The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1901-08-24
ARTICLES OF INCORPORATION
OF THE
C0MEhUX-LEBLANC PACKET COMPANY

Section /. Be It known that f. J. Comeaux. ]
v. Leplanc, X. j. Comeaux, Walter ]. Comeau <
and =. LEBLANC and their associates are here.
by. created body polite and corporate under
4 the name and style of the "Comeaux. LIE Blanc
Packet Company" with such powers as are con
Il ferred by the laws OF the State OF Mississippi,
It's business. This corporation shall exist for a 4
period Of fifty years. unless sooner dissolved
i and shall have It's domicile in Bay st. Louis
Hancock county, Mississippi
Section g. The objects and purposes for which
said corporation is formed are declared to be- TO
lease, hire, charter, construct, equip, purchase
and maintain and operate on public navlgable
Ssters stseamSoass "a - towboats barges fats and
transportation OF freight OF every description and
passengers for hire, and as may be useful, neo.
essary and proper for the business OF this COM
pany; 10 acquire by purchase, lease or otherwise
warehouses slanding places, wharves and other
prescribed by law.
shall be Thirty Thousand doilars, divided into
shares OF one dollar each. AZ all elections
zach share or stock shall be entitled to one vote
70 be Voted either BY the holder or his proxy.
Section 4. The power OF aaid oorporafion shall
be vested In and exercised by q Board or Direct.
ors 10 be composed of not less than flye peraor,s
elected annually, and each one OF whom must
continuously during their incumbency as direo-
lpfs, own and hold at least twenty-five shares OF
the stock Of said corporation. The frst board Of
direotors shsn consist OF e. j. Comeaux. j. v.
j, COm1AuI
and J; =, Leblanc, with E. ]. Comeaux as presi
dent, II. j. Comeaux vice president and J. V, Le
Blanc, secretary and treasurer. The board shall
serve until the first Monday in August 1902, and
thereafter until their successors are duly elect
e. Vacancies occurring on the board shall be
filled by the remaining directors from among the
etockholders, quilted to serve as directors. In
sne event Of the death or disability Of the presl
dent, the vice president shall serve In his stead
put 10 such event the oe-president shall call
meeting or the board, upon ten days notice, TO
sieota president AZ the first meeting OF the
enact proper by laws, rules and regulations nee
essary or useful in the conduct and management
o. the business and affairs of this corporation,
ana an lns same 70 alter, amend and repeal In the
Secton .. A general meeting of the stock
noders or this corporation shall be held on
August 8, 1901.
Section g. This corporation shall he n going
concern authorized TO do business as soon as Ten
iIhousand Dollars OF It's capital stock Is subscrib-
Cd for and paid In. 49,
Section BY . vote TO that effect, Of three
iourths (5D OF the amount of issued stock this
wound up -
Section z. At the expiration of this charter, or,
y sooner dissolved, the affairs Of this corpora
uon snail be liquidated by three commissioners,
70 be appointed by the Board OF Directors, Said
eo9,mlssoners shall have full power TO do and
pos si acts necessary and proper to fully
aaa completely wind up and liquidate the affairs
p .hs corporation and distribute its assets; and
u u the case Of the death or disability OF one or
more OF such commissioners, the survivor or
Survivors shall continue to act,
Secton 0. No stockholder shall ever be held
nsoie OF Responsible for the contracts or faults
Vi VI said corporation In any further sum than the
p Ipalo balance due on the share or shares Of
,s9ck subscribed for by him; nor shall any mere
rn.oIImallty In organization have the effect OF
hseohnuerlng this charter null or exposing stock
hholder 70 any liability beyond the amount due on
ms 81 ssnosoriptionto the stock
a, ihus done and signed on this twenty ninth day
Sh A. Ihsue, , IN the year OF our Lord nineteen hum
Ueu ana one. e. j. CoMEAUx,
subscribing for twenty-five shares
j. Z. LEBLANC
subscribing for twenty-five shares;
r. j. CoMEAUx,
subscribing for twenty-five shares;
j. v. LEBLANC,
subscribing for twenty.fl five shares;
WALTER j. CoMEAUx,
subscribing for twenty five shares.