The herald. [volume] (New Orleans, La.) 1905-1953, 1922-01-26

CHARTER OF AUTO PARTS CO. INC.
State of Louisiana, Parish Of Orleans
BE il known that on this eighteenth day
of January. nineteen hundred and twenty
two, before me, JOSEPH LAUTEN-
SCHLAEGER. "a Notary Public in and
for the Parish and State aforesaid. duly
commissioned, personally came and APP
peared the persons whose names are
hereuntO subscribed. all of full age. re-
clared that. awaiting themselves of the
provisions of the laws of this State, and
particularly Act 261 Of 1914, they have
formed themselves into Il corporation and
body polite in law for the objects and
purposes and under the stipulatiOns and
agreements hereinafter set forth.
ARTICLE /. The name and title of
this corporation shall he the AUTO
PARTS CO, INC, and as such ii shall
have and enjoy succession in its cOrpOr-
ate name for period of ninety nine
years from date hereof; il shall have
power and authority to sue aid be sued
to contract; to make and use corporate
seal, IL desired; to hold, receive, purchase
real and personal property; to sell mort
gage and pledge the same; to borrow
money. issue notes and other obliga-
tions, and do all things allowed by law.
ARTICLE ii. The domicile OF this
corporation shall be in the City of New
Orleans. State of Louisiana, and all eta
tons or other legal process shall be
served on the President. and. in his alb
sence, on the Secretary Treasurer.
ARTICLE III. The objects and pur-
poses for which this corporation is
organized and the nature of the business
to be carried on by il are declared to
be: Buying and selling. wholesale and
retail of all the function parts of an
automobile. and to do anything that may
be incidental TO or necessary to carry out
| the above objects and purposes.
ARTICLE ". The capital stock of
| this corporation is hereby fixed at the
| sum of Ten thousand Dollars (S10.0O0.OO),
/ divided into and represented by one hun
| dred shares Of the par value of One Hun
dred Dollars each. The capital stock may
be increased or decreased in the manner
provided by law.
! A stakeholder desiring to sell his stock
must first offer il to the Board of Direc-
tors. and il they do not purchase it in
thirty days, then he has a right to sell it
to anyone.
ARTICLE V. All the powers of this
corporation shall be vested and exercised
by Board Of Directors composed OF
three stockholders, who shall elect from
their number a President, Nice-President
| and Secretary Treasurer. They shall be
| elected annually on the second Monday
of January of each year. Failure to elect
directors on the day specified Will not
dissolve this corporation, but the officers
then in office will hold their office until
| their successors are elected and qualify.
Until the annual meeting in 1923 the
Board of Directors and officers shall
be the following; VI, Louis y,oi o Martin:
Horace $. DuclOs. Secretary Treasurer,
ARTICLE VI. Two members of the
Board of Directors shall constitute a
quorum for the transaction Of all bust
ness. Notices for the election of direc-
tors and officers shall be mailed to the
last known address of the stockholders
thirty days before the election.
ARTICLE VII. This charter may be
IaH oh ffaA no
ital stock increased or decreased. or this
corporation may be dissolved at a gen.
eral meeting of the stockholders held for
that purpose, with the assent of three
| fourths of the entire capital stock present
or represented at said meeting, notice
of which must be given to the stock
holders thirty days previous to said meet
ing, by mail, TO their last known ad-
dress
In case of dissolution or termination
of this corporation, either by limitation
or from any other cause, the liquidation
of its affairs shall be conducted by Two
stockholders selected from among the
stockholders, at a meeting called for that
purpose, as set forth above. Said liqui-
dating commissioners shall remain In
office until the affairs of this corporation
shall he liquidated. In case of death OF
, one Of said commissioners, the survivor
shall continue to act.
, ARTICLE VIII. No stakeholder of this
! corporation shall ever be held liable fol
further sum than the unpaid balance du'
on the shares of stock subscribed for b.
him; nor shall any mere infOrmality II
, organization have the effect of rendering
. this charter null. or of exposing a stock
holder to any liability beyond the unpai,
balance on his stock, If any.
Thus done and passed at New Orleans
. La, on the date first before written, II
presence of Emanuel l.. We'll and Jane
: s. GautreauX, competent witnesses, o
4 legal age. residing in this parish, VIII
I hereunto sign their names with said ap
bearers and me, Notary. The subscriber
hereto have each written opposite thei
l names the number of shares subscribed
for. so that this act may also serve a
\ the original subscription list
Original Signed)
Z LOUIS +. MARTIN, JR.,
30 shares.
p HORACE $. DUCLOS,
, % shares.
4 HENRY wEISER,
\ 80 shares.
Witnesses:
I EMANUEL /. WE'LL,
JAMES S. GAUTREAUX.
r JOS. LAUTENSCHLAEGER
Notary Public.
I, the undersigned Recorder of Mort
cages in and for the Parish OF Orleans
State of Louisiana, do hereby certify tina
the above and foregoing act of incOrpor
alton of the AUTO PARTS CO. INC
I was this day duly recorded in my offic
in book 1868. folio 800.
= New Orleans. Jan. 1S 1922.
(Signed) ROBT. SCOTT.
Deputy Recorder.
T A True Copy Of the Original.
JOS. LAUTENsCHLAEGER.
|, Notary Public.