The herald. [volume] (New Orleans, La.) 1905-1953, 1921-12-08

hlEhE. M.
United States OF America, State of Lou
isiana, Parish of Orleans. City of New
Orleans, BE it known, that on this day
of November, in the year one thousand,
nine hundred and twenty-one. before
me Jones I. PrOwell a notary public In
and for this city and the Parish of Or
leans, State Of Louisiana therein resid.
ing, duly commissioned and qualified, and
in the presence of the witnesses herein
after named and undersigned. personally
came and appeared, the several persons
whose names are hereunto subscribed.
who declared to me, notary. that availing
them selves of the provisions Of the laws
Of this state relative to the organization
Of corporations, and particularly to Act
No. 267 of 1914, they have covenated and
agreed. and by these presents do cove.
nant and agree for themselves, their sue
cessOrs and assigns, to form themselves
into a corporation and body polite, for
the objects and purposes, and under the
stipulations hereinafter set forth. to-wit
ARTICLE 1.-The name and title OF
this corporation shall be Michon & Later
riere, Inc, and under such, title 1t shall
have and enjoy succession and existenes
for period of ninety-nine years from
the date hereof. unless sooner dissolved
is shall have power and authority to con-
tract sue and be sued; to make and use
a corporate seal. the same to break and
alter at pleasure; to have. hold, buy. sell
lease, mortgage and hypOthecate or pledge
property, real, personal or mixed, neces-
sary. proper or incidental for the carry
ing on of its business as we'll AS to issue
bonds or notes secured by such mort
cages; to make and issue notes and Other
certificates of indebtedness; to name
elect and appoint managers, directors
| clerks and other employees to properly
conduct its corporate business; TO max,
| such bylaws, rules and regulations n:
ma In rola Ia IN
the management of its business and af
fairs; and. generally, to do every othel
act matter or thing necessary or desir
| able for the complete and the proper car
rying out of said business, both in thu
State of Louisiana and elsewhere.
| ARTICLE 1.-THE dOmicile of thi,
corporation shall be In the City of New
Orleans, Parish of Orleans, State Of Lou
| isiana, where all citations or other lega
process shall be served upon the Presi
dent, or in his absence on the Vice-Pres
| ident. and in the absence of both on th'
Secretary.
ARTICLE III.-The objects and pur
poses for which this corporation is or
gained and the nature of the business
to be carried on by IL are hereby de
| clared and stated to be: The WHOLESALE
and retail buying and selling Of automo
| cies and kinds of machinery, both new
! and secondhand, on commission. con
| signment and otherwise; to do n genera
| garage and automobile business: to d'
the general repairing of automobiles. mo
| tor boats. and all species and kinds
machinery; to store all kinds of automo
biles, motor boats, and all kinds and spe
cies Of machinery, for itself and Others
| and to make reasonable charges for ser
vices In storage OF said automobiles. moto
boats and machinery; to act as manufac
turer's agent and receive and sell automo
biles. motor boats and all other kinds AM
| species of machinery; to acquire and owl
| stock In other corporations; and. gener
ally to do and perform any and all thing
necessary or convenient to carry out salt
| affects and purposes, in the State
Louisiana and elsewhere.
| ARTICLE Iv.-The capital stock o
this corporation is hereby fixed at Tween
ty Thousand Dollars ESQ. 900 .O0), divide'
into two hundred shares t20O Of the pa
value Of One Hundred Dollars (SlO0OO
each provided, that the amount to whic
| the capital stock of this corporation ma
be increased shall be One Hundred Thou
sand Dollars (s100.0o00O, or one thou
sand shares $1,000.
| One hundred shares (100). or Ten Thou
snad Dollars (s10000.OO) of the capita
stock Of this corporation must be SUP
scribed before the fling of the articles o
Incorporation. The subscribed capita
stock Of this corporation shall be pay
able In cash, property (real or PERSONAL
good Will. or for labor and services rem
dered and performed.
| No stakeholder shall ever be held lapi
or responsible for the faults. contracts o
debts of this corporation In any furthe
sum than the unpaid balance due the cor
pOration on the shares OF stock SUP
subscribed BY him, nor shall any mere IN
fcfnality in organization have the enec
OF rendering this charter null. or OF es
posing any shareholder to any hadn't
whatsoever.
i This corporation shall not engage !
business until One Hundred shares tlVl
or Ten Thousand Dollars (S1OOOoOOl
the capital stock shall have been issue
and paid in, in cash, property or goo
will. If any stock of this corporation
exchanged, either in whole or In part, 10
property or good will. In that event IN
provisions of Section Of Act 267 OF isi