The herald., 1919-12-11

United States of America, State of Louis
lana, Parish of Orleans. BE ii known,
that on this Bird day of the month of
November in the year of our Lord, one
thousand, nine hundred and nineteen
C9lJ), before Inc, Watts X. Leverich,
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 4 corporation for the
objects and purposes and under the stipu-
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-nine years from
and after the date hereof and shall have
power and authority to contract, sue and
be used, to accept and receive mortgages,
| pledges, or other hypOthecationS; to make
and use Il corporate seal and the same to
break and alter at pleasure; to purchase,
receive, lease, hold or otherwise acquire
and convey, well as mortgage and hypo-
| thecate under its corporate name, prop
| erty both real and personal; to borrow
|
other evidences of debt, and to secure the
same by mortgages or other hypotheca-
tionS; to accept mortgages to name ana
| appoint such managers and directors, OIL
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 bylaws,
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 III-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
| orally deal in and with. and to sell, mort
| 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 restrctively. 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 OF
otherwise acquire. to hold. own, use and
operate. and to sell, assign. or otherwise
dispose of. trade marks. trade-nameS, pat
entS. inventions, improvements ana 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
dpbtedness of any other corporation, do
| nestle or foreign. and to issue in exchange
y | therefor its stocks. bonds or other obliga
| tionS. and to exercise in respect Thereon al
the rights. powers and privileges OF IN
dividual owners, including the right tc
vote thereon; and to aid in any manner
permitted by law any corporation or as
ISOLATION, domestic or foreign, OF Whici
any stocks, bonds or evidences or 1ndept
edness are held by or for the Company
or TO do any acts or things desired to pro
! tect preserve, improve or enhance I'M
value of any such stocks, bonds or owl
| dences of indebtedness; provided, ina
. |
to engage in the business of stock Job
bling;
To engage in any other business S1m1
lar in character to the foregoing and u
do anything necessary, suitable or proper
which the Company may deem conven1en
| or advantageous in connection with or III
cidcutaI to any of the foregoing purposes
and powers. or designed, directly or IN
directly, to promote the interests OF TN
Company or to enhance the value OF an!
nrtin nd
and exercise all the rights, powers aht
privileges which are now or which ma!
hereafter be conferred upon corporations
organized under the general corporatloi
laws of the State of Louisiana; provided
however, that the corporation shall no
engage in any business nor do anyth1ns
except such as may be lawfully engage
in or done by a corporation FORMED unue
said general corporation laws OF the stat
of Louisiana. -.
ARTICLE IV.-The capital stock of thi
corporation is hereby fixed at four nun
tred thousand dollars O0,0O0O0), TO o.
thousand $4,000 shares of par value 0
one hundred dollars (S1OO.O0) eacn, Whlcl
| shall be paid for in cash. or may De Is
, sued for porperty actually received .;
the corporation, or for services re1u l',r =
The CAPITAL stock may be increased up Z
the sum of two million ($2,0OO, OOOOO) DOL
lars
In the event that any stakeholder shal
, desire to dispose of his stock, or any Q
it. to an outsider. same must nrst De vi
| fered in writing to the Board OF director
for the account of the other stockholders
, Said directors shall have ten days W ltnI
which to purchase same for the accoun
! of the other stockholders, at the bes
price offered.
ARTICLE y.-All the powers of TIL
corporation shall be vested in and ex
ercised by a Board of seven (O directors
each of whom shall have registered o
: the books of the Company, in his ow
name at least one "a share of the capl
: tai stock The Board shall elect troI
their number a President, and may IKE
! wise elect, but not necessarily from thel
number, one or more Nice-Presldehts,
Secretary, a Treasurer, and such othe
ofricers ms they may think proper or con
yenient for the carrying on of the Com
pany's business, and shall have power
{ mite two or more offices and the sam
To confer upon one person, or TO dlspens
with any office in the discretion or On
=. Directors and to fix the salary OF all on
!. GERS, agents and employees. The Boar
i, of Directors shall be elected annually
4 fro first legal day of December OF eac
S wear. the first election to be held In IN
= wear 1920. All such elections shall pc
ballot at the office of the corporaIiol
e Notice of the annual meeting. as wen
| of special meetings of stockholders, sha
he given by written notice mailed at leas
fifteen DAYS in advance of the date
, such meeting to each stakeholder appear
ing as such on the books of the CON
r pany. at his last designated address,
Mt the General Delivery at New Orieah
A if he has not designated an address
: Each shareholder shall be entitled !
= one vote for each share of stock stand1n