The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-10
ARTICLES OF INCORPORATION
PUBLIC SERVICE CO.. INC,
ARTICLE I.

month Of January in the - "a OF the
n."e hu.dred and sixteen. before me SS fI.d
,,,;ssitr,ISi tnlgh, notary public, duly corn.
-lGS'ohed and qualified in and for ti;s -,
ana the parish Of Orleans. therein ms sCIty
- L" lIe presence OF the witnesses be~s;a'
"IlSg named and undersigned, persona sii,,
| -Hi"e me persons whose names are bera,,,,.yy
subscribed, who declared tbat ,ra;i; heIguilto
| >eI.e' OF the provisions of the laws ~ 81;
| s'a'e fSiatlEe 10 the organization ~ co-, go.
! -, '"ey nave covenanted and agreed snd
~, ,"y these presents, covenant and go
| bInd' form and constitute Themselves asIee;
~ Su'h other persons as NAV here.f,a 80" -
OF become associated with then, irto !oiIi
rI2;;l,.o" ana body polite in law ard for The
| IJr.'S ana purposes, and under the 80
MsntS and supulations following to-,r;ts
Article The name and title of ,b;s o,-
! o'H'IDn shaIl be Public Service Co In +"
1mT1 u"uer mat name It shall have and eniov
! al me rights, advantages and n-;IaJ oy
! k'dh'el by law to corporations: II shin IS,
| 'oI d period OF nIucty-niue wears ~, -
uale hereof; 1t shall have power IN rH,t-, '..'
! sue ana be sued in its corporat- -.
! ."'Se ana use a corporate seal, and the ssrne
! 20. "fedk or alter at pleasure: Ia hill 80
! I've purchase, convey, mortgage AMI g.,
! t''.''N"le property, real, personal and ri~ei.
| ~ 80 o,Iu,' notes and other obligations;
~ I've ana employ such managers agents
| a''u o'her employees as the interest aud -
yenieuCe OF said corporation NAV r.n,,i-a "a
u5,.A'H, ana TO make and establish bylaw.
/ rules and regulations for the r,-r,,r,,s w.
asement and control Of the affairs If ~ ',.a.'
company may be deemed necs,, "a me Said
/ pcdient. ,S'"'g OF eN-
ArtiGle 3.,-The domciIe of said cornor,.
uon shall be IN the city of ~ HrIl 'on"'
state Of Louisiana, and ali cit,tiar. a,,i
"'heT !,sa! process shall be served an the
/ president, and IN his absence on The -
,.g,,neHl OF me corporation, and in the al
s1n,e Of the latter on the secretary or tre5s.
Article 4.-Thc objects and PURPOSES ,,-
-, -. ~ Po'a'ipH IS organized and the
. ia, ~ tA9 business to be carried on bv il
are, he'eby declared 10 be: % conduct a ger.
eFal business for the collection nj Iii.
notes. accounts, rent, and indclrefne...s =;
any nature whatsoever; 20 make mercantile
,.iI.,,rr o.. ,he STedit and standing OF indl.
'.""'t'' Hi"N and corporations: - gcguire
'', f"'ShA'c' Or otherwise, and 10 own and
sen mercantile accounts notes r',,.a. 49,
"s'oh, judgments, real estate and other kinds
~ property. MINUS
II procure skilled and unskillcd I,b,r SOC.
wants and clerks for individuals, partner.
H".f' " Op'p'fdhon>' TO engage IN the real
-" BUSINESS as agents, to buy sell and
rent real estate generally: to conduct O.
erdI advertising business for accourt ~ -;
uIEidudIS, hrms and corporations: TO carr, ~, |
puDhclty work OF all kinds and desrrintio,s
~ Iie purpose 81 developing and promoting /
'Ie business and concerns OF those contract. !
ing with this corporation: to explo,- tEe;- |
enc priSes, effort, or UNDERTAKINGS and ia (
90 an things necessary, proper and iuciden. /
%" ~ 70 STSVc>'iu'Iy carry on the above men.
lIed to establish branches or subsiH;s-;.s
anywhere IN the United States
Article 5.-Ihe capital stock OF this cor
PoratIon Is hereby fixed at the sum Of 1--WE
thousand dollars $4,000, and tbs IVY
corporation Is authorized to increase s3iJ
capital stock 10 the sum Of fifty thousand JnI.
lars 'S9O'WOoOl, divided into shares OF the
par value of twenty five dollars tS15 NJ, ne |
snare, which shall be paid for i'm cash ar |
may be issued at not less than par for ser.
vice wee rendered to, or property actually pur.
chased or acquired, by said corporation.
