The herald. [volume] (New Orleans, La.) 1905-1953, 1919-07-24

June 26-July 81.
,HARTER OF PLANT LINE STEVEDoR-
ING CO., INC.
State of Louisiana, Parish OF Orleans, City
IF New Orleans. Be it known, that on H ms
.venteenth day of June, in the year one
thousand, Nine Hundred and Nineteen pc
fore me, William Waller Young, Notary
Public in and for the PARISH OF Oliedhs;
State of Louisiana, duly comm ssloned anu
qualified and in the presence OF the WITNESSES
hereinafter named and undersigned; person
.aIIv came and appeared the several persons
whose names are herunto subscribed, an
above the full age OF majority, VINO seVeraiLy
declared that, awaiting themselves Vi liz
laws of the State of louisiana, and especially
the laws relative to the organization OF COT
poratious, they have covenanted and agreed
TO bind, form and constitute themselves aS
we'll as all such other persons as may neLe
after Ioin or become associated with tneHi'
INTO a corporation and body poliuc IN law
for the objects and purposes and under inc
articles, agreements and supulatlonS ioiio"-
ing, to-wlt: .,o ,d .;tIa
of fms corporation shall be Plant Line Steve
doring Co. Inc, and, under that name II
shall have and enjoy all the rights, adVan-
tages and privileges granted by law TO cor
oo-ations and shall exist for the tull term
I'd neriod OF ninety-nine years from this
day. 1t shall have power TO contract sue
and be sued; to make and use a corporate
seal, and the same % alter ana OTeaK d'
measure; to hold, receive, lease, purchase
Ell and convey as well as mortgage hypothe
cate and pledge property real, personal anu
mixed, corporal and incorporeal; to name
and appoint such managers, directors oHnCel ,,
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 ana
regulations may be necessary ana eNpeul-
ent for the proper management ana govern
81 ID
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-I Treasurer.
ARTICLE III.-The objects and purposes
of this corporation and the nature OF the
business to be carried on by 1t are hereby
stevedores in the City OF New Orleans. and
| elsewhere to buy and sell all kinds OF APP
planes necessary, useful or convenient 70
| the proper operation OF SAID business, ana
generally TO do any and all things compll-
mentary or incidental to the stevedorine
| ARTICLE IV.-The capital stock of thi:
corporation is hereby fixed at the sum o.
Five Thousand (S5,000O0) Dollars, to be d.
vided into and represented by fifty toO
shares, in the sum of One Hundred $4,000
Dollars each; said stock shall be paid to
when, and in such installments, as directed
by the Board of Directors. The capita
stock of this corporation may be increased t.
the sum of One Hundred Thousand Dollars
! ARTICLE V.-All the corporate powers o
| said corporation shall be exercised by Boar
| of Directors consisting of three stockholders
| a majority of whom shall constitute quorum
for the transaction of business. The Boar
of Directors shall elect annually from thel
number President, Nice-Presldent, AM
a Secretary Treasurer. The first board 0
directors shall consist of Three Stockhold
hill he sod nfl
Albert R. Lafonta, and Harold Lejeune, an
it shall elect from its number President
Vice President, and Secretary Treasurer
who shall serve until the second Tuesday =
January 1920.
The Post Office addresses of said Director
are as follows: George Plant, lll9 Whitne
: Central Building, New Orleans, La; Alber
, R. Lafonta, 2437 South Carrollton Ave, Me-
Street, New Orleans, La. These director
!. shall serve until the second Tuesday
January, 1920, or until their successors hav
been duly elected and qualified. The ar
nual meeting of stockholders for the electio
J of directors shall be held on the secon
Tuesday in January, of each year, unles
said day be legal holiday, and then o
the next bank day thereafter. Any vacanc
occurring among the directors by dealt
resignation or otherwise, shall be filled b
election for the unexpired term by the re
naming directors. Each subscriber heret
sets after his name his postoffice address an
a statement of the number of shares OF stoc
| which he agrees to take in the corporation
At all elections, every stakeholder shall
entitled to one vote for each share of stoc
standing in his name on the books of tn
corporation, to be cast in person or by hi
. written proxy. A majority of the votes ca:
shall elect.
ARTICLE Win the event of the liquids
ton or dissolution of tins corporation, th
stockholders shall elect three liquidation
, from among their number at meeting col
vened for that purpose, after fifteen q:
, days written notice sent to each stockholdt
by mail to his last known address; sal
liquidators shall have the authority to win
up the business and affairs of this corpor;
ton. In case of the death of liquidato
: the survivors shall appoint a stakeholder
successor to him.
ARTICLE VII.-This charter may be mod
fled, changed or altered, or said corporate
may be dissolved, with the assent of stool
= holders owning two-thirds of the entire cap
tai stock, at a general meeting of the stocl
| holders convened for that purpose, after Fl
| teen Q0 days written notice shall hay
| been given to each stakeholder, mailed
| him at his last known address.
| ARTICLE WILING subscriber for stoc
| shall ever be held liable for the contract
| faults debts of said corporation in ar
| further sum than the unpaid balance, if an
| due the corporation on the stock for whit
l he has subscribed; shall any stockhol
er ever be held liable for such contract
| faults or debts in any further sum than Il
| unpaid balance, if any, on the stock ownt
by him; nor shall any mere informality
| organization have the effect of renderir
this charter null, or rendering any subscrib
or stakeholder liable beyond the unpa
amount, if any, remaining due on his stock.
! ARTICLE IX.-This corporation is org
nized under the laws of the State of Loui
. lana, and especially Act No. 267 of 1914, al
the subscribers hereto. for themselves al
said corporation, and for its officers, dire
tors and stockholders hereby accept, as pa
of this charter and as conditions of til
corporation. all the rights, powers, privileg
and immuuities granted to corporations, al
granted to and conferred upon officers, {
| rectors and stockholders of corporations
said laws and said act; such acceptance b
ing as full. complete and binding as if sa
| rights, powers, privileges and immuniti
were set forth at full length in this instr
| ment.
Thus done and passed in my Notarial c
fice, IN the City of New Orleans aforesai
IN the presence of Frazer L. Rice and Thorn
Joseph Dobbins, competent witnesses of la
ful age, and residing in this City, w
hereunto subscribe their names, together wi
said parties and me, Notary, on the d