The herald. [volume] (New Orleans, La.) 1905-1953, 1915-04-15
CHARTER
OF THE NEW ORLEANS-CUBAN STEAM
SHIP COMPANY, INC.


United States of America, State OF louisiana,
Parish Of Orleans, City of New Orleans.
Be il known, That on this eighteenth CSth)
day of the month of March, in the year OF our
Lord one thousand nine hundred and fifteen,
and of the independence of the United States
of America the one hundred and thirty ninth,
before me, James Simeon, notary public,
duly commissioned and qualified, in and for
the Parish of Orleans, State of louisiana,
therein residing, and in the presence of the
witnesses hereinafter named and undersigned,
personally came and appeared: /. Edwin l..
Powell, whose postoffce address is 1881 Expo:
stion Boulevard, New Orleans, Louisiana
William s. Bryan, whose postoffice address is
4i9 Walnut street, New Orleans, Louisiana
William X. Dart, whose postofhce address is
sos Canal street, New Orleans, Louisiana, be-
ing all of the full age of majority, who de-
clared that they have agreed to form and do
by these presents form a corporation under
the laws of Louisiana, for the objects and
purposes hereinafter set out
Article 1.-The name of this corporation shall
be New Orleans. Cuban Steamship Compa-
ny, Inc" 1t shall exist for twenty-five years
Its domcile shall be in New Orleans, Parish
of Orleans, Louisiana. Citation or other proc.
shall be served on the president, OF upon
the vice-president, or upon the secretary
Article 1.-THE objects and purposes of TINS
corporation are to acquire the steamship MO
bila' and to operate the same in trade and
navigation; TO engage in trade and naviga-
proper, pertinent or necessary, TO the COM
plete exercise of the functions herein con-
hded to said corporation, and to mortgage,
sell, or dispose of such steamship.
Article III-The capital stock of this corpor-
alton shall be seventy-hve thousand dollars
(S5,00O), divided into seven hundred and fifty
O5O) shares of one hundred dollars (SlOO)
each; sixty-fve thousand dollars (s6s 900 of
said capital stock shall be issued to the said
Powell and Bryan, subscribers hereto for the
purchase price of the S s. "Mobila";
the remainder of the said capital stock, to-
wit: ten thousand dollars $4,000, shall be
paid for in cash.
All stock shall be of equal dignity and en-
titled to the same rights in this corporation.
The capital stock aforesaid may be in
creased to FIVE hundred thousand dollars
The S. S. "Mobila" referred to in the
preceding paragraph is an iron and steel
ocean going steamship of 1853 tons net regis
ter, 81 feet long and 35-foot beam, now lying
Orleans. at the wharf of the American Sugar
Refinery. The said steamship is seaworthy, in
good order and condition, and is appraised
and valued by the subscribers hereto at the
Article IV-All the corporate powers herein
conferred, or conferred by law upon corpora
tons, including the power to sell any or all
the property OF the corporation, shall be exer-
clsed by board of directors composed of
three stockholders, but the board of direc. !
tors may be increased to five members by
resolution adopted at any meeting held by
a quorum.
The first board of directors shall be: Edwin
I. Powell, whose pOstofice address is 1881
Exposition Boulevard, New Orleans, Louisi. |
dress is 4l9 Walnut street. New O orIea Is
Louisiana; and William X Dart, whose po.t,
oihce address is sos Canal street, New Or
leans louisiana; who shall serve for one
and qualified. the present board to serve
until the third Monday of January, 1916.
article VA meeting of the stockholders |
shall be held annually, on the third Monday |
y q January, Tor the election of the board of |,
directors, and If for any reason said meeting |
IS not held on said day, then less than
quorum of the said stockholders NAV adjourn
'aid meeting to any other day and until |
Quorum is present and board elected.
Article VI-The names and postofice ad.
iresses OF the subscribers to these articles
u Incorporation and the amount of shares
Which each agrees to take are:
EDWIN L. Powell, whose postoffice address
5 1881 Exposition Boulevard, New Orleans.
louisiana, for five hundred and sixty (56OI
shares, to be paid by and through the trans.
er ana sale to this corporation of the s.
;; Mohila" aforesaid, and eighty.seven
80 shares to be paid in cash at the time Of
William S. Bryan, whose postofice address
4l9 Walnut street, New Orleans, Louis.
ma ior ninety wv shares, to be paid by and
through the sale of the S. S. "Mob;la"
foresaid, and ten (l0) shares, to be paid in
ash Isl "a, at the time of subscription
William X Dart, whose postotice address
0O8 Canal street, New Orleans, Louisiana
pr tnree ~ shares, to be paid in cash al
ne time of subscription.
thus done and passed, in my Office, in IN.
lty OF New Orleans, on the day, month and
ear hrst above written, in the presence of
lenry T. Dart and Benjamin w. Dart. com.
etent witnesses, who hereunto sign their
ames with the said appearers, and me. no.
Try, after due reading of the whole.
lOTiginal signed Henry P. Dart, BENJAMIN
]. Dart. Edwin L. Powell, for go shares
81 Exposition Bouvelard, New Orleans:
William S. Bryan, for 100 shares. 4io WaInut
rect, New Orleans William Herman Dart,
y shares, sos Canal street, New Orleans:
.mes Simeon, Not. Pub.
1; the undersigned, recorder of mortgages in
ID Tor the Parish of Orleans, State OF Lon.
lana, do hereby certify that the above and
regoing act of Incorporation of the "New
rleans-Cuban Steamship Company. Inc
as this day duly recorded in my Office. in
Dok 1l57, folio = "
New Orleans, March 18th, 1915.
(Signed) Emile ]. Leonard DIV r
true copy. James Simeon, Not. Pub.
Mch 2S-Apr I.als12oo