The herald., 1921-11-10
CHARTER.

shall first have offered for sale to the
stockholders and owners then holdingand
owning the balance Of the stock OF inns
corporation the stock which tn" SAID
stockholders and owners then holding and
offer must be in writing and Tor term
Of thirty days addressed to this corpora
ton and to the stockholders of record
upon the stock ledger or stock books ana
records.
II is further conditioned as condition
precedent to any sale that the offer for
sale of such stock shall be mt price not
exceeding the book value OF such StockS
AS shown by the books of the corporation
mt the time of its inception, If offered
within one year, or as shown by the books
of the corporation at the next preceding
annual meeting, if offered after An annual
meeting, and at which price and for SAID
term any or all of the existing stock
holders shall be entitled to purchase the
whole or their proportional part thereof
within the said term of thirty days.
These provisions and conditions as to
sale, transfer, resale, mortgage. loan, pawn
pledge or hypOthecatOn is agreed to by
all of the subscribers of this corporation
on their own behalf and Oh the behalf of
their heirs. assigns and successors, and
is accepted by them as a material prOvi-
sion and condition of the subscription of
the stock in this corporation.
ARTICLE V-No stakeholder of this
corporation shall ever be held liable or
responsible for the faults or contracts of
this corporation in any further sum than
the unpaid balance due the corporation on
the shares subscribed by him. nor shall
any mere informality in the organization
of this corporation have the effect OF rem
dcring this charter null or exposing "A
stakeholder or subscriber to any Liability
beyond the amount unpaid upon his
stock.
ARTICLE yI-The dOmicilp Of this cor.
poration shall be in the City of New Or
leans. State of Louisiana, and all citation
or other legal process shall be served on
the president of this corporation. or in
his absence on any other officer or agent
now authorized by law to receive service
ARTICLE VII-This corporation shall
exist for term of ninety-nine years un
less liquidated prior thereto as presently
provided by Act 267 of the State of Lou
isiana of the year 1914.
ARTICLE VIII-An corporation powers
| of this corporation shall be exercised sole
! " by and through a Board of Director!
| to be composed of not less than three
nor more than fifteen stockholders, whlcf
| said directors shall have the right to vote
| in person or by written proxy. The oni
] GERS of the said board shall be presi
dent. vice president and secretary anC
| a treasurer, and more than one Office may
| be held by one member of the Board o.
| Directors.
The officers for the ensuing year shall
| be elected Immediately following the pas
sage of this Act of Incorporation. and
| shall hold office until October l, 1922, ol
| until their successors shall he duly elected
and qualified the annual stakeholder:
meeting of this corporation shall be held
! on the LIST day of October each year, eX
cepting when said day shall be a die
| non, in which event the said meeting shal
1 be held on the next following day. or OF
| such date as may be hereafter determined
| as an adjourned date of said meeting 81
| called. All elections are to be by ballo
and a majority of votes east to elect am
each share of stock to entitle the owne
thereof to one vote, whether in person o
by proxy, and each fractional share u
entitle the owner thereto such fractional
vote as his said fractional share bears U
one whole share.
| ARTICLE IX-All checks shall be signe,
by two officers of this corporation and al
contracts shall be in writing and signe'
by two officers of this corporation.
Thus done and passed in my office Il
the City of New Orleans. State of Louis
lana, on the day and in the month an
year first hereabove written. In the pres
ence of Messrs. John G. HOllingswort
and Irene Hail. both competent witnesse
residing in this city, who have slgne
| their names together with the said partie
and me. notary, after due reading of thes
presents.
| b. Il. Hanemann, 500 Cont Street Ne
Orleans, La. 30 shares, S3,0ooo; Il.
Gottschalk, S27 Union Street, New Orlean
La, 20 shares, S2,O0O.O0; /. III. Stauffe
51I Canal Street, New Orleans, La,
shares. $4,000
witnesses: J. c. Hollingsworth an
) JNO. WAGNER.
Notary Public.
/. the undersigned Recorder of Nor
cages in and for the Parish of Orlean
State of Louisiana. do hereby certify thi
the above and foregoing Act of 1ncOrpo
.. alton of Hanemann Motor Company, In
was this day duly recorded in my offic
book 1853. folio 26O.
J New Orleans. La, September Is. 1921
(Signed) ROBT. SCOTT,
Deputy Recorder of Mortgages.
I. John Wagner a notary public. in al
for the Parish of Orleans. State OF Lo
isiana, do hereby certify that the abo
and foregoing is true and correct cor
of the original Act of Incorporation
: "Hanemann Motor Company, Inc ar
of the certificate of the Recorder of MOI
cages for the Parish Of Orleans. there
) attached the whole extant and of recol
in my current notarial register, in fai
whereof I grant these presents under n
signature and the impress OF my seal
office.
New Orleans, La. October %, 1921 A.
JNO. WAGNER,
Notary Public.
: Nov 10-Dec. Is