All shares Of stock shall be fiil paid and
worcestershire. No transfer of stock shall
DC DlhdlhS upon the corporation unless made
upon ITS books. The corporation shall he =
going concern and shall be authorized to com
mence business when twenty-five hundred
dollars tS2,5UOOD Of the capital stock shall
have been subscribed, and when twelve hun
dred aud nifty dollars (Sl,25OGO Of the said
capital stock shall have been actually paid
Article 6.-All the corporate powers of this
company shall be vested in and exercised nv .
a board Of directors, composed of not more
man seven and not less than three stockhoId.
-IS' the majority OF whom shall constitute I
quorum Tor the transaction OF all business !
l ne hrst board Of directors of this CORPORA. {
non shall be elected on Monday, 18th dav OF ,
,ebruary, nineteen hundred and sixteen, and q
hereafter said directors shall be elected an. | I
1ualIy on the third Monday in January of | :
zach year, by ballot of the stockholders Each :
'tockhoider shall be entitled, in person or by a
tOck standing in his name on the books OF |
ne company. All elections shall be held -
inder such rules and regulations as NAV be | :
determined by the board of directors but :
Iiter at least ten days notice of such cleo .
ION shall have been given to each stock :
folder, at his last known address, or by pub .
Ication IN one OF the daily newspapers pub.
ished IN the city OF New Orleans, for at =
east three times in ten days preceding such =
lection.
The directors thus elected shall continue in +,
thce tor one year, or until their successors =
hall have been duly elected and qualified =
>o failure to hold an election shall be re- i
arded as forfeiture of this act of incor- :
Grafton: Any vacancy occurring on said a
oard OF directors shall be filled by the re- :
naming directors for the unexpired term.
Said board of directors SHALL at its first !;
leetIng. select from its number a president, .
yice-president, a secretary treasurer. or !,
9th, who need not be stockholders. The :,
fhce of secretary or treasurer NAV be com. y
ined with that of any other office, in the u
secretion of the board. Said board of d. II
ectors shall have the right and power to | :,
ppoint and dismiss all managers, agents and n
ther employees OF the corporation, incud- :.
e stockholders, as conditions may justify ~
the business of the corporation may re- n
lre. -
Article NO stakeholder shall ever be -
ED liable or responsible for the contracts Il
Iults or debts of said corporation, nor shall II
ere intornalty IN its organization have the \
feet OF rendering this act OF Incorporation \,
all, or of exposing any stakeholder to liza Ia
lity beyond the unpaid balance due on the 4,
lares OF its stock owned by him. II
Article S.-This act of Incorporation may IT
changed, modified or altered, or this cor ~
,raton may be dissolved with the assent =;
the stockholders owning majority of the
Ock of the corporation, at a general meet
& convened for that purpose, after at least sc
n days notice shall have been given TO nj
ch stakeholder, in the manner and form 10
escribed in article 6 of this act of incorpo- Sl
tiOn. In of the dissolution of this IL
mpany by the expiration of its act of in pa
operation, otherwise, the stockholders
all elect three liquidators from among their or
lmber at the meeting which decides TO Ii by
date, and settle the business and affairs m,
the company In case of the death or in da
1lity to act, of any commissioner or hqui- no
tor, the survivors shall appoint a success in
r. kr
Thus done and passed at my office in the tic
~ OF New Orleans, on the day, month and ca
ar herein first above written, in the pres
&c of II. W. Kaiser anu l.. 7. ODowd liza
tn of this city, competent witnesses, who ia,
We hereunto signed their with the TIL
id appearers, and me- notary, after due on
aiding of the whole. sh
signed: c. C. Sandoz, one hundred shares, ha
$1,000; f. l.. Manley, one share, $500; or
W. Sordelet, one share, $500. tn;