The Caucasian., 1910-06-16
CHARTER
OF THE MINERAL WELLS ELEC.
TRIO COMPANY.

United States of America, State OF
Louisiana, Parish of Caddo, City OF
Shreveport: Be it known, that on this
the 18th day of May A. D. in the year
nineteen hundred and ten, before me,
L. c. Blanchard, notary public, in and
| for the Parish of Caddo, State of Louis
lana, and i'll the presence of the wit
nesses hereinafter named and under
signed, personally came and appeared
the persons whose names are hereunto
subscribed, who severally declared that
availing themselves of the provisions of
the general laws of the State of Louis
iana relative to the organization of cor
porations for works of public improve
ment, and for other purposes, they have
agreed and by these presents do cove
nant, agree and bind themselves, and
those whom they represent to form
themselves into and constitute a cor
poration under the following agree
ments and stipulations, which they
hereby adopt as their charter.
ARTICLE l.
The name and title of this corporation
shall be MINERAL WELLS ELEC-
TRIO COMPANY, and by that name
| it shall enjoy succession for the term
of ninety mine (oo) years from the date
hereof, unless sooner dissolved. 1t shall
have power to sue and be sued to bor-
row money, hold, purchase, lease, sell
and hypothecate real and personal prop
erty, to make and use a corporate seal;
to name and appoint directors, man
ayers and agents, and to establish such
bylaws, rules and regulations for the
| management of the business and affairs
of the corporation as may be necessary,
the same to alter at pleasure. Also to
make and issue bonds and other evil
dences of debt, and to secure same by
| mortgage or otherwise.
ARTICLE H.
The domicile of this corporation shall
be in the City of Shreveport, Parish of
Caddo, State of Louisiana, and all cita-
tions or other legal process shall be
served on the president, or in his alb
sence on the vice president, or in his alb
sence as the law directs.
ARTICLE III.
The objects and purposes for which
this corporation is established, and the
nature of the business to be carried on
by it, are declared and specified to be:
| I'D The construction or acquisition
and operation of street railways and
suburban railways within or near any
city, town or village, for the transpor-
tation of freight and passengers, and
the operation of same with electric or
other motive power.
| (2). The construction or acquisition
| and operation of electric plants, for
the purpose of the manufacture of cleo
trio current, and the sale of same to the
public
60 The construction or acquisition
and the operation of ice and refrigerat-
ing plants for the manufacture of ice,
and the storage of articles for the pub
lie, the doing of all of which things
may be done and carried on at any place
Tor places within the limits of the States
of Louisiana and Texas.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of three hun
dred and fifty thousand ($35o,ooo.oo)
dollars, divided into thirty-fve hundred
(3soo) shares of the sum of one hun
dred ($Iooool dollars each; the COM
pany to begin operations as soon as one
hundred thousand ($1oo,ooo.oo) dollars
shall have been subscribed and paid for.
Said stock shall consist of one (I) Sc
ries, to be known as common stock
Said stock shall be paid for at such
times as the board of directors may de-
termine, but any part of same may be
issued by said board of directors at moi
less than the par value thereof, in pay
ment of labor done or property actually
received by said corporation. Stock
books and stock registers for said stock
shall be kept by the corporation.
ARTICLE V.
Y All of the corporate powers of sait
corporation shall be vested in and ex
: ercised by board of directors, to b,
t composed of FIVE 50 stockholders, to b
elected annually, on the first Monday ii
July of each year, unless such first Mon
day shall be the first day of July, il
which event said election shall TAX
place on the Tuesday following sal
first Monday, majority of which sai
board shall constitute a quorum at a