The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-27
CHARTERS
CHARTER OF THE SOUTHERN JOB
BERS' SUPPLY COMPANY, INC.

CHARTER OF THE SOUTHERN JOB
BERs' SUPPLY COMPANY, INC.
United States of America, State of Lou
iSiana. Parish of Orleans, City of New
Orleans. BE it known, that on this the
thirty first day of the month of October
in the year nineteen hundred and nineteen
(l919) before me, ASahel Walker Cooper
a notary public duly commissioned and
qualified i'll and for the Parish of or
leans, State of Louisiana aforesaid, and
in the presence of the witnesses here
matter named and undersigned, per
SOnally came and appeared the scy-
eral persons whose names. are hereunto
subscribed. who Severally declared that
awaiting themselves of the laws of the
State of Louisiana, relating to corpora
tons, and especially Act 267 of 1914, they
have cOvenanted and agreed to bind. form
and constitute themselves, and do hereby
bind form and constitute themselves. as
well as all such other persons as may
hereafter join or become associated with
them, into Il corporation and body politi
in law, for the objects and purposes and
under the stipulations following. tO-wit
ARTICLE 1.-The name and style of this
Corporation shall be Southern Jobbers'
Supply Company. Inc, and by said cor
pOrate name it shall have and enjoy sue
ceSSion for a period of ninety nine years,
unless sOner dissolved in the manner pro-
vided by law and by the articles of this
charter; and under such corporate name
ii shall have power and authority TO CON
tract, sue and be sued to make and use
a corporate seal, and the same to break
or alter at pleasure; to hold, receive pur-
chase, convey, mortgage and hypOthecate
property, real, personal and mixed; to is
sue bonds, notes and other obligations;
to elect and appoint such managers, Off
GERS, directors, agents and other EN-
plOyeS as the interest and convenience of
the corporation may require or demand,
and make and establish such bylaws,
rules and regulations for the corporate
management and control of its business
and affairs as may he deemed necessary
and eXpedient to SELL assign, transfer.
mortgage, pledge or otherwise dispose of
bonds or other securities or shares of
capital stock of any other corporation or
corporations, whether foreign or domestic,
and to own stock in any other corporation
or corporations, and to vote the same.
ARTICLE 1.-THE domicile of said
Corporation shall be in the City of New
Orleans, State of Louisiana, but it may
establish offices and agencies and conduct
business in any other state, territory or
dependency of the United States or in
foreign countries.
All citations or other legal process
shall be served upon the Vice-PreSident-
! Treasurer, or in his absence upon the
Secretary, and in the absence of both,
] then said process shall be served upon
| the President.
ARTICLE uI-The objects and pur-
| poses for which this Corporation is organ
| lied and the nature of the business to be
| carried on by it are hereby declared to be:
To manufacture, buy, sell and deal in
| either at wholesale or retail, and to eX-
port and import, erect and install electric
1 motors, electrical machinery, tools, spe-
| cialties, hardware appurtenances, poles
and cross, arms, electrical appliances, sup
plies, material and fixtures of every ma
! ture and kind whatsoever; to manufac-
ture, deal in, buy and SELL either at
wholesale or retail electrical plants
pipes, appurtenances and fixtures of every
nature and kind required in the electrical
equipment of buildings, and generally to
! do and perform such other business as IL
or may be necessary for the furtherance
| of any of the above named objects or
which may be incidental or germane
] thereto or "a any wise connected there
with.
ARTICLE IV-The capital stock of this
Corporation is hereby fixed at the sum of
| fifty thousand ($5O,000) dollars, to be di-
| yided into five hundred $500 shares Of.
! the par value of one hundred ($1OO) dol
| lars each, which shall be payable in cash,
or may be issued at not less than par in
payment of services actually rendered or
of property actually received by the Cor
poratiOn.
This Corporation shall be a going con-
Germ as soon as fifty per cent of the
| amount of its capital stock has been sub
| scribed for and fifty per cent of said
amount so subscribed for shall have been
paid in in cash.
| The amount to which the capital stock
| of this Corporation may be increased is
| hereby fixed at two hundred and fifty
thousand ($250,0O0) dollars.
| No transfer of stock shall be binding
upon the Corporation unless made and re-
corded upon its books.
All shares of stock shall be fully paid
and worcestershire and all certificates of
stock shall be signed by either the Pres
| ident or Vice President-T Treasurer and
| cOuntersigned by the Secretary.
ARTICLE v-An ae powers of this
Corporation shall be vested in and the
management and control of its business
and affairs shall be exercised by a oBard
| of Directors composed of not less than
three nor more than five shareholders
and majority present in person shall
constitute a quorum for the transaction
| of AN business. Any one of said directors
may attend any meeting Of said Board
of Directors by written proxy addressed
to any other one of the directors, who by
virtue of said written proxy shall be
| fully authorized to represent said absent
director and vote upon all questions sub
| mitted to said directors meeting In his
name. as fully and with the same validity
as if the said absent director were present
| and voting in person. Anyone Of said d.
rectors may further constitute any other
one of said directors his general proxy
upon whom notice of all directors meet
ings may be served.
| majority of the Board of Directors
voting at any time in person or by writ
ten proxy, shall be required to pass any
| resolution or adopt any bylaws which
when SO passed or adopted shall become
valid corporate acts.
The first Board Of Directors shall serve
until the election to be held on the last
Tuesday in January, 1920 or until their
successors are duly elected, qualified and
installed.
The Board of Directors shall be elected
annually at general meeting of the
stockholders to be held on the last Tues
day in January, 1920. and on the same
day and month in each succeeding year,
except when that day falls upon legal
holiday, then upon the next following lay
day, after fifteen days written notice
mailed to each shareholder at his last
known address, as the same shall appear
on the books Of the Corporation, and I'M
less such notice be waived in writing by
all of the shareholders appearing as such
upon the books failure, however, from
any cause to hold the annual meeting OF
stockholders, or failure to elect directors
! thereat, shall not operate the forfeiture
! Of this charter nor impair the Corporate
, management, but the directors then In
Office shall serve until their successors
, shall have been duly elected and qualified
and installed. Any vacancy in the Boart
i r. h.