The herald., 1917-04-26
CHARTER
OF GULF BARGE AND TOWING co.


State Of Louisiana. Parish of Orleans, City
Be it known, that on this third C5rd) day
Of April, nineteen hundred and seventeen,
before me, Charles Schneldau. notary pub
lie fo- the Parish OF Orleans and City of
New Orleans, State of Louisiana. duly com
mSsioned and qualified, and in the presence
II the witnesses hereinafter named and I'M
derSgnned, personally came and appeared the
several persons whose names are hereunto
subscribed, who severally declared that,
avaling themselves of the provisions of the
general laws of the state of Louisiana pro-
viding for the organization OF corporations,
and especially Act 267 of the Acts of 1914,
they have COvenanted and agreed, and do by
these presents, covenant, agree and bind
themselves, as well all such persons as
may hereafter become associated with them.
to form and constitute corporation and
body polite in law, and to that end they
state the following matters and things, and
execute and adopt these articles OF incorpo-
ration, as follows, to-wit:
Article 1.-The name Of said corporation
shall be Gulf Barge and Towing Co, Inc -
Article 1.-THE purposes for which said
corporation is formed are: to engage in a
general transportation and towing business;
to construct, build, equip, tlt out, furnish,
purchase, sell, use, own, charter from other
persons or to other persons, maintain, operate
and navigate, tugboats, barges, and other
boats, ships and vessels OF any kind or de-
scription, whether propelled by sails, steam,
electricity, or other power, and to use and
operate same, charter them to other per-
sons, IN connection with any business, trade,
enterprise commerce, or navigation, upon
the Gulf Of Mexico any OF the rivers,
lakes or waterways tributary thereto, upon
the ocean, upon any seas, estuaries,
sounds, CULTS, harbors, bays, lakes, rivers.
canals, creeks, or other waterways, and TO
furnish facilities for towing, Tightening or
transportation upon any such waters; to con-
struct, buy, maintain and operate, any works,
structures, or other facilities that may be
necessary or proper to carry the business
Of said corporation, and to do any act or
thing that may be necessary or proper to
promote and further the interests and to &C.
complIsh the purposes and objects and TO
carry on the business of said corporation.
Article III.-The amount of the capital
| stock of said corporation shall be forty thou.
sand dollars C$400O.OO), all of which shall
be common stock and none of which shall be
preferred stock.
Article IV.-The amount TO which the cap
ital stock Of said corporation may be in
creased shall be two hundred and fifty thou
sand dollars (S25O,OOO.OO).
| Article V.-The number of shares of which
! the said capital stock of forty thousand dol
| lars (S+O,0O00O) of said corporation shall con
| sist shall be four hundred (400) shares of tn,
| par value of hundred dollars $1,000
per share, the shares of said corporation L
| remain at one hundred dollars $4,000 il
| the event OF the increase of the capita
stock of said corporation beyond forty thou
sand dollars (S+o,0O.O0).
Article VI-The location of the domicl
Of said corporation shall be in the City o
New Orleans, in the Parish of Orleans, i
| the State of Louisiana.
Article VII.-The period of duration of sal
corporation shall be fifty (5O) years.
Article VIII.-The number of director
of said corporation shall be three. TIL
officers of said corporation shall be thos
provided for by law, and such other OF
GERS as may be provided for by the BY
laws. The names and post Office ac
dresses of the directors of said corpora
ton who selected to serve for the fr:
year or until their successors are electe
and qualified shall be as follows, to-wit:
Robert P. Hyams, New Orleans, La, w.
Rollins, Jr., New Orleans, La, James
cunts, New Orleans, La, with Robert
Hyams as president, James E. cunts as vic,
president, and w. d. Rollins, Jr., as SCI
rotary and treasurer
Article IX.-The names and post Office az
| dresses of the subscribers to these articles
Incorporation and a statement of the numbt
Of shares of stock which each subscriber
to take in said corporation are as follow
to-wit: Robert P. Hyams, New Orleans, La