The herald., 1913-07-24
CHARTER
OF THE HENRY PETERS DERRICK &
LIGHTERAGE COMPANY.
UNITED STATES OF AMERICA. PARISH
OF ORLEANS, STATE OF LOUISE

VI ohlIf.ANS, SlAlE OF lNDl' ISL
! ANA. CITY OF NEW ORLEANS
BE II known, that on this twenty-fifth day
| Of the month Of June. in the year one thou
sand nine hundred and thirteen, before me,
Robert legier, 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
/ scribed. who declared that. availing them
selves of the provisions Of the laws of this
state relative 10 the organization Of corpO-
! ratiOnS, they have COvenanted and agreed
and do, by these presents, covenant agree
| bind form and constitute themselves as well
as such other persons a may herea fter join
| or become associated with them into a cor
pOratiOn and body polite in law for the
OBJECTS and purposes, and under the agree
ments and stipulatiOnS following, tO-wit
/ ARTICLE 1.-The name and style Of this
corporation shall be the HENRY PETERS
DERRICK AND LIGHTERAGE COM
| PANl, and under that name II shall have
and enjoy all the rights. advantages and
! privileges granted by law to corporations !:
1t shall exist for a period OF ninety-nine
years from the date hereof: it shall have
power 10 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-
pcrty, real, personal or mixed: to issue
bonds, notes and other obligations: TO 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
Tor the corporate management and control
of the business and affairs Of said corpora
ton as may be deemed necessary or exped-
emf.
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 vice 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 lll.-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 It's own
account or for the account OF Others water
. 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. derrlcks, rail-
roads, tramwayS and canals, buildings,
docks workshops and mechanical plants; to
engage in and conduct a general lighterage
and stevedOre business, and generally TO do
and engage in any other business. undertake
ing or enterprise connected with. growing
out OF, germane or incideta to any OF the
objects and purposes hereinabove set forth
or contemplated by this charter
| ARTICLE lV.-The capital stock OF this
Is hee6y S at the
divided into five hundred (500) shares OF
the par value OF two hundred 1920 OO) dol
lars. each. which said stock shall be paid for
: 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 assessable 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
; checks of the corporation shall be signed
: by the president.
!, ARTICLE V.-All the corporate powers
, Of this company shall be vested in and the
q mana cement and control of its business and
: affairs shall be exercised by a board OF d.
: rectOrs TO be composed Of three stockholders
a majority of whom shall constitute 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
e stockhOlder shall be entitled in person or by
: written proxy to one vote OF each share Of
{ 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
s regulations as may be determined by thu
: board OF directors. but after at least ter
r days notice of such election shall have beer
/ given to each stakeholder by mall sent t
s one OF the daily newspapers published II
, English in the city Of New Orleans. Tit
r directors thus elected shall hold once 10
4 one year or until their successors shall hav'
v 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
d filled by the remaining directors for the un
e expired term. Said board of directors shall
: at its first meeting after its election, nomi
|. nate and elect from among its number.
J. president, a vice-president. a secretary an
a treasurer. 1t may combine the two las
Is mentioned Offices Into one, and may eve
n elect a secretary who need not be a stock
v holder. Said board OF directors shall hav
I the right to appoint and dismiss such clerks
!. managers and other employees OF the corpC
n ration, including the secretary who Is not
!. stockholder or directors as conditions ma
, Justify or the business Of the corporation
4 NAV require. The tenure Of office Of all tn
ii employees Of the corporation shall be durin
l. the pleasure of the president of said corpc
ration.