Middlebury register. (Middlebury, Vt.) 1886-1937, 1915-10-22
ARTICLES OF ASSOCIATION
OF II
CENTRAL POWER CORPORATION OF
VERMONT

CENTRAL POWER CORPORATION OF
VERMONT
We the subscribers, hereby associate ourselves
together as a corporation under the Laws of the
State OF Vermont, to be known by the name Of
CENTRAL POWER CORPORATION OF
VERMONT
For the purpose OF
I. To construct and acquire by purchase,
lease or otherwise and to operate and maintain
power plants, hydraulic and other works, sta
tions, dams, storage basins, transmission plants
and lines, transforming and distributing stations
and distributing circuits, pole lines, rights of
way, and all other property and equipments fer
generating, transmitting, distributing and furnish
ing electricity, electrical currents and electric mo-
tive force for Lighting, heating, motive power, and
any purpose whatsoever.
?. 70 acquire water rights and water power
and to construct reservoirs, dams, canals. bitches,
fumes, pipe lines and other works, plants, equip
mcnts, appliances and appurtenanCes for impound-
ing, storing, conveying, distributing and utilizing
water for fire, sanitary, and domestic purposes
and for power and manufacturing purposes and
to store, use, apply, sell, and otherwise dispose of
water for such uses.
&. To buy, sell, let or hire, manufacture, con-
struct, erect. install, alter and repair, all machin-
cry, equipment, supplies and appliances and all
kinds of articles which may be required in or de-
sirablc for the promotion OF any business of the
corporation.
With its principal Office at Middlebury in the
County of Addison in the State of Vermont, and
with a capital stock of One Million Dollars divid-
ed into ten thousand shares Of One Hundred
Dollars each.
OF said stock FIVE thousand shares shall be
preferred, and five thousand shares shall be COM
mon, and the holders of said preferred stock
shall be entitled TO receive from the surplus or
net profits arising from the business of the cor
poration a fixed yearly dividend of six per cent,
payable scmi-annually on the second days of
January and July in each year beginning on the
second day Of July A. d., 1918 before any divi-
bends shall be set apart or paid on the said COM
mon stock.
Should the surplus or net profits arising from
the business OF the corporation prior to any divi-
dend day be insufficient to pay the dividend up
on the preferred 5 ock, such dividend shall be
payable from the future profits and no dividend
shall at any time be paid upon the common stock
until the full amount OF SIX per cent per annum
upon all the preferred stock shall have been paid
or set apart. The holders of said preferred stock
shall be entitled to no dividends beyond the six
per cent Aforesaid.
Upon dissolution or liquidation of the corpor-
alton the holders OF the preferred stock shall be
entitled TO receive the full par value of their said
stock and any dividends due and unpaid thereon,
before any payments are made on the common
stock and any property remaining shall be distri-
buted ratably among the holders of the common
stock.
The holders Of preferred stock shall have no
voting powers whatsoever nor shall they be entit-
led to notice of any meeting of stockholders Of
the company.
Dated at Montpelier in the County OF Wash
ington this 18th day at June, a. d. 1915.
SUBSCRIBERS POST OFFICE ADDRESS
Charles II. Thompson,
No. I Spring ST., Montpelier, VT.
Clarence p. Johnson,
No. IS Winthrop. Road,
Lexington. Mass.
Robert L. Ryder,
No. IS Devonshire St,
Boston, Mass.
Bancroft Abbott,
Norwood, Massachusetts.
Frank A. Walker,
City of Barre. VI.
And whereas the prayer of said petition is that
the Public Service Commission hold hearing to
determine whether the establishment and main
tenancc of SAID corporation will promote the gen
cral good OF the state and issue such necessary
orders and notices in the premises as are required
by the laws OF the State Of Vermont.
Therefore notice is hereby given that Public
Service Commission will hold a public hearing
upon said petition Al the Addison House in Mid
dlebury in the County of addison on the 18th day
OF November, 1915, at two O'Clock in the after
noon. and
1t IS ordered that the petitioners cause this
notice and order 10 be published in the Middle
bury Register, a newspaper at Middlebury in
SAID County OF Addison, for three weeks success
lively, the last publication thereof to be at least
twelve days before said 18th day of November,
1915.
Dated at Brattleboro, Windham County, this
9th day of October, 1915.
ROBERT c. BACON, Public Service
VIM. X. WARNER, Commission
WALTER A. BUTTON, of Vermont.
Office of Clerk. Filed Oct. 8, 1915.
Attest;
NEIL d. CLAUsoN, Clerk.