The herald., 1920-01-08

7O6.
New Orleans, November q, 1919.
Original sisneG EMILE J. LEONARD nL
A true copy from the original.
VIM. J. FORMENTO,
Notary Public.
Dec. Alan. s
COMPANY, INC.
United States Of America, State of Louis
lana, Parish of Orleans. Be 1t known,
that on this 3rd day of the month OF
December, in the year of our Lord, one
thousand, nine hundred and nineteen
(l9l9), before Inc, Watts X. Leverich, a
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 a 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 II 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 or otherwise acquire
and convey, as well as mortgage and hypo-
thecate. under It's 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, 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
porati0n. as may be necessary, proper OF
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 1t, 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 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 De 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, trademarks, 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
debtedness Of any other corporation, do
nestle or foreign. and to issue In exchange
therefor its stocks, bonds or other obliga.
tons, and to exercise in respect thereof all
the rights, powers and privileges OF In
diyidual 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 tndebt-
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 evi.
dences Of Indebtedness; providea, ina,
to engage in the business Of stock job
bling;
To engage in any other business simi-
lar in character to the foregoing and "a
do anything necessary. suitable or proper
which the Company may deem convenient
or advantageous in connection with or IN
cidcntai 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 its 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; prGwsicec;
engage in any business nor do anything
except such as may be lawfully engaged
In or done by q corporation formed unoef
said general corporation laws Of the State
Of Louisiana.
ARTICLE Iv.-The capital stock Of this
corporation Ii hereby hxed at four hun
dred thousand dollars ($400. 00o0o). to De
divided into and represented oy foui
thousand (4.O0O) shares Of a par value Of
one hundred dollars ($10000) each, which
shalt be paid for in cash. or may De Is.
sued for porperty actually received oy
the corporation, or for services rendered
The capital stock may be increased up to
the sum Of two million ($2,000.O0O dol
lars.
In the event that any stakeholder shall
desire to dispose of his stock, or any OF
IT. TO an outsider. same must arst be or
fered in vritingto the Board OF Directors
for the account of the other stockholders
Said directors shall have ten days within
which to purchase same for the accoun!
of the other stockholders, at the best
price offered.
ARTICLE v.-All the powers Of this
corporation shall be vested in and ex'
ercised by a Board of seven ca directors
each Of whom shall have reRtatered on
the books of the Company, = his OWL
name at least one ~ share Of the capt
raj stock. The Rard shall elect from
their number q President, and may Ike
wise elect, but not necessarily from thell
number, one or more Vice Presidents,
Secretary, a Treasurer, and such othei
officers as they may think proper or con
yenient for the carrying on Of the Com
pany's business, and shall have power q
mite two or more offices and the same
to confer upon one person, or to dispenst
with any office in the discretion OF the
directors and to hx the salary Of all ON.
80. ,oOopts and omu10veeS< The BOARD