The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-29
CHARTER.
CHARTER OF
IN PATCH CO.. INC.

ps,tb Of nine hundred anu tNentS
bOussh% the independence Oh In'
80 als ana Of America tne que me nT w
tstsd nd forty skill Public. in and
',sby Jopsss Of orleans, state OF Lou
tbe parsnn the presence OF the Wit
wg.,s. snd liter named ana unuer,
sSs herennslly came and appeared
I'D person ersons whose names are
~ several .cpribed, and all OF age, VINO
s,sunto sSSscIared that, aVaiilhe .nen a,
sssrslly, The provisions OF 'nS nh cosos
slrss o. Of Louisiana; nora narticn.
%, and p ae1 AZ the General Assembly
IN Of Ael ~ Louisiana, for the year
= he stare coyenanted, agreed con-
a. they hound themselves, ana 30
,..red anu -esents covenant. Cohtract,
!, these tnS themselves as well as an
.t,se and U as may hereafter become
% with them. to form .ae
IsedsI1to and constitute tSa objects
a body poh and under the stipulations
o. % SCI forth; Nv, Tni'H
nsf ehA Tho name OF this cOrpor-
lRTICLEn he white Bear Patch Com
| r,tion shan ,sted. which may be aDbre-
S,y lncor White Bear Patch, Co, Inc
Ibed II The business and pur-
igTlCLE Itch this corporation Is
,oss foi ,ha nature of the business
,Srpsd snG ,od on by it are hereby de,
ns he: To carry on the senerai
tsred AZ repairing autonlooilei mr.,
nans's and bodies, inci1 iS so,6 hodies:
rees and retrimming ,ne , sa 70 bny
purchase ,snnfacture or compound all
I'D sell, '.natsrials, machinery, devices
yessssy nnerty connected with such
a sther P,SSp an general to do all things
.sdDess' Incidental thereto, that are
rfnsDss, the state Of Louisiana.
b c,r III. The amount or the
lRilCnct ~ this corporation Is here,
upiia a. the sum Of Five Thousand
" hieu xsOOO.OO), all common STOCK
H "a capital stock may De lnCIed Hu -
De sum mo Said capital stock shall be
ta@'v,. sfty (5O) shares Of the par
Hdded M n,s Hundred Dollars ($lOcOO)
use 81 ,he stock shall be paid when
ath, nv Tor or may be issued in whole
aesciv,, At not less than par Tor prop
IN finally purchased and received Oy
~ se,norstion. No fractional shares
IN aver be issued.
H.,rrrLE ". The location or the
A hiI n this corporation shall De In
=. sity Of New Orleans, state OF LOUIS
I'D
I'D; a.ocess shall be made upon the
"a ~ the corporation, or in case
ir s,o .hsepce or inability to act. on the
d%e.ssIdent. Secretary Treasurer, in the
nsm.d' Said corporation shall
ra .nS enjoy succession by its cor
NV name for period Of ninety-nine
F, '.. from the date of this act.
,prIcLE V. The business and affairs
l, al. corporation shall be conducted |
!. "a all the corporate powers vested |
y and exercised by a Board OF Direc-
w. 80 spnuaIly by ballot, on the fourth |
80, AZ the month Of August of each
~, BEGINNING in the year 1923. or any
,A..ousnt date announced by the Board
ns,ectors. In case no election shall
-. Mace on said date, after fifteen
49,. notice. which shall be given to
~ stockholder by written notice,
s,aed 10 each stakeholder at his last
i.,ssp postofice address, and said cleo
=. hal be held at the office of the
sss,s,atiou under the supervision OF two
srnissioners appointed by the Board
Z Dsrectors; at said election eacn stock
IsNsr shall be entitled to cast his vote
!. pecifed In Section IL OF Act 267 OF
N General Assembly Of the state OF
Luisana for the year 1914. or amend
r,,t, thereto. The stockholders receiv-
A
!. declared elected. The Board of Direc.
nm 90 elected shall Immediately there
sf,f proceed to elect one Of its men,
hu Ia be President. one to be Vice
President, one to be Secretary Treasurer
4 he corporation, and they shall serve
utn their successors are elected and
quilted.
ARTICLE VI. The first Board of
Directors shall be composed Of the fol-
bvng stockholders: Paul Hogan, S314
Nnent street. New Orleans. La: James
4 Morgan, 1ils Desire street, New Or
hhs La and James G. Barr, 1905 VAL
rsnt street. New Orleans. La. Of whom
pul Hogan shall be President, James
A Morgan shall be yice-President, and
I,nes G. Barr shall be Secretary Treas
rs. and they shall serve until the
t'urth Monday Of August. 1923. or until
lisr successors are elected and qualified. ,
directors shall be filed by the remaining
tlrcfors
ARTICLE VII Stockholders meetings J
Y other meetings for the election of !
tfetors may be held as prescribed by 4
Scion 10 Of Act 267 Of the General Z
assembly Of the state Of Louisiana for q
N year lsl4 or any amendments thereto. c
ARTICLE VIII. This corporation and I
n ofncers and directors thereof shall 4
ave al the rights and powers, and this d
mpefation may be amended or dis o
wed ,i or Its. affairs liquidated, as pro-
nan BY the provisions of Act 267 of the C
s.ei.l Assembly Of the state Of Louis c
IA ios the year 1914, or any amend Z
KiicLE TX. No stakeholder shall a
va be held liable or responsible for s
~ contracts or faults Of this corpor- n
s 10y IN any further sum than the I'M
~ osance on the stock for which he s.
= - inscribed. nor shall any mere in n
@nauly In Its organization have the a
80. " rendering this charter null or p
~ ssasg stakeholder to any liability J,
49, nan as herein provided. No stock F
> -, tnis corporation shall sell all a,
49,. part OF his stock without first ii
s ~, hiteen days notice to the cor Il
'...s,o OF his desire to sell. This cor 81
- upon receiving notice shall m
49,, he other stockholders, after notice
-. % them to each last Known ad- .,
,<r,,. purchase such stock in pro- ~
- =. 70 their respective holdings OF ~
srtA. - tne corporation. and such other IS
y a saaefs shall have fifteen DAYS from =,
!, ne such written notice IS received o.
~ corporation, to purchase said ~
,,- me then book value of same. st
M LILLE x. The subscribers here
~, ave respectfully written opposite T.,
rs,,,,.ees the amount Of stock in this nj
~ aon subscribed for by each of ~ ~
I'M ~ mat this act Of incorporation ~ ~
n ~ serve as the original subscrip- 81
W =" VI the corporation. ~
A. .. zone and signed at nv office at
ssn ~! OF New Orleans, on the day, sa
\ s,,. mo year first above written, in tn
Rr,t. OF Gus J. Ricau and Melba
IN co., competent witnesses, residing No
NIT psnsn who have signed these bSy
4 me- N.ogether with said appearers ~
Va '''ary' after due reading Of the 20
n. mana y =, signed: Paul Hogan. IA !"
= sen %. oe paid for in property this ,h
Asr. .,otporation; James A. Morgan, IN IN
' MA s ~ oe paid for in property this u
AZ evaporation; James q. Barr. a,
Witnesses: ga
SIG J. RIcAu o. o.
lBA 0'ROURKE. tn
W. cATEsBY JONES. an,
stA. Notary Public -