The herald., 1921-12-22


United States OF America, State Of Lou
isiana, Parish of Orleans, City of New
Orleans, BE it known, that on this day
Of November, in the year one thousand,
nine hundred and twenty one, before
me Jones L. Prowell a notary public In
and for this city and the Parish of Or
leans, State Of Louisiana therein resid'
ing, duly commissioned and qualified, and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared, the several persons
whose names are hereunto subscribed
who declared to me, notary, that availing
themselves of the provisions OF the laws
of this state relative to the organization
of corporations, and particularly to Act
No. 267 of 1914, they have coyenated and
agreed, and by these presents do cove
nant and agree for themselves, their sue
cessors and assigns, to form themselves
into a corporation and body polite, for
the objects and purposes, and under the
stipulations hereinafter set forth, to-wit ::
ARTICLE 1.-The name and title OF
this corporation shall be Michon X Later
riere, Inc, and under such title 1t snail
| have and enjoy succession and existence
| for a period of ninety nine years from
| the date hereof, unless sooner dissolved
| is shall have power and authority to con-
| tract, sue and be sued; to make and use
n corporate seal, the same to break and
alter at pleasure; to have, hold, buy, sell,
lease. mortgage and hypothecate or pledge
property, real, personal or mixed, neces-
| sary, proper or incidental for the carry
| ing on of its business, as well as 10 issue
| bonds or notes secured by such mort
cages; to make and issue notes and other
certificates of Indebtedness; to name,
elect and appoint managers, directors,
| clerks and other employees to properly
| conduct its corporate business; to plake
such bylaws, rules and regulations as
may be necessary or found desirable for
the management of it's business and az
| fairs; and, generally, to do every other
| act matter or thing necessary or desir-
| able for the complete and the proper car
| rying out Of said business, both In the
State of Louisiana and elsewhere.
ARTICLE 1.-THE domicile Of this
corporation shall be In the City Of New
Orleans, Parish Of Orleans, State Of Lou
isiana where all citations or other lega
process shall be served upon the Presi
dent. or in his absence on the Vice-Prrs
ident, and In the absence OF both on the
Secretary.
| ARTICLE UI-The objects and pur
poses for which this corporation Is or
ganized and the nature of the business
to be carried on by II are hereby de
clared and stated to be: The WHOLESALE
and retail buying and selling OF automo
, biles and motor boats, and all other spe
n cies and kinds OF machinery, both new
, and second hand, on commission, con
signment and otherwise; to do genera
garage and automobile business: to d
: the general repairing Of automobiles. mo
, tor boats, and all species and kinds @
machinery; to store all kinds OF automo
biles motor boats, and all kinds and spe
/, cies Of machinery. for itself and Other'
= and to make reasonable charges Tor SCI
vices in storage Of said automobiles, moto
n boats and machinery; to act as manufa'
= turer's agent and receive and sell autom'
: biIes motor boats and all other kinds an
| ~ n aPnHiFp
!, stock in other corporations; and. gene
: ally to do and perform any and all thinp
q necessary or convenient to carry out sal
= | objects and purposes, In the State
! | Louisiana and elsewhere.
II ARTICLE Iv.-The capital stock
4 this corporation Is hereby fixed at Twei
ty Thousand Dollars ($20.O00.O0), divide
: into two hundred shares (2OO) Of the y;
| value Of One Hundred Dollars SlOO.W
!, each; provided, that the amount to VIII,
n the capital stock OF this corporation ma
=. be increased shall be One Hundred Tho
~ sand Dollars ($1OOOCO.OOD, or one tho
= sand shares 1OO0).
70 One hundred shares 900. or Ten Tho
y. snad Dollars (s10.OO0O0) OF the capt.
stock of this corporation must be SUI
, scribed before the filing OF the articles
! incorporation. The subscribed capt.
10 stock Of this corporation shall be pa
"A able in cash. property (real or persona
.. dered and performed.
~ No stakeholder shall ever be held nat
q or responsible for the faults, contracts
m debts Of this corporation In any furth
~ sum than the unpaid balance due the &C
- marathon on the shares Of stock su
subscribed by him, nor shall any mere
e. fornality in organization have the en-
~ OF rendering this charter null. or OF
rs posing any shareholder to any habiii
n whatsoever.
., This corporation shall not engage
~ business until One Hundred shares On
~. or Ten Thousand Dollars t$1O,OoO.OO)
~ the capital stock shall have been issr
"a and paid I'm. in cash, property or 70
M will. IL any stock Of this corporation
IN exchanged. either in whole or in part,
an. property or good will. In that event
~, provisions Of Section 3 Of Act 26I OF
~. shall be complied with strictly.
No ARTICLE v.-All the corporate pow
g of this corporation shall be vested