The herald., 1920-08-12
ACT OF INCORPORATION OF BoISsET
HYDRO-TRANSM ISSION MANI
FEATURING CO, INC.

United States of America. State of Lou
isiana. Parish of Orleans, City OF New VI
leans. BE it known, that oh thls
twenty-third day OF the month OF
June, i'm the year of our Lord one
thousand nine hundred and twenty ana OF
the Independence of the United states OF
America, the one hundred ana 1orty iour'n,
before me. Charles Theodore Starkey,
Notary Public, duly commissioner ana
qualified in and for this city. ana the par
ish of Orleans, therein residing, anu III
the presence of the witnesses hereinafter
named and undersigned, personally came
and appeared the persons whose names
are hereuntO subscribed, VINO declareu
that, availing themselves OF the laws . %
this State relative to the organization OF
corporations. they hereby form themselves
their associates and successors, INTO a cor
pOration with all the powers ana prNlIeets
tbeT adopt as their charter, to-wit:
ARTICLE 1.-The name OF TINS cor
Doration shall be BoisSet hyuro- rdhs-
mission Manufacturing Co, Inc, ana un,
der its said corporate name 1t shall nave
mower and authority to enjoy the cOrpoT,
ate existence and succession for the Iull
term of ninety nine years, from the datt
hereof, to contract, sue ana oe sn and ~ ~
make and use corporate seal, anu ~
alter and break the same at pleasure 70
acquire by gift, grant or otherwise nolu
receive, hypothecate, convey sen, ease
real. personal and mixed; to issue nego'
| liable bonds and notes, or other evidence
of debt; to name and appoint such man ~
ayers agents, directors and ot1lcers, as ~
| h9Siness interest and convenience may re
ouire to make and establish, as Wen as tS
| alter and amend, from time 10 tlihe, sur
bylaws, rules and regulations 1or TN
| proper management OF the aIIalTs Vi lhI
| rorporation, as the same may be neceS
| sary and proper; said corporation snal
have further power to acquire sell anu uls
pose of the capital stock in other corpor
| ations: and further to enjoy ana exercls
| ali the rights and privileges and grant
under the laws of this State and more pa r
| ticuIarly under Act 261 of 1914 OF TN
| Iouisiana Legislature of 1914.
aRTICLE I.-The objects and purpose
for which this corporation is formed ant
the nature of the business to be carried OF
by it are hereby declared to be: re man
| ufacture. buy, sell. acquire. hold hydro
| transmission devices for tractors, trucks
| stationary engines. locomotives, ana otne
engines used for mechanical purposes; cue
and to buy, sell and manuiaGture, an h Aiud
ing and manufacturing OF engines as aDoS
mentioned, and to acquire all right, III
and interests of Charles Boisset IN certal
patents. and to manufacture, sell anu uls
bose of all of said products and promot
and develop the same, according TO IN
best Judgment of this corporation:
ARTICLE IIl..The capltai stoet ~
sum of twenty thousand (s2O,OOOVol 90
lars, to be represented by two huh1re
| (2OO) shares of the par value OF one huI
bred (s1O00O) dollars each. payaDle d. SUI ~
time and under such conditions as TT tG
Board 90 Directors may determine. IN
corporation shall be a going concern an an
authorized to do business as soon as III
15Ol per cent Of its authorized capital sha
be subscribed for, and at least flfty "
per cent of all stock subscrlbed ior s sha
be paid for. Stock OF this company sna
only be issued for cash, or for service
rendered, merchandise, property or oth'
j valuable considerations, enuring 10 IN
! CORPORATION. according to the exclusi'
J Judgment and findings Of the Board
, Directors thereof.
2 ARTICLE Iv.-The subscription for ar