The herald., 1920-03-04
CHNRTER Oh THE MARINE IRON
WORKS, INCORPORATED.

CHhRTER OI u MARINE IRpN
WORKS. I>COErORNTED.
United States Of America. State of Lon.
i-iauH. Parish OF orleans ly it known
That on this second day of the month d.
February. in the Year Of cur Lord. ON.
thousand nine hundred and twenty tl"2"p
and of the Independence of 90" mite.
States Of America. the one hundred and
'forty-tourtH Giijhl. hclor" m". Henry
Leon Sarpy. a Notary Public. duly cow.
mi>>iou"d and qualified for the Parish
OF Orleans. Louisiana. and in thu presence
of the witnesses hereinafter named and
undersigned. personally cam" and ap-
prarrd thu several persons who's names
are h-rruntu subscribed. who declare that.
7 ~ayailiug thrwSriyc, OF IA" provisions of
the laws of the State of Louisiana relative
to the formation of corporations, aud
particularly Act 90 Of 1914, they have
coy,nautrd and agreed for themselves aud
such other persons as may hereafter Ice
cone u~>ogiat"d with them TO form and
/ ur.ani," themselves into q corporation
and body polite in law for th" objects
and purposes and under th" agreements
and ~tipuldtiUus hereinafter set forth 10
Wit:
ARTICLE The name aud title OF tins
corporation i hereby declared To lee The"
Marine Iron Works Incorporated ana hN
that name it shall have and enjoy sue
cc~>iuu for "a period Of ninety mn" '''l
I wears from TINS bdifr anu IT III" hN''
and possess enjoyment of all the rights,
privileges and advantages accorded to cor
poratiGu~ by the laws OF the state OF
Louisiana.
ARTICLE 1.-THE domicilc Of This cor
poration shall b" The city of New Orleans
Stat" of Louisiana. All citations or o'n"r
legal process shall b." served upon IN"
Pr, ~idrut. and. i'm his absence. upon any
on, OF the other officers of III" corpora
tion.
ARTICLE HI-The objects and pur-
poses for which this corporation Is or
gauizrd and the nature of the business
10 be carried on by it are declared to be
to do a general marin" and stationary
machinery repair work. 10 manufacture
hydraulic pumps aud feathers: % 'ohdu't
ana operate a general machine ana manu-,
featuring works for the manufacture ana
ropair of machinery of all kinds. engines.
boilers. castings. patterns. nGrrWiIuT'I
appliances. vehicles and appliances OF
every kind and description, and any ana
all articles made from iron 10 nlihuia'-
,urc make. construct and erect all kinds
Of mechanical devices. appliances, lhN"h
lions or other works and machinery, ana
10 buy. sell. make and repair tools ana IN
and supplies of every dtScrlp-
tion and kind that are or can he madr
ont of or from brass. copper. iron ana
other metals. or of wood to carry on q
turning plant: and to rent, sell ana other
wise dispose of machinery and all appara-
ms and 1rlltlf~ lhtl ma Nv iAH'' 49,
died, manufactured or repaired in the
!, aforesaid plant or machine shops oil Sald
corporation.
ARTICLE IV.-The capital stock of this
CORPORATION shall be fifteen thousand 30.
lars (Slj.OO0.OO). divided into ana repre-
scented by one hundred fifty Cl5Ol shares
of the mar value of one hundred dollars
(SlOOO0l each. all Of which shall be com
mon stock. fully paid and Worcestershire
This CORPORATION shall become a COINS
concern when one-half of the capital stocF
shall have been subscribed. Thu capita
- stock NAV he increased up to twenty -hV'
= thousand dollars (S25.000OO) by a vote o.
a majority of the Board 'of Directors al
any time. without a meeting OF the STOCK
holders. or amendment of the Charter
e ANY increase of the capital stock in eN'
cess of twenty-five thousand dollars CS2l.
: 600 OO) shall be made by q two-thirdS co
vote of the stockholders and an amend
newt of the charter as required by law.
a No stakeholder shall sell or otherwise
: dispose of his stock in this company with
out first offering il to the other stock
o holders. through the Board of Directors
e in writing. and the stockholders shail nav
= five % days from the receipt by them o
[ "a written notice from the Board or III
d ractors within which to either accept o.
= reject the offer.
ARTICLE y.-An the corporate power
of this corporation shall he vested IN ah'
IS be exercised by a Board of Director
which shall fOnSlSt OF luTff " hOiN'
y two of whom shall constitute n quorum
IN do business. Each member of SAT-
BOARD shall own ut least one I'd share o
~uncncumbered stock in his own name OF
y the books of the company. The director
shall he elected annually by ballot at
Injecting Of the stockholders TO be held j
/ compliance with Section 10 of Act 26I o
!, 1914. The first Board of Directors I
: serve until the first Monday in February
1921 or until their successors shall hay
u TO-, luIv a1aatpd and shall have OuaIl1e0
shall consist of: John Walker. 9li Mort
Solomon street. New Orleans. La. Amer
J. Krail. 1920 Howard street. New orleans
" La. and William Rigney, 1866 Annuncla
le ton street. New Orleans, La, of whoT
le John Walker shall be President. Alber
J. Krail shall be Vice President, and Wi
r liam Rigney shall be Secretary Treasure
E. All vacancies occurring in the Board @
Directors shall be filed by the remainln
IN Directors for the uneXpired term. Tn
l. Board of Directors shall have power an
ne authority on behalf of the corporation I
purchase. lease and otherwise acquire an
property: TO sell, mortgage. pledge O
is hynothecatp the same: to make loans. hoI
Of row money. issue notes and other Obliga
to lions; in fine. shall have all such powe
lie and authority invested by Act 267 {
$ 1911.
n ARTICLE VI-The appearers have sui
scribed to the number of shares set opp'
"a site their respective names. and their sis
m natures hereto shall constitute the origin;
~ subscription list to the capital stock {
70 this corporation.
y. Thus done and passed, at my office,
n the City of New Orleans. the day, mont
m and wear hereinabOve first written, in u
$. presence of MeSsieurs Henry w. RObinso
n and L. W. Rawlings, competent witnesse
C. residing in this city, who have hereunt
signed their names with appearers an
ly me. Notary, after due reading OF Il
lu whole.
IL Original signed: John Walker. q
North Solomon street, 100 shares; Abe
rs ]. Krail, 1870 Howard street, 10 shares
10 William Rigney, 1856 Annunciation stree
=" 10 shares.
= witnesses: II. W. Robinson, L. '
d. Rawlings.
IL UFNRY L. SARPY. Not. Pub.
the undersigned Recorder of Nor
70 cages for the Parish Of Orleans. state
id Louisiana, do hereby certify that the for
We going Act of Incorporation Of THE VI
ge rine Iron Works, Incorporated was I'll
nd day duly recorded in my office in 30
rst 1898. Folio -.
~ New Orleans. La, February 18th, ~.
10 CSigned) EMILE J. LEONARD. by. X
II /. the undersigned Notary, do here
certify the above to be a true and CORE
nd copy of the original Of record In my OH
an In faith whereof ] have hereuntO set ]
to hand and have affixed the impress OF ]
Id official seal. at New Orleans, La, this ?,
the day of February, A. ID. 1920.
I've (Seal.)
nv HENRY L. SARPY, Not. Pub