The herald., 1921-03-10
CHARTER OF THE HUB AUTO COM
PANY, INCORPORATED.

United States of America, State of Lou
isiana, City of New Orleans Parlsh Oh vi
leans Be IL known, That on tins eleventh
day of the month of January, i'll the yea.
of our Lord, one thousand nine huhureu
and twenty-one, and of the Independence
of the United states OF america ,n shg Fr 1d
erick Diebel n notary pubic, duiy CON-
missioned and qualified in and for the Sly
of New Orleans, State of Louisiana, rar-
| ish of Orleans, therein residing, ana III s tne
presence of the witnesses hereinafter
named and undersigned, personally came
and appeared the several persons wnoss
names are hereunto subscrlpeu; an "a
| whom are above the age OF majority, anu
| residents of this city and state, VINO , alu
severally declare, that, availing themselves
/ of the laws of the State OF Louisiana, IN
| ticnlariy Act No. 267 of the Legislative
| session Of the year 19l4, relative 70 ,ne
| formation and organization OF coLpo,aa
tons, they have seyeraliy covehah'1u anu
| agreed and by these presents do hereby
| seyerally covenant and agree anu pInu
thenis selves and their successors ana as wen
as those who may hereafter become asso-
ciated with them, to form ana cohsti'S so.
| a cornoration or body polite in law Tor
the objects and purposes ana unaer the
conditions and stipulations following TO-
wit:
ARTICLE 1.-The name and style OF
this CORPORATION shall be the Hub Auto
| Company Incorporated, and under It's cor
poration name, it shall have ana ENJOY
succession and existence for a perlod OF
ninety mine years from date hereof unless
sooner dissolved. 1t shall have, enjoy ana
| possess all the rights, privileges anu I'M
| munities now granted TO corporauons un
der the laws of this State now eXlst,ng OF OF
which NAV hereafter be granted Dy law ~
J corporations and under Its corporate haine
i, II shall have the power and authority 20
! contract, to sue and be sued, 10 make an. !.
use a corporation seal anu the sa nn,,;r ~
: break, and alter at pleasure; 10 acquiIIts
by purchase, to receive, to hoid, 10 sen
: TO convey, to mortgage. to hypothecate ano
: TO pledge property, both real and personal
to issue notes. bonds and other oDngatlons
and 70 make and enact and enforce sucf
n bylaws, rules and regulations ior tne CUT 3
h Dorate management and control OF the az
e fairs of the corporation as may De ueeine'
necessary and expedient.
ARTICLE 1.-THE domicile of this cor
$ boration shall be in the City OF New VI
leans, State of Louisiana, and al eitatnon
and other legal process shall De ser'e'
the President, upon the Vice President
and IN the absence of the vice frsel
dAnt upon the Secretary Treasurer
and in the absence or inability nnm TO made aSe I
p the manner prescribed by law.
k ARTICLE III-The object and purpose
h for which this corporation shali De oTsah
lied and the nature of the business 10 =
al carried on by 1t are hereby ue6a.ebH us
he TO carry on q general automoDne pus
i ness: to purchase and sell, both as prime
pals and agents, automobiles, new anu ses
ond hand, and such other vehicles or mean
lat TRANSFORMATION that may hereafter SUI
nlont the automobile including accessorie
IF tires and parts thereof; to operate gus
iine-oil filling station for the sale OF gas,
g line and lubricating oils ana ksro eens,o
~ tafiou devices of every nature, cnarac,
al and description. To do and periorlm
ha short everything necessary ana inci u
nd to the operation OF tn evs Iusi busipess
"a stated. To operate a nVery pusine'
Nv automobiles for hire.
ms ARTICLE Iv.-The capital stock OF tn
nd CORPORATION is hereby fixed az the sun,
-es Ave thousand (S5,0O0.0Ol dollars, divld
ey one hundred dollars each. all Of whi
by shall be common stock. Inc anount
eli which the capital may hereafter De
ed creased is hereby hxed at tn ne, sun an1,o
DIV twenty-fv thousand C$25OO0oOl doiial
lr- The stock may be issued only TOT casn,
tn In payment of property received, or ser
cir lees actually rendered to said corporaue
Said stock shall be July pa pau it tberaafi
his he nom assessable. This corporation 81
In commence to do business as soon as III
Joy per cent of the capital stock snail Ia
a been subscribed, and fifty per cent ther,
ate shall have been paid In and TINS act Oh
ow CORPORATION recorded and published accol
nj ing te law and certificate obtained ir'
,ni the Secretary OF state auenSri iii vtocS
ia business; the remainder OF the stock
De subscribed shall be paid in before tne ne
the piration of one year from the date mere
esi- and the residue of the undisposed ST.
shall be issued and paid for subJec,.
his the action and call of the Board OF DIT
us, tors conformably with the existing con
lall tions of the law relating thereto. !.
lly transfer of stock shall be blndlng UPON :
one CORPORATION unless made upon IT'S DOC
oek and ali certificates of stock shall be sigI
TO- nv such officers as may be designated
TED the Board of Directors in conformity
"a law.
nj ARTICLE v-Al1 the powers OF TINS
ne | noration shall be vested in and the m
M aeemeut and control of its affairs shall
70 exercised by a Board of Directors 6.
? n posed of three stockholders. Saiu III,
noh Tors shall be bona fide stockholders,
uch shall each own at all times not less 9
ths one full paid unpledged share OF ST,
,ase The following named subscripess y
81 compose the first Board OF Directt
az Darmond f. We'll, President; Albert
hois Gershner, Vice President and Treasll
Of A. J.. LIE Boeuf. Secretary The az