The herald., 1920-08-19
CHARTER.
,u,RrER OF THE INTERSTATE TOW
ING AND LIGHTERAGE COM
PANS, INC. ;

r,i,aa States of America. State of Lou
,a.ns Parish of Orleans, City of New Or
ana Be 1t known. that on this ------
hy az the month of August, in the year
y our Lord, one thousand nine hundred
nd twenty. and of the Independence Of
~ United States of America. the one hun
~ and forty-fifth 045th). before me,
Vm ]. FormentO, Notary Public, in
,,d for the Parish of Orleans, State of
Iaulsana duly commissioned and quail
"A and in the presence of the witnesses
I,,.ln1fter named and undersigned, per
euslly came and appeared the several
srsons whose names are hereunto sub
srbed. who severally declared, that. avail
hg themselves of the laws of the state of
Ieuisiana relative to the organization of
Operations, they have cOvenanted and
srreed, and do by these presents, covenant
md agree, and bind and Obligate them
ssTes as well as such other persons who
nav hereafter become associated with them
Or their successors. to form and constitute
4 orporation 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
corporation shall be the Interstate Towing
and Lighterage Company. Inc, and under
that corporate name it shall have and en-
Joy all the rights and privileges granted
By law to corporations: il shall exist fol
4 period Of ninety-nine years (99) from
tie date hereof it shall have the power
10 contract, to sue and be sued in its cor
poraie name; to make and use corporate
seal. and the same to break and alter al
pleasure; TO hold, lease. receive, purchase
ell convey, mortgage or hypOthecatt
property both real and personal; to name
and appoint such managers, directors
sgsnts and officers as the interest and con
Bnence Of said corporation may require
md to make and establish such rules and
ngulations and bylaws as may be neces-
my for the proper management, conduct
and regulations of the affairs of said cor
iarstion. and the same to alter and change
pleasure.
ARTICLE 1.-THE domicile of said cor.
lsrtion shall be in the City of New Or.
ans Parish Of Orleans, State of Louisi'
ana, and all citations or other legal pro-
90 shall be served on the President OF
ns sid corporation, and. in case of his
snSnee, upon the Vice President, and, In
dS Of the absence of both of these Off.
sfS upon the Secretary of said corpora.
Ton
ARTICLE III.-The objects and pur.
poses for which this corporation Is organ.
20 are hereby declared to be: To engage
nwsins and hghterage: to own and oper
power boats, tugs, barges, passenger
nd freight boats, and equipment fol
nnahng all commodities to and from
AiPs IN harbor; to supply ships with
%L mel-oil, water and all necessary sup
lMs' 70 own and operate special equip.
sel 10 make repairs to ships while IL
havlgable harbOrs and rivers of tn,
| United States.
ARTICLE IV.-The capital stock of thi,
operation Is hereby fixed at the sum o.
Erv thousand 1000 dollars, divided
~ uree hundred (300) shares of the pal
aae o. one hundred (S1O0) dollars each
I. ~ snare to be paid for in such manner
we Beard Of Directors may determine
smount OF the capital stock may b,
sn 100 70 one hundred thousand $500,
W. collars. but in no case shall it be de
ess s. below the sum of thirty thousan,
49, collars. No sale or transfer o
M, Snail De binding upon the corporation
go nsoe upon its books, and the sal,
1917 snail be made only upon the sur
~ 49, o. proofs Of loss or destruction o
Ia,asss 'asnding certificate. and no stock
So snail be entitled to vote upon an,
pcssa, transferred TO him within ten day
S'uedins any election.
ana ILL YAH the corporate power
sessS t,sofity OF this corporation shall b
rul -
hs ~. " Its affairs shall be exercised by
H., ~, ~ directors, composed of not les
uorlsaasx 70, and not more than five q
hsnc, aers. 10 be elected annually b.
bolSs.." general meeting of the stock
nosA -, IN the first Wednesday of tn
July Of each year.
n..s n stockholder shall be entitled. Il
esrh ~ W py proxy, to cast one vote 70
shsn owned by him or her, provide,
fst tn se standing in his or her nam
crpr,a,.u sys prior to the election. Tn
ofSes -. mus elected shall continue il
~r sis,, oee year. or until their success
nan 20 No failure 10 elect director
slsrfss isgsrded as a forfeiture of thi
heard .h.n vacancy occurring on sal,
difpcto,s ~ De filled by the remainin,
hcior, sA.n the unexpired term. Said di
eeetio, ~ al Its first meeting after thei
se1t ) ~ out Of their number, a presi
he,scrrr president. a secretary an,
hly h e. oe,h OF which last two officer
n. nMeined In one person.
usSb.eeo .rd Of Directors may make an,
I'd an nv, wen as alter and amend, an,
nsy nss sNs rules and regulations. tina
senf ara s s requisite for the govern
~ ssid management of the affairs O
" pess corporation. and they shall bay
stssv ns sna authority to contract debt.
olhee ssy. issue notes. bills of ex
ssufss~s eptanees or bonds, execut
usstai 4. sa nd generally do all things i'm
Npsrs,i, "e objects and purposes OF sal
ssef ma ana, moreover. shall hay
napsid ss.hority to issue and deIive
AeF obl,ssssares Of stock, or bonds. O
Hnent ~ ',ons of said corporation. i
nsaey property bought, labor don
~ h shs,,l -This act of incorporate
- csrpcrss amended and modified, 9
Ssasenf ~ may be dissolved, wit
npre1rns.s No-thirds Of the stockholC
hat purne.at 2 general meeting hel
"a s1srts.te the last known sdSress !
y asfs = ss. at least fifteen days pric