The herald. [volume] (New Orleans, La.) 1905-1953, 1921-08-25
cu,RTER FoLsE HECKER AUTO
>cToR SCHOOL, INCORPORATED

roI-ISIANA, CITY OF NEW
TNNS-Be it known that on 'hIa i". ..
dav of July. in the year OF our LUZ Du,
thousand nine hundred anu lM'nvE "a.
baforr me Frederick Delbel, notary rH.
H. in and for the Parish Of orleans, S'a''
Of Louisiana, duly commlsHI"h'r anu
sworn personally came ana "PP'al''
norties whose names are h'FSuut' Sr"
rcrihCJ who declared that, aNalilnE th'h-
49,, Of the several acts of the l."|i,la-
80 and more particularly the Att 40.
o67 of the Legislature OF l'lf' Lr'"u', w
tbn formation of corporations JH,N IA.
ograad TO form a corporation uhuer >"ii
laws for the objects ana pufPo,S' ""'
foundations and regulations, TO VIII
,pTICIE THE name and style OF ms
n,itratian shall be the FOLSE llEt MI,
AFRO TRACTOR SCHOOL lN'ol''
f1 ,RTIC rf 1.-The domieile SHAH be, in
~ Citv and Parish of New Orleans, but
- may establish and maintain OFFICES OF
branches in any parish or Stalt u n,'ai'
exist and enjoy succession u! ~ 49,
,ta name for a period of ninety -hih' years
-, rho date hereof and may commence
bu.ippss os soon as the stock subSoFIo'u
for and amount paid. as the law hitSlS
il shall have the power 10 sue ana ~ su'I'
rent, lease property. real ana personal
Issue full- paid stock, to contract. ana oil,
low all the privileges conferred ana above
by law to corporations.
ARTICLE UI-This corporation Is
formed for the following puLPoEE'e' ,,.'rat
TO train mechanics in the art OF oprrat-
inc and repairing automobiles motor
trucks airplaneS. cars, Nehlcl'S as" NJ
rengir manufacture. sell or Hor'-"-'. u"
kinds OF property. movable OF lnIlo, -
GaIonpinr TO said corporation. or otherWlSe'
| ApTICTF IV-The capital stock Is mere,
| Inv fXpd AT the sum of tiftY ihou>ahu
! Dollars. divided into One Ihogsand S ia :.
| of the mar value of Fifty Dollars each 20
! ho issued for not less than par. or Tor Iht
| payment or exchange for property, or LOT
| RIGHTS actually received or purchaser DS
/ this COrpOratlno. ..,..a NJ
/ The capital stock may he Increased OF
decreased by a majority OF Sna u,. odd
/ Increase 10 be up to one Hundred Thou
RPTICIF IV-ThiS corporation shall he
managed by board OF dlreGiors Coin poseo y
! of five members: three shall constitute
| ouorum for transaction of business me
| officers shall consist of president vice
! president secretary treasurer, all OF WhOH
! Shall he elected by the Board of Directors
and who shall be members OF the board
| they shall hold their office for one year
and until their successors are erected anu
| qualified: all elections shall be Dy DallOI
| Tho president or in his absence, the vice
| president shall he the proper person unoI
| whom all citations must be served. Inc
| annual election shall be held on the las
| Wednesday of August of each year, hacI
] Shg OF stock Is entlIleu u NOtts dhu hA'
holder shall have a vote for each share Of
ERTICT.E VI-This Act of Incorporation
NAV be changed. altered or amended by
vote of two-thirds of the persons oWhlha
the outstanding stock or shares, at meet
ing convened for that purpose. after notlc'
shall have been given fifteen days to eacf
shareholder by publication IN newspaper
and by postal card through the mails, a
his last known residence. Should a ma
iOrity of shareholders vote to dissolve tnl'
| corporation. same shall be liquidated D,
two commissioners appointed by the Boarc
of Directors.
| No stock or shareholder shall have thu
right to sell or transfer any share o.
shares of this cooperation owned by hin
until the expiration of fifteen yads, aftel
giving written notice TO the other stock
holders. who will have the privilege OF pur
chssin the same at the actual cash Naln'
thereof as established by the books or thi
cOrporation The original subscriber
hereto shall have the option of purchaslns
all unsold shares not subscribed for befor'
offering them for sale to the public, ant
at its par value. The officers shall elect
depository or bank for all funds OF TN
corporation, and all checks to be signea D!
the president and secretary.
No Indebtedness shall pe made w1thou
the approval of the Board of Directors, ant
all contracts, sales or purchase OF property
movable and immOvable, shall be nrst ap
| proved by the Board of Directors. In
president shall have the power to conven
said board at any and all times when h
thanks il advisable or to the best interest
of this corporation.
Thus done and signed at New Orleans
La. in the presence Of Messrs. john l.
Townsend and Jos. Rosenberg, competen
witnesses, who have hereto signed thel
names with said subscribers, and me
notary. after reading the whole.
Original signed:
II. j. Folse, 3OlS Palmyra. 200 shares
! A. Himel. $50 Pine, 100 shares: +. Law
renee Hecker. ZIP Cohn street. 200 shares
. Collier Bernhard, 1903 Canal, shares
5 Daniel l.. Leudan, 1922 Cont, 40 shares.
T. Witnesses: Jos. Rosenberg, Jno. Town
f.. send.
4 y true copy. -
FRED DEIBEL.
. Notary Pubic.
I, the undersigned Recorder of Nor
: cages, in and for the Parish of Orleans
= State of Louisiana, do hereby certify tina
the above and foregoing Act of lncorpors
ton of the Folse Hecker Auto Tractc
= School, Incorporated, was this day duly r.
e corded in my Office, in Book 1858, fol-
3 741. New Orleans, July 10. 1921.
e ROBERT SCOTT, by. r.
, July ol-Aup o.