The herald., 1916-12-28
December Z, 1916.
CHARTER
oF HILDEGARD SHIPPING COMPANY
UT INC.


or uunFGARD SHIPPING COMPANY
VI me- INC.
limited States of America, State OF Loulsi
ana, Parish OF Orleans City OF We"
Orleans.
n. :, known. that on this seventh day Of
,hs month OF December, in the year OF oui
in,d one thousand nine hundred and SIX
,sen. and Of the independence OF the United
States OF America the one hundred and
so,,;s,b. before me, w. Morgan Gurley, no
,sry public, duly commissioned and quail
"a in and for the parish OF Orleans, State
a louisiana personally came and appeared
the several persons, whose names are SUD
seribed hereto, who declared that, awaiting
themselves of the laws OF the State OF Lou
;s;.,s IN such cases made and provided
and particularly of Act No. 267 OF 1914, they
desire 10, and do hereby form themselves
into a corporation under the name, and toI
the objects and purposes, and under Inc
terms and conditions hereinafter set forth
Article 1.-The name and style of this cor
poration shall be Hildegard Shipping Com.
pany, Inc, and, under this name, 1t shall!
have all the power and authority conferred
UPON corporations by the laws OF the state
Of Louisiana and Of the United States OF
America II shall have existence for Pc
nod Of ninety-nine yeas from this date,
unless SOOUCT lCkdll1 hioSOlNCA- -
have power 10 contract, sue and be sued,
in its corporate name; TO make and use a
corporate seal, and the same TO break or
alter at pleasure; to hold, receive, lease,
suitcase, purchase, sell, convey, and ex-
change property, real, personal, or mixed; to
70 S"a Or SfSa @ 25 and iam
liable things generally, in any matters con-
nected with the purposes or business of the
corporation; to issue bonds, notes, and other
allegations, and negotiable instruments, and
commercial paper generally; to appoint such
officers, agents, managers and employees gen.
orally, as the business and interests of the
corporation may require; TO change, modify,
or amend this charter, and TO establish, al
ter and amend all rules, regulations and
bylaws for the conduct and management OF
the business Of the corporation in any way
conformable TO law.
Article 1.-THE domicile of this corpora
ton shall be in the city of New Orleans,
State Of Louisiana, and all citations or other
legal process shall be served upoh the pres
ident OF this corporation, or, in the event Of
his absence or inability to act, then upon
the viee-president; and, in the absence of
both these officers, service shall then be
made in the manner provided by law.
Article lll.-The objects and purposes for
which this corporation is organized, and the
nature OF the business to be carried on by
H. are hereby declared to be:
The buying, selling, exchanging, leasing,
shartering, and engaging, and disposing gen.
eay of vessels Of all descriptions, der
neks, dredges, barges and generally all spe-
sies Of floating movable property, used in,
o., or about the water; the right to main
tam and operate the said property for any
use Of which il is susceptible in any and
al places, states or countries; the right 10
contract for the use of any space, portion,
par o. vessel, or for any partial use
all A. L.
ter Of the corporate property, as previously
sel iortn; the right to contract in the cor
pirate name for the corporations own ben
sn1 ana with the corporation as principal, or
io' me Dement, OF others, and as the agent,
representative OF others; the right 70 &C.
S ;rss any existing, or future, lines of bus
..sI toeetner with the property and good
VII tnereoi, Of character similar to the
lnes o. business contemplated by This char
n, INC right to act within the contemplated
. .n.s o. business in conjunction with others,
ss..a = as part-owners or as partly inter
n .o-, NC subject matter, as well as for
Aunt Aunt; and generally to do any and all
a ,.nss IN keeping with the corporate pur-
rsss or properly identifable. or hereafter
so.ns Is loeniihed with the character of the
- F',se property, whether such purposes
ar nv sO'sS's arc herein specifically set out,
Article lV:-The capital stock of this COR
s ,sa.. Is hereby fixed at the sum of five
h assund dollars ($s.0000O), divided into FIVE
-. &C. snares of the par value of ten dol
1s -N000) each. - -" WI
\ eapital stock of this corporation NAV
Ian t sIooeood % the sum OF ten thousand dol
Aoekholder shall sell or DISPOSE of any
hsirs s a@ o. this corporation without first |
crif ayIneIeo the same for sale 20 the other |
prrsi&,s oy letter addressed to the |
sor,sr,.s.o " 70 the board of directors of the /
ps,d ss, naming therein the lowest pro-
'ess Il ~, % sag stock and the proposed |
receipt a. sale. After thirty days fIem the |
4 ~ s y saeh written offer, and the failure !
sh,,. sseoSknolders, or any of them m MIR.
Il AL. sad stock upon the proposed terms 1
psopossa" 4, ieast terms no worse than those /
be al line owner of the stock shall then |
than III ~, 10 sell such stock for not less |
said proposeS proposed price and upon the |
more favo-.Si terms, or at least terms not 4
subnits.s soie 10 the purchaser than those
shan sns,- 70 the stockholders. This nile
sale 81 49,, y each specific sale, or proposed
's0si, X. any stoekhOlder pledge any of his
aaining storI L,s immediately notify the re-
resids,, through a letter addressed ~ the
he afo-..oil, NE board OF directors az in
stock az ~ case OF a proposed sale of
WI the iact OF such pledge. together
md shall s-.n and address of the pledge,
! copy az - sompany such notification with
nd beio,.' me act, or instrument, of pledge;
ssdseor to ne e ~, upon, i the default Of the
ne corna.sus pledged, the stockhoIdrrs az
I'd pl eds.ao,19. shall be entitled to take up
: thereby sn.s;. obligation, and they shall
= the or;v;p.S' subrogated to the rights
pedgee n s n, Pledge or any SUBSEQUENT
Khere :. al Particulars.
= sccordss stockholders of the corporation
Z shsreheIS.. either the right Of purchssing
.sdss oSiisaT,;so,' stock or Of taking up his
70 right sbsIi as hereinabove set forth,
esidaal bb, oIii IN the proportion Of Their in.
sssay the rens; Of stock, and then ratably
NE his r;n stockholder not elect To ex.
~ remain sn,' and SO on, until the right
stholders sbo one stoekholder, if all other
night. should decide not to exercise
"a sher. s .i shall make no transfer of
rsphs .ne provisions of the foreso;ns ,
and ~ lave not been fully comnlied
- % de me corporation shall also i. en.