The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-10
CHARTER

TO one vote for each share of stocl
standing IN his name on the books OF
the corporation. TO be cast in person
{ Or by written proxy majority o1
the votes cast shall elect.
The Board Of Directors above named
nave agreed 10 purchase from Mr.
Peter n. Dubus that certain yacht
known as the 'Reverie' now plying
in Lake POntchartrain. for the price
ana sum OF twenty-five thousand
70 the said Peter \. Dubus for san,
amount. full paid and worcestershire
n payment ut said purchase. SAID
yacht having been carefully examined
Directors at the sum Of SIS. zoe 90
/ They do by these presents take over
same. aS allowed by the laws Of Lou.
!siana. from the said Peter \ DubuS
he having subscribed 70 two hundred
and fifty l25OD shares Of the stock 81
. this cOrD"daJion n the par value Jf
one hundred dollars tsl00.0O) per
share. Which said two hundred and
fifty l250) shares Of stock subscr'p-
ton paid Tor by the delivery OF said
yacht 1t the time Of signing chIs
charter
ARTICLE VI IN the event II Tho
Liquidation Or dissolution Of rAIs cor
pOrat.Un. It's affairs shall De iuuidared
ana wound up by the then existing
Board u Directors; said .IuuidatOrs
shall have the authority 20 wind up
poratton. IN case Of the death Or RES
ignaJ!On Of ! lqudatOr the survivors
snail continue said Liquidation 10 Ter
nInatiOn.
ARTICLE VII This charrer may
De modified. changed OF amended. ar
said corporation may De dissolved. with
the assent OF stockholders owning
LWO-thIrds Of the entire capital stock
II ! general meeting Of the stOckIoid-
grS convened Tor that purpose. after
fifteen t15) days written notice snail
nave been given 20 each StocShOider,
mailed co him At mis- Last KQOwn al
dress.
ARTICLE VIII No subscriber -or
stock shall ever De held Liable cor the
contracts. faults Dr debts Of this cor
pOratlOn N any further sum than the
unpaid balance. Il any, due the cor
pOraJlOn on the stock for which he
has subscribed; nor shall any stock
holder ever be held for such contracts
TaultS or debts IN any further sum
than the unpaid balance. II any. On
the stock owned by him; nor shall any
mere infOrrnality IN organization have
the effect Of rendering this charter
null. OF rendering any subscriber or
amount Il any, remaining due on his
stock.
No stakeholder in this corporation
can ever sell the stock owned by him
OF. without first offering the same in
writing 20 the other stockholders
through the Board Of Directors. At its
then book value. who viii have the
option TO purchase the same. ana N
event OF the death OF L stOckhOider
the right - hereby reserved 20 the
stockholders 20 purchase
SAID stock at its then book value.
ARTICLE X. This corporation IS
under the laws ot the state
OF Louisiana. anu especially Act No
261 OF 1914. and the subscribers hereto
Tor themselves and said corporation.
stockholders. hereby accept rs part OF
this charter and as conditions OF this
corporation. all the rights. powers
privileges anu immunitles granted 20
ferred upon officers. directors ana
OF corporations by said
law and said act; such acceptance
being as full. complete ami binding as
immunities were set forth At length
IN this instrument.
Thus done ana passed in nv notariaI
office at the city OF New Orleans afore-
Roehl and Mr. B. A. Ruiz. competent
witnesses OF lawful age aud residing
N this city. who hereuntO subscribe
their names. together with said par
late set forth in the caption hereof.
State of Louisiana. Parish OF Or
cans. Before me. the undersigned
authority, personally came ami ap-
me WHO 1etIdTHu
20 me. Notary. that they do hereby
subscribe TO the capital stock OF the
2everie Transportation Company. Inc.
n the amount OF shares set opposite
heir name.
Thus done and passed IN said parish
n the presence of the undersigned
witnesses on this 2sth day Of June.
1922.
Original signed: T c. Allen. sS4
louisa street. New Orleans. 80 shares:
". J. Gleason. 2127 Elvsian Fields. /
New Orleans. 10 shares: p A DubuS I
~ Louisa street. New Orleans. $50
shares: J. F Dubus. I4O2 Pension !
street, New Orleans. 10 shares.
Attest:
THEODORE ROEHL.
B. A RUIZ
W MORGAN GTRLEY.
Notary Public
L the undersigned Recorder OF Mort f.
sages. in and for the parish Of Orleans. !
state OF Louisiana. do hereby certify
hat the above and foregoing act Of
Incorporation Of the Revere Transpor-
alton Co. Inc. was this day duly ra-
'orded in my office in book 1868. folio
1885,
New Orleans. July II. 1922.
+ VI. SEEMAN
Asst. D R.
I. the undersigned Notary Public. in
md for the parish of Orleans state
)t Louisiana. do hereby certify that
The above and foregoing is a true and
correct copy of the original on file
With the records of my notariaI office |
together with the certificate OF the
pended
w. MORGAN GURLEY.
Notary Public.
July 26-Aug. 81