The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-23
CHARTER OF THE
McWILLIAM~ SOUTHERN DREDGING
COMPANY, INC.

CHARTER OF THE
McWILLIAM> SOUTHERN DREDGING
COMPANY, INC.
United States of America. State of Louis
lana, Parish of Orleans.
BE it known that on this sixteenth day
| of May. in the year one thousand nine
hundred aud eighteen. before. me, Henry
George Mccall. Notary Public in and for
| the Parish of Orleans and city OF New
Orleans, State of Louisiana, therein re-
| siding, and in the presence of the wit
neSseS hereinafter named and undersigH-
ed, personally came and appeared:
The several persons whose names are
hereuntO subscribed, all of the full age
of majority. who Severally declared that.
I aVailing themselves of the provisions OF
/ the laws of this State relative to the or
| ganiZatiOn of corporations and more par
| ticularly Act 267 of the General Assembly
of this State approved July .. 1914, they
have contracted, cOVenated ana agreed 10
bind, form and constitute themselves. as
well all such other persons as may
hereafter join or become associated with
them, into a corporation and body polite
in law, for the objects and purposes and
under the articles, agreements and stipu-
latiOns following, tO-wit:
Article 1.-The name am aYfe OF TINS
corporation shall be the "McWilliams
Southern Dredging Company, lnc.,' and,
under that name, il shall have and enjoy
all the rights, advantages and privileges
granted by law to corporations. 1t shall
exist for the period of ninety nine CD)
years from this date; and shall have pow
er aud authority to contract, sue and he
sued in its corporate name; to make and
use a corporate seal. and the same TO
break or alter ut pleasure; to hold. pur-
chase lease, sell, mortgage, hypOthecate
or pledge property, real, personal or mix
ed, necessary, incidental or proper for the
carrying on of its business; and to that
end to issue bonds. notes, mortgages ne
gotiable instruments and other Obliga-
tons: to buy and hold stock in any 9th
er company or companies that may assist
this company in its objects and purposes
to make and issue notes and certificates
of indebtedness; to name and appoint
managers, directors, clerks, agents and
other employees TO properly conduct Its
corporate business as the interest and
convenience of said corporation may require
or demand: to make and establish such
bylaws, rules and regulations as may be
found necessary or desirable for the man
agement Of the business OF the corpora
ton, and generally, to do all and every
act, matter or thing necessary and eXpe
dent for the complete and proper carry
ing out of the objects and purposes OF
said corporation.
Article 1.-THE domicile of this corpor
alton shall be in the City of New Orleans
State of Louisiana, where all citations oil
other legal process may be served on any
of the officers of this corporation, and. il
their absence, upon the legally authorized
i agent of the corporation.
Article III.-The objects and purpose
\ for which this corporation is organized
and the nature of the business to be car
! ried on by il are hereby declared to be-
j. To carry on ard conduct genera
| engineering and contracting business, in
Guiding designing, constructing, engineer
ing. repairing, removing or otherwise en-
gaging in any work upon buildings, roads
| highways, tramways, ferries, water courses
! bridges, piers. docks, wharves mine,
shafts, embellishments, hydraulic works
water works, railroads. railways. railwa
structures, manufacturing plants. sewers
90 L. nd hi IL. md rix or
of all kinds.
>. To construct, own. lease and operat
dredgeS and other machinery necessary I
drain and reclaim lands construct deepe
and improve channels, canals and bitches
to own, operate and carry on all work
pertaining to such drainage and reclama
4 ton.
3. To create and establish drainage dis
tricts and drainage systems on the land
which it shall acquire; drain such dis
tricts and fix a land charge or tax o
such lands of such districts for maintain
ing such drainage systems.
4. To mine, transport and sell coal an
/ the by-prOducts thereof.
,. To manufacture and furnish mater
/ ialS and supplies necessary for use i
| connection with the purposes hereinbefor
/ set forth.
g. To buy. own. reclaim, cultivate. dc
| vel0p, improve build upon. lease and Sc
| lands and real estate. To construct, Ow
| and operate boats for transportation, pre-
i PEELED by sail. steam, gasoline electricit
| or other power; to construct. own and OF
| crate telegraph and telephone lines;
| construct, own and operate saw mills.
:. TO purchase. hold, sell. assign, tran,
| fer, mortgage. pledge or otherwise dispOS
of shares of the capitat stock of any Otht
/ corporation or corporations, association {
Il associations of the State of Louisiana. {
! any other state, district, territory or cOuI
try. and while owner of such stock TO e'
. ercise all the rights, powers and privilege
n of ownership including the right to vO
thereon, to the extent permitted by law
3. To acquire and hold shares, stock
debentures. debenture stocks. bonds. obi
cations and securities issued granite
by any company, constituted in or ca
rying on its business in the United State
or in any colony or dependency or pc
session thereof or in any foreign countr
and acquire, hold, sell, transfer NOR
gage, pledge or otherwise dispose of d
bentures, debenture stocks, bonds, oblig
tons and securities issued or granted |
any government municipality, district
other public body.
o. To enter into. extend and recei
any contract or assignment of cOntrac
j for or in connection with any of the abo
purposes; and. in matters wherein tn
- corporation shall be interested or co
cerned, to guarantee full performance
contracts and sub-contracts made by 9th
parties, and to advance money to SUI
parties and to endorse and guarantee pa
ment of promissory notes and other o
legations made or executed by them.
10. To buy, sell, lease, reclaim Gull
vate, develop and improve lands and re
estate. buildings, improvements and m
chinery necessary or convenient in come
ton with the business of this corporate
Article IV.-The capital stock of tn
corporation is hereby fixed at the sum
one hundred and fifty thousand $3.50 00
by fifteen hundred G50O) shares of I
par value of one hundred (S1O0.0O) dolla
each, of which shares two have been su
scribed for and paid for in cash. and fou
hundred have he