The herald. [volume] (New Orleans, La.) 1905-1953, 1917-06-21
May 10. 1917.
CHAR TER
OF ELECTRIC SERVICE COMPANY, IN.
CORPORATED.

United State, Of America. State of Louisi-
and. Parish Of Orleans, City OF New Or
leans.
Be it known, that on this tenth day of
the month Of May, IN the year OF our Lord,
one thousand nine hundred and seventeen
lYTD before me, Charles Theodore S:arkey,
notary public, duly commissioned and quail
med, in and far this city and the Parish of
Orleans, therein residing, and in the pres
euce OF the witnesses hereinafter named and
undersigned. Personally came and appeared:
The several persons whose names are here.
unto subscribed, who seyerally declared that
avalliug 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
Dol Of the General Assembly of the State OF
Louisiana for the year 1914. they have united
10 form, and do. by these presents, form and
organize themselves, "a well as all such other
associated with them or their successors, into
a stock corporation Tor the objects and pur-
pose, and under the covenants, stipulatons
and agreements following. tO-wit:
Article 1.-The naae and title Of this cor.
poratiou shall be Electric Service Company,
incorporated. and uHder and by said name
unless sooner dissolved in accordance with
law and this charter, II shall exist and con-
time, and shall have and enjoy corporate
existence and succession for a period OF
ninety nine t99D years from and after the
date % this act. 1t may have, hold receive.
borrow, lend. exchange acquire bv grant,
git or purchase, devise or bequest, sell,
ALLEVIATE, dispose OF, convey, lease, pledge,
pawn. hypothecate, cucumber or mortgage
property of any kind, whether real, personal
or mixed, corporeal or lncorporeal,, movable
or Immovable, all subject to such limitations
As may be prescribed by law. II may make
issue and endorse bonds or notes and other
evidences OF debt. 1t may accept mortgages,
pledges or other forms OF security for money
In ned Of ha- 4A.aisf
and be sued. plead or be implicated by its
corporate name in any court OF competent
Juri SdiCtiDn. II may make, adopt and use
a corporate seal and alter the at pleas.
IRE, J; may hold stock in other corporations
and its capital stock may be issued for cap
Ital stock i'll other corporations. II may
name, appoint and employ such managers,
directors, officers, agents and other employees
as IL said business and convenience may
require. and may nix their compensation. hav-
ing due regard 10 the nature, character and
value OF their services. 1t may make and
establish bylaws, rules and regulations not
inconsistent with this charter or any exist
ing law. fixing altering the management
OF its property, the regulations and govern.
ment OF its affairs. and the manner of the
cerihcatIon and registration of its stock. 1t
may wind up and dissolve itself, or be wound
up and dissolved in the manner prescribed
by law. II may conduct business in this
State, other States, the Federal Districts,
the Territories and Possessions OF the United
NIdtcn, ana any foreign country. IL gcNeT-
ally shall possess all the powers, rights,
privileges and immuuitieS which corpora
tons are and may hereafter be authorized
TO possess under the Constitution and Laws
Of this State, and particularly under Act
NJ. POI Of the Acts of the General Assembly
Of the State of Louisiana for the year 1914;
and II shall have the power to invest its
board Of directors with all OF its corporate
powers, subject - such restrictions as may
be named in the charter.
A-.-rl. -Tba J,,,T~;Ia Of r,-nor-
alton shall be the City of New Orleans, Par
iSh OF Orleans. State Of louisiana, and all
citations other legal process shall be
served on its president, or IN the event Of
or in the event OF the absence OF both OF
said officers. upon the secretary.
Article IIG.-The objects and purposes fer
which this corporation IS organized IS 10 /
engage IN the general business of dealing,
buying and selling electrical supplies, auto
mobile supplies and accessories, the repair
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
pn-ation Is hereby fixed at the sum Of six
thousand 5000 dollars, divided into two
value OF twenty-five C25D dollars each. OF
such total authorized capital stock one hum
dred and forty 0+O shares Of the par value
Of twenty live (S25D dollars each, amounting
be preferred stock. and one hundred tlO0
shares OF the par value OF twenty-five tS25)
dollars each, amounting 70 twenty-five hun
dred (s25NW dollars, shall be common stock.
The capital stock may he further increased
up % the sum OF one hundred thousand
$4,000 dollars. and all proceedings Tor
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
Of officers and al all elections requiring the
voting OF stock. This corporation shall com.
menCe business as soon 1--WE thousand
5000 dollars Of its capital stock shall have
been subscribed for, and one-hali thereof
paid
The stock shall be paid in cash a: the time
Of subscription, the same may be issued
al not less than par, in payment or exchange
for property or rights actually received or
purchased by said corporation, or the same
NAV be issued, full paid. for money advanced
and for such other valuable consideration
or services as the board of directors OF said
corporation may determine; provided that
stock shall be issued until the consider.
alton therefor has been received by the said
corporation.
The preferred stock shall be entitled, out