The herald., 1922-10-26
CHARTER OF THE TT TIRE COM
Panty, INC.

Louisiana, Parish of Orleans City of
New Orleans. Be it known. that on
this 2Sth day OF August, IN the year
one thousand nine hundred and twenty
two. and of the Independence of the
United States of America the one hun
dred and forty-seventh, before me, Nat.
w. Bond, a notary public duly com,
rissioned sworn and qualified. In ana
for the Parish of Orleans, state OF
Louisiana, and in the presence of the
witnesses hereinafter named and I'M
dersigned personally came ana ap-
peared the several persons whose names
are hereunto subscribed, who each sew
orally declare, that, awaiting them
selves of the provisions OF the law OF
the State of Louisiana relative TO the
organization of corporations, they nave
covenanted, agreed, and do by these
presents mutually covenant and agree
and bind themselves to and with each
other, as well as such other persons
who may hereafter become associated
with them, to form and constitute
corporation and body polite in law, Tor
the objects and purposes and under
the agreements and stipulauons toi-
lowing, viz:
ARTICLE 1.-The name and title OF
this corporation shall be THE
TIRE COMPANY, INC, and under It's
said corporate name shall have power
and authority to have and ENJOY sue
cession for the full term of ninety
nine years from and after date hereof;
to contract. sue and be sued; to make
and use a corporate seal, and the same
TO break or alter at pleasure; 10 holu'
receive, lease. purchase and convey. as
well as mortgage and hypothecate prop
erty. real. personal and mixed, corporeal
and incorporeal: to name and appoint
such officers, managers, agents and dl-
rectors as its business interest and con-
venience may require, and to make ana
establish, as well as alter and amend
from time to time such bylaws, rules
and regulations for the proper govern
ment of the affairs of the corporation
as may be necessary and proper.
ARTICLE 1.-THE domicile of this
corporation shall be in the City of New
Orleans, Parish of Orleans State OF
Louisiana and all citations or other
| legal process shall be served on the
President, or, in the event OF his alb
sence, on the Secretary.
ARTICLE III-The objects and pur-
| poses of this corporation are declared
| to be to buy, sell and deal in automo-
| bile tires and automobile accessories
| of every kind and character; to repair
automobiles, automobile tires, etc. TO
| operate service trucks for road SER
| vice, to install automobile telephone
| service stations, and generally to trans
| act all business properly connected
| with. incidental or convenient to any
| of the said objects and purposes.
ARTICLE Iv.-The capital stock of
said corporation is hereby fixed at
| five thousand (s5.0O0.00) dollars, di-
vided into fifty (50) shares of the par
value of $4,000 each; said stock shall
of property actually received or pur-
| chased by said corporation. The capt.
| tai stock of this corporation may be
| increased to the sum of two hundred
thousand (s2OO,OOO.O0) dollars.
ARTICLE V.-The said appearers de-
| clare that they subscribe respectively
to the following number of shares of
| the capital stock of this corporation:
| Edward G. Brodtmann. i share; Ellis
f. Boggs. 80 shares; Jack O'Bierne, 3
shares.
| The subscription of the said Ellis f.
| Boggs shall be paid for and settled by
| him by the transfer to this corpora
| ton of the property described in the
| inventory hereto annexed and made
part hereof. as though herein written
in full. and marked Exhibit "A"
| All of which said above described
| property has been appraised by the
| Board of Directors of this corporation
at the sum of three thousand dollars.
| ARTICLE Wall of the corporate
| powers of this corporation shall be
vested in and exercised by Board of
| Directors composed OF three stockhold-
| ers, who shall be elected annually on
| the last Monday in the month of Au.
gust, beginning 1923; majority OF
said Board shall constitute a quorum
| for the transaction of any and all
| business.
At all elections each stakeholder
shall be entitled to one vote for each
| share held by him, and a majority OF
| votes cast shall elect. A failure &c
| elect directors at regular meeting
| shall not dissolve the corporation, but
| the directors then in office will con-
| tinue to act until their successors are
| elected and qualified Notice of the
| time of holding any and all meetings
| shall be given by the Secretary to each
stakeholder at his last known address
two days before the meeting.
Immediately upon being elected the
| directors shall elect from among theii
own number a President, Vice-Presi
dent and a Secretary-Treasurer.
The said Board shall also have power
and authority to borrow money through
the President or Vice-President, or some
other duly authorized agent or agents
| to execute mortgages and issue notes
| bonds or other obligations, and gen
| orally to do all the things necessary
for the proper carrying on OF the bust
| ness of the said corporation; and alst
to issue and deliver full-paid share:
of stock and bonds and other obliga
lions of the said corporation in pay
ment of the money borrowed. or money
labor. services, property or rights ac
tually received by the said corporation
as hereinabove set forth.
| Vacancies in the Board Of Director:
shall be filled by the remaining members
of the Board.
Until the next meeting to be hell
under this charter, or until their dull,
qualified successors are elected ant