The herald., 1919-08-21
CHARTER OF THE MARINE FORWARD
ING AND SHIPPING COM
PANY, INC.

United States OF America. State OF LOUIS
lana. Parish OF Orleans. Be It known. that
on this 25rd day OF the month OF JHiy' IN 1r ,ne
wear of our Lord. One Thousand, Nine Hun
bred and Nineteen; Before me, Pierre j.
Olivier. Notary Public duly commits eIoncd
and qualified in and for the PARISH OF VI
leans State OF Louisiana. and IN the pres,
rrrr Of the witnesses hereinafter named ana
undersigned; personally came and appeared
the. several persons whose names are mere
unto subscribed, who declared to me, No
tarv. in the presence OF the undersigned VII
uc,>es that avaIllng themselves OF the pro
visions OF the laws OF the State 81 LOUISIANA
they have mutually agreed and contracted
and By these presents do agree and contract,
and bind and oblIgate themselves, their
heirs and assigns, and all persons who may
hereinafter become associated win iheh mere
in. to form a corporation under the name
and for the objects and purposes, and uhdt.
the terms, stipulatIons and provisions con
tanned in the following articles, to-wlt:
ARTICLE The name OF this corporation
shall be Marine Forwarding and shipping
Company, Inc.
corporation is formed hereby declared t.
be as follows:
(aJ To engage in general freight for
warding business, as foreign freight broker
and forwarding agent, with power lor any
and all Of the above purposes 10 borrow
money, and to issue from time to time, 70
any extent necessary and convenient IN the
opinion of the Board of Directors OF this cor
poration, negotiable notes, coupons, register
ed or other bonds or Obligations OF thiS cor
poration and to secure the payment or the
PRINCIPAL and interest on the same by mort
gage or pledge Of all or any part OF the prop
erty. rights, franchises and privileges OF me
corporation, then owned or which may DC
thereafter acquired by the corporation, ana
also with full power TO do all things proper
necessary, convenient or lncldentaI 10 inc
powers and purposes above expressed.
o. To acquire by purchase, subscription
or otherwise, and to hold, sell, assign: trans
fer, exchange, mortgage, pledge or otherwi sc
DISPOSE of any shares OF the capital stock,
bonds or other evidences OF Indebtedness OF
any other corporation or corporations. asso
citation or associations, domestic or foreign
engaged in any business IN which TINS cor
poration may be authorized to engage, or the
ownership OF whose securities would be ad'
vantageous or convenient to the protection
or promotion OF any of the purposes or IN
terests of this corporation, but only to the
extent authorized by the laws OF the State
Of Louisiana.
(c) To carry out all or any of the forego'
ing objects as factor. agent, broker. contrac
tor or otherwise, either alone or IN conJunc
ton with any person, firms, ASSOCIATION OF
corporation, and in any part OF the wofla
and in carrying on its business and tor the
purpose OF attaining or turtherlng any OF IL
objects to lease, charter or hire, vessels; e
make and enter into contracts OF attreIght
ment by land or water, and to make or per
form all kinds of contracts necessary, conven
lent or incidental to its business. and Il
do such acts and things, and to exercise any
or all powers as natural person might do
make perform or exercise, provided the sam'
be not inconsistent with the laws unde
which this corporation is organized
ARTICLE III.-The capital stock OF Thu
corporation is hereby fixed at the sum o
Five Thousand Dollars (S5,00OG. to b'
! represented by Fifty $50 shares of the pa
value of One Hundred Dollars $500 each
! All of the stock shall be common stock
! Stock shall be issued only for cash, propert;
| or good will, and shall be paid for at sucl
times and in such installments as the Boar
| Of Directors may direct.
! ARTICLE IV-The capital stock of thi
| corporation may be increased, in accordance
with law to the sum OF Fifty Thousand Dol
lars ($5OOOOOO).
ARTICLE V.-The location of the domi
cile of this corporation shall be the City o
New Orleans, State Of Louisiana.
! ARTICLE VI.-The period of duration o
this corporation shall be ninety-nine C9
years.
ARTICLE VII.-All the corporate power
of the corporation shall be vested in Boar
of Directors to consist of three 90 persons
to be elected annually on the first day o
| August of each year; the directors so electe
! to serve until their successors shall be elect
ed and qualified. Two (2) more member
of the Board of Directors shall constitute
quorum fo- the transaction of business.
The names and post-office addresses of tn
| Directors for the first year, who shall Sery
until their successors are elected and qualify
are as follows: Stuart w. Niche, 1903 Thir
! ST., New Orleans. La; Henry f. Bory, 80
| Third St, New Orleans, La; Sylvester /
Walmsley, Jr, 25O7 Prytania ST., New Or
| leans, La.
The following shall be the officers of tn
corporation. to hold and exercise their OF
ficers for the first year, to-wit: Stuart W
| Niche, President; Henry f. Bory, Vice
President; Sylvester p Walmsey, Jr, Sec
/ retary-Treasurer.
ARTICLE VIII.-The names and post-ot
flee addresses of the subscribers TO thes
Articles of Incorporation, and a statemen
of the number OF shares to which each ha
subscribed are as follows: Stuart "
Niche. post-office address, 1908 Third St
New Orleans. La, 20 shares; Henry f. Dor,
post-office address, 1908 Third St, New O.
leans, La. Is shares; Sylvester P. Walmsle!
Jr., 25N Prytania St, New Orleans, La,
shares. Total 50 shares.
Thus done and passed. at the City OF Ne
Orleans. State of Louisiana, on the day an
date herenabove written, and in the pre-
ence of Messrs. Philip s. Gidiere and ].
Walker. competent witnesses, who have sigr