The herald., 1920-06-17
iHTER OF II BERT MOTOR CNR
CONPiNI, INCURPDR iTED.

United states Of America. state OF
Louisiana. Parish of orleans. Ic il
known. that ON this first d.ty of INN.
hih" hundred and twenty. before me,
Francis L. Burns. "a notary public in
and, Tor the Parish of Orleans. stat,
or louisiana. duly commissioned anc
Tdalllcd. and in the presence of the
unlrrSi%u"d witnesses. personally came
and appeared, the several persons
Scrihcd, "t the fun age of majority
who declared To me that awaiting them
selves of the laws of this State rcla-
tive To the organization of corpora
ti"ns. and more especially Of Act 267
of l3ll, page 52l. of the legislative
acts of this state. they have covenant
ed and agreed. and by these presents
30 covenant and agree for themselves
ana their successors and assigns to
form themselves into a corporation and
body polite for the objects and rur-
pose and under the Stipulations here
lu:tfter set forth. to-Wit.
ARTICLE 1.-The name and title of
this corporation shall be ALBERT Mutoi
Car Company. Inc. and under such
Tile II shall have and enjoy succession
for a period of nincty-nine years from
date hereof and shall have power and
authority To contract. sue and be sued,
make use a corporate seal, the
same to break and alter at pleasure.
to mold, sell, lease, mortgage. hypothe-
cate or pledge property. real. personal
VI HllAth, necessary. llCllcDtdl or
proper FOR the carrying on of its bust
ness: to buy and to hold stock in any
Other company or companies that may
assist this company in its objects and
purposes; to make and issue notes and
certificates of Indebtedness: name. elect
and appoint managers. directors and
clerks or other employees to properly
conduct its corporate business and to
make such bylaws, rules and reGula-
tiOns as may be found necessary or
desirable for the management and bus
mess affairs of this corporation, and
generally to do every other act. mat
ter or thing necessary for the COM
plete and proper carrying out Of said
business.
ARTICLE 1.-THE domicile of this
corporation shall be in the City Of New
Orleans. Parish of Orleans. State of
Louisiana, where all citation and other
process shall be served upon the pres
ident, or in the absence of the preSi-
dent. upon the vice-president. or in
the absence of both. upOn the secre-
tary.
ARTICLE III.-The objects and pur-
poses of this corporation are hereby
declared and stated to be:-To buy, sell.
lease. repair and generally deal in au-
tomobiles.. motor boats. other motor
driven vehicles, bicycles. aeroplaneS.
dirigibles balloons and other motor
propelled air craft, and automobile.
motor boat. bicycle, aeroplane and 9TH
er motor propelled air craft supplies,
and all other business incidental to the
retail and wholesale automobile. motor
boat, bicycle and air craft business:
to promote and assist financially any
person, firm or corporation engaged in
the business of selling automobiles.
motor boats and other motor driven
surface and air vehicles, at retail or
Wholesale. This corporation shall have
the power and authority to carry out
any and all of the aforesaid objects
and purposes in the States of Louis
lana n Mississippi. and any other
state of the United States in which
this corporation may see fit to do bust
ness. And generally to do any and
all other acts and exercise any and
to attain and further any of the fore
going objects and purposes.
ARTICLE IV.-The capital stock of
this corporation is hereby dXed at the
lars. divided into one hundred shares
of the par value of one hundred $1,000
dollars each. provided that the amount
to which the capital stock of this
corporation may be increased shall
be two hundred and fifty thousand
$3.50. 100000 dollars. Fifty per cent of
must be subscribed for before the MI
ing of the articles of incorporation
The subscribed capital stock of this
corporation shall be payable in cash
property, real or personal, or for ser.
vices performed or rendered. No
stakeholder shall ever be held liable
or responsible for the faults. contracts
or debts of this corporation in any
further sum than the unpaid balance
due the corporation on the shares o.
stock subscribed for by him. nor shall
any mere informality in the organiZa
ton have the effect of rendering this
charter null or of exposing any share
7 holder to any liability whatsoever
!, This corporation shall not ngage il
business until five thousand (s5.00O.OO
/ dollars of the capital stock shall hay'
been issued and actually paid in
aforesaid. If any of the stock OF thi!
corporation is exchanged. in whole o.
in part. for property or good Will, IL
that event the provisions OF section
of Act 267 of 1914 shall be strict,
complied with.
ARTICLE V.-All the corporate pow
= ers of this corporation shall be vest
ed in and exercised by a board Of di
holders. each of them shall own, IL
his own right. during his term of of
flee. at least one full-paid and unpledg'
? ed share Of the capital stock. which
shall be shown by his written declara'
ton, two CD of whom shall consti'
tute a quorum for the transaction oil
business. The officers Of this corpor'
alton shall consist of a president, vice,
president and secretary-treasurer. al
: Of whom shall be members of the board
of directors. The following named per
sons shall constitute the Board OF Di'
rectors of his corporation, to-wit
Robert l.. ALBERT, Gilbert A. Heyl anc
Robert G.. Rebentisch, with Robert l.
ALBERT az president, Gilbert A.. Hey
! as vice-president, and Robert G. Re.
bentisch as secretary-treasurer. am
I these directors and officers shall serve
/ until the first Monday in June in tn,
: veal 1921, or until their successor
! have been duly elected and qualified
| Thereafter the directors shall be elect
ed annually on the first Monday II
1, June of each year. beginning with th'
: veal 1921: all elections of directors
. shall be by ballot and each s~tockholdel
: shall be entitled to one vote for eaci
I share OF stock standing in his mann
(, on the books of the corporation, TN
4 vote to be cast in person or by proxy
I and ii shall require a majority OF TN
I stock present or represented to elect
=, Failure to elect a Board OF Director
. on the first Monday in June, 1871, o
I annually thereafter, shall not work {
I forfeiture of this charter. but the oil
Board of Directors shall remain in or
; flee until their successors are electe'
! and qualified.
: ARTICLE VI.-The Board Of Direc
= tors shall hold regular meetings a
4 such times as shall be fixed in the by
laws OF this corporation. THESE meet
ings shall he held at the domicile {
he corporation. but the president ma
n call special meetings of the Board {
Directors at such times as ne ma
deem advisable. n he shall be RI