The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTER OF SOUTHERN sTENEDok'
ING COMPANY, INC.

State of Louisiana, farlsn VI OIlcIhs,
City Of New Orleans. BE it known, that
on this twenty fifth day Of February, III
th,, wear One Thousand, nine hundred anu
twenty before me, William Waller 1ounS'
a Notary Public, in ana Tor tne a[is n
az Orleans state of Louisiana. duly COM
missioned and qualified, and In the pres,
enre of the witnesses hereinafter named
and undersigned; personally came anu APP
peared, the several persons WhoSe nam .bo
are hereunto subscribed, all ABOVE Tue
full age OF majority, who severally ue
cIared that, availing themselves OF Tue
laws of the State of Louisiana anu es-
ton of corporations, they have covenant
ed and agreed to bind, form ana conSll-
tute themselves, as well as All sucn otneI
persons as may hereafter join or become
associated with them, into corporation
and body polite in law, for the OBJECTS
and purposes and under the artlcies'
,greemcuts and StipulatiOns f0llOwlhg' 10
wit:
ARTICLE 1.-The name, style and title
of this corporation shall be southern
Steyedoring Company, Inc, and, UNDER
that name It shall have and enjoy All
the rights, advantages anu PrNIltsrnS
granted by law TO corporations anu shals
exist for the full term ana perlou 3t
Ninety nine years from this day. II
shall have power to contract. sue ana De
sued; to make and use corporate seal
and the same TO alter ana Dreak AT pae 'i,
sure; to hold, receive, lease. purchase
sell and convey, as well as mortgage, ny
pothecatc and pledge property, rear; per
sonal and mixed, corporal and lhcor-
poreal: to name and appoint such man
agars directors. Officers, agents and other
employees as its interest and convenience
may require, and to make and estabhsh,
as well as alter and amend, from time 10
time such bylaws, rules and regulations
as NAV be necessary and cXpedient for the
proper management and government or
the affairs of said corporation
ARTICLE 1.-THE domicile of this cor
poration Is hereby fixed in the city or
New Orleans State of Louisiana, and all
citations or other legal process shall be
served upon the President Of said cor
poration, or in his absence. upon its Sec
retaryTreasurer.
ARTICLE IU.-The objects aud pur-
poses OF this corporation, and the nature
M the business to be carried on by IL
~se hereby declared to he to carry on bust
kss as stevedoreS in the City OF New Or
leans and elsewhere; to buy and sell all
kinds OF appliances necessary. useful or
convenient to the proper operation Of said
business. and generally to do any and
all things complimentary or Incidental TO
the stevedoring business. including ship
lining and the fitting of ships for the
transportation Of cattle and other ami
mails. and grain of all kinds.
ARTICLE IV.-The capital stock of
this corporation is hereby fixed at the
sum of Ten Thousand C$10,OOO.OO) Dol
lars TO be divided into and represented
by one hundred (10Ol shares In the sum
OF One Hundred (Slo0OM Dollars each !;
said stock shall be paid for when. and in
such installmentS as directed by the Board
OF Directors. The capital stock OF this
corporation may be increased to the sum
Of One Hundred Thousand 100000 O0)
Dollars.
ARTICLE V.-All the corporate powers
of said corporation shall be exercised by
Board of Directors consisting OF three
stockholders, majority of whom shall
constitute a quorum for the transaction
of business.
The first Board of Directors OF this
CORPORATION shall he elected at the first
stockholders meeting and annually there
after as herein set forth, and shall hold
office until their successors are respec-
lively chosen and qualified.
The Board of Directors shall, at Its
first meeting, elect from among Its mem,
bers A President. Vice Prestdent and
A Secretary Treasurer, who shall hold or
flee during the term of the BOARD making
such election. end In case OF vacancy In
any Of the said positions, the same shall
be filled by election by the Board or d.
rectors.
The annual meeting of stockholders for
the election Of directors shall be held on
the first Tuesday in January OF each year
unless said day be legal holiday. and
then on the next bank day thereafter.
ANY vacancy occurring among the direc-
tors by death, resignation or otherwise
shall be filled by election for the unex-
pired term by the remaining directors
Each subscriber hereto sets after his
name his post-office address and state