The herald., 1921-07-28
CHARTER.
oTpR OF SOUTHERN ELECTRO
ChA IyTE BATTERY CO., INC,

CHARTER OF SOU ~ ,NC
United STATES OF A AHEu "a;
sr,TF OF LOUISIANA. PARISH of
SInAartNS CITY OF NEW ORLEANS.
M Z, Known. that on this 3Oth day OF
DC r. IN the wear one thousand nine nun
"a and twenty-one (l92ll, before NJ
pobert Il. O'ConnOr, notary Puoino;
dnIv commissioned and qusiiheu IN anu
xs,' .ha parish of Orleans, State OF Lou
~ ~. s and in the presence of the VIII
sians' hereinafter named and under
assaeJ personally came and appeared the
sas7araI persons whose names are mere
nnto subscribed, who each SeVeralS ue
clare that. ayailing themselves OF ths
n.oviySns of the laws Of the state Oi
Pru,sisna relative TO the organization OF
aornorations. they have coVenaAied'
agreed. and do by these presents hu
tnally covenant and agree anu plhu
,hemsefyes. to and with each other, as
well as such other persons VINO may
Hereafter become associated with them;
M so.n and constitute a corporation and
!, hodv nolitie in law, for the objects ana
nurnoses, and under the agreements ana
stipulations, following, viz;
ARTICLE /. The name and tue OF
This corporation shall be SOGInEhN
ELECTROLYTE BATTERY CoMFANi,
NC and under its said corporate name
shall have power and authority to nave
and enjoy succession, for the fuli term
az uinety-nine (g9) years, from and after
the date hereof, to contract, sue anu De
sued TO make and use corporate seal'
and the same to break or alter at pleas
sre. 10 hold. receive. lease, purchase and
convey. as well as to mortgage ana
hypothecate property, real, personal ano
MIXED corporeal\ and Incorporate 10
name and appoint such officers, managers
agents and directors as its business IN
terest and conveniences may reqalre.
at.A IN
alter and amend from time TO, time
such bylaws, rules and regulations. for
the proper government of the affalrs
Of the corporation, as may be necessar!
and proper.
ARTICLE 1.-THE domicile of this
corporation shall be in the City OF New
Orleans. Parish of Orleans, State OF
+. Louisiana, and all Citations or other
legal sprooess shall be served on the
President Of said corporation, or. in the
. event of his absence on the Vice fresl-
dent.
ARTICLE III.-The objects and pur-
poses of this corporation are declared
TO be, to buy, sell and manufacture all
electric supplies, all automobile access0r-
les, storage batteries of every Kind ana
description, and to repair same, and 10
DO and perform general electric repair
work, and to buy and sell any character
Of material and furnish any kind of labor
aAd generally to contract any business
appertaining to or necessary to same.
ARTICLE Iv-Thes capital stock OF
said corporation is hereby fixed at
Twenty-Five Thousand (S25OOOOO) Dol.
lars, divided into five hundred shares OF
the par value of fifty dollars each. Said
stock or any part thereof may be issued
for eanh, and In payment for the pur-
chase OF merchandise, machinery, plant,
real estate, fixtures, furniture, contracts
goodwill; supplies and other materials
In AaEr
rendered to this company. The Board
Of Directors as hereinafter CREATED Is
especially authorized to dispose of the
stock Of this Company, in whole or In
part, for any and all of the purposes
above allow stated. as in its Judgment may
shall begin business as soon as twelve
thausand seven hundred fifty dollars of
rs 1tock shall have been subscribed,
ana this charter shall be the original
subscription list
ARTICLE v.-Al the corporate powers
this corporation shall be vested in and
exercised by a Board of Directors com.
posed OF three stockholders, who shall
~ eiected annually on the last Monday
~ June Of each year. beginning 1922. a
majority OF said board shall constitute
~ quorum for the transaction Of any and
At all elections each. stakeholder shall
,ehutied to one vote for each share
e py him, and majority of votes cast
an eject. A failure to elect directors
a. regular meeting shall not dissolve
ar, corporation. but the directors then in
s nre VIII continue to act until theiI
saeeessors are elected and qualified. No
49,. ~ the time of holding any and al
euhgs shall he given by the Secretary
%.h stockholder at his last known ad-
ss Two days before meeting.
nrsoas ediately upon being elected. the di
oil Fro
aSoer President, President and
secretary Treasurer
s,A As said Board shall also have power
az authority to borrow money through
oeh.. fsslaent or Vice-President. or some
h sx auiy authorized agent or agents
hands ute mortgages and issue notes
"a ~ or other obligations, and generally
prass, All the things necessary for the
MA carrying on of the business of tht
and aa,poration; and also to issue and
honas ehter full paid shares of stock and
eernn. ana other obligations of the said
rss rss in payment of the money bor.
ertv OF money, labor. services. prop
said ngnts actually received by ths
pvratlon, as hereinafter set forth
be yiilas IN the Board OF Directors shall
the Ros,ao y the remaining members OF
Dr. v1 sh, the next meeting to be held IN
flied .eehartef, or until their duly quail
Tie Rossessors are elected and installed
Of Wsi.nu OF Directors shall be composed
dent. ws,,, A DilZell who shall be Pres.
and ia william ii. Sullivan. Vice-President
be Sec,a,na cornelius Sullivan, who shall
Be incrssa NL-The capital stock may
W00oo nm 70 the sum of Fifty Thousand
eomplv,ns Dollars, or diminished .upor
law. As with fOrmalities imposed by
Atom sha 1h vH:-whenever this corpor.
tafioa or e.se dissolved, either by limi
gseths s iiquidated by Committee of ofit two
Ax q tss appointed at a general meet
lopose sseckhoiders convened for that
nm porss ana said Committee shall have
y 6e 81. 20 perform ali acts necessary
ARTSr,!P 1spese Of liquidations-
snail sell or dispose Of his