The herald. [volume] (New Orleans, La.) 1905-1953, 1921-10-06
CHARTER OF BIsso FERRY Co. INC

| IF the month of August, Ill the year
| pur Lord. one thousand, nine hundred an
twenty one, and of the Independence of III
| United States of America the one hundre
| and forty sixth, before me, Arthur \ Mo
emo. notary public. duly commissions
Inder authority Of the State of LouiSian;
in and for the Parish of Orleans. therei
| residing. personally came and appeare
the parties whose names are hereunt
| subscribed who declared. that availin
| themselves of the provisions of the gen
! raj laws of this state relative 10 the or
! saniZatiOn of corporations, they have GO
| venanted and agreed, and do, by theS
'reSents. covenant and agree. bind, forT
| md constitute themselves, as well as sue
| person or persons as may hereafter jOi
| IT become associated with them into
| corporation and body polite in law. TO
| the object and purposes and under tn
| agreements and stipulations following. TO
| Wit:
! ARTICLE 1.-The name and style of tn
! corporation shall be the BiSSo Ferry Com
! amy. Incorporated. and by that corporate
| name said company shall have power an,
| authority 10 enjoy and have succession
| Tor the period of ninety nine years; L
| 'ontract, sue and be sued in IL ScOrpOrat,
| 'ame: TO make and use a corporate seal
| to hold. receive, purchase. convey. mort
gage, hypOthecate or pledge property
! 10th real and personal; to have and EN-
| pIoy such managers directors officers
lnd ConvenienCeS OF this company ma,
| from time TO time require. and to max,
and establish such bylaws. rules anC
regulations for the proper management and
control OF the affairs of the company as
may be necessary and the same TO alter
amend and repeal at pleasure
ARTICLE 1.-THE domicile Of this cor.
poration shall be in the City OF New Or
leans. and all citations and other legal
process shall be served upon the president
ana IN ms absence upon the vi"e-presi-
dent of this company
ARTICLE II-The object and purpose
for which this corporation Is created and
established, and the nature of the business
10 be carried on by it are declared to be :
TO purchase, hold, maintain and operate
ferries on the Mississippi River, and other
inland waters and on the sea coast, and
TO do all acts and things necessary and
useful in the premises; TO acquire ferry
franchises, to lease, hire. charter, con-
strnC' ana purchase, and to man, equip,
MAINTAIN and operate for sea coast, aud
inland navigation, ferry boats. steamships
sail vessels. steamboats,, towboats barces
ana other water craft of whatever descrip-
tion for the transportation of freight and
passengers for hire. and in the performance
of towbOat business and rendition of
salvage services on water and to do, per-
form and carry on the operation of water
craft upon and between places on rivers
lakes, bays and other waters, and uDon
the high seas and to ports and places in
foreign countries; to construct, charter
and maintain and operate dredges. scows
floating elevators and pile drivers; to ac-
quire by purchase, lease or otherwise
warehouses, landing places and wharfs as
the business OF this company may require:
TO Improve navigation on rivers, bayous
ana other waters, to construct wharves
landing places and facilities for ferries
and other vessels; to construct. maintain
and operate dry docks and floating docks
suitable Tor building and repairing yes
sells; and to build, rebuild and repair yes
sells of every description. ANY one or
more OF the pursuits or objects above men,
toned may be carried on without regard
10 the other objects set forth. This cor.
poration is created. too, to take over and
acquire all the rights, titles and interests
OF Messrs. Joseph A. Bisso w. A. Bisso
Alexander L. BissO and Joseph W. Tyler.
IN and TO the ferry franchises by them ac-
CURED IN their own name or in the name
OF any one or more of them. from the City
son, in the State of louisiana; and still
further 10 acquire all the rights, titles and
interests of the said Joesph A. Bisso, W.
\. Blsso, Alex l.. Bisso, and J. W. Ty-
Ter. as well, also, as all the rights titles
and interests of the Bisso Ferry Company.
composed of the said Joseph A William
\, and Alex. l.. Bisso, and j. w. Tyler
TO ALI or the property and business of said
interests Of the said Joseph A., William A..
ana Alex. l.. BiSso and J. W. Tyler in the
Terry boats, pontoons and other property
bought for and Tor used in the ferry bust
ness by them, belonging to them jointly
and/or severally. Particularly with re.
spect to the Jackson Avenue Ferry and the
alnnt Street Ferry, and as a full con
slderation of said property, franchises
rights' titles and interests, this corporation
snail issue to said persons its full one
thousand five hundred shares of its capt.
tal stock. fully paid and worcestershire.
ARTICLE IV-The capital stock of this
corporation is fixed at the sum of one
iundred and fifty thousand (S15O,OOOO0l
hundred Q.5OO) shares of the par value Of
one hundred dollars (slOOOO) each. The
said stock shall be issued as full paid
STOCK for the purchase of the property
Ihereihabove described, as more fully shown
ny the itemized statement annexed here
ARTICLE V--All the corporate powers
Of said corporation shall be vested in and
rAerclsed by board of directors, com
nose, ,OSTl, or four stockholders, to be elected
annually on the first Monday of May The
IrSt election to be held in the year 1929.
zach share of stock shall be entitled TO
pne vote, to be cast by the owners i'm per
>Sm, or oy written proxy. The directors
office until their successors shall have been
ilected and qualified. Vacancies occurring
IN said board, from any cause whatever
man be filled by the remaining directors
, =" ID, an meetings Of the board Of directors
majority of the directors shall be npces.
sdry and sufficient TO constitute a Quorum
ct the transaction OF business. The ac'
oL nor less than three directors pres
eht at any meeting at which there Is
,tq Quorum shall be the act or the board of
rae;f; except as may be otherwise |
>peclhcalIy provided by statute or by This
n si The board OF directors, by the |
imlTmative vote OF all of the directors
,;n make all bylaws. rules and regula-
,nT ror the government of the business |
ore " mar OF the company, and by like |
,'II at pleasure. They shall also hayr
~ power TO buy, SELL mortgage and
'S any ana all property, real and per
, ,, whenever, in their Judgment. they
I ra ueein such acts necessary and proper:
IRE, employ and discharge Ali officers
gents. employees and clerks ana - e.
III salaries and compensation, and pener.
lily TO do all things necessary In Tho
transaction of the business and affairs of
he company. VI
ull authority to carry out the movers
'ranted herein, without recourse to any
ote or grant Of power by the stock
oiders and shall have like full power
M authority to buy and to sell and 70
eceive In pledge and to hypothecate the
nares or the capital stock of any other
orporation created for like purpose with |
his corporation; to issue bonds upon sucb
onnitlons, interest and time Of maturity
they may deem proper, and to pledge
mortgage any property Of the corpora.
on 10 secure the payment Of such bonds.
ARTICLE VI-This corporation shall
'mmence its operations and be a going
'ncern as soon as 1t acquires the proper
hereinabove specially referred to. and
le following named persons shall con.
ltute the first board of directors OF said
mpany. and shall serve as sucb unti, The |