The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-04
CHARTER.

al
ganization OF corporations, and especially
of Act 267 of the Acts of 1914, they have
cove united and agreed, and by these pres
rntS tovenart, agree and bind themselves,
as well as such persons rs may hereafter
become associated with them. to form and
constitute corporation and body polite
in law, and TO that end they state the fol
lowing matters AMI Things and execute
and adopt these articles OF incorporation
as follows tO-wit:
ARTICLE THE name Of said corpora
tion 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 ry il are hereby declared TO
be: To manufacture, buy, sell exchange,
lease. deal in, store and repair autOmo-
bilp~ arroplanes, motor trucks, motor
boats and rEicIcS If 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 appurtcuanCeS for
automobiles, motor VEIN, les, aer"plincS
and motor boats. incidental thereto or
used in connection Herewith; To conduct
gasoline supply stations and to sell EISO-
line and oils of every nature ana Kind
whatsoever. TO conduct garages for the
storage, repair care and maintenance OF
automobiles motor trucks and motor We
hirleS of every kind and generally to do
and perform and carry on any and all
business in any way connected with, ger
maine 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 HI.-The amount Of the cap
itaI stock OF said corporation shall b"
uftv thousand ($LO,OoO.uUl dollars, all Of
which shall be common stock and non" Of
which shall be- preferred stock. said stock
To be paid for either III cash or its equiv
aleut.
,,.-,.r =, ~ ri, .,.,,,,r. 70 (which
the capital stock of said corporation NAV
b. increased shall be one hundred thOuS-
and (SlO0 10000 dollars.
ARTICLE N-TLc number of shares of
which said capital stock OF hfty Thousand
! $50. O0OOOJ dollars of said corporation
shall consist. shall be five hundred tJuO)
shares of the Par value of one hundred
| 100000 dollars per share, the shares OF
said corporation 10 remain AT one hundred
CSlOOOOD dollars in the event of the in
! creas,. of the capital stock of said corpora
ton beyond one hundred thousand tSlOO,-
! 10000 dollars.
ARTICLE NI.-The location of the dom
! iriIe Of said corporation shall be in the
city of New Orleans, in the Parish OF Or
| leans in the State of Louisiana.
| ARTICLE NII.-The period of duration
of said corporation shall be fifty too
| years.
ARTICLE VIII.-The number of Direc,
tors of said corporation shall be i've. The
officers of said corporation shall be those
| provided for by law, and such other ON
| GERS as may be provided for by the by
| laws. The names and pOStoflice addresses
| of the Directors of said corporation who
! are elected to serve for the hrSt year or
until their succt SsOrS are elected ana quar-
| flied shall be as follows, tO-wit: Hamil-
ton Barton, New Orleans, La; +. j. Ross,
| New Orleans La; Robert Ii. Wetmore,
| New Orleans, La; William W. WeSterhefd
| New Orleans, La; Andrew Martinez, New
| Orleans, La; with Hamilton Barton aS
President
and robert II. WetmOre as Secretary and
| Treasurer.
ARTICLE IX.-The names and post
office addresses Of the subscribers to these
articles of Incorporation and IA statement
of the number OF shares of stock which
| each subscriber is to take in said corpora
ton are as follows: Hamilton Barton
New Orleans La $50 shares. par value
| S15 900 90: F. j. Ross. New Orleans. La.
| - shares par value 100000; Robert Ill
Wetmore, New Orleans, La, 30 shares, par
value 100000; William VI. Bancroft, New
| Orleans, La. 100 shares, par value So
900 90: Andrew MARITIME. New Orleans, La.
| 20 shares par value SJ.OOOOO; William W
I Westerield New Orleans, La, l share, pal
| value, $4,000.
| ARTICLE X.-The subscriptions of E. J
| Ross, Robert ii. WetmOre, William NJ
Bancroft Andrew Martinez and William
W Westerfield TO the number of share
of the capital stock of this corporation
above set forth in Article IN are to b.
| Hamilton Barton for $50 shares Of tn
stock of this corporation as above So
forth in Article IN hereof. Is to be pal'
for by the sale and transfer by him Z
this corporation of his undivided One-hal
interest III the assets. property and GOO
will of the business hitherto cOnducte'
and carried on by said Hamilton Barto
and by Lucien Z. Lyons. Jr.. AS partner
under the name and style of Lyons Bar
ton Motor Car Co. at the price of seve
| thousand (S7,0O00G) dollars for the one
half interest of said Hamilton Barton j
the assets and property of said co part
| nerShip; and by the transfer TO this cor
pOratiOn at the price of three thouSan
| 49, 900 00) dollars for his one-half 1nteres
in the good will of said co-partnersElI
| and for the balance of his said subscrlp
ton said Hamilton Barton is to pay nv
thousand CS5OOO.0O) dollars in cash. An
| there is annexed to be read in cOnnectio
with these articles of incorporation, a
accurate and detailed statement and De
scription of the property. assets and al
fairs of said co partnership, together wit
| a statement of the value thereof ana
+ the undivided One-half interest therein {
, | said Hamilton Barton therein as appralse
by Hamilton Barton, +; j: Ross. Robei
II Wptmore William w. Westerfield an
, | Andrew Martinez, the Directors OF TN
, | corporation and the statement by said ID
j ! rectors of the value placed by them upO
the good will of said co partnershlp an
, upOn the undivided One-half interest {
! | said Hamilton Barton in and to the goo
will OF said business.
Il ARTICLE XI-Each share of stoc
; shall be entitled to one vote. There sha
; be no cumulative voting.
II ARTICLE XII-The Board of Director
of said corporation shall be and are here
by vested with all the corporate power
: | of said corporation, including anon
, other powers the following, viz: The pow
or TO make, alter and amend suitable by
, laws for the government of said corpors
ton; the power to borrow money, execul
a mortgages, issue notes or bonds, TO sell {
\ pledge the same, and generally to do a
a things pertinent to or necessary for IN
objects and purposes of said corporation
\ or which are. or may be permitted by n
: laws applicable to corporations, the abo'
3 recital of powers granted to the Board I
Directors not being exclusive, the inter
ton being to vest the Board of Director
4 with all such other and further powers 1
. may be proper to accomplish the objec
: and purposes Of said corporation. Stool
: holders meetings. for the election OF Dire
tors of said corporation shall be held al
A nually on the second Monday of Januar
: ARTICLE XIII.-The President and Il
r Vice President, the Secretary and Urea
a urer shall be authorized 10 receive serFl
Q OF all legal process.
/, Thus done and signed in my office,
n the city of New Orleans,ain the presen
of Harriet Spickert and Roy Raymon
Is competent witnesses, both of this city, WI
n have hereunto signed their names with G
n | said appearers and me, Notary, on q
/ date and day first above written, and g
II subscribers do hereby subscribe for al
It agree to pay for the number Oh shares
n opposite their several names.
IS Names of subscribers: VIM. Banero
n 100 shares; L. ]. Ross. so shares; X:
g Wetmore 70 shares; VIM. W. WeSternel