The herald., 1918-07-25
CHARTER OF
The DELTA >HIPBUIIDING CONPANI
INCORPORA TEn.

INCORPORATED
United states % A---i-z STATE q louis
ia-s- Parish o o-,=--s. cry 0: Me-
r !. known. -1ar OF his tie e.cz.h
EEy % IT, month % June II -Ls year %
on Lord ore -lC-sz-- nine hundred z-s
eighteen and Of -l- i-C-Fs-1--r= % 80
United states q E-=-tcz- tie one k-C1--l
and Forty s--o-5. t=fe-s ne. Jcs--L Ss-z.
g notary public duly c1--is~i5-=1 and
qualified n AID for TIE Parish q o.
.ta-s therein residing, personally cane
T1@ I=-s5cs whose names are he-e-z.o
S-t>e-i5-i, who declared tkzr arai-- =
t-s-ss.v-~ q tie provisions % TIE ,4ws
.: r9-Co-z-Lo-s- elt more particularly q
AcE - % TIE General Assembly % this
STATE approved July S-E- 1914 they have
c0EsLzu.-t and a--es1. and DO b. rt-Se
aid constitute Themselves = vel Is s-C1
persons who uzy hereafter Join. o. BE-
cone zssrciz-si with the-- into & co-To--
alton and body p0l.ric IN Law. FOR TIE
rents s1t s-ir1lztl0ls following. to-wi- .
Article The name auS STYLE ~ this
co-pc-zt-o1 shall oe Jte Delta S1iph-i-i-
IL Company. Incorporated" aid under
KAT n1-s il shah have E1t enjoy al tie
rl---S- advantages and privileges granted
~ 1E % corporations = SHAH exist -o-
t-e period q liasty--nine years from t1is
date Z SHAH have the power % contract
Sue and = sued il its corporate name 70
make and Is : corporate sal snd the
sane 20 tre1k o. alter AZ is pleasure !.
-z<e- kyQo-kaczts o. pledge property.
tc-1 real and PERSONAL 70 issue bonds
notes ECt other obligations o. n--o-is . ia
izstr1De1ts: 20 have and employ such
E11zE gers directors. sEics-S agents znE
other employees - the interest and cor
Ts1is1cs % said corporation nav require
o. demand: 70 make and establish such
bylaws rUl@S and regulations fo- TIE co.
L r - 3 E-frN
fairs o. The corporation Ss may Be deem
- CeceSS1-E. convenient ard sTpeGi=l--
Article 1.-THE doIiciIs % this eo-por-
2tlol s1El D. II the City Of NeE Orleans
state % Louisiana and al citations and
Other legal process shall b. served on the
President or il his absence, upon the
Article III-The objects and pz-pos-s
for which this corporation Is Organized
and the nature Of the business 20 he car
I'D OF By IL s-e hereby declared 20 be
To build. make. operate. maintain. puT.
sell deal il and with. own. lease. pied &c
and otherwise dispose OF ships vessels
and boats. made Of coucre-e and Of erery
nature and Kind Ehstsosve-- tore-hs- vf,i
all materials. articles. tools machinery
and appliances entering into or suitable
2nd convenient for the construction or
equipment thereof. and together with en-
gines, boilers machinery and spUur1en-
furniture
10 eV->1rlcI Gnc MAINTAIN Tor the uSs
q TIE eonPany, Or for Hitting OFT on
hire craving and other docks. and other
eolFenls1ceS fo- the building. repairing
OF docking OF ships and other vessels.
ene 20 sid In OF contribute 20 the coz
>l---1lea O any such WORKS
To buy Or Otherwise acquire ships snd
vessels complete OF not couple-e Sou-d
o. CIT q repair, for the purpose OF in
70 hire or otherwise make 8 proat oaI
% the sane
To buy Isas@ or otherwise acquire rssl
estate Necessary for docks art tork e.
riliries. and 20 furnish u1a,erisi ue,s.sss-r
n the f-rtherz1ce Of the purposes o. TIE
eo-lpanT- % acquire rights % way. for
TIE construction Of 4 line OF railway: 20
survey Construct b1ild. erect oxu lsaSn
UortSsSs- operate sRd maintain. seII OF
otnsrEis- dispose OF a lire or railway for
u purpose o. earring into eject TIE
above named objects and purposes
10 oEl- manage aud operate stores in
I'd q the objeets and purposes above
To Subscribe 70 any association. ins-i-
I.illcl- o. company calculated TO beZs6t
TIE company. o. Persons employed BIZ TIE
.k,--p1Ey- o. Persons having dealings with
tie company.
., Aat geasTzlly 70 DO and perform any
proper for the Carrying into eject Of The
above named ohjec1s and purposes
Article lV.-Ihs capital stock % this
corporation Is fIe5 so the sun % nine
.y-uine thousand nine huuars,i dollars
80 800 divided into ni1ery-niue hEl-
cre'- and ninety shzre Of the usr vsl1e
o. ten 5000 dollars each All shares
able
said stock shall be paid for II cash. or
TIE sane nay Be issued 81 not les thar
par; Tor labor done or for services rea6-
ere1 10 TIE said corporation or for prop
erJy o. rights actually received BY said
corporation
This eorPorasioa shan have TIE risht
. increase its capital stock % 20 the
tErrher sun % Eve million dollars (S5 nu0.-
tN3tci. Or SnE part thereof 20 - divided
INTO shares % ten dollars 5000 each.
proTl1ec said i1cre2s= in the capital S-ock
sAsH have beea authorized by the ssn>k-
het1srs az nesting held p,ssZant 20 the
provisions Of the law.
his corporation shall ksve and enSoy
the rights 20 purchase shares Of stock IN
interests as may be foand lsnssszry ex-
ms eo-POrsJioa shan ~ sna become
Z going concern when 1f-y g50i percent OF
is srOek shall have beel subscribed fo-
Article N--An the corporate powers %
this corporation shan b@ vested in. an.
e1e-cl sd By . Board q Directors con-
posed % no- less than I've and not -or~
than nine stockholders uaJorftT q
whom shall constitute = Quorum for TIE
trxls1c1s0n Of all hESireSs-
TIE Board o. Directors herein Rzf1s6
shah have thz power and authority 70
augment its n1-ber BIZ any addition II
20 the maximum Number % nine zen
The Directors shan Be slectASi Annually
By ballot. By tie sfockheIsa-s- on tie
second Monday OF JUne in each year. TIE
nrst election under this charter shsu h
Reid On TIE seoo1d Monday in June Il1a
E2eh S-ockhoider shall b entitled in
Person o. by proxy. TO one vote for every
snare OF stock owned By hin and AL
elections shall Be held under such rui-s I
and regulations - u&y Be xu.AriSed ~
the Board OF Directors after ffreea gH5l /
days notice Of such election shall have d
ees1 sent 90 each s<9ckhoIter az his last
known address
No failure 20 sIect Directors shan he
REGARDED as . forfeiture OF this charter 4
Any vacancy occurring on sEch Beard .
Q, Directors shall be Ell-d by the remain
inS nr@tors for the Ua<xpir~d tern
said Board Of Directors shall 81 ttS
arsf nesting after It's election nominate
bet o. its oEz number, q President 8 I
q Secretary xnnd q Treas
zrer NAV Be carnhfned xnA kslh hr 90