The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-14
CHARTER OF THE
COMMERCIAL GARAGE CO., INC.

CHARTER OF THE
COMMERCIAL GARAGE CO., INC.
United States OF America, State of Louis
lana, Parish of Orleans, City of New Or
leans; Be it known, that On this oath
day Of the month OF Nay, in the year of
our Lord, one thousand nine hundred
and twenty-One. and of the Independence
of the United States of America, the one
hundred and forty fifth. before me, Ben
iamiG \. Wolf, a notary public, duly COM
miSsiOned and qualified in and for the par
ish of Orleans, and in the presence of the
witnesses hereinafter named and undersign-
ed, personally came and appeared, thcpar-
ties, whose names are here1nt0 subscribed,
all of full age, who ceclare hat. availing
themselves of the laws of this State rela-
tive to the formation of corporations, they
have cOvenanted and agreed, and by these
presents, covenant and agree and bind
themselves, as well as such other persons,
as may hereafter become associated with
them, to form and constitute a corpora
ton and body polite in law for the pur-
poses and objects and under the stipu-
| latiOnS and articles following, to-wit:
ARTICLE I-The name or this corpor-
alton shall be COMMERCIAL GARAGE
CO., INC.
ARTICLE 1.-THE OBJECTS and pur-
poses of this corporation and the nature
| declared to be: To manufacture, buy sell,
| exchange. lease, deal in. store and repair
| automobiles, motor trucks, motor boats
| and vehicles of every kind and descrip-
ton propelled by electricity, gasoline, gas,
| steam, compressed air or other motor
| power, and all tops, bodies, supplies,
accessories and appurtensnces for
| automobiles, motor vehicles ana motor
| boats, incidental thereto or used in con-
| nection Herewith; to cotduct gasoline
| supply stations, to buy and sell gasoline
| and oil of any nature and kind whatso-
ever. to conduct garages for the storage
| repair and maintenance of automobiles,
! motor trucks and motor vehicles OF every
| kind: to apply for. obtain, purchase, lease
| or otherwise acquire and to register, hold
| own and use any and all trademarks,
| trade secrets, processes, formulae, inven-
| tions and Improvements, capable OF being
used in connection with the work of the
| Company, whether secured under letters
1 patent in these United States, or else
where or otherwise; and to use, operate
| and manufacture under the same, and to
| sell, assign. grant licenses in respect of
| or otherwise dispose Of and turn the same
| to the account and profit of the company
and generally to do and engage in any
| other business or enterprise connected
| with or growing out of. germane or in
/ cidental to any of the purposes herein
| above set, put or contemplated by this
| charter.
ARTICLE III.-The capiIar STOCK of
the said corporation, shall be Ten Thou
sand Dollars, divided into and represented
by one hundred shares Of the sum of one
Hundred Dollars each, payable in cash,
property or for services rendered. The
| capital stock may be increased to fifty
thousand dollars.
The corporation shall commence doing
business as soon as Five Thousand Dol
lars of the capital stock shall have been
subscribed and twenty-five Hundred Dol
lars of said amount SO subscribed. shall
have been paid for.
Any stakeholder may sell, assign or
transfer his stock in this corporation.
provided thirty days notice of such in
! tention to sell, assign or transfer the
same be given the company, and the other
stockholders shall have the first privil-
ege of purchasing the same, at book value,
after which thirty days notice, the said
stock may be sold in the open market
ARTICLE Iv.-The domicile of the said
corporation shall be in the City of New
Orleans, State of Louisiana.
The president, or in his absence, the
vice. president, shall be the proper per-
son upon whom Grafton or other legal
process shall be served.
This corporation unless sooner dissolved
shall exist and continue for the period OF
ninety-nine years from and after the date
| hereof.
All corporate powers shall be vested in
a board of directors composed of four
stockholders. The board of directors may
fill vacancies in their number, however
caused. by election from among the stock
holders.
The first board of directors shall con-
sist of Fred NJ. Mills, who shall be pres
ident, and whose post-office address Is
1929 Baronne Street, New Orleans; DR.
IL. I'll. Page whose post-office address is
1916 Camp Street, and who shah be vice.
president; Ellis Baldwin, who shall be Sec
rotary anG manager, and whose post
office address is Jackson Barracks, New
Orleans, La, and Walter l. Gibson, who
shall be treasurer, and whose post-offict
address is 1429 Baronne Street New Or
leans.
Said board shall continue in office until
January 2, 1922, on which date, and there
after, annually, board of directors shall
be elected on the second day of January
of each year unless the same shall be q
legal holiday, when the election shall bt
held on the next legal day thereafter.
After each election the board of direc-
tors shall elect from their number the
officers of the company
The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as the affairs and thu
business of the corporation may require
and as Ii may deem necessary for thu
conducting and management thereof.
, ARTICLE vI.-This charter may b,
amended and the capital stock of thi
corporation may be increased or decreased
. or the corporation may be dissolved IL
the manner and the method provided d!
law.
ARTICLE vII.-No stakeholder shall
ever be held liable or responsible for thu
contracts or faults of this corporation In
any further sum than the unpaid balance
: Of the stock for which he has subscribed
nor shall any mere informality in organ
: ization have the effect Of rendering thi
chatter null or Of exposing a stockholdel
to any liability than as above provided
whenever this corporation shall be dis
solved, whether By limitation or from an,
other cause the affairs. thereon shall b.
liquidated by three stockholders to b
elected and qualified in the manner pro
, vided by law. And they shall coHtinu
! in office until the affairs of the corpora
ton shall have been fully settled ant
; liquidated. In the case of the death o
one of the liquidators, or his refusal o.
inability to serve, the remaining iquida
tors may themselves proceed with all tn
power and authority vested in the ful
! membership.
And the signers hereto declare that the,
have affixed opposite their names tn
number of shares subscribed by them. ant
they declare this to be their subscription
list
Thus done and passed at my notaria
. office in the City Of New Orleans, on tn
} day, month and year herein first abov
J written In the presence Of Hubert NJ. Ans
, ley and Henry Hart competent witnesses
L. L. a g. 10