The herald. [volume] (New Orleans, La.) 1905-1953, 1918-08-29

month OF August in the year Of %.
one thousand nine hundred and e.sH'{S -, a..
.; America. the one hundred and forty Sec
'" Bc.,re ne. Arthur 4 Moreno. No'-ry
Pu5lic. n and ;,r the fariHA ..
stoned and qualified. and IN ,hJ pc. -
he Witnesses hereinafter named and under
signed. "
S7r-.c1 and ! 4 Sal-e-. Who declared 'Aa..
at q general 1ee;lng Of the sioSSho-ls,s %.
the Gull Coas. Transportation Company
corporation, organized ly an s.' Ia''eL
lore The uniers guei Notary fIpIc on -"S
18Th day Of August. lFlS' "aie2 sa I-,. 60.
va, held AZ the office Of The Gl!i C'4',
Fermentation after due notices they we're
r,e..eA respectively Chairman and Se-Te,it \
Of me said stockholders meeting. - VIII
more fully appear by egTut.ed l,py o. ~. ~=
minutes Of said stocS17lders meeting an
rcxeI hereto. for greater reference
Ard the said apeparers further dee.aty !
.ha. as Chairman aod Secretary Te.pecH'Sl'
u The >lid stockholders meeting iAeE. We
authorized and empowered % appear oeie'-
me. Notary. t1r the purpose II amend S
The ~zld charter Of :he Gull Coast Trans
p1rta;i5- Company.
And the said appea-erS a. hartman ana
Secretary II the said Stockholders meeting
and acting in said capacity and on beaa.'
u said corporation By virtue 1t the authority
conferred upon them al The general meeting
of said stockholders, declared That me cAaT.e'
Of ne said Gull Coast Transportation 'grl-
pa7v passed before me. the undersigned W
;ary. on August l5;A. 1913, has been c1-as- I'
altered and amended 80 read IN IL entirety,
ARTICLE 1.-The name u said corporation
shall. he Gull CJa.. Transportation Company.
and under ~ seal said corporation shall
have the power and authority 10 have and
enjoy succession Tor the tti.l term and
period 0i nire:y-1,-e years from and AFTER
l--l he ~-gA IN
make and use a corporate seal and the same
L. break and alter al pleasure; 20 hold. -e-
ceive. lease, purchase and convey. as well
a. mortgage and hypJ,lecate property, real
personal and mixed; corp0rea. and ms 2
p7-eal; . name and appoint such managers,
agents. directors and officers Us business :,
interests and conveniences may require AID
20 make and establish as well a. alter and
amend, from time TO time. such bylaws
rules and regulations fo- the proper govern
neat of the affairs OF said corporation a. may
he necessary and proper.
ARTICLE 1.-THE domicile OF said co-po-
ration shall be in the city u New Orleans,
State Of Louisiana. and all citations or
other legal process shall be. served upon
.le President Of said corporation, or in the
event u his absence upon a Vice PresIde1;
thereof. and IN the absence q said officers
upon he Secretary Of said corporation.
ARTICLE III The objects and purposes
for which this corporation i established and
the nature # the business 10 be carried on
BY IT are hereby declared and specified 70
be the transportation 81 persons and prop
erty for hi-e; and 20 that end, 20 own. char
te- or lease all boats propelled by sail or
steam, or other power; tugs, barges and yes
sells Of whatever drscri p;I1n; 70 construct,
Own and operate railroads ard appurtenances
thereto. docks. Wharve,. warehouses. barges.
ships. boats and vessels u all description.
either for is Own OF :0r third persons
and generally 20 hold and exercise all such
incidental powers and privileges as relate
H.. 49,
set forth. All Of the above corporate func-
tions may be performed both in the State OF
Louisiana and IN any Of the other states OF
the Union. or elsewhere.
ARTICLE lN.-The capital stock Of this
corporation is hereby fixed al the sum of
One Hundred Thousand Dollars 100000,
70 be divided into and represented by one
thousand shares Of stock OF the par value OF
one hundred dollars. each, Said stock shall
be paid for in cash. and at such time, in
such amounts. and after such notice 20 the
subscribers as may be fixed by the Board
Of Directors; or the same may be issued al
not less than par for labor done or money
or property actually received purchased by
said corporation The capital stock may be
increased from time 10 time TO one million
dollars in the manner provided by Law.
ARTICLE N.-All the corporate powers Of
said corporation shall be vested in and ex-
ercised by the Board Of Directors, 10 be
composed Of eight stockholders 10 be elected
annually on the second Monday OF October
IN each year, except the first Board OF Di-
rectors appointed in this charter who shall
in October. 1914. All such elections shall
be by ballot and conducted az the office Of
said corporation under the supervision OF
three commissioners 70 be appointed by the
tons shall be given by publications not
more than fourteen nor less than fifteen
days prior 20 such election IN one news
paper published in the city Of New Orleans
mr. h. ra.-srs =
holder by the Secretary. Every stockholder
shall be eutiIled OF one vote for each share
q stock standing in his name on the books
% the Company. TO be cast in person OF BY
proxy. and = majority OF the votes cast shall
c.ect. Any vacancy occurring among the
directors by death, resignation or otherwise
shall be fflled by election for the remainder
.! me term OF the board by the remaining
directors. failure 70 elect directors on
the ia:e above specified shall not dissolve
The corporation. but the directors then in
Office shall remain in office until their sue
cesso-s are elected and qualified. and shall
cause another election 70 be held as soon as
possible thereafter. after notice thereof shall
have been given in one newspaper published
IN the city Of New Orleans as above pro-
vided.
Five ~ directors shall constitute a quo
rum Tor the transaction Of any business
The Board OF Directors hereafter elected
shall select from their own number a Presi-
dent, a Nlce-Presdent. and as many other
esldeuts. as Il may conclude TO elect
a Secretary. an Assistant Secretary and a
Treasurer. and the said board shall have the
power either to combine or separate the
Offices OF Secretary and Treasurer Il may
appoint from time to time such other Off
GERS, clerks, agents or other employees as it
nav deem necessary for the purposes and
business Of the said corporation, who shall
nOid office az the pleasure Of the Board The
President or Acting President OF the Com
pany. snail subject 10 the control of the
Board 81 Directors of the Company, have
power 10 institute and defend all suits in
which the corporation Is interested and 10
give al! bonds necessary and proper in the
prosecution or defense OF such litigation. The
said Board Of Directors NAV make and es
taohSh. as well as alter and amend anv and
all bylaws, rules and regulations necessary
anu proper tor the support and management
ot the business and affairs OF the CORPORATION
The said board shall have full power and
authority to borrow money. issue notes or
other allegations in the ordinary course Of
business. and TO secure the same by pledge
or mortgage. and generally to do all things
reasonable or necessary for the proper carry
and also 10 issue and deliver full paid shares
OF stock for cash. or in payment OF Labor
done or property actually received or pur-
chased by the said corporation. Each direc-
ior snail have authority 20 appoint in writ
ing proxy to represent him al all meetings
of the board.
ARTICLE NI.-Whenever this cornoration
may be dissolved either by limitation or
from any other cause, its affairs shall be L.
quidated by three commissioners TO be ap-
pointed from amongst the stockholders az
general meeting of stockholders convened for
such purpose, OF which meeting notice shall
be gwen in the manner and time D-ovided