Lower coast gazette., 1909-08-28
ERs TRANSPORTATION COMPANY. and by

~ > NV
ninty-nine years from and after the date of these
presents: to contract. sue and be sued. to make.
use and have a corporate seal and the same tC
break and alter at pleasure, to name and appoint
such managers. directors and officers as its bust.
ness may require. and to make and establish such
laws. rules and regulations for the proper man.
aYement Of the affairs Of said corporation rs may
be deemed necessary.
ARTICLE II
The domicile Of this corporation shall be in
Buras. Parish Of Plaquemines. in the State OF
Louisiana. and al! citation ard other legal process
shah he served on the President and in his ah-
sence on the Vice-President. AND in the ats,uce
of both Of said officers. then on the Secretary.
ARTICLE III.
The objects and purposes for which this corpor-
alton is created. established and organized. and
the nature Of the business to be carried Oh by it
are declared 20 be. to lease. hire, charter. con-
struct. purchase and own and to man, equip, main
tain and operate for sea. coast and inland naviga-
ton, one or more steamship, sail vessels, steam
and gasoline boats. towboats. barges and other
water craft of whatsoever description. for the
transportation Of passengers and freight, for
hire. and in the performance Of a general lighter
and towboat business. and rendition of salvage
services on water: to transport United States
Mails. to purchase. own. maintain and operate
ferry boats. and to do and perform and carry ON
the operation Of water craft upon and between
places on rivers. lakes. bays and other waters. and
upon the high seas. and to ports and places in
foreign countries. to construct. charter. purchase,
own. maintain and operate dredges. scows. float
iny elevators and pile drivers: to acquire by pur-
chase, lease or otherwise. ware houses. landing
places and wharvcs as the business Of this COM
pany may require: to improve navigation on
rivers. bayous and other waters: TO construct
wharves, landing places and facilities for vessels:
to construct. maintain and operate drydocks and
floating docks suitable for building and repairing
vessels: to build, rebuild and repair vessels Of
every description: and to do such other acts and
things as may be useful. necessary or convenient
for the welfare and business Of said company.
Any one or more Of the purposes. objects or pur-
suits above mentioned may be carried on without
regard to carrying on the other objects set
forth.
ARTICLE ".
The Capital Stock of this corporation is hereby
declared to be in the sum of Fifty Thousand DOL
lars. represented by Five Hundred Shares of the
par value Of One Hundred Dollars each: which
Shares shall be paid for in cash. property or per
sonal service. This corporation shall! begin bust.
ness Just as soon as Three Hundred and Sixty
Shares of Stock are subscribed for.
J. ARTICLE V.
The general corporate powers Of this corpora.
ton shall be vested in and exercised by a Boart
of Directors composed Of seven persons. each OF
| whom shall at all times WI and hold not less thar
| Five Hundred Dollars of the Capital Stock Of thi:
| corporation. The following named persons shall
! constitute the first Board of Directors. to-wit
! Paul Zibilich. Paul +. Renaud, J. B. Fastening
v. Scurich. p. Cuselich. P. Paretto and Johr
, M~ar1ello. Of whom Paul Zibilich she'll serve al
President ard Paul F. Renaud shall serve as Man
ager. j. B. Fastening as Vice-President and V
, Scurich as Secretary Treasurer, The Genera
Manager shall lie eligable to serve at the one TIM
in any other official capacity the Board may de
! termine. This Board and said Officers shall con
tinue in office for u period of one year from dat
: hereof and shall meet at least once every thre,
months.
: ARTICLE VI.
! On the first Monday in August Of each year. be
ginning with the year 1912. there shall be a gen
er;.l meeting of the stockholders to elect director
for the ensuing year. Each Share of Stock shal
be entitled to one vote by the last registered own
er or his proxy. But no share shall be transferre,
on the books of this corporation within ten day
prior to such meeting. Failure to hold such cleo
ton shall not cause a forfeiture of this Charter
but the last elected Board shall hold over unit
their successors arc duly elected. A Special meet
ing of the Stockholders may be called for any pur
I pose upon written request of two Members of tn
Board of Directors or upon such request Of Stock
holders owning and holding twO-thirds Of tn
Capital Stock of this corporation. after ten day
notice of the time Of such meeting is mailed to tn
last known address Of each stakeholder. and a.
advertisement of the tine of such meeting is pub
lished in an established newspaper at the domicil
Of the company. at least three days prior to tn
| time fixed therefor.
ARTICLE VII.
No Stakeholder shall ever be held liable or re
~poration in any further sum than the unpai
balance due to the Company on the Shares owne
by him: nor shall any mere inforrnality in organi
cation have the effect of rendering this Charte
null or Of exposing a Stakeholder to any liabiIt
beyond the amount Of his stock.
ARTICLE VIII.
The Capital Stock of this corporation may b
increased or decreased in the manner provided fo
by law of this State. and this Charter, or Act c
Incorporation may be modified. changed {
amended. or this corporation may be dissolved by
vote of two-thirds of the Capital Stock represent
ed at a meeting called for the purpose in the maj
ner provided for in article vi of this Act: or
Stockholders holding two-thirds of the Stock {
this corporation will not request such a meeting
then, upon the request of the stockholders hole
of this corporation. such a meeting shall be Gale
after notice Of the time and place Of such NEE
!, ing is mailed to the last known or registered az
dress of each Stakeholder. and after further n,
tice of the time and place Of such meeting is pull
lished at the domicile Of the Company. at Leaf
four times within thirty days prior to the sal
meeting. and in case Of dissolution of this corpor
ton. its affairs shall be liquidated by three Con
missioners selected by the Stockholders at II
meeting which decides upon the said liquidation
In the event of the death or inability of one
more of said liquidators to serve, the remainin
liquidators or liQuidator. shall continue to act al
shall complete the liquidation.
The undersigned set opposite their respect,
names the amount or number of Shares of Stoc
subscribed for by them respectively. and the ga
subscription as so set forth to stand for and
the subscription list as required by law.
Thus done and passed at my office in the tow
of Buras. Parish of PlaQuemines, on the da
month and year first above written in the pre-
ence of Paul Balleverio and George Collin. both
this town, and competent witnesses, who ha,
hereunto signed their names with the said 81
bearers and me, Clerk Of Court and Exotic
Recorder, after due reading.