Lower coast gazette., 1909-08-07

pin,y nine years from aud ai,,r the date OF th"s,
,,,..r,s. +, contract, sue and be sued, ~ mas"'
nsc and nav, \ corporate zeal and the same %
break and alter at pleasure. 10 name ana appoint
such managers. directors and "neers as '' DUFF
ness may require, and 10 make and establish such
,,we MES and regulations for the proper man.
avement OF the affa!ss " said corporation az may
be deemed necessary. y
ARTICLE II.
The domicile Of thSs corporation sna' w "
buras. Parish Of Plaausmines' IN the STATE VI
Lou;s;sns, and al citation and other legal process
shs,, be served on tie President, and in hs ab'
sence on the Vice.Presidsnt, and ~ the absence
Of both Of s>td officers. then on the Secretary.
ARTICLE iii.
The ob;ects and purposes for which this corpor-
alton il created. established and ORGANIZED anu
tho nature Of the busiaese to be carried on BY II
are declared to be, 20 Lease. hire. charter con-
s,r,c, nurchase and own and to man equip, MAN.
tain and operate TO, ssa. coast and inland naVlga'
ton. one or more steamship. sail vessels. stea'"
and gasoline boats. towboats. barRes and ot"er
water craft Of whatsoever description 'r 'he
Transportation OF passengers and 1re'eh'' "'
h;r. and in the performance of a general lighter
ana ,owhoat business. and rendition Of salvage
services on water; to transport On'teo e~ss
M.;,s n purchase. own. maintain AND operate
fo,r, hoats. and to do and perform and carry on
~. oneration OF water craft upon and between
,,aces on rivers, lakes. bays and other waters. anu
upon the high seas. and 20 ports ana places IL
foreign countries, to construct. charteT' pu'c"aSe'
o,r maintain and operate dredges. scows. tloat-
;nu elevators and pile drivers: to acquire oy por-
chase lease or otherwise. ware houses. 'aIu'"f
places and wharves M the business OF TINS com-
: nany may require: to Improve Navigation "'
r;va,s }siyous and other waters; To construct
ub,rves'' landing places and facilities for vessels
/. % construct, maintain and operate ~drydocks and
floating docks suitable for building and repairing
vessels; to build. rebuild and repair 'eSse'' "a
every description: and to do such other ae'' anu
things as may be useful, necessary " cohVehie"'
for the welfare u,d business Of said company
ANY one or more Of the purposes, ob)ecA OF pus'
su;ts above mentioned may be carried on "'thou'
regard to carrying on the other OBJECTS se
forth.
ARTICLE w.
Inc OaIhGAk Va BOO
declared to be in the sum Of Fifty Thousand po'
lars. represented by Five Hundred Shares Oh IN
mar value of One Hundred Dollars each; wh'e
",tShares shall be paid for In cash. property or pei
sonal service. This corporation shall began ous
ness lust as soon as Three Hundred and S'xt
Shares Of Stock are subscribed for.
ARTICLE v.
The general corporate powers Of this corpor
finn shall be vested in and exercised by a Boa
81 Directors composed Of seven persons. each
,.bom shall at all times own and hold not less I'M
Five Hundred Dollars Of the Capital Stock OF "
IN cornoration. The following m persons Sh'
constitute the first Board Of Directors. TO-"
n PAIL ZIbilich. Paul F. Rclaud. J. Is. Fasterht
v scur;ch. p. Cuselich. p. Paretto and 20
Martello, of whom Paul Zbl'ich shall serve
President and Paul F. Rcnaud shall serve as MI
aver. J.. B. Fastening us Vite-Presldent an"
scur;ch "a Secretary Treasurer. The Gene
x.r,,er shall bc eGyable to serve ut the one II
in any other official capacity the Board may
termine, This Board and said Officers sha" {
time in Office for a period of one year from q
b.reof and shall meet at least once every tn
months.
ARTICLE w.
On the first Monday in August OF each year
\. ginning with the year 1871 there shall be a &
er., meeting Of the stockholders " elect d'rec
10, the ensuing year. Each Share Of Stock .
be entitled to one vote by the last registered o
NJ or or his proxy. But no share shall be trsnsie'
on the books Of this corporation within ten {
,,;or to such meeting. Failure to hold such
non shall not csuae Q forfeiture OF this Una
hut the last elected Board shall hold over !
their succes.ors are duly elected. A speciai +"
ine Of the Stockholders may be called for any
poss upon written request Of two members OF
Board of Directors or upon such reauesf OK 81
holders owning and holding two-thirds Of
c.u,ta, Stock Of this corporation. after ten
notice Of the time Of such meeting ID mailed q
last known address Of each stnckhosdsr' so
wav advertisement Of the time 1T such meeting ~
lshed In an established newspaper at ~ do"
-. Of the company. at least thrD days prior e
time fixed therefor.
ARTICLE VII.
No Etockhsder shaHpssr:e b held liable .
t snonsible for the contracts or faulO Of this
=. ~poration IN any further sum than the "
balance due to the Company on the Shares o
Nv him: nor shall any mere infornality in OF
cation have the effect Of rendering this VI
null or of exposing a Stakeholder TO any liz
beyond the amount Of his stock.
!, All ARTICLE VIII.
The Canital Stock Of this corporation m
increased or decreased in the manner provid
'hOlar. Nv law Of this State, and this Charter. or
n the INCORPORATION may be modified. cnanR'
.o,o,+ amended. or this corporation may be Dissolve
vote OF two-thirds Of the Capital Stock rep'
WV" w.o.;na c.rcd for the purpose in tn
e-a-la. ner provided for in article vi Of this Act
Stockholders holding two-thirds OF the 81
1910 this corporation will not request such q m
> then. upon the request Ut the Stockholders
NIALion mo and owning q majority Of the Shares OF
pOinte- If mi, CORPORATION. such q meeting shall be
after notice of the time and place Of such
ing is mailed to the last known or register
.l.dress of each Stakeholder. and after furt'
Eor tice of the time and place of such meeting
Eshcd at the domicile of the Company, {
y jill four times within thirty days prior to I
Plaque meeting. and in case of dissolution Of this c
ton, ;ts affairs shall be liauidated by thre
roissioners selected by the Stockholders
,.... meeting which decides upon the SAID "'u
AVA. IN, In the event Of the death or inability OF
{ oooV more Of said liquidators to serve the re-
: oIate ,;,r;d,+ors or liouidator.. shall continue to
will be "H~s,..A .ha rou;dat;on.
ools for S" ~"' "aao.s;.nad 60, onno,,te their re
10, and NV an.orrt =, number Of Shares {
~. subscribed for by them respectively. and
'uls subscription a. 80 set forth to stand for
i'o ca the subscription list Is required by law.
f these lnus u'' na.;sh 81 p,,o.ero;nes. on
"''lo0' month and year first above written in t
will be ehee Oh t'o' Do eoa.natsn, witnesses. v
81, and ,n,s Town. NV .hs;r n,nss With the
porconS nereont0 s"o '"N ,