The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-20
CHARTER OF THE AUTO MOTIVE
SERVICE COMPANY. INC.

Ek
SERVICE COMPANY. INC.
United states Of America. state Of Louis
lana, Parish of Orleans, city Of New or
leans, BE il known, that on this twenty
third day Of September, nineteen hundred
and twcuty-one. before me, Alexis Brian,
a notary public in and for the Parish Of
Orleans State Of Louisiana, personally
came aud appeared the persons who's"
names are hereuntO subscribed, who do
Clarcd to me. notary, in presence OF the
subscribing witnesses, that they desired 10
organize themselves and such other per
sons may hereafter join with them and
| their SUCCESSORS, into corporation under
| Louisiana laws, and that they accordingly
/ adopt The following as their act Of lucor-
/ pCratiOn. to-wit:
! ARTICLE The name Of this corpora
! ton shall be the Auto Motive ScrNlc"
! Company, Inc. it shall exist for ninety
/ nine years from this date, unless sooner
/ dissolved. Its dOmicile shall be in Ne"
! Orleans, Louisiana. where all hgal process
( shall be served on it through its president,
or in his absence through its secretary.
ARTICLE II-Said corporation may
( have. hold, lease, purchase. sell. mortgage
! or pledC" property of any Kind II may
I borrow or lend money upon security and
endorse for other persons or corporations:
/ il may sue and be sued aud may have AMI
use a corporate seal 1t may have all
/ such other rights and powers as are now
or may hereafter be enjoyed by similar
corporations organized under the laws Of
this state.
ARTICLE III-The objects and pur-
poses for which this corporation is or
! ganized and the nature of the business to
be carried on by il are hereby declared To
be. To teach and train auto mechanics by
and through an auto school: to buy. sell.
repair. make. trade in and furnish service
and accessories to automobiles and geuor-
ally 10 do any and all things that may be
necessary or convenient TO the carrying
on of these purp6srS.
ARTICLE " The erp1ral stock of
1ais corporation is hereby fixed at nine
thousand dollars $4,000. divided into
and represented by ninety 800 shares
of stock of the par value of one hundred
dollars ($lO0) each said ninety shares are
full paid and are are paid as follows: The
property furnished being accepted by the
incorpOratOrS at the values stated: Kaphae,
/ i FoIse f. Lawrence HeCker, and Edward
; J. Schneider, own all the property rlsh's
| and credits of the FolSeNlIcCkcr Auto
| Tractor school the Detroit Electric Auto
shop and equity in lots III Carrolltou ave
nue.. all valued at $1,000, which they nav,
turned into this corporation IN payment OF
| the capital stock of the lncOrpordIOi'
namely: to Raphael J. FOlse. $1,000 of CAPT
tai stock; to L. Lawrence Hecker, S"pOO ol
capital stock; to Edward J. Schneider
$1,000 of capital stock.
ARTICLE E-The business ana aHalr'
. of this corporation shall be managed ah'
; conducted by a board of directors con
: siSting of three stockholders, Kapnael j
. FolSe +. Lawrence Hecker, and Ed"ar,
, I Schneider, all of New Orleans Shal
= | constitute the first board of directors
a | They shall hold office until the secon'
= | Monday in January, 1923. or untll thei
= / successors shall be elected and qualtleu
:, | ON the second Monday in January, 10
and annually thereafter an election 70
directors shall be held at the Office OF III
: corporation. after notices shall nave pee
# given to all stockholders by mail at leas
J. ten days prior thereto. At all election
e Stockholders shall be allowed one vote 70
e each share Of stock standing in his nam
q on the books of the company. In case .
h a vacancy on the board of directors O
If officers, il shall be nlled by the remain
= ing directors from among the stOckhoider'
If for the remainder of the term of the dlrec
tor or officer whose vacancy Is SO nlled.
ARTICLE VI-The officers of this col
; pOratiOn shall consist OF a president, SCI
n rotary and treasurer. The board OF dlret
Ne tors may, in its discretion, create III
II Office of vice president. The oflces OF SEE
y rotary and treasurer may be held Dy III
e same person. Until the second MONDAY
l. January, 1923, or until their successors az
u elected, Mr.. Raphael j. Folse shall I
a president; Mr.. Edward ]. Schneider, sec
s rotary and Mr.. +. Lawrence Hecker' trea'
II urer. On the second Monday IN JahuaT
d 1923. Immediately after the election OF d
$, rectors and annually thereafter, the boar
/ of directors elected at such annual NEE
81 ing shall select from their own numD'
ee the president and secretary and treasure
Dt ARTICLE VII-Three members OF u
ID hoard of directors shall constitute
&c quorum for the transaction of all bus
Y, ness Said board may adopt code OF by
er laws and amend or change the same
III their discretion.
is ARTICLE VIII-This charter may
amended in all particulars as provided Z
p, law, and the corporation may be dlssONt
!, by complying with the legal provisions
,, that subject In the event OF voluntar
- liquidation, the stockholders shall sele
=; from their number, two iquidators, WI
shall be vested with full power TO sett
its affairs by the sale of its assets ana pa
he ment of its obligations.
n ARTICLE IXSNo stakeholder shall
ID held liable for the contracts or faults
ne the corporation or of its officers or agent
RS beyond any unpaid balance that may
of due by him on his stock suoscrip'iV ~
~ nor shall any mere informality in IN
xt act render this charter void or expose u
r stockholders to any personal llaDinty o
g yond the amount of his stock subscrlpuO
by In case any stockholder desires 10 sen Il
e. stock in this corporation, he must M
e. offer il to the other incOrp0rators at u
d. value he can obtain for it elsewhere, al
of he can only sell upon refusal of the oth
in incOrporators to buy him out III the pr
~ offered to the incorporators-
tie Thus done and passed in my ONCE
lis the City of New Orleans, on the ia
to above written, n presence OF & >. hep'
en- and W. Il. Gu1on, competent "IlheSs
all who hereuntO sign with sald appeart
and me- notary, after due reading.
nj. Witnesses: c. s. Hebert, W. Il. Guion
m Raphael +. Folse, 80 shares; +. La
To- renee Hecker, 30 shares; EdwaFd
st. ''Nneiuef' % ALEXIS BRIAN
81 Notary Publ
ID | hereby certify that the foregoing {
lu- of INCORPORATION of the auto Motive >
irs vice Company, Inc.", was this day OF
It'll recorded in the Mortgage Office or
ip- Parish of Orleans, in BOOK lSoS' f0Iio
New Orleans, September 23rd, 1921.
10 (Signed): RoBI' SCoIi
pr. A true copy of the original act and
eht the certificate of the Deputy RECORD
nv thereto attached.
ns New Orleans, September 2rd' lg2l
1r- ALIENS BRIAN
no. Notary Pub
N Sept 29-NOv. 3.