The herald., 1913-07-31

United STATES OF AMERICA, PARISH
ANA, CITY OF NEW ORLEANS.
lie II known, that on this twenty-fifth day
or the month OF June, in the year one thou
sand nine hundred aud thirteen, before me,
Robert l4egier, notary public, duly COM
miSsioned, qualified and sworn In and for
the parish OF Orleans, state Of louisiana
aforesaid. therein residing and in the pres
ence OF the witnesses hereinafter named and
Undersigned; personally came and appeared
the persons whose names are hereunto sub
scrioed, who declared that, avaling them
selves or the provisions Of the laws OF this
state relative to the organization OF corpo-
ratlOns, they have COYenanted and agreed
and do, by these presents. covenant, agree
bind form and constitute themselves. as we'll
as such other persons as may hereafter join
or become associated with them into a cor
poratiOn and body polite in law. for the
0oJects and purposes, and under the agree
ments and stipulatiOns following, to-wit:
ARTICLE 1.-The name and style OF thi.
corporation shall be the HENRY PETERS
DERRICK AND LIGHTERAGE COM
PANY,' and under that name it shall have
and enjoy all the rights, advantages and
| privileges granted by law to corporations
1t shall exist for period OF ninety-nin
years from the date hereof: IL shall have
power to contract, sue and be sued in its
| corporate name; to make and use a corpo-
rate seal, and the same to break or alter at
pleasure TO hold, receive, purchase con-
| vey, mortgage, hypOtheCate or pledge pro-
| Iperty, real personal or mixed; TO issue
bonds, notes and other obligations; 10 have
and employ such managers, directors, Off
GERS, agents and other employees as the In
| terest and convenience Of said corporation
may require or demand; and TO make and
establish such bylaws, rules and regulations
| for the corporate management and control
| Of the business and affairs Of said corpora
tion as may be deemed necessary or expedi-
ent.
ARTICLE 1.-THE domicile of said cor
poration shall be in the city OF New Orleans
state OF Louisiana, and all citations and
other legal process shall be served on the
president Of said company and In his alb
sence on the yce-president of said corpo-
ration. In the event OF the absence of both
of said officers then said process shall be
served on the secretary.
/ ARTICLE III-The objects and purposes
for which this corporation is organized. and
the nature OF the business to be carried on
| by 1t are hereby declared to be: to own,
lease, hire, rent and operate for its own
account or for the account OF others, water
i craft, tugs, barges, derricks, railroads, tram
ways and canals; to construct and erect or
contract for the construction and erection of
said water craft tugs, barges, derricks. rail-
roads, tramways and canals, buildings,
docks workshops and mechanical plants; to
engage in and conduct a general lghterage
and steyedOre business, and generally to do
and engage in any other business. undertak-
ing or enterprise connected with. growing
Eout OF, germsne or incidetal to any OF the
objects and purposes hereinabove set forth
or contemplated by this charter.
| ARTICLE IV.-The capital stock OF this
corporation is hereby fixed at the sum of
one hundred thousand (s100, ,000.0Ol dollars.
divided into five hundred (500) shares OF
the par value OF two hundred (S200.00) dol
lars, each, which said stock shall be paid for
in cash on the call OF the board OF directors
or may be issued at not less than par for
services rendered to or property actually
purchased by the corporation.
All shares OF stock shall be full paid and
non -sssessable. No transfer of stock shall
be binding upon the corporation unless made
upon its books. and all certificates OF stock
shall be signed by such officers as may be
designated by the board OF directors. AL
checks of the corporation shall be signed
by the president
;, ARTICLE V.-All the corporate powers
OF this company shall be vested In and ths
management and control OF its business and
affairs shall be exercised by board OF di
rectOrs to be composed OF three stockholders
a majority OF whom shall constitute a quo
rum for the transaction of all business
Said board OF directors shall be elected an
nually on the first Monday OF June In eacf
year. by ballot OF the stockholders, and eacf
stockhOlder shall be entitled in person or by
. written proxy to one vote Of each share o.
stock owned by him and standing In hi!
E name on the books OF the corporation. Al
elections shall be held under such rules anC
8 regulations as may be determined by thu
board OF directors. but after at least tel
r DAYS notice OF such election shall have beer
: given to each stockholder by mail sent t
his last-known address, or by publication II
s one OF the daily newspapers published II
= English in the city OF New Orleans. Th'
directors thus elected shall hold once 70
Z one year or until their successors shall hav
: been elected and duly qualified. No failur
to hold an election shall be regarded as
: forfeiture OF this charter. Any vacancy oc
. curing on said board Of directors shall b
] filed by the remaining directors for the IN
e expired term. Said board OF directors shal
: at its first meeting after its election, nom
nate and elect from among its number,
: president a vice-president, secretary an
a treasurer. 1t may combine the two las
9 mentioned Offices into one, and may eve
Z elect a secretary who need not be stock
' holder. Said board Of directors shall hav
: the right to appoint and dismiss such clerks
mnaagers and other employees OF the corpc
4 ration. including the secretary who Is not
) stockholder or directors as conditions ma
| Justify or the business of the corporation
i may require. The tenure of office Of all tn
Il employees Of the corporation shall be durin
E the pleasure Of the president Of said corpc
ration.