The herald. [volume] (New Orleans, La.) 1905-1953, 1921-02-24
CHARTER OF THE HUB AUTO COM
PANY, INCORPORATED.

United States of America, state OF Lou
isiana City of New Orleans, Parish OF Ut
leans Re IL known That on this eleventh |
day of the month of January, IN the yea.
| of our Lord, one thousand nine hundred
and twenty one: and OF tne lnuepe he nne
hundred and forty fifth, before me, FRED |
erick Diebel. notary puonc, duiy conn
missiOned and qualified In and Tor the lily
| of New Orleans. State of Louisiana, Far-
| ish of Orleans, therein residing, and In the
| presence of the witnesses hereinafter
| named and undersigned, personally came
| and appeared the several persons WHOSE
names are hereunte subscribed, all OF
whom are above the age OF majority, anu
| residents of this city and State, VINO ald
severally declare, that, awaiting themseN tn
such cases made and provided, ana par
ticuIarly Act No. 26I of the Legislative
session Of the year 1914, relative 10 tne
| formation and organization of corpora,
i tions, they have severally covenanted and
agreed and by these presents do hereby
seyerally covenant and agree and blnd
themselves and their successors and as Wen
as those who NAV hereafter become asso-
ciated with them, to form and constitute
a corporation or body polite In law Ior
the objects and purposes ana unaer tne
conditions and stipulations following, TO-
: wit:
ARTICLE 1.-The name and style OF
this corporation shall be the HUB auto
Company, Incorporated. and under its cor
poration name, 1t shall have and enjoy
succession and existence for a period OF
, nety-nine years from date hereof, unless
sooner dissolved. 1t shall have, ENJOY ana
possess all the rights, PRIVILEGES anu I'M
munities now granted to corporations un-
, der the laws of this State now existing or
which may hereafter be granted by law 10
corporations, and under It's corporate mann y.
/, IL shall have the power and authority 10
! contract to sue and be sued, to make ana
use a corporation seal and the same 10
break and alter at pleasure; TO ACQUIRE
; by purchase, to receive, to hold, TO sell,
TO convey, to mortgage. to hypothecate ana
TO pIedge property, both real and personal
: TO issue notes. bonds and other obligations,
and to make and enact ana e snp the eor
b porate management and control OF the al,
e fairs of the corporation as may De oeeheu
necessary and expedient.
Q ARTICLE 1.-THE domieile OF this cor
8 marathon shall be in the City Of New Or
e leans State of Louisiana, and all citaIons
and other legal process shall pc served
upon the President, and In the absence OF
I. and. in the absence Of the Vice Prsei
dAnt. upon the Secretary Treasurer
and. in the absence or inability to act o.
all three officers, service shaIi De maoe AZ
P the manner prescribed by law.
X ARTICLE II.-The object and purposes
h for which this corporation shall be organ
lied and the nature OF the business 20 ~ ~
al carried on by 1t are hereby declared =
he TO carry on q general automobile Dusi
ness: to purchase and sell, both as primer
pals and agents, automobiles. new ana sec
ond hand. and such other vehicles or mean
of transportation that may ner escessories
IL tires and parts thereof; to operate gaso
Iine-oiI filling station for the sale OF case
g line and lubricating oils ana kerosene, :
., repair automobiles, vehicles and transpor
y tafiou devices Of every nature, characte
ad and description. To do and perform u
no short everything necessary ana lncioents
nS m the operation of the business herei
IA stated. 10 operate a livery business Q
~ automobiles for hire.
ns1 ARTICLE Iv.-The capital stock OF tn
nd corporation is hereby fixed at the sum {
es FIVE thousand ($5.OOo.ool dollars , atvaue
ey one hundred dollars each, all OF wnic
by shall be common stock. The amount =
CHI which the capital may hereafter aft sn be II
DIV twenty-6ye thousand $25.0OO.OO) dollar
1r- The stock may be issued only Tor casn,
tn in payment of property received, OF sea
cir ices actually rendered to said corporatiy,
said stock shall be fully paid for at Il
"a. time of it's issuance and shall tnereat =
hls be nom assessable. This corporation s en-,
IN commence to do business as soon as III,
oy per cent Of the capital stock shall ha'
a been subscribed. and fifty per cent tnere
ate shall have been paid in and this act OF y
ow corporation recorded and published accor
NJ ing to law and a certificate oDtalneo ITO
IN the Secretary of State authorizing IL TO
"a "a business; the remainder OF the stoch
De subscribed shall be paid in before the e
ss piration Of one year from the aa.e he sto,
shall be issued and paid for subject
us .ne "Ss.v s,n.ahIy With the existing como
laIl lions of the law relating thereto. !
fty transfer of stock shall be binding upon u
one corporation unless made upon its pooi
ooA and all certificates of stock shaii De sgn
IT,. Inv such officers as may be designated
teo the Board of Directors in conformity WI
~ law.
ns. ARTICLE v-An the powers of this g
OK lporation shall be vested in ana tne ma
. 70 exercised by a Board of Directors co
: q | posed of three stockholders. Said DIR
uch tors shall be bona fide stockholders a
nch shall each own at all times not less Tn
the one full paid unpiedged share of sto'
,ase The following named subscribers sh
! Of compose the first Board Of pirectol
ady Diamond q. Wei, fresioen.; Tna"srr
Of A j. LIE Boeuf, Secretary. The. aos