The herald., 1921-04-21

United States of America. State of Louis
lana, Parish of Orleans, City of New Or
leans. Be il known. That on this the 10Th
day of the month of March, in the year
one thousand. nine hundred and twenty
one, and of the Independence of the United
States of America, the one hundred and
forthwith. before me. Charles K. Fletch-
niger, a Notary Public, duly commissioned
and qualified in and for the Parish of Or
leans. State of Louisiana, therein resid-
ing, and in the presence of the witnesses
hereinafter named and Undersigned, per
sOnally came and appeared the several In
dividuals whose names are hereuntO sub
scribed, who declared that, availing them
selves of the laws of this state in such
cases made and provided and particularly
Act 267 of the General Assembly of the
State of Louisiana, for the year 1911, they
nave covenanted and do, by these pres
entS, covenant. agree and bind themselves,
as well as such other persons rs may
hereafter become associated with tLGE, to
form and constitute n corporation AMI
body polite in law for the objects and
purposes and under the terms and con-
ditions following, tO-wit:
ARTICLE 1.-The name and style Of this
corporation shall be Pocohontas Company,
Inc. and by said corporate name it shall
have succession and enjoy existence for
a period of ninety-nine years, unless soon
er dissolved in the manner provided by
law for the Articles of this charter, and
under said corporate name. ii shall have
power and authority to contract, sue and
be sued to make and use a corporate seal,
the same to alter or break at pleasure;
to make all necessary rules and regula-
tons for it's corporate management and
control, and shall have and enjey all the
rights. privileges and immunities which
are now conferred upon or may here
after be granted to corporations of the
same kind and character.
AR TICLE 1.-THE dOmicile of this cor
p~OratiOn shall be, and is hereby fixed, at
the City of New Orleans, State of Louis
- - II nd ANkn 1nF0
process shall be served upon the president,
or, in his absence or because of inability
to act. upon any other officer or the cor
pOration.
ARTICLE ul.-The objects and pur-
poses of this corporation are to bay and
own or lease or rent pleasure boats, of
any kind or description, and to use the
same for their own enjoyment and Tor
social purposes; and to lease or buy lands
upon any water front upon which to erect
wharyes or buildings or to rent, lease, or
buy wharves and buildings already built
or harbor rights as may be necessary or
serve for the use. convenience or enjoy
ment Of the incOrporators.
ARTICLE Iv.-The capital stock of this
corporation shall be five thousand 49,,
000.00) dollars, divided into one hundred
shares (1O0) of the par value of fifty $500
dollars each, which shall be common stock.
and the amount to which the capital stock
may be increased is hereby fixed at seven
thousand. five hundred (S7 10000 dollars,
said stock shall be issued only for cash
or in payment of property or services
corporation; said stock shall be fully paid
at the time of it's issuance and thereafter
be worcestershire. The corporation shall
commence business and become a going
concern as soon as fifty 900 per cent of
it's capital stock shall have been SUBJ
scribed and fifty 500 per cent of the stock
subscribed shall have been paid in.
The parties to this act hereby declare
that they have subscribed for the number
of shares of the capital stock of said cor
poration set opposite their respective sig
natures hereto, so that this act of in
corporation shall serve as the original
subscription.
Eustis, one Of . the subscribers to
the fifty shares of the capital stock of this
corporation in payment of said subscrip-
ton has conveyed, transferred, set over
and delivered to the corporation, by prop
er bihAof sale, the gasoline launch In
dian Girl" and the directors of this cor
poration herein named do hereby appraise
said launch at a valuation Of twenty five
hundred (s25OO) dollars.
The stock Of the corporation shall be
transferable only when all dues owing
to the corporation by the owner Of such
! dues shall be a first lien and privilege
against said stock for the payment there
of. No stock shall be sold or transferred
on the books Of the corporation unless
of Directors for account Of the share
holders, in writing, and ten (1O) days
allowed said board to accept or refuse
said offer. and in the event of refusal to
purchase said stock, then the owner may
sell same on the open market to the best
advantage.
ARTICLE v.-All the powers of this
corporation shall be vested In and ex-
ercised by a Board of not les than three
nor more than five directors. who shall be
stockholders, to be elected at each an
lnual meeting Of the corporation; said
board shall be elected by the shareholders
voting in person or by written proxy, each
shareholder being entitled to one vote for
each share Of stock standing in his name
on the books Of the corporation.
The FIRST annual meeting for the cleo