The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-08
CHARTER
OF NEW ORLEANS STEAMSHIP COM
PANY.

UNITED STATES OF AMERICA. STATE
OF LOUISIANA. PARISH OF OR
LEANS, CITY OF NEW ORLEANS.
Be II Known. That on this third day OF
the month OF January, in the year OF OUT
Lord one thousand nine hundred and twelve
and OF the Independence OF the United
States Of America the one hundred and thir-
ty-sixth. before me. Philip Gensler, Jr.. a
notary public in and for the Parish OF Or
leans. State Of Louisiana, duly commits
stoned and qualified, and in the presence OF
the witnesses hereinafter named and under
signed personally came and appeared the
several persons whose names are hereuntO
subscribed, all OF the age OF majority who
declared that, availing themselves OF the
provisions OF the laws OF this state relative
TO :he organization OF corporations, they
hereby form themselves into and constitute
n corporation for the objects and purposes
and under the stipulatiOns hereinafter SET
forth, to-wit:
ARTICLE 1.
The name. style and title OF this corpora.
ton shall be the NEW ORLEANS STEAM.
SHIP COMPANY, and under that name II
shall have and enjoy all the rights and
privileges granted by law to corporations
II shall exist for a period Of ninety nine
l99l years from the day and date hereof
II shall have the power and authority in its
corporate name TO sue and be sued to make
and use corporate seal. the same to break
alter or amend al pleasure: TO own, hold
receive, purchase, convey, deliver mortgage
hypOthecate and pledge property, both real
and personal, improved and unimproved, and
10 lease and operate steam and sailing YES.
sells: TO issue bonds. notes and other obliga-
tons, negotiable instruments and other evil
denceS OF debt. the same to secure by mort
gage or pledge Of the property of the cor
pOratiOn.
ARTICLE II.
in the City OF New Orleans. State Of Louis
lana; all citations and other legal process
shall be served upon the president and In
the absence Of the president. upon the vice
president. and in the absence OF both OF
these, upon the secretary-treasurcr OF said
corpora ion.
ARTICLE III.
The objects and purposes for which this
corporation is organized and the nature OF
the business TO lie carried on 10y it are
hereby declared TO be as follows: To own.
hire and operate steam and sailing vessels
running from United States ports to foreign
or domestic ports; TO carry freight and pas
Sengers: to lease and charter said vessels 10
others. and to carry on any and all business
incidental to the operation OF steamship
lines TO domestic and foreign ports
ARTICLE ".
The capital stock Of this corporation is
hereby fixed at the sum OF three thousand
dollars (S3,0OO), TO be divided into thirty
~
dollars (SlOO) each, payable in cash or its
equivalent; this corporation to become a
going concern as soon as thirty 900 shares
of stock shall have been subscribed for and
paid in.
ARTICLE v.
The corporate powers Of this corporation
are hereby vested in and are TO be eXer-
Used by a Board of Directors consisting OF
six (6) stockholders.
John b. Honor. James W. Strong. Carter
William hal Ts,1a- A.
Lhote and John Mason snail constitute the
first Board OF Directors, who shall hold
office until the first Wednesday in January,
1918; and in each succeeding year there
shall be held an election of directors Of the
company, which election shall be called by
mailing TO each stakeholder at his last
known place OF residence ten days IO)
written notice. Failure to hold an election
on the date specified shall not dissolve the
corporation, but the directors then in office
shall hold their respective offices until an
election be held subsequently, after ten DAYS
tlO) written notice OF the time and place
thereof, and until their successors are
elected
The officers OF the company shall consist
OF President, Vice-President, Secretary
Treasurer and Manager.
The following shall be officers of the COM
pany until the first election to he held on
the first Wednesday in January. 1913:
President, James W. Strong; vice-Presi-
dent. John 3. Honor; Secretary Urea surer
I.
ARTICLE vi.
No stakeholder Of this CORPORATION shall
ever be held liable or responsible for the
contracts or faults OF this CORPORATION in
any further sum than the unpaid balance
due to the corporation on the shares owned
organization have the effect of rendering
this charter null or exposing a stockhoIder
TO any liability beyond the amount of his
stock. VI AIS
ARTICLE VII.
This act Of Incorporation may be amend
ed, altered or modified, or the corporat ton
may be dissolved, by a vote OF three fourths
C3-4) OF the shares OF stock present or rep
resented. at general meeting of stockhold-
ers called for that purpose after thirty (3Ol
days notice in writing mailed TO the LAST
known residence or place Of business Of each
stakeholder.
ARTICLE VIII.
The capital stock OF this corporation NAV
De increased or decreased in accordance with
existing laws.
ARTICLE IN.
AT the expiration Of this charter. or IL
sooner dissolved, the affairs Of this corpora
tlon snail be hquidated by the Board Of Di-
rectors. VINO are hereby vested with full
power to sell any and all assets Of the cor
poration and to convey full and comnlete
title thereto, and shall have power to do and
perform all acts necessary and proper 10
tuliy and completely liquidate the affairs
=,
holders in proportion to the amount of stock
heid by each; and said directors shall have
the right to apply to the courts for recog-
milton as liquidating commissioners or re-
cevers VI ~
Thus done and signed in nv Office. 10 the
city OF New Orleans, on the day. and in the
month and year first above written in pres
enee or A. Miles Coe and Fred C.. Ouerens.
competent witnesses. who have signed these
presents, together with the said appears and
me- notary. after reading of the whole.
A Miles Coe, Fred c. Ouerens.
Names OF original subscribers omitted)
lie. '' -"'' uo
l, the undersigned Recorder Of Mortgages
In and for the Parish OF Orleans. State OF
louisiana, do hereby certify that the above
and foregoing Act of Incorporation of the
NEW ORLEANS STEAMSHIP COMPANY
was this day duly recorded In my office in
Book 1851, Folio 500 -
New Orleans, January Bird, 1872
!Signed) Emile Leonard, ID. n.
a true copy of the original with the names
OF subscribers and numbers of shares sinh
scribed for, omitted.
PHILIP GENSLER. JR..
jan1s-25, feb1-s-15-22-1 '''