The herald., 1921-10-06
CHARTER OF THE AUTO MOTIVE
SERVICE COMPANY. INC.

CHARTER OF THE AUTO MOTIVE
SERVICE COMPANY. INC.
United States of America State OF Louis
lama. Parish Of Orleans, city Of New Or
.cau>, BE IL known. that on this twenty
third day of September. nineteen hundred
ana twenty one. before me. Alexis Brian.
Il notary public in and for the Parish Of
Orleans. State of Louisiana, personally
came and appeared the persons whose
names are hercuntO subscribed, who de
clarrd to me, notary, in presence of the
subscribing witnesses, that they desired to
organize themselves and such other per
sons as may hereafter join with them and
! their successors, into corporation under
Louisiana laws, and that they accordingly
adopt thc following a. their act OF incor-
/ poTdtiOn, tO-wit:
ARTICLE The name Of this corpora
I ton shall be the Auto Motive Service
/ Company. Inc. II shall exist for ninety
min" years from this date, unless sooner
+ dissolved. Its dOmicile shall be i'll New
/ orleans, Louisiana, where all legal process
shall ur served on it through its president,
or in his absence through Its secretary.
/ ARTICLE II Said corporation may
/ have. hold, lease, purchase, sell, mortgage
I or pledge property Of any kind, IT may
J borrow or lend money upon security and
I endorse for other persons or corporations;
/ II may sue aud be- sued and may have and
/ use corporate seal 1t may have all
such other rights and powers as are now
/ or may hereafter be enjoyed by similar
/ corporations organized under the laws OF
/ this state.
ARTICLE Iu-The objects and pur-
poses for which this corporation is or
| gained and the nature of the business to
be carried on by ii are hereby declared to
be-: To teach and train auto mechanics by
and through an auto school. to buy, sell.
repair, make, trade in and furnish service
ana accessories to automobiles and genGr-
ally TO do any and al! things that may be
| necessary or convenient 10 the carrying
/ on of these purposes.
ARTICLE " The capital stock of
/ this corporation is hereby fixed at nine
thousand dollars $4,000, divided into
ana represented by ninety 600 shares
| of stock of the par value of one hundred
dollars (SlOOD each. Said ninety shares are
. full paid and are are paid as follows: The
property furnished being accepted by the
, iuCOrporatOrs at the values stated: Raphael
J. FOl,e, +. Lawrence Hecker, and Edward
j. Schneider, own all the property, rights
and credits of the FOlsetHccker Auto
| Tractor School, the Detroit Electric Auto
shop and equity in lots i'll Carrollton Ave
nue. all valued at $1,000, which they have
turned into this corporation in payment of
the capital stock of the inCOrpOratOrs
/ namely: TO Raphael J. FOlsp, 5000 of Capi-
tai stock; to +. Lawrence Hecker, $1,000 of
capital stock, to Edward j. Schneider
$1,000 of capital stock.
ARTICLE V-The business and affairs
of this corporation shall be managed and
conducted by a board of directors con
SiStiug of three CkholdcrS. Raphael J
FolSe. L. Lawrence Hecker, and Edward
j. Schneider, all of New Orleans shall
constitute the first board of directors
They shall hold office until the second
Monday in January, 1923, OF until thrir
SUCCESSORS shall be elected and qualified
On the second Monday in January, 1923
and annually thereafter an election fol-
directors shall be- held ut the office of the
corporation, after notices shall have beeI
given to all stockholders by mail at least
. ten days prior thereto At all elections
stockholders shall be allowed one vote fol
each share of stock standing in his name
on the books of the company. In case vi
Il vacancy on the board of directors ol
officers, il shall be filled by the remain
ing directors from among the stockholders
for the remainder of the term Of the direc.
tor or officer whose vacancy is 50 filled.
ARTICLE VI-.The officers of this cor
poratiOn shall consist of a president, sec
rotary and treasurer. The board OF direc.
| tors may, i'll its discretion, create tn,
office of vice-preSident. The Offices of sec
rotary and treasurer may be held by the
same person. Until the second Monday OF
January, 1923, or until their successors are
elected, Mr.. Raphael j. FOlse shall b'
president; Mr.. Edward j. Schneider, sec
rotary and Mr.. +. Lawrence Hecker, treas
urer. On the second Monday in January
I -
| rectOrs, and annually thereafter, the board
| of directors elected at such annual meet
ing shall select from their own number
the president and secretary and treasurer
ARTICLE VII-Three members of the
| board of directors shall constitute
quorum for the transaction Of all bust
ness. Said board may adopt a code of by
laws and amend or change the same al
| their discretion.
| ARTICLE VIII-This charter may bt
amended in all particulars as provided by
law, and the corporation may be dissolved
by complying with the legal provisions Oh
that subjeCt In the event of a voluntary
liquidation, the stockholders shall select
from their number, two HquIdators, VINO
, shall be vested with full power TO settle
its affairs by the sale of its assets and pay
ment of its obligations.
| ARTICLE IX-No stakeholder shall be
held liable for the contracts or faults OF
the corporation or of its officers or agents
beyond any unpaid balance that may be
due by him on his stock subscriptions
nor shall any mere informality in this
act render this charter void or expose the
stockholders TO any personal liability be
yOGd the amount of his stock subscription
= | In case any stakeholder desires to sell his
stock in this corporation, he must first
offer il to the other incOrporators at tn,
value he can obtain for 1t elsewhere. and
he can only sell upon refusal OF the Other
? IncOTpOratOrs to buy him out at the price
offered to the incOrporatOrs.
} Thus done and passed in my office a
, the City of New Orleans, on the dat
above written, in presence Of c. S. Heber
and W. Il. Guion, competent witnesses
who hereunto sign with said appearer
and me, notary, after due reading.
Witnesses: c. S. IIebert. W. u. GuiOn.
Raphael F. Folse 80 shares; F. Law
renee Hecker, 80 shares; EdwaN
To- ~ INV '' " ALEXIS BRIAN.
Notary Public
! | hereby certify that the foregoing &C
: of incorporation of the Auto Motive Ser
vice Company, Inc, was this day dUl.
recorded in the Mortgage Office of tn
@ Parish Of Orleans, in Book 1858, Folio -
New Orleans, September 23rd, 1921.
(Signed) ROBT. SCOTT,
2 Deputy Recorder
: \ true copy of the original act and o
the certificate Of the Deputy RecOrde
10 thereto attached.
New Orleans, September 23rd, 1921.
n ALIENS BRIAN,
Notary Public
: Sept. 29-NOv. 3.
y