The herald., 1920-10-21
CINRTIE 81 crow CONI MD row
$50 tOMrNNN. INC.

iN'' ''hi w. ~
United States OF .lw,ri.a. STATE. Of Lou.
I-Itua Parish uf ORLEANS. Gin or New
Orleans To- 30 known. That uu the -ud
/ dan of th, month Of October. 1870 and
/ of Ia" Iud,p,ud'ur" Of %" United states
of Arrrri,l TN. one. hundred and forty
uuhlir. duly commissioned and qualified
/ 100 and for On" CITY OF New Orleans. Parish
/ ut Orleans. State ~ Louisiana. therein r..
J siding. and Iu the pr,~..ll, ut the VII
/ ur~~r~ hereinafter named and undersigned.
/ personally came and appeared Oh" per.
SOILS Whose, names Jr' h'r,Uuto subscribed
! together with Oh" amounts of their r..
! ~I,r1lEt subscriptions To Tho capital ~lu' Is
| uf III. corporation herein TO b." formed.
/ who. s"ycraIIy declare that. awaiting them.
| selves Of the provisions of the laws 81 IN"
/ state uf Louisiana relative 20 the "r-Hui-
! lutIou of corporations. they HAY" covenant.
| ed. and agree. AMI do 10y thrs" presents
| covenant aud agree aud bind and uhll.
/ gate themselves. a. well rs such other per.
I SONS as may hereafter h"roU" associated
/ with them or their successors {" form and
constitute Themselves into Il corporation
and body polite. and for ia" objects and
PURPOSES and pa a',OrdHnr" with Ia" fol.
| lowing provisions. to-Wit.
| ARTICLE l.. The name aud title of this
Corporation shall hr Crown Coal ana Tow
| Ing Company. Inc. and Icy that nam" u
/ shall exist and enjoy succession for
period OF ninety min" tEu years from dat"
/ hereof. unless ~UuUrr dissolved. with all
D
conferred 10y Law. 10 contract. To sue and
/ hr sued To make and ~" Il corporal" seal :.
/ To purchase and receive. lease. hold. sell
and convey. as we'll a. mortgage and Hy.
/ pothrygtr real property, personal and
MIXED property to- nam" and appoint such
| officers and agents as thu Interests of said
corporation may rcuulr" and To dl~rharG"
! same nf pleasure. To make and establish
such bylaws and regulations for thu prop
/ cr management and regulation of it, AT
| fairs a. may b" deemed necessary aud TO
| chang" and alter the sam" at pleasure.
ARTICLE II. The domirilr of said cor
! porItiun shall b" In the city of New or
leans. State of Louisiana. and all citations
| and other legal process shall bee served
upon the President OF said corporation and
| in case of his absence. upon TIA" Nir"-rrr~i-
dent and in case of IA" absence of both Of
/ these officers, upon the Secretary or Treas.
| urrr thereof.
! ARTICLE III The objects and purposes
| for which this corporation il organized
and the nHtur" of IN" business 10 hr car
] rird on by IL are declared To Ice:
To conduct a general business in coal to
| purchase. own. sell. deal in and handle
| coal of every kind. nature and description,
/ both Wholesale and retail to buy. sell.
! own. lease. all buildings necessary for tn"
storage of coal. sell, own or lease all ny
| lures. appliances and aPpurt"nanc"s used
/ in tn" handling of coal. I" buy. own. con
duet. sell. lease and dispose OF businesses
dealing in coal.
! To conduct general brokerage bust
| ness in coal. tn act rs agents or represent
ativeS of owners or other persons. firms
! or corporations having any interest in
| coal cOaling vessels, ear loads Of coal
| ctcctCra. and to establish agencies and
! sub agencies in Louisiana and throughout
| the United States and in foreign countries.
To acquire own. work. lease. mortgage.
| sell and dispose Of any mines Of coal. coal
mining rights and any interests therein.
