The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-27
OF PONTCHARTRtI> IN
CIR>ION COMPANY. INC.

United States of America. State of Lou
iSiana. Parish of orleans. city of New
Orleans. T." il known, that on this 22nd
day of the month of May. in the year
of our Lord one thousand nine hundred
and twenty before me. John J. Reuley.
- notary public in and for the parish of
Orleans. stat" of Louisiana. duly commits
stoned and qualified. and in III" presence
of the witnesses hereinafter named and
undersigned. personally came and APP
prarrd the several persons whose names
are hercunto subscribed. who declaring
that desiring to form a corporation under
the laws of the state of Louisiana, and
particularly Act ~ of 1914. they have
coveuanted. agreed and bound them> selves
and such other persons IS may hereafter
join with them and their successors to
form a corporation upon tn" following
terms. conditions and StipulatiOnS. which
the said appearerS hereby adopt their
charter. tO-wit.
ARTICLE 1.-The name of this corpora
ton shall he "POntchartrain Excursion
Company. Inc" and under such name it
shall have power and authority TO con
tract. sue and be- sued. 20 :ave cOrpor-
ate seal. to hold receive, purchase, alien
late sell mortgage. pledge. hypothecate
property, real, personal or mixed, to make
and issue bonds, to borrow and lend
money. and to give the necessary security
therefor: to make and establish bylaws,
rules and regulations Tor the management
of its affairs may be deemed necessary
and proper. and generally shall have and
possess all the powers rights. privileges
and immunitir~ which corporations are
and may hereafter bc authorized to pos
SesS under the constitution and laws of
this state. and particularly Act pa of
| 1914: il shall have power &" vest in it,
hoard Of directors all % - cOrrorat"
powers. subject only to such restrictions
IL may be- named in this charter
ARTICLE II.-Thi> corporation. unless
sooner dissolved. shall exist ana continue
l
and after the date hereof Its dOmicile
shall he in the city Of New Orleans.
where all citations or other legal process
shall be served upon the president. or in
| his absence on the secretary of the com
pany.
ARTICLE HI-The objects and pur
| poses for which this corporation is or
| ganiZrd. and the business to be carried
on by it. are hereby declared to be:
To operate for freight anu passenger
! trade in Lake POntchartrain and other
| bodies of water adjacen; to The city Of
/ New Orleans the gasoline propelled boat
/ Lillian D.: to rent, lease and charter
said boat for freight and passenger ser
vice and to do and engage in any other
/ business connected with, growing out of,
germanc or incidental to any of the pur-
poses hcrcinabOve set forth or COntem-
plated by the charter.
! ARTICLE IV-The capital stock of this
| corporation is hereby fiXet. at five thou
sand dollars. divided into fifty (50) shares,
at the par value of one hundred dollars
| each. and all Of said stock is to be com
mon stock: said stock shall be paid for
in cash or labor done or property actually
| received. This corporation shall have the
| right to commence business when fifty
per cent of its capital stock shall have
been subscribed, and the right Is reserved
to increase the amount of its capital stock
up to the sum of twed-y thousand dol
lars. All transfers of stock shall he made
on the books of the company on the sur
render of the outstanding certificates and
pursuant to such rules the board OF
directors may prescribe.
! ARTICLE E.-The business of this cor
p0ration shall be managed and all Of the
corporate powers shall be vested in
board of three directors. all of whom
shall constitute "A quorum for the trans
action of business, to be elected from
among it's stockholders at meeting
called for that purpose. The board Of dt
rectors shall elect from among their mum
Der president. a ce-presldent ana !
! secretary Treasurer. the office of secretary
and treasurer being combined. The boaro
of directors shall have full and complete
control of the business affairS and prop
/ erty of this corporation, and they Shal
mana 90. conduct and use tie same as II
their discretion they may deem best, viii
power To appoint all agents, clerks anI
employees aud to fix their compensation
Any vacancy occurring on the board o
, directors shall be filled by the remainins
members Of the board for the uneNpire'
term.
ARTICLE VI.-The first board of di
> rectors of this corporation is hereby fNe'
I at three in number and shall be com
, posed Of Anthony DenapOlis, John J. Rou'
and Philip Gihlbach. all of New Orleans
? with the following officers: Anthem,
= DenapOliS. president; Philip Gihlbach
J vice president: John J. ROuN, secretary
{ treasurer which said board shall Serv
until the first meeting OF the Stockholder
: for the election of directors. or until thei
I successOrs are elected on the second Tues
day in April. 1921. and annually Thereafter
. All elections shall be by ballot and edc
!, share of stock shall be entitled TO on
e vote. whether cast in person or by proN!
ARTICLE VII.-This charter may b
/ changed. altered or amended. ana IN
:, corporation may be dissolved or hqui
dated in the method and manner polnte
: out by Act 267 Of 1914.
Q ARTICLE VIII.-No stOcsnolder shal
n ever be held liable or responsible TOT IN
[ contracts or faults of this corporate
4 in any further sum than the unpaid bal
n ance due the corporation on the share