The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
CHARTER.
CHARTER OF LAKE FISHER NAyIGA-
TION COMPANY, INC.


TION COMPANY. INC.
United States or America, State of Louis
lana, Parish Of Orleans. BE il known, that
on this 18th day of the month of June,
in the year OF our Lord one thousand,
nine hundred and twenty-five (l922D, and
of the Independence of the United States
of America, the one hundred and forty
sixth, before me, Watts h. Leverch, 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, ayailing themselves
of the laws of this State relative TO the
organization of corporations, they have
cOyenanted 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 ana
stipulatiOns following, to-wit:
ARTICLE THE name and title Of this
corporation shall be Lake Fisher NaElga-
ton Co., Inc, and under its corporate
name it shall enjoy succession for the fuII
term and period of ninety mine 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 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 ana 10
secure the same by mortgage and other
wise: to subscribe to and hold stock i'll
other corporations; to acquire, hold ana
reissue shares of its capital STOCK, TO
carry out all of the objects and purposes
hereinafter set out, 10 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 domicile 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 ii are hereby declared TO
be: To own, control and acquire by lease
purchase, construction or otherwise
steamships, barges and vessels of all
kinds, or interests therein; and TO operate
the same; TO engage in commerce and
navigation upon all oceans, seas, lakes
bays, harbOrs and nayigable 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 1
men and /or wharfingers; to purchase.
own, lease. construct, control and operate
docks. wharves, warehouses, dry docks.
dock machinery, appliances and other APP
paratus, works or cOnvenienceS; to do Il
general ship-buiding, 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 ii is {
authorized to acquire; to exchange its z
entire assets and business, or any part /
thereof, for property, stocks, bonds, or q
other obligations of other companies. | !
firms or individuals, and generally to do l
all acts and things necessary, convenient d
or appropriate to the accomplishment of I
any of said purposes or germane thereto. II
ARTICLE Iv-The presently authorized a
capital stock of this corporation is here n
by fixed at the sum of five Thousand (S5,- a
100000 dollars, divided into and repre- !,
sented by fifty 500 shares of the par !.
value of one hundred (S100.00) dollars per n
share. The amount of said stock may be ii
increased to one million $1,000, 100000 a
dollars. h
ARTICLE V-An the powers of this I,
corporation shall be vested in a board n
of not less than three nor more a
than seven directors. The precise number W
of directors within said limits shall be
fixed by the stockholders at the annual n,
meeting called for that purpose, provided n
that in the interval between stockholders n
meetings the board itself may elect ad- n,
ditional directors within the maximum In
limit above provided. If the stockholders N
shall not have elected the same. A ma v,
Jority Of the board shall constitute a to
quorum. Said board of directors shall al
be elected annually at the stockholders Ia
meeting to be held annually at the office re
or the corporation on the third Tuesday as
day If that be a holiday after notice &C
given to each stakeholder by mail at al
least fifteen days before the date Of the az
meeting, addressed to the last designated te
designated no address, to the General De- al
livery at New Orleans. Special meetings la
OF the stockholders may be called by the M
board at any time and notice thereof shall m
be given in the manner provided for an IA
nual meetings; provided that in all cases
all notice may be waived by unanimous p,
consent Each shareholder shall be en-
titled to one vote for each share of stock eli
in his name on the books of the Sc
corporation, said vote to be cast in per- al
son or by proxy and a majority OF the ia
rectors on the day above specified shall n,
not dissolve the corporation but the di- IN
rectors then in office shall remain in office b,
until their successors elected. The IA
board Of directors shall have power to of
fill all vacancies which may occur or in m
any manner arise or be created on the dr
board. even though no quorum remain at w
the time such vacancies are to be filed. m
The board shall elect from their number m
a president and one or more vice presi- dr
dents. The board shall also elect a sec
rotary and a treasurer who may be the 40
same individual and need not be men, 80
bers of the board or stockholders; and 70
the board is expressly authorized from II;
time to time to dispense with any Of said o.
officers and /or combine and /or separate So
any OF them, and /or elect any other such sn
officers as the board may think proper or an
to the carrying on of the com m,
panys business, and to porvide that said no
Dnicers need not be members Of the board vi,