The herald. [volume] (New Orleans, La.) 1905-1953, 1922-01-26
CHARTER.

cation or incidental thereto. and all the
mower and authority conferred on cor
porations by the laws Of this state
ARTICLE II. The purposes for which
this corporation is organized are 10 buN,
sell manufacture and deal in all sorts
of electrical supplies and automobile a'-
ccsSorieS, automobiles and machinery OF
all kinds both for its own account ana
on commission. and generally 10 DO all
things necessary and incident to the huN-
mess Of the corporation, ana II ShaiI nav"
authority to carry on all or parts OF IT'S
business in other states. territories and
possessions of the United States, as wen
as all foreign countries.
ARTICLE III. The domicile Of this
CORPORATION shall he in the City OF New
Orleans, Louisiana. CITATION OF an ieSll
process and other legal notices shall be
served upon the President Of the corpor-
alton. and in his absence on the VICE
President.
ARTICLE ". The capital stock OF
This CORPORATION is hereby fixed at the
snm of So. 10000. divided into 30 shares
of 500 90 each, but the corporation shalI
be going concern aS soon a. not less
than one-half thereof has been SUD
scribed. This may be Increased TO
$lOO,OOO0O. All stock shan be pald lor
in cash or property.
should Allan l.. Wolf or Jules 1.
LaZard sell his stock and sever his CON
nqction with the corporation, the charter
shall be amended 80 As 10 Ollil tHS mann
of the Withdrawing stakeholder.
ARTICLE V. All the powers of TINS
corporation shall be vested in boaru
of directors composed Of not less imam
three stockholders.
The said Board shall he elected annu-
ally. on the first Tuesday alter the hrst
Monday in the month of January of each
year. except the first Board, which Is
provided for in this charter.
At the annual election held for the
election of directors each share shan he
entitled to one vote. when may DC Cast
in person or by written proxy
The failure TO hold such meetings shall
NOT terminate the corporation, but the
officers then in office shall hOld over
until their successors are elected ana
qualified.
The first Board of Directors shall con
sit of Allan l.. Wolf. l122 Allne street.
New Orleans, La; jules &. Lazard, Ia
Peters avenue, New Orleans, La; Charles
Levy, JOS Magazine street, New Orleans
La.
Each Board of Directors shall annually
elect from their midst President, wee,
President Treasurer, and Secretary, ana
it may combine the Oihce OF treasurer
with that of the President, Vice President
or the Secretary, and II may elect Il Sec
Rotary who need not be "A director or
stOc kholder, but such Secretary cannot De
ARTICLE VI Not less than fifteen
Qj) days notice shall be given Tor all
regular stockholders meetings, and NOT
less than five To- days notice Tor special
meetings The Board of Directors shall
hold regular special meetings At such
times and upon such notice as 70
time which the said Board may hN All
be by written notice through the post
Office addressed to the respective STOCK
holders at the address given to the Sec
rotary by each stakeholder, or the notice
may be delivered by messenger.
ARTICLE VII. This act OF incorpor-
alton may be changed. mOdlhed or
altered, or this corporation may be dis
solved, with the assent OF two-thlrds ol
the stock present or or Fe et enrDose AZ
ARTICLE VIII. No stakeholder shall
ever be held liable or responsible Tor the
contracts and faults of said corporation
ance due on the shares of the stock
owned by him. nor shall any mere IN
formality in organization have the effect
of rendering this charter null or expos
ing the stockholders to any laDllliy
beyond the amount of his unpaid stock.
ARTICLE IX. Whenever this corpor:
alton is dissolved either by limitation OF
time or by the determination OF the
stockholders, its affairs shall be nqulda1,t,
ed under the supervision of two (2)
liquidators, to be appointed for that pur-
pose at general meeting of the STOCK.
holders convened after ten (lO) days
notice. =.
At such meeting to consider the liqui.
dation of the corporation, the result shall
be determined by the consent OF two
thirds of the stock present or repre-
scented at such meeting. In case OF the
death or inability to act of one or the
liquidators, the survivor shall act alone.
Thus done and passed in my office in
said City of New Orleans, on the day,
month and year first hereinbefore writ
ten, in the presence of Justin V. WON
and NJ A. Cakes, both of lawful age and
residents of this parish, competent wit
nesses, who signed hereto with the said
appearers, and me, notary, after due
reading of the whole.
Original signed:
45 shares, New Orleans, La.
CHARLES LEVY,
45 shares, New Orleans, La.
ALLAN l.. WOLFF,
~ shares, New Orleans, La.
Witnesses signed:
JUSTIN V. WOLFE,
NJ. A. CAKES.
GABRIEL FERNANDEZ, JR.,
Notary Public.
1, the undersigned Recorder of Mort
cages in and for the Parish of Orleans,
State of Louisiana, do hereby certify
that the above and foregoing Act of In
corporation of the WOLFE K LAZARD
CO., INC, was this day duly recorded
in my office in Book 1853, folio 493.
New Orleans, Dee. 20, 1921.
(SignedD ROBT. SCOTT,
Deputy Recorder.
A true copy of the original.
GABRIEL FERNANDEZ, JR.,
Notary Public.
Jan. 12-Feb. 10