The herald. [volume] (New Orleans, La.) 1905-1953, 1921-06-16
NEW ORLEANS NASH MOTOR Co"'
PANY, INC.

I-,itod States of America, State OF Lou
isiana. Parish of Orleans De II T,re
that on this LIST day of the mohth Oi I"
I'm the wear of our Lord, one thousanu
~ hn1dr.d and twenty one. before me-
Watts X. Leverich a Notary Pubic III anu
for the Parish of Orleans state Oh it.iaJ
lana. duly commissioned ana quaittl 49,
and In the presence OF the "ltneso ,,,oiIy
came and appeared the several PEI Soii
whose names are hereunto suDscrIDeu, az
of the full age of majority VINO utI ,ians
that ayailing themselves OF tne ProtIoi .t
of tho laws of this State relative 10 the
orpanization of corporations, they neIeo!
form themselves into and constitute d
cornoration for the following purposes
and under the stipulations hereinafter Se'
forth:
ARTICLE 1.-The name OF TINS corpor-
alton shall be New Orleans Nash holOr
Company Inc. and under ITS salu vi
morale name shall enjoy succession iOL
| the full term and period OF nlhety nm
| 1897 years from and after the GATE neIeoi,
and shall have power ana aulhoInS 70
| contract she and be sued; to accept
| and receive mortgages. pledges OF otnei
| hypOthecations; TO make and use coI
! pOrate seal and the same TO break anu
| alter at pleasure; TO purchase -
! lease. hold or otherwise acquire ana CON
yey. as we'll as mortgage and hypothecate
under its corporate name. property potn
| real and personal and mixed; 10 borrow
/ money and make ana issue pouuo .i n
! other evidences of debt, and to secure lhe
| same by mortgage or otherwise 10 Name
and appoint such managers ana director ;,
| Officers and agents, as the interest "nu
| convenience of said corporation ma! -
J uuirp. and to make and establish, as wen
AS alter and amend at pleasure, such D.!
laws rules and regulations fer the man
agement and regulation of the affairs OF
! the corporation as may be necessary, prop
| er or convenient.
ARTICLE 1.-THE domicile of this cor
| poratiOn shall be in the City OF New UT
leans Louisiana and all citations or other
| legal process shall be served upon th'
president of the corporation, or IN nj
absence upon the Secretary, or In Ms
absence on the Treasurer.
! ARTICLE IU.-The objects and pur
poses for which this corporation Is es
tablished and the nature of the business
| to be carried on by ii are declared ana
specified to be to buy, sell, or otherwise
acquire. ALLEVIATE and handle; 10 uea
in operate for hire, or contract for the
operation Of lease. store and repair ma
chinery of all kinds automobile and mo
tor or self propelled vehicles of all de
| scriptions and their parts ana accessorie'
| and supplies therefor and appurtenance'
! thereto, including trailers. tractors ant
similar equipment for its own account anC
| as agent for others: to operate automo
| biles carriages and to manufacture anC
assemble machinery of all kinds; auto
Supplies. accessories and appurtenance'
therefor; to own. operate. repair, lease
store and deal in auto trucks, farm trucks
and self-propelled farm implements of al
character including road building ma
chinery; to build. operate and contrac
for roads of all kinds; to do a genera
engineering and efficiency expert and con
tracing and construction business, ant
to engage in all businesses incidental u
the purposes stated.
ADrrIrI oapitol stock of thi
corporation is hereby fixed at One Hun
dred Thousand Dollars (S1OO,OOOOOl oil
vided into and represented by One Thous
and 10000 shares of the par value OF On,
Hundred Dollars ($100OO) each, whicl
shall be paid for in cash, or may be issuet
at not less than par, for property actual!
received or services actually rendered 4
the corporation. The capital stock ma,
Thousand Dollars $500 OO00o). All stocl
shall be transferable only upon the book
of the Company and in accordance witt
its bylaws and regulations.
ARTICLE VAN the powers of this cor
poration shall be vested in and exercise,
by Board composed of not less thai
three nor more than seven directors, VIII
shall elect from their number president
vice-president, secretary and treas
urer. The said Board of Directors shall
be elected annually on the third Monda!
in January Of each year. the first election
to be held in the year 1922. All such cleo
tions shall be by ballot, at the office o
the corporation. Notice of annual meet
ings. well as of special meetings o
stockholders, shall be given by writtel
notice mailed fifteen days in advance o
the date fixed for such meeting, to eacl
stakeholder appearing such on tn
books of the company, at his last desig
mated address. Each shareholder is en-
titled to one vote for each share of stool
standing in his name on the books Of tn
company, said vote to be cast in person
or by proxy, and the majority of tn
votes cast shall elect. The Board of Di
rectors shall have the power to fill al
vacancies which may occur on the Board
even though no quorum remain at the tim
such vacancies are to be filled. Fsilur
to elect directors on the day above spec
flied shall not dissolve the corporation
but the directors then in office shall re
main in office until their successors ar
elected. The directors may elect sue
, other officers as they deem necessary o
convenient for the carrying on of the com
pany's business, and shall have power L
unite two or more Offices and to confer tn
same upon one person, or to dispense witt
. any office in its discretion.
The Board Of Directors shall also hav
power to make and establish as we'll a
alter and amend, all bylaws, rules an
| regulations necessary and proper for tn
support and management of the affair
and business of the corporation, and no