The herald. [volume] (New Orleans, La.) 1905-1953, 1918-10-10
AMENDED CHARTER OF The INTER
STATE ELECTRIC COMPANY

United States Of America State OF Louis
iAnz- P2-sA q Orleans City Of New Or
leans Be II known. That on This eleventh
day Of the month Of July il the wear .;
our Lord one thousand nine hundred and
eighieen and u the Independence Of ihe
lniied States Of Ane-icz. the one hundred
reno. Notary Public. duly comm ssio1ej
and qualified. II and for this city and the
Pzrlsh Of Orleans. therein residing and IN
the presence 81 the witnesses hereinafter
nsIneo and Undersigned, personally came and
| appcsTed- PerczEsl Stern and Samuel He'll
nan, who declared that AZ > general meeting
| o. the stockholders Of the Interstate Elec.-Ic
| No1pany. corporation organized ~ an
sei passed before Joseph Lautenschlaeger.
| Notary Public, OF Nay Isl 1904 and amend
ed BY act passed before the undersigned
! Notary, February 3Eh. 1873 held al the OF
iiee Of the said Interstate Electric Company.
On tns hih day Of !uly, lSiS they were
elected respectively president and secrr-z-v
| OF She said Stockholders meeting As Wall ap-
pear BY q certified copy Of the minutes az
| said meeting annexed hereto for greater ref
e-enee- And that the said Perciysl S,e-n
As president and the said Sz-nuei HeN-.7
As secretary OF the said Stockholders meet
ing- we're authorized and empowered 70 ap-
pear before ne Tor the purpose Of amending
TIE said charter Of the Interstate ElecrrSc
Company: And the said sppeziers, as p-esi-
Gent and As secretary respectively Of the
sad stockholdcrs' meeting and acting in
sald capacities and on behalf OF sad coy
po-St0a by virtue OF the authority conferred
upoa them a. the general meeting OF said
stockholders. declared thz- Articles " and
Of The charter Of the said Interstate Flee
i-1e Company. passed before Joseph Lsuieu-
sehlaeger, Notary Public. on the first dzv of
May, 1904. snd amended by act before the
undersigned Notary. February 3Eh. 1914 has
been changed. altered and amended 70 read
a lis entirety as follows:
ARTICLE V.-The capital stock Of this
corpo-zts0a IS hereby fixed al S.Q60on d. |
Eided into four thousand, shares (soDl. al
the par valce Of slo00o each OF the shares
s1ihorsDec fifteen hundred l500) shares shall
. Preferred stock and twenty-five hundred |
$50 shares shall be common stock Each
snare o. the common and preferred stock
snail Dc entitled 70 one vote in person a. |
proxy a. ali meetings Of stockholders
Inc terms. c57diaons. limitations and mr.
Visions upon ~hseh said preferred stock il
ISSUED are these The holders the-euf sail /
Be entitled 70 receive on; OF the net u-,o;I,s
liked cumulative dividend Of eight per \
cent PER z1uul the 18th dsv OF Frfr--,
ary Of each year and the PR rsi-e az s,i5
preferred stock, with cumulative 8 ue- -.
dividends and Sax per cent interest On a.
rezrs from the time they become d-e. sA,;I 4
he paid n fall out OF the assets Of =. -
Psny II preference 10 the common s,o,k =
ne event Of any Liquidation Of the Conoz-v
whether through insolvency or the te--r;1.
hon % its corporate existence or zav o.L--
causes. before any dist-ibution Of ospitsi
shall ee made 70 the holders Of the common
stock The preferred stock. hoxeve-- sI.II
BOZ oe entitled 70 participate II zny oebr-
sr sooltlo1ai earnings OF profit Cn-iI 80
preferred stock has been retired m 6;r;5e-S
sail oe declared on the common s.ock -
p ~ dividends sad interest d. N -.
prs,erTeel stock have been actually paid and
1niess fnere is earned during tie n--x;o,~
- u<1ee s1e szo1nt Of such divi- |
,end exclusive q all dividends ps;d :, -.
referred sSoek during the fiscal res-
le1rs AFTER ITS issuance the company -
eaIe any or al Of the preferred s;oci ,
= P<soent q ne par value thereof ~
E seIIuiated dividends incladiag a pro -.
me dividend for the current wear ana - 4.
Gesi On oIvide,ds il arrears. If zox - - /.
NJ snail retire the same by making , IL
-. -, % sixty 90 days written demand 4
os1eI Of the preferred stock The oosD.1y :
AN nave me right 10 retire any or al q