The herald., 1920-06-24
CHARTER
necessary for the proper carrying on Of
the business of the corporation

necessary for the proper carrying on of
the business of the corporation.
ARTICLE VI.-Whenever this cornorn-
| tion may be dissolved either by limita-
| ton or from any other cause its affairs
shall be liquidated by three commissioners
to be appointed from amongst the stock
holders at 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
llquidated. In case of death of one or
more OF said commissioners, the vacancy
shall be filled by the surviving commits
siUncrS.
ARTICLE VII.-This act of incorpora-
ton may be modified, changed. or altered
or this corporation may be dissolved Oh
the capital stock may be altered. in ac.
cordance with law, at a meeting of stock
holders called for the purpose after notice
shall have been given by written notice
TO each stock holder, delivered to him
personally or mailed to him ut the post
office address. designated by him in writ
ing ut least fifteen (l5) days prior to the
date of meeting.
ARTICLE VIII.-No stakeholder shall
ever be held liable or responsible for the
contracts, faults or debts of said corDora-
ton in any further sum than the unpaid
balance due the corporation on shares of
stock owned by him, nor shall any mere
infOrmdlity in organization have the effect
of rendering this charter null or of eX-
posing stakeholder to any liability be
yond the unpaid amount remaining tue
on his stock.
ARTICLE IN.-The first Board of hi
rectOrS. chosen and selected shall be Edgar
Il. Gould, 4I2 Lowerline ST. New Orleans
Arthur T.. Jackson. 1865 Coliseum ST New
Orleans: jewell \. Spernng. zlcl Penis
ton St, New Orleans; with the said Edgar
G.. Gould, president. Jewell 4 Sperliup
yice-preSdcnt and general manager: and
Arthur Il. jackson. secretary treasurer. to
serve as such until the first Tuesday in
June. 1911, or until their successors shall
have been duly elected and qualified.
ARTICLE N.-The subscribers to the
capital stock of this corporation ar.
Nallie J. DOdd, 1000 shares: Jewell 4
Sporting. 200 shares: Edgar c. Gould
200 shares; Arthur f.. Jackson 200 shares
George ID. Williams. 800 shares: Frank II
BaNter 900 shares. Three thousand shares
fully paid stock shall be issued TO Vallie
j. Dodd and Jewell \. Sporting. sub
Scrihers' hereto in above respective
amounts in part consideration. and twenty
thousand S2O,OOOOOD dollars payable two
ana four months from date. represented
by two prOmisSOry notes of ten thousand
(SlOOOOW) dollars each. signed by the
duly authorized officer of the company
payable to the order of themselves and
endorsed by them. WherefOr the Said
Naliie j. DOdd and Jewell A. Sperlinp
hereby sell. assign, transfer. set over. ana
deliver all of their rights title and inter
est In. and to, certain secret formula
copyright and patent No. 2O569 known
as "DOdd'S Worlds Greatest Punrturn
Cure" for the treatment of inner tuhos nf
automobiles, trucks, etc. together with all
the assets and good will of the business
formerly conducted by V. J. Dodd and
o. co-partnership composed of Vallie
): Dodd and Jewell \. Sperling. I'm the
city of New Orleans. and this company ar-
cepts same and acknowledges due delivery
thereof.
The said appearers being all of the sub
scribers hereto and officers hereof. being
by me, Notary, first duly sworn. did de-
pose and say, that they are familiar with
the property hereinabOve transferred TO
this company by said Vallie J Dodd and
Jewell 4. Sperling, that same is well
known to them and by each Of them to
ne lulIy appralsed at the sum of fifty
thousand $3.50 100000 dollars.
Thus done and passed. at the Civ Of
New Orleans on the day. month and year
hereinabOve first written in the presence
OF ). Ryan and ]. G. Bouligny. competent
witnesses. who hercunto sign their names.
,ogether with me, Notary, after full read
ing of the whole.
(Original signed)
VALLIE j. DODD. 1000 Shares.
BY J. A. Sperling.
JEWELL \. SPERLING. 1000 Shares.
EDGAR G. GOULD. 200 Shares
ARTHUR f. JACKSON. 200 Shares.
JEWELL A. SPERLING, 100 Shares.
GEORGE ID. WILLIAMS 500 Shares
r III. BAXTER, 500 Shares
Witnesses:
s. Ryan.
]. G. Bouligny.
y. f. HUMPHREY.
Notary Public.
l. the undersigned. Recorder of Mort
cages in and for the Parish of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpora-
ton of The International Puncture Cure,
Inc. was this day duly recorded in nv
office. in Book 1242, Folio 39l. New Or
leans, May Goth. 1920.
(Signed) EMILE J. LEONARD,
ID. r.
/ hereby certify the foregoing to be a
true copy of the Act of incorporation of
The International Puncture Cure, Inc.
passed before me on the seventeenth day
OF May, 1920, the original of which is of
record in my Notarial Office
n. +. HUMPHREY.
Notary Public.
June I0-July Is