The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-29
CHAR TER

...'.... -. 'I-.' L. ~ ~ .'"s y
CHARTER
.oE SOUTH NEW ORLEANS LIGHT AND
TRACTION COMPANY.
at.ci STATE, ui America, state OF LDu.sl-
ana. Parish Of Orleans, Cry OF New pr-
leans.
BE i, known. tina, Oh ,hi, 15rd day Of
March. ~ the year oi our Lord, one thousand
u.nc hundred and seventeen u9LI and Of
.hc independence Ji the United States Of
America, tAc one hundred and forty
before mc, Arthur b. Leopold, notary pub.
Jos, day -.,ul~>l0ucd and quaHaed, ~ and
for tht city u New Orleans, Parish Of Or
leans. therein residing, and IN the presence
u the Witnesses hereinafter named and I'M
Ier~ gucd: Personally came and appeared:
The sCyera! persons whose names are here
unto subscribed, who >evcraly declared that
-yailluS themselves Of the laws 81 the Stale
f Louisiana, III such cases made and pro
vldcI, they do, by these presents, form
themselves. their successors and assigns. INTO
q corporation under the following s;lpula-
ti0ns:
Article 1.-The name Of this corpa-a,Ion
shall be South New Orleans Light and TTac-
tiOu Company, by which name said corpora
tiDu shall have and enjoy corporate exist
enCe and succession Tor the term Of ninety
nine (o1) years, from and after the date
hereof, unless sooner dissolved according to
law; and lis dJmIcIle shall be in the City
pt New Orleans. Il shall have power to
contract. sue and be sued. 10 make and use
a corporate seal, and the same 10 break and
purchase, sell and convey. well mort
| at plede and hypothecate, under its cor
porate name, property. both real, personal
and mixed; 20 borrow money and lend
money, 70 give and receive securities there
| for, 10 name and appoint such manaers, dl
-cctors and OtnCerS as the interest and CON
ven'enee OF SAID corporation may require;
| - make and establish such bylaws, rules
and reulauons may be necessary and
| proper, and the same To alter and amend at
| pleasure.
Arule II.-All citations and other legal
process shall be served on the president Of
| SAID corporation, and in OF his absence
| upon the yIce-pressdent, or the secretary
| treasurer thereof.
Article III.-The objects and purposes Tor
| which this corporation Is organized and es-
| tabllShed, and the nature OF the business TO
| be carried on by II are declared to be as
| follows:
| t. locate. construct, maintain, own, lease,
| operate and manage. railroad or railroads Of
| the character known as street, urban, inter
| urban. suburban railroads. street railways,
| and tramways, with necessary side tracks,
| elevators, warehouses, terminals, track con-
| nectlons, poles, wires, etc, and TO that end,
| 20 acquire, purchase, lease, hold and own,
| street railways, urban, interurban and sub
| urban, railways, and tramways, rights of
| street railway and tramways, whether urban,
| lnterurban suburban. and whether COM
| pleted or uncompleted, IN this State or else
| where, TO construct. maintain and operate
| the same and to all and any appliances,
| contrlvanccS, motor power, electricity, gaso-
| line, gas or any other motive power, the use
| Of which i or may hereafter eb recognized
| and adapted tor such railroad or railroads,
| street railways or tramwdyS, and which is
| necessary and suitable to operate the same
| also TO acquire, construct, own, hire, lease,
| rent and operate and use ferries and vessels
| IN connection with, or as auxiliary, or that
| may be necessary to said railway and tram
| way system and the business thereof and
| 10 construct and establish, purchase, lease,
1 Lou. So,
| trIcal plants and works for the purpose OF
| supplying motive power to said railroads. and
| electricity for light, power and heat and all
| purposes 10 railways and railroads, and the
| general public, and TO towns and cities, and
| the inhabitants thereof and to any and all
persons and corporations; to lease, or sell
its lines OF railroad, in whole or in part or
any OF It's facilities, rights of way, fran
| chiSeS. privileges, or appurtenances TO other
| companies; To lease other street railways and
tramwayS, whether urban, interurban, OF
suburban IN whole or IN part, either within
| or without the State of Louisiana; to pur.
chase, merge or consolidate with other rail.
way companies or corporations, chartered un
/ der the laws OF the State of Louisiana, OF
any other State; to acquire by lease OF
purchase, rights Of way, privileges, anC
franchises, for electric wires, wires, poles anC
electrical plants, complete and incomplete
and the same to build, complete. manage
operate, maintain, lease, sell, ALLEVIATE, OF
dispose of.
In furtherance of the above objects anC
purposes TO purchase. acquire, hold, pledge
hypotheCate and dispose OF stocks and bonds
and other evidence OF Indebtedness, of stree
| railway and tramways, electric light power
heat and light companies, of the character
hereinabove described. and in respect of an,
and all Of such stocks and bonds, to posses
and exercise all the powers OF ndividua
holders thereto, including the right 10 vot,
thereon, and generally to hold and exercis,
all such incidental powers and privileges al
relate to the business and purposes herein
~ l. &.
by law upon this company companies o
similar character; and to do any and al
things necessary and proper to carry gu
the business and purposes Of this corpora
ton, herein stated and set out withou
further authorization from the shareholders
Article IN.-The capital stock OF this cor
poIatlon is fixed at three hundred Thousand
dollars lS500OC0 represented by three thou
sand t5,NU) shares OF one hundred dollars
$4,000 each.
Article N.-All corporate powers of thi'
corporation shall be vested in board o
directors to be composed of not less thar
three CD. and not more than seven %, per
sons, each Of whom shall be the holder o
at least one share OF the capital stock o
this company, three OF whom represented
either in person or by proxy. shall constitut
a quorum for the transaction OF all business
Any director. in his absence from any meet
~ Of the board Of directors. shall hav
power 10 appoint in writing another directo
as his proxy, with full power 10 act in hi
| stead at such meeting. he directors shall
be elected annually by ballot by the holder
Of the stock the first Monday of Januar,
Of each year, beginning on the first Monda
Of January, 1918 Such elections shall b
held and conducted at the Office Of the com
/ pany, under such regulations as may
{ made by the board OF directors.
r Notice OF such meetings and all othe
: stockholders meetings, shall be given in
, manner required by law, and where not s
required, then previous notice Of such meet
ings shall be given in writing, mailed I
each shareholder at his last known post