The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-15
CHARTER
vi Inc United States Marine Motor
and Propeller Company.

otdte ol LOUISIANA, Parish of Cad
40, lily OF Shreveport: Be it known
mat On this day before me. Hugh G..
lsher, notary public in and for
the above named Parish and State
duly commissioned and qualified
personally came and appeared the
parties whose names are hereto sub
scribed, all of full age. who declared
tiiataValllng themselves of the pro-
VISIONS OF the laws of this State rel
atlNe to corporations, they have
coVenanted and agreed, and bind
themselves, as well as such other
persons as may hereafter become
associated with them, to form and
constitute corporation and body
polltlc in law, for the purposes and
objects, and under the stipulatiOns,
articles and conditions following, to-
wit:
ARTICLE I.
The name and title of the said
corporation and body polite shall be
"The United States Marine Motor
and Propeller Company" and its
domlcil" 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 i'll its said cOrpOr-
ate name shall have power and au-
thOrity to contract, sue and be sued !;
to make and use corporate seal,
and the same to break and alter at
pleasure; to hold, receive, have.
purchase, improve, ALLEVIATE, convey,
sell, borrow, pledge, mortgage AND
hyDOthecate under and in its saNl
corporate name, property, real, per-
sonal and mixed. immovable anG
movable, corporal and iEcOrpOreal,
tangible and intangible; to name and
appoint such managers, directors,
officers and 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-
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 al
pleasure; and to do all other acts
and things permitted by law, or as
shall or may be necessary ano
proner to carry out the objects and
purposes of said corporation and
BODY polite.
ARTICLE II.
The objects and purposes OF SAID
corporation are hereby declared tC
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 and
power plants, to light cities, supply
pOWer and all other uses to when
its power wheels may be applied; TO
build. own, use and onerate propel..
lers. boats, ships and all manner OF
wafer craft that NAV use It's pro-
pellers; to purchase and own patents
and improvements thereon, relating
in any manner to its business. 10
own, operate, buy or sell factories,
light and pOwer plants; to purchase,
own. lease and sell real estate, ana
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
to law.
ARTICLE III.
The capital stock of said corpora
tiOn and body polite shall be two
hundred and fifty thousand and
nO-iOO dollars (S250,000.O0), divided
into and represented by two thous,,
and five hundred $500 shares OF
the sum of one hundred ($100.OOl
dollars each, the par value thereon
which said stock shall be paid fOI
in cash at the time of issuance, or
The same may be issued at not less
han par in payment 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 ad-
yanced, and for such other valuable
considerations or services as the
hoard of directors of said corpora
ttion and body polite may determine
proyided that no stock shall be Is
sued until a consideration therefor
has been received by said corpora
ton and body polite. Any stock
holder may sell, assign or tranStel
his stock in this corporation nc
body polite, provided thirty 49,
DAYS previous notice of such lnten-
ton to sell, assign or transfer tht
| same be given the company, in writ
| ing, and the other stockholders
thereof shall have the first privilege
| to purchase the same, after which
thirty (3O) days notice, the date o
service and the date of expiration
not counted, the said stock may d.
sold in the open market. The afore.
said clause, provision and Limitation
imposed upon the stakeholder in tn
| disposition of his stock shall b
i printed on the face Of each certlfi
i cate of stock issued by the said cor.
#noration and body polite, and shall
be binding upon purchaser as wei
as the stakeholder. The stock Q
said corporation and body polltl
may be transferred under the abov
conditions. provided such transfer
thereof be made on the books of sal
cOmpany at it's office in the City o