The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-25
CHARTER.

stockholders to borrow money, execute
mortgages, issue notes, pledges, bonds or
other obligations in such amounts ana on
such terms as in their judgment may be
advantageous; and generally to do all
things reasonably necessary or convenient
for the proper carrying on of the business
of the corporation. and they are specially
authorized TO issue and deliver tu1l pdld
shares of stocks and bonds, or other obi
cations of the Company, in payment OF
property acquired by said corporation
Four directors shall constitute a quorum
for the transaction of business. The Board
of Directors shall have the power, by
vote of not less than majority OF all
directors, to sell all or any part of the
property. movable or immovable, belong
ing to the corporation, or to receive IN
exchange therefor money, or stocks or
bonds or other obligations of another IN
dividual, firm or corporation OF any Char-
acter, without referring to the sharehold-
prS for power to do so. At any meeting
of the Board of Directors any director
absent from the meeting may be repre-
scented by any other director VINO ma!
east the vote of the absent director. III
accordance with written instructions given
hy ,aid absent director. Until the annual
meeting of 1920, or until their death'
resignation or removal from Office, II prior
10 that time. the Board of Directors Shall
consist of the following: X. Moot, ~ AfdS-
ley Road Schenectady, y. y; Geo. ii.
Wygant l6J East Boulevard Baton Rouge
La; J. Blame Mcnroe, 1424 LOUISIANA ave
nue.. New Orleans, La; Monte NJ LemaHh
f3l1 St Charles avenue, New Orleans, La ;
Watts X. Leyrrich. 1925 Pleasant street
New Orleans. La; Joseph W. Montgomery,
Jl4 Walnut street, New Orleans, La ana
Walter j. Suthon, Jr., 13lJ Eighth street
New Orleans, La. OF the foregoing Geo
II Wygant snail be President; Monte Nj.
Lemann. Vice President; j. Blanc Monroe,
Secretary and J. Blanc Monroe, Treasurer.
ARTICLE VI-This act of incorporation
may be modified, changed or altered, or
| this corporation may be dissolved IN lhe
| manner provided by law by vote OF two
| thirds of the entire outstanding capital
! stock present or represented, at meet
ing of the stockholders convened LOT such
| purpose after previous notice snail nave
| bpen given in the manner above required
| 10 he given of the annual meeting of the
| CORPORATION. The capital stock OF the cor
pOratiOn may be increased or decreased by
| proceedings in accordance with the laws
of the State of Louisiana.
ARTICLE VILE this corporation shall
be dissolved, either by limitation or from
any other cause, its affairs shall be hqul
dated by three 80 hquidators to be ap
| pointed at a meeting of the stockholuer'
convened for the purpose Of llquldatlon
and to be elected by Il majority vote o.
all the stockholders present or represented
| Said liuuidators shall remain in once IN
til the affairs of said corporation shai
have been fully settled and Hquldateu
and they shall have full power ana au
thority to transfer and give title to all TN
property and assets of the corporation
and to distribute the proceeds. In case o
death, disability or resignation OF one o.
more liquidatorS, the vacancy snal "
filled by the survivor or survivors,
ARTICLE VIII.-No stockholders shall
ever be held liable or responsible Tor TN
contracts or faults of said corporation il
any further sum than the unpaid Dalanc
due on the shares OF stock owned py mn mn!
nor shall any mere informatity in organ
cation have the effect of rendering TN
charter null or of exposing any STOCK
holder to any liability beyond the amour
due on his stock.
serve as the original subscription isl
, the subscribers hereto have indicated op
. poSite their respective signatures the mum
E Der of shares of stock subscribed lor u.
each of them. No. .
Thus done and passed in my ONCE a
> New Orleans La, on the day, month an
, year first above written in the presence =. y
II. L. Burbank and Ivonne Goodrich CON
| petent witnesses, who have hereuntO SUP
| scribed their names, together with ms
Notary, and said appearers, after gu
/ reading of the whole.
2 Original signed. (Names OF suDscrlper
omitted)
= Witnesses:
r L. Burbank.
WATTS X. LEyERICH,
Notary Public.
7 the undersigned, Recorder of Mort
1 cages in and for the Parish OF Orlean
States of Louisiana, do hereby certify tha
the above and foregoing act or lncorpora
: t;nr Of tho Gulf States Electric Compan.
u Inc was this day recorded in my ONCE
. book 1921. folio III.
!, New Orleans, Louisiana, December
1919.
|. Recorder
II A true copy. ~. Dab