The Caucasian., 1913-05-06
CHARTER
Or Tie United States Marine Motor
and Propeller Company.

state Ol LOUISIANA, PdHISn OF LAO
DO, City of Shreveport: Be ii known
! That on this day before me, Hugh e.
flsher, a notary public III ana for
the above named Parish anu State,
! duly commissioned and qualified,
! personally came and appeared the
parties whose names are hereto sub
scrlbed, all Of full age, who declared
that aVailng themselves of the pro-
| visions Of the laws Of this State rel
atlNe to corporations, they have
cOyenanted and agreed, and bind
themselves, as we'll as such other
persons as may hereafter become
associated with them, TO form and
| constitute a corporation and body
polite in law, for the purposes and
objects, and under the stipulatlOns,
| articles and conditions following, to-
wit:
ARTICLE l.
The name and title OF the said
! CORPORATION and body polite shall be
''lhe United States Marine Motor
and Propeller Company" and its
dOlnicllo is hereby established IN the
| CItv of Shreveport, Parish OF Cadd0,
state Of louisiana; and by its SAID
| corporate name shall have and en-
| 10Y SucceSSiOn, exist and continue.
| unless sooner dissolved IN accord
anCe with its charter, as hereinafter
| set forth, for the period OF ninety
nine (99) years from and after the
| date hereof, and in its said cOrpOr-
! ale name shall have power and au-
| thOrity to contract, sue and be Sueu,
| to make and use a corporate seal,
and the same to break and alter at
pleasure; to hold, receive, have.
purchase, improve. alIenate, convey,
sell, borrow, pledge. mortgage ana
hyn0thecate under and IN It's SAID
corporate name, property, real, per-
sOnal and mixed, lmmoVaDle ana
movable, cOrporeal and incOrpOreal,
tangible and Intangible: to name and
appoint such managers, directors,
oflicerSand agents and employees as
the interest and convenience OF SAID
CORPORATION and BODY polite may re-
uuire: to make and establish such
bylaws. rules and regulations for
the proper management and regula-
lion of the affairs Of said corpora
ton and body polite as may be
deemed necessary and proper, anu
the same to change and alter at
pleasure; and to do all other acts
and things permitted by law, or as
shall or may be necessary and
proner to carry out the objects and
purposes of said corporation and
bodv polite.
ARTICLE III.
The objects and purposes OF SAID
corporation are hereby declared 10
be: TO manufacture marine motor
wheels, for the development OF wa
ter powers in the various ways IN
which its motor wheels may be used
and applied; TO construct power
plants, obtain franchises therefor,
and erect and operate light ana
power plants. to light cities, supply
bower and all other uses to when
It's power wheels may be applied; TO
build own, use and onerate propel-
lers. boats, ships and all manner OF
water craft that NAV use Its pro-
pellers; to purchase and own patents
and improvements thereon. relating
in any manner TO its business; to
own, operate, buy or sell factories,
light and power plants; to purchase
own, lease and sell real estate, and
in general the doing OF any and eV-
erything necessary, incident or con-
sistent with the purposes and oD,
Eiects of said corporation. All legal
process shall be served on the presi-
dent, and in his absence according
to law.
The capital stock of said corpora
ton and body polite shall be two.
hundred and fifty thousand and
no-iOO dollars (S250000.00), divided
into and represented by two thous--
and five hundred (2,5OO) shares OF
the sum of one hundred (6i0OOO!
dollars each, the par value Thereon,
which said stock shall be paid Tor
in cash at the time OF issuance, or
the same may be issued at not less
than par in Davment or exchange
for property. or rights actually re-
ceiyed or purchased by said corpor-
alton and body polite. or the same
be issued, fully paid, for money az
yapced. and for such other valuable
considerations or services as the
board of directors of said corpora
tion and body polite may determine,
nroy ided that no stock shall be Is
Sued until a consideration therefor
/ has been received by said corpora
| tion and body polite. Any stock
holder may. sell, assign or transfer
his stock in this corporation ana sIn
body polite, provided thirty l3oi
DAYS previous notice of such lnten-
| tion to sell, assign or transfer the
same be given the company, in writ
| ing. and the other stockholders
thereof shall have the first privilege
to purchase the same, after when
thirty 800 days notice, the date OF
service and the date of expiration
not counted, the said stock may be
sold in the open market. The afore-
said clause, provision and Limitation
imposed upon the stockholder IN the
disposition of his stock shall %
printed on the face of each certlfi-
cate of stock issued by the said cor,
| noration and body polite, and shall
be binding upon purchaser as well
as the stakeholder. The stock OF
| said corporation and body polite
NAV be transferred under the above
conditions. provided such transfers
| thereof be made on the books OF said
company at its office in the City OF