The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-16
ACT no. -.
ACT or INCORPORATION OF NEW
ORLEANS CHEVROLET SALES
COMPANY, INCORPORATED.
October LIST, 1879

October LIST, 1879.
United States of America, State of
Louisiana, Parish of Orleans, City OF
this. the LIST day of october in the year
of our Lord one thousand nine hundred
and twenty-five (1922). and of the In
dependence of the United States OK
America the one hundred and forty
seventh. before me. James Clark Hen
riques a notary public, duly commits
stoned and qualified. in and Tor the
Parish of Orleans, State of Louisiana,
therein residing, personally came and
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 9th, 1914, they have COW
enanted and agreed, and DO by t InrSe
and constitute themselves. as well as
such persons who may hereafter JOIN.
or become associated with them, INTO
a corporation and body pontlc IN Jaw.
the agreements and stipulations follow
ing-to-wft:
ARTICLE 1.-The name and style Of
this corporation shall be NEW OK
LEANS CHEVROLET SALES COM-
that name it shall have and enjoy an
the rights, advantages and privileges
granted by law to corporations; IL sna,,
exist for a period of nfnety-nine years
from. this date; it 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 aL.er
at us pleasure; to have and employ
agents and other employees as the in
terest and convenience Of said corpora,
rion may require or demand; to MAKE
and establish such bylaws. rule ana
and establish such bylaws ~ Wars rsie Of the
cor pcration as may be deemed neces'
sary, convenient and expedient
ARTICLE 1.-THE domicile Of this
corporation shall be In the City OF Ne~
Orleans, State Of Louisiana, and a.,
citations and other legal process snai
he served on the President. or, In his
absence, on the Vice-Presfdent.
ARTICLE III.-The objects and pur
poses for which this corporation Is OF
ganized. and the nature OF the Duslhes'
to be carried on BY o, II; are ners II
engage in the business Of selling. pur
chasinp. trading and exchanging new
and used automobiles: to engage IN VII
business Of selling all automopiIe par,
\ and accessories and to MAINTAIN an y,
operate a garage. and generally, 10 u'
/ and perform any act or thing necessary
! convenient or proper for the carr
into effect the above named op)eco
| and purposes
i ARTICLE Iv.-The capital stock o
! this corporation is hereby fixed AT IN
| sum of twenty-five thousand 20,
| 600 0O) dollars, divided into TWO nuI,
| bred and fifty shares. OF the par vai nr
of one hundred NiooVo, 1oiia t,,i, nal,
All shares OF stock snah DC iuii 20"
/ and worcestershire.
Said stock shall be paid for IN casn
Il or the same may be issued, at not res
than par, for labor done or serVSe
rendered to the said corporation; or 10 =,
property or rights actuany TeceU -
this corporation.
This corporation shall have the rfgh
Il 70 increase it's capital stock up 70 IN
i further sum of one hundred tnousan
Il $500. 900. o0) dollars. or any par
thereof. to be divided INC ns9xo1 dollar
each. provided said increase IN tne cay "
tfaI stock shall have been authorized o
4 the stockholders at meeuns hei
/ pursuant to the provisions OF law
il This corporation shall be ana recon na
a going concern when lily n io een sub
centum Of stock snail nave
scribed.
Il ARTICLE v.-All the corporate pow
ers Of this corporation shall pc veste
in and exercised by a Board or .Dlree
tors. composed Of three stockn n,,1Hts
, Guorum for the transaction Of all bus
, ress The directors shall be eIecte
annually by ballot by the stockhoIoeI
on the First Wednesday OF Novem NJ
: in each year The first Boar1 o.
) rectors Of this corporation shall cons s,s
~ George w. Stem, whose postotI,e
> address is New Orleans. Louisiana; re
wa I'd Heron. whose postoffice ADDRESS
New Orleans, Louisiana. and Harry
Thompson, whose postoffice ADDRESS ~
New Orleans Louisiana, with George y
Stem as President, Edward Heron :
vice-President and Harry A. Tnompsoe
az MISUNDERSTANDING. to serve u ae
the first wednesday Of Novemoer' ~ 10,
or until their successors S ie no
{ been duly elected and quaiitned: =
I failure 10 elect directors shah pe =
: carded as a forfeiture OF this chaI.e
! Any vacancy occurring on SAID poa.
Z eha,, he filled by the remaining men
hers Of said board. Said Board OF ~
I | rectors shall have the right TO appo,.
and dismiss such clerks, mana ~
salesmen and other employees OF !
9 cornoration as in it's Judgment may
, | deemed necessary. the tenure VI -, &C.
u Of All the employees OF this corpora,
!; shall he during the pleasure OF y,
e hoard Each stakeholder shall pc en n
y tIsd in person or by proxy. TO one W
: For every share of stock owned py ~,
and ali elections shall be nein uno
}: snch rules and regulations as may
2 sr,ecified by the Board OF DIRECTORS
II ARTICLE vI-This act 81 incorpe