The herald., 1921-08-11
FRED DEIBEL.
CHARTER OF SOUTHERN ELECTRO
LYTE BATTERY CO., INC.

CHARTER OF SOUTHERN ELECTRO
LYTE BATTERY CO.. INC.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA. PARISH OF
ORLEANS, CITY OF NEW ORLEANS
Be ii known, that on this Both day OF
June. in the year one thousand nine hun
bred and twenty-one (192D, before me,
Robert Z. O'ConnOr, a notary pubic.
duly commissioned and qualified In and
for the Parish of Orleans, State of Lou
isiana, and in the presence or the VII
nesses hereinafter named and under
signed, personally came and appeared Ine
several persons whose names are here
unto subscribed, who each severally de-
clare that, availing themselves OF the
provisions of the laws of the State OF
Louisiana relative to the organization OF
corporations, they have coyenanted,
agreed and do by these presents, mu-
tually covenant and agree and blnd
themselves, to and with each other, as
well as such other persons VINO may
hereafter become associated with them:
TO form and constitute a corporation and
body polite in law, for the objects and
purposes, and under the agreements and
stipulations, following, viz:
ARTICLE 1. The name and title OF
this corporation shall be SOUTHERN
ELECTROLYTE BATTERY COMPANY,
INC. and under its said corporate name hne
and enjoy succession, for the full term
of ninety-nine 1907 years. from and after
the date hereof, to contract, sue ana oe
sued to make and use corporate seal,
and the same to break or alter at pleas
ure: to hold, receive, lease, purchase and
convey, as well as to mortgage ana
hypothecate property, real, personal and
mixed, corporal and incorporeai; 70
name and appoint such officers, managers
agents and directors as its business In
terest and conveniences may require
and to make and establish, as well as
alter and amend from time to, time
such bylaws, rules and regulations. lor
the proper government Iof the affalrs
of the corporation, as may be necessary
and proper.
ARTICLE 1.-THE demicile of this
corporation shall be in the City of New
Orleans Parish Of Orleans; state OF
Louisiana, and all citations or other
legal process shall be served on the
President of said corporation, or, In the
event of his absence on the YicePresi-
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 accessor-
ies,. storage batteries of every kind and
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
and generally to contract any business
ARTICLE IV.-The capital stock Of
said corporation is hereby fixed at
Twenty five Thousand ($25,OO0O0) Dol
lars. divided into five hundred shares of
stock or any part thereof may be issued
for cash, and in payment for the pur-
chase of merchandise machinery, plant,
real estate, fixtures, furniture, contracts |;
goodwill; supplies and other materials
actually delivered, or services actually
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
seem fair and proper. This Company
shall begin business as soon as twelve
thousand seven hundred fifty dollars Of
it's atock shall have been subscribed.
and this charter shall be the original
subscription list.
ARTICLE v.-All the corporate powers
Of this corporation shall be vested in and
exercised by a Board of Directors COM
posed Of three stockholders, who shall
be elected annually on the last Monday
majority of said board shall constitute
quorum for the transaction of any and
all business.
At all elections each stakeholder shall
be entitled to one vote for each share
held by him, and a majority of votes cast
shall elect. A failure to elect directors
at a regular meeting shall not dissolve
the corporation but the directors then in
office will continue to act until their
successors are elected and qualified. No
tice of the time Of holding any and all
meetings shall be given by the Secretary
to each stakeholder at his last known ad-
dress, two days before meeting.
Immediately upon being elected, the d.
rectors shall elect from among their own
number a President, vice-President and
Secretary Treasurer.
The said Board shall also have power
and authority to borrow money through
the President or Vice-President or some
other duly authorized agent or agents,
to execute mortgages and issue notes,
bonds or other obligations, and generally
to do all the things necessary for the
proper carrying on of the business of the
said corporation; and also to issue and
and deliver full paid shares of stock and
bonds and other obligations of the said
corporation In payment Of the money bor-
rowed, or money, labor, services, prop
erty or rights actually received by the
said corporation. as hereinafter set forth.
Vacancies in the Board Of Directors shall
be filled by the remaining members Of
the Board.
Until the next meeting to be held un-
der this charter, or until their duly quail
ified successors are elected and installed.
the Board Of Directors shall be composed
OF Walter A Dilzell, who shall be Pres
fdent; William II. Sullivan, vice-President,
and John Cornelius Sullivan, who shall
be SecretaYy.Treamrer.
/. ARTICLE vI.-The capital stock may
be increased to the sum Of Fifty thousand
t*o0O00,O0) Dollars. or diminished upon
complying with formalities imposed BY
ARTICLE vH.-whenever this eorpor-
alton shall be dissolved, either BY limf.
tatton or from any other cause, its Affairs
shall be hQuidated BY q committee Of two
stocknoiders appointed at Z general meet