The herald., 1922-10-26
CHARTER.
ACT NO. -
ACT NO. -.
ACT OF Incorporation OF NEW
ORLEANS CHEVROLET SALES
COMPANY, INCORPORATED.
October LIST. 1922.


United States of America, State of
Louisiana, Parish of Orleans CITY OF
New Orleans. Be il known. That on
this the LIST day of October in the year
of our Lord one thousand nine hundred
and twenty-five C922), and of the In
dependence of the United States OF
America the one hundred and forty
seventh. before me. James clark lien
riques. a notary public, duly commas
stoned and qualified. in end for the
Parish of Orleans, State of Louisiana,
therein residing, personally came ana
appeared the persons whose names are
hereunto subscribed, who declared that
availing themselves of the provisions
of the laws of the State of Louisiana
relative to the organization of corpora
tions, and more particularly OF Act NO
267 of the General Assembly of the
State of Louisiana for the year 1914
approved July sth.-1S14. they have COW
enanted and agreed, and do by these
presents covenant and agree, bind, form
and constitute themselves, as well as
such persons who may hereafter join.
or become associated with them, into
corporation and body polite in law
for the objects and purposes and under
the agreements and stipulations follow
ing-to-wit:
ARTICLE 1.-The name and style Of
LEANS CHEVROLET SALES COM
PANY, INCORPORATED" and under
that name il shall. have and enjoy all
the rights, advantages and privileges
granted by law to corporations; IT shall
exist for a period of ninety-nine years
from this date: IL shall have the power
to contract. sue and be sued in Its cor
porate name; to make and use cor
porate seal. the same TO break or alter
at its pleasure; to have and employ
such managers, directors. officers'
agents and other employees as the In
terest and convenience or said corpora
ton may require or demand; TO make
Itch hxv- and
and establish such bylaws, rules and
ment and control of the affairs of the
cor poration as may be deemed neces-
sary, convenient and expedient
ARTICLE 1.-THE domicile of this
corporation shall be in the City of New
Orleans, State of Louisiana, and all
citations and other legal process shall
be served on the President, or. In his
absence. on the Vice-President.
ARTICLE III-The objects and pur-
poses for which this corporation Is or
ganized, and the nature of the business
to be carried on by IT, are hereby de-
clared to be as follows-to-wit: TO
engage in the business of selling. pur-
chasing. trading and exchanging new
and used automobiles: to engage In the
business of selling all automobile parts
and accessories and to maintain and
| operate a garage, and generally. 10 90
| and perform any act or thing necessary,
| convenient or proper for the carrying
| and purposes.
ARTICLE Iv.-The capital stock OF
this corporation is hereby fixed at the
sum of twenty-five thousand ($25,-
| OOO. 00) dollars, divided into two hun
| bred and fifty shares. of the par value
of one hundred s100.00) dollars each;
All shares of stock shall be full paid
| and worcestershire.
Said stock shall be paid for in cash.
or the same may be issued, at not less
| than par, for labor done or services
rendered to the said corporation. or for
property or rights actually received by
| this corporation.
This corporation shall have the right
| to increase its capital stock up to the
further sum of one hundred thousand
| (s100, 00e.00) dollars, or any part
| thereof, to be divided into shares oil
two hundred and fifty (s250) dollars
EACH provided said increase In the cap
| ital stock shall have been authorized by
| the stockholders at a meeting helo
pursuant to the provisions OF law.
This corporation shall be and become
a going concern when fifty (5o%) per
centum of stock shall have been sub
| scribed.
| ARTICLE v-All the corporate pow.
ers of this corporation shall be vested
/ in and exercised by Board OF Dfrec'
| tors. composed of three stockholders.
| majority of whom shall constitute .
| quorum for the transaction of all bust
| ness The directors shall be elected
i annually by ballot by the stockhoider'
| on the First Wednesday OF Novemoel