The herald., 1922-12-14

Louisiana. Parish of Orleans Be il known
that on this the twenty fourth day of the
Lord, one thousand, nine hundred and
twenty two, and of the Independence of
the United States of America. the one
hundred and forty seventh: before me,
Leslie Patton Beard, notary public in
and for the Parish of Orleans, State of
Louisiana, therein residing, and in the
presence of the witnesses whose names
are hereunto subscribed. personally came
ana appeared the several persons whose
names are hereuntO subscribed, who de
clared that availing themselves of the pro
visions of the laws of the State of Louis
iana relative to the organization and
ticularly of Act No. 267 of the General
Assembly of the State of Louisiana for
the year 1914, they have cOvenanted and
agreed and they do by these presents
hereby covenant, agree, bind and obligate
themselves, as well as such other persons
as may hereafter become associated with
them, to form and constitute corpora
ton and body polite in law for the OBJ
jects and purposes and under the condi-
tons and stipulatiOns following, which
they adopt as their charter. to-wit:
ARTICLE THE name, style and title
of this corporation is hereby declared to
be Automobile Wrecking & Parts Co, Inc,
and under such name and style it shall
have and enjoy succession and existence
for period of ninety nine (99) years from
date hereof, unless sooner dissolved by
liquidation or otherwise. 1t shall have
power and authority to contract sue, and
be sued; to make and use corporate
seal and the same to break and alter at
pleasure; to hold, purchase. sell, lease.
mortgage, transfer, hypOthecate and pledge
property; real, personal and mixed, cor
pOreal and incorpOreal, and to hold stock
in any other company or companies that
may assist this company in its objects
and purposes; to make and issue bonds,
notes, and other evidences of indebted
ness. and If desired, to secure same by
rfe ~
and other officers. managers, employees
and to establish. alter and amend y-laws
rules and regulations for its proper
government as may be deemed necessary
and proper and generally, to do any act
or thing necessary for the carrying on of
its bushes.
ARTICLE 1.-THE domicile of this cor
poration shall be i'm the City of New Or
leans, State of Louisiana; and service of
citation and other legal process shall be
served upon the president, or in his alb
sence: uDon the secretary treasurer.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganized and created and the nature of the
business to be carried on and conducted
by 1t are declared to be as follows: To
buy. sell, exchange barter or otherwise
deal in automobile and mechanical parts,
both new and secondhand: to buy, eX-
change. purchase or otherwise acquire new
or second hand automobiles for the pur-
pose of dismantling and wrecking the
same and securing the parts and equip
ment therefrOm; to conduct and operate
an automobile wrecking establishment
and to operate any and all vehicles. ma
chinery and other equipment necessary
and proper to the conduct of the said
business and to maintain and operate
general establishment for the repair or
dismantlement of any and all machinery.
automobiles or other vehicles of any kind.
character or description. either the whole
or any part or parts thereof. and in gen
eral to do and perform any and all acts
or things pertaining to or incidental to
the carrying out and proper execution of
the objects and purposes hereinbefore
enumerated.
ARTICLE Iv-The capital stock of this
Of five thousand dollars. (s5.O00OO) and
shall be divided into and represented by
five hundred (500l shares of the par value
Of ten ollars (G10.O0) each. which shall
be fully paid for and non -assessable.
Said stock shall be paid for in cash or
by property. or services actually rendered
to the corporation. or other equivalent of
cash as provided by law and at such time
and manner as may be prescribed by the
board of directors.
This corporation shall become a going
concern and shall be authorized to COM
n,en"e business when fifty per centum
subscribed and paid, either in cash or it's
equivalent.
The capital stock of this corporation
may be increased to the sum Of twenty five
by law.
ARTICLE v-The corporate powers Of
this corporation shall be vested in and
exercised by n hoard of not less than
toritv of which shall constitute a quorum
for the transaction of business.
Any director who Is unable to attend
any meeting Of the board Of directors and
Is otherwise incapacitated from perform
ing the functions of his office by reason
or Illness. or otherwise. may appoint In
writing another member Of the board Of
directors to act for him and as his proxy
and the board of directors may delegate
any of his powers to anv officer. or Of
ficers. or representative of this corporation
by resolution regularly adopted.
corporation shall be composed Of the fol-
lowing: Earl G. Workman. residing at
No. 1916 Irving Place. Shreveport. Louis
ana: Raymond NJ. Waters. residing at
ing at No. 1910 Dublin street New Or
leans. Louisiana. with the following Of
fers: Earl q. Workman. president: Rave
mond NJ. Waters. vice-president: James
shall serve until the second Friday of
January. 1923. or until other successors
are elected and qualified
The directors shall hereafter be elected
annually at meeting to be held on the
second Friday Of January in each year
after date hereof. Notice in writing Of
said meeting shall be given to each stock
rorer, nor less tnan nrteen GAYS pr1or 70
said meeting, addressed to each stock
holder at his last known place Of resi-
dence. Special meetings may he called
't the expense and discretion Of the board
Of directors. or a majority of the stock
holders upon giving written notice at least
Ave days in advance of said meeting
which said notice shall likewise he ad-
dressed to each stakeholder at his last
known place of residence. provided. how
pve-. that said notice may be waived.
Each stakeholder shall Mt anv meeting
Of this corporation, he entitled in person.
Dr by proxy to one IN vote for each share
NJ stock apDearing in his name on the
books Of this corporation.
The directors as elected. or otherwise
designated. shall hold office for one IN
elected and qualified. and faiIure to hold
fha annual meeting Of stockholders. or to
'lect directors annually. shall not operate
he forfeiture Of this charter. or any rights
hereunder
ANY vacancy occurring in the board Of
directors NAV bp filed by the directors
Tor the uneJnired term.
ARTICLE vI-This act Of INCORPORATION
nav be changed. modified or amended by
md with the consent Of three -fourths of
II at a meeting held for that purpose and
his corporation shall have the right to
Increase it's capital stock ut snch meetings
'uh'ert TO limitations hereinbefore set ont.
ARTICLE vII-At the expiration Of this
'harter. or the earlier dissolution of this
'orporation. its AFFAIRS shall he liduidated
Nv two commissioners tn be elected nv
he stockholders in accordance with law
Ind said commissioners are hereby vested
With full power and authority as NAV be
Nv law permitted to sell any and all OF
ho assets and proDe-ty. real, personal
mixed OF the corporation and to give full
Ind complete title tn same and to do and
,erform snv nrd sil acts essential tn