The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-11
CHARTER.
OF MARINE IRON WORKS,
INCORPORATED."

CHARTER OF MARINE IRON WORKS
INCORPORATED"
| United States of America State of Louis
| lana, Parish of Orleans, City of New Or
leans. Be it known, that on this twenty
fourth CATH day of the month of No
| VemDer, IN the year Of our Lord, on
thousand, nine hundred and nineteen
! Q9l9J, and of the Independence of tn
| United states of America, the one hundre,
and forty fourth 044th); before me
Henry Leon Sarpy, notary public, dul!
commissioned and qualified for the Par
lsh of Orleans, State of Louisiana, and il
the presence of the witnesses hereinafter
named and undersigned =
personally came and appeared the sew
eral persons whose names are hereunt,
subscribed who declare that, availinl
themselves of the provisions of the laws
OF the State of Louisiana relative to the
formation of corporations, and particularly
Act 261 of 1914, they have convenanted
ana agreed for themselves and such other
persons as may hereafter become associ-
ated with them to form and organize them
selves into a corporation and body polite
In law for the objects and purposes and
under the agreements and stipulations
hereinafter set forth, tO-wit: -
ARTICLE 1.-The name and title of this
corporation is hereby declared to be
Marine Iron Works, Incorporated" and
by that name it shall have and enjoy
succession for Il period of nine nine (g9)
years from this date, and shall possess
the enjoyment of all the rights privileges
ana advantages accorded TO corporations
by the corporation laws of the State of
Louisiana.
ARTICLE 1.-THE domicile of this cor
poratiOn shall be the City of New Or
leans, State of Louisiana. All citations or
other legal process shall be served upon
the President, and in his absence upon
any one of the other officers of the cor
poration.
ARTICLE III.-The objects and pur-
poses for which this corporation is Or
ganiZed and the nature of the business
to be carried on by it are declared to be
TO DO general marine and stationary re-
pair work; TO manufacture hydrOlic pumps
and feathers; to conduct and operate a
general machine and manufacturing works
Tor the manufacture and repair of ma
of all kinds, engines, boilers cast
ings, patterns, agricultural appliances, We
hicles, and apparatus of every kind and
Inscription and any and all articles made
from iron; to manufacture, make, con-
struct and erect all kinds of mechanical
devices, appliances, inventions or other
works and machinery, and to buy, SELL
make and repair tools and instruments of
every description and kind that are or
tan be made out of or from brass. copper
IRON, and other metals, or of wood; to
larry on turning plant, and to rent sell
ana otherwise dispose of machinery and
all apparatus and articles that may be
made, handled, manufactured or repaired
III the aforesaid pant or machine shops
IF said corporation.
ARTICLE IV.-The capital stock of this
corporation shall be twenty five thousand
iollars ($25,OO0OO), to be divided into and
represented by two hundred and fifty
800 shares of the par value of one hun
lred dollars (sIOO.o0) each, ali of which !
hall be common stock, fully paid and |
ION assessable. The capital stock may |
'e Increased to one hundred thousand dol |
airs (S10OOO0.OO), or even beyond that
IN MI spsr ...ss
t the Act 267 of 1914. No stakeholder
hall sell or otherwise dispose of his
t0ck in this company without first offer
NJ II to the other stockholders through
tockholders shall have five days from
ne receipt by them of said written notice
D either accept or reject the offer.
ARTICLE E.-All the corporate powers
this corporation shall be vested in and
Sercised by Board of Directors which
nall consist of three CD stockholders
Nc>of whom shall constitute a quorum to
0 business. Each member of said board
lal own at least one % share of I'M
stock in his own name on I
lie books of the company. The Directors
lall be elected annually by ballot at
Getting of the stockholders to be held in
appliance with Section 10 of Act 267 of ;
IA. The first Board of Directors, to ,
rye until the first Monday in November, ]
20, or until their successors shall have ,,
zen duly elected and qualified, shall con- ;
st of John c. Allen, of No. 634 Louisa
-, New Orleans, La, Gustave II. Dubus, !
NO. 2S4S Baronne ST., New Orleans, La,
I'd of John Walker of No. 914 North /;
'lomon St, New Orleans, La, of whom I
hin e. Allen shall be President, Gustaye :
Dubus shall be Vice President and
'hn Walker shall be Secretary Treasurer. =
i vacancies shall be filled by the re- =
aiming Directors for the unexpired term .
The Directors shall have the power and n
thorlty to sell, mortgage and pledge q
y KIND of property owned by the cor n
ration: to purchase, lease and otherwise a
quire any property for the corpora ;
IN; to make loans, borrow money, issue h
ties and other obligations in the name +
the corporation. in fine shall have all il
e powers and authority accorded said u
rporation by Act 267 of 1914 l,
ARTICLE VI.-The appearers have sub
rlbed to the number of shares set OPP q
site their respective names, and their IL
,natures hereto shall constitute the II
ginal subscription list to the capital +,
,ck of this corporation. y
Thus done and passed at my Office in q
2 city of New Orleans, the day, month =
year first above written, in the pres n
&c of Joseph NJ. Gore, Jr., and Louis A. n
crOs. competent witnesses, residing in a.
IS city, who have hereunto signed their 81
mes with appearers and me, Notary, a,
er due reading of the whole. a
Original signed: a.
JOHN G. ALLEN, 40 Shares. g,
GUSTAvE r. DUBUS, 20 Shares. s,
JOHN WALKER, 20 Shares. al
Witnesses: OF
:. A. Ducros ii
T. NJ Gore, Jr., OF
HENRY l.. SARPY, tn
Notary Public. OF
the undersigned, Recorder of Mort al
yes, for the Parish of Orleans, State of i'm
nisiana, do hereby certify that the fore I'll
ng. Act of Incorporation of Marine Lii
n Works, Incorporated" was recorded III
book 1881. folio ...., of my Office TO
lew Orleans, La, December 1, 1919 af
Signed) EMILE J. LEONARD, d. r. sa
true copy, New Orleans, La, Deem to
/, 1919. tr
HENRY L. SARPY, III
Notary Public.
ec. Alan. 8. M
st
OF
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