FEDERAL IDENTIFICATION
NO. 04-1427020
EXHIBIT 3.1
The Commonwealth of Massachusetts
William Francis Galvin
Secretary of the Commonwealth
One Ashburton Place, Boston, Massachusetts 02108-1512
RESTATED ARTICLES OF ORGANIZATION
(General Laws, Chapter 164, Section 8C)
We, L. William Law, Jr. ,*President/
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and W. Brett Davis ,/*Assistant Clerk,
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of Essex County Gas Company ,
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(Exact name of corporation)
located at 7 North Hunt Road, Amesbury, MA 01913 ,
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(Street address of corporation Massachusetts)
do hereby certify that the following Restatement of the Articles of Organization
was duly adopted by written consent on September 30, 1998 by a vote of the
directors and:
100 shares of Common Stock of 100 shares outstanding,
- ---- ---------------------------- -----
(type, class & series, if any)
shares of of shares outstanding, and
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(type, class & series, if any)
shares of shares outstanding,
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(type, class & series, if any)
**being at least two-thirds of each type, class or series outstanding and
entitled to vote thereon and of each type, class or series of stock whose rights
are adversely affected thereby:
ARTICLE I
The name of the corporation is:
Essex County Gas Company
ARTICLE II
The purpose of the corporation is to engage in the following business
activity(ies):
See attached continuation Sheet 2
*Delete the inapplicable words. **Delete the inapplicable clause.
Note. If the space provided under any article or item on this form is
insufficient, additions shall be set forth on separate 8 1/2 x 11 sheets of
paper with a left margin of at least 1 inch. Additions to more than one article
may be made on a single sheet so long as each article requiring each addition is
clearly indicated.
CONTINUATION SHEET 2
To engage in business as a gas utility company in any city or town of the
Commonwealth of Massachusetts; to exercise any and all rights, powers, licenses,
permits, privileges, authorizations and franchises at any time possessed by the
corporation or by any predecessor or constituent corporation; to engage in any
activity in any way connected with, incident to or in furtherance of the
foregoing activities; to engage in any other activity lawful for a corporation
subject to Chapter 164 of the Massachusetts General Laws; to engage in any
business, operation or activity through a wholly or partly owned subsidiary; and
to engage in any business, operation or activity referred to above to the same
extent as might an individual, whether as principal, agent, contractor or
otherwise, and either alone or in conjunction or a joint venture or other
arrangement with any corporation, association, trust, firm or individual.
ARTICLE III
State the total number of shares and par value, if any, of each class of stock
which the corporation is authorized to issue:
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WITHOUT PAR VALUE WITH PAR VALUE
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TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
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Common: 200,000 Common:
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Preferred: 1,200,000 Preferred:
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ARTICLE IV
If more than one class of stock is authorized, state a distinguishing
designation for each class. Prior to the issuance of any shares of a class, if
shares of another class are outstanding, the corporation must provide a
description of the preferences, voting powers, qualifications, and special or
relative rights or privileges of that class and of each other class of which
shares are outstanding and of each series then established within any class.
See Continuation Sheet 4
ARTICLE V
The restrictions, if any, imposed by the Articles of Organization upon the
transfer of shares of stock of any class are:
None
ARTICLE VI
**Other lawful provisions, if any, for the conduct and regulation of the
business and affairs of the corporation, for its voluntary dissolution, or for
limiting, defining, or regulating the powers of the corporation, or of Its
directors or stockholders, or of any class of stockholders:
See continuation sheet 6A, 6B and 6C
**If there are no provisions state "None".
Note: The preceding six (6) articles are considered to permanent and may ONLY be
changed by filing appropriate Articles of Amendment.
CONTINUATION SHEET 4
Preferred Stock
The shares of Preferred Stock may be issued from time to time in one or more
series. The directors shall determine the preferences, voting powers,
qualifications and special or relative rights or privileges, if any, of any such
series before the issuance of any shares of that series. The directors shall
determine the number of shares constituting each series of Preferred Stock and
each series shall have a distinguishing designation.
Common Stock
The holders of the Common Stock shall have the exclusive right to vote for the
election of directors and on all other matters requiring action by the
stockholders or submitted to the stockholders for action, except as may be
determined by the directors pursuant to this Article 4 or as may otherwise be
required by law, and each share of the Common Stock shall entitle the holder
thereof to one vote.
The holders of the Common Stock shall be entitled to receive, to the extent
permitted by law, such dividends as may from time to time be declared by the
directors.
Upon any voluntary or involuntary liquidation, dissolution or winding up of the
Company, the holders of the Common Stock shall be entitled to receive the net
assets of the Company, after the Company shall have satisfied or made provision
for its debts and obligations and for payment to the holders of shares of any
class or series having preferential rights to receive distributions of the net
assets of the Company.