The herald., 1919-12-04
CHARTERS
CHARTER OF THE SOUTHERN JOB
BERS' SUPPLY COMPANY, INC.

n BERs' SUPPLY COMPANY, INC.
: United States of America, State of Lou
lSlana, Parish of Orleans, City of New
orleans. BE it known, that on this the
thirty-hrSt day of the month of October
In the year nineteen hundred and nineteen
! Q919) before me-. Asahel Walker Cooper
> notary public duly commissioned and
) qualified. in and for the Parish of Or
leans, State of Louisiana aforesaid, and
III the presence of the witnesses here
, matter named and undersigned, per
sonally came and appeared the sew
eral persons whose names are hereunto
subscribed, who severally declared that.
aValhns themselves of the laws of the
state OF Louisiana, relating TO CORPORA
lions, and especially Act 267 of 1914 they
nave covenanted and agreed to bind form
and constitute themselves, and do hereby
DIM form ana constitute themselves, as
Wen as all such other persons as may
hereafter join or become associated with
them, into corporation and body politi
IN law, for the objects and purposes and
under the stpulatiOnS following, tO-wit:
ARTICLE 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
| cesslon for a period of ninety nine years
unless soner dissolved in the manner pro-
vlded by law and by the articles of this
charter; and under such corporate name
II shall have power and authority TO con
|
n corporate seal. and the same to break
or alter ut pleasure; to hold, receive pur-
chase, convey, mortgage and hypOthpCate
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
| ana make and establish such bylaws
| rules and regulations for the corporate
mahaSement and control of its business
| ana affairs as may be deemed necessary
| and eXpedient to sell assign transfer
mortgage, pledge or otherwise dispose of
| ponds or other securities or shares of
! capital stock Of any other corporation or
| corporations, whether foreign or domestic
| ana TO own stock in any other corporation
| or corporations and to vote the same
| ARTICLE 1.-THE domiciIe of said
Corporation shall be in the City of New
] orleans, State of louisiana but IL NAV
| 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 III-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 |
| motors, electrical machinery, TOOLS spe- |
clalt1es, 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 |
nfail ola afrfa ,,Io
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 in any wise connected there
with. H
ARTICLE Iv-The capital stock of this
Corporation is hereby fixed at the sum of
hfty thousand ($5O,OCO) dollars, to be di.
vided 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 liked 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
worcestershire NJ |
stock shall be signed by either the Pres
ident or Vice President Treasurer and
countersigned by the Secretary.
ARTICLE V-AIl 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 a majority present in person shall
constitute quorum for the transaction
of all 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 4
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 di-
rectors may further constitute any other
one of said directors his general proxy
upon WnOm 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
In January, 1920. or until their
successors are duly elected, qualified and
The Board of Directors shall be elected |
at a general meeting Of the
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 a legal
holiday, then upon the next following lay
day, after fifteen days written notice
mailed to each shareholder at his last | L
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. A failure. however from /.
any cause, to hold the annual meeting of
or failure, to elect directors
thereat, shall not operate the forfeiture
Of this charter nor impair the Corporate =
but the directors then in \
office shall serve until their successors g
shall have been duly elected and qualified q
and installed. Any vacancy in the Board n