The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-01
CHARTER
OF the United States Marine Motor
and Propeller Company.

uO, bltN VI shreveport. 1pt II hiipN IL
| that on this day before me, Hugh e.
| Fisher, a notary public IN and. Tor
| 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
( that aNalling themselves of the pro-
| visions of the laws OF this Stale rel
alive to corporations, they have
covenanted and agreed and bind
| themselves, as we'll as such Other
persons as may hereafter become
associated with them, to form and
| constitute d corporation and body
polite in law, for the purposes and
objects, and under the stipulations,
articles and conditions following, to-
lWlt:
| ARTICLE +.
The name and title of the said
| corporation and body polite shall be
The United States Marine Motor
and Propeller Company, and its
domicile is hereby established i'll the
CITY of Shreveport. Parish Of CaddG,
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 800 years from and after the
date hereof, and in 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 i'll It's said
| corporate name, property, real, per
| sOnal and mixed. immOvab1c and
| movable, corpOreal and incorporeal,
tangible and intangible; to name and
appoint such managers, directors,
Iof1icers and agents and employees as
the interest and convenience of said
| cornOratiOn and BODY polite may re-
duire; to make and establish such
bylaws, rules and regulations for
the proper management and reSula-
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 ana
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 to
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 which
its power wheels may be applied: to
build. own, use and onerate propel-
lers, boats, ships and all manner oil
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 OBJ
jects of said corporation. All legal
process shall be served on the pfesl-
dent, and in his absence according
to law.
ARTICLE TIT.
The capital stock of said corpora
ton and body polite shall be two
hundred and fifty thousand and
no-iO0 dollars f$250.000.00l, divided
into and represented by two thous-
and five hundred (2.500) shares OF
the sum of one hundred (SlOO.00l
dollars each, the par value thereof,
which said stock shall be paid for
in cash at the time of issuance, or
the same may be issued at not less
than par in payment or exchange
for property or rights actually re-
ceived or purchased by said corpof-
alton and body polite. or the same
be issued, fully paid, for money adj
vanced, and for such other valuable
considerations or services as the
board of directors of said corpora
ton and body polite may determine,
provided that no stock shall be is
sued until consideration therefor
has. been received by said corpora
ton and body polite. Any stock
holder may sell, assign or transfer
his stock in this corporation and
body polite, provided thirty 800
days previous notice of such inten-
ton 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 which
thirty (30( 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
disposition of his stock shall be.
printed on the face of each certifi-e
cate of stock issued by the said cor
Doration and body polite, and shall
be binding upon purchaser as well
as the stakeholder The stock of
said corporation and body polite
may 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
Shreveport, Parish of Caddo, State