The herald., 1917-08-09
CHARTERS.
.z,5FRy TRANSFORMATION COM
sol iiiA' PANN, INC.

,oeth OF yuIIs,,r of tie United States the
be lndsPs5 and forty-trst, before me, Henry
sse hnnui natary public, duly c0'ninJ ssioned
6 BloeIn,s,d in and for tins city ana Parish
,s1nssans, therein Ie'l1I- s.,,,;..- ,,Ted ard
sax o. ~ nersonally came and appeared
cndefsigheu' ,ihose names are hereunto sub
a, persons ~ full age, who declared that
sIbea. ssLssnselves OF the provisions OF the
rIlng .sis state relative 20 corPorations'
bFs o. .ovenanted and agreed, and DO by
hsy hSN Sts covenant and agree and bind
hese preseh n,el a. such other persons as
henses,..er become associated WIN IheH,
nay heI'a.1 constitute 4 corporation and
fOfm, 4 !, law Tor the objects and pur-
bedy p'ii' ,,,der the st.p-iailouS, articles and
pses sno ,.5irb they hereby adopt as their
snain0, !. follows, to-wIi:
hH The name and title Of said cor
hn<e shaI be Southern Transportation
esnoa, Inc, and i:s iomclie IS hereby
lsnpani Z, The city OF New Orleans, State
c.sblisnea ~ md under lis corporate name,
q LsaislNl.s,;on shall have power and au-
I'D eoip.s,,ract. sue and be sued, 10 make
hgiu corDorate seal and the same 10
snt ne .i,er al pleasure. 20 hold, receive,
ktis .a.,,cbase, improve and alternate and
kise, ali. borrow, pledge, mortgage and
sons '.5s under its sald corporate name,
tFpotne, .,I personal Or mixed, 10 own
rSpefY ~ corporations and sell the same,
sOrk ~ I'D ID ,appoint such officers, directors
10 1sme managers and employees as the
I'D 2eh' convenience OF said corporation
riefes 10 make and establish bylaws,
rg "a regulations for the proper manage
Ns "A regulation Of It's AFFAIRS as may be
L-n.d necessary ana PyPel anu " s"'L,e
eI.,ss and alter at pleasure, and TO do
49, 49, arts and things permitted by law
~ OF ar may be necessary and proper
"a out the objects and purposes of
"a corporation
=, .o-ooration. unless sooner dissolved
sac Jsnce with its charter, shall exist
..rt;nue for the period OF ninety-nine
n las from and after the date hereof.
-. resident. or in his absence, the vice
a., shall be the proper person upon
- citation and other legal process snail
served.
-. 1.-THE objects and purposes for
~ his corporation is organized and the
-. al the business TO be carried on by
=, hereby declared to be:
=. h,;d construct, ht, equip, furnish,
ar.rhase. charter, use, operate and nav
W Eo,,s barges and vessels OF all classes
VI Ssscr;p,ions propelled by sail, steam,
s-..;rity or other power, and TO use and
-, me same in lawful business, trade,
s1ssn,rce or navigation upon the ocean, or
- .ny seas, estuaries, sounds, CULTS, har-
karz
~, xsteryays, and 10 furnish facilities
y owing. lighterage and transportation
-,u such waters.
:. furnish and supply facilities for and
..sv. in the business of carriage, trans
...foe storage and lading of freight,
- wares and merchandise, mails, prop
~ Of passengers upon such waters or wa
rszys
7. construct buildings, bridges, machinery,
a;,s boats engines, cars and other equip
- railroads. docks, slips, elevators,
-. -. xorks. machine shops, electrical works,
r,1ur,,. aqueducts. canals, and any other
.-,ss 81 transportation, and TO sell the same
!, ahrrvise dispose thereof or TO maintain
ia eprate the same.
IA construct, lease, own or sell transpOr-
$50, line or lines by land or water in any
M, AZ country, subject to the laws of such
s,,, or country either directly or through
us-trship Of stock of any corporation and
,rrut construct, provide, acquire, carry out,
r,,,sin improve, manage. develop, control.
*, OF sell. lease, let, license to work and
tsose OF the same.
"a engage in, permit, conduct and carry
a ne business of ship chambers in all its
kznches and TO furnish and supply any and
N articles necessary, useful or desirable in
4, navigation of ships, steamboats, and other
vessels and provide supplies therefor.
Artisl, HI.-The capital stock of this cor
pntion shall be and is hereby fixed at the
,r Of twenty-five thousand dollars (s25,-
| mo- divided into 500 shares of the par
siw Of 6fty dollars $4,000 each; the cap
hi stock Of this corporation shall at no
IN. be increased 10 a sum exceeding one
tuadred thousand dollars (Sl0o.0OO.O0.
The full amount of each share of stock
szI be paid for in cash, or its equivalent
property, or labor at the time same IS
- i III l..
billy paid for.
he esTo'stlon snail be constituted and
sunized as a going concern when fifteen
tsusand Gsls0O.00 dollars of its capital
xek shall have been subscribed and paid
hf % prescribed by law.
Al stock shall be fully paid and non
ns,ssable. no share of stock shall be trans
sred except on the books of the corpora
nn or until the certificate evidencing the
snr or shares of stock has been delivered TO
| Dc orpOration and duly cancelled.
Article IV.-The corporate powers of this
npNation shall be vested in and exercised
| y the board of directors of not less than
nrt or more than FIVE, OF which a quorum
a. Be two, when three directors are elect
snd three when more than three directors
| " elected on the board for the transaction
| usiness and their decisions shall be valid
u7faie acts.
A The annual election Of stockholders held
NO year, the said stockholders shall deter
ncs the number Of the board of directors
~ elected for the ensuing year.
ne officers Of this corporation shall be
fsntnt, vice-president and secretary-treas-
~ ne ofhee Of secretary-treasurer may be
oM separate or combined in one individ-
y shicii the corporation shall from time
Nne determine; the following persons
~ constitute the first board of directors:
snsether Lewis, S02 Henuen Bldg, Aaron
ux New Orleans Cotton Exchange,
S J. Corlon, 800 Hennen Bids, w. J.
.sNsnsra New Orleans Cotton Exchange
!. sns residents of the city of New Or
20 State Of Louisiana, and the said w. J.
"a. Sn'n,ra shall be president, Aaron S. Cox
q .viee-president, and Meriwether
s shall be seeretary-treasurer.
~ person shall be eligible as director
y ofheer who is not stakeholder of this
H said board shall continue in Office
en ne third Ord Monday in June, 1918,
inca date, and thereafter annually, a
~ q directors shall be elected on the
{ an. shsll Be a legal holiday when the
hsrsfer '"e 'eN' 'esA' uA'
vice q such election shall be given BY
De written ten (l0) days previous
80 election and sent by mail prepaid to
Known address of each of the stock
and the board of directors shall
49, one o. more stockholders 20 preside
election as commissioners. in the
me failure of any commissioner or
S ..oners to attend. the president shall,
e 'nfnent ill the vacancy, a failure
cause whatever to elect directors
= gay named for that purpose, shall
81 aose the corporation. but the direc-
- 80 N ONCE as we'll as the officers of
Sr.,. ofaiion shall hold Office until their
'soIs are chosen.
~ Wy election and meeting. each stock
ash De entitled to vote for each
Z, ~. sock registered in his name, and
'esi'ca Of directors shall be by ballot
~ majority in amount of votes cast.
- ~. o. stock voted upon to be counted