The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-08
CHARTER
VI the United States Marine Moto,
ana Propeller COmnamv

that o,. ~: S'Spoit. De III known
i E;sh oh TINS day before me, Hugh G.
iha o''et, notary public IL and FOR
d Jne above named Parish and State
uuiy commissioned and qualified
personaliy came and appeared the
parlies whose names are hereto sub
tsTcIiped. an of full age. who declared
tiaI awaiting themselves of The nroN
VISIONS OF the laws of this State rel
allNe to corporations, thew have
opVenanted and agreed, and bind
themselves, as we'll as such other
persons as may hereafter become
associated with them, to form and
constitute corporation and hodI
polite in law, for the purDOses and
onJeGts, and under the stipulations,
afticles and conditions following. to-
ARTICLE |.
Inc name and title of the said
corporation and body polite shall be
The United States Marine Motor
and Propeller Company, and its
dOmlclln is hereby established in the
City OF Shreveport, Parish of Caddo,
state OF Louisiana; and by its said
corporate name shall have and en-
Joy 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-
ate name shall have power and au-
thOrlty to contract, sue and be sued;
to make and use a corporate seal,
and the same to break and alter al
pleas4te; to hold. receive, have.
improve, ALLEVIATE, convey,
sell, borrow, pledge, mortgage and
hyDOthecate under and in it's said
name, property, real, per-
sOnal and mixed, immOvable and
cOrporeal and incorporeal,
tangible and intangible; to name and
appoint such managers, directors,
officers and agents and employees as
the interest and convenience OF said
and BODY polite may re-
quire; to make and establish such
bylaws, rules and regulations for
the proper management and reguia-
ton of the affairs of said corpora
ton and body polite as may be
deemed necessary and proper, and
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 II.
The objects and purposes of said
are hereby declared to
be: To manufacture marine motor
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 and
power plants. to light cities, supply
bower and all other uses to which
It's power wheels may be applied; TO
hliid own. use and ,onerate prOpel-
lers, boats, ships and all manner OF
water craft that NAV use It's pro-
pellers; to purchase and own patents
and improvements thereon. relating
in any manner to it's business; 10
own. operate, buy or sell factories,
light and mower 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 Cd,
iects of said corporation. All legal
process shall be served on the presl-
dent. and in his absence according
10 law. ,,r
The capital stock of said corpora
ton and body polite. shall De Two
hundred and fifty Thousand ana
no-fOO dollars $3.50, 10000, DIVIDED
into and represented by TWO tnous.
and five hundred (2,5OO) shares OF
Lhe sum of one hundred ($iOO.OOl
dollars each, the par value Thereon,
which said stock shall be paid 1Or
in cash at the time OF issuance, or
The same may be issued at not less
han par in navment or exchange
for nrOperty or rights actually re-
ceived or purchased by said corp0f-
alton and body polite, or the same
be issued, fully paid, for money al
yanced. and for such other vaiuaDle
considerations or services as the
hoard of directors OF said corpora
fiOn and body polite may determine,
provided that no stock shall be IS
s,,ed until a consideration therefor
has been received by said corpora
ton and body polite. Any stock
holder may sell, assign OF transfer
his stock in this corporation and
body polite, provided thirty (3O)
DAYS previous notice OF such lnten-
ton to sell, assign or transfer the
same be given the company, in will
ing. and the other stockholders
shall have the first privilege
to purchase the same, after which
thirty (3O) 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 stakeholder in the
of his stock shall DC
printed on the face of each certifi-
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
comnanv at its Office in the City OF