The herald., 1917-06-07
Nav 10, 1911.
CHAR TER
OF ELECTRIC SERVICE COMPANY, N.
CORPORATED


United State, of America, State Of Loui,i.
and, Parish Of Orleans, City Of New Or
leans.
he i: known. that on this tenth dav Of
the month Of May, in the year Of our Lord.
one thousand nine hundred and seventeen
lPlT) before me, Charles Theodore S,arkcv,
notary public, daily commissioned and quail
med, IN and fnr this city and the Parish Of
Orleans. therein residing, and in the pres
euCc Of the witnesses hereinafter named and
undersigned. Personally came and appeared.
The several persons whose names are here
unto subscribed, who Seycrally declared that
availIng themselves OF the benefits and pro-
VISIONS OF the constitution of the State OF
Louisiana and OF the laws Of said State
relative to the organization OF corporations
and particularly OF the provisions OF Act No
Do Of the General Assembly Of the State OF
louisiana for the year 1914 they have united
to form, and do, by these presents, form and
organize themselves, as well as all such other
persons VINO may hereafter join or become
associated with them or their successors, into
a stock corporation Tor the objects and pur-
poses and under :he covenants, stipulations
and agreements following, to-wit:
Article The narSe and title of this cor
pora;Ion shall be Electric Service Company.
incorporated, and uHder and by said name
unless sooner dissolved III accordance with
law and this charter, il shall exist and con-
unue. and shall have and enjoy corporate
existence and succession for a period OF
ninety-nlne t9) years from and after the
date OF this act. Il may have. hold, receive,
borrow, lend, exchange, acquire by grant.
GIT or purchase. devise bequest, sell,
ALLEVIATE, dispose OF, convey, lease pledge
pawn. hypothecate, cucumber or mortgage
property OF any kind. whether real, personal
or mixed, CorpOreal or incOrporeal,, movable
or immovable, all subject 10 such limitations
as may be prescribed by law. 1t may make
issue and endorse bonds or notes and other
evidences Of debt. Ii may accept MORTGAGES.
PiedgeN or other forms OF security for money
loaned or other debts. II may contract, sue
and be sued, plead or be impleaded by its
corporate name in any court Of competent
jurisdiction. Il may make. adopt and use
a corporate seal and alter the same at pleas.
ure, It may hold stock in other corporations
and its capital stock may be issued for can.
ital stock III other corporations. Ii NAV
name, appoint and employ such managers,
directors, othcerS, agents and other employees
as It's said business and convenience may
require, and may fix their compensation hay-
ing due regard TO the nature, character and
value OF their services. Il may make and
establish bylaws, rules and regulations not
inconsistent with this charter or any exist
ing law, fixing or altering the management
OF ITS property, the regulations and govern
ment Of its affairs, and the manner of the
ceruhcdtlOn and registration of its stock. 1t
may wind up and dissolve itself, or be wound
up and dissolved in the manner prescribed
by law. 1t may conduct business in this
state. other States, the Federal Districts
the Territories and Possessions OF the United
States, and any foreign country 1t gencr-
ally shall possess ali the powers rights
privileges and immuniteS which corpora
tons are and may hereafter be au horned
10 possess under the Constitution and Laws
Of this State, and particularly under Act
No 1bI OF the Acts Of the General Assembly |
OF the State of Louisiana for the year 1914; |
and It shall have the power to invest its
board of directors with all Of its corporate
powers, subject to such restrictions as may |
be named in the charter.
Article IT.-The domicile Of this corpor- |
alton shall be the City OF New Orleans. Par |
ish OF Orleans. State OF louisiana, and all /
citations or other legal process shall be |
served on it, president, or in the event Of
hls absence, upon the first vicc-presdent. |
or in the event Of the absence of both OF |
SAID officers, upon the secretary.
Article lll.-The objects and purposes for /
winch this corporation is organized Is 70 ,
engage in the general business OF dealing /
buying and selling electrical supplies, auto |
OF batteries and other electrical apparatus, /
and generally to do any and all things in !
any wise connected with the electrical or |
automobile supply business
Article IN.-The capital stock Of this cor |
poration is hereby fixed at the sum Of six |
thousand 5000 dollars, divided into two |
hundred and forty (24O shares of he par |
value OF twenty-five (S25l dollars each. OF |
such total authorized capital stock one hun |
dred and forty Q+) shares of the par value !
ot twenty-five C25) dollars each, amounting |
to thirty-fve hundred $500 dollars. shall |
be preferred stock. and one hundred 900 |
shares OF the par value OF twenty-five C25b |
dollars each, amounting TO twenty-five hun |
dred $500 dollars, shall be common stock. |
The capital stock may be further increased |
up to the sum Of one hundred thousand |
t$lO'.ocM dollars, and all proceeding, for |
the increase or decrease Of the capital stock /
shall be conducted in accordance with the |
laws OF this State.
Both the preferred and common stock shall !
have the same voting power in the election 1
Of officers and at all elections requiring the |
voting Of stock. This corporation shall com |
mence business as soon as five thousand |
$1,000 dollars Of its capital stock shall have /
been subscribed for, and one hal; thereof |
paid
The stock shall be paid in cash at the time
Of subscription, or the same may be issued /
al not less than par, in payment or exchange |
Tor property or rights actually received or
by said corporation, or the same
may be issued, full paid, for money advanced |
and for such other valuable consideration
or services the board OF directors Of said |
may determine; provided, that
no stock shall be issued until the consider
alton therefor has been received by the said
The preferred stock shall be entitled, out