St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-07-24
ACT OF INCORPORATION
of the
PONTCHARTRAIN SHIP YARD
INCORPORATED.
United State of America, State OF
Louisiana, Parish of
OrleanG.

BE 1t known, that on this the 9th
day of the month of June, in the wear
OF our Lord one thousand nine hun
dred and twenty, and of the hide
pendence of the United States Of
America the one hundred and forty
fourth, before me, Charles F. Fetch
niger, Notary Public, duly COM
mlsstoned and qualified in and for
the City, Parish and State aforesaid.
therein residing, and in the pres
enee Of the witnesses hereinafter
named and undersigned, personally
came and appeared the persons
whose names are hereunto subscrib-
ed, all of full age, who declared
that, aVailing themselves o. the pro-
slons OF the laws of this State, rela-
tive to corporations, they have cove
nanted, agreed and do, by these pres
ents, covenant and agree, and bind
themselves as we'll as such other
persons as may hereafter become as
ISOLATED with them to form and con-
st1tute a corporation and body poll
tic in law, fer the objects and pur-
poses and under the stipulations,
articles and conditions, VIII CHI they
hereby adopt as their charter, as fol-
lows, to-Wit:
ARTICLE I.
The name and title of said cor
poration shall be
"Pontchartrain Shi Yard, Inc.,"
and it's domicile is hereby establish
ed IN the Town of Madisonville, State
of Louisiana, and under it's corporate
name, said corporation shall have
power and authority to contract, sue
and be sued; to make and use cor
porate seal, and the same to break
and alter at pleasure; to hold, re-
eeive, lease, purchase, improve,
ALLEVIATE, convey, sell, borrow, pledge,
mortgage, hypothecate, under its
said name, property, real, personal
and mixed; to own stock in other
corporations and sell the same; to
name and appoint such officers, di-
rectors and agents and managers or
as the interest or convent
ence of said corporation may re-
quire; to make and establish by
laws, rules and regulations for the
roper management and regulation of
its affairs, as may be deemed neces-
sary and proper, and the same to
change and alter at pleasure: and
to do all other acts and things per-
mitted by law, or as shall be neces-
sary and proper to carry out the OBJ
jects and purposes of said corpora
ton.
Said corporation, unless sooner
in accordance with its
shall exist and continue for
the period Of ninety-nine years from
and after the date hereof.
The President, or in his absence,
the Vice-President, shall be the prop
er person upon whom citation and
other legal process shall be served.
ARTICLE II.
The objects and purposes for
which this corporation is organized
and the nature of the business to be
carried on by it are hereby declared
to be:
To build, own, lease, repair AMI
operate ship yards, ways, vessels
and tramways, to own, lease and
operate lumber mills, to buy and sell
ships and other vessels; to own,
lease and operate such factories as
may be necessary to produce the sup
plies and raw materials for the
plants Of the company, and to sell
it's finished products, and generally.
TO do and perform all such business
rs may be necessary for or incidental
to the objects and purposes herein
as fully as if set forth
herein.
ARTICLE III.
The capital stock of this corpora
lion is hereby fixed at Fifty Thous-
and ($50,000) Dollars, divided into
i've hundred (500) shares of One