The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1897-01-30


bylaws of the corporation, whether with
in or without the State of Mi ssissippi.
Article III. The objects for which this
corporation is created, are to build, pur.
chase, charter, run, operate and sell or
own one or more steamboats,, tow boats
barges or other vessels upon the Missis.
sippI river and / g tributa, les and ontets.
more especially on Bayou Lslfourche, for
transportation of freight. mails and pas
sengers; and also to purchase, lease, mort
gage, sell or otherwise acquire or dispose
of wharves, landing. wharf boats, barges,
! elevators, in this state and in other States
| and all other properties of VIII atsoevcr de
scription necessary or convenient for the
| traiisa ction of the business of this c0rpo.
ration. Said corporation shall have the
| right to transport freight and passengers,
and mail by steam, boat or other water
| craft on the Mississippi river, other pub
lie navigable water, and to receive there
| for such compensation as it shall from
| time TO time be fixed and designated by
| the proper officers of said corporation; to
receive for safe keeping and store mer-
| chandise III Its yards, warehouses and
kwharfboats and receive such compensation
! therefor as may from time to time be es-
| tablished by the proper officer of thus
| corporation, to make advances of money
| or credit upon merchandise or property
| for charges made by other transportation
| lines, or by any person, to be transported
| by its boats, or stored IN its yards, wharf
| beats or warehouses, and to include the
same or.charged in the bill OF lading along
| with its charges tor freight, ali upon such
terms and conditions as the proper officer
of this corporation may from time to time
establish, aud do all other acts necessary
and convenient for the welfare and bus
mess of this corporation. This corpora
ton shall have all the rights and privi-
leges conferred upon corporations of like
character by chaptef2b annotated code OF
1892 of the State of M Mississippi, and shall
be subject to the limitations and restric-
tions thereby imposed.
| Article w. The capital stock of this
corporation is hereby fixed at Four Thous-
and Six-Hundred dollars (4600,0J) being
divided into ninety-two shares (92) shares
of Fifty Dollars (S50,00) per share which
stock shall be paid for in cash at time o
Its subscription, or may be paid for or is
sued in payment for labor done, or money
: or property actually received. Said cap
: lital stock may be increased from time Il
time by majority vote of the capito
stock of 1.-The stock holders, at meetins
-latth4ot. .y-s oorporatlo ; ,''''
asntr HJhft4t7 IN NOlfN > -
:, that purroal provoking, Duncan.
O., oash sh'd naotrIVhut do you mean by {
: stock-hoIsfoA without leave or Ii {
entitled t HIM
eitbeo seoJR iR hfso1 J.trying to keep her s
S'G'cle v. The ninets.,., oT,ot - 9b
ruTy, A. ID. 1897, a generaT sSting OF
the ck-holders of this corporatonshal
he held at it's domicilc in the City of Ba,
st. Louis, and at said meeting one tn,
stockholders shall be chosen or elected as
manager ofsaid corporation, to hold Office
Tor the term of three years who shall b.
, charged with the control and management
OF the business and affairs of this corpora
ton A majority of the votes cast shal
be necessary to elect. Said manager shall
be the officer on whom citati on shall b.
served, and he shall have full power ant
authority to appoint such off GERS, clerk
: aud agents as the business of this corpora
tion may require, and the same to dismiss
at pleasure; as, also, to make and establish
, as well as to alter and amend any and al
by-laws, rules and regulations that b.
may deem necessary for the support ant
mana- -ement of the AFFAIR." and business o
this corporation That at each genera
meeting ofthe stockholders ofsaid compa
: ny, the said manager shall furnish ant
present a complete and detailed Statement
of the business affairs OF this corporation
for the preceding three years.
Article vi. Whenever this corporation
ia dissolved by Limitation or by any othe
cause, its affairs shall be liquidated unde
the superlntendence of two stockholders
appointed for that purpose by the stock
; holders of this corporation. at Il genera
I
: said commissioners shall remain in Office
until the affairs of the corporation shal
have been fully and finally settled ant
liquldated; and 10 case of the death Of
other disability of either of said commits
siJners, the survivor shall continue tc
act,
Article VII. This act of Incorporation
may be changed, modified Or altered, o.
the corporation may be dissolved by ant
with the assent of the majority in amour
, of the capital stock Of said corporation
, at any general meeting of the stockhold
! ers convened for that purpose, after thir
ty days previous notice OF such mcetin!
shall haye been given in some pnbh
newspaper published at the domicile o.
: this corporation, unless such dissolution
or modification shall be determined upol
at a meeting Of the stockholders held a
Iaforesald for the election Of manager
aud, nthat event, notice by the pnoiica
tion ia news paper may be dispenset
with.
Article VIII. No stockholder shall ev
er be held liable or responsible for tn
contracts, debts or faults of this corpo
ration In any further SUN then th unpai'
balance due the company on the share
owned by him; nor shall any mere infor
mality in organization haye the effect o
rendering this act OF Incorporation void
or exposing any stockholder to any liza
! bility beyond the amount due by him oil
his stock
Article TX. No share of the capito
stock of this corporation shall be trans
ferred or sold or otherwise disposed o
unless the stockbolder desiring to mak'
such transfer or sale or disposition, shal
first offer said stock to the other stock
holders OF the company, throng Its man
ager, at the lowest price he may be vii
ling to take therefor: ana only after suc'
notification having been served In writ
: ing on the manager and failure within
one week thereafter OF anv stockholde
to avail himself of such privilege to pur
chase, the said stock of such stockhoide
may be sold ortransferledt to any persol
who may desire to purchase the SAM
/, ana said transfer to be made on the book
Of this,corporatlon in the name OF the puf
chaser thereof.
Article x. The manager OF this corpo
ration shall have full power and author
Ity t. sell or mortgage any or all OF tn
steamboats, or vessels OF this corporation
NAV be posse sed OF to charter or freigh
steamboats, or vessels, and to make sucl
/, contracts of afsreightment that he ma
. deem iudicious aud advantageous to th
,, interests of said corporation.
p. A. Charlet.