The herald., 1920-10-28
CHARTER

.
which said appcarerS are abov" III" iu!.
age Of ma jority, and which sand app'Hr"r-
did dc'lar" that, JNaillu- themselves "t
4 th. provisions of thu laws aud c"u~l alton
of the State OF Louisiana. r"lItIV" TO th"
organization of corporations. they have
cuyvuautDd and agreed. and do toy These
presents contract and uErc" AMI hlua Iru
. obi gate them selves. as Wei Is Nu'h DINER
persons AS may hereafter hr'Ou" aS~O"l.
atrd with them to form aud roua'ljul"
corporation and body puIi, ia Ia" Tor
IN" objects and purposes and under ID"
agreements and conditions following. 10
vii.
ARTICLE / Tn" name Of IA" corpora
ton shall he - e. HyUrl ship Repair
Company. Incorporated" and under sue.
nam" it shall have. enjoy and cN"r,l~'
Of the powers and rights granted by ln"
to corporations
ARTICLE 1.-THE purpose. or purposes.
for which this corporation Is formed. ar"
to buy. sell lease build. mt out. equip and
repair ships. vessels foreign or domestic
. boats barEvS. vessels and water crafts. of
every description. To buy. sell. Wanuinr.
urc. deal in, at WHOLESALE" or retail for
. it, own account or as agent or distributor.
/ all kinds and character of wood. or other
I material. TO sell. buy or deal IN All Kinds
/ Of machinery. engineering and hardwar"
/ >peciIlti"S. internal combustion engines
T and motors. steam engines boilers. 81,
/ triral engineering apparatus. pipes. valves
nttiu-~. steam Sprcialtics Of every Kind
. and description. appliances. plants. trans
.
7 iuE machinery, To construct EaHt hines AMI
7 machinery Of every kind AMI character. ana
/ 10 equip. erect and install the same for
/ n" and operation, to carry on the hu>i
ness Of consulting engineers. TO r"pTir-
equip and hit out. ships. boats, tugs. barge.
vessels and water crafts. and 10 repair and
/ ht W. install and equip. their H.Irhluc-N
and wood work; I" build and erect do"h>
and terminals. machine shops and work
. houses. and generally ~ eugag" in all other
I business or enterprises. and 10 do and
. perform all things nrvdfUl and hes ''-NHry
/ connected with, growing out Of incidental
" or german" To Ia" objects aud purpose,
. Ihov" set forth. or contemplated 10y MA.
/ charter. whether or not herein "N pr,~~ly
set out
/ ARTICLE III.-Th" amount Of III" rapi.
. tai stock of IN" corporation shall g." t'v"
/ thousand dollars i$JcrOOl. pLyabl" in
cash. which may b" increased to twenty
I thousand dollars.
ARTICLE IV..Th- capital stock shall
consist Of fifty shares Of It par value OF
one hundred dollars each, stockholders
shall in all stockholders meetings be ~.
/ titled to one vote. in person or 10y writ
+ ton pruNy. for each ~har,. Of capital stock
" held by them. or they may send their votes
4 by letter. the signatures Of when may T."
/ arkuOW lodged before a notary public. or
/ other officer authorized to take aihdayitH.
/ ARTICLE V.-Thr domirile Of the cor
poration shall be- IN m" city "i "" or
! leans.
ARTICLE VI The corporation shall
+ rNi>t for ninety min" years from TIA" dat"
I ~ this instrument. unless sooner dls-
4 solved
Of the corporation shall consist Of tire"
+ stockholders. each owning at least on" T.
paid and unpledged share OF th" car
/ stock. to be elected annually on the lOh
day of January of each year. and shall
/ hold Office. until their successors are re-
/ SprCtivrly chosen and qualified
/ Notice OF each annual meeting shan be
delivered personally or deposited III the
post office properly addressed TO each
/ stakeholder Mt least fifteen days before
! such meeting.
