The herald., 1921-12-15

United States of America. state OF
Louisiana. Parish Of Orleans, City of
the sth day Of November. in the year of
our Lord One Thousand Nine Hundred |
and TweRty-one (192D, and Of the In.
dependence Of the United states OF
sixth. before me, FRANK THOMAS
DOYLE, a Notary Public, duly commits !
stoned and qualified. in and for the
Parish of Orleans, State of Louisiana
appeared the persons whose names are
hereunto subscribed who declared that,
availing themselves Of the provisions of
the laws Of this State relative to the
particularly Of Act No 267 Of the General
Assembly of this State, approved July
9th, 1914, they have covenanted and
agreed, and do by these presents cove
nant and agree. bind, form and constitute
themselves, as well as such persons who
may hereafter join or become associated
/ with them, into n corporation and body
polite in law, for the objects and pur-
poses and under the agreements and stip-
ulations following, to-wit:
| ARTICLE 1.-The name aud style Of
this corporation shall be "JARREAU
MOTORS COMPANY, INCORP0RAT-
Ed" and under that name IL shall have
and enjoy all the rights. advantages and
p tions: It shall exist for period Of
ninety nine years from this date: II shall
have the power to contract, sue and be
sued in it's corporate name; to make and
use corporate seal. the sane to break
| or alter at its pleasure; to have and en-
ploy such managers. directors. officers,
agents and other employees as the in
terest and convenience OF said corpora
ton may require or demand; to make
and establish such bylaws, rules and
regulations for the corporate manage
ment and control of the affairs Of the
corporation as may be deemed neces-
FAIRY. convenient and expedient.
ARTICLE 2-The domicile Of this cor
poration shall be In the City OF New
Orleans. State of Louisiana. and all cita.
lions and other legal process shall be
served on the President, or in his alb
sence. on the First vice-President.
, ARTICLE s.-The objects and purposes
for which this corporation is organized
and the nature of the business to be car
ried on by II, are hereby declared to be
as follows. to-wit:
To engage in the business Of selling.
purchasing, trading and exchanging new
and used automobiles and tractors; to
engage in the business Of selling all
automobile parts and accessories, and to
maintain and operate a garage. and gen.
orally to do and perform any act or thing
necessary, convenient or proper for the
l carrying into effect the above named
e objects and purposes.
!, ARTICLE 4.-The capitas stock Of this
: corporation is fixed at the sum OF
, divided into two hundred f200) shares
/ of the par value of One Hundred Dollars
e (s1O0O0) each. All shares Of stock shall
be full-paid and worcestershire.
Said stock shall be paid for In cash
or the same may be issued. at not less
than par. for labor done or for services
rendered to the said corporation. or for
property or rights actually received by
' said corporation.
to increase its capital stock M to the
further sum Of One Hundred Thousand
Dollars (s100.00000), or any part thereof
to be divided into shares Of One Hun.
dred Dollars $4,000 each. provided
said increase in the capital stock shall
= have been, authorized by the stockholders
at meeting held pursuant to the pro-
visions of law.
4 This corporation shall he and become
L a going concern when fifty (50) per cent
:. Of its stock shall have been subscribed
4 ARTICLE. 5--All the corporate powers
e Of this corporation shall be vested ~
y and exercised by Board OF Directors
; Of whom shall constitute n quorum fol
8 the transaction Of all business.
, The Directors shall be elected annual,
7. by ballot. by the stockholders. on tn
= frst Tuesday Of December In each year
= The first BOARD Of Directors Of thi
n corporation shall consit of j. EMIL
n JARREAU. whose postoffce address !
Z Now Orleans Louisiana: CHARLES A
STAIK. whose postOfnce a'nIess Is Nrp
d Orleans. Louisiana. and MILTON Las
- KER. whose postoffce address is New
n Orleans, Louisiana. with ]. EMILE JAR
h REATTa as President: CHARLES
r STAIR. as vice-President: MILTol
N LASKER. as Secretary Treasurer: {
h serve until the first Tuesday In Deem
" her. 1922 or until their successors hav
ID been duly elected and qualified. 81
" No failure tn elect directors shall b
NJ regarded ms a forfeiture Of this Charter
er Anv vacancy occurring on said Boar
IS Of Directors shall he filled by the re
g naming members Of said Board.
ID Said Board Of Directors shall have tn
4 right to appoint and dismiss such clerk
* managers and other employees OF IN
en corporation as IN its Judgment may ,
he doomed necessary
n The tenure Of office Of all the en-
in pIoyees of the CORPORATION shall be durin
n. the pleasure Of the Board.
so Each stakeholder shall be entitled.
be perscn or by proxy. to one vote for ever
share Of stock owned by him. and a
lie elections shall be held under such ruiz
NJ and regulations rs may be specined
D. THE poerd Of Directors.
% ARTICLE 6.-This oct OF fncorporath
n may be changed. modified or aneren.
to fse said corporation may he dissolve
he with the assent Of the stockholders ow
ing fwo-fhirds Of all the stork Of z
de corporation. Mt q general meeting co
We vened for that purpose. aud after AZ lea
led Idfteeu davis written notice 81 THE me-
ing has been given personally or tnrou'
ley the mail tn each stakeholder at his Il
rd- recorded addryss.
,ou In case OF dissolution. bv the exph
IA fion If this Charter. or otherwise ar
emf compliance with law. the stockhoid'