The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-29
CHARTER OF CRESCENT CITY GAR
AGE, INC.

United States of America, State of Louis
lana, Parish OF Orleans, City of New Or
leans, BE il known, that on this 18th day
OF the month of June, in the year of our
Lord, one thousand, nine hundred and
twenty one and of the Independence of the
jnited States of America, the one hundred
and forty-fifth, Before me, William j.
Guste, notary public duly commissioned
and qualified. in and for the above parish
and state, therein residing, and in the
presence of the witnesses hereinafter
named and undersigned, personally came
and appeared the several parties whose
names are hereunto subscribed. who sever
ally declared that availing themselves of
the laws Of the State of Louisiana. in such
cases made and provided, and more par
ticularly of Act 261 of the General Assem-
bly, NJ the State of Louisiana of 1914 re-
lating to the creation. organization and
formation of corporations. they have
covenanted and agreed. and by these pres
ents do hereby covenant. agree and bind
themselves, as well as all other persons as
may hereafter become associated with
them, to form corporation for the OBJ
jectS and purposes under the articles and
>tipulations following, which they hereby
adopt as their charter. to-wit:
ARTICLE THE name and title of this
corporation shall be Crescent City Garage
Inc, and under its corporate name, ii shall
nave power and authority TO have and en-
JOY corporate existence for a period of
ninety nine years from date hereof, unless
o'Oh'I ulSsONeu Dl liquidation or Otl6r-
wise. 1t shall have power to contract to
sue and be sued; to make and use a cor
pOrate seal, and to alter and break the
same at pleasure; TO hold, receive, lease.
purchase, transfer, assign, mortgage, hy-
pothecate, pledge or otherwise dispose of
property, real, personal or mixed, corpo-
real and fncorpOreal; TO issue bonds and.
II desired. to secure same by mortgage:
TO hold stocks in other companies; to
make and elect officers and directors: TO
md
laws, rules and regulations for its proper
government, as may be deemed necessary
and proper for the extension of the bust,
ness In which the corporation is engaged.
ARTICLE 1.-THE domicile of this cor
poratlon snail be in the City of New Or
leans, State of Louisiana: and service of
process snail be made upon the president
or, IN his absence, upon a yice-p president.
ARTICLE III-The objects and purposes
for which this corporation is Organized
ana created, and the nature of the bust
ness 10 De carried on by it are declared to
be as follows:
10 conduct a general business of a gar
age TO deal in, buy, sell. exchange, mort
gage automobiles or vehicles of any ma
lure whatsoever. used or new, and the
parts hereOf. To buy, sell, and. in gene
raj. TO deal in fuel oils lubricatinp oils
mechanical and electrical apparatus, nc.
cessorles, accoutrements or furnishings of
any nature whatsoever, connected with or
INCIDENTAL TO the manufacture, upkeep or
propulsion of automobiles or vehicles of
any nature whatsoever. To wash. store
paint, upholster, embellish or in general
or vehicles of any nature
wna'soever. To construct, establish
warehouses or storerooms. which may
De necessary for properly prosecuting
SUCH business. and, generally, to do and
perform all things pertaining and inciden-
raj to the carrying out and proper execu
nd
above mentioned.
ARTICLE IV-The capital stock of this
corporation is hereby fixed at the sum
Oh eight thousand (SS,0OO.OO) dollars. and
eighty (S0) shares of common stool cs
the par value of one hundred (SIOO O01
dollars each. N''
Said stock shall be paid for in cash. or
~ property, or services actually rendered
10 the corporation, or other eouiyaIent M
ASH as provided by law and IN such man
her and at such time and in such Install.
nents as may be prescribed by the hoard
Of directors. e '0"iu
Ihls corporation shall become n going
,o e ana shall be authorized to com.
nehce business as soon as fifty (5M per
,eht or It's capital stock shall have been
subscribed, and fifty (50) per cent of all
STOCK subscribed for shall in fact have
zen pald Tor, either in cash or its equiya-
ne capital stock of this
corporation may be increased to the sun |
Vi Iltteen thousand (S150OO.OO) dollars.
y vote OF two-thirds of all the stock pres
.nt or represented at a special meeting
alIed Tor that purpose, or at a reguIap
ihnuaI meeting of the corporation.
AhIiCLE V1-All certificates of stock
ss9ed by this corporation shall be signed
rnu counter signed by the president and
Inc stock of this corporation can be
iansierred only on the books of the cor.
'oIation, and subject to such reguIations
~ Iormalities as may be by the hoard
I, I, directors from time to time prescribed
NO stockholder shall be permitted to soil
- :, otherwlse dispose of his stock without
III oHerlng the same in writing to the
'tner stockholders, through the board of |
lrectors' at price not exceeding the hook
aye thereof; and said srocKboIners yn
'roportion to their holdings, shall have an
Prcion ana flrst right to purchase. at tho
,Ssk value OF such stock on December 31stS
AZ proceeding, all the shares of stock r. |
" mus disposed of by sale or otherwise
u eany or the stockholders, and shall have
Eerlod or ten days in which to accent or |
e1iine said offer. Should the stockholders
I'VE TO purchase said stock, then sncb
s : older is at liberty to sell or dispose
4 Ihe STOCK, and may do so in any manner
no at any price he may deem fit.
facn share of stock Is fssued hara;c