The herald. [volume] (New Orleans, La.) 1905-1953, 1919-08-07
CHARTER OF THE MARINE FORWARD
ING AND SHIPPING COM
PANY, INC.

limited States of America, State OF LOUIS
lana, Parish OF Orleans. be II known, 'ndt
on this 2Srd day OF the month OF July, IN the
wear Of our Lord, One Thousand, Nine Hun
bred and Nineteen; Before me, Pierre u;
Olivier, a Notary Public duly COMM sioned
and qualified in and for the Parish OF or'
leans State of Louisiana, and in the pres,
e-,re NJ the witnesses hereinafter named and
undersigned; personally came and appeared
the several persons whose names are mere
unto subscribed, who declared to me, No
tary, in the presence of the undersigned VIII
nesses that, awaiting themselves Oh tne pro
visions of the laws of the State OF 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 VINO may
hereinafter become associated with them here
in. to form a corporation under the name
and for the objects and purposes, and under
the terms stipulations and provisions con-
tanned in the following articles, to-wit:
ARTICLE 1.-The name OF this corporation
shall be Marine Forwarding and Shipping
Company, Inc.
ARTICLE 1.-THE purposes for which the
corporation is formed hereby declared to
be as follows:
(a) To engage in a general freight for
warding business, foreign freight broker
and forwarding agent, with power lot any
and all Of the above purposes to borrow
money, and to issue from time to time, TO
any extent necessary and convenient IN the
opinion of the Board of Directors OF TINS cor
poration, negotiable notes, coupons, register
ed or other bonds or obligations OF this cor
poration, and to secure the payment OF the
principal and interest on the same by mort
gage or pledge of all any part OF the prop
erty, rights, franchises and privileges OIL inc
corporation, then owned or which may DC
thereafter acquired by the corporation and
also with full power to do all things proper
necessary, convenient incidental to the
powers and purposes above expressed.
(b) To acquire by purchase, subscription
or otherwise, and to hold, sell assign; Trans
fer, exchange, mortgage, pledge or otherwise
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 this cor
noration NAV be authorized to engage, or the
ownership of whose securities would be al
vantageous or convenient to the protecuoh
or promotion of any of the purposes or IN
terests of this corporation, but only 10 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 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 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 to
do such acts and things, and to exercise any
or all powers as a natural person might do
make, perform exercise, provided the same
be not inconsistent with the laws under
which this corporation is organized.
ARTICLE III-The capital stock OF this
corporation is hereby fixed at the sum OF
Five Thousand Dollars (s50OoOO. to be
represented by Fifty (50l shares OF the par
value of One Hundred Dollars $500 each.
All of the stock shall be common stock.
Stock shall be issued only for cash, property
or good will, and shall be paid for at such
times and in such installments the Board
of Directors may direct.
corporation may be increased, in accordance
with law, to the of Fifty Thousand Dol
lars ($50,0OOOO.
ARTICLE V.-The location of the dom-
cile of this corporation shall be the City of
New Orleans, State of louisiana
ARTICLE VI.-The period of duration of
this corporation shall be ninety (99
years.
ARTICLE VII.-All the corporate powers
of the corporation shall be vested in Board
of Directors to consist of three go persons.
to be elected annually on the first day of
August of each year; the directors so elected
to serve until their successors shall be elect
ed and qualified. Two (2) or more members
quorum for the transaction of business.
The and post-office addresses of the
Directors for the first year, who shall serve
until their successors elected and qualify.
are follows: Stuart w. Niche, 1908 Third
ST., New Orleans, La; Henry E. Bory, 1905
Third ST., New Orleans, La; Sylvester P.
Walmsley, Jr., 2sN Prytanis ST., New Or
leans, La.
The following shall be the officers of the
corporation, to hold and exercise their OF
ficers for the first year, to-wit: Stuart w.
Niche, President; Henry E. Bory, Vice
President; Sylvester P. Walmsley, Jr., Sec
rotary Treasurer.
ARTICLE VIII.-The names and post-of-
flee addresses of the subscribers to these
Articles of Incorporation, and statement
of the number of shares to which each has
subscribed, are as follows: Stuart w.
Niche, post-office address, 1908 Third ST.,
New Orleans. La, 20 shares; Henry E. Bory,
post-office address, 1908 Third ST., New Or
leans La, Is shares; Sylvester P. Walmsley.
Jr., 25W Prytana ST., New Orleans, La, IS
shares. Total 50 shares.
| Thus done and passed, at the City of New
Orleans, State of Louisiana, on the day and
date hereinabove written, and in the pres
ence of Messrs. Philip S. Gidiere and J. o.
Walker, competent witnesses, who have sign