The herald. [volume] (New Orleans, La.) 1905-1953, 1917-02-08
CHARTER

CHARTER
us SOUTHERN LIGHTERAGE AND
. ',I II1 COMPANY, INCORPORATED.
January S, 1917.
Cate, Of America, State OF LouIsl-
rrid S s.s, ii Orleans, City of New Or
has,
-, tina, on this sth day Of the
10 s1 T.,nary, in the year OF our Lore,
an y go nine hundred and seventeen
. noussa ~ ,he Independence OF the Enited
e1l ny America, the one hundred ana
szs before me, Arthur b. Leopold,
Sq,a' Mic duly commissioned ana guar
~ = and for the city OF New Orleans,
"a a Orleans, therein RESIDING, anu III
= y .,,s,nee Of the witnesses, hereIhat.eI
~ md Undersigned, personally came anu
rsirt: -. here.
M..S.s,;bed. who severally declared that
y -. tth,nseives of the laws OF the stare
a aT-s,;,na. in such cases made and pro-
~ tA,y do, by these presents, form t ii
~, mo a corporation under the ioi'o"
n FTulsuons;
80. THE name of this corporation
~ = Il. Southern Lighterage x wreck
:. nsToapy. Inc, by which name said cor
..,,ss shsll have and enjoy corporate eN-
-. ,ud succession for the term OF ninety
= 81 years from and after the as!e
~ - r.rless sooner dissolved according 10
n 70 - h domicile shall be in the city
- orleans. 1t shall have power to
-. e., and be sued, to make and use
1870 seal, and the same to break
- H. !, pleasure; to hold, receive, lease,
-, eli and convey, as well as mort
=. "A hypothecate, under its corporate
-, sincerity, both real and personal; 10
=. noney and lend money, to give and
-, securities therefor; TO name and
(, 80 ssch managers, directors and OH.
80 n, interest and convenience OF said
srrntnn NAV require; to make and estaO-
* u,h bylaws, rules and regulations as
- ; necessary and proper and the same
ikr and amend at pleasure.
AIDE II-All citations and other legai
r,rs, shall be served on the president oil
: "a sorporation, and in case of his absence
Oh he yiee-president, or the secretary
nsurr hereof
AsitIs fII.-The objects and purposes 10,
vknA tbs corporation is formed are declared
ak he building, purchasing, selling anc
xnting Of tugs; tow boats, barges, steam
rnEm and sailing vessels, pile drivers
tssys derrieks, diving outfits, and wreck
d suipment General Tightening business
NJ, handing and Tightening of freight o.
d description from one ship or vessel K
lrhei 0, from ships to wharf, or whar
b hip and as incidental thereto, to act a.
awarding agents, and stevedore work
Qrston q wrecking and salvaging bus
nas vreeking, raising and salvaglng o
rscs and sunken vessels of all descrip
ru, and in connection Herewith the oper
ma Of divers equipment and derricks, thu
u7hynent and use of divers, etc. Con
rfiing Ia its various branches, dredging
tk irving and wharf work, fabrication ant
rtrsen Of steel, building, and concrete con
nrti'r, and all other things as may b.
1dsn,zl or necessary to the primary pur
Nu Tor which this corporation is formed
Article N.-The capital stock of this COZ
r1hen % fixed at two hundred thousan'
a,u 0p,m0o), represented by two thou
W. HEes Of $1,000 each. Said capita
ksx may Be increased or reduced.
Soxrptions to said capital stock ma
M Tor in cash or in property and goo
~ and when paid for or exchanged 70
E9eu and good will, there shall be ar
kka e this act and be read in connectio
rsrih or by other proper instrument
snfsie detsiled and itemized description
a property, as to amount, location, eS
usrscter and state of improvement!
ad With . statement Of the value place
any sood will included in the capt.;
aHuele Wall the corporate powers {
@lpcration shall be vested in a boar
sgssiorS TO be composed of three of III
s'.,s n,ses who shall be elected by ii
= on the hrst Monday of Jan,
r,,a.a each year beginning on the FRI
Z q January 1918. The present boar
rsslors shall hold Office until the FIR
n-.y IN January, 1918. and until the
M The directors shall elect a presiden
.,presldent and secretary-treasurer !
any vacancy occurring on the boar
eath, resignation or otherwise, Il
-si .ls members shall ell the vacanC
d, he next election. Two members
usr,s 'a OF directors shall constitute
wee W-The following ,ersons. to.wi
. poullut, 400 Egania street. New q
n, a. Paul Doullut, SOL Douglass s.
&C.,. eens, la; w. Horace Williams, 80
IA - New Orleans, La, shall |
sIeoy constituted as the first boa,
r<Sdss. With said NJ. P. Doullut,
II " Ho,-.. T n,l, Doullut, vice-president, ar
n ArSeis v,v, h.ams, secretary-treasurer.
kdrr a al ,-All meetings of the stoc'
t,u n,*,sa oe called after fifteen DAYS DIT
"a, ~ writing mailed TO each stoc'
a." ms post-ofiee address.
Ssss, yiL-Whenever this corporatic
we HI eitner by limitation or othe
&6h,s,.s Asrs shall be liquidated by thr,
= ,it,r De selected by the stockhol
~ ai lave been called. A' ~
\ <Aas,,s ,ihis act of Incorporation m;
m<or altered or amended. or said co
nj ipr--. oe dissolved, or its CAN'T
& ss,s As provided for BY the Law
saAnl1e-s . sf 2 general meeting of n
e1 a., asii have been called, aft
&rhd< xsvieus notice thereof given.
h,Sie siockholder shall ever
n8 eor,, responsible for the contrac
&ues;3 hauon for any further sum m;
a. oksr,;S.ss due upon the shares
us 49, iof. or owned by him. n
saerf al nsiity in organization ha,
oNtns enaer'ng this charter null
- q roeknolder to any liabili
unt OF subscription to 4
sSss;sssn hereto have given opposi
ors'e nanes, the amount Of sto
= Han subscribed for by ca
~ 49, ms act of incorporati,
= ~ c a the original subscripti,
E 81 ;sd passed. this s,h s,v
- ~ c y ne presence Of 2. Hova
hvki ~ Meter, competent w
An1n age and both Of this Fl,
II DQso sn their names. with !,
use,s;aSc me, notary, on the d
Sanea Of subscribers ON