-
ton or from any other cause. its affairs
| shall Ice liuuidated by three commissioners.
| to be appointed from amongst the stock
holders at a general meeting of the stock
| holders convened FOR such purpose. of
! which meeting notice shall be 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
| hqnidatcd. In ease of death of one or
more of said commissioners. the vacancy
| shall he nllcd by the surviving commits
| siOn"r~.
ARTICLE Widths act of incorpora-
| ton may he modified. changed. or altered
| or this corporation may bp dissolved. or
! tn" capital stock may be altered. in nc
C"rdance with law. AT a meeting of stock
| holders called for the purpose. after nOtire
| 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 10 days prior TO the
dat" of meeting.
ARTICLE VIII No stakeholder shall
ever bc held liable or responsible for the
contracts. faults or debts of said corpOra-
ton in any further sum than the unpaid
balance due the corporation on shares of
stock owned by him. nor shall any mere
lnformdliiN in organization have the eject
OF rendering this charter null or Of OK
posing a >tockhOld"r to any liability he
N"nd IN" unpaid amount remaining ,.uc
on his stock.
ARTICLE IN.-Thc first Board of Di-
r"ctOr>, chosen and selected shall he Edgar
q. Gould, iI2 Lowerine St. New Orleans
Arthur T.. Jackson. 1865 Coliseum ST New
1
ton st. New Orleans. with the said Edgar
q. Gould. president. Jewell 4 Sporting
vie" president and general manager: and
Arthur +. Jackson. secretary treasurer. to
serve a. such until the first Tuesday i'm
June. 1921. or until their successors shall
nav" been duly elected and qualified
ARTICLE Nth" subscribers to the
,ahiiai stock OF this corporation are.
Nallir J. Dodd. 1000 shares: Jewell \.
Sporting, > 100 shares: Edgar O. Could
900 shares: Arthur f.. Jackson POO shares
G"0rg" II. Williams. 800 shares: Frank II |
EHNtcr. 800 shares. Three thousand shares
fully paid stock shall br issued 10 yaIlie
j. 'odd and Jewell \. Sperliug sub !
amounts in part consideration and twenty |
Thousand tS2O.OOO.O0l dollars payable two !
and four months from date represented |
by TWO promiSSOry notes of ten thousand |.
IHiu,""W) dollars each. signed by the |
duIN authorized officer of the company
payahl" To the order of themselves and |
endorsed by them. Wherefor the Sid |
NalIie j. Dodd and Jewell \ SpcrIinr /
herehF sell. assign. transfer set over. and |
deliver all of their rights title and infer
est in. and Ia. certain secret formnI,
cop rlSht and patent No. 20J69 known
- .'0dd : worlds Greatest Puncture
lure for tn" treatment of inner tubcS nf
automobiles. trucks etc together win ali
me assets and good will of the business
formerly conducted by V J. Dodd and
o. 60 partnership composed of V.Iiio
j. p"dd and Jewell a Sperling. i'm rho
'ltI OF New Orleans. and this company ar-
thereof "H'''N
The said appearerS being all of tbo sinh
Scrlb"r> hereto and officers hereof bsipc |
bN me" Notary. first duly sworn. did DO
pose and say. that they are familiar with
ne PROPERTY hereinabOve transferred 10
thlS company by said Nallie ! Dodd and
Jewell \. Sp"rling. that same is we'll
KNOWN to them and by each eff Them 70
he fully appraised at the sum of arr
Thousand CSJ000O.0O dollars.
=, ThuS done and passed. at the CITY of
Nv Wv orl'ahS on the day. month and wear
nSrS'hnh"Ne hrNt written in the presence
OF y Ryan and J. G. BOuligny. comnatent
witnesses. who hcrcuntO sign their nop,os /
together with mo. Notary. after fun read,
ing of the whole '
Original signedD
NALLIE J. DODD 1000 Shares
Hy j. 4. SperIng
LEVEL \. SPERLING. 1000 Shares
EIniAR q. GOULD. 100 shares
ARTllIR T.. JACKSON 200 Shares
JENEl.L \. SPERLING, 100 Shares
GEotGE ID. WILLIAMS 800 shares
r: IL. BANTER, 800 Shares
Witnesses
:. Ryan.
j. q. BOulgny.
y. f. HUMPHREY.
Notary Public |
L. IN" Undersigned. Recorder of Mort |
cages IN and for the Parish of Orleans |
>tate OF Louisiana, do hereby certify that
ne above and foregoing Act of Incorpora.
ION or The International PuDctnre Gu
nc az, was this day duly recorded in INV
'lllc" IN Book 1912. Folio 391. New Or
cans. May 29th. 1920 vi
'HlShed) EMILE J. LEONARD. (,
bouot, ID. II.
l hereby certify the foregoing to no A.,
rue rue COPY OF the Act of Incorporation of
me International Puncture cure Inc
'asSed before me on the seventeenth doy |
u Way: i92O. the original of which * Of , /,
'ecord in my NOtarial Office. "
y. T.. HUMPHREY
. m Notary Public ,