The Meridional. (Abbeville, La.) 1856-1906, 1902-05-03
CHARTER
OF THE
AbbeuIIe Light. Power & Waller
Works Company Ltd
CHARTER
United States of America, }
State of Louisiana,
Parish of Vermilion.A


Be it known that on this, the 10th
day of April, A. D. 1902, and of the
independence of the United States OF
America the 10Th: Before NE, Geo.
w. Summers, a Notary Public, duly
commissioned unqualified in and for
the Parish of Vermilion, State of
Louisiana, and in presence of the wit
nesses hereinafter named and UNDER
signed: Personally came and appeared
the several persons whose names are
hereHnto subscribed who ~severally de-
clared, that aVailing themselves of the
provisions of the laws of this State
relative to the organization of corpora
lions, they have contracted and agreed
and do by these presents agree and
bind and obligate themselves
as well as all others as may become
associated with them to form them
selves and constitute a corporation and
body corporate in law for the objects
and purposes and under the conditions,
stipulations and articles to-Wit:
ARTICLE FIRST.
The name and title of said
ton Shall be ABBEVILLE LIGHT.
POWER &c WATER WORKS COM
PANY, LIMITED, and under it's said
corporate name it shall have W
and authority to exist and enjoy sue
cession for a full term and period of
nlnety-nine years from the date hereof;
to contract, sue and be sued, to make
and use a corporate seal and the same
to break and alter at pleasure; to pur-
chase, receive, lease. hold and convey,
as well as mortgage and hypothecate
under its corporate name, property,
both real and personal; tt name and
appoint such Managers and Directors,
Officers and Agents as the interest and
convenience of said corporation NAV
require; and to make and establish, as
well as amend and alter at pleasure,
such bylaws, rules and regulations for
the proper management of the affairs
OF said corporation as may be neces-
sary and proper.
ARTICLE SECOND.
The dOmicile of said corporation
shall be in the town of AbbeVille. State
of Louisiana, and all citations or other
legal process shall be served upon the
President of said corporation, or in his
absence upon the Secretary OF the cor
poration.
ARTICLE THIRD.
The objects and purposes for which
this corporation is established and
declared to be: The erection and estab-
ilshment of Electric Light, Power &
Water Works, the installation of Elec-
trlcal outfits and material, the pur-
chase and sale of coal, fuel oil OF n
other kind of fuel, and to do any and
all such things as may or shall be ne
cessary and proper to carry out said OBJ
Jeets and purposes.
ARTICLE FOURTH.
The capital of said corporation shall
DO Twenty Five Thousand 1895. eO0}
Dollars divided in Two Hundred and
Fifty Shares of one hundred dollars; but
the corporation shall be entitled to
organize and commence business when
Nine Thousand $50, 000. 00) Dollars of
said Capital Stock shall have been sub
scrlbed, which Nine Thousand Dollars
subscription shall be paid in cash or
it's equivalent within ten days-from the
date hereof.
The remaining Sixteen Thousand
($16,000.00) Dollars shall be issued
on a resolution passed by two
OF the Directors of the company
ut a meeting called to consider the
issuance after ten days full notice to all
/.
When said additional stock shall be
issued. it shall be first offered to the
then owners of stock in the same pro-
in which they each own the
then existing stock.
Each shareholder shallhaye ten DAYS
which to take his proportion of {
additional stock, and if he does not
take and paV*for same in ten DAYS
the allotment to him he shall be
presumed to have refused to take same
his allotment shall be sold by the !
5oard OF Directors to the highest bid !
ier after ten days notice to each share
holder. Notice to shareholders shall t
sent only to the address left by t
hem with the Secretary and no notice 1
hall be required unless address shall J
ave been so left. Certificates of stock t
hall be issued only when paid for in |
ull and shall be signed by the Presi- L
lent and Secretary and shall be trans
cradle only on the books of the COM
and only on surrender or due
roof of loss of the original.
ARTICLE FIFTH.
All the corporate powers of this cor
Grafton shall be vested in a Board of n