The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-18
CHARTER.
CHARTER OF THE EDITH COMPANY,
INC.

United states Of America, state Of Lou
iSiuna Parish % Orlraus.-Be il known.
That on this 2Sth day of the month OF
October. in the year of our Lord, one
thousand. nine hundred and twenty, hrtGr'
me Pierre u. olivier, Notary fubl';
duly commissioned ard QualIned IN anu
for the Parish and State aforesaid, and
in the presence of the witnesses herein
after named and undersigned, persohall
came and appeared the several person.
whose names are hereuntO subscribed
who declared to me. Notary. in the pres
pncr of the undersigned witnesses. that
awaiting themselves of the provisions OF
the law of the state or Louisiana, lheE
have mutually agreed and contracted. ana
nv these presents do agree and contract
and bind and Obligate themselves. thelI
heirs and assigns. and all persons WI.
may hereafter become associated WIN
them herein, to form corporation under
the name and for the objects ana pur'
poses and under the terms. Stipulations
and prOvitionS contained in the following
articles. to-wit:
ton shall he The Edith Company, Inc.
ARTICLE 1.-THE purposes for when
the corporation is formed are hereby de-
Clared to be as follows:
Ust) To engage in and carry on
steamship business; to own, control and
acquire by lease, charter, purchase, con
struction or otherwise. steamships, san
ing vessels. tugs, barges. lighters YES
terests therein and to operate same fol
the transportation of goods and paSsen'
gers: also to purchase build. construct
repair. lease. sell. convey ana operate
vessels of all kinds and all machinery, ap-
planes and appurtenances incidentally
necessary or convenient thereto, or in any
way connected Herewith; with also pow
er to do a towing business and also tC
purchase own. lease, construct, contro
and operate docks. warehouses, wharVes
dry docks. and dock machinery appliances
and appurtenances of all kinds, ana win
power also to do general shlpOullding
steyedOring, dOckage, warehouse, shiI
agency, ship brokerage and commission
business, with power for any and all OF
the above purposes to borrow money, and
to issue from time to time, to any eN
tent, necessary and convenient in the Opin
ion of the Board of Directors of this
corporation, negotiable notes, coupons
registered or other bonds or obligations
of this corporation, and to secure the pay
ment of the principal and interest on the
same by mortgage or pledge of all or any
part Of the property, rights. franchises
and privileges of the corporation theT
owned or which may be thereafter aC
full power TO do all things proper, neces
sary. convenient or incidental to the pow
ers and purposes above expressed.
l2nd) To acquire by purchase, sub
scription or otherwise, and to hold, sell
assign, transfer. exchange, mortgage
pledge or otherwise dispose of any shares
of the capital stock, bond, or other evi
dences of Indebtedness of any other cor
poratiOn or corporations, association o
associations, domestic or foreign. engage,
in any business in which this corporation
may be authorized to engage, or the own
ership of whose securities would be ad
vantageOus or convenient in the prOtec
ton or promotion of any of the purpose
or interests of this corporation, but onl!
to the extent authorized by the laws o
the State of Louisiana.
(3rd) To carry out all or any part o
the foregoing objects, as principal, factor
agent, contractor or otherwise. eithe
alone or in conjunction with any person
firm, association or corporation. and in an,
part of the world: and in carrying OF
its business and for the purposes of at
tanning or furthering any of its objects
to make and perform such contracts o
any kind and description; to do such act
and things, and to exercise any and nj
powers as a natural person would law
fully make, perform, do or exercise, pro
Vided the same be not inconsistent witt
the laws under which this corporation 1
organized.
ARTICLE III.-The capital stock of thi
corporation is hereby fixed at the sum o
one hundred thousand dollars (SlO0,0O0 OOD
to he represented by one thousand $1,000
shares of the par value of one hundre,
dollars (S1O000) each All of the stool
shall be common stock. Stock shall b,
issued only for cash, and shall be pai,
for ut such times and in such installmenti
as tn" Board of Directors may direct.
ARTICLE IV.-The capital stock O
TINS corporation may be increased in nc
cordance with law. to the sum of fiy,
million dollars 5,00O,OOO.OOl.
ARTICLE V.-The location OF tho domI
I Gle of this corporation shall be the Cit,
Nkof New Orleans, State of Louisiana
ARTICLE NI-The period of duration
or this corporation shall be ninety min
(99) years.
ARTICLE vII.-All the corporate pow
ers of the corporation shall be vested in 4
Board Of Directors to consist of five q
persons to be elected annually on tn
fourth Tuesday Of October of each year
the Directors so elected to serve unit
their successors shall be elected and uual
ihed. Three or more members of tn
Board of Directors shall constitute QUO
rum for the transaction Of business Tn
names and postotfce addresses of tho hi
rectors for the first year, who shall sery
until their successors are elected an
qualified, are as follows: w. II. Cowley
4JO6 Canal street, New Orleans, La; "
La; II. F. Adey, 6l9 Whitney Contra
Bldg. New Orleans, La; A. J. Higgins
1925 s. Carrollton Ave, New Orleans, La
u. f. Lafaye, 1907 Gentilly Boulevard
ii. Cowley will be President General Man
ager; W: II. Ward. Vice President. an
Ii. +. Adey, Secretary Treasurer.
ARTICLE VIII.-The names and post
office addresses of the subscribers {
these Articles Of incorporation, aud
statement of the number OF shares G
stock to which each has subscribed. ar
as follows: W. III. Cswley. 1905 Cana
street. New Orleans. La, 100 shares: "
ii. Ward. 200 Verret street. New Orlean,
La, 100 shares: Ii. +. Adey. 6lo Whitney
Central Building. New Orleans, La,
share; A. J. Higgins, 1926 $. Carrollto
avenue. New Orleans La, 100 shares
L. Lafaye, 3707 Gentilly Boulevard. Ne,
Orleans, La. 10 shares; W. NJ. Cady, Nc
Nary, La, 50 shares; F. \. Jarvis. 81
Whitney Central building, New Orleans
La, 600 shares. Total, 1000 shares.
Thus done and passed at the City o
New Orleans, State of Louisiana. on tn
day and date hereniabove written. AM
in the presence of Messrs Philip S
Gidiere and Charles Z. Dunbar. Jr.. com
petent witnesses, who have signed thes
presents with the said appearers and me
Notary, after due reading of the whole.
Original signed: A J. Higgins. 1O'
shares; W. II. Ward, 100 shares; II. 4
Adey, share; W. II. Cowley, 100 shares
4. A. Jarvis, p. Pro. W. II. Cowley, 60t