The herald., 1917-01-11
december Z, 1916.
CHARTER

december Z, 1910.
CHARTER
M pEGARD SHIPPING coMPANf'
INC.
:, State. Of Americ,,, state OF LoS Ws'r
si :, 'i P,rsh Of Orlesns, City Of Ne"
0dssns
.,oru that, on this seventh day OF
go 4 December. IN the year OF Cu'
~ ,bousand nine hundred ana SIX
= II a the Independence OF me hL.si
I, America the one hHAuteI 81
-. L,iare ne, W. Morgan Guriey' no
= ~. duly commissioned ana qlat'-
,sj for the parish OF orleans os@'SI
9t-,,si,na. personally came and apPea1S5u
!. '.,y,r,l persons, whose names a'S So. So
- se,,to. who declared that aEdi!lng
-. a the laws OF the STATE Of Lou
=, = such cases made ana pIo'lqeu'
y s,+;cslarly Of Act No. 20 Of ISi-' [hey
- a and do hereby torn the."eT'ESe
=. .1-.or.tiou under the name, and Tor
! Sisrs and purposes ana uhue' ~
- conditions hereinafter set IoTtA.
hi-Tbs name and style Of this cor
- .b,n be Hildegard Shipping Com
= and under this name, II shall!
he power and authority conferred
-,sr,,,ans by the laws OF the State
Is.g,sa and OF the United States on
-, h snail have existence for a pc
:. sine,y.nine years from this date,
=, soser legally dissolved Il shall
-, .x,, 10 contract, sue and be sued,
! = ,porzte name: 70 make and use a
.,-,,s cal and the same to break or
~. !. s,,ssre: TO hold, receive, lease,
y1l,,z vrrhase, sell, convey, and ex-
A,ur vuscry, real, personal, or mixed; 20
,Trsa atige, or hypothecate the same;
! ~ y lehd money. securities, and val
AZ ANS generally, IN any matters con-
- sith he purposes or business OF the
vysnon; 70 issue bonds, notes, and other
Sutuns, and negotiable instruments, and
ssn-ria papeI generally; to appoint such
i-s ag,F,S. managers and employees gen
an, as the business and interests of the
ssrstion nay require; TO change, modify,
snend this charter, and TO establish, al
and snend all rules, regulations and
s-ss FOR The conduct and management OF
\ busints Of the corporation In any way
7riSrzabe to law.
latt 1.-The domicile of this corpora
hn sail be in the city of New Orleans,
sis d Louisiana, and all citations or other
a process shall be served upoh the pres
AT Of this corporation, or, in the event Of
y ssstnee or inability 10 act, then upon
Z HesPFesident; and, in the absence OF
v these officers, service shall then be
~ N the manner provided by law.
sate ll-The objects and purposes for
nc MS corporation is organized, and the
mn q TIE business to be carried on by
~ hereby declared to be:
N buying, selling, exchanging, leasing,
artunF and engaging, and disposing gen
~ Of vessels Of all descriptions, der
Hl dT.dges, barges and generally all spe-
: noshng movable property, used in,
;aout the water; the right 10 main
! ,hd peraie the said property for any
snin It IS susceptible in any and
p.ees states or countries; the right 10
Ia1 ier The use of any space, portion,
- . vessel, or for any partial use
: Foperty falling within the charac-
:, Is corporate property, as previously
-, Nai ne night TO contract in the cor
:. aAme for the corporations own ben
= VIZ me corporation as principal, or
e senent OF others, and as the agent,
- -. - larse Of others; the right 70 &C
=. ~ skisnng or future, lines of bus
:, ~seinef with the property and good
=, WI o. character similar to the
= .usiness contemplated by this char
=, sni 70 act within the contemplated
A. sNiness IN conjunction with others,
-. pat-owners or as partly inter
\ us subject matter, as well as for
-. sshons individual and sole ac-
-, nc generally 70 do any and all
~ Keeping with the corporate pur-
a. rYeriy identihable, or hereafter
- 1nnaed with the character of the
\ property, whether such purposes
ia ''' are herein specifically set out,
sg.. N-The capital stock Of this cor
S,.,s = nereoy liked at the sum of FIVE
ht,s . salas tss,O0o0D, divided into FIVE
a Ifnsma es o. the par value of ten dol
sr,... 49,, sock Of this corporation NAV
4 nssea1 the sum Of ten thousand dol
4 d ~ shall sell or dispose of anv
4 IN -. ms corporation without frst
idiis..e me same for sale 10 the otber
niies, oy letter addressed "a the
( 7sutn. - sae board of directors Of the
~ ~, a1sning therein the lowest oro-
~ -. s.ia stock and the proposed
4 a. Ater thirty days from the
srIsa,,xr written offer, and the failure
"a, "a a or any Of them, TO pur
Awn s~ek upon the proposed terms
fae1 A. s@sl terms no worse than those
stiih<-, .sne, OF the stock shall then
d, ~, sell such stock for not less
Sfsp,s.S .p.oposed price and upon the
y hss,,hl. or at least terms not
esie,a = 70 the purchaser than those
y qpy d NC. stockholders. This rule
Nd SPECIFIC sale, or proposed
q l. ss,' s,'Oskholder pledge anv of hi,
80 aa.nnediately notify the re-
- thro.,h OF the corporation in
ea o. ~. letter addressed TO the
~ asesaia ooard Of directors, as in
~ de "a. proposed sale Of
u nan. "a Oh such pledge, together
az srcor'n.ea address Of the oledgee
~ tAe y, such notification with
N ers, q, p instrument, Of pledge.
n 2 meet ~ the default of me
ssad 49, - soiigation for which he
"a a,atisn shsii me stockholders of
sarws ~, oe entitled to take m
I sesI pee;.gs cation, and thew shall
- rnaal Il. snorogated to the rights
". II psrtisrpsse or any subseQ1en,
CO., stoekholde-. :. :,
y :''a.r The rish, '1 Of G SgISSst
e; !: S Sl Si bsssia. :. up rs
M krs. asselve upon IT, sc. Lorth,
s.l hoS;.. Tie Proportion sA!a stock
= te q stock, ana 81 tneir IN
- n'tcsl,r .&Ining stockhol5AeI rGtaoiy
IN : nd . on, not int: slss /. 70 &;
4 1e-s "a one stockhola the night
S.s 'l 4. .Aall max. M So, ;.
s Z ave not Ss.D Of ia, ,ss foFssoiHHss