The herald., 1920-06-17
CHARTER OF JOHNSON IRON WORKS
DRY DOCK AND SHIPBUILDING
COMPANY INC

United States of America. State of Lou.
iSiana. Parish of Orleans. City of New
Orleans. BE it known, that on this the
18th. day of the month of May, in the
year of our Lord, one thousand. nine hun.
dred and twenty, and of the Independence
| of the United States of America the one
hundredth and forty fourth before me
Watts h. Leverich, Notary Public duly
commissioned and qualified within and
for the Parish of Orleans State of Louis
lana, and in the presence of the witnesses
hereinafter named and undersigned, per
sonally came and appeared the several
persons whose names are hereunto sub
scribed. who severaIly declared that
availing themselves of the benefits and
provisions of the Constitution of the State
OF Louisiana, and of the laws of said
state relative to the organization of cor
poIationS. and particularly of the provis.
IONS OF Act 261 of the General Assembly
OF the State of Louisiana, for the wear
1914, and the amendments thereto. they
have contracted and agreed and united
10 form and do, by these presents con-
tract and agree and bind ana Obligate
themselves to form, organize and cOnsti-
tute themselves, as well as all such other
persons who may hereafter join or be-
come associated with them or their sue.
cesSorS, into stock corporation and body
polite In law, for the objects and pur-
poses and under the conditions, cove
nants, stipulatiOns and agreements of the
ARTICLE 1.-The name and title of this
corporation shall be johnson Iron Works.
Dry Dock and Shipbuilding COMPANY
Inc, and under and by said name. unless
sooner dissolved in accordance with law
and this charter. il shall exist and CON
time, and shall have and enjoy corporate
existence and succession TOR a period of
ninety nine (99) years from and after the
date Of this act.
1t may have, hold, receive. borrow.
loan, exchange, acquire by grant, gift
or purchase, devise or beauest. sell allie
nate, dispose of. convey, lease, pledge.
pawn, hypothecate, encumbes or mort.
gage property of any kind, whether real
personal or mixed, corporal or incor-
poreal, movable or immovable. all sub
Ject 70 such limitations as may be pre-
Scrlbed by law. 1t may make, issue and
endorse bonds or notes and other evil |
iences of debt. 1t may accent mort |
cages, pledges or other forms of security |
Tor money loaned or other debts. II NAV
contract, sue and be sued, plead or be |
mpleaded by Its corporate name in any |
'ourt of competent Jurisdiction. II NAV
make, adopt and use a corporate seal and |
liter or break the same ur pleasure II
nay subscribe to and hold stock in other
and its capital stock, may |
De issued for capital stock of other cor |
,osauons. IL may acquire out of it's |
Undivided profits or surplus, hold and |
elssue shares of its capital stock. 1t
nav name, appoint and employ such |
managers, directors, officers, agents and |
'ther employees as its interests, business
ma convenience may require, and NAV
TX their compensation. having due re-
'aru 10 the nature. character and yalue
II their services. 1t may make ana es-
aoiish by laws, rules and regulations not
with this charter or any
visiting law, fixing or altering the man,
cement Of its property, the regulation
no government of its affairs, and the
aahner OF the certification and registra.