The herald., 1920-10-28
III : ROT IN
notary Public

Ibi k~. M.
Iuit"d States Of America State Of Lou
lSlIuu. Parish ul orleans. tlry OF Sow
Orleans. Er II known. luat on This 10th
daN of ia" month OF October. IH-U aud
Of tn" Independence of tho uItrt States
81 America. the JEr hundred AMI fUTts
fourth. before me. John /. Sullivan. "a no.
JHrI public. duly commissioned AMI quail.
ned ia and 'Ur the city OF New ORLEANS.
Parish OF Orir~u~. stat" OF Louisiana
therein residing aud IN the VT,t>vu,, OF ia.
witnesses hereinafter named and under
>l-urd. personally cam" aud appeared TN.
l"ltp" tu- persons. W hose names ar. here.
unto subscribed. together with IA" amounts
81 ih"lr respective ~ub~. rlTtIDU~ e. ID.
capital >turk OF the corporation To- a,.
formed - no s"E'TaliN dt~!.tr. that. aNaIlIus
Themselves OF the prON i~lun> OF the Law
"i the Stat" OF Louisiana. relative 10 the
"F-auitaton 81 corporations. they have
'uNruAntvd and agreed. and do by tMr~,.
presents. covenant aud IGr"" and bind
themselves, as We'll It's such other persons
Is many hereafter bc"om" associated with
Them. Tor their Successors, 10 form and
'ouSltui" themselves into a corporation
and body polite in Law. ana Tor the oh
Jets aud purposes and under agreements
ana stipulatious following. To Wit.
ARTICLE / The name aud title o. thi,
corporation shall be Higgins Toy" Tours.
Incorporated. and 10y that nam" said cor
puratiOu shall have power and authority
to haN" ana enjoy succession for tn" fun
term Of ninety nine Years from the date
utI'ol 10 contract. 10 sue ana bt SutG ,
to make and USE corporate seal, to pur-
chase and r,CriEe. lease, hold. sell and
convey, as we'll as mortgage and hypO.
th"cate. property, real personal and mix
I'd. 10 name and appoint such officers and
agents as the interests of said corpora
ton may require, to make and establish
such bylaws and regulations for the prop
er management and regulation of its al
fairs az may be deemed necessary and to
change and alter the same at their pleas
ure.
ARTICLE 1.-THE domicilc Of said cor
poration shall be in the City Of New or
leans, Stat" Of Louisiana, and all citations
and other legal process shall be served
upon the President OF said corporation.
and in case of his absence upon thu Vice
President and in case o. the absence OF
both of these officers. upon the Secretary
thereof.
ARTICLE III-The objects and pur
poses for which this corporation il r>-
tablished. and the nature of the business
to b" carried on by II are declared To b-
The purchase. ownership. sale hiring and
leasing of GutOmt bileS. sight seeing ears
and the OptRatiOn of sight seeing cars and
touring ears throughout the city of New
Orleans, and the conduct of general auto
mobile transportation business. and Ia
purchase. own, sell and lease all autnmO
bile supplies and accessories and generally
to enter into all contracts and to do all
acts and things that may be necessary
and convenient and apprOpriat" in the ac-
'plll plISHillf'hi Ol Inv tlOTFNilu purposes.
ARTICLE IE.-Tha capital stOck Of thi,
corporation shall be nifty thousand dol
lars $50 10000 divided into tve hundred
shares AT the par value of one hundred
dollars each. payable when issued in cash
or other property or for services rendered
or actually performed as decided by thu
Board of Directors; each share of the CSpi-
tai stock shall be entitled to one vote
at all meetings o. the kholderS. The
capital stock may be increased to the sum
of hmm A r.aH hnr NJ nj
OOO.O0).
ARTICLE V-No stoCkhOld"r shall be
liable or responsible for the Indebtedness
faults or defaults of this corporation, MOI
shall any mere informality in the orSAnlZa
ton of the corporation have any effect
of rendering the charter null or OF ~
posing the stockholders TO any liabillt!
beyond the unpaid balance. II any, on IT.
stock subscription
ARTICLE yI-ShoUld any stakeholder
desire to sell his stock, he shall first ofer
same to the stockholders OF the company
through its Board of Directors, and the
stoc kholders who desire to purchase, rhni
have the right to purchase same Shouid
said stockholders within seventy two hours
after written notice has been given, fhl
or refuse to purchase the stock offered fol
sale such stock may be sold to anyone.
ARTICLE VII.-This corporation shall
have all the powers granted TO such cor
porations and shall have the power &c
contract, sue and De Sueu IN It's COTpoIhh'
name and to own hold, receive, loan
lease purchase. sell and convey or mort
gage any or all of its effects or to hypo
thccate its property and to do any and
act sor things OF any KIND, nature or oe
scription as may be necessary to carry Out
the objects and purposes of said business
AS its interests and convenience may re-
quire.
ARTICLE VILLAIN the business and
affairs Of said corporation shall be vested
in and directed by q Board Of Directors
com posed of three stockholders ma
jority of whom shall constitute quorum
for the transaction of all business and th'
said Directors as first constituted shall b.
Frank +. Toye. Joseph Gross and l.. q
Higgins, all of lawful age and residents
of this city and they shall hold Office IN
I'll January -. 1922 and on that day anc
from each and every day thereafter, al
election shall be held annually for di
reCtOrs at the principal Office OF the cor
pOration. Failure to hold an election or
the day specified shall not dissolve the cor
porHtiOu. but the Directors in Office shall
| hold their respective Offices until an cleo
| ton shall be held after ten days notice
of the time and place thereof given to eact
| stoc kh older. The annual election shall b'
held on the first Monday in January, 1922
thereafter o nthe first Monday in January
of each succeeding year, and the Directors
| shall be chosen by ballot. All vacancies
cause shall be filled by the remaining hi
| rectors. Frank TOye, shall be first Presi
dent Joseph Gross, shall be first Vice
| President and l.. q. Higgins shall be frs
Secretary and Treasurer and they shall
| hold Office until the first Monday in Jan
uary, 1872. and each succeeding Board o.
| Directors shall elect its principal officers
| for the term of their election and only
stockholders shall be eligible for election
as member of the Board of Directors.
| ARTICLE IX.-Wheneyer this corpora
| tlon is dissolved, either by Limitation Oi
| for any other Gauss, its affairs shall b'
| liquidated by the Board of Directors. wh'
are hereby vested with full power to sci
any and all assets OF said corporation
either separately or in masse, and to con
vey full and complete title thereto, and
! shall have full power 10 do and perform
all acts necessary and proper. fully anC
| completely, to liquidate the affairs and Il
distribute the proceeds, if any, among tn
stock holders of said corporation in tn
amount of stock held by each.
| ARTICLE X.-This act of incorporation
may be amended, altered or modified o
! this corporation dissolved by vote o
| three fourths of the shares of the tOta
amount Of stock at a meeting convened 70
that purpose after ten days notice il
writing mailed to the address of esCl
stakeholder.
Thus done and passed at my nOtaria
Office in the City of New Orleans. Stat
of Louisiana, on the day, month and yea
first above written in the presence of Ear
| J. sullivan and Wyles +. Byrns. compe
tent witnesses, who have herruntO signed
| their names together with appearers an'
me. Notary. after due reading of tn,
whole