The herald., 1917-02-22
CHARTER

/ Feb - march Is - ~
CHARTER
~ THE BRAZIL SHIPPING co, nc.
/ State Of Louisiana, Parish OF Orleans, City
81 New Orleans.
/ BE it known. that on this lglh day Of the
/ month oi February, in the year one thousand
/ nine hundred and seventeen, before me,
William Waller Young, notary public, IN
and for the parish Of Orleans, State OF Lou
ISiana. daily commissioned and qualihcd and
! in the presence Of the witnesses hereinafter
named and undersigned, personally came and
/ appeared the several persons whose names
are hcrruntu subscribed all above the full
age OF majority, Who >cverally declared that
| lvaI,lug themselves NJ the laws OF the state
| Of Louisiana. and especially the laws rela-
| tive 10 the organization Of corporations, they
layC CpyCudHtCd and agreed TO UIud, form
| and constitute themselves. as well all
such other persons may hereafter join Or
/ become associated with them, into d cDrpo-
/ ration and body polite IN law, Tor the OBJ
| JectS and purposes and under the articles.
| agreements and supulatlOus following, to-
| wit:
Article 1.-The name, style and title Of this
! corporation snail be The Brazil Shipping
| Co.. Inc, and under that name, II shall have
! and enjoy all the rights, advantages and
| privileges granted by law to corporations,
! and shall exist for the full term and period
| D
| have power 10 contract, and be sued
70 make and use corporate seal, and the
| same to alter and break at pleasure; to
hold, receive, lease, purchase, sell and CON
! vey, as well mortgage, hypotheCatc and
pledge property, real, personal and mixed,
| cOrporcdI and lnCOTporeal; 10 name and ap-
point such managers, directors, officers,
| agents and other employees as its interests
and convenience may require, and to make
| and establish As well as alter and amend,
from time 10 time, such bylaws rules and
| regulations as may be necessary and eXpe-
dent for the proper management and gov
| eminent OF the affairs OF said corporation.
Article 1.-THE dOmiCIle OF this corpora
| ton is hereby fixed in the city of New Or
leans, State OF Louisiana, and all citations
or other legal process shall be served upon
the president OF said corporation, or, in his
| absence. upon its secretary.
Article Ill.-The objects and purposes OF
this corporation and the nature of the bust
ness 10 be carried on by II are hereby de-
clared 70 be to own, hire, charter, re-charter
and operate ships for the carriage of freight
and passengers; to act agents and brokers
tor ships or the owners charterers there.
OF; with the right and power to do any and
al things necessary or connected with OF
IN any manner incidental or complementary
to the objects and purposes herein set forth.
Article lN;-Ihe capital stock Of this cor.
poratlon Is hereby hNed at the sum of fifty
thousand dollars (S5O,OO0OO) to be divided
'rIo and represented by hve hundred C5OO)
shares IN the sum of hundred dollars
Nolu''JO' CdCil sdlu STOCK snail be paid tor
IN cash. The capital stock of this corpora
ton may be increased to the sum of one
hundred thousand dollars $500. 10000.
Article N-AH the corporate powers OF
| SAID corporation shall be exercised by a
board OF directors, consisting of not less
! than three and not than five stockhold.
ers, a majority OF whom shall constitute a
quorum for the transaction of business The
board OF directors shall elect annually from
| their number president, vice president and
secretary treasurer. The first board OF di-
reciors shall consist Of five stockholders and
shall be composed Of Bernard Never, George
| h. NeStfeldt. Charles $. Dittmann, IT,, "
b. BuIkenroad ard Sol. Levy. with Der.
nard Meyer as president; George b. West
ieIdt as vice-president, and Charles 5. Dit
mann, Jr., as secretary treasurer.
The post office addresses OF all OF said
directors are New Orleans, Louisiana.
| these directors and officers shall serve until
the first Wednesday Of March, 1918, or until
their successors have been duly elected and
! holders for the election of directors shall be
held the first Wednesday of March OF
each year, unless said day be legal holj-
day. and then on the next bank day there
after Each subscriber hereto sets after his
! name his post office address and a state
ment Of the number of shares of stock which
ne agrees to take IN the corporation.
Article Win the event Of the liquidation
or dissolution OF this corporation, the stock
holders shall elect two lquidators from
among their number at a meeting convened
lOI llldl purpose, a1ter ten DAYS written
tice sent to each stakeholder by mail to his
last known address; said liquidators shall
have the authority TO wind up the business
and affairs of this corporation.
| In case of death of either of said liuui-
dators, the survivor shall appoint a stock
holder as successor to n i'm.
ned, changed or altered or said corporation
may be dissolved, with the assent Of stock,
| holders owning two-thirds of the entire cap
ltaI stock, at a general meeting of the
stockholders convened for such purpose. after
ten days written notice shall have been
given to each stakeholder mailed TO him al
his last known address.
Article NlII.-No subscriber for stock
shall ever be held liable for the contracts,
faults, or debts of said corporation in any
| further sum than the unpaid balance if any.
due the corporation on the stock for which
ne mas SUBSCRIBED; nor shall any stakeholder
ever be held liable for such contracts. faults
or debts IN any further sum than the unpaid
balance. II any, on the stock owned by him
! nor shall any mere informaity in organiza,
ton have the effect OF rendering this char
stakeholder liable beyond the unpaid
amount, If any. remaining due on his, stock,
Article lN.-fhs corporation is organized
under the laws Of the State. OF Louisiana,
| subscribers hereto, for themselves and said
! corporation. and for its officers, directors and
| stockholders, hereby accept, as part of this
| charter and as conditions of this corporation,
|
mites granted to corporations, and granted
to and conferred upon officers directors and
| stockholders of corporations by said laws
! and SAID act; such acceptance being as full,
complete and binding as if said rights, pow.
ers, privileges and immunites were Sc,
| forth at full length in this instrument
| thus done and passed in my notarial of.
nee at the City of New Orleans, aforesaid
IN the presence of George II. Terriberry and
Morris b. Redmann, competent witnesses OF
| lawful age and residing in this city, who
hereunto subscribe their names, together with
SAID parties and me, notary, on the day and
date set forth in ne caption hereof
OrIginal signed Names of subscribers
omitted.
Redmann -
/ w. w. YOUNG, Not. Pub.
l. 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 IN,
Brazil Shipping Co, Inc, was this dav dul,
recorded IN my office in book 1906, folio -
New Orleans, La, February 49, 1917.
tSlgne0 EMILE ]. LEONARD, ID. R.
A true copy from the original act.
(SeaD w. w. YOUNG, Not Pub
Feb q march l IS p %