[HX88018B2], Incorporation Record, Societe Internationale des Electriciens, 1888
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Title
[HX88018B2], Incorporation Record, Societe Internationale des Electriciens, 1888
Editor's Notes
SUMMARY: 1st) These are the statutes of the International Syndicate of Electricians, organized for the sole purpose of ## 2nd) providing public and private electric lighting for the whole or part of the Universal Exposition of 1889, and will terminate when the task is complete. ## 3rd) Members are admitted to the partnership regardless of nationality. ## 4th) The public and private lighting at the Exposition are organized under the care of the Society and the superintendnece of its General Directors, to the exclusion of private interest. ## 5th) Social funds are fixed at 300,000 francs, distributed in 300 parts of 1,000 francs each. ## 6th) Payments for subscription will be made on the first of July, 1888, and on the quarter year thereafter. In case of delay of payment, after a letter of warning, the subscribers will lose their rights and any sum already paid will belong to the Society. ## 7th) Only industrials occupied with electric lighting are admitted to subscription. ## In case of disagreement between an Exhibitor and the Administration of the Syndicate, the Minister of Commerce and Industry will arbitrate, and his decision will be final. ## 8th) Subscriptions will be open until September 1st 1888, after which no new shareholders will be admitted to the Syndicate. ## 9th) Every subscriber is bound to maintain 10 horse power worth of electrical equipment in excellent condition for every share ("part") that he has purchased in the Syndicate. ## The motive power to work this equipment wil be provided by the Administration of the Syndicate. ## 10th) The Society will be administered by a Council composed of Hippolyte Fontaine, Paul Lemmonier, Louis Rau, and Pol Fabry. In case one of them dies, the Company that the administrator represents will choose his successor, however, the candidate must be approved by the Minister of Commerce and Industry for the nomination to be valid. ## 11th) The Council is not to me remunerated for the performance of its functions, its motives are the patriotic desire for the success of the Universal Exposition of 1889. Their function is to organize the electric lighting of the Exposition, to maintain understanding among shareholders, and to provide funds if there is a falling off of subscribers at the last minute. It takes joint responsibility with the Minister of Commerce and Industry for the work of the electricians at the Exposition, (as do all members of the Syndicate). ## 12th) The Council will meet as often as the interests of the Syndicate require, and their decisions will be recorded and signed by the President and Secretary. ## 13th) The Council has unlimited power to act in the name of the Society and perform its operations relative to its objective. ## It treats with the Minister of Commerce and Industry, the Contractors of motive power, and all commissioners in need of electric lighting. It also deals with all money and legal issues. The Society is pledged by the signature of two Administrators, or by that of its president and Director. The power of the Council is declarative, the shareholders are to understand that this power is equal to the most authorised manager of the Commercial Society acting udner one name. ## 14) The Council may also delegate its power, for a determined object, to such person as he pleases, by special order. ## 15) A general assembly of all subscribers will be called by the Council and held in Paris during the month of September 1888. The asseembly will be regularly constituted if it comprises at least one fourth of the subscribers. If quorum is not reached then a new convocation will be made for the following month. ## 16) The general assembly will be presided over by the President of the Council of Administration, or by a delegated representative. ## 17) The general assembly will decide upon the proposals prepared by the Council: ## 1st. Regulation for the installation and the laying of the conductors; 2nd. Distribution of shares among the subscribers; 3rd. Distribution of spaces for lighting; 4th. Measures of general interest; Decisions of the general assembly are decided by a majority vote of the members present, though these decisions aren't official until the are approved by the Minister of Commerce and Industry. ## 18) Receipts of the Society result: 1st. From the payments made by commissioners for their lighting; 2nd. From part of the evening admissions reserved for the Society; 3rd. From the extra fee of subscription imposed on the ticket holders, if there are any which give access to evening sessions [this item is highlighting by two handwritten check marks]; 4th. From payment made by the electricians or other exhibitors who may ask for extra lighting in the Exposition; 5th. From all the products which may be derived from the exploitation of the concession made to the Society by the Minister of Commerce and Industry. ## 19) If the total expenses exceed the total receipts, the sharehodlers will cover the difference, proportional to the shares they possess. ## 20) These statues will be submitted to the Minister of Comemrce and Industry. They may be decided by the Council of Administration or the general assembly, except concerning articles 3 and 7. These modifications must likewise be submitted to the approbation of the Minister. ## Signed by: H. Fontaine, P. Lemmonier, L.Rau,. P.Fabry. [Note: Article 18 has been modified by the Council of Administration on March 17th, 1889, after new conventions settled with the state. ] ## Article 18) The receipts of the Society proceed: 1st. From the payment made by concessioners for their lighting; 2nd. From the sum of 1,800,000 francs to be paid by the state.; 3rd. From the payment made by the electricians or exhibitors who may ask for an extra supply of lighing in the exhibition; 4th. And from all the products which may be derived from the exploitation of the concession made to the Society by the Minister of Commerce and Industry.
Supplied year
Date
1888-00-00
Type
Subject
Folder/Volume ID
HX88-F
Microfilm ID
145:146
Document ID
HX88018B2
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University