The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1910-04-23
CHARTER
United States OF America,
Stale Oh Louisiana.
Parish of st. Mary.

fore me, ii. T. AlitH- Il NOtdtN uDilC,
duly commissioned and qualified within
and for the Parish of st. .Iary, state Of
Luuis iana, and in the presence OF the vii:
nes,es hereinafter named and undersigned,
personally cane and appeared the parties
whose names are hereunto subscribed,
who personally declare, that awaiting
themselves of the provisions OF the laws
of this State relative to the or5anlzatl on
of corporations for works OF pubic utility
and improvements, and for other pIIT-
noses. they have covenanted and agreed
and do by these presents covenant, agree
and bind themselves a. well as such other
persons, who may hereafter become as
sociated with them or their successors to
form and institute corporation or body
polite ia law, for the objects ana pur-
poses and under the agreements and
stipulations, following, to.wit:
ARTICLE |.
The name and style of this corporation
shall he THE n. G. HUI I'll DREDGING
COMPANY, LINZ TED, and by that name
it shall have power and authority t. exist
and enjoy succession for the full term and
period OF ninety nine years, commencing
on and to be counted from ana AFTER the
date and day hereof.
ARTICLE III.
The domicile of this corporation shall
be in the Parish Of st. Mary. \ Ii citations
and 0tntr ltSdi pioSCoo 81 ~ " oCi'o'
upon the President OF said corporation, or
or in case of his absence orinaDIlIty TO act,
upon the Vice President. Or IN the 40.
sence or inability Of both the President
and Vice President to act, then upon the
Secretary of this company.
The President shall he the executive
officer of this corporations; he shall pre-
side at meetings OF the board Oh Dlrec-
tors, and stockholders
ARTICLE ILL.
The objects and purposes for which this
cornota alton i, established and the nature
OF the business to be carried ON by 1t, are
hereby declared to be as follows, to-wit:
TO buy, sell and deal In land an timber
NJ ali kinds; to drain and improve lands,
wbether 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
nr0ye harbOrs, channels and waterways of
AaIl kinds, whether navlgable or not. and
,XVhether owned by this corporation or
Isother persons, the otale or NaIiohal GOV
ernment: to own, buy, sell, lease, build.
renair or operate dredge: boats, tow boats
ar any kind Of boats. or water craft and
ali the appurtenances and accessories
thereof, OF IN any way connected there
with.
10 build levees and embellishments with
dredge- boats or steam shovels or teams or
wheel barrows, or any other excavating
machinery. 10 buy, sell or lease steam
shOyels. cars, locomotives, ballast unioad>
ers, hosting machinery ard 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
;tv corpOrate name, mold, have, receive,
purchase, convey, sell, mortgage, hypo-
thacate, pledge, lease and spD-lease, and
enioy real and personal property, also
borrow and lend money and make con-
tracts; receive grants OF land, or personal
property, and make and use corporate
seal. the same to after and break at leisure;
to name and appoint such managers, di-
ractors. officers, clerks and agents the
interest and convenience OF said corpora
ton NAV require, make and establish such
bylaws, rules and regulations f,r the
nroper management and regulation OF the
affairs of said corporation, as may re ne.
cassary. and the same to alter aud change
At Measure. and shall possess all the rights,
nowers and privileges to which corpor-
atoms are, or may be b. any general law
or laws of the state authorized and en-
titled to possess.
ARTICLE V.
The capital stock of tniS corporation Is
hereby fixed at the sum OF Ten Thousand
$4,000 00 Dollars, representeu ny one ~, mu M
bred (lOO) shares, OF one Hundreu tSlooooJ
Dollars each. All stock subscribed ioi s man
he navable in cash at the time the certificate
therefor is issued, or the Board OF Directors
may issue certificates OF paid up STOCK III
payment of property or goods actually ue-
iivered to this corporation OF iof seiNices
actually rendered to IL. ... -
The company shall begin operations as
soon as Seven Thousand (SlOJoooJ Dollars
of the capital stock is subscribed.
said capital stock may be increased in the
manner provided for by the laws or tins
State whenever an increase or SAID capltai
stock shall have been authorized, zen uays
written or printed notice to each stakeholder
ANAL be given, within which time persons
y holding stock in this corporation snail nave
the right to subscribe for sdld Increase nc s.ooa
in proportion to the number OF shares VI
stock held by them, and Which auuitiohai
shares shall be paid for at each time ana III
such amoant and manner AS the DoaIu VI
Director, NAV direct. After the expiration
of said time the Board OF Directors may DIS
pose of the shares not taken for the Dement,
OF the company in such manner as they may
think proper.
All transfers of stock shall be made on the
books of the corporation, and shall be signed
BY the stockholder or his attorney.
At all elections by or meetings OF the stock
holders. each share OF stock shall be entitled
to one votSto be cast either by the person
in whose name the stock appears on the books
of chs corporation at the time of the voting
or by his agent or proxy duly authorized IN
wiring to that effect
ARTICLE vi.
The business and affairs and corporate
powers OF This corporation shall be conducted
by "A Board OF Directors, to be composed of
-Four "a stocKnpiders thereof, and they and
each of them shall be elected by a majority
of all the votes cast at meeting to be held
for that purpose. n q. Huth, Joe Hamilton,
X. b. Laws and ii. Z. Moore, with said n &.
Huth as President, said Joe Hamilton as Vice
President; said K. b. Laws as Secretary
Treasurer; shall constitute the first Board OF
Directors, and they shall hold office until
the second saturday III March, A. D., 1911 or
Until their SUCCESSORS are elected ana quail |
ified: each subsequent Board of Directors
shall take their seats Immediately following
their elcs.t ion, or AS soon thereafter prac-
ticable and shall hold their offices until their
successors shall nave been elected and guai-
fed
On the second saturday of March, 1911, and |
annually thereafter, an election for Directors