The herald., 1921-10-13
CHARTER OF THE Alto MOTIVE
SERVICE COMPANY, INC.

CHARTER OF THE AUTO MOTIVE
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
aud tweuty-our before me, Alexis Brian.
notary public in and for the Parish of
Orleans, State of Louisiana, personally
came and appeared the persons whose
names are herruntO subscribed, who dc
clarrd to ne, notary, in presence of the
subscribing witnesses, that they desired 70
organize themselves and such other per
sons as may hereafter join with them and
their successors, into a corporation under
L0uisigua laws and that they accordingly
adopt he following as their act Of iucur-
poratiOn, to-wit:
ARTICLE The name Of this corpora
ton shall be the Auto Motive Service
Company, Inc, il shall exist for ninety
nine years from this date. unless sooner
dissolved. Its domicile shall be in New
Orleans, Louisiana, where all legal process
shall Toe served on il through its president
or in his absence through its secretary.
ARTICLE U-Said corporation may
( have. hold, lease, purchase sell, mortgage
or plcdg" property Of any kind; it may
/ borrow or lend money upon security ana
endorse for other persons or corporations,
II may sue and hc sued and may have and
| use corporate seal. 1t may have all
| such other rights and powers as are now
/ or may hereafter be enjoyed 10y similar
corporations organized under the laws Of
I this state.
| ARTICLE III-The objects and pur-
poses for which this corporation is or
/ ganized and the nature of the business 10
/ be carried ON by il are hereby declared To
be: 70 teach and train auto mechanics 10y
/ and through an auto school; TO buy, sell,
/ repair, make, trade III and furnish service
: and accessories To automobile. and gener-
| ally to do any and all things that may be
/ necessary OF convenient 10 the carrying
| on of these purposes.
! ARTICLE " The capital stock of
/ this corporation is hereby fixed at nine
| thousand dollars $4,000, divided into
| and represented by ninety 500 shares
| of stock of the Isr value Of one hundred
dollars ($lOOD Vach. Said ninety shares are
/ full paid and are are paid as follows. Inc
! property furnished being accepted 10y the
mcOrporatOrS at the values stated: Raphael
j. Foise, +. Lawrence HeCker, and Edward
! j. Schneider, own all the property, rights
| and SreditS Of the EOlse-licckcr Auto
| Tractor School, the Detroit Electric Auto
| shop and equity in lots in Carrollton Ave
nue., all valued at $1,000, which they have
turned into this corporation in ID yment of
the capital stock of the incOrpOrators
namely: to Raphael j. FOlse, $500 OF CAPT
tai stock; to +. Lawrence Hecker, $1,000 Of
1 capital stock; to Edward j. Schneider,
5000 of capital stock.
ARTICLE N-The business and affairs
| of this corporation shall be managed ana
conducted by a board of directors con
sisting of three stockholders, Raphael j.
Folse +. Lawrence Hecker, and Edward
j. Schneider. all of New Orleans shall
constitute the first board of directors.
They shall hold office until the second
Monday i'll January, 1923, or until their
successors shall be elected and qualified.
On the second Monday in January 1873,
and annually thereafter an election for
directors shall be held at the office OF the
corporation after notices shall have been
given to all stockholders by mail at least
ten days prior thereto. At all elections
stockholders shall be allowed one vote for
each share of stock standing i'll his name
on the books Of the company. In case OF
a vacancy on the board OF directors or
officers, it shall be filed by the remain
ing directors from among the stockholders,
for the remainder of the term of the dlrec-
tor or officer whose vacancy Is SO hued.
| ARTICLE NI--The officers of this cor
pOration shall consist of q president sec
rotary and treasurer. The board of direc-
tors may, in its discretion, create the
office of yice-presi6ent. The Offices of sec
rotary and treasurer may be held by the
: same person Until the second Monday of
January, 1928 or until their successors are
elected, Mr.. Raphael j. FOlse shall be
president; Mr.. Edward j. Schneider, sec
Rotary and Mr.. +. Lawrence Hecker, treas
urer. On the second Monday in January,
4 1928 Immediately after the election of di-
rectOrs and annually thereafter, the board
of directors elected at such annual meet
ing Nshall select from their own number
the president and secretary and treasurer.
| ARTICLE VII-Three members of the
board of directors shall constitute a
, quorum for the transaction Of all bust
ness. Said board may adopt code of by
laws and amend % change the same al
their discretion.
ARTICLE VIII-This charter may be
amended in all particulars as provided by
law and the corporation may be dissolved
by complying with the legal provisions on
that subject. In the event of voluntary
liquidation, the Stockholders shall select
from their number two liquidators, who
shall be vested with full power to settle
its affairs by the sale of its assets and pay
ment of it's obligations.
| ARTICLE IX-NO stakeholder shall be
held liable for the contracts or faults of
the corporation or of its officers or agents
, beyond any unpaid balance that may be
due by him on his stock subscriptions
nor shah any mere informality in this
act render this charter void or expose the
| stockholders to any personal liability be-
| yOHd the amount of his stock subscription
| In case any stakeholder desires to sell his
| stock in this corporation, he must nrSt
offer it to the other incorpOrators at the
value he can obtain for it elsewhere, and
he can only sell upon refusal of the other
incOrporatOrs to buy him out at the price
offered to the incOrpOrators.
Thus done and passed in my office al
, the City of New Orleans on the date
|
and w. Il. GuiOn, competent witnesses
who hereuntO sign with said appearer'
and me, notary, after due reading.
Witnesses G. =. Hebert, W. y. Guion.
Raphael. f. Folse, 80 shares; +. law
. renee Hecker, 80 shares; Edwah j
Schneider, 80 shares,
ALIENS BRIAN,
, Notary Public
hereby certify that the foregoing ac
= of incorporation of the Auto Motive Ser
5 vice Company, Inc.", was this day dul!
recorded in the Mortgage Office Of tn
= Parish of Orleans in Book 1868, Folio -
New Orleans, September 23rd, 1921.
(Signed) ROBT. SCOTT,
Deputy Recorder
. A true copy Of the original act and o.
the certificate of the Deputy Records
: thereto attached.
New Orleans, September 23rd, 1921.
: ALIENS BRIAN,
Notary Public
= Sept. 29-Nov. 3.