The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-22
CHARTER
OF The United States Marine Motor
and Propeller Company.


and Propeller Company.
State of Louisiana, Parish Of Cad.
do, City of Shreveport: Be it know
that on this day before me, Hugh e
Fisher, notary public in and fol
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 availing themselves of the pro-
visions of the laws of this State rel
alive to corporations, they have
covenanted and agreed. and bint
themselves, as well as such other
persons as may hereafter become
associated with them, to form and
constitute a corporation and body
polite in law, for the purposes and
objects, and under the stipulatiOns
articles and conditions following, to-
wit:
The name and title OF the said
corporation and body polite shall be
"The United States Marine Motor
and Propeller Company" and its
domiciln is hereby established in the
CITY of Shreveport, Parish of CaddG,
State of Louisiana; and by its said
corporate name shall have and en-
ioy 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-
thOrity to contract, sue and be sued
to make and use corporate seal,
and the same to break and alter al
pleasure; to hold. receive, have
purchase, improve, ALLEVIATE, convey.
sell, borrow, pledge, mortgage ant
hyDOthecate under and i'll its SAID
corporate name, property, real, per
sOnal and mixed, immOvable am
movable, corporal and incorpOreal.
tangible and intangible; to name and
appoint such managers, directors,
officers and agents and employees a.
the interest and convenience OF salf
cOrnoration and BODY polite may re
uuire; to make and establish sucl
bylaws, rules and regulations fol
the proper management and regula
ion of the affairs of said corpora
ton and body polite as may be
deemed necessary and proper, an,
the same to change and alter a
pleasure; and to do all other act
and things permitted by law, or as
shall or may be necessary an'
Droner to carry out the objects an,
purposes of said corporation ant
BODY polite.
ARTICLE II.
The objects and purposes. OF sale
corporation are hereby declared u
be: To manufacture marine motoi
wheels, for the development OF wa
ter powers in the various ways II
which its motor wheels may be uset
and applied; to construct power
plants, obtain franchises therefor
and erect and operate light ant
power plants, to light cities, suppl;
power and all other uses to whlci
It's power wheels may be applied; t.
buiid. own, use and Onerate propei'
Iers. boats, ships and all manner
water craft that NAV use its pro-
pellers; to purchase and own patents
and improvements thereon. relating
in any manner TO its business; Il
own, operate, buy OF sell factories
light and power plants; to purchase
own. lease and sell real estate, ant
in general the doing Of any and eV'
erything necessary, incident or con.
sistent with the purposes and OBJ
iects of said corporation. All lega
process shall be served on the presl-
dent, and in his absence according
to law. -
The capital stock of said corpora
ton and body polite shall be two
hundred and fifty thousand ant
no-iOO dollars ($250, 10000, divided
into and represented by two thOus-
and five hundred (2,5OO) shares
the sum of one hundred (IOOOO1
dollars each, the par value thereon
which said stock shall be paid 10.
in cash at the time of issuance, OF
the same may be issued at not less
han par in payment OF 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 al
yanced. and for such other valuable
considerations or services as tn'
board OF directors OF said corpora
ton and body polite may determine
provided 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 transfer
his stock in this corporation and
body polite, provided thirty go
days previous notice of such inten-
ton to sell, assign or transfer the
same be given the company, in writ
/ ing, and the other stakeholder
thereof shall have the first privilege
to purchase the same, after which
thirty 800 days notice, the date
service and the date Of expiration
not counted, the said stock may b'
sold in the open market. The afore-
said clause, provision and limitation
imposed upon the stakeholder in the
disposition of his stock shall b
printed on the face OF each certifi-
cate of stock issued by the said cor
poration and body polite, and shall
be binding upon purchaser as wei
as the stOckhOlder. The stock O.
said corporation and body POLITE