Lower coast gazette., 1909-09-11
CHARTER.

NTAEG tx.
jNlrEp STATES Of AMERICA, STATE OF
LOUISIANA. PARISH OF PLAouhMlNtS'
TOWN OF BURAS.
BE 1T KNOWN, That on this 3lst day OF the
of July, in the year OF Our Lord one
Thousand Nine Hundred and Nine,
BEFORE ME, Ernest Albert, a Clerk OF Court
and x-Otici Recorder. duly commissioned and
qualified. in and fer the Parish Of PIauuemlnes.
State of Louisiana. aforesaid. therein residing ana
inthe presence Of the witnesses hereinafter nanl'o
undersigned.
PERSONALLY CAME AND APPEARED, the
several persons whose names are herennto SUD-
scribel, who declare, each for himself, that avail
;np themselves of the provisions OF the laws or
this State. relative to the organization Of corpora
tons for the objects and purposes hereinafter
mentioned, they have covenanted and agreed an"
do BIZ these presents, covenant, and agree to rihH
themselves to and with each ether as wen Us socn
others as may hereafter become associated WIN
them. to form and constitute a corporation ana
body po}itic in Law fer the objects and purposes
and under the stipulations and conditions as set
forth in the following articles. to-wit:
ARTlCLEL.
TIE name and title OF this corporation snail re
the LOWER COAST MERCHANTS e. GHO"-
ERS TRANSPORTATION COMPANY, and by
that name it shall have the power and authority
:, o., jov succession and existence for a period OF
rir+v.n;ne Years from and after the date of these
! r~rescrts; to contract. sue ard be sued, 70 MAKE
Use and have a corporate seal ard the same 20
break and alter at pleasure. to name ana appoint
such managers. directors and officers as It's Dust
ness may require, and to make and establish such
laws. rules and regulations for the proper mar
ocernent of the affairs Of said corporation as ma
be deemed necessary.
ARTICLE
The domicile of this corporation sEall DC II
Ruras, Parish of Plaquemines. in the State OF
Louisiana, and ell citation and other legal process
shall be served on the President. and in his ao
sence on the Vice-President, and in the absenc'
Of both of said officers, then on the Secretary.
ARTICLE III.
The objects and purposes for which TINS c'rpo'
f alton is created. established and o:gan'zed' an
I the nature of the business to be carried or by
are declared to be. to lease, hire. charter, cor
struct. purchase and own and to man eqIlp'f'a'"
). tain and operate for sea. coast and lniano NaV'h'
t;on one or more steamship. sail vessels, steal
and gasoline beats. towboats. barges and oth'
water craft of whatsoever description 1cr u
{. TRANSFORMATION of passengers and freight' J
hire, and in the performance of a general lghte
end +owhoat business, and rendition Of saliva
services on water: to transport United Sta'
Mails, to purchase. own, maintain and opera
u ferry boats, and to do and perform and carry
the operation of water craft upon and betwe
o. places on rivers, lakes, bays and other waters. Al
upon the high seas, and to ports and places
FOREIGN countries. to construct. charter. purcha:
r. own. maintain and operate drcdges. scoWs' no;
ing elevators and pile drivers; to acquire by p'
10 chase. lease or otherwise, ware houses lanol
rlaces and wharves as the business Of this co
~. pany may require: to improve navigation
:. r;vers. bayous and other waters: to constr'
7 wharves, landing places and facilities for vess'
II, .o construct, maintain and operate drydocks q
-, floating docks suitable for building and repair
49, vessels: to build, rebuild and repair vessels
Nd every description: and to do such other acts
tb;nos a. NAV be useful, necessary or conveni
+bo for the welfare and business OF said compa
tod Any one or more of the purposes, objects or
,,L suits above mentioned may be carried on with
49,. regard to CARRYING on the other objects
lns. forth.
49, ARTICLE w.
-. The CAPITAL Stock of this corporation is her
declared to be in the sum of Fifty Thousand
III lars. represented by Five Hundred Shares OF
par value OF ohe i1u"o'e" D'"
,, Shares shall be paid for in cash. property or
sonal service. This corporation shall begin
ness Just as soon as Three Hundred and )
Shares of Stock are subscribed for.
ARTICLE v.
The general corporate powers of this cor!
tion shall be vested in and exercised by a 3
of Directors composed OF seven persons eac
whom shall at all times own and hold not less
Five Hundred Dollars of the Capital Stock of
corporation. The following named persons
constitute the first Board Of Directors, 10
Paul Zibilich. Paul F. Renaud. j. b. Faster
v. Scurich. P. Cuselich, P. Paretto and
MartelIo. of whom Paul Zibilich shall ser'
President and Paul F.. Renaud shall serve as
acer, J. B. Fastening as Vice-President' an
Scurich as Secretary Treasurer. The Ge
Manager shall be eligable to serve at the one
in any other official capacity the Board ma
+erm;ne. This Board and said Officers shall
t;nue in office for a period of three years from
hereof and shall meet at least once every
months.
On the first Monday in August of each yea
ginning with the year 1912, there shall be a
ance' oral meeting of the stockholders to elect dir
afhe for the ensuing year. Each Share of Stock
nual- be entitled to one vote by the last registered
or or his proxy. But no share shall be trans
IN the hooks of this corporation within ten
1etln' prior to such meeting. Failure to hold suc'
+;on shall not cause a forfeiture Of this Ck
hut the last elected Board shall hold over
their successors are duly elected. A special
y inc of the Stockholders may be called for an
pose upon written request OF two members
!, 75S. BOARD of Directors or upon such request OF
holders owning and holding two-thirds
sale CAPITAL Stock Of this corporation. after Tel
notice of the time of such meeting is mailed
q Par last known address Of each stockholder, ;
.u,. d,.r+;saroer If the time of such meeting