The herald. [volume] (New Orleans, La.) 1905-1953, 1918-10-24
CHARTER OF T. SMITH & SON, INC.

United States of America. State of Louis
lana, Parish OF Orleans. Be it known. that
on this 10Th day of the month of September,
in the year of our Lord One Thousand Nine
Hundred and Eighteen Q9lS), and of the In
dependence Of the United States Of America.
the One Hundred and Forty Second, Q42ndD ;
before me, Watts X. Leverich, a Notary Pub
lie, duly commissioned and qualified, in and
for the Parish OF Orleans, therein residing,
and in the presence OF the witnesses herein
after named and undersigned, personally
came and appeared the several persons whose
names hereunto subscribed who declared
that, availing themselves Of the laws of this
State relative to the organization of corpo-
rations, theys have covenanted and agreed,
and do by these presents covenant, agree.
bind, form and constitute themselves, as well
such persons may hereafter join or
become associated with them, into a corpo-
ration and body polite in law, for the OBJ
jects and purposes and under the agreements
and stipulati0ns following, to-wi;:
ARTICLE 1.-The name and title of this
corporation shall be- T. Smith & Son, Inc.
and, under its corporate name, II shall enjoy
succession for the full term and period OF
ninety mine years from and after the date
hereof, and shall have power and authority
TO contract sue and be sued; to accept and
receive mortgages, pledges or other hypothe
cations; to make and use a corporate seal
and the same to break and alter at pleasure;
to purchase, receive. lease, hold, or other
wise acquire and convey, well mortgage
and hypothecate under its corporate name,
property both real and personal and mixed !;
TO borrow money and make and issue bonds
and other evidences of debt. and to secure
the same by mortgage and otherwise; to hold
stock in other corporations. to acquire, hold
and reissue shares of its capital stock; to
join or consolidate with and enter into
agreements and cooperative relations not in
contravention of law, with any person or
persons, firms, associations or corporations,
governmental, municipal or otherwise. in and
about the carrying on and accomplishment
of all or any of the purposes of the Com
pany, to carry out all Of the objects and pur-
poses hereinafter set out; to name and APP
point such managers and directors, officers
and agents, the interest and convenience
of said corporation may require; and to make
and establish, as well as alter and amend
at pleasure, such bylaws, rules and regula.
tions for the management and regulation OF
the affairs of the corporation as may be
| necessary, proper or convenient.
ARTICLE 1.-THE domicile of this cor
poration shall be in the Parish of Orleans
State of louisiana and all citations or other
legal process shall be served upon any of the
officers of the corporation.
ARTICLE III.-The objects and purposes
for which this corporation is established, and
the nature of the business to be carried on
by it, are hereby declared to be: to carry
on the business of stevedores; TO load, dis
charge and unload vessels of all sorts; &c
act as ship agents, lightermen, forwarding
generally to do all such acts and things as
may be necessary, proper or convenient fol
the accomplishment of any of these object:
and purposes.
ARTICLE Iv.-The capital stock of thi:
corporation is hereby fixed at the sum OF
| Thirty-four thousand Dollars, divided int
three hundred forty shares of the pr
value of One Hundred $4,000 Dol.
lars per share. The amount of the
stock may be increased to One Hundred
Thousand (slOOOOOOO Dollars. The Who'll,
| or any portion of said stock shall be paiC
for in cash, or it may be issued and de
| livered to any person, firm or corporation fol
the acquisition of the rights. privileges Oh
property owned or controlled by such person
| firm or corporation, for the fair value Thereof
as appraised by the Board Of Directors; and
| the Board of Directors hereinafter created II
specially authorized to issue and dispose o.
| the stock at not less than the par value, fol
any and all purposes as in its judgment may
seem fair and proper.
| ARTICLE YAH of the powers of Thu
corporation shall be vested in and exercised
| by a Board of three 90 directors. SalC
| Board of Directors shall be elected annually
| by ballot, at a stockholders meeting called
| for that purpose the second Monday il
| July of each year. Cor the next legal day j
that be a holiday after due notice given t
| the stockholders by mail, at least fifteel
DAYS before the date of said meeting. Eacl
| holder of stock shall be entitled TO one vot
| for each share OF stock standing in HI
| name on the books of the Company, SAT-
vote to be cast in person or by proxy, an
the majority of the votes cast shall edeci
The Board Of Directors shall have the powe
70 fill all vacancies which may occur or i
| any manner arise or be created on the Board
even though no quorum remain at the tim
| such vacancies are to be filled Failure {
elect directors on the day above specific