The herald., 1921-10-27
CHARTER.
CHARTER OF JOHN p. GLASS, INC.

United States of America, State of Lou
isiana, Parish of Orleans, City OF New
Orleans, Be it known, that on this llth
day of October, in the year OF our LORD
One Thousand Nine Hundred and twenty
one, before me, I. NJ. Logan bruins
Notary Public, in and for the PARISH OF
eOrleans State of Louisiana, therein re
siding and therefore duly commissioned
and qualified, and in the presence OF the
witnesses hereinafter named ana under
signed, personally came and appeared the
several persons whose names are mere
unto subscribed, all of the full age OF
majority, who declared that awaiting
themselves of the laws Of this State re-
latiye to the organization Of corporations
and more particularly Of Act 2oL oil the
General Assembly Of the State OF LOUIS
lana for, the year 1914, they nave GOV r.
enanted and agreed, and do by these pres
ents covenant, agree and bind themselves,
as well as such other persons as may
hereinafter become associated with theIh'
to form a corporation or BODY pOllllc III
law for the objects and purposes anu
under the agreements and supuIatlOns lol-
lowing, to-wit:
ARTICLE THE name Of this corpor-
alton shall be John Z. Glass, Inc, ana IN
! der its corporate name il shall have ana en-
JOY succession for ninety-nlne ty9) years
from this date, unless sooner dissolved
and said corporation shall have power 10
purchase, convey, mortgage aud hypothe-
ate property, real, personal or mixed TO
! issue bonds, notes and other Obligations
Z or negotiable Instruments to make ana
use common seal and to break or alter
the same at will; to adopt bylaws with
power to amend same and generally TO
have and exercise all the powers usually
enjoyed by corporations of this character.
ARTICLE 1.-THE purposes for which
. this corporation is formed are, as tOllOWs
Z To deal in, sell, operate and let for hlre
E automobiles, motorcycles and motor Nehlc-
. les of every kind, nature aud description
to build, lease maintain ana operate
buildings, storage houses and garages Tor
the storing, caring for and keeping lor
& hire therein of automobiles, motorcycles
and motor vehicles of every kind, nature
and description; and generally to BUY,
sell and deal in all goods wares ana mer-
chandise necessary or incidental to the
operation, repair or equipment OF auto
mobiles, motorcycles or motor vehicles OF
any and all kinds, manufactures and des-
criptions, to act as broker, agent or trus-
tee for individuals, firms or corporations,
and generally TO do all things that may
be necessary to the conducting OF SAID
business.
ARTICLE III-The capital stock of this
corporation shall be Seven Thousand Five
Hundred Dollars (S7,5OO.OOJ divided into
seventy five (I5) shares of the par value
+
which shall be paid for in cash, In In
stallments on the call of the Board of
Directors. All shares of stock shall be
full paid and worcestershire. No trans
fer of stock shall be binding upon the
corporation, unless made upon its books,
and all certificates of stock shall be signed
by the President or the Vice-President
and by the Secretary and sealed with the
seal of the corporation, if one has been
adopted.
The capital stock may be increased to
One Hundred Thousand Dollars (s1OO,OoO)
in accordance with law.
ARTICLE Iv-The domicile of this cor
poration shall be in the City of New Or
leans, State of Louisiana, but II may es-
tablish Offices and agencies throughout the
United States and foreign countries.
ARTICLE V-The affairs of the cOrpor-
alton shall be directed by and all the
corporate powers thereof not reserved by
law to the stockholders shall be vested in
a Board of Directors to be composed of
three stockholders.
The Board of Directors shall be:
John p. Glass, HOO st. Charles avenue,
New Orleans, La; Rush Price Strong, Hi
hernia Bank Building, New Orleans, La. !;
Richard Bland Logan, sol Interstate Bank
Bldg, New Orleans, La, of whom John
p. Glass shall be the president of this cor
poration, Rush Price Strong yice-presi-
dent. and Richard Bland Logan, secretary
treasurer, which said board of directors
and officers shall serve until the third
Tuesday in April, 1922, or until their sue
cessOrs shall have been elected.
The failure to elect directors or hold
the annual meeting shall not dissolve or
affect the corporation, nor impair its man.
agement in any respect, but the directors
in office shall remain in office until their
successors are elected and qualified.
The said board of directors shall have
power to make, ordain and amend the by
laws for the regulation of the affairs of