The herald., 1920-03-25
CHARTER OF SOUTHERN sTEyEDoR'
ING COMPANY, INC.

State of Louisiana, Parish of Orleans,
City of New Orleans. lie II known, that
on this twenty fifth day of February, IN
the year One Thousand, nine hundred ana
twenty. before me, William Waller 1Oung'
a Notary Public, in and Tor the farlsh
of Orleans, State OF Louisiana. duly cum
missioned and qualified, and in the pres
ence of the witnesses hereinafter named
and Undersigned personally came and ap-
peared, the several persons whose names
are hereunto subscribed, all above the
full age of majority, who severally de-
cIared that, availing themselves of the
laws of the State Of Louisiana, ana es-
pecially the laws relative to the organlza-
ton of corporations, they nave coNenant
ed and agreed to bind, form and consti-
tute themselves. as well as all such other
persons as may hereafter join or become
associated with them, into corporation
and body polite In law, for the ooIeT
and purposes and under the articles
agreements and stipulations following To-
wit:
ARTICLE 1.-The name, style and title
of this corporation shall be Southern
Stevedoring Company, Inc, ana, uhutT
that name, ii shall have and enjoy all
the rights, advantages and privileges
granted by law TO corporations, and shalI
exist for the full term and period OF
Ninety-nine years from inns ua!: ~
shall have power to contract, sue ana De
sued to make and use q corporate seal
and the same to alter and break at pea
sure: to hold, receive, lease, purchase
sell and convey, as wei as WOTlEdEt, ny
pothecate and pledge property, real. per-
sonal and mixed, corporal ana 1ncor-
poreal; to name and appoint such man
ayers, directors, officers, agents ana other
EMPLOYEES as its interest and convenience
NAV require, and to make and establish,
as well as alter and amend, from time 10
time, such bylaws, rules and regulations
as may be necessary and expedient for the
proper management and government OF
the affairs of said corporation.
ARTICLE 1.-THE domicile of this cor
poration is hereby fixed in the city OF
New Orleans, State of Louisiana, ana All
citations or other legal process shall De
served upon the President OF said cor
poration. or In his absence. upon Its Sec
retary-Treasurer.
ARTICLE nu.-The objects and pur-
poses of this corporation, and the nature
Of the business to be carried on by IL
are hereby declared TO he to carry on bust
ness as stevedores in the City of New Or
leans and elsewhere; to buy and sell all
kinds OF appliances necessary, useful or
convenient to the proper operation of said
all things complimentary or incidental TO
the stevedoring business, including ship
lining and the fitting OF ships for the
transportation OF cattle and other ami
mails, and grain of all kinds.
ARTICLE Iv.-The capital stock OF
this corporation Is hereby fixed at the
sum OF Ten Thousand S10,OO0OO) Dol
lars, TO be divided into and represented
nN one nunuFpu NluVl SuhEtS III Aht SUI"
OF One Hundred Cs1O0.OO) Dollars each;
said stock shall be paid for when. and in
such installments as directed by the Board
of Directors. The capital stock OF this
corporation may be increased to the sum
of One Hundred Thousand $500, Oo0.O0)
Dollars.
ARTICLE VAN the corporate powers
~ said corporation shall he exercised by
Board of Directors consisting of three
bckholders, n majority Of whom shall
onstitute a quorum for the transaction
= of business.
The first BOARD OF Directors OF this
Corporation shall be elected at the first
stockholders meeting and annually there
after as herein set forth. and shall hold
lively chosen and qualified.
The Board of Directors shall. at its
first meeting. elect from among fits mem
bers, n President. a Vice-Presiden and
a Secretary-Treasurer, who shall hold Of
flee during the term OF the Board making
such election. end I'M case of vacancy in
any OF the said positions, the same shall
he filled by election by the Board Of Di-
~rectors.
The annual meeting Of stockholders for
the election OF directors shall be held on
the first Tuesday in January OF each year,
unless said day be n legal holiday. and
then on the next bank day thereafter.
Auy vacancy occurring among the direc-
tors by death, resignation or otherwise
shall be filled by election for the unex-
pired term by the remaining directors.
Each subscriber hereto sets after his
name his post-office address and a state