The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-02
CHARTER.
ru,RYER OF THE INTERSTATE TOW
ING AND LITERAGE COM
PANY, INC.

r,,ted States Of America, State OF Lou
.s.a Parish Of Orleans, City of New Or
s.ps Be Il known, that on this 9th
hy Of the month of August. in the year
= our Lord, one thousand nine hundred
"a twenty, and of the Independence of
n limited States of America. the one hun
40 and forty fifth (145th), before me.
IN. ]. FormentO, Notary Public, in
,,d for the Parish of Orleans. State of
Isuisiana. duly commissioned and quail
Al and In the presence of the witnesses
L I,rslpafter named and undersigned, per
pssly came and appeared the several
psrsous whose names are hereunto sub
sribed. who severally declared, that, avail
IN themselves Of the laws of the State of
louisiana relative to the organization of
eWporafens, they have coyenanted and
srred, and do by these presents, covenant
nd agree and bind and Obligate them
sslyes. as well as such other persons who
naJ hereafter become associated with them
Or their successors. to form and constitute
corporstion and body polite in law, for
he objects and purposes and under the
agreements and stipulations following, to-
W.T.
ARTICLE 1.-The name and style of this
eopcrstisn shall be the Interstate Towing
and Nterage Company, Inc, and under
joy al the rights and privileges granted
b. law to corporations; ii shall exist for
period Of ninety years 800 from
he date hereof; IL shall have the power
to contract, to sue and be sued in its cor
porzte name; to make and use a corporate
val and the same to break and alter at
plasure; to hold, lease, receive. purchase,
MI, convey, mortgage or hypothecate
ppperty, both real and personal; to name
IN
issnts and officers as the interest and con
usaenct Of said corporation may require,
and 10 make and establish such rules and
nguhtions and bylaws as may be neces-
ay for the proper management, conduct
iM regulations Of the affairs of said cor
hrstioa. and the same to alter and change
4 pleasure.
ARTICLE 1.-THE dOmicile OF said cor
rfstien shall be in the City OF New Or
ans Parish OF Orleans, State of LOuisi-
ma and all citations or other legal pro-
ns shah be served on the President of
Ne aid corporation, and, in case of his
nsnca upon the Vice President, and. in
ne Of the absence of both of these Off
sfh upon the Secretary Of said corpora
hen
ARIlCLE lII.-The objects and pur-
u.s. for which this corporation Is organ
~ sre hereby declared to be: To engage
Allowing and lighterage; to own and oper-
power boats. tugs, barges. passenger
n freight boats, and equipment for
nhdlng all commodities to and from
.s IN harbor; to supply ships with
mL fael-Oil. water and all necessary sup
I1a' 70 own and operate special equip
l 70 make repairs to ships while in
hsvigable harbOrs and rivers of It.,
Isited States.
AkIiCLE lv.-The capital stock of this
~,poauon is hereby fixed at the sum M
slHy thousand 1886, 1000 dollars, divided
~ hree hundred (300) shares of the par
Nv one hundred ($100) dollars each,
=, mare TO be paid for in such manner
board Of Directors may determine
AMOUNT Of the capital stock may be
sn s 10 one hundred thousand $500.
~. Collars. but in no case shall it be de
Eas1s below the sum of thirty thousand
49, collars. No sale or transfer OF
~ Wal be binding upon the corporation
49, maze upon its books, and the said
s.a.e snail be made only upon the sur
a. I oi proofs of loss or destruction OF
IaIa see@nding certificate, and no stock
3D.. snail be entitled to vote upon any
prsrsa' uansierred to him within ten days
"aeoihg any election.
ma LYLE V.-All the corporate powers
,,rsS a.norty OF this corporation shall bs
tOl AZ ~. ssd the management and con
Rs.,S ~ affairs shall be exercised by 8
nss ol Directors, composed of not less
xestha,sS tS) and not more than five 81
b,n.s ~. TO be elected annually by
hsLs,s general meeting of the stock,
noN % the first Wednesday of ths
July Of each year.
p,rss. Aockholder shall be entitled, In
ZACH sA vi by proxy, to cast one vote fol
h shsn owned by him or her, provided
ias ~ ee standing in his or her name
sirpefe,. Aays prior to the election. The
efnes ~. mus elected shall continue In
sn ,hsu vne year, or until their success.
snlfes ave been duly elected and
sssIl - No failure to elect director,
eAsrtps rsarded as a forfeiture of this
Asrd sA.nn vacancy occurring on said
ererts,s =, oe filled by the remaining
ntors sh.n ene uneXpired term. Said di
skction al. AZ It's first meeting after their
trt 49, out of their number, a presi.
trssurer president, secretary and
hsy b. 49, s.n OF which last two officers
n. onoined in one person.
srsblisS .ru Of Directors may make and
Nd an NJ well as alter and amend, any
aey nav Sns rules and regulations, thai
hent "a ueem requisite for the govern.
Hs "a a management of the affairs a.
ae pev., operation, and they shall hay,
errps n aao authority to contract debts
ehaee. sosey, issue notes, bills of ex,
sertssres ptanees or bonds. execut,
ode1tsj "a an. snu generally do all things in
opsratkn e OBJECTS and purposes Of saiC
we sad .. sno, moreover. shall hav,
nhpsid shalnority to issue and deliver
saer oblirssao OF stock, or bonds, o.
hvneut ssuons Of said Corporation il
rnensy PROPERTY bought, labor don,
~ be L-This act of incorporation
ss eornasaa, amended and modified o.
S Consent ~ may be dissolved. witt
= epress, u wo-thirds of the stockhoId
= Tat nn.s At general meeting hel,
nsiied after notice thereof ha,
RsckSa,so the last known address O
: u aate a. a at least fifteen days prio