The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-28
CHARTER OF THE MARINE FORWARD
ING AND SHIPPING COM
PANY, INC.


PANY, INC.
United States Of America, State Of LOUIS
lana Parish Of Orleans. BE II known ttdt
on this 22rd day OF the month OF July IN me
wear OF our Lord, One Thousand, Nine nun
JraI and Nineteen: Before me, Pierre j.
.Dr;y;e~ Notary Public duly commissioned
and qualified in and for the PARISH OF w
leans State of Louisiana, and IN the pres
euce OF the witnesses hereinafter named anu
undersl gned; personally came and appear CO.
unto subscribed. who declared to me; No
tarv. in the presence OF the undersigned Wit
1rSses that. availng themselves OF the pro
visions OF the laws OF the State 81 Louisiana
they have mutually agreed ana Coii@N'eu'
adj bv these presents do agree and contract
and bind and obigate themselves, their
heirs and assigns, and all persons who NAY
hereinafter become associated with them mere
in IN form a corporation under the name
and for the objects and purposes, and under
the terms, stpulations and provisions con
tanned in the following articles. to-wlt:
ARTICLE 1.-The name OF this corporation
shall be Marine Forwarding and Shipping
Company, Inc. ,, 49,.
corporation is formed hereby declared u
be as follows:
warding business, foreign trelght oIo"t
and forwarding agent, with power ior any
and all of the above purposes 10 OoTTo"
money. and TO issue from time 10 time, TO
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 tAls COZ
Doration. and to secure the payment OF the
principal and interest on the same by mort
gage or pledge OF all or any part OF the prop
c-ty rights franchises and privileges OF the
corporation, then owned or which may De
thereafter acquired by the corporation anu
also with full power to do all things proper.
necessary, convenient or incidental to the
powers and purposes above expressed
90 To acquire by purchase, subscription
or otherwise and to hold, sell, assign. trans
fer, exchange, mortgage, pledge or otnerwISe
disnose 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 NAV be authorized to engage, or the
ownership OF whose securities would be ad-
vantageous or convenient to the protecuoh
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.
(c0 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 or
| corporation, and in any part OF the world
! and in carrying on its business and tor the
! purpose of attaining or furthering any OF ITS
| objects to lease, charter or hire, vessels; TO
| make and enter into contracts OF affreight-
ment by land or water, and to make or per
| form all kinds of contracts necessary, conVen'
| lent or incidental to its business, and to
| do such acts and things, and to exercise any
| or all powers a natural person might 90
make, perform or exercise, provided the same
be not inconsistent with the laws under
| which this corporation organized.
ARTICLE III-The capital stock OF this
corporation is hereby fixed at the sum OF
Five Thousand Dollars (S5C0m: to be
represented by Fifty 500 shares OF the pai
| value of One Hundred Dollars (Sl0O) each
Stock shall be issued only for cash, property
or good will, and shall be paid for at suct
times and in such installments as the BOarc
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 (S5O,0OO0Ol
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 (99
years.
ARTICLE VII-All the corporate power
Of the corporation shall be vested in Boar
of Directors TO consist of three C0 persons
to be elected annually on the first day o
August of each year; the directors elected
to serve until their successors shall be elect
ed and qualified. Two (2) member
quorum fo= the transaction of business.
The names and post-office addresses of tn
|, Directors for the first year, who shall serv
until their successors 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 T
Walmsley, Jr., 257 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. Walmsley, Jr, Sec
rotary Treasurer.
ARTICLE VIII.-The names and post-oi
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, 1905 Third St
New Orleans La, 20 shares; Henry f. Bory
postoffice address, 1908 Third St, New Or
leans, La. IS shares; Sylvester P. Walmsley
IT,, 2507 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 hereinabove written, and in the pre-!
! ence of Messrs. Philip s. Gidiere and J. {
Walker, competent witnesses, who have sigr