The herald. [volume] (New Orleans, La.) 1905-1953, 1914-01-08

Z / OF 1S-trilflHu lUItElfrIrE ar
pDruti"n. or Of any state. parish county
r ward drainage or suhd-li,a.-a fis,~f.., ~
: any political subdivision iu fhr state ~
y Louisiana or elsewhere
Srrti"n I To consrrr,- r,,r-,r,., Inns.
or otherwise acquire and own ugfrr. In and
, operate steamboats,. sIllu. vessels. nar,,s
AMI other water crafts. rf.rs. dn.l, or
! railway within rla STATE nr Tny.,fr-, ,-
elsewhere as NAV De- rn1y.-i...It pn.,.s,.~,.
~ Incidental TO any business or enterprise
ni me company, With al necessary SIDE
tracks locomotives, ears. d.pn'S, round.
h"H~"N and other equipment Necessary .u.
me operation OF said piers docks. Wuary.-.
iraMNalS or railway suu the traffic .u,r...
On, provided, That his corporation shall
MOI without ana amendment Of This charter
nave me El-Ai 10 exercise power o. ymW"u,
h"IA.h.
>'L'I"h - 10 carry "n any other business
Nh''h under lH" laN % may po entitled tuI
,,Hal1H on "HiSA may seq" =" i." corporal
non =" h. calculated directly or indirectly
J." cHrriUai" the aforesaid objects. or either
81 men, or To i1.Lia'" IL lr 'Ae 'uusac.
','n OIL us Aforesaid 1I-inr~r .r businesses
OF ANY part lN'Lrp., orr IN the i1N~1rflnu Of
lazy ",Arr lawful business that may Toe"
'l.'l.ii,d directly or indirectly tu on
"ahIe 'hr NalNc "I 70 render profitable any
.,.r.r,rly ~ I. .,- .' ,'-"i,f ana
gi,i,nr.,I ,u.,,.,r.. any,, r>ir'' d. ',i
49,, ",'' ~. 49, - ''.''' To-
forth ar gs NJ l.. ,,...'.,..' 800 ,,. ''-
convenient f,. .n....fn, M, ',..". o.,
1,r,.., - iva '"'N.'"- H''" '.J''.> "Ad
y. d.
corporation Is hereby sNId M t,,, hmm .Irs.I
tholI>Ind dollars tX9OO 600 Uul Divided i'm.
ana represented by TWO ,ho,rSard - ono,
shares Il the uIr yaIv,. of nu. Irrnl~'I al
! lars lSlOO.OOb each which r,oi,1l st1rL
| NAV Ia Increased ar reduced IA, -.r,,....Iin,,s
taken i'm the manner prescribed hy la,y me
corporation shall have the ii nj ,a h,-in
land conduct IFS cuisines, aS soon as tiya
thousand dollars 50 600 uol Of .liI stock
I shall hn subscribed
,UTT,Tr 1 IT. ..,... , ,
mi, .,,r,.,r.,i,, -l'.,r i.1 ii,'"rtI ~,
,'I.iri IN ,'''s' ne 1871 a',' 4"I III,
. i.r, VI - sun" >G IN 10, "aha-"d' ny a
70 from anon. the Shareholders m. mr.,
: board of Directors shall consist ~ g :
I Mathews. Mrs II NJ I9yr9s,p ana AFR.
e : VI Vcntr,.,S They shall hold one until
}. thn first Nnpd,,, i- 'D...S,,,ho ioIT ', -,
= and qualified Each hoard az directors in.
- madiately upnn their cIection shall moot
!; and elect q president q yIr. nr.si,Iapt ma
e a treasurer. each OF whom mn.i b." chosen
; from among Their own nunh.r az Tho frst
y board Of directors herein named & :
| Matthew's shall ha rraSfIant NJ. II NJ
r IayraSnu shall he Vice nrrsiiant and Mr.
T = NJ VentresS shall be treasurer an ot
y whom shall hold their Office until tbair suc.
n | cpSSorS are elected
II Tho h,,r, q 5f.,,..,.,. .tor ,.,.. a.,
e I'll. noIIu a.. uIE',lVlS Sha. nave Inc
y crease tbc nnmher nf tb.S boar ~, COY, 40
# onI 'nJ mu't - od Inr o"Iru 10 l3nr ~
y anu 10 tItcl rom among me stockh"Ider,
!, IN j i" ''hP'e'e 'he huuloer OIL
$ ",'' ny Do''u
e | '''' me- -h'iAA'lN Az A''''iih' A'lf
ana annually thereafter, at such hoLf as
If may he hXed by the bylaws. the annual
n meeting OF the stockholders OF this com
3 Pahy Tor the election or directors shall bt
held at the office Of the company. after al
least ten tlo) days notice In writing shall
have been given TO each stakeholder OF tbs
time ana place or holding said annual elec
tlon, which notice in writing TO each stock
holder may he served by transmitting SAME
10 MIN through the mails, addressed TO hi
> company or If no s2ch address be regis
tered then addressed care general delivery
y New orleans, la.
= The voting for directors shall be by la
a lot and each stockhOlder In person or by
10 proxy. shall be entitled TO cast one vote 70,
a each share OF stock owned by him. which
n shall have been standing in his name or
4 the cOmpany'S books for at least ten day.
:. prior to the date OF said election. fail
: ure from any cause whatsoever TO hold said
n annual election or meeting. or 10 elect d
\ rectors or officers on the date above speci
o fed, shall not dissolve the corporation /; but
p. the directors and officers then In office shall
10 hold over until their successors shall have
J. been elected and qualified. and it shall he
70 the duty OF the board OF directors. within
v ten days. TO conven" another meeting OF
" stockholders. for the purpose OF electing di
! rectors. Of which meeting each stOckholdeI
IS shall have three days prior notice. in writ.
J. ing, by mail, as aforesaid. issued TO him by
n the secretary Of the company. A failure
s OF the board OF directors 10 convene such
a second meeting, or a failure TO elect d.
rectors at said second meeting. shall like
|
s incumbent directors and officers shall re-
IS main in Office until their successors are
s elected at the next ensuing annual election
II and have qualified In case OF the death
a or resignation Of any director or officer be-
a fore the end of his term OF office the va
p cancy shall he filed BY the remaining d.
= RET tors by the election in his place OF n
p stakeholder. who shall act until his sue
n cessor shall have been elected, at the next
r ensuing annual election, and shall have
l. qualified.
. ARTICLE VIA ma iOrity of the hOa I'd
Il OF directors present, either in person or by
/: proxy, on condition that together they own
n ma jority OF the outstanding stock OF the
a corporation. shall constitute a quorum fol
" the transaction OF all business OF the com
4 pany by the said board and a majority
3 vote OF any meeting OF said board shall pre-
p vail, except as herein otherwise provided.
v A majority OF the board OF directors (pro
J. vided such Majority own a majority OF the
"A outstanding stock Of the cOrporation) shall
10 have the right, without consulting with oil
o obtaining the consent OF the stockholders
a OF this corporation 10 sell or ALLEVIATE al
Is or any part OF the real estate or othel
property owned by or belonging to this cor
r pOration, or TO mortgage all or any part o.
r said property for any amount and on any
A terms and conditions that said board OF di
II rectors may see fit and to issue as securit,
r for said mortgages. bonds, notes or othe