To conduct a general tOwage business {:
| to purchase. own. sell, lease and Operat"
! boats. hargeS. ships vessels and tugs of
| every description and to contract for the
| tOwagc Of goods and materials of every
| description to all or any part of the state
| of Louisiana. the United States Of America
| and foreign countries; and to use and Op-
| crate said vessels in trade, commerce or
navigation upon the oceans. seas. CULTS.
| harbors. lakes. rivers. canals and other
| waterways and furnish facilities for tow
| age lightcrage, transportation upon such
waters and TO furnish facilities for stOr-
age of goods, merchandise and of all
| freight.
To conduct a general repair business and
to own and operate repair shops, together
with all the appliances and equipment for
the purpose of repairing boats. skiffs.
bargeS. vessels, tugs of every nature and
description.
To conduct n general salvage business
10 prepare keep, maintain and employ
salvage corps for the purpose of saving.
| rcScuing. protecting and preserving marine
|
of being destroyed or threatened with de
StructiOn or loss or damage or injury by
fire, water, storm, collision or any other
cause which would or might destroy prop
erty and to equip such salvage corps with
suitable appliances. vehicles. boats vessels
| of every description. together with imple-
mcntS, tools, furnishings and all necdtul
and necessary articles of every Kind and
description necessary and proper 10 save
protect and preserve any and all prop
erty from destruction. whether at sea. on
lake or river. or on any other water way
or at any dock or at any harbOr.
To conduct general dredging business
and to own. buy, sell. and lease and 0p-
crate dredgeS Of every description and "a
enter into contracts for dredging purposes
To conduct Il general logging business
10 obtain possession of land by leaS" and
To contract with the owners for the right "a
cut from said land and 20 carry th"refrom
said timber and to own and sell wood and
timber of every Kind and description and
to establish and operate plants for the
promotion of said cutting, transportation
ownership and sale of said logs and tim
berS to build and operate logging r0ad'
and logging rail roads and To purchase
own. sell, lease. and dispose of all logging
roads and logging railroad equipment.
To deal in, buy, sell, lease, as lessee ol
as lessor, improve, mortgage or exchange
| or dispose of for its own account rea
estate lands and tencments. timber land'
and timber rights, and 10 contract for thu
construction and erection of all buildings
, ! warehouses, OF every description ana gen
orally to do and engage in any other lin'
Of business, undertaking or enterprise con
, nccted with or growing out Of or which
is incidental to, or germane to, any or tn
objects or purposes herein set forth o.
! cOntpm plated in this charter.
: | ARTICLE IN.-The capital stock of thi
corporation shall be one hundred and Mt!
! thousand dollars (SfJOODOO), divided int,
: fifteen hundred q 500 shares Of one hun
Q dred dollars (SiGOOO) each which SAT-
I shares of stock shall be paid for in casl
or in property and good will transferred
r to said corporation or in work done for o
{ services rendered to said corporation, "A
may be decided and determined by IN
Board of Directors and upon the terms {
be fixed by said Board of Directors.
e. ARTICLE V.-All transfers of stock shall
; be made Oh the books of the corporation
( and no transfer of stock shall be in an
:. way binding upon the corporation unles
. and until il is made in the above de
SCrihed manner: no stakeholder Of thi
2 corporation shall at any time offer hi
| stock for sale, either privately or at tn
10 open market, without having previouSl
a offered to sell said stock at its book valu
to the stockholders then Of record in sal
corporation, which option to purchase sha
: be made in writing and must be eXeI
. ciSed within ten QOJ days from the receiI
% of said option by said stakeholder. Fac
! share of stock shall cntitle the Owns
] thereof, either in person or by proxy.
- cast one vote at all meetings Of stOcl
q holders. The capital stock Of this cot
r pOratiOH may be increased TO five hundre
\ thousand dollars $500 900 OOD.
: ARTICLE NI.-All the corporate power
e Of said corporation shall be vested in an
exercised by Board Of Directors, con