The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1910-05-07

Cui.esi States al <-ss sS<s,
STAG OF l.ssal>:saa
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BE 1T KNOWN. ias. va .as> ,s.a IL,
of March in ihe'sear II ,s@r aga, NG,
thousand, Mise Hundred sa8 sea. hr,
fore me, II. Il. Aasca. NesSgs s.b..c.
duly COMMISSIONED aud QasHssd wsgalr
and for the Parish Of ~, asry. Stale vi
Louisiana, and liz the presence III the wl.'
nesses hereinxfser named aat aader>t ( aed,
personally calae and appeared the parties
whose names are aereanIa subscribed.
who personally declare. that awaiting
themselves OF the provisions OF the law,
OF this State relative % Sic organization
of corporations for works OF pubnc utility
and Improvements, and for other pur-
poses, they have coyeuau,ed anu agreed
aud do by these presents covenant. agree
and bind themselves Is we'll As such other
ptrsons. who may hereafter become as
sociated with them or their successors. to
form and { institute 4 corporation or body
polite ia law, for the objects and pur-
poses and under She agreements and
stipulations, following, to.wnt:
ARTICLE /.
the name and style of this corporation
shall be THE N. G.. HUH DREDGING
COMPANY, LlMI TED, and by that name
it shall have power and authority to exist
and enjoy succession for the full term and
period Of ninety nino years, commencing
on ana W NC COuutCu AioA aleCl luC
date and day hereof.
ARTICLE II.
The domicile of this corporation shall
be in the Parish OF st. Mary. ii citations
and other legal process shall be served
upon the President OF said corporation, or
or in case Of his absence Or inability TO act,
upon the Vice. President, or IN the 40
sence or inability vi both the President
and Vice President to act, then upon the
Secretary of this company.
The President shall DE the executive
officer of this corporation: he shall pre-
aide at meetings of the Board or Direc-
tors, and stockholders.
ARTICLE LII.
The objects and purposes for which this
corpol alton is established aud the nature
Of the business to De carried on by il, are
hereby declared to be As follows, to-wit:
10 buy, sell and deal in land ami timber
of Al, kinds; to drain and improve lands,
whether owned by this corporation or any
other person; to dig and maintain canals
on lands, whether owned by this corpora:
ton or other persons; to dredge or i'm
prove harbOrs, channels and waterways of
ali kinds. whether navigaDle or not. and
whether owned by this corporation or
other persons, the state or National Gov.
ernment; to own, buy, sell, lease, build.
repair OF operate dredge: boats, tow. boats
or any kind of boats. or water craft and
all the appurtenances and accessories
thereof, or IN any way connected there
with.
10 build levees and embellishments with
dredge- boats or steam shOyels or teams or
wheel barrOws, or any other excavating
machinery. 10 buy, sell or lease steam
ynOveis, cars, locomotives, ballast unload>
ers, hosting machinery and all kinds of
excavating machinery for handling DIRT;
and generally to do ali things necessary
or convenient to properly conduct the
business Of this corporation. /. !.
ARTICLE
This corporation may sue AMI be sued in
its corporate name, mold, have, receive,
purchase, convey, sell, mortgage, hypO-
thecate, pledge, lease and suD-iease, and
enioy real and personal properly; also
borrow and lend money and make con.
tracts: receive grants Of land, or personal
property, and make and use corporate
seai. the same to alter and break at leisure;
to name and appoint sucn managers, d.
rectOrs officers, clerks and agents as thu
interest and convenience OF said corpora
tion may require, make and establish such
~; laws, rules and regulations for the
nroper management ana regulation of the
m fairs of saiu corporation, rs may tie ne
cesaary and the same TO alter aud change
at pleasure, and shall possess all the rights,
powers and privileges 10 which cOrpOr-
atoms are, or uAy be o. any general law
or laws of the state authorized and en-
titled to POSSESS.
ARTICLE
The capital stock OF thus corporation is
hereby fixed, ut the snm VI Ten Thousand
$40 0OO on Dollars, represented by One Hun.
tired flUO) shares, OF one Hundred tSlOO.OJ) |
Dollars each. All stock subscribed Tor snail
be payable in cash ut the time the certificate |
therefor is issued, or the Board OF Directors
may issue certificates OF PAID up stock IN
[yered 10 this corporation or tor services |
actually rendered TO II.
The company shall begin operations AS
soon as Seven Thousand ($7,0WOO) Dollars |
u the capital stock is subscribed.
said capital stock may be increased in the
manner provided for by the laws OF this
state, whenever an increase OF SAID capital
,tOck sh0ll have been authorized, ten days
written or printed notice to each stockhOioer
)haii be given, within which time persons
aOldiug stock IN this corporation shall have
he right TO subscribe ior saIa Increase s.ocx
,tock held by tnem, snd which additional
Ihares shall ve paid TOR at each time ana IN
,uch anIoLnt aud manner AS the boafd OF
DIRECTORS may direct. After the expiration
( SAID LINE the Board OF Directors may dis
,Ose Of the shares not taken for the benefit
Il the company in such manner rs they may
hink proper.
AN transfers of stock shall be made on the
,oOks Of the corporation, and shall be signed
y the stOckhOlder Or mis- attorney.
At oil elections by Or meetings Of the stock
folders, each share Of stock shall be entitled
o one vote to be cast either by the person
. whose name the stock appears on the books
I this corporation at tine time of she voting
{ W his agent or proxy duly authorized IN
irlting to that effect.
ARTICLE vi.
The business and affairs and corporate
overs of this corporation shall be conducted
Y u Board Of Directors, to be composed OF
our "a stocknoiders thereof, and they and
lch OF them snail be elected by a majority
all the votes cast at meeting to be held
,r that purpose N. q. HUH, Joe Hamilton,
|. :, ~ .s President. said Joe Hamilton "a V;ce
Resident; said X. Is. Laws as Secretary /
treasurer; shall Constitute the first Board Of !
iroctOrs, and they shall hold Office until
10 second Saturday in March, A. D., 1911, or
ntii their successors are elected ana quail I