The herald., 1916-11-23

presents covenant, agree and bind them
selves their successors, their heirs and as
signs. and form themselves into and constr
tute a corporation for the objects and puI-
ArticIe THE name and title OF this cor
no-ation shall he The CarIoca Company
Inc" and under said corporate name, "
Shall have all powers and authority granted
bv the laws OF this state and not expressly
withheld from corporations.
Article 1.-THE objects and purposes OF
this corporation are declared, geueraIE' -
ne the purchasing, building owning anu
oneratinp vessels propelled by steam or any
1iher motive power, and all other business
connected herewith, growing out Of or nee
rssarv for the said objects and purposes;
and in doing. the SAID corporation 1'i@ ~
have power TO purchase real, personal OF
mixed property OF all kinds, and the same
10 hold at their convenience.
Article II-The amount OF authorized
capital stock OF this '0t sP1S5nS0M dollars
The present capital stock OF this corpora
,ion shall be fifty thousand (S5O,WO) dol
lars. divided into one hundred (lUO) snaT re-
dollars each All said stock TO be common
stock. and this corporation shall commence
business as provided by law. .,
Article IN-The said stock shall only ne
partially. or c3nditionalIy, nego',a rere,dent
being conditioned condition pTecedehIi
that none of the stock presently suOScTlOeu
~ issued. or hereafter subscribed or issued
| shall be susceptible of being negotiated
oiedged or mOrtgaged, nor can any rights
| be acquired Hereunder by pledge, mortgage
ar negotiation except, FIRST, the SAID pieIse'
negotiation or mortgage, or request 10 P'eusTT,
negotiate or mortgage the said STOCK sn hiI
he submitted to the stockholders OF 'hlS
co-noration at meeting specially convened
Tor that purpose. at which SAID meeting d
raio-itv OF stockholders voting thereupoh'
| shall at that time agree that this neEo,aSS
hal u.
| and that a duly certified copy OF whlch salu
| motion shall be annexed to such stock 50
| 20 he negotiated. pledged or moTtgaged;
The said stock shall ne iurther ""IE FL
md transfer, in that all stock presently
/ subscribed for or issued, or hereafter SUI,
srribed for and issued, shall be suoScripeu
| and issued under the specihc CONDITION tna'
| ~ said stock cannot and shall not be de-
USED sold or transferred; nor can the rights
| Of the subscribers and owners thetgoI Us
transferred except solely after me S e.
| g. or owners shall have first offered lot
| ssTr--o the stockholders and subscribers men
owning stock in this said corp9ratl2n, 'ne
Sa;d stock which the said subscriber OF
owner desires to sell, when saiu o"e .n-,'S
| Shall be in written form, and Tor term
\ ~ thirty CSO DAYS, and the SAID writing
| Shall be addressed to this said corporation
md also TO the stockholders OF record upon
| the stock ledger and stock records oil 'nis
! II being further understood and agreed
| nv all parties, that the liked ofering PriG'eI
| At which the said stock shall be sold; shail
not exceed the book value OF tne sdio So -,
as shown by the books of the corporation a. a,
| the next preceding annual meeting, at whlGl
| price. any or all OF the then eXisung stoeN,
holders in this corporation, shall oe en'itleu
| 10 purchase the whole or proportlonate Pdl
| ~ the said stock so offered, within the sara
| term of thirty 800 days. This PROVISION Is
| agreed and covenanted as condiloh pre-.
! cedent to the right of devise or sale OF any
|
| re.sale or re-transfer thereof, and the pro,
visions of this article of the corporation snait
J be printed on the face of all certlheates OF
| stock hereafter to be issued, ana puotiS
| notice is presently made of this provision IN
! the advertisement OF this act OF ineorpora-
Article V-The domicile of this corpora
ton shall be in the city OF New O ~ etbe,
| legal process shall be served on the presi'
| dent OF this corporation. =,
| Article VI-This corporation shall exist tor
term of twenty-five (2S) years uhl IS
| liquidated prior thereto, as provided by the
Article VII-Ar corporate. power; OF this
| corporation shall be exercised by and through
| a board of directors, composed OF tour W
| stockholders; the officers of said board being
| A president, a vice-president, secretary anC
| a treasurer and more than one OF the saio
| offices may be held by one member OF the
The corporate powers of this corporation
| shall also be exercised by the officers In
| accordance with the bylaws of this corpo
ration; special and general powers beins
| specifically given to a general manager OS
| the bylaws of this corporation
The officers of this corporation for the en-
suing year are declared to be:
Bidde w. Allen, president, No. 10 IiayllSGl
| avenue, New Orleans, La; DR.. Carroll w
/ Allen. vice-president,- No. 43E Coliseum
| street, New Orleans, La; Henry NJ; Allen
| treasurer, No. 43O4 Coliseum street, New Or
L - law
No. i4li West End boulevard, New Orleans
The said officers shall act until their sue
| cessors are elected. and in the event Of
| failure to elect officers, they shall hold once
until their successors shall be elected at I
| meeting of the stockholders, which said
| general stockholders meeting shall be heie
| on the second Monday Of November OF eaer
| wear except when the said date shall ot
dies non, in which event the. said meetinf
| shall be held upon the next following iega
| day.
| Ali elections to be by ballot, majority o.
| votes cast to elect, and each share of STOCK
1 10 entitle the owner thereof to one vote
4 whether in person or by proxy.
Article VIII.-In case of continued alb
| sence, inability non-performance OF duty
| except where the said absence, inability oil
non-performance of duty shall arise from
temporary physical disease, the majority o.
the board of directors are empowered 20 ap
point successor to fill the unexpired tern
| neglecting to perform such duties.
| Article IX.-All checks shall be signed BY
| two (2) officers of this corporation.
Thus done and passed in my office, in tht
| city of New Orleans, on the day and month
| and year aforesaid, in the presence of Johr
c. Hollngsworth and Samuel Manfre, com
| petent witnesses, residing in this parish
who have signed their names with the salt
parties and me, notary, after full reading
| Of the whole.
Original Signed: Mrs b. w. Allen, Cborr
Virginia Woods, share, Lakeview. n. O..
Henry NJ. Allen, shares 1904 Coliseum
n. o.; Carroll w. Allen, Is shares, 500 Ma
checa Bldg, City; Camille ]. Friedrichs. 3
shares, 307 Whitney Central Bldg; Biddl,
w. Allen, 80 shares, 307 Whitney Contra
Bldg. Witnesses: ]. c. Hollingsworth, Sam
uel Manfre.
BUS. ROUEN, Not Pub.
/ I, the undersigned. recorder of mortgages
in and for the parish Of Orleans, State o
Louisiana, do hereby certify that the abov,
and foregoing act of incorporation of TIT
Carioca Co., Inc, was this day duly re
corded in my Office, in book l20l, folio $50.
Il New Orleans, November Is, 1916
(Signed): EMILE J. LEONARD,
II (SEAL) by. r.
| 1, Bussiere Rouen, a notary public for tn
parish of Orleans, Louisiana, do hereby Ger
tify the above and foregoing to be a tru
copy of the original act of Incorporation o