The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-27
CHARTER.
CHARTER OF LAKE FISHER NAyIGA-
TION COMPANY. INC.

United States OF America. State Of Louis
lana, Parish Of Orleans. Be it known, that
on this 9th day of the month Of June,
in the year of our Lord one thousand.
nine hundred and twenty-five (1922). and
of the Independence of the United States
of America, the one hundred and forty
sixth, before me, Watts h; Leyerich, no
tary public, duly commissioned and quail
fed, in and for the Parish of Orleans,
State of Louisiana. therein residing and
in the presence of the witnesses hereinaf-
ter named and undersigned, personally
came and appeared the several persons
whose names are hereuntO subscribed,
who declared that, availing themselves
of the laws Of this State relative to the
organization of corporations, they have
covenanted and agreed, and do by these
presents covenant. agree, bind, form and
constitute themselves, as well as such
persons as may hereafter join or become
associated with them, into a corporation
or body polite in law. for the objects and
purposes and under the agreements and
stipulations following, to-wit:
ARTICLE 1.-The name and title Of this
corporation shall be Lake Fisher Naviga-
ton Co., Inc, and under its corporate
name 1t shall enjoy succession for the full
term and period of ninety nine years from
and after the date hereof, and shall have
power and authority to contract. sue and
be sued; to accept and receive mortgages,
pledges or other hypOthecations; to make
and use a corporate seal and the same
to break and alter at pleasure; to pur-
chase, receive, lease, hold or otherwise ac-
quire and convey, as well as mortgage
and hypothecate under its corporate name
property both real, personal and mixed !;
to borrow money and make and Issue
bonds and other evidences of debt and to
secure the same by mortgage and other
wise; to subscribe to and hold stock in
other corporations; to acquire, hold and
reissue shares of its capital stock; to
carry out all of the objects and purposes
hereinafter set out; to name and appoint
such managers and directors officers and
agents, as the interest and convenience
of said corporation may require; and to
make and establish, as well as alter and
amend at pleasure such bylaws. rules and
regulations for the management and regu-
alton of the affairs of the corporation as
may be necessary, proper or convenient !;
and generally to do all such acts and
things as trading corporations are author
lied to do under the laws of the State Of
Louisiana.
ARTICLE 1.-THE domiciIe Of this cor
pOration shall be in the Parish of Orleans
state of Louisiana, and all citations or
other legal process shall be served upon
the president of the company, or, in his
absence, upon the vice president.
ARTICLE III-The objects and pur-
poses for which this corporation is or
ganized and the nature of the business to
be carried on by 1t are hereby declared to
be: To own, control and acquire by lease.
purchase, construction or otherwise.
steamships, barges and vessels of all
the same; to engage in commerce and
navigation upon all oceans, seas, lakes
bays, harbors and navigable waters gen
orally in any part of the world; to char
ter to or from others all manner of boats
ships, vessels and water craft; to engage
In the carriage and transportation of
freight, mails, property, and passengers
by water; to carry on all or any of the
business Of ship brokers, management of
shipping property, freight contractors,
hghtermen, forwarding agents, warehouse
men and /or wharfingers; to purchase.
own, lease, construct, control and operate
docks, wharves, warehouses, dry docks,
dock machinery, appliances and other ap-
paratus, works or conveniences; to do
general ship building, stevedore. dock
age, warehouse and commission business
TO purchase, use, develop, improve and
dispose of real and personal property, in
Guiding stocks, bonds and obligations of
other individuals, firms or corporations
TO exchange its entire capital stock. or
any part thereof, for property which IL is
authorized to acquire; to exchange its
entire assets and business, or any part
thereof. for property, stocks, bonds. or
firms or individuals. and generally to do
all acts and things necessary, convenient
or appropriate to the accomplishment of
any Of said purposes or germane thereto.
ARTICLE Iv-The presently authorized
by fixed at the sum Of five thousand ($5,- |
O0O.00) dollars, divided into and repre- |
sented by fifty 500 shares Of the par
value Of one hundred ($100.O0) dollars per |
share. The amount of said stock may be
increased to one million $1,000 00OO)
dollars.
ARTICLE v-All the powers Of this
corporation shall be vested in a board
composed of not less than three nor more
than seven directors. The precise number
Of directors within said limits shall be
liked by the stockholders at the annual
meeting called for that purpose. provided
hat in the interval between stockholders
meetings the board itself may elect ad-
iitional directors within the maximum
INIT above provided, IL the stockholders
hall not have elected the same. A ma
GRITTY Of the board shall constitute a
Quorum. Said board Of directors shall I
e elected annually at the stockholders 4
,eeting to be held annually at the Office o