The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-11
CHARTERS.
or cuYAMEL STEAMSHIP
n,srES COMPANY. NC

%sruited s. fourth. before ~; drlr
~ and for.r Notary IuDii'' uuiS
rs IA" sworn and quallheds IoT ntu
nssloneoh Of Orleans SIal 's., -, ~ tho
:, be Paid paid. and in the pT'S and nndrr-
=. sereinafter nalnyH o,,ne,rrd the |
GSs-esss ,.onally came anu ar" srr hrrrunto |
81 persons seyqrally declared thal, /
FN'.dbed, Nhy es of the provisions OF 1
sysrg tbenIls' state of Louisiana III suCh
fsss Of tne nroyided, they haN" COW
y, usde anu ,ad and by th"S" presents |
y,tsd and ~ and bind themselves as !
Ds.st sgret nrsous nS may hereafter
Ts !, 81 sven o5 with them, TO form
ne ssso.I The objects AND purposes
sgSrsnOnn The articles anu
SssDg Tho name Of this corpora
,pTlCJE -..I,,vamel steamship Com
- bal pe nd under its sald cor
ID, lncr I, shall hav" power ana au-
~ psme y ~ and enjoy corporate eA-
- to nav, ,cccssiOn for the lui term
- ana rinptv-nine years from ahI
a PROC hereof; to contract SUE ii,u
IA tbe ua' make and use 60,
sed 10 same TO break OF aI'eI 1T
. sDo 10 hold, recelSS' n,nrt,Sga
,slSr,a convey, as wen rIor7,I
slS %o,becate property, rtai, p"n5 ini
| Z bypotn ,vaII AS COrpOredl anu III
. niIed' Is o,.r and hold stocks and
srsrsl; " ,her corporations; 10 name
| s,ts o. oncb managers, agents, dlrtt-
a GppolnI ,soa,s as its business, inter
m and o,nnianre may require ana 10
| - Or eop.ahIish rs well aS after dud
| ~ ana time TO time. Such bN-IaNS'
| sd irom,,iations for the proper con
- sud resOaont and regulation of the
"a naG ia corporation as may De
SIs ,r snd proper
Es,cry 1.-THE domicile OF Sald cor
| lgIiCbh n no In the City Of New Or
| -s1leSs Of Louisiana, ana an 'IId-
l sssS s~u Thor legal process shlh u"
\ sis OF tho president OF Sald cor
i snt pPOA In the event of his absence,
Fraea ", vice. president thereof or IN
90 uo of said officers. upon the
aU al said corporation.
s.,crr UI.-The objects and pur-
RTiCLE, hitch this corporation Is or
~ iOl established and the nature
l asliso az 10 be carried on by II are
Ne vdsaclared to be: To purchase:
Gsl charter, lease. grant charters 81
n...,ste steamships, SteamnoalS anu
He Ws'stercrafts between ports Oh thS
~ ~, states and foreign count lte' anu
,sd perform any ana an ihlhES huu
sny and all business pertinent
..'issdental to the powers H'i"
NJ above enumerated.
,VTICLE Iv.-The capital stock Oh inns
AI.,,tion is hereby hNed AT nNt thou
..I SoIlars $4,000, diNlued l"to anu I
so uvn nv tifty tJ0l shares of the par
HNns one hundred dollars tSlOC.O)
nss IT, corpOratiOn shall become a
al .aaesrn and be authorized TO do
A.s uben the full amount OF It's capl-
m.asL shall have been subscribed ana
The amount to which the cap
.o.L ~ this corporation may be IN
- shall be the sum OF three hlllllou
%Is CS3,OOOOOOOO.
,v-,crg y.-An Of the corporate pow
:. this corporation shali De NesIeu ii
=, s,srcised by board of directors 10
= amused of four a. stockholders TO
- annually at "A general meeting
4 ~. s,octholders to be held on the hrSt
az In October in each year, except
=. a., hoard of directors named IN
Il, shs,tsr who shall hold office until
!. srst tuesday in october, 1872. Three
n E,sr,ors shall at all times constitute
ns,,m for the transaction of business
N nh elections shall be by ballot and
.-inr.sd AT the office OF the corporation
~, Such regulations as may be eStab'
al BY the Board of Directors. Notice
4 mch meeting or of all stockholders
r-Ings shall be given in the manner
ypsribed by law, and when not Sc
,...r,ihad then written notice of suci
ting shaIl be deposited. at least fifteeI
lg dsys prior to the date of said meet
4, n The post office in the City Of New
OrS,us postage prepaid, addressed 4
al aockholder at his last known resi-
Sse or place Of business. At all sucl
,~tons and at all corporate meeting
al stakeholder shall be entitled 10 on
ws for each share of stock standing Il
st name on the books of the corp0r
siOu. 10 be cast by him in person or b,
rs written or printed proxy and a ma
h,ty Of the votes cast shall elect. An
nancy occurring among the director
aid corporation by death, resignation
esAerwise shall be filled by election 10
IL uneIplred term by the remaining al
Mors Failure to elect directors on tn
tU ,boye specified shall not dissolve tn
separation nor impair its corporate eX
psnee and management, but the direc
tSn then In office shall remain in OF
N until their Successors are elected an
eih6ed The board of directors at II
tid meeting shall elect from its Ow
tnber a president, yice-preSident,
setiary and treasurer or one person I
" 40 both secretary and treasurer, eithe
whom may or may not be a membe
aid board. The board of director
nu from time to time name and appoin
such other officers and agents as
ny deem Necessary for the purposes an
haness Of said corporation. Said boar
al have power and authority to Fl
M dehne the duties of every officer an
nd oil nfE nd nrRaF MI M AZ
nai hold office and employment at tn
psisure Of the board. At all meeting
Md board Of directors. each direC
snail have the right to appoint froI
1oagst the directors a proxy to act /
u place aud stead. Said Board ma
sne and establish. as well as alter an
@sha' any and all such bylaws, rule
~ regulations necessary and prope
sm Judgment for the conduct and maj
tsaent Of the business and affairs {
M corporation. The board of dire,
aail not have power or authority
wv money or Incur debts, except IL
t operating purposes, nor to NOR
" pledge or otherwise create an
upon any of the property or asset
ee corporation except by and wit
"nsent and approval of twO-thirC
all OF the outstanding stock I
company given at a general meetiu
tkhOlders cllled for such purpO'
purposes after notice as herein or b
~ prescribed. This act of incOrpori
nay be modified, changed, altere
aended, or this corporation may |
A. vn with the assent of two-thirC
49,. outstanding stock of this corpo
S.s, gwen and obtained at gener
~ OF stockholders convened f
d. purposes, or any Of them, after n
sucn meeting shall have been Civ,
,aa,..Ia acckholder by registered ma
e,sssc TO him at his last known pla
"a. ns sence and deposited in the mails
ma. a states at least fifteen (15) da,
Z. ~. tne date of said meeting. u
MA er notice be prescribed by law,
os;s,r,ent notice shall be given
sr.sa TO law. Any changes propoS
M; s IN reference to the capital sto
srs,s. corporation shall be so made
ak,ss, 1 with the laws in force on {
ani,., vi increasing or decreasing I
asr,r,.s Vek OF the corporation of I
Eies LE VH-Whenever this corpC
&a a, De dissolved, either by limit
hsn rom any other cause. its affai
aao,,s h9oidated by two C2) comm
HI ,.e De chosen by the stockholde
h,oss meeting convened for su
6trs. IS above provided and after d
h,i, SAID commissioners shall
II - N offCa nn,,t - -,