The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-25
CHARTER OF GULF 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
December, in the year of our Lord, one
thousand, nine hundred and nineteen
Q9l9l, before me, Watts X. Leverich,
notary public i'll 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
herountO subscribed. all of the age of .
majority. who declared that awaiting them
selves of the provisions of the laws Of
this State relative to the organization of |
corporations. they hereby form themselves /,
into and constitute a corporation for the /
Oh jects 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 corporate seal and the same to
break and alter at pleasure; TO purchase
receive, lease, hold otherwise acquire
| and 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 ana
| same by mortgages or other hypotheca-
| tons; to accept mortgages, to name and
| appoint such managers and directors, OIL
| GERS and agents, as the interest and con
! yenence 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 wee.
| president. or, in the absence of both OF
those officers, upon the secretary-treas-
urer.
| ARTICLE ITI-The objects and pur-
| noses 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 klhd
or description, including particularly but
not restrictively. all kinds of machinery
apparatus, supplies, locomotives, ehgIne9'
! 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 l
tries to the extent that same may De Id"
fully permissible.
To apply for, purchase, register, lease or
otherwise acquire to hold, own, use ana
operate and to sell, assign, or otherwlse
dispose of, trademarks, trade-names' pat
ents. inventions, improvements and pro,
cesses uspd In connection with or secureu
t under letters patent of the United states
| of America and of any territory, coiohy
dependency or district thereon, ana OF any
foreign country or countrles'
4 To nurcbase or otherwise acquire, hold
own. sell pledge and otherwise dispose OF
stocks bonds, and other evidence OF IN
debtedness of any other corporation, ~
nestle or foreign, and to issue IN eAchans'
. therefor its stocks, bonds or other oDnga
. lions. and to exercise in respect Thereon al
| the rights, powers and privileges OF IN
dividuaI owners including the right q
= vote thereon; and to aid IN any NANNY la ~
| nermitted by law any corporation or as
, sociation, domestic or foreign, OF Whicl
any stocks, bonds or evidences OF lndept
y | edness are held by or for the Company
= or to do any acts or things deslreu 70 p tp
. | foot Dreserye improve or enhance TN
u value of any such stocks, bonds or e'l
:, dences of Indebtedness; provided, ina
said CORPORATION shall not be autnorne'
= to engage in the business OIL STUN '''
> bling;
v To engage in any other business SINH
- lar in character to the foregoing ana 7
II do ANYTHING necessary, suitable or propei
v | which the Company may deem con'ehie !:
\, or advantageous in connection Win VI IN ~
!, cidcntal to any of the foregoing purpose
.S and movers or designed, directly OF ~
A directly. to promote the interests o. III
a Comnany or to enhance the value OF an
Or of its properties ana TO nave MOVERS H an
h privileges which are now or whlch ma
"A hereafter be conferred upon corporal!o9 u
organized under the general corporate
:. laws of the State OF LOUISIANA phi nc
le however that the corporation shaii II,
e. engage in any business nor DO anythln
III except such as may be lawfully engase
/ in or done by a corporation 1ormeu u Gu,
% said general corporation laws ol 'he ''"'
IS '" ARTICLE Iv.-The capital stock of TN
IN cornoration is hereby fixed az Jour hul
IN dred thousand dollars (s4OO, OO0o0l, 70 Co.
divided into and repres e. nar ys,ue
i'd one hundred dollars ($10OOO) eacn, whit
BY shall be paid for in cash; or may !,
II, sued for porperty actually receiver :
sh Tho capital stock may be increased up !
to tbe sum of two million $4,000, OOo.oo) DO
n lars. .ootbo,dar sha
liz desire TO dispose of his stock, or any
of If 70 an outsider, same must nrst De .
ITO ferad in writing to the Board OF Directo
ue for the account Of the other stockholueI
cb Said directors shall have zen uass ooon
is Which TO purchase same for the acc0u
ed "f the other stockholders, at the DE
ed price offered. .
ay ARTICLE y-All the powers OF IN
lrs cornoration shall be vested in ana e
an ercised by a Board OF seven ~ taroI0
as each of whom shall have reglstereo
Ter the hooks of the Company, IN ms Wv
All name at least one ~ share OF tne S al
* raj stock. The Board shall eject i ,I,
1ot tbeir number a President ana may IN IN
ON wise elect. but not necessarily from TN
number. one or more Vice-Preslueh'ss,.
of Secretary, Treasurer, and such oan
ex- officers as they may think proper or ~
of yenient for the carrying on OF the %
all nonv's business. and shall have power
of mite two or more offices and the sal
ors 70 confer upon one person. or TO o1speI
ok With any office in the discretion OF
n. directors. and to fix the salary OF all OF
G. nars agents and employees. The BOA
MS of directors shall be elected annually
ton no FIRST legal day of December or ca
as yeor the first election to be held In
.s- Lar 1920 All such elections shall pc
as ballot at the office or the corpoIaun
the Notice of the annual meeting, as wen
1til ~ snecial meetings of stockholders, sh
ap- he given by written nstice mailed at le
es- 6fteen DAYS in advance or the oate
ter, such meeting to each stockholder app
at inc as such on the books OF tne 20
for many at his last designated ADDRESS,
az the General Delivery at New Oriea
red n he has not designated an address
= axati klad