The herald., 1920-01-15
CHARTER.
cHARTER OF LONGO sTEvEDORING
COMPANY, INC.

V1itpd STaIF5 Louis
ana. Parish of Orleans, City of New Or
cans. Be it known, that on this 18th da,
N the month of December, in the Yea
Al eur Lord, one thousand, nine hundre,
md nineteen; before me, George Janyier
A notary public, duly commissioned an,
oualifed In and for the State and Parish
Aforesaid and in the presence of the wit
neeses herein after named and under
signed, personally came and appeared tn,
persons whose names are hereunto sub
seyibed, all above the age of majority, who
seyerally declare that, availing themselye,
az the provisions of the laws of the Stat,
Of Louisiana relative to the organization
Of corporations, they do hereby associat,
and join themselves into and constitute
desperation for the objects and purposes
and under the stipulatiOns hereinafter sci
forth.
ARTICLE THE name and title of this
pany, Inc.
ARTICLE 1.-THE domicle of the cor.
corporation is Longo Steyedoring Com.
poration is the City of New Orleans and
il shall exist ana enjoy corporate success
sion under Its corporate name for a period
Of ninety nine years from and after the
date hereof. 1t shall have the power ia
sue and to be sued, to make and to use
a corporate seal and the same to alter and
break at pleasure, to hold, receive, lease
purchase and convey, as well as mortgage
and hypothecate property, real, personal
and mixed, corporal and incorporeal; to
name and appoint such managers, agents.
directors and officers as its business in
terests may require, and to make and es-
tsbish, as well as alter and amend from
time TO time, such bylaws, rules and
regulations for the proper government of
the Affairs of the corporation as may be
necessary and proper. All citation or
other legal process shall be served accord
ing to law.
ARTICLE III.-The objects and pur-
poses for which this corporation is or
ganised and established and the nature OF
the business to be carried on by it are
hereby declared to be: To engage in n
general steyedoring business; to load and
unload ships. steamships, freight cars and
other vehicles Of transportation either un.
der contract or otherwise: to move and
transport freight or such articles as may
be rendered il for transportation to do
such necessary storage as may be in
cidental to or required by its business and
generally to do and perform all things
pertinent and incident to and which may
be proper and necessary to carry out and
erente the objects and PURPOSES for
which this corporation is organized.
ARTICLE Iv.-The capital stock Of this
corporation Is hereby fixed at the sum of
twenty-five thousand dollars s25.000.O0),
divided into and represented by two hun
dred and fifty (250) shares of the par
yalne OF one hundred dollars (St00.00l
each. Such stock shall be paid for In
cash or In such installments and at such
time and after such notice to subscribers
~ the Board of Directors may determine
and fx. or same may be issued at not
less than par for labor zone or services
performed for said corporation or for
property or rights actually delivered TO
and received by said corporation.
Twenty -fve thousand dollars ($25. 000.00)
Of the capital stock has been subscribed
fef at Che time Of the passing of this Act
Of Incorporation and this corporation shall
BE going concern and shall be authorized
% do business as soon at twelve thousand
he hundred dollars 1912, $4,000 Of its
capital stock shall have been paid for.
All transfers Of shares Of the capital
stock Of this corporation shall be made and
entered on the stock book of this corpora
uon and no transfer shall be in any man.
catered
stock In this corporation is issued, ac-
guired and held by the stockholders un- |
eef the following conditions which are |
ne essence OF their rights as stockholders |
and which conditions shall be referred to |
the certificates Of stock
10 stockholder shall sell, ALLEVIATE, n.y. |
po'neeate or otherwise dispose of or en-
umoef MS stock until he shall have first \
Miefeo the same to the other stockholders
u ne company, which offer shall be made
- writing to the Board of Directors,
srose duty II shall be to transmit the /
s Sme 70 the stockholders Immediately, and
ss. m ueckhoiders shall have seven days
AZ. the receipt of said notice withil-
thereof pa'e at '"e '"iue
,, me value Of the stock for the purpose
'.esaid shall be the same as is Shown
y me books Of the OBSERVATION-DISCLOSURES
s,,s sa .ae basis Of the last semi-annuai
AZ eneht OF the corporation in connection
s~t .ne monthly trial balance and the
ssrsnnuai inventory.
to ns Ian oe the duty Of the corporation
10, ns,e up and preserve the foregoing
s.ioaiance and semi-annuaI and ANIMAL
vSsh %ents Tor the purposes aforesaid. and
,ir,r snail az all times be oien to the
ss.s, the stockholders.
10 hns more than one stakeholder offer
s s.uutsd among those wishing to nnrcbasa
r,ation. hoiuihgs IN the cor
urds, s .s OF the acceptance of the offer
tss e,ses provisions hereinabove set forth
riihsp t, .nereior shall be paid in cash
vptspee "eh'y-four hours after such ac-
csrpe,s,,aLE v-The capital stock of this
shsn 6ssv may be increased to not more
4 vote thousand dollars ESQ 900 OO) nv
a M. two-thirds Of all of the stock
ARTICLE y called for that purpose.
Ills cornos.., -Aii the corporate powers
ezereisaS poration shall be vested in and {
M ~ ey Board Of Directors COM j
xken - i've stockholders n maior;ty 90
mnmrfisn constitute a quorum for the 4
Tan Ia Oh business The directors !
Assders Al ! annually by the stock t
md Tuesd.n trung to be held on the s
Nld mees,nsy Oh November I'm each wear. v
pnepeSsS Of stockholders shall hs :
Sat 10 sscs hree days notice in writing 4
Ut knoun stockholder at his or her /
~ sAall piace OF residence. Each per- 5
o. bv n, ehutied to one vote in per- {
All elscs;i Tor each share of stock
sssA rules s .,s,ctions shall be held under f,
" IL d. ana regulations "a MAJ unue, I
nm vhssaru or Directors Afau 49,. 4
solders an or Directors or of stnct
y msia,yue stions shall be determines .
.sstags Oh those present at sueb =
ssse il as,sors. when elected shall, 90.
seessors i, S Tor one year and nnsi, . 9on- Il
- walls snan have been S,,v .nel1 h
pe1,ts the NO failure to eiect sheI
hight he,s., eiture Of this charter ~ @
i On the Roars sr ANY vacancy occur Ct
seapir,d 'se remaining nirectns. snail be n
~ Ia s, srm. The Board ~ ni or the d
nemhers "a shall elect from arnun n,
4, esetary sn resident, vice.Presidenf b.
10 effice ana Treasurer hns .hss ~
may be filed by one pers Of
e,st,o General Man.,a.
9psist ne me Board shall, haye 70 the a,
o~SyAs a. - uismiss the clerks =. ats N,
~ = t. t,s.e Corporation M niaesn m
stiea nav ssc, and business Of the to