The herald. [volume] (New Orleans, La.) 1905-1953, 1919-07-17
CHARTER OF PLANT LINE STEVEDOR'
ING CO., INC.

ING CO., INC.
State Of louisiana, Parish OF Orleans. CITY
of New Orleans Be it known, that on this
seventeenth day of June, in the year One
Thousand, Nine Hundred and Nineteen, be-
fore me, William Waller Young, Notary
Public in and for the parish OF orleans;
State of Louisiana, duly commissioned and
qualified and in the presence of the witnesses
hereinafter named and undersigned; person
ally came and appeared the several persons
whose names are herunto subscribed, an
above the full age of majority, who seyerally
declared that, awaiting themselves OF the
laws of the State of Louisiana, and especially
the laws relative TO the organization OF cor,
porations, they have covenanted and agreed
TO bind, form and constitute themselves, as
we'll as all such other persons as may mere
after Ioin or become associated with them
into a corporation and body polite IN law,
for the objects and purposes and under the
articles, agreements and supu!atlons follow
ing, to-wit: .
SRTICLE 1.-The names. style and title
Of this corporation shall be Plant Line Steve
doring Co., Inc, and, under that name, IL
shall have and enjoy all the nights, advan-
tages and privileges granted by law 10 cor
ooTations and shall exist for the tull term
and period of ninety years from TINS
day. 1t shall have power TO contract, sue
and be sued; to make and use a corporate
seal, and the same 20 alter ana Dreak al
pleasure; to hold, receive, lease, purchase,
sell and convey as well as mortgage hypothe.
cate and pledge property real, personal ana
mixed, corporeal and incorporeal; to name
and appoint such managers, directors, ofticers'
agents and other employees as Its interest
and convenience may require, and to make
and establish, as well as alter and amend,
from time TO time, such bylaws, rules and
regulations as may be necessary and eXpedi-
ent for the proper management and govern
inent of the affairs OF said corporation.
ARTICLE 1.-THE domicile OF this cor
poration is hereby fixed in the City OF New
Orleans 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 Treasurer.
ARTICLE III.-The objects and purposes
of this corporation and the nature OF the
business to be carried by it are hereby
stevedores in the City of New Orleans, and
elsewhere; to buy and sell all kinds OF ap-
planes necessary, useful or convenient to
the proper operation OF sad business, ana
generally to do any and all things compli-
mentary or incidental to the Stevedorlng
business.
ARTICLE IV.-The capital stock of this
corporation is hereby fixed at the sum OF
Five Thousand (S5OO0.OO Dollars, to be d.
vided into and represented by fifty $50
shares, in the sum of One Hundred (Sl00.00
Dollars each; said stock shall be paid for
when and in such installments, as directed
by the Board of Directors. The capital
stock of this corporation may be increased 10
| the sum OF One Hundred Thousand Dollars
| ARTICLE V.-All the corporate powers OF
| said corporation shall be exercised by Board
| of Directors consisting OF three stockholders
majority OF whom shall constitute quorum
| for the transaction of business. The Boart
| of Directors shall elect annually from theil
number a President, a Vice-President, and
ry-Treasurer. The first board o.
| directors shall consist of Three Stockhold
ers and shall be composed of George Plant
Albert r. Lafonta, and Harold Lejeune, anC
il shall elect from its number a President
| Nice-President, and Secretary Treasurer
who shall serve until the second Tuesday II
| January 1920.
The Post Office addresses of said Director!
are as follows: George Plant lll9 Whitney
| Central Building New Orleans. La; Alder
X. Lafonta. 2437 South Carrollton Ave, New
Orleans, La; Harold LeJeune, $50 Hurs
Street, New Orleans, La. These director:
shall serve until the second Tuesday il
| January, 1920, or until their successors have
been duly elected and qualified. The an
nual meeting of stockholders for the election
of directors shall be held on the second
said day be legal holiday, and then or
| the next bank day thereafter. Any vacancy
occurring among the directors by death
| resignation otherwise, shall be filled by
naming directors. Each subscriber hereto
| sets after his name his postoffice address and
| a statement of the number of shares of stock
which he agrees to take in the corporation
|
entitled to one vote for each share of stock
standing in his name on the books of the
corporation, to be cast in person or by his
written proxy. A majority of the votes cast
shall elect.
ARTICLE Win the event of the liquidz
ton or dissolution of this corporation, the
stockholders shall elect three liQuidators
from among their number at meeting con-
yened for that purpose, after fifteen Us
days written notice sent to each stakeholder
nv IN adj cafd
liqudators shall have the authority to wind
up the business and affairs of this corpora
ton. In case of the death of liquidator
the survivors shall appoint stakeholder as
successor to him.
ARTICLE VII.-This charter may be modi
| fled, changed altered, or said corporation
may be dissolved, with the assent Of stock
| holders owning two-thirds of the entire CAPT
tai stock. at general meeting of the stock
holders convened for that purpose, after fiji
teen Q0 days written notice shall have
| been given to each stakeholder, mailed t
him at his last known address.
| ARIlCLE Nlll.-No subscriber for stocl
| shall ever be held liable for the contracts
! faults or debts of said corporation in any
/ further sum than the unpaid balance if any
due the corporation on the stock for which
he has subscribed; nor shall any stockhold
! er ever be held liable for such contracts
| faults or debts in any further sum than the
| unpaid balance, if any, on the stock owned
| by him; shall any mere informality il
organization nave the effect of renderins
| this charter NULL or rendering any subscribe
or stockholder liable beyond the UNPAID
amount, If any. remaining due on his stock
| ARTICLE IX-This corporation is orga
nized under the laws of the State of Loui 5
lana, and especially Act No. o67 of 1914, AM
| the subscribers hereto, for themselves an,
said corporation, and for its officers, direc
| tors and stockholders hereby accept, as oar
| OF TINS charter and as conditions of thi
corporation. all the rights, powers, privilege
and inmuuities granted to corporations, an
granted to and conferred upon Officers, di
| rectors and stockholders of corporations b,
SAID laws and said act; such acceptance be
ing as full, complete and binding as if sal,
rights, powers. privileges and immunitie
! ment.
Thus done and passed in my Notarial OF
tice, in the City of New Orleans aforesaid
In the presence of Frazer L. Rice and Thoma
Joseph Dobbins, competent witnesses Of law
fui age, and residing in this City, VIII
hereunto subscribe their names, together vitI