The Meridional. (Abbeville, La.) 1856-1906, 1902-05-17
CHARTER
OF THE
lbbeviIIe Light Power { Wafer
Works Company Ltd.
CHARTER
United States of America, }
State of Louisiana,
Parish of Vermilion.S

state OF LOUISIANA,
Parish of Vermilion.S
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 l27th: Before me, Geo.
". Summers, a Notary Public, duly
commissioned and qualified 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
hereunto 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 corpora
ton shall be ABBEVILLE LIGHT,
POWER & WATER WORKS COM
PANY. LIMITED, and under it's said
corporate name it shall have power
and authority to exist and enjoy sue
cession for a full term and period of
ninety-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 we'll as mortgage and h~ypothecate
under its corporate name, property,
both real and personal; to name and
appoint such Managers and Directors,
Officers and Agents as the interest and
convenience of said corporation may
require; and to make and establish, as
we'll 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, OF 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-
lishment of Electric Light, Power &
Water Works, the installation of Elec-
trical outfits and material, the pur-
chase and sale of coal, fuel oil or any
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
jects and purposes.
ARTICLE FOURTH.
The capital of said corporation shall
be Twenty-Five Thousand ($25, 000)
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 ($9, 0O0. 00) Dollars of
SdIu Sup1t<bI CGUCh 6Idll Iut We DCEES SUI
scribed, which Nine Thousand Dollars
of subscription shall be paid in cash or
its equivalent within ten days from the
date hereof.
The remaining Sixteen Thousand
1916, 000.0O) Dollars shall be issued
only on a resolution passed by two
thirds of the Directors of the company
at a meeting called to consider the
issuance after ten days full notice to all
Directors.
When said additional stock shall be
issued it shall be first offered to the
then owners of stock in the same pro-
portions in which they each W the
then existing stock.
Each shareholder shallhave ten DAYS
within which to take his proportion of
additional stock, and if he does not
both take and pay for same in ten days
after the allotment to him he shall be
presumed to have refused to take same
and his allotment shall be sold by the
Board of Directors to the highest bid
der after ten days notice to each share
holder. Notice to shareholders shall
be sent only to the address left by.
them with the Secretary and no notice
shall be required unless address shall
have been SC left. Certificates ofstock
shall be issued only when paid for in
full and shall be signed by the Presi-
dent and Secretary and shall be trans
ferable only on the books of the CON-
pany and only on surrender or due
proof of loss of the original.
ARTICLE FIFTH.