The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-01
ARTICLE I

power and authority to have and enjoy
succession for the full term of ninety nine
years from the date hereof; to contract, sue
ard be sued; to make and use a corporate
seal; 10 purchase and receive. lease, hold,
sell and convey, as well as mortgage and
hypothecatc, property, real, personal aud
mixed; 10 name and appoint such officers
and agents as the interest of said corpora
tion may require ana TO make and establish
such bylaws aud regulations for the proper
management and regulation of its affairs As
may be deemed necessary, and the same 10
change and alter at pleasure.
ARTICLE IL.
The domicile OF said corporation shall be
in the city Of New Orleans state OF I.ouisi-
ana and all citations and other legal pro
cess shall BE served upon the president Of
said corporation, and. in the case of his
absence, upon the vice president. and in
case Of the absence OF bOtu Of these officers,
upon the secretary thereof.
ARTICLE Ill.
The objects and purpose for which this
corporation is established and the nature
of the business 10 be carried on by 1t are
declared 10 be the purchase and sale o:
electrical appliances. tools, machines, sun.
dries and objects Of whatever nature and
kind whatsoever used where electricity,
steam or other motive power is employed
10 do general electrical and construction
business, and to these ends to purchase,
use lease, mortgage, pledge or otherwise
acquire or sell real or personal property
TO operate and construct electrical, steam
plants, or other plants, and generally 10 DO
all acts aud 10 enter into all contracts that
may DE- necessary, convenient or appropriate
in the Accomplishment Of the aforesaid pur.
poses; 10 represent others, as agents or 9th
erWlser In the same or similar lines of bust
ness TO act as manufacturers agents and 10
receive goods on consignment and dispose
Of same on commission or otherwise.
ARTICLE ".
The capital stock of this corporation shall
be nifty thousand 1850. OOu) dollars divided
hundred NJ t-nI
OF one hundred dollars per share, payable
When issued in cash, or other property, or
Tor services rendered or actually performed
as decided by the board Of directors and
this corporation is To b. going concern
when fifteen thousand dollars OF said stock
has been subscribed and paid for. Each
share of stock shall be entitled 10 one yote
at all general elections.
ARTICLE Y.
NO stakeholder shall ever be liable or
responsible for the indebtedness, faults OK
defaults Of this corporation, nor shall any
mere infOrmality in the organization of the
the charter null or Of exposing the stock.
holders TO any liability beyond the unpaid
balance, If any, on his stock subscription
should any stakeholder desire to sell nj,
stock he shall first offer the same To the
stockholders of the company through its
board OF directors, and the stockholders who
desire 10 purchase shall have the right "a
purchase the same, in proportion to then
y
said stockholders In Seventy-two hours after
notice having been given, fail or refuse Ia
purchase the stock offered for sale, such
stock may be sold to any one.
No transfer of stock shall be made on
held TO be valid and binding unless made on
The books OF the company, and unless mad,
ia pursuance of the provisions of this char
ter.
ARTICLE VI.
This corporation shall have all power,
granted TO such corporations by law, ant
shall have the power 10 contract sue ant
De sued In It's corporate name. and TO own
hold receive, loan, lease purchase sell an,
convey or mortgage any or all of its effects
| or to hypothecate its property, and to d,
| any and all acts or things of any other kind
nature or description, may be necessary
10 carry out the objects and purposes o
| said business as its interests and conyen
| fences may require.
ARTICLE VII.
The business of said corporation shal
| be directed by and vested in a board OF al
| rectOrs composed of five stockholders a ma
tority of whom shall constitute a quorum
| for the transaction OF all business and tn
said directors as first constituted shall b
I Edward Jumonville, Leo L. Hirsch, and the
| shall hold office until the last Wednesda
in March, 1914, and on that day and froT
| each and every day thereafter election
! shall be held annually for directors at tn
| principal Office OF the corporation. Failur
| to hold an election on the day specified sha
| not dissolve the corporation, but the direC
| tors in office shall hold their respective OF
nee until an election shall be held afte
| ten days notice OF the time and place thereO
| given to each stakeholder. The annual elet
| tlon shall be held on the last Wednesday O
| March, 1914, and thereafter on the las
wednesday OF March and each succeedin
| year, and the directors shall be chosen b
| ballot, and the election shall be held b,
tween the hours of ten a. m. and four d. n
All vacancies on the board of directors 10
whatever cause shall be filed by the remain
Irvnr To-. H.
the first president, Leo L. Hirsch shall b
| the first vice-presdent, Mr.. Theo Hirsc
shall be the first secretary and James Jr
knoxville shall be the first treasurer, an
OF March, 1914, and each succeeding boar
of directors thereafter shall elect its prir
| cipal officers for the term of their election
and only stockholders shall be eligible 70
tors.
i ARTICLE VIII.
| Whenever this corporation Is dissolved
1 either by Limitation, or for any other caus,
| Its affairs shall be liquidated by the boar
OF directors, who are hereby vested with fu
power to sell any and all assets of the col
poration, either separately or In a mass, an
to convey full and complete title thereto
/ ana snail have full power to do and pei
form all acts necessary and proper to full
and completely liquidate the affairs an
distribute the proceeds, IL any, among I'll
stockholders of the said corporation to tn
| amount Of stock held by each
| ARTICLE IX.
This act Of Incorporation may Be amenC
ed, altered or modified, or this cOrporatio
| dissolved by vote of three fourths OF tn
| shares OF the total amount OF stock at
meeting convened for that purpose afte
ten days notice In writing mailed to tn
address of each stakeholder.
Thus done and passed In my notarial o
1ce In the city of New Orleans, state OF Lol
isiana, on the day. month and year frs
above written, IN the presence OF w. Catesh
Jones and William s. Edwards, compete1
J witnesses, who have hereunto signed thes
presents, together with the parties herei
and me, notary, after a reading OF tn
whole.
Signed: Edward Jumonville, 30 shares
Theo. Hirsch, shares; Leo Hirsh 8
shares: James Jumonville, shares LaZar
, Levy, 5 shares.
Witnesses: W. Catesby Jones, VIM. S. E,
wards.
A. A. MORENO, Notary Publ
!, the undersigned recorder OF motrgag,
In and for the parish OF Orleans, state
Louisiana, do hereby certify the above an
foregoing act of Incorporation OF the Ele
trical Supply Company was this day du
recorded In my Office In book 1883, folio -
New Orleans, La, March %, 1913.
, EMILE LEONARD. Deputy Recorde
hereby certify the foregoing TO De
true and correct copy OF the charter OF Il
Electrical Supply Company now on file
my Office.
A. A. MORENO, Notary Public.
apr 10 IL "A may s, 1913