The herald. [volume] (New Orleans, La.) 1905-1953, 1917-08-23
CHARTERS.
-rpI TRANSFORMATION COM,

Be It ~, IN the year a H.. ~ "Iu
,5nth Of y-Is1ce OF the O"iied n'A'II '.le
be lno sp5 and :5r'y-hIa.' Dg'',s .'IC .iri
sas hum notary puIi-' u"'s and n,~;sb
4 BlOc1,. a in and iDr this cry anu pas. pa.
"A qualihea, 80 res ding, AID IN Inc pres
= orleans ul'S,,rs.,es hereinafter named ana
VT OF me "'.r.,g4lly came ana appeared
ssdersgneu' he names are acGCuh'1 SUI.
~ persons y flll age, "aH declared 'La'
s,fibed, S.I-,.elyes OF the PROVISIONS Oh 'le
,,slns ~ state relative I'd ''l pJ' H.,
llEs Of 'r1yenau;ed and aS'v''' ".'I " "a
ihH nn,,sents covenant anu - nSr.1,s as
Asse a. well as suoa "'ATt PSL sO.'S %
L,assiTes d "sr,rue associated with them,
~ hefeai'S' institute corporation ana
= form anu law fDr the objects and pur,,
kiy pod,'.Sl,ds- the sIpulaiIOhs' dTNS'es anu
sD,rs and u .S,rb they hereby adopt as theF
ssSdltOnaSs follows, ,o-"ii.
barter The name and title OF SAID cor
Ariels III be Southern ITahspoitatlL3n
p1tion ir,c.. and IT'S doIiI,,e - HS G,.,y
tOnpahS in the city OF Ne" C'Iea.,s' 80
,,,sblisnea >" and under its corporate name
4 LOUISIANA, a. shall have power and au'
"a eorpofSI.o."ar suc and be sued, TO make
,sOniy 10 e'"'-uorate seal and the same 10
md use E,s+ Al pleasure, 70 hold, receive;
bresk and 49, improve and ALLEVIATE ana
ease PnHm horror, pledge, mortgage and
sSaVey, S. under It's SAID corporate ha'he,
bypone ,.al. personal ~ I"NTG' ~
gOPef9 o,ber corporations ana sen w $50
s''k ~ and appoint snlA DI',Tss, as he
70 nahe managers and employees d s.Ie
and agents. t'1yenience Of said corporation
interesi u ~ make and establish bylaws,
nsy reeIi' ...g,,lations for the proper manage
rses ana Ies,,Istion OF It's affairs as may De
neni anu ...sssary and proper and me same
i.onea I'm. and alter al pleasure, ana 70 90
70 h1ns arts and things peTmiNeu "y 4dN
al o'nL or may be necessary anu P''t'S
Of as snAI 80, the objects and purposes OF
"a corporation. .I:.-,,,..a
Sad e9IPo. Win its charter, shall exist
u aecoilIn.N .1r the period OF ninety nine
ard CONF ;ror1 and after the date hereof.
w F-,;5.n,. or in his absence, the vice
The sI,U be the proper person upon
Fssloeln;a,' ,,ion and other legal process snail
X served. - ,,,-,,sss for
hn' ,b;s corporation IS organized ana me
th'Sn - the business 10 be carried on ny
y, hereby declared 10 De-
ia construct TT, equip, furnish,
a,,rbase, charter, use, operate ana nav
wh IS barges and vessels OIL an Cldsses
Hae SSscr,p,ions propelled by san, steam
sno s";,y or other power, and 10 use dnO
teN. y. same in lawful BUSINESS tdue
%els ..,c. or navigation upon the ocean; oil
olm' seas. estulrieS, sounds, gults, mar
upon - ~, LAKES rivers, canals, creeks OF
@lA ss,s-vays. and TO furnish facliliie'
oihe - lighterage and transportation
-,,n such waters
G,,,;sb and supply facilities for and
~ - In the business OF carriage, trans
p es storage and ladlng Of freight
Pi. .,res and merchandise, mails, prop
~ AZ passengers upon such waters or Wa
iewayS ,.:.-
as, boa,s. engines, cars and other equip
~. railroads, docks, slips, elevators
-, xorks, machine shops, electrcaI WORKS
a., aoueducts. canals, and any othe
u.u .s :; transportation, and to sell the SAINT
: o,b,rwise dispose thereof or TO MAINTAIN
"A operate the same.
u construct, lease, own or sell transpoT
". Tns or lines by land or water IN an,
a.. -. =, country. subject TO the laws OF sucl
80. ar country either directly or through
..n,,ship OF stock OF any corporation ant
mi, construct, provide, acquire, carry on!
r,;ntain. improve, manage, develop, conttoi
~, ar sell, lease, let, license to work ant
tspose OF the same.
Ia engage in, permit, conduct and carr.
a, Inc business OF ship chambers IN all II
s,,,rb,s. and 10 furnish and supply any an
ALL -
4, oayigation of ships, steamboats, and othe
1,,sels and provide supplies therefor.
l,,iel. III The capital stock OF this cor
,a-s,ion shall be and is hereby fixed al IN
,um Of twenty-five thousand dollars S@o'
mo divided into 500 shares OF the pa
y,lu, Of FIFTY dollars 5000 each; the cap
isl stock Of this corporation shall at
line be increased 10 a sum exceeding on
bundred thousand dollars (SlOo,mOC).
The full amount Of each share OF sIoc
,han be paid for in cash, or ITS equiValen
!. ,,on.rtv or labor at the time same J
is,ued and no stock shall be issued unit
fully paid for.
Tn. corporation shall be constituted an
s-r1nired as a going concern when httee
Aousand Csl5OWM dollars OF its capita
aOck shall have been subscribed and par
m as prescribed by law.
All stock shall be fully paid and nor
,ssessable, no share of stock shall be trans
i,rred except on the books OF the corpor'
ton or until the certificate evidencing III
share or shares OF stock has been delivered
the corporation and duly cancelled.
Article Iv.-The corporate powers of tn
sorpOration shall be vested in and exercise
by the board of directors OF not less tina
kr,s or more than FIVE, Of which a quoruI
shall be two, when three directors are cleo
Cd and three when more than three director
are elected on the board for the transacuo
q business and their decisions shall be vail
Sorporate acts.
At the annual election of stockholders hel
each year. the said stockholders shall dete
nine the number Of the board OF director
be elected for the ensuing year.
The officers OF this corporation shall be
PRESIDENT, vlce-president and secretary-trea
g-er; the office Of secretary-treasurer may {
ether separate or combined in one indlvi'
sal which the corporation shall from tin
tine determine; the following person
nall constitute the first board OF director
feriwether Lewis, 3O2 Hennen Bldg, Aarc
) Cox, New Orleans Cotton Exchang
Finest ]. Coulon, 800 Hennen Bldg, w.
MCNAMARA, New Orleans Cotton Exchang
All being residents of the city OF New
cans, State of Louisiana, and the said w
Mcnamara shall be president, Aaron ). q
NAL be vice-president, and Meriweth
ltSis shall be secretary treasurer.
No person shall be eligible as direct
an officer who is not a stakeholder OF IN
company.
The said board shall continue in Off
a which date. and thereafter annually,
board Of directors shall be elected on q
taifd Monday of June of each year, unle
ne same shall be legal holiday, when Z
election shall be held the next legal d;
hereafter.
Notice Of such election shall be given
kner to be written ten (l0) days previo
sad election and sent by mail prepaid
ne last known address Of each of the stoc
aolders, and the board of directors sh;
.ppont one or more stockholders 20 presi
y such election as cOmmi ssoners, in {
went Of the failure Of any commissioner
~nnlssioners 10 attend, the president sha
y appointment. ill the vacancy, failu
Yen any cause whatever TO elect directc
the day named for that purpose, sh;
aot dissolve the corporation, but the dir,
~ then in office as well as the officers
na corporation shall hold Office until thu
SUCCESSORS are chosen.
AZ every election and meeting, each stoI
L.Sloef shall be entitled TO vote for ga
mart Of stock registered in his name, a
nay vote by proxy.
lie election of directors shall be by bal
.aa NE majority in amount of votes ca