The herald., 1922-03-16

Statement Of the Value Of the Property
II to be Transferred to whiteman Con-
tracing Co., Inc, by George w. White
man and Henry c. Whiteman. rs ap-
praised by the Board of Directors Of
Whiteman Contracting Co., Inc.
STATE OF LOUISIANA,
PARISH OF ORLEANS.
1, the undersigned. John c. Foster,
hereby certify that I am the Secretary
of the Whiteman Contracting Co., Inc,
and that the following is a true and cor
rect copy Of a resolution adopted by the
Board of Directors of said corporation
at meeting of the Board of Directors
of said corporation held on the 18th day
Of January, 1922, at which meeting there
were present all of the directors of said
corporation, to-wit:
RESOLUTION.
"Be 1t resolved by the Board Of Direc-
tors of the whiteman Contracting Co.,
Inc, in meeting of Board of Directors
assembled. that the Board of Directors
of said corporation do hereby appraise
to this corporation by George w. White
man and Henry C. whiteman as follows !:
Dredge named Orleans. length IS, beam
"a, depth g., built in 1913, entirely of
cypress, 10" Sides 4" bottom. 3" deck,
with Clyde Special Dredge Type engines.
size SA by TO-, condenser, evaporation,
filter, light plant. two duplex boiler feed
ers, Clyde Type return tube so H. p.
boiler, Donkey boiler Is H. p, boom 72',
and crews quarters for ten men. $40, 900 90
Dredge named Jefferson, rebuilt 1922
length so,, beam 34', depth 81, built Of
TO-, deck 2", 3 bulkheads fore and aft,
double cylinder double drum dredge en-
gines II" by IA, Economic return tube
boiler so II. p. donkey boiler As Fl. P.
vertical, steel boom s6'. 500 90
Barge named Whiteman Contracting
Co. No. /, length 1907, beam 2S'; depth
81, about nine years old, good condition,
crew quarters for two men, / anchor
winch. two anchors. lake type. SO, 900. 90
Barge named Whiteman Contracting
o. 9" gunnel sides. 8" bottom, 2"
Barge named Whiteman Contracting
Co. No. 3. length 50', beam 20,, depth 81
open type without deck. .$205. 90
Two complete diving outfits containing
diving helmets. 4 diving dresses. 500
feet of hose. 80 wrecking blocks, 25 jacks,
shots (90' each), anchor chain. 81 600 90
Whiteman Contracting Co Pile Driver
Length 36', beam 49,, depth A., bottom
sides 4" by TO-, deck 81, fore and
One thirty-ton derrick, equipped as
follows: One Stratsburgh Double Cylin-
der Double Drum Hosting engine, Cy-
finders 8" by 12", built extra heavy; one
uouDie cynnuer double drum swinging
engine, 8" by 81: one Double Cylinder
LedgerwOod Propelling engine, Z" by 10" !;
one 80 H. P. vertical boiler; steel boom
'W. steel bull wheel; "A"-frame and
stiff leg IS" by IS" wood, all placed on
barge 30, long, 80, beam. 6,6r deep. sides
8" by TO-: bottom 81. deck 81. 8 fore and
art bulkheads, s" by 10" thick. IS, 345. 90
Totaling Observation-Disclosures. $25 OO0 M
BE 1t further resolved that the Sec
rotary Of this corporation be and he is
hereby authorized to accept for and in
the name Of Whiteman Contracting Co,
Inc, transfer or act of sale of said
property at the value or price Of twenty
hve thousand dollars ($25 100000 in full
payment and discharge of the subscrip-
tons Of the said George W. whiteman
and. Henry c. Whiteman to one hundred
and twenty-five shares each of the cap
ital stock Of said Wbiteman Contracting
Co, Inc. Of the par value Of one hun.
dred dollars ts100.00) per share and Of
total par value and actual value of
twenty-five thousand dollars (s25 ,OO0. OO).
and
BE Il further resolved that the Sec
rotary and President Of this corporation