The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-08
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. he il known, that on this twenty
fourth (2ith) day of the month of No
| vember in the year Of our Lord, one
thousand, nine hundred and nineteen,
| Q9l9), and of the Independence of the
| United States of America, the one hundred
and fOrty-fOuTth (44th); before me-
Henry Leon Sarpy, notary public, duly
commissioned ana qualified for the Par
Ism OF orleans, state OF Louisiana, and in
the presence of the witnesses hereinafter
named and undersigned:
Personally came and appeared the sew
eral persons whose names are hereuntO
subscribed who declare that, ayailing
themselves OF the provisions of the laws
of the State of Louisiana relative to the
formation of corporations, and particularly
Act 267 of 1914. they have COnvenanted
and agreed for themselves and such other
persons as may hereafter become associ-
ated with them to form and organize them
selves into corporation and body polite
in law for the objects and purposes and
under the agreements and stipuatiOns
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 n period of nine nine (99)
years from this date, and shall possess
the enjoyment Of all the rights. privileges
and 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 IL are declared to be
TO do general marine and stationary re-
pair work; to manufacture hydrolic pumps
and feathers; to conduct and operate
general machine and manufacturing works
for the manufacture and repair of ma
! chinery of all kinds, engines, boilers cast
ings, patterns, agricultural appliances, We
hicleS, and apparatus of every kind and
description 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
can be made out of or from brass, copper,
iron, and other metals, or of wood; to
; carry on a turning plant, and TO rent, sell
: and otherwise dispose of machinery and
all apparatus and articles that may be
!, made, handled. manufactured or repaired
in the aforesaid plant or machine shops
: of said corporation.
( ARTICLE IV.-The capital stock of this
5 corporation shall be twenty-five thousand
: dollars (S2J'OOO.00), to be divided into and
represented by two hundred and fifty
, l2JO) shares of the par value of one hun
: dred dollars (S1O0O0) each, all of which
n shall be common stock, fully paid and
2 non assessable. The capital stock may
a be increased to one hundred thousand dol
$ lars (sl0O,OOO.OO); or even beyond that
r of the Act 267 of 1914. No stakeholder
shall sell or otherwise dispose Of his
r stock In this company without first offer
r ing II to the other stockholders through
i the Board Of Directors in writing, and the
r stockholders shall have five days from
r the receipt by them of said written notice
to either accept or reject the offer.
! ARTICLE v.-An the corporate powers
! of this corporation shall be vested in and
! exercised by a Board of Directors which
shall consist of three (3) stockholders,
two of whom shall constitute a quorum to
5 do business. Each member of said board
shall own at least one ~ share of un-
encountered stock in his own name on
! the books Of the company. The Directors
shall be elected annually by ballot at n
; meeting Of the stockholders to be held in
l compliance with Section 10 Of Act 267 Of
r 1914. The first Board of Directors, To
D serve until the first Monday in November,
! 1920, or until their successors shall have
! been duly elected and qualified, shall con-
| sist of John G. Allen, of No ga Louisa
4 St, New Orleans, La, Gustave X. Dubus,
: of No. 2S4S Baronne ST., New Orleans La.
t and of John Walker of No. GA North
solomon St., New Orleans, La, of whom
r John c. Allen shall be President Gustaye
John Walker shall be Secretary Treasurer.
T All vacancies shall be filled by the re-
naming Directors for the unexpired term.
e The Directors shall have the power and
: | anthOritV soil and Mod 90
: any kind of property owned by the cor
! poration: to purchase, lease and otherwise
acquire any property for the corpora
; ton; to make loans, borrow money, issue
! notes and other obligations in the name
of the corporation, in fine shall have all
D the powers and authority accorded said
5 corporation by Act 267 of 1914.
ARTICLE VI.-The appearers have sub
scribed to the number Of shares set OPP
[ posite their respective names, and their
signatures hereto shall constitute the
original subscription list to the capital
stock of this corporation.
r Thus done and passed at my Office In
: the city of New Orleans, the day, month
4 and year first above written, in the pres
;. ence of Joseph NJ. Gore Jr., and Louis A.
g Ducros, competent witnesses, residing in
e this city, who have hereunto signed their
q names with appearers and me, Notary,
4 after due reading of the whole.
; Original signed:
JOHN c. ALLEN, 40 Shares.
e GUSTAVE X. DUBUS, 20 Shares.
u JOHN WALKER, 20 Shares.
, witnesses:
y l.. A. Ducros.
j. NJ. Gore, Jr.,
. HENRY L. SARPY.
q Notary Public.
: l. the undersigned, Recorder OF Mort
e cages. for the Parish Of Orleans, State Of
Louisiana, do hereby certify that the fore
: going Act of Incorporation Of MARINE
!, Iron Works, Incorporated" was recorded
y in book 1921, folio ...., Of my Office
] New Orleans, La, December l. 1919.
i (Signed) EMILE J. LEONARD, ID. X.
true copy, New Orleans, La, Decem-
n Der i, 1919.
e HENRY l.. SARPY,
: Notary Public.
Dec. Alan. 8.