The herald. [volume] (New Orleans, La.) 1905-1953, 1921-07-14
CHARTER.
CHARTER OF SOUTHERN ELECTRO.
LITE BATTERY CO. INC

| UNITED STATES OF AMERICA
STATE OF LOUISIANA. PARISH Oh
ORLEANS, CITY OF NEW ORLEANS
Be it known, that on this 30th day o
| June, in the year one thousand nine hun
| dred. and twenty-one t1921, before me
| Robert Il. OConnor, notary public
duly commissioned and qualified in an,
| for the Parish of Orleans, State of Lou
isiana, and in the presence of the wit
nesses hereinafter named and under
| signed, personally came and appeared tn
| several persons whose names are here
unto subscribed, who each severally de
| clare that, availing themselves of tn
provisions of the laws of the State o
Louisiana relative to the organization o
| corporations, they have covenanted
| agreed, and do by these presents, Ru
tually covenant and agree and binC
| themselves, to and with each other, al
| well as such other persons who may
4 hereafter become associated with them
| to form and constitute a corporation ant
| body polite in law, for the objects ant
purposes. and under the agreements anC
| stipulatiOns, following, viz:
' ARTICLE /. The name and title o.
this corporation shall be SOUTHERN
ELECTROLYTE BATTERY COMPANY
INC, and under its said corporate name
| shall have power and authority to have
and enjoy succession, for the full tern
OF ninety nine l99) years, from and after
the date hereof. to contract, sue and b,
sued, to make and use a corporate seal
and the same to break or alter at pleas
ure; to hold, receive. lease, purchase and
convey, as well as to mortgage and
hyPothecate property real personal and
name and appoint such officers, managers
agents and directors as its business in
terest and conveniences may reqaire
and to make and establish, as well as
alter and amend from time TO. time
such bylaws, rules and regulations. for
the proper government of the affairs
of the corporation, as may be necessary
and proper.
ARTICLE 1.-THE domiciIe of this
corporation shall be in the City Of New
Louisiana, and all citations or other
legal sproaess shall be served on the
President of said corporation, or, in the
event of his absence on the Vice-Presi-
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-
les, 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
appertaining to or necessary to same
ARTICLE Iv.-The capital shock of
said corporation is hereby fixed at
Twenty five Thousand (S25,OO0.OO) Dol
lars, divided into five hundred shares of
the par value of fifty dollars each. Said
STOCK or any part thereof may be issued
Tor 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
ITS etock shah have been subscribed.
ana TINS charter shall be the original
subscription list.
A .R, VAN the corporate powers
OF this corporation shall be vested in and
exercised by Board of Directors com
posed of three stockholders. who shall
DE erected annually on the last Monday
IN June or each year, beginning 1922. a
majority OF said board shall constitute
all business. I'm"
At all elections each stakeholder shall
De entitled to one vote for each share
neld by him, and a majority of votes cast
snal elect: failure to elect directors
at az a regular meeting shall not dissolve
~ UiotioH out the directors then in
onlce VIII continue to act until their
successors are elected and Qualified. No
.lce or the time Of holding any and all
meetings IN shall be given by the Secretary
10 each stakeholder at his last known ad
uress' two days before meeting.
Immediately upon being elected. the di.
rectors shall elect from among their own
NUMBER President, Vice President and
Secretary Treasurer. N
Inc said Board shall also have nower
ana authority to borrow money tbronch
tne PRESIDENT or Vice President. or soma
other duly authorized agent or agents
10 execute mortgages and issue notes
oohas or other obligations, and generate
10 90 all the things necessary for the
proper carrying on Of the business Of the
saia corporation; and also to issue and
sna denver null paid shares Of stock and
oonas and other obligations of the said
corporation In payment of the money hor-
Iowed, or money, labor, services. prom.
cry or rights actually received nv the
saio corporation, as hereinafter set forth
vacancies in the Board of Directors .ho,,
the Board. fs VI
Onti! the next meeting to be held nm
u sr THIS cnarter. or until their duly ouaL
.ned successors are elected and instailad
the Board Of Directors shall be comnosed
oi waiter A Dflzell, who shall he Pres-
ldent; William n. Sullivan, Vice President
ana John Cornelius Sullivan who shsS,
De Secretary Treasurer.
ARTICLE vI.-The capYtai s,oct mn,
Dc increased to the sum Of Fifty thousand