St. Tammany farmer., 1906-12-29
CHARTER
OF THE
Tchefuncta River Packet Co,
United States of America, State of Louisiana,
Parish of St. Tammany.

BE IT KNOWN. That on this twenty-seventh
day of the month of November, in the year OF
Our Lord. one thousand nine hundred and six.
and of the independence OF the United States,
Before me, LEWIS l. MORGAN, a Notary Pub
lie, duly commissioned. qualified and sworn,
in and for the Parish of St. Tammany. State of
Louisiana, and in the presence of the witnesses
ally came and appeared the several persons
whose names are hereunto subscribed. who
severally declared that, availing themselves of
the laws of the State of Louisiana in such cases
made and provided, that they have covenanted
and agreed, and by these presents covenant
and agree and bind themselves, as we'll as all
such persons as may hereafter become associ-
ated with them, to form corporation for the
objects and purposes and under the articles
and stipulations following, to-wit;
ARTICLE |.
The name and style of this corporation shall
be THE TCHEFUNCTA RIVER PACKET COM.
PANY," and its domicile is hereby established
in the Town of Covington, Parish OF st. Tam
many. State of Louisiana, and under its cor
power and authority to contract, sue and be
sued; to make corporate seal, and thf same
to break or alter at pleasure; to recesse, hold,
have, purchase, improve, ALLEVIATE, convey,
borrow, mortgage and hypothecate, under its
and mixed; to name and appoint such mana-
gers, directors and officers, as its business, In
terests and convenience may require; to make
and establish such by-laws, rules and reguia-
as may be necessary and proper.
Said corporation, unless sooner dissolved, In
accordance with its charter, shall exist and con-
tinus for for The e.r period a 81 years
The President, or in his absence the Vice
President, shall be the proper person upon
whom citation or other legal process shall be
served,
The objects and purposes for which this cor
poration is established. and the nature OF the
business to be carried on by 1t, are declared to
be the following, to-wit: To construct, own and
maintain passenger depotS and freight yards;
boats and other machine power for the car
riage of freight and passengers for hire; to
construct, own and operate docks and wharves
for the landing of vessels and for receiving,
storing and forwarding of freight and the
to hold and exercise all such incidental powers
and privileges as relate to the objects herein-
above set forth.
The capital stock of the said corporation shall
be THIRTY THOUSAND DOLLARS $4,000!
five hundred (1,5OO) shares of the sum Of
twenty dollars ($2O| each, which said stock
shall be paid for in cash at the time of subscrip.
ton, or the same may be issued. at not less
II
or rights actually received or purchased by said
or the same may be issued, full
paid, for money advanced. and for such other
valuable considerations or services as the Board
mine: provided, that no stock shall be issued
until the consideration therefor has been re-
ceived by the said corporation.
Said corporation shall become a going con.
Germ and be authorized to do business as soon
as seven thousand dollars of Its capitol stock
Shall have been. subscribed for.
ARTICLE ".
The corporate powers of this corporation
shall be vested In and exercised by Board of
seven Directors, consisting of the President,
Vice President, Secretary and treasurer and
the fourth Monday in koyember.of each year.
Four of said Board shall constitute quorum
for the transaction of business, and their de-
cisions shall be valid corporate acts:
Until the election above provided for. which
shall be held on the fourth Monday in Novem.
Der, 1907. Clay Riggs shall be President of this
William L. Houlton shall be Vice
President, l. 4. Garyel shall be Secretary and
Dendinger, F. ". Cochran and {. c.
Duncan. shall with the said officers, constitute
he first Board of Directors of this corporation.
name and appoint all such other officers and
lgents as It may deem necessary for the pur.
,oses and business of the corporation. They |
hall have power to fix and define the duties |
u every OulCeI Anu cWplOyecs duO all OHlCetS
md employees shall hold Office and employ |
nent at the pleasure of the Board. The Board |
nay make and establish, as well as alter and |
lmend, any and all bylaws, rules and regula- |
ions for the conduct, suppOrtan management
If the business of said corporation.
The Board shall have full power and authority |
o borrow money, to execute mortgages and to
reate liens; to issue bonds. notes and other I
and generally to do all things rea-
enable, convenient and necessary for the |
,roper carrying on of the business of the COR
,oration.
No person shall be eligible as Director or an
,fiicer who Is not a Director of this company.
During the absence of the President, the
ice President Shall act and preside.
The said Board of Directors shall continue In
,ffice until the fourth Monday in November,
9O7, on which date, and thereafter annually,
Board of Directors shall be elected.
Notice of such election shall be given by at
east ten days continuous publication preced.
ng each election IN one of the newspapers of
his town. and the Board of Directors shall
ppoint one or more stockholders to preside
I such election as commissioners. In the
vent of the failure of any commissioner or
to attend. the President shall,
y appointment, fill the vacancy. Amy failure
rom any cause whatever to elect Directors
he day named for that purpose shall not dis
Dive the corporation. but the directors then
Office, as well as the officers of said company,
hall hold over until their successors are elected
nd qualified.
In such event the President shall cause an.
ther election to be held within thirty days,