The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-15
CHARTER OF BIsso FERRY CO.. INC.

CHARTER OF BISSO FERRY CO. INC
United States Of America. State of Louis
lana. Parish of Orleans, CITY of New or
leans. be ii known, that on this 18th dan
of the month of August. in the year OF
our Lord. one thousand. nine hundred and
tWenty-One. and of the Independence Of the
United States OF America the one hundred
and forty-SiXth, before me, Arthur \. Mo
reno, a notary public. duly commissioned
under authority Of the State Of Louisiana
in and for the Parish of Orleans. therein
residing. personally came and appeared
the parties whose names are hereunt,
subscribed who declared. that awaiting
themselves of the provisions Of the gen,
eral laws of this State relative to the or
ganization of corporations. they have co.
yenanted and agreed, and do by theS,
presents. covenant and agree, bind. form
and constitute them selves. as well as such
person or persons as may hereafter iOir
or become associated with them into 9
corporation and body polite in law, for
the object and purposes and under tht
agreements and stipulations following, to-
wit:
ARTICLE 1.-The name and STYLE of the
corporation shall be the BisSO Ferry Com
pany, Incorporated, and by that cooperate
name said company shall have power and
authority to enjoy and have succession
for the period of ninety nine years: Ia
contract. sue and be sued in its corporate
name; 10 make and use a corporate seal
10 hold. receive, purchase, convey. mort.
gage hypothecate or pledge property
both real and personal; to have and en-
ploy such managers. directors, officers
agents and other employees as the interest
and conveniences of this company may
from time TO time require, and to make
and establish such bylaws, rules and
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.
poratiOn shall be in the City OF New Or
leans, and all citations and other legal
process shall be served upon the president
and in his absence, upon the yj"e-presi-
dent of this company.
ARTICLE III-The object and purpose
for which this corporation is created and
established. and the nature of the business
TO be carried on by it are declared to be !:
10 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; 10 acquire ferry
franchises, to lease, hire, charter, con-
struct and purchase, and to man, equip
maintain and operate fON sea coast and
inland navigation, ferry boats. steamships
SAIL vessels, steamboats,, tOwboats. barges
ana other water craft of whatever deScrip-
tlOn, for the transportation of freight and
passengers for hire, and in the performance
or a tOwbOat business and rendition of
savage services on water and to do per-
form and carry on the operation of water
craft upon and between places on rivers
lakeS' pays and other waters, and upon
the high seas and to ports and places in
foreign countries; to construct charter
ana maintain and operate dredgeS, scowS
floating elevators and pile drivers; TO ac-
quire by purchase lease or otherwise
landing places and wharfs as
| ne business of this company may require;
10 improve navigation on rivers, bayous
and other waters, to construct wharves
places
ana other vessels; to construct maintain
ana operate dry docks and floating docks.
suitable for building and repairing yes
se,s' ana to build, rebuild and repair YES
SeIs OF every description. Any one or
more OF the pursuits or objects above men
TONED may be carried on without regard
TO the other objects set forth. This cor.
Poratlon is created, too, to take over and
acquire all the rights, titles and interests
or Messrs. Joseph \. Bisso, W. A, Bisso.
Alexander l.. BisSo and Joseph w. TYLER
IN ana to the ferry franchises by them ac-
qulred In their own name or in the name
vi any one or more of them. from the City
OF New Orleans, and the Parish of Jeffer-
son. In the State of Louisiana; and still
further to acquire all the rights, titles and
l !, OF the said Joseph a. Bisso, W.
~; y. blsso Alex. l.. BissO, and J. W. Ty-
Ter, as well, also, as all the rights titles
ana interests of the Bisso Ferry COMPANY
composed of the said Joseph A. William
A. and Alex. l.. Bisso, and J. W.. Tyler
ON any, and to all the rights. titles and
interests OF the said Joseph A., William A.
thd Alex L.. Bisso, and J. W. Tyler. in the
cry boats, pontoons and other property
ness by them. belonging to them Jointly
ihuLor severally. Particularly with re-
,pect TO the Jackson Avenue Ferry and the
" aInut Street Ferry, and as a full CON
s .iubts ., OF said property, franchises
rights' titles and interests, this corporation
shali issue to said persons its fun one
,housand i've hundred shares of its capt.
al STOCK, fully paid and worcestershire.
ahIloLE iN-The capital stock of this
corporation is fixed at the sum of one
iundred and fifty thousand (sl5O. 900. OO)
ioIlars' represented by one thousand five
hundred Q,5OO) shares of the par value of
me hundred dollars ($10O.OO) each The
'aid STOCK shall be issued as full paid
'tock Tor the purchase of the property
Ierelhabove described, as more fully shown
~ the itemized statement annexed here
ARTICLE v-An the cornorate novers
~ SAID corporation shall be vested in and
,Aed by board of directors COM
'oseu or four stockholders, to be elected
i III. on the first Monday of May. The |
lrsI election to be held in the year 1920. |
.ach snare of stock shall be entitled 10
me vote, to be cast by the owners in per-
p, or by written proxy. The directors
,H;o. elecIed shall serve and continue in |
nice until their successors shall have been
Iected and qualified. Vacancies occurring |
n Said board, from any cause whatever
nan De hlled by the remaining directors. |
u an meetings Of the board of directors. |
majority Of the directors shall be neces, |
AIRY and sufficient to CONSTITUTES a onornm
!. tne transaction OF business. The ACT !
y NOT less than three directors pres /
nj at any meeting at which there IL
,; quorum shall be the act or the board of |
,i1ecsors; except as may be otherwise
Ppecincally provided by statute or by this /
narler: The board of directors, by the
haii hauNe vote of all of the directors, |
i hanI make all bylaws, rules and regula-
, IA LOT the government of the business
ne anafrs Of the company, and by like
anne one may alter, amend and change the
an at pleasure. They shall also have
III power to buy, sell, mortgage and
a ,euge any and all property, real and per-
onsi, whenever, in their Judgment. they
Jay Jay deem such acts necessary and PROPER:
IRE. employ and discharge ali officers,
nents, employees and clerks, and to FIX
~, salaries and compensation, and gener-
ny 70 do all things necessary in the
he company anu ahairs Vi
ana the board Of directors shall have
I'll a9tnorlty to carry out the powers
rsnted herein, without recourse to any
ote or grant Of power by the stock |