The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-04
WIN. I. FORMENTO.


/, the undersigned, Recorder OF Mortgages,
in and for the Parish of Orleans, State OF
! Louisiana do hereby certify that the above
and foregoing Act of Incorporation of the
recorded in my office, in Book 1881, folio
70S.
New Orleans November q, 1912
Original signed) EMILE J. LEONARD,
by. X.
A true copy from the original.
VIM. J. FORMENTO,
Notary Public.
Dec 4-Jan. s
CHARTER OF CUFF STATES ELECTRIC
COMPANY, INC.
United States of America, State of Louis
lana, Parish of Orleans. Be it known,
that on this 3rd day of the month OF
November, in the year of our Lord, one
thousand, nine hundred and nineteen
(1Jly), before Inc, Watts h. Leverich, Il
notary public in and for the Parish of
Orleans, State of Louisiana, duly commits
stoned and qualified, and in the presence
of the witnesses hereinafter named and
undersigned, personally came and appear
ed the several persons whose names are
hereunto subscribed, all of the age of
majority, who declared that availing them
selves of the provisions of the laws of
this State relative to the organization of
corporations, they hereby form themselves
into and constitute corporation for the
objects and purposes and under the Stlpu-
latiOns hereinafter set forth.
ARTICLE 1.-The name and title of this
corporation shall be Gulf States Electric
Company, Inc, and under its corporate
| name it shall enjoy succession for the
term and period OF nine-nlne years from
and alter the date hereof, and shall have
power aud authority to contract, sue and
ne used, to accept and receive mortgages
pledges, or other hypothecatiOns; to make
ana use corporate seal and the same to
break and alter at pleasure; to purchase,
Receive, lease, hold or otherwise acquire
ana convey, as well as mortgage and hypo-
thecate, under its corporate name, prop
erty both real and personal; to borrow
money and make and issue bonds and
other evidences of debt, and to secure the
same by mortgages or other hypotheca-
tiOns: to accept mortgages, to name and
appoint such managers and directors, Off
GERS and agents, as the interest and con-
venience OF said corporation may require,
and to make and establish, as well as
alter and amend at pleasure such by -laws,
rules and regulations for the management
and regulation of the affairs of the cor
poratiOn, as may be necessary, proper or
convenient.
ARTICLE 1.-THE domicile of this cor
poration shall be at New Orleans, Parish
of Orleans, State of Louisiana and all
citations or other legal process shall be
served upon the president of the corpora
ton, or, in his absence upon the vice
president, or, in the absence Of both Of
those officers, upon the secretary treas
urer.
ARTICLE IfI.-The objects and pur-
poses for which this corporation is es-
tablished, and the nature of the business
to be carried on by it, are declared and
specified to be-
To purchase, own. or otherwise acquire,
hold, improve, develop. manufacture, OPP
crate maintain, repair, install, and gen.
or m n
gage, pledge. lease, hypothecate, or other
wise ALLEVIATE and handle for export or
import or domestic use or consumption,
real and personal property of every kind
or description, including particularly but
not restrictively. all kinds of machinery,
apparatus, supplies locomotives. engines
cars and motor vehicles, together with
the parts and accessories thereof in the
United States of America and any terri
tory, colony. dependency, or district there
Of and in any foreign country or coun
tries to the extent that same may be law
fully permissible.
To apply for, purchase. register, lease or
otherwise acquire to hold. own. use and
operate. and to sell, assign. or otherwise
dispose of, trade marks, trade-names, pat
ents, inventions, improvements and pro-
cesses used in connection with or secured
under letters patent of the United States
Of America. and of any territory. colony.
dependency or district thereof, and of any
foreign country or countries;
To purchase or otherwise acquire. hold.
own, sell, pledge and otherwise dispose OF
stocks. bonds. and other evidence of in
debtedness of any other corporation, do
nestle or foreign. and to issue in exchange
therefor its stocks, bonds or other obliga-
lions. and to exercise in respect thereof all
the rights. powers and privileges OF in
dividual owners, including the right to
vote thereon; and to aid in any manner
permitted by law any corporation or as
ISOLATION, domestic or foreign, OF which
any stocks, bonds or evidences of indebt-
edness are held by or for the Company,
or to do any acts or things desired to pro-
tect, preserve, improve or enhance the
value of any such stocks. bonds or evil
dences of indebtedness; provided, that
said corporation shall not be authorized
ito engage in the business of stock job
bling;
To engage in any other business SINH
lar in character to the foregoing and to
do anything necessary, suitable or proper,
which the Company may deem convenient
or. advantageous In connection with or IN
cidcntal to any of the foregoing purposes
and powers, or designed, directly or in
directly. to promote the interests OF the
Company or to enhance the value OF any
Of it's properties. and to have and enjoy
and exercise all the rights. powers and
privileges which are now or which may
hereafter be conferred upon corporations
organized under the general corporation
laws Of the State of Louisiana; provided,
however. that the corporation shall not
engage in any business nor do anything
except such as may be lawfully engaged
in or done by a corporation formed under
said general corporation laws Of the State
Of Louisiana.
ARTICLE Iv.-The capital stock Of this
CORPORATION is hereby fixed at four hun
bred thousand dollars ($4OOOO0.OO), to be
divided into and represented by four
thousand $4,000 shares of par value OF
one hundred dollars ($100O0) each, which
shalt be paid for in cash, or may be Is
sued for porperty actually received oy
the CORPORATION, or for services rendered.
the sum of two million $4,000 ,OOO.OO) dol
lars.
In the event that any stakeholder shall
desire to dispose of his stock, or any OF
1t, to an outsider, same must hrst be OF
fered In writing to the Board Of Directors
for the account of the other stockholders.
Said directors shall have five days within
which to purchase same for the account
of the other stockholders, at the best
price offered
ARTICLE VAN the powers of this
corporation shall be vested In and ex-
ercised by a Board OF seven (O directors,
each of whom shall have registered on
the books of the Company, In his own
name at least one ~ share of the capt.
tai stock. The Board shall elect from
their number a President, and may nke-
wise elect, but not necessarily from their
number, one or more Viee-Presidents,
Secretary, Treasurer, and such other
Officers as they may think proper or con-
venient for the carrying ON of the Com