The herald. [volume] (New Orleans, La.) 1905-1953, 1921-06-16
CHARTER.
CHARTER OF THE
COMMERCIAL GARAGE CO., INC.


United States of America. State of Louis
lana, Parish Of Orleans. City of New Or
leans; Be IL known, that on this 2ith
day OF the month Of May, in the year OF
our Lord, one thousand nine hundred
and twenty -one. and of the Independence
of the United States Of America the one
hundred and forty fifth before me, Ben
jamin Y. Wolf, a notary public, duly COM
missioned and qualified In and for the par
fish Of Orleans, and in the presence OF the
witnesses hereinafter named and undersign-
ed. personally came and appeared. thepar-
ties whose names are hereunto subscribed,
all of full age, who declare mat, aNaliinS
themselves of the laws of this State reia-
tive to the formation Of corporations tney
have covenanted and agreed, and by these
presents, covenant and agree and BIND
themselves, as well as such other persons,
as may hereafter become associated Win
them, to form and constitute corpora
ton and body polite in law for the pur-
poses and objects and under the stipu-
iations and articles following, to-wit:
ARTICLE 1.-The name of this corpor-
alton shall be COMMERCIAL GARAGE
CO., INC.
ARTICLE 1.-THE objects and pur-
poses of this corporation and the nature
OF the business to be carried on by IL are
declared to be: To manufacture, buy sell,
exchange, lease, deal in, store ana repair
automobiles, motor trucks, motor boats
and vehicles of every kind and descrlp-
tiOn propelled Dy EdSohut, SoS
steam, compressed air or other motor
power, and all tops. bodies. supplies
accessories and appurtenances toi
automobiles, motor vehicles ana motor
boats. incidental thereto or used IN con
nection Herewith; to co'tiuct gasoline
supply stations, to buy and sell gasoline
and oil of any nature and KIND whatso-
ever. to cpnduct garages for the storage
repair and maintenance of automobiles
motor trucks and motor vehicles OF every
Ind 70 LEASE
or otherwise acquire and to register, hold
own and use any and all trademarks
trade secrets, processes, formulae, inyen
lions and improvements. capable of beins
used In connection with the work of th'
Company. whether secured under letters
pateptu.ip these United States. or else
y otherwise; and to use, operat
facture under the same, and Il
IN, grant licenses in respect o.
Wise dispose of and turn the SAM
account and profit of the company
ID generally to do and engage in an.
bther business or enterprise connected
with growing out Of germane or in
cidental to any of the purposes hereiI
above set. put or contemplated by thi
charter.
ARTICLE III-The capitaf stocS
the said corporation shall be Ten Thou
sand Dollars, divided into and represente'
by one hundred shares of the sum of on
Hundred Dollars each. payable in casf
property or for services rendered. TIL
capital stock may be increased to fit
thousand dollars.
The corporation shall commence dom
business as soon as Five Thousand Dol
lars of the capital stock shall have bee
subscribed and Twenty five Hundred Do
lars Of said amount so subscribed, sha
have been paid for.
Any stakeholder may sell. assign 9
transfer his stock in this corporation
provided thirty days notice of such In
tention to sell, assign or transfer th
same be given the company, and the othe
stockholders shall have the first priyil
eye of purchasing the same. at book yalu,
after which thirty days notice. the sal
stock may be sold in the open marke