The herald., 1913-05-08
ARTICLE I

by that name said corporation shall have
power and authority to have ana enjoy
succession for the full term of ninety nine
years from the date hereof; 10 contract, sue
ana be sued; to make and use corporate
seal 10 purchase and receive, lease, hold.
sell and convey, as well aS mortgage aud
hypothecltc, property, real, personal and
mixed To name and appoint such unl 'rr,
and agents as the interest of said corpora
tiOn may require and To make ana establish
such bylaws and regulations FOX the proper
management and regulation Of its affairs J-
may bc deemed necessary, and the same To
change and alter NJ pleasure.
ARTICLE II.
The dDmiciie ~ said corporation shall De-
In the city Of New Orleans state of Louis.
ana ana all citations and other legal pro-
cess shall Ice served upon the president II
said corporation, and, in ,uc case OF h.,
absence, upon the Nirc-prr>idyut. ami. ll
case Of the absence Of both of these oal.r@~
upon the secretary thereof
ARTICLE III.
Tie objects aud purpose for which this
corporation IS established and the nature
of the business % Je carried on by it are
declared 10 10" the purchase and sHlr u.
electrical appliances. tools, machines. sun
dries aud objects Of whatever nature and
hihu Whatsoever used where electricity.
steam or other motive power il employed .
io 10 a general electrical and construction
business. ana TO these ends to purrIH>..
Use 1rjNe. mortgage, pledge OF uiHurW is"
acquire or sell rcl. cor persona. property .
20 operate and construct electrical. steam
plants, or other plants, and generally 20 du
Il" acts and 10 enter into all contracts thI,
ma! joe necessary, convenient OF appropriate
Id tie accomplishment OF The aforesaid pGr-
poses To represent others. is agents or 9th.
erNl~r. in the same or similar lines Of bus.
ness 10 act As manufacturers agents and lu
of same On commission or otherwise
ARTICLE ~.
Inc capital stock Of this corporation shall
D" NIFTY thousand tSjo,oouD dollars, divided
Q. r"t. .tH.4.N -H
of one hundred dollars per share payable
when issued in cash, OF other property. or
lpr services rendered or actually performed
as decided by The board Of directors. ana
InIN corporation Is TO he going concern
when hiieen thousand dollars Of said stock
has been subscribed and paid for Each
share OF stock shall be entitled 10 one yO,e
al all general elections.
ARTICLE V.
NO Siockhoider shall ever be liable o.
responsible for the indebtedness, faults or
defaults OF ms corporation, nor shall any
mere Iufur!na'ily in the organization Of the
corporation have any effect Of rendering
ihr chari"r nun or Of exposing the stock
l"idef> 10 any liability beyond the unpaid
balance, II any, on his stock subscription.
should any SiockaO.der desire to sell his
STOCK ne shaII htSt Oner the same 10 the
>Io'AholdeIS OF the company through its
board OF directors, and the stockholders who
uesiLt 10 purchase snail have the right 10
purchase the same, in proportion to theil
holdings OF stock in the company. should
Sald stockholders in Seventy-twO hours after
hOuCe having Deen given, fail or rcfuS" 10
purchase the stock offered for sale, sucn
STOCK may DE sold 70 any one.
70 transfer or stock shall be made or
| heId 10 be valid and binding unless made On
ne DOCKS or the company, and unless made
III pursuance Oh the provisions OF this char
'cI'
ARTICLE VI.
ms corporation shall have all powers
SEEan'ed SEan 10 Such corporations by law. and
shall nave The power to contract, sue and
be sued IN It's corporate name, and to own.
hOId receive loan, lease purchase sell and
convey or mortgage any or all of its effects.
or 10 hyp0thecate lis property, and 10 do
any ana all acts or things of any other kind.
nature or description, as may be necessary
| 10 carry out the objects and purposes OF
said business as It's interests and cOnven-
fences may require:
ARTICLE VII.
The business of said corporation shall
De directed by and vested in "A board of di
| rectorS composed OF five stockholders, a ma.
yority OF whom shall constitute n quorum
! Tor the transaction OF all business and the
SAID directors as first constituted shall bt
/ Edward Jumonville, Leo l.. IIirsch. and they
| snail hold office until the last Wednesday
IN March, 1914, and on that day and from
| each ana every day thereafter elections
! snail be held annually for directors al the
! principal Office OF the corporation. Failure
| to hold an election on the day specified shall
not dissolve the corporation, but the drec
| nee until an election shall be held after
| ten days notice OF the time and place thereof
given 10 each stakeholder. The annual elec
| tlon shall De held on the last Wednesday OF
| March, 1914, and thereafter on the last
| Wednesday of March and each succeedin.
year. and the directors shall be chosen by
| ballot, and the election shall be held be
tween the hours Of ten a. m. and four p. m
| All vacancies on the board OF directors fol
| Whatever cause shall be illed by the remain
ing directors. Edward JumOnville shall b,
| the nrst president, Leo L. Hirsch shall be
the first vice-president. Mr.. Theo Hirscl
snail be the trst secretary and James Ju
| mOnville shall be the first treasurer and
IN Isey snaii 10,d ,0 once untll the last Monday
90 dirot Wnuot, III, anu edch succeeding Doarc
oi,oi eTio @ an sIalI eiect lts prn
opai p1 oIIcers TOT me term or thelr election
ainntio ahc Ony stoGRnOiIers shaiI be eligible fol
erection as MEMBER OF the board OF direc
Tors. ,prrc,D ,.,,,
| Whenever This cornoration & dissor,,o,
! either bv Limitation. or for anv Other cause
| its affairs shall he Iinuidated nv tba hoa -
of directors. who are hereby vested with mi
| power TO sell any and All assets n, tba cor
| poration. either senaratelv or In n mass an
| 10 convey full and complete title thereto
and shall have full power 10 do and neT
form all acts necessary and proper TO fully
and completely llquidate the affairs and
distribute the proceeds, II any, among the
| stockholders of the said corporation to the
amount of stock held by each.
ARTICLE IN.
| sbaras of fba to,aI onn,nt % s,na,. -. -