The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-03
CHARTER OF NEW ORLEANS STEVE
DORING COMPANY,
INCORPORATED

INCORPORATED
United States of America. State of Lou
iSiana Parish of Orleans. BE il known,
that on this seventh day of the month of
April in the year of our Lord. One Thou
sand Nine Hundred and Twenty. and of
the Independence of the United States of
America. the one Hundred and Forty
fourth. Before me. Gustave Joseph Ricau.
Il Notary Public. in and for the Parish
of Orleans. State of Louisiana. and in
the presence of the witnesses hereinafter
named and undersigned. personally came
and appeared the several persons whose
names are hereuntu subscribed, and all
of age, who severally declared; that avail
ing themselves of the provisions of the
laws of the State of Louisiana. in such
cases made and provided, and more par
ticularly of Act 261 of the General AS
Sembly of the State of Louisiana, for the
year 1914, they have cOvenanted. con
traCted. agreed and bound themselves. and
do by these presents covenant, contract
agree. and bind themselves as well as all
such persons as may hereafter become
associated with them. to form themselves
into and constitute Il corporation and
body polite in law. for the objects and
purposes and under the stipulatiOns here
in set forth, which they adopt as their
Charter, tO-wit:
ARTICLE 1.-The name of this Cor
pOratiOn shall be New Orleans StevedOring
Company. Incorporated. which may be alb
brcviated to y. q. Stevedoring Co. Inc.
ARTICLE 1.-THE object and purposes
for which this Corporation Is formed and
the nature of the business 10 be carried
on by il are hereby declared to be: To
carry on Il general contracting and steve
dOring business. to haul, transport, load,
and unload, or store all classes of goods
and merchandise in rOnns'riOn with
same: and to own. operate and employ all
necessary machinery. implements and la
bOr requisite To the business, and TO do
all things connected Herewith. ana to en-
gage in any other business germanr or
incidental thereto, that il lawful or per
Missile under the laws of this State.
ARTICLE III.-The amount OF the capt.
tai stock of this corporation is hereby fin
ed at the sum of Twenty-Five Thousand
(S2JOOOO) Dollars. and which capital
stock may he increased to the sum OF
Fifty thousand tS5O.OOOO0D Dollars. said
capital stock divided into two hundred and
fifty shares of the par value Of one hun
dred (s1OOOOJ dollars each. and the stock
shall be paid when subscribed for or may
be issued in whole or in part at not less
than par. for the property and good viii
actually purchased or received by it. No
fractional shares shall ever be issued.
ARTICLE IV.-The location of the domi-
ellie of this corporation shall be in the
City of New Orleans. State of Louisiana,
and service of citation or of all legal
process shall he made upon the President
of this corporation. or in case of his abb
Sence or inability to act on the Vice
President, Secretary or Treasurer in the
order named, and said Corporation shall
have and enjoy succession by its corporate
name for IA period of Ninety-nine years
from the date of this Act.
ARTICLE V.-The business and affairs
of this Corporation shall be conducted by.
and all of the corporate powers vested
in, and exercised by a Board of Directors
composed of five stockholders to be elected
nv hn ar NJ hnl
on the second Monday of the month of
November of each year, beginning in the
year 1920, or any subsequent date an
nOunced by the Board of Directors, in
case no election shall take place on said
date, after fifteen days notice which shall
be given to each stakeholder by written
notice mailed to each stakeholder at his
last known Post Office address: and said
election shall be held at the office of the
Corporation under the supervision of two
commissioners. appointed by the Board
of Directors; at said election, each stock
holder shall he entitled to east his vote
as specified in Section III of Act 26I, of
the General Assembly of the State of
Louisiana. for the year 1914, or any
amendments thereto. the stockholders re
ceiving "A majority of the votes cast shall
be declared elected. The Board of Di-
rectOrS so elected shall Immediately there
after proceed to elect one of its members
to be President. one to be Vice-Tresident,
one to be Secretary, and one to be Treas
urer Of the Corporation, and they shall
serve until their successors are elected ana
qualified.
ARTICLE VI-The first Board of Di-
rectors shall be composed of the follow
ing five stockholders W. j. Kearney, 40
Jackson Ave, New Orleans. La; Jas
Kearney, Charities and Vaudeville SITS,
New Orleans. La; Charles Casterede. 1924
North Derbigny ST., New Orleans, La. :;
Miss o. Kuhnell 1900 Harmony ST.. New
Al \ MDnrRnHS
St, New Orleans, La. of whom W. j.
Kearney shall be President. James Kear-
ney, Vice President, Charles Casterede'
Treasurer, and Miss .. kuhnell, Secre-
tary, and they shall serve until the sec,
ond Monday of November, 1920, or until
their successors are elected and qualified.
Any vacancy in the officers or directors
shall be filled by the remaining directors.
ARTICLE Vu-StOckhOIders' meetings
or other meetings for the election OF d.
rectors may be held as prescribed by sec
ton 10 of Act 267 of the General Assembly
of the State of Louisiana for the year
1914. or any amendments thereto.
ARTICLE VIII.-This Corporation and
the officers and directors thereof shall
have all the rights and powers, and THIS
Corporation may be amended or dissolved,
its affairs liquidated as provided by the
provisions of Act 267 of the General As
sembly of the State of Louisiana for the
year 1914. or any amendments thereto.
ARTICLE IX.-No stakeholder shall ever
he held liable or responsible for the con
tracts or faults of this Corporation in any
further sum than the unpaid balance on
the stock for which he has subscribed. nor
shall any mere informality in the orga-
niZation have the effect of rendering this
Charter null or exposing a stakeholder to
any liability other than as herein pro-
vided.
The parties hereto have annexed here
with an accurate, detailed and itemlzed
description of the property to be transfer
red to the said Corporation. in payment
of the stock subscribed for. together with
the value thereof as appraised by the
Board of Directors herein named.
The subscribers hereto have respectively
written opposite their respective names
the amount of the stock in this Corpora
ton subscribed to by each of them so
that this Act of Incorporation shall serve
as the original subscription list of said
Corporation to be recorded ana published
according to law.
Thus done and passed. in my office,
at New Orleans, La. on the day and in the
month and year hereinabove written, in
the presence of Messrs. John p. Baldwin
and Rene J. Waguespack, competent wit
neSSes. who hereunto sign their names
with the said appearers, parties and me,
Notary, after due reading of the whole.
(Originad SignedD Names of subscrib-
Witnesses: J. P. Baldwin, Rene ].
GUS J. RICAU.
Notary Public.
I, the undersigned, Recorder of Mort
cages, in and for the Parish Of Orleans,
State of Louisiana do hereby certify that