The herald., 1917-01-18

The several persons whose names are here
unto subscribed, who severally declared that
availing themselves of the laws of the State
Of Louisiana, in such cases made and pro-
vided they do, by these presents, form them
selves into corporation under the follow
ing stpuations:
Article 1.-The name of this corporation
shall be the Southern Lighterage G. Wreck
ing Company, Inc, by which name said cor
poration shall have and enjoy corporate ex-
stence and succession for the term of ninety
nine (99) years from and after the date
hereof, unless sooner dissolved according to
law; and its domicile shall be in the city
Of New Orleans. II shall have power to
contract and be sued, to make and
corporate seal, and the same TO break
and alter at pleasure; to hold, receive, lease,
purchase, sell and convey, as well mort
gage and hypothecate, under its corporate
name, property, both real and personal; to
borrow money and lend money. to give and
receive securities therefor; to name aud
appoint Such managers, directors and ON
GERS as the interest and convenience Of SAID
corporation may require; to make and estab-
lIsh such bylaws, rules and regulations as
may be necessary and proper and the same
to alter and amend At pleasure.
Article Hal citations and other legal
process shall be served the president Of
said corporation, and IN case Of his absence
upon the vice-pres dcut, or the secretary
treasurer thereof.
Article IIL-The objects and purposes for
which th,, corporation Is formed are declared
| To- DE the building, purchasing, selling and
| operating of tugs: tow boats, bargc,, steam,
! gasoline and sailing vessels, pile drivers,
drcdIcS, derrlCk,, diving outfits, and wreck
! ing equipment. General HghtCring bus ness.
ness. handling and Tightening OF freight OF
all description from one snip or vessel TO
another. or from. ship, 20 wharf, or wharf
| CD ship. and is incidental thereto, 70 act as
| forwarding agents, and Stcvedpre work.
| Operation Of a wTccking and salvaglng BUS
! mess, wrcckIug, raising and SalvaglnC OF
wrecks and suUkCu vessels Of all dcsCrIp-
| tiouS and in connection Herewith the oper-
! alton Of divers equipment and DER ckS, the
cmpl ymcut and use Of divers, etc Con
| tracing in ITS various branches, dredging
pile driving and wharf work, fabrication and
! erection of steel, building, and concrete con-
| Strugtinn. and all other things as may be
| incidental or necessary 10 the primary par
| poses for which this corporation Is formed
| Article lN.-Ihc capital stock Of this cor
| poratiou is fixed at two hundred thousand
| dollars (Se00,GOCO, represented by two thou
sand shares Of $1,000 each. SAID capital
| stock may he increased or reduced.
! Subscriptions TO said capital stock may
| he paid for in cash in property and good
| will and when paid for or exchanged for
| property and good will. there shall be an
| ncNci 10 thu act and be read in connection
! herewith. or by other proper instruments
an accurate detailed and ;emizcd description
! Of such property, a 10 amount, location, cN-
| tent. character and state Of Improvements.
| together with 4 statement Of the value placed
| tp"n any good will included in the capital
| stock.
/ y corporate powers
! this corporation shall be vested in a board
| Of directors. to be composed Of three OF the
| Stockholders who shall be elected by the
! stockholders on the FIRST Monday Of Janu-
| airy. Of each year beginning on the hrst
| Monday Of January, l9lS. The present board
| # directors shall hold office until the first
| Monday IN January, 1918, and until their
| successors shall have been elected and quail
a viCe-prcSident and secretary treasurer. In
case OF any vacancy occurring on the board
! from death. resignation or otherwise, the
| remaining members shall fill the vacancy
until the next election. Two members OF
the board OF directors shall constitute a
Article vI.-The following persons, tO-wit:
NJ. p. Doullut, 40 Egania street, New Or
leans, La; Paul Doullut, SOL Douglass St,
New Orleans. La; W. Horace Williams 33ls
Coliseum St, New Orleans, La, shall be
Of directors. with said VI. p. Doullut, as
president, Paul Doullut, vIce-p-esldent, and
w. Horace Williams secretary-treasureT.
Article NII.-All meetings of the stock
holders shall be called after fifteen days pre-
vious notice in writing mailed 10 each stock.
holder at his post-office address.
Article Nlll:--Whenever this corporation
| is dissolved, either by limitation or other,
liquidators, 70 be selected by the Stockhold
eTs after a meeting convened for that pur
pose shall have been called.
Article IN.-ThiS act of Incorporation may
be changed, altered or amended, said cor
poration may be dissolved, or its capita
stock increased, as provided for by the laws
Of this state, after a general meeting of the
stockholders shall have been called, afte1
| fifteen days previous notice thereof given.
Article Mo stakeholder shall ever be
held liable or responsible for the contract:
| Of said corporation for any further sum thar
the unpaid balance due upon the shares OF
stock subscribed for, owned by him, MOI
shall any informaity in organization have
the effect OF rendering this charter null OF
! Of exposing a stakeholder to any liability
beyond the amount Of subscription to the
stock
The subscribers hereto have given opposite
their respective names, the amount of stock
in this corporation subscribed for by each
OF them, that this act Of incorporation
may also serve the original subscription
list OF said corporation
Thus done and passed, this 9Th day OF
January, 1917, in the presence of Z. Howard
Mccall and Gerald Meter, competent wit.
nesses of lawful age and both of this city
who hereunto sign their names, with the
said appearers and me, notary, on the day
and date aforesaid
Original signed Names of subscribers omit
ted.
Witnesses: f. Howard McCaleb, Gerald
Meter.
ARTHUR B. LEOPOLD, Notary Public
I, the undersigned recorder of mortgages
in and for the parish of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
Southern Lighterage & Wrecking Company
Inc, this day duly recorded in my office
in book 1901 folio 74l.
New Orleans, January 5, 1917.
(Signed EMILE y. LEONARD, Dyp.
ARTHUR B. LEOPOLD, Notary Public
jan II IS 25 feb IS