The herald., 1921-12-15

United States OF America, State of Lou
isiana, Parish of Orleans, City of New
Orleans, BE il known, that on this day
of November, in the year one thousand.
nine hundred and twenty-One, before
me Jones L. 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
themselves OF the provisions of the laws
or this state relative to the organization
OF corporations, and particularly to Act
No 261 of 1914. they have covenated and
agreed. and by these presents do cove
nant and agree for themselves, their sue
eessors and assigns, to form themselves
into corporation and body polite. for
the objects and purposes, and under the
stipulations hereinafter set forth, to-wlt:
ARTICLE 1.-The name and title of
this corporation shall be Michon & Later.
riere Inc, and under such title it shall
nave and enjoy succession and existence
Tor 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
after 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 or Its business, as well 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 make
such bylaws, rules and regulations as
may be necessary or found desirable for
the management of its business and af-
fairs; and. generally, to do every other
act, matter or thing necessary or desir-
able Tor the complete and the proper car
rying out of said business, both in the
state OF Louisiana and elsewhere.
ARTICLE 1.-THE domicile of this
corporation shall be in the City OF New
orleans, Parish of Orleans, State of Lou
lsiana, where all citations or other legal
process shall be served upon the Presi-
dent or in his absence on the Vice-Pres-
ident, and In the absence Of both on the
Secretary.
ARTICLE III.-The objects and mr.
poses for which this corporation is or
ganized and the nature of the business
10 De carried on by il are hereby de-
CARED and stated to be: The wholesale
and retail buying and selling of automo-
biles and motor boats. and all other spe-
cies and kinds of machinery. both new
and secondhand, on commission, con-
slgnment and otherwise; to do n general
garage and automobile business: to do
the general repairing of automobiles mo-
Tor boats, and all species and kinds OF
machinery; to store all kinds Of ANTONIO
biles, motor boats. and all kinds and spe-
cies OF machinery, for itself and others,
ana TO make reasonable charges for ser
vices In storage of said automobiles motor
boats and machinery; to act as manufac-
.urers agent and receive and sell automo-
oiies, motor boats and all other kinds and
species Of machinery; to acquire and own
STOCK In other corporations: and gener-
ally TO do and perform any and all things
necessary or convenient to carry out said
objects and purposes, in the State of
Louisiana and elsewhere
ARTICLE IV.-The capital stock of
this corporation is hereby axed at Twen-
~ Thousand Dollars ESQ 600 OO), divided
into two hundred shares (2O0) Of the par
vaiue OF One Hundred Dollars (SIO0OO)
eacn provided, that the amount to which
me capital stock Of this corporation may
be increased shall be One Hundred Thou.
sand Dollars (S1OO, 00OOO), or one thou
sand shares (10O0).
One hundred shares (1OO), or Ten Thou
snad Dollars (s10.0O0OO) Of the capital
stock Of this corporation must he sub
scribed before the filing Of the articles of
incorporation. The subscribed capital
stock OF this corporation shall be pay
able In cash, property (real or personaD,
good VIII, or for labor and services rem |
dered and performed.
NO stockholder shall ever be held liable
or responsible for the faults. contracts or
debts OF this corporation in any further
sum than the unpaid balance due the cor |
poration on the shares OF stock sub |
subscribed by him, nor shall any mere in |
fcfnaiity in organization have the effect |
OF rendering this charter null. or of ex-
posing any shareholder to any liability |
This corporation shall not engage in
business until One Hundred shares (100l |
or Ten Thousand Dollars ($10,0O0O0) Of
the capital stock shall have been issued |
and paid In, In cash, property or good |
Will II any stock Of this corporation Is
exchanged. either in whole or In part. for |
property or good will. in that event the
provisions OF Section Of Act 267 Of 1914
ahall be comnlied NTH africfiu