All Of the powers of the corporation shall
+. be vested in a Board of Directors. which
shall have tn" power to adopt and amend
BY laws. and appoint or elect manager
aud such other officers IS may be n"c"s.
sary. but all officers and employees shall
I hold office at the pleasure of the board.
and all officers, directors. and employees
shall also hold office at the pleasure of
. the stockholders. who mag diNplat"
. or elect the successor Of any one. or an
. ~ them NJ any time. AT a meeting called
for that purpose. by motto" delivered per
sOnaIly to each stakeholder or deposited
in the post office. addressed to each stock
holder at least five days before such meet
ing Stock transfer books shall not be
closed until tn" date of such meeting.
The President may at any time call such
meeting. aud If the president or onrerS
of the corporation refuse or fail To Cal
such meeting when requested by the hold
cr or holders of 10 per cent of the capital
stock outstanding. then such holder OF
holders. may personally. or through proxy
call such meeting TO bp held At tn" once
of the corporation. If for any reason the
use Of the office of the corporation IL re,
fused or il cannot conveniently De u>en
for such meeting then the caller or callers
of such meeting may. acting either per
sonally or through PROXY. adjourn sald
meeting elsewhere and there hold II.
ARTICLE vIII.-The first Board Of hi
nh mn
No. 438 Bermuda Street. New Orleans, La
Miss Cecilia l.. Hymel. No. 2iS Bermuda
Street New Orleans La. and Harry a.
Monroe. No 5000 Camp Street; New Or
leans. La: with Frank &. Hymel. as
President: Harry a. Monroe. rs Vice
President. and Miss Cecilia l.. Hymel: AS
Secretary Treasurer, until tn" lUh OF Jan
uary. 1921. and until their successors ara
elected and qualified, or replaced as pro
vided In Article VII.
ARTICLE IX.--Citatisn shall be served
upon the President of the corporation, and
in his absence upon the Secretary, ana IN
the absence of both from the city, on the
remaining director.
The names and post Office addresses Of
the subscribers of these articles OF lncor-
poration and a statement OF the number
Of shares of stock which each agrees 10
take in the corporation, are: FRANK =
| Hymrl No 436 Bermuda street. New Ut
leans. La. thirty 800 shares MIS- ma
/ Hymel No 23S Bermuda street. New
! orleans La ten (l0) shares. ana Harry
Monroe. No 5000 Camp Street. New
| Orleans La ten ClOl shares.
ARTICLE N-These articles Of moor
noration may he amended in any manner
conf0rmablp to law, at speciai lhrtllns
| called for that purpose, by vote OF Two
thirds of its outstanding stock, proNutu
that the Capital stock shall not be Increased
| or decreased and the objects ana purposes
! Of the CORPORATION shall not be changed by
less than a vote of three-fOurths OF all It's
outstanding stock ,o,, sbou
! ARTICLE XI-No stakeholder shaII
! ever he held liable or responsible Tor tne
contracts or faults OF the corporation IN
any further sum than the uhpai1 oaIanIo
| Of his stock, nor shall any mere Informal.
itv 81 the organization have the effect OF
! rendering this charter null or exposing
I stock holder to any liability other lhah
TINT herein provided.
! ARTICLE XII.-SO stockholder shaH
! sSl his share in this city. without having
| first offered the same to the bohru OF III
rectOrs. and said Board ShaII nav Ine
| right to purchase the same FOR the behe
tit Of the other stockholders, wlthln zen
DAYS thereafter, at the book value as SHOWN
by the last annual statement.
| There shall be written or printed across
each certificate of stock. These shares
shall not be transferred. except in the
manner required by the Charter ana by
laws OF this company.
/ ARTICLE XIII.-This corporation may
no dissolved by vote of two thirds OF the
capital stock. in the manner pointed out
Thus done and passed in my office. IN
the city of New Orleans, on the day ana
in the month and year first above writ
ten. in the presence OF Walter Il. "edlH
and VIM. J. Hopper. competent witnesses
who hereunto sign their names with the
said anpearerS and me, Notary, after du"