The herald., 1916-11-30

| presents covenant, agree and bind them
selves. their successors. their heirs and as
signs, ard form themselves into and consti
tute corporation for the objects and pur'
, poses following, to-wit:
) Article The name and title Of this cor.
poratiOn shall be The CarIoca Company
Inc and under said corporate name, II
! shall have all powers and authority granted
Nv ne laws Of this state and not expressly
withheld from corporations.
| AIucIe 1.-THE objects and purposes OF
this corporation declared, generally, TO
| be the purchasing, building, owning and
! operating vessels propelled by steam or any
J.ner motive power, and all other business
| connected herewith, growing out OF or nee
essary for the said objects and purposes
and in doing, the said corporation shall
have power to purchase real, personal or
mixed property OF all kinds, and the same
! to hold at their convenience.
capital stock of this cooperation shall be
one hundred thousand (SlOO,OOOOO dollars.
The present capital stock OF this corpora
ton shall be nifty thousand CS5o,OOW) dol
i lars divided into one hundred COO) shares
Of the par value OF FIVE hundred (S5O00O
dollars each All said stock to be common
| stock, and this corporation shall commence
| business as provided by law.
| Article IV.--The said stock shall only be
| partially. or condtionally, negotiable, II
being conditioned as condition precedent
! that OF the stock presently subscribed
| or issued, or hereafter subscribed or issued,
| shall be susceptible of being negotiated
| pledged or mortgaged. nor can any rights
he acquired Hereunder by pledge, mortgage
| or negotiation except, hrst, the SAID pledge,
| negotiation or mortgage, or request 10 pledge,
| negotiate or mortgage the said stock shall
| be submitted to the stockholders of this
| corporation At a meeting specially convened
/ for that purpose, al which said meeting
| majority of stockholders voting thereupon,
| shall at that time agree that this negotIa-
| ton, pledge or mortgage shall be permitted
| ard that a duly certified copy of which said
oil no auueyeH N such stock so
| 20 he negotiated. pledged mortgaged.
The said stock shall be further only par
tally or conditionaly the subject OF sale
and transfer. in that all stock presently
subscribed for or issued. hereafter sub
scribed for and issued, shall be subscribed
and issued under the specific condition that
the said stock cannot and shall not be de.
vised. sold transferred; nor can the rights
Of the subscribers and owners thereof be
transferred except solely after the subscrlb-
ers or owners shall have first offered for
sale To the stockholders and subscribers then
owning stock in this said corporation, the !
said stock which the said subscriber or
owner desires to sell. which said offering |
shall be in written form, and for a term
# thirty (SO DAYS. and the said writing |
shall be addressed 10 this said corporation
and also to the stockholders of record upon |
he stock ledger and stock records OF this |
Ii being further understood and agreed |
by all parties, that the fixed offering price |
at which the said stock shall be sold, shall |
not exceed the book Salue OF the Sald STOCK |
as shown by the books of the corporation at |
he next preceding annual meeting, at which l
price, any or all OF the then existing stock.
holders in this corporation. shall be entitled
II the said stock so offered, within the said /
'erm of thirty 800 days. This provision is
agreed and covenanted as a condition pre-.
cedent to the right of devise or sale of any
resale or re-transfer thereof, and the pro-
visions OF this article OF the corporation shall
be printed the face of all certificates of
stock hereafter to be issued, and public
notice is presently made of this provision in
he advertisement of this act of incorpora-
ton.
Article V.-The domcie of this corpora
ION shall be in the city of New Orleans.
State of Louisiana, and all citations or other
egal process shall be served on the presi-
lent of this corporation.
Article NI-ThiS corporation shall exist for
term of twenty-five (2) years, unless
iqudated prior thereto, as provided by the
Article VII.-All corporate powers of this
.orporation shall be exercised bv and through
l board Of directors, composed of four (D
stockholders; the officers Of said board being
l president, a e-president, secretary and
treasurer, and more than one of the said
'fhcess may be held by one member of the
'oard.
The corporate powers of this co-poration
accordance with the bylaws of this corpo-
-ation; special and general powers being
specifically given to a general manager by
he bylaws of this corporation.
The officers of this corporation for the en-
suing year are declared to be:
Biddle W. Allen, president, No. l26 Taylor ,
Avenue New . Orleans ts; Dr. Carroll W.
street, New Orleans. La; Henry NJ Allen,
treasurer, No. 43O4 Coliseum street, New Or !
cans, La; Camille J. Friedrichs, secretary,
No. l4ll West End boulevard, New Orleans, ,
The said officers shall act until their sue n
'essors are elected and in the event of
allure to elect officers, they shall hold Office
Meeting of the stockholders, which said 4
General stockholders meeting shall be held ,
N the second Monday of November Of each i
,ear except when the said date shall be a
lies non, in which event the said meeting | v
hall be held upon the next following legal a
lay. =
All elections to be by ballot, majority of p
otes cast to elect, and each share of stock
o entitle the owner thereof to one vote, II
1hether in person or by proxy. "
Article VI11.-In of continued alb | m
ence, inability, or non-performanee of duty. Z
kept where the said absence, inability or Z
of duty shall arise from q
emporary physical disease. the majority of
ne board of directors are empowered to ap- ;
such officer absent. unable, refusing or i
collecting TO perform such duties :,
Article IX.-All checks shall be signed by n
W ~ officers of this corporation. =
"
tv Of New Orleans. on the day and month :
nd wear aforesaid, in the presence Of John | n
Hollingsworth and Samuel Manfre com. ! n
etent witnesses, residing in this parish / 8
no have signed their names with the said p,
art,es ard me, notary, after a full reading r,
the whole ~
Original Signed: Mrs. B. w. Allen, (born
irginia Woods), share, Lakeview. ~ O.; De
enIy NJ. Allen, 8 shares, 1904 Coliseum o
p. o.; Carroll w. Allen. % shares. SO Ma. Or
lech Bldg. City; Camille J. Friedrichs. 20 y
lares;, BOZ Whitney Central Bldg; B;ddle II
:, Allen. 80 shares, 307 Whitney Central e
lds Witnesses: J. C. Holingsworth, Sam. 'y!es
BUS. RoUEN. Not Pub. ab
l, the undersigned. recorder of mortgages M
and for the parish Of Orleans, State of ~
ouisiaua, do hereby certify that the above ie
ID foregoing act Of incorporation OF The n
'r,oca CO.. Inc, was this day duly re-
,rded in my Office, in book 1901 folio $50 Ii.
New Orleans, November l6 1915 I'll
,, CSigned): EMILE J. LEONARD. w
, zeal, by. r. It
|. Bussiere Rouen. notary public for the h,
rish Of Orleans. Louisiana, do hereby Ger. ~
" the above and foregoing to be true Ip
ny OF the ORIGINAL act Of Incorporation of n
he Carioca Compayn. Inc and of .h. sh;