Norwich bulletin., 1915-03-24
SECOND NEW $5O,OOO POWER co.
With Home Office in Norwich-Cooperatve Power Co., is Seeking Incorporation Hearing Thurs day and Also for Rex Power Co.,. Which Wants New London and Windham County Rights.

Tn addition to the Rex Power com pany, which is a new Norwich com pany seeking incorporation through the | legislature, with Q capitalization of I $50 900. there is another new company, l the Cooperative Power company, with l it's principal office at Norwich, that is I also seeking incorporation.
 Cooperative Power Company. Hearings on both of these proposed corporations are to be held at Hart
 ford on Thursday. The proposed act l incorporating the Cooperative Power company is as follows:
 Section l. That P. l.. Harwood, Ar thur Adams and Edwin w. Higgins, together with such other persons as they may associate with them, be, and they are hereby, constituted a body polite and corporate by the name of the Cooperative Power company, with its principal office at Norwich. in this
 state, and by that name shall have power to sue and be sued, plead and be impleaded, in any court in this state;
 to make and have common seal, make bylaws, acquire and hold real and personal property; and to transact any business and enjoy any privileges and
 exercise any powers not prohibited by law to power companies.
 $5o,ooo Capitalization.
 Sec. g. The capital stock shall be five hundred shares of the par value of one hundred dollars each and may be increased from time to time there after by the directors of said company to an amount not to exceed one hun dred thousand shares of the par value of one hundred dollars each. The in corporators named in the first section of this resolution, or a majority Of them, may receive subscriptions to the
 capital stock at such time and place | and upon such notice as they shall think desirable, and may call the first
 meeting of the corporation at such time and place and upon such notice as they shall deem proper, at which meeting directors shall be elected to | hold office until the next annual meet ing, and any other proper business may be transacted.
 Sec. 8. The affairs of the corpora tion shall be managed by a board of directors consisting of such a number as the bylaws of the corporation shall prescribe. The directors shall appoint | such officers and agents of the corpora | tion as the bylaws may prescribe, and such other agents as they may deem best.
 Said directors shall have power to establish such agencies in this state l as they may see fit, and may also per- form such other acts and exercise l such other powers as they may deem expedient for the well ordering of 1 said corpora ton.
 All Kinds of Power.
 Sec. 4. Said company is hereby au- l thorized and empowered to make and 1 distribute power of any and all kinds, 1 whether by means of steam, water, | electricity, compressed air, or by any | other means now or that hereafter | may be known, for the purpose of l supplying and delivering the same to l incorporated and organized steam rail- i roads, street railway and any other l transportation companies, and electric 1 light, heat, and power companies in- l cludinS any municipality power and | lighting plants and to any other cor poration or individual that cannot se- cure adequate power from any oth-
 CT company or municipality, and tc
 purchase, acquire, take, hold, grant
 | lease, sell, convey, and dispose of any
 estate, real or personal, property
 rights, privileges, consents, ol
 franchises for the purpose of said cor