The herald., 1920-03-18
CHARTER OF SOUTHERN sTEyEDoR-
ING COMPANY, INC.

State OF Louisiana, Parish of Orleans,
City Of New Orleans. Be II known, that
on this twenty fifth day of February, IN
the wear One Thousand, nine hundred and
twenty, before me, William waller 1Oung'
a Notary Public, In and Tor the Parlsh
of Orleans, State of Louisiana, duly com
missioned and qualified, and in the pres
pnce of the witnesses hereinafter named
and undersigned personally came ana APP
peared, the several persons whose names
are hereunto subscribed, all above the
full age Of majority, who severally de-
cIareS that. availing themselves of the
laws Of the State of Louisiana, and es-
pecially the laws relative to the organiza-
ton of corporations, they have covenant
ed and agreed to bind. form and constl-
tute Themselves as well as all such other
persons as may hereafter join or become
associated with them, into a corporation
and body polite in law, for the OBJECTS
and purposes and under the articles,
agreements and stipulations following TO-
wit:
ARTICLE 1.-The name, style and title
of this corporation shall be southern
Steyedoring Company, Inc, and, unuer
that name, 1t shall have and enjoy all
the rights, advantages and privileges
granted by law to corporations, ana shali
exist for the full term ana period OF
Ninety nine years from this day. IL
shall have power to contract, sue and De
sued: TO make and use corporate seal,
and the same to alter and break at plea
sure; to hold, receive, lease, purchase
sell and convey, as well as mortgage ny
pothecate and pledge property, real, per-
sonal and mixed, corporeal ana lncor-
poreal; to name and appoint such man
ayers, directors, officers, agents and other
employees as its interest ana convenience
NAV require, and to make and establish,
as well as alter and amend, from time 10
time, such bylaws, rules and regulations
as may be necessary and expedient for the
proper management and government OF
the affairs OF said corporation.
ADTICI II THE dnmicile of this cor
poration is hereby fixed In the city OF
New Orleans State of Louisiana, and all
citations or other legal process shall be
served upon the President Of said cor
poration, or in his absence. upon Its Sec
rotary Treasurer.
ARTICLE III.-The objects and pur-
poses Of this corporation, and the nature
Of the business to be carried on by 1t
are hereby declared TO be to carry on bust
ness as stevedores in the City Of New Or
leans and elsewhere; to buy and sell all
kinds of appliances necessary. useful or
convenient to the proper operation OF said
all things complimentary or incidental to
the stevedoring business, including ship
lining and the fitting OF ships for the
transportation Of cattle and other ami
mails, and grain OF all kinds
ARTICLE Iv.--Ths capital stock Of
this corporation is hereby fixed at the
sum Of Ten Thousand Cs10,0O0O0) Dol
lars, to be divided into and represented
by one hundred (1OOD shares In the sum
OF One Hundred (s100.00) Dollars each
said stock shall be paid for when, and In
such installments rs directed by the Board
of Directors. The capital stock of this
corporation may be increased to the sum
Of One Hundred Thousand (s10o, 1000 o0)
Dollars.
ARTICLE v.-All the corporate powers
of said corporation shall be exercised by
Board of Directors consisting of three
stockholders, a majority of whom shall
Institute quorum for the transaction
Of business.
The first Board Of Directors Of this
Corporation shall be elected at the first
stockholders meeting and annually there
after as herein set forth. and shall hold
office until their successors are respec-
lively chosen and qualified.
The Board of Directors shall. at its
first meeting. elect from among its mem
bers. President a Vice-President and
n Secretary Treasurer, who shall hold Of
flee during the term OF the Board making
such election. and in case Of vacancy in
any of the said positions. the same shall
be filled by election by the Board Of Di-
rectors.
The annual meeting Of stockholders for
the first Tuesday in January OF each year,
unless said day be n legal holiday. and
then on the next bank day thereafter.
ANY vacancy occurring among the direc-
tors by death, resignation or otherwise
shall be filled by election for the unex-
pired term by the remaining directors.
Each subscriber hereto sets after his
name his post office address and state