The herald., 1922-11-23
CHARTER

CARRYING out of the business Tor which
this corporation is formed; to lease, own
hold enjoy acquire by purchase or otnet-
wise. the property and assets OF any per
son or persons, firm or corporation, carry
ing on or engaged in the same business
as herein defined or incidental thereto' 10
purchase. lease, own and develop lana. ao
jacent to the property OF this corpora,,
ton, for the comfort, convenience anu
pleasure of passengers and others, ana TOT
The promotion of travel over ana across
it's ferry system ana as auJ9hIs svar Of
eminent domain for the acquisition Oh
property that may be necessary ana eA
pedient for the carrying out OF the busi-
ness and the pn PRIMARY oc'e ana generally
10 do and perform all acts ana things,
tights, powers, privileges, ana FRANCHISES
as related. and Complementary or lnci-
dental to the objects and purposes OF TINS
CORPORATION. as hereinabove set forth. or
any of them, or such as may hereafter pc
conferred by law upon corporations Oh
this character.
ARTICLE Iy-The capital stock OF TINS
corporation is fixed at the sum of Two
hundred and fifty thousand dollars ($2oV
OOOOO) divided into and represented py
twenty five hundred (2,JOO) shares. OF tne
mar value of one hundred dollars (SlOO.Oul
each: all stock shall be paid for in cash
or its equivalent at the time the certihcate
therefor is issued, or the board or dlrec
tors may issue full-paid up certificates OF
actually received by il. or labor done ana
performed. or for services rendered to TINS
corporation.
The capital stock of this corporation
NAV be Increased to the sum OF nSe
hundred thousand dollars, and which
capital stock. If and when increased IN
he manner prescribed by law, shall be Is
sued and paid for in the manner mere
inabOye set forth.
All transfers of stock shall be made
Of anrnnrntlOn
shall be signed by the stockholder or d!
mis- attorney and under such rules ana
regulations as the board of directors may
prescribe.
At all elections of the stockholders. vot-
ing shall be by ballot, and each STOCK
noider shall be entitled to one vote, III
person or by written proxy, for each share
of the capital stock held by the STOCK
colder. or the stockholder may SEM mi; nh
;ote by letter. the signature OF when
must be acknowledged before a notary
public or other officer authorized TO take
affidavits.
ARTICLE y-The corporate powers OF
his corporation shall be vested In anu
exercised by board of directors 10 De
Composed of eleven stockholders 10 De
lected annually at a general meeting OF
the stockholders to be held on the thlru
Tuesday In January OF each year; n na
.I,ule a quorum for the transaction OF
business unless the by laws OF this cor
Doration, adopted by the board OF dlrec-
tors, shall provide for lesser NUMBER.
Notice of such meeting and of all other
stockholders meetings shall be given o.!
written notice addressed TO each STOCK
colder at his last known place OF res.
ence and deposited in the post Office AZ
least fifteen days before the date OF salu
meeting In case the law should prescribe
a different notice then and in that event
the notice to said stockholders shall be
as required by law.
ANY vacancy occurring among the d.
rcctors of this organization by death.
resignation or otherwise. shall be filled
by election for the unexpired term by the
remaining directors. And the said Doaru
shall likewise elect additional members IN
case they should determine to increase the
number of said board.
The board of directors may, from time
to time, name and appoint all such other
officers, including one or more wee presi-
dents or agents, as IL may be necessary
for the purposes and business OF this cor
poration. as well as the salary or com
pensation and the powers and duties, oil
every officer, agent and employee, snaii
De nxed and denned by the board of di,
rectors and all such officers, agents and
employees shall hold office and employ
ment at the pleasure Of the board of d.
ectors: and all officers and directors
shall hold Office at the pleasure of the
the successors of any one or all OF them
II any time, atsa meeting called for that
,urpose, by notice delivered either per-
sonally to the stakeholder or deposited in
the post Office at his last known address
fifteen days before the date of such meet
ing.
The president may at any time call
such meeting, and if the president or Of
icers of the corporation refuse or fail TO
all such meeting when requested to do
30 by the holder or holders of twenty five
per cent of the stock of this corporation.
hen such holder or holders of said stock
Ns..ar |naF 10
notice hereinabove mentioned, at the Of
ice of the corporation. III, for any reason
he use of the Office of the corporation is
refused. or 1t cannot be used for such
Meeting, then the caller or callers Of such
meeting may hold such meeting elsewhere.
The said board shall also elect at said
meeting a secretary and treasurer, or
one person may be elected to act in both
capacities either Of whom may or may
not be a member of said board.
The board Of directors may make and
establish, as well as alter and amend, all
;uch bylaws, rules and regulations not
Inconsistent herewith, and deemed neces-
sary and proper for the management ana
affairs of this corporation. and said board
of directors, which Is hereby clothed with
all the corporate powers OF this corpora
ton shall have full power and authority
to acquire by purchase or otherwise
property, real, personal and mixed, and
sell, convey. mortgage, hypothecate, lease
and pledge the same, borrow and lend
money. issue notes and bonds or mortgage
and hypothecate same to secure said
loans: to make or sign contracts or cause
same to be made and signed by officers
and directors. especially or generally au-
thorized for that purpose. and to do any
and all things reasonable, convenient or
lecessary for the proper conduct of the
business and affairs of this corporation.
The first board Of directors and officers
OF this corporation shall consist of: julius
Bodenger whose post office address is
No. 157 Delaronde Street. New Orleans,
La: Edward W. Burgis. whose post office
ADDRESS is No. 52S BOuny Street, New Or
cans. Louisiana; Frank c. Duvic, whose
cost Office address is No. 1913 Morgan
treet, New Orleans, Louisiana: Herbert
:. Harding, whose post office address is
OF Opelousas Avenue, New Orleans. Louis
ana; William j. Hennessey, whose post
flee address Is No. 81 Pelican Avenue.
Few Orleans, louisiana George Herbert,
r., whose post office address is No. 200
Jlivier Street, New Orleans, Louisiana !;
n. Alfred C. King, whose post Office ad
ress is No. 800 vallette Street, New Or
cans. Louisiana; DIR. Charles V. Kraft.
those post Office address is No. 500 YER
ct Street. New Orleans, Louisiana: Ralph
,. Nolan, whose post office address is No.
Is Lavergne Street. New Orleans. Louis
ana: August Schabel, whose post office
,ddress is No. 601 Patterson Street. New
orleans, Louisiana; Adolph Spitzfaden,
r., whose post office address is No. SIS