The herald., 1921-06-30
CHARTER

noration shall be in the City OF New Or
leans, State of Louisiana, where an Clta-
lions or other legal process shall be ser
we'd upon the President, or in his absence
on the Vice President. or in the absence
Of both upon the Secretary.
ARTICLE III.-The objects ana pur-
poses for which this corporation is organ
lied and the nature of the business 10 be
carried on by it are hereby declared and
stated to be: -,
and automobile accessories, either for it
self or as agent for other corporations,
individuals or firms; and II for others
TO charge commission therefor.
To act az agent for manufactures or
manufacturers OF automobiles.
To let hire and rent out automobiles
or other vehicles Of any kind, nature or
description. by the trip, hour. day, week
or month, in the State of Louisiana, ana
elsewhere; and In general. to operate an
automobile and taXicab delivery. business,
and also drays and trucks; TO buy, lease
| option. or otherwise acquire STAND or
standing room in the State or LOUISIANA
and elsewhere, for the parking o. such
automobiles or other vehicles 20 be used
| in the cOnC.lction of the general automo
bile livery and truck and drayage pusi-
| ness; To operate pubic garage Dus4,
ness; to carry and deliver packages ana
4 parcels. letters, kilograms and messages
of every kind and nature whatsoever IN
! the State of Louisiana ana elsewhere anu
the operation of vehicles for the carrying
and delivering of such packages and par
4 cells and letters. kilograms and messages
| of every kind and nature whatsoever IN
the State of Louisiana and elsewhere ana
generally TO conduct the messenger ser
| vice business.
| To acquire by purchase. lease, option
| or otherwise. patents and inventions that
might be used for the purposes OF TINS
corporation; and generally. to do and per
form any and all other things necessary
| or convenient to properly carry out the
objects and purposes of the business a
ARTICLE IV-The capital stock Of
this corporation is hereby fixed at the sun
of Fifty Thousand SJO'O0OOOl dollars
divided in to five hundred (50O) share
Of the par value of One Hundred CSlOOOOI
| Dollars each, provided. that the amOun
TO which the capital stock Of this corpor
alton may be increased shall be One Hun
| dred Thousand (Sl0O,OOOOO) Dollars, o
| one thousand $1,000 shares. Four hun
dred shares of the capital stock of TN
corporation must be subscribed before IN
filing of the articles of incorporation. IN
| subscribed capital stock of TINS corpor
| alton shall be payable in cash, propert.
| (real or personal or miXed) or for laDO
and services rendered and performed:
| No stakeholder shall ever be held nabi
or responsible for the tauts, contrary
, or debts of this corporation in any fur
Their sum than the unpaid balance uu
the corporation on the shares or stoc
subscribed by him, nor shall any mer
informality in organization have the ei
: exposing any shareholder to any haolllt
whatsoever.
This corporation shall not engage
business until four hundred S4o0) share
= the capital stock shall have been issue
r and paid in, in cash or for property, G
: for cash and property, and II any stoc
of this corporation is exenan t d. e gon'
n will in that event the provisions OF See
I ton of Act 267 of 1914, and the amend
y ments thereto, shall be complied wit
: strictly.
: ARTICLE VAN the corporate power
: | of this corporation shall be vested in an
+ exercised by a Board of Directors con
r posed of three stockholders. each of whol
:. shall own in his own right, during n
; term of office at lease one full paid shal
: ! of stock, two of whom shall constitu
A quorum for the transaction OF bushes
The officers of this corportion shall COZ
| sist of a President, Vice-President, Sc
g rotary and Treasurer, all of whom sha
. be members of the Board of Director
q The offices of the Secretary and Urea
!. urer may be combined in one and the san
l. person.
- The following named persons shalls col
II stitute the first Board of Directors, Z
= wit: Richard A. Barnes, No. 10 n; ;
s Patrick St, New Orleans, La Klchai
!. T. Mcbride No. APO Damned St, New
= leans, La, Jones T. Prowell, No. 1910 ;
i Andrew ST., New Orleans, La, all res
= dents of the City of New Orleans, Loui
,e lana, and domiciled at the addresses
r. President, Richard T. Mcbride as Vic
y President and Jones T. Prowell as Be
, rotary Treasurer and these officers al
70 directors shall hold office until the flr
a Monday of January, 1922. or until the
p. successors are duly elected and qualifie
+ Thereafter the directors shall be elect'
=, annually on the first Monday Of May
D. each year, and they shall elect their 0v
20 officers: all elections of directors sh'
as be by ballot and each stakeholder sht
~ be entitled to one vote for each share
4. stock standing in his name on the boo
y, in person or by written proxy, and
"a shall require a majority of the stock pre-
Is ent or represented to elect. The directo
r. shall have the right to increase their null