The herald., 1922-11-09
ACT NO. -.
ACT OF Incorporation OF NEW
ORLEANS CHEVROLET SALES
COMPANY, INCORPORATED.
October LIST, 1872

united states or America, state oil
Louisiana, Parish of Orleans, City OF
New Orleans. Be it known. That on
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 o;
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
lions, 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 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
a 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
this corporation shall be NEW OR
LEANS CHEVROLET SALES COM
PANY, INCORPORATED" and under
that name it shall have and enjoy al
the rights, advantages and privilege
gra nted by law to corporations; 1T shall
exist for a period of ninety-n1ne 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 alter
at It's pleasure; to have and employ
such managers, directors, oiIicers
agents and other employees as the in
terest and convenience of said corpora
ton may require or demand; to make
and establish such bylaws. rule an1
and establish such bylaws. rules ano
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 al
citations and other legal process snaI
be served on the President or, In his
absence. on the Vice-President.
ARTICLE III-The objects and pur'
noses for which this corporation Is or
ganized. and the nature OF the business
to be carried on by 1t. are hereby De
engage in the business of selling, pur'
chasing, trading and exchanging new
and used automobiles: to engage in tnt
business of selling all automobile parts
and accessories and to MAINTAIN am
operate a garage, and generally, TO de
and perform any act or thing necessary
convenient or proper for the carrylne
into effect the above named OBJECTS
and purposes.
ARTICLE Iv.-The capital stock Of
this CORPORATION is hereby fixed at tht
sum of twenty-five thousand (s25.'
600. O0) dollars. divided into two nun
dred and fifty shares, OF the par Vaiut
of one hundred S100,0ol dollars eacn
All shares Of stock shall De iuii paw
and worcestershire.
or the same may be issued, at not less
than par, for labor done or service
rendered to the said corporation; or 10,
property or rights actually received ps
this corporation.
This corporation shall have the righ'
to increase fits capital stock mp to tns
further sum Of one hundred Thousand
$500 0o00O) dollars. or any par
thereof. to be divided into shares o.
two hundred and fifty S260) dolars
itaI stock shall have been authorized ps
pursuant to the provisions of law.
This corporation shall be and become
a going concern when fifty (50%) pef
centum of stock shall have been SUD
scribed
ARTICLE v.-An the corporate pow,
ers Of this CORPORATION shall be vested
in and exercised by a Board OF Dlrec,
tors. composed of three stockhoioers'
majority of whom shall constitute
quorum for the transaction OF all S%s.,
| ness.
annually by ballot by the stocknoIdeI
on the First Wednesday or Novcmp ss
in each wear. The first Board OF III.
rectors OF this corporation shall consiss
~ George W. Stem, whose postotI,ce
address is New Orleans, Louisiana; 20
ward Heron. whose postofffce ADDRESS Is
New Orleans Louisiana. and Harry "a
Thomnson. whose postoffice address i
New Orleans Louisiana with George w
Stem as President. Edward Heron az
vice-President. and Harry A. Thompso,n,
AZ OBSERVATION-DISCLOSURES. to serve u aas
the first wednesday Of November, iszo,
or until their successors snail nay
haer duly elected and quaiffied, ny
"a sIure 10 elect directors shall be re-
earded rs a forfeiture OF this char
Any vacancy occurring on said poaro
shall he filled by the remaining n1 ~;
hers of said board. Said BOARD OF IL
rectors shall have the right to appoln'
ana dismiss such clerks. manase,s
sa,esmen and other employees OF the
cornoration as in fits Judgment may oe
deemed necessary The tenure OF oIL,cs
of Ali the employees Of this corporat.oon
shall be during the pleasure OF .ne
hoard Each stockholder shall pc err IT.
fled. In person or by proxy. to one W. w.
Sor avery share of stock owned py I'LL
and ALI elections shall be neid uno e.
such rules and regulations az nas
suecified BY the Board OF Directors
ARTICLE vL-This act Of incorpo5,
.tSon nav be changed. INQUIRED or a. -,
tsred m the said corporation my -