The herald., 1920-06-10
CHARTER.

hereinafter named and undersigned. per-
| sOnally came and appeared the 1OllOWlng
persons. whose names are hereuntO SUD
| Scribed. together with the amounts OF
| their respective subscriptions of the cap
ital stock Of the corporation to be formed
| who severally declare that, awaiting them
| selves of the provisions OF the laws OF
the state of Louisiana relative to the or
| ganization of corporations. they have cove
| nanted and agreed, and do by these pres
| cntS covenant and agree ana BIND them
| selves as well as such other persons as
| may hereafter become associated with
| them or their successors, To form ana
constitute themselves MO Il corporation
and body polite in law, and for the OBJ
| icctS and purposes and under agreements
! and stipulations following. to-wit:
ARTICLE THE name and title OF TINS
, rorporatiOn shall he the "BiaCG and Nhlt"
| Cab Company of Louisiana, Inc and by
! that name said corporation shall have pow
! cr and authority To have aud ENJOY sue
/ crSsiOn for the full term Of ninety nine
| years from the dat" hereof. 70 contract;
I TO sue and he sued to make and use
I corporate Scal; to purchase and receive
I lease. hold. sell and convey. rs Wei as
mortgage and hypothecatr, property, real
personal and mixed: 10 name and appoint
/ such Officers and agents as the interests
! of said corporation may require: 10 maxi"
and establish such bylaws and regulations
/ for the proper management and regulation
/ of its affairs rs may be ,;ccm"d necessary
/ and to change and altar the same ut their
! pleasure.
I ARTICLE U.-Th" domicilc of said cor
poratfun shall b" in the city of New Or
/ leans. state of Louisiana. and all citations
and other legal process shall b" served
! upon the president of said corporation
/ and in case Of his absence upon the vice
! president and in case of the absence of
! both these Officers. upon the secretary
/ thereof.
ARTICLE HI-The objects and pur-
poses for which this corporation Is "S-
I tabliShed and the nature or the business
! TO he carried on by ii are hereby declared
| TO he th, purchase. sale and hiring of au-
: tomobiIrs taNcabs. and the operation OF
"A general automobile ana taNtcab livery
/ business and particularly to op"rat"
| black and white cabs and taNicabS: TO
purchase and sell all automobile supplies
/ and accessories and generally to do all
/ acts and to enter into all contracts that
/ may lie necessary and convenient or APP
prOpriate in the accomplishment of III"
aforesaid purposes
ARTICLE IN-Thp capital stock of
. this CORPORATION shall l." ten thousand
B dollars tSlO.OOO.OOl, divided into one hun
I dred shares at tn" par valu" OF one nun
+ dred dollars each. payabl" when issued
: i'm cash or other property or for services
| rendered or actually performed aS decided
/ 10y the board of directors; each share OF
the capital stock shall he entitled To one
vote AT all meetings of the stockholders
/ The capital stock may he Increased to the
sum of fifty thousand dollars (SJO.WnOo)
/ ARTICLE N-Nn stakeholder shall be
liable or responsible for the indebtedness.
faults. or defaults of this corporation. nor
I shall any mere informaiiiy III the "rEahl-
1 Zation of the corporation have any effect
4 of rendering the charter null or Of eN-
posing the stockholders to any liability
I hryond the unpaid balance. If any, on
his stock subscription.
ARTICLE VI Should any stakeholder
desire To sell his stock. he shall first Of
fer same To the stockholders of the com.
panN through its beard of directors, ana
the Stockholders who desire to purchase,
shall have the right to purchase same
should said stockholders within seventy
two hours after written -otice has been
given. fail or refuse to purchase the StocS
offered for sale, such stock may be sold
TO anyone.
ARTICLE NII.-ThiS corporation shall
have all the powers granted to such cor
porations. and shall have tn" power Il
contract. sue and he sued in its corpOr'
ate name. and to own. hold, receive. loan
lease. purchase. sell anu convey or mort
gage any or all of its effects or to ny
pOthccate its property and Ia do any ANA
all acts or things of any kind, nature 81
description, as may be necessary TO carry
out the objects and purposes of said bust
ness it, interests and convenience may
require.
ARTICLE NIfI.-Al the business ant
affairs OF said corporation shall he vested
in and directed by board of directors
| com posed of three stockholders. majority
! of whom shall COn>titd;e n quorum fol-
: the transaction of all business and til,
| said directors as first constituted shall b'
Joseph Toyc. Frank r. Toye and Pau
TOye, all of lawful age and residents %
, this city and they shall hold office unit
! June l. 1921 and Oh that day and from
each and every day thereafter. an election
shall he held annually for directors at th'
principal office of the corporation. Fail
ure to hold an election oil the day Specl
fled shall not dissolve the corporation
hut the directors in office shall hold thei
respective offices until an election Shal
: he held after ten days notice Of the TIM
and place thereof given to each stock
holder. The annual el-C:-nn shall he h"l'
on the first Monday in June, 1921. there
: after on the first Monday in June of eacI
! succeeding year. and the directors Shal
: he chosen by ballot. All vacancies on tn
board of directors for whatever cause shal
: he filled by the remaining directors
r Joseph TOye. shall be first president
Frank +. TOye. shall he first vice-pres
Z dent and Paul TOye. shall re first Secre
: tary and treasurer and they shall hOl
4 office until the first Monday in June, 1872
y and each succeeding board of director
, | shall elect its principal officers for III
a term of their election anc only stOckhold
a erS shall he eligible for election as a mem
/ ber of the board of directors.
ARTICLE IN.-Whcncver this corpora
ton is dissolved. either by Limitation, q
for any other cause. its affairs shall i
liquidated by the board of directors. VIII
are hereby vested with TIil power to Sc
any and all assets Of said corporation
- either separately or in masSe, and to col
vey full and complete title thereto. an
shall have full power to do and perfOrl
y all acts necessary and proper. fully an
l completely. to liqudate the affairs and
distribute the proceeds. if any, among tn
stockholders of said corporation in III
e. amount of stock held by each.
l. ARTICLE N.-This act of Incorporate
s. may be amended, altered or modified 4
1t this corporation dissolved 5y vote
lt three fourths of the shares of the tOti
4 amount of stock at "A meeting convened f.
in that purpose after ten days notice in wri
ing mailed to the address of each stOcl
O. holder.
Thus done and passed ut my nOtari;
office in the city of New Orleans. state
- Louisiana. on the day. month and yea
first above written in the presence of job
T. Sullivan and Mark X. Neuhauser. con
petent witnesses. who have hereuntO signe
= | their names together with appearerS an
v meg notary, after due reading OF ii
l. whole.
r. Frank f. Toye. 1911 LeGa street.
shares; Joseph Toye. 1914 Dumaine stree
20 shares; John ID. TOye. per F. T.. Toy