The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-03

and under that name it shall have and enjoy
| all the rights, advantages and PRIVILEGES
| sIdH'ed by law 10 corporations; it shall exist
| LOT a period of ninety nine wears from, The
, ua'e neIe0i; 1t snail have power to contract
| sue and be sued in its corporate name. tn
| make and use a corporate seal and the same
| 10 pIeak or alter at pleasure; to hold re-
| eeife' purchase, convey, mortgage and nv.
| po'ieSdte property, real personal and mixed:
| - ISSUE ponds, notes and other obligations .
| 10 nave and employ such managers agents
ana other employees the interest and con.
Sehence Of said corporation NAV require or
ucinahd' and TO make and establish bylaws.
rules and regulations for the corporate man.
dsement and control OF the affairs of the said
pedient. VI IN
Article 3.-The domicile OF said corpora
ton shall be in the city of New Orleans
State OF Louisiana, and all citations and
o'her legal process shall be served on the
president, and in his absence on the vice
PRESIDENT OF the corporation, and in the alb
urer. VI 'S"S
Article 4.-The objects and purposes for
"H'NH thls corporation IS organized and the
nature "i the business TO be carried on by II
are hereby declared to be: to conduct a gen-
eTaI business for the collection of bIII,
notes accounts, rents and Indcbteduesscs OF
any nature Whatsoever: TO make mercantile,
reports on the credit and standing Of iudi-
NldualN, hrmS and corporations: 10 acauir,
oy purchase. or otherwise, and to own and
Sc. mercantile accounts, notes. chooses IN
action Judgments, real estate and other kinds
pi property.
To procure skilled and unskilled labor. ser.
wants and clerks for individuals. partner.
Sh'PN OF corporations; 10 engage in the real
estate business as agents, to buy, sell and
rent real estate generally; 10 conduct a gen
tIdL advertising business for account Of in
alElduais, hrnI> and corporations: to carry ON
publicity work OF all kinds and descrIptiops
.II me purpose OF developing and promoting
INC business and concerns OF those contract
ing with tins corporation: to exploit their
enterprises, efforts or undertakings. and to
90 all things necessary, proper and incidcn.
tal 10 successfully carry on the above men
TONED objects, This corporation Is author
ized TO establish branches or subsidiaries
anywhere in the United States.
Article 5.-Ihe capital stock of this cor |
Poratlon Is hereby liked at the sum of five
thousand dollars G5,Oc0OO, and the said
corporation Is authorized TO increase said /
capital stock to the sum OF fifty thousand dol |
lars tSSO,WJOOI, divided into shares of the |
par value OF twenty-five dollars (S25OOl per |
snare, which shall be paid for in cash, or |
may be ISSUED at not less than par for ser.
wee rendered to, or property actually Dur. |
chased, or acquired by said corporation
All shares OF stock shall be full paid and |
non-assessable. No transfer Of stock shall |
De binding upon the corporation unless made
upon its books. The corporation shall be a
going concern and shalt be authorized 10 com.
nence business when twenty-five hundred
dollars tS2,DoOO OF the capital stock shall
lave been subscribed, and when twelve hun |
lred and fifty dollars $l.25OOO) of the said
,apital stock shall have been actually paid
or.
Article 6.-All the corporate powers of this
company shall be vested in and exercised by
board OF directors, composed of not more
nan seven and not less than three stockhold-
RS the majority Of whom shall constitute a
uorum tor the transaction of all business
he first board of directors OF this corpora-
elected on OStb A., % | /
ebruary, nineteen hundred and sixteen and | ,
hereafter said directors shall be elected an. |
ually on the third Monday in January OF ,
aCh year, by ballot OF the Stockholders Each {
shall be entitled, in person or by
'ntten proxy, TO one vote on each share OF T
took standing in his name on the books of a
ne company. All elections shall be held
nder such rules and regulations as NAV be | 2
etermined by the board of directors, but I
tter at least ten days notice of such cleo ;
ION shall have been given to each stock 7
Older, at his last known address, or by pub n
cation in one of the daily newspapers pub 7
shed in the city of New Orleans, for at +
asst three times in ten days preceding such Il
lection. {,
The directors thus elected shall continue in
nee Tor one year. or until their successors c
lall have been duly elected and qualified V
o failure TO hold election shall be re- e
irded as forfeiture of this act of incor- il
1ratlon: Any vacancy occurring on said h
oard OF directors shall be filled by the re- p
"
Said board of directors shall, at its first
Getting, select from its number a president
Nlce-presldent, secretary treasurer or | b
I'm, who need not be stockholders. The +
nee OF secretary or treasurer may be COM v
med with that of any other office, in the
secretion OF the board. Said board of di-
ctors shall have the right and power to
point and dismiss all managers, agents ana il
her employees of the corporation, includ
& the secretary, or treasurer, who NAV not a
stockholders, as conditions may Justify c
the business of the corporation may re- II
lire. II
Article NO stakeholder shall ever he
Id liable or responsible for the contracts
ults or debts of said corporation, nor shall
ere intormality in its organization have the
tect of rendering this act of Incorporation fe
Ill, or OF exposing any stakeholder to liza
lily beyond the unpaid balance due on the =
ares Of its stock owned by him
Article 8.-This act Of incorporation may
changed modified or altered, or this cor
ration may be dissolved with the assent y
the stockholders owning a majority of the
Dck OF the corporation, at a general meet
g convened for that purpose, after at least
4 days notice shall have been given to r.
oh stakeholder, in the manner and form
escribed in article of this act of incorpo-
ton. In of the dissolution of this
mpany by the expiration of its act of in IN
rporation, or otherwise, the stockholders Il
all elect three liquidators from among their an
mber at the meeting which decides to IL of
idate, and settle the business and affairs | he
the company. In case of the death or in M
ility to act, of any commissioner or &gui- an
tor, the survivors shall appoint a success DR.
Thus done and passed at my Office in the ne
y of New Orleans, on the day, month and su
ar herein first above written, in the pres av
&c of II. W. Kaiser anu L. p. O'Dowd la,
IN of this city, competent witnesses, who tn
We hereunto signed their names with the la
d appearers, and me, notary, after due err
ding of the whole. i9l
,igned: c. c. Sandoz, one hundred shares, do
5000; f. L. Marley, one share, $500; an
w. Sordelet, one share, $500. su
Witnesses: H. W. Kaiser, L. P. O'Dowd. as
gned) MARTIN II. MANION, Not. Pub a
the undersigned, recorder of mortgages, oh
the parish of Orleans, do hereby certify tic
t the above and foregoing act of incor-
alton of Public Service Co., Inc," was
S day duly recorded in my Office, in book POI
5, folio l23. New Orleans, January %, 1916. Co
Signed EMILE J. LEONARD, by. R. as,
true copy. an
MARTIN II. MANION, Not. Pub. nil
3 10 u "a march 2 9
sh;
cit