The herald., 1922-07-13
CHARTER.
CHARTER OF LAKE FISHER NAyIGA-
TION COMPANY. INC.

TON COMPANY. INC.
United States OF America State of Louis
lana, Parish of Orleans. BE il known, that
on this 27th day of the month of June.
in the year of our Lord one thousand,
nine hundred and twenty-five ll922l ana
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 ana quah-
ned, in and for the Parish of Orleans.
State of Louisiana, therein residing ana
In the presence of the witnesses herelnaf-
ter named and undersigned. personally
came and appeared the several persons
whose names are htreunto subscribed.
who declared that, awaiting themselves
of the laws Of this State relative 10 the
organization of corporations, they nave
cOyenanted and agreed, and do by these
presents covenant, agree, bind, form ana
constitute themselves, AS well as such
persons as may hