The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-09
Oct. 5-Nov. 9
CHARTER OF THE 2 TIRE COM
PANY, INC.

United States of America, state OF
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 or the
United States of America the one nun
bred and forty-seventh. beIore me- Na.
w. Bond, a notary public, duly com,
missioned, sworn and quallfied, In ana
for the Parish of Orleans, state Oh
Louisiana, and in the presence OF the
witnesses hereinafter named ana UNI
dersigned, personally came ana APP
peared the several persons whose names
are hereunto subscribed, who each sew
orally declare, that, avalllng tnehis
selves of the provisions of the law OF
the State of Louisiana relative 10 the
organization of corporations, they have
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 a
corporation and body polite In law, Tor
the objects and purposes ana uhuer
the agreements and stipulatlons lol-
lowing, viz:
ARTICLE 1.-The name and title OF
this corporation shall be THE
TIRE COMPANY, INC, and under lts
said corporate name shall have power
and authority to have and enjoy sue
cession for the full term of ninety
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, az
well as mortgage and hypotnecate prop,
erty real, personal and mixed, corporeal
and incorporeal; to name and appoint
such officers, managers, agents ana Ill
rectors as its business interest ana con-
yenience may require, and to make aho
establish, as well as alter and amend
To
| and regulations for the proper govern
| uient of the affairs of the corporation
as may be necessary and proper.
ARTICLE 1.-THE domicile of this
corporation shall be in the City or New
Orleans. Parish OF Orleans or etbe,
| legal process shall be served on tn'
President or, in the event or MS al
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. u
| operate service trucks for road ser
| vice. to install automobile telephon'
| 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 o
| said corporation is hereby fixed a
five thousand (s5,0oo.OO dollars. di
value of $4,000 each; said stock shall
only be issued for cash or in paymen
| of property actually received or pur
chased by said corporation. The CAPT
| tai stock of this corporation may b.
increased to the sum of two hundred
thousand (s200,000.00) dollars.
| ARTICLE v.-The said appearers de
| clare that they subscribe respectvel,
| to the following number of shares o
| the capital stock of this corporation
| Edward c. Brodtmann, / share; ELL
| e. Boggs, 80 shares; Jack OBierne,
| shares.
| The subscription of the said Ellis Z
Boggs shall be paid for and settled b.
him by the transfer to this corpora
ton of the property described in tn
| part hereof, as though herein writer
in full, and marked Exhibit "A"
| All of which said above describes
/ property has been appraised by tn
Board of Directors of this corporation
at the sum of three thousand dollars.
| ARTICLE Wall Of the corporal
powers of this corporation shall b
| vested in and exercised by Board o
Directors composed of three stockhold
ers, who shall be elected annually o.
the last Monday in the month of Au
gust, beginning 1923; majority o
| SalQ bOdTQ SHALL CoHStllutC a QuOh -.
for the transaction of any and al
| business
At all elections each stockholde
| shall be entitled to one vote Tor eac
share held by him. and majority o
votes cast shall elect. failure I
elect directors at regular meetin
| shall not dissolve the corporation, bu
the directors then in office will con
| tinue to act until their successors ar
elected and qualified. Notice OF Tn
time of holding any and all meeting
| shall be given by the Secretary to eac
| stakeholder at his last known address
two days before the meeting.
Immediately upon being elected IN
/ directors shall elect from among thei
own number q President, Vice-Presi
dent and a Secretary-Treasurer.
The said Board shall also have powe
and authority to borrow money throug
the President or Vice-President, or som
other duly authorized agent or agents
to execute mortgages and issue note:
bonds or other obligations. and gen
orally to do all the things necessar
ness of the said corporation; and ais
to issue and deliver full-paid share
Of stock and bonds and other obliga
tons of the said corporation In pay
ment Of the money borrowed. or none,
labor, services. property or rights az
tually received by the said corporation
as hereinabove set forth.
Vacancies in the Board OF Director
shall be filled by the remaining member
Of the Board
Until the next meeting to be hel
under this charter. or until their dull
qualified SUCCESSORS are elected IN