The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-01
CHARTER OF CRESCENT CITY GAR
AGE, INC.

United States Of America, State OF Louis
lana, Parish of Orleans, City OF New Or
leans, BE il known, that on this 18th day
of the month of June, in the year OF our
Lord, one thousand, nine hundred and
twenty-one, and Of the Independ, nee Of the
nited States of America, the one hundred
and fOrty-fifth, Before me, William j.
GuSte, a notary public, duly commissioned
and qualified, in and for the above parish
and state, therein residing, aud in the
presence Of the witnesses hereinafter
named and undersigned, personally came
and appeared the several parties whose
names are hereunto subscribed, who sever
ally declared that, availing themselves Of
the laws Of the State of Louisiana. in such
case made and provided, and more par.
tiCularly of Act 267 Of the General Assem-
ply of the State of Louisiana of 1914. rer
lating to the creation, Organization and
formation of corporations, they have
covenanted and agreed. and by these pres
ents do hereby covenant, agree and bind
them selves, as well as all other persons as
may hereafter become associated with
them, to form a corporation for the OBJ
jects and purposes under the articles and
Stipulations following. which they hereby
adopt az their charter. tO-wit:
ARTICLE THE name and title Of this
corporation shall be Crescent City Garage
Inc, and under its corporate name it shall
have power and authority TO have and en-
joy corporate existence for a period Of
ninety nine years from date hereof. unless
sooner dissolved by liquidation or other.
wise. 1t shall have power to contract. TO
sue and be sued; to make and use y cor
pOrate seal and to alter and break the
same at pleasure; TO hold, receive. lease
purchase. transfer, assign. mortgage hy-
pothecate. pledge or otherwise dispose of
property, real personal or mixed. cOrpO-
real and incorporeal: to issue bonds and.
il desired. to secure same by mortgage:
to hold stocks in other companies: TO
make and elect officers and directors: to
make and establish, alter and amend by
laws, rules and regulations for its proper
government. as may be deemed necessary
and proper for the extension OF the bust.
ness in which the corporation is engaged.
ARTICLE 1.-THE dOmicile Of this cor
poratiOn shall be in the City of New Or
leans. State Of Louisiana: and service OF
process shall he made upon the president
or. In his absence, upon vice-president.
ARTICLE III-The objects and purposes
for which this corporation is organized
and created, and the nature of the bust
ness to be carried on by it are declared TO
be as follows:
To conduct general business of a gar
age; to deal in. buy, sell, exchange. mort
gage automobiles or vehicles of any ma
ture whatsoever, used or new, and the
parts thereof. To buy, SELL and, in gene
raj. to deal in fuel oils. lubricating oils
mechanical and electrical apparatus ac.
cessories. accOutrements or furnishings OF
incidental to the manufacture upkeep or
propulsion of automobiles or vehicles of
any nature whatsoever. To wash, store.
paint, upholster, embellish, or in general
automobiles or vehicles of any nature
whatsoever. To construct, establish
and conduct any plants or workshops,
warehouses or storerooms. which may
be necessary for properly prosecuting
such business, and, generally, to do and
perform all things pertaining and inciden-
tai to the carrying out and proper execu-
ton Of the objects and purposes herein
above mentioned.
ARTICLE Iv-The capital stock of this
corporation is hereby fixed at the sum
of eight thousand (sS,OOO.OO) dollars and
al be divided into and represented by
the par value of one hundred (s1OOOO)
dollars each.
Said stock shall be paid for in cash. or
by property, or services actually rendered
TO the corporation. or other equivalent OF
cash as provided by law. and IN such man.
Per and at such time AMI in such install.
ments as may be prescribed by the board
of directors.
This corporation shall become a going
concern and shall be authorized to COM
mence business as soon as fifty 500 per
cent OF its capital stock shall have been
subscribed. and fifty (JO) per cent of all
stock subscribed for shall in fact have
been paid for, either in cash or its equiva-
lent
ARTICLE V-The capital stock of this
corporation may be increased to the sum
OF fifteen thousand (s15.OO0.O0) dollars.
by vote Of two thirds of all the stock pres
ent or represented at a special meeting
allied for that purpose, or at a regular
annual meeting of the corporation.
ARTICLE Wal certificates of stock
issued by this corporation shall be signed
ana counter signed by the president and
treasurer.
The stock Of this corporation can be
transferred only on the books of the cor
poratlon. and subject to such regulations
ana formalities as may be by the board
or directors from time to time prescribed
No stakeholder shall be permitted to sell
or otherwise dispose of his stock without
'rSt Offering the same in writing to the
other stockholders through the board of
directors. at price not exceeding the book
value thereof; and said stockholders. IN
proportion to their holdings, shall have an