The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-01
CHARTER

OF THE BRAZIL SHIPPING CO., INC.
State OF louisiana, Parish OF Orleans, City
OF New Orleans.
Be II known, that on this 18th day OF the
month Of February, in the year one thousand
nine hundred and seventeen, before NE,
William Waller Young, a notary public, in
and io- the parish OF Orleans, State OF Lou
isIana, duly commissioned and qualified and
in the presence Of the witnesses hereinafter
named and undersigned, personally came and
appeared the several persons whose names
are hereunto subscribed. all above the full
age Of majority, who severally declared that
ayalling themselves Of the avs of the state
Of Louisiana, and especially the laws rela-
tive 20 the organization OF corporations, they
have covenanted and agreed 10 bind, form
and constitute themselves, well as all
such other persons as may hereafter join or
become associated with them, into a corpo-
ration and body polite in law, dor the OBJ
Jecis and purposes and under the articles,
agreements and stipulatiOns following, to-
wit:
Article 1.-The name, style and title of this
corporation shall be The Brazil Shipping
Co, Inc, and under that name, it shall have
and enjoy all the rights, advantages and
privileges granted by law TO corporations,
and shall exist for the full term and period
Of ninety-nine years, from this day. 1t shall
nave power 10 contract. sue and be sued;
10 make and use corporate seal, and the
same TO alter and break at pleasure; to
hold. receive, lease, purchase, sell and con-
Tey, as well as mortgage, hypothecate and
p4cdge property, real, personal and mixed,
eorPoreal and InooTporeal; to name and ap-
point such managers, directors, officers
agents and other employees as its interests
and convenience may require, and to make
and establish well as alter and amend
from time 10 time, such bylaws, rules and
regulations as may be necessary and expe-
dent TOR the proper management and gov
eminent Of the affairs OF said corporation.
Article II.-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 III.-The objects and purposes Of
this corporation and the nature of the BUSH
ness 10 be carried on by it are hereby de-
ciared 10 be TO own, hire, charter, re-charter
and operate ships for the carriage OF freight
and passengers; 10 act as agents and brokers
tor ships OF the owners charterers there
OF; with the right and power 10 do any and
al! things necessary or connected with or
IN any manner incidental or complementary
TO the objects and purposes herein set forth.
Article lN.-The capital stock OF this cor
poratlon IS hereby fixed az the sum of hfty
thousand dollars (S50,Oo.n) TO be divided
into and represented by ave hundred (5OO)
shares in the sum Of one hundred dollars
$4,000 each, said stock shall be paid for
in cash. The capital stock Of this corpora
ton may be increased to the sum of one
hundred thousand dollars (sl0o 10000.
Article YAH the corporate powers of
said corporation shall be exercised by a
board Of directors, consisting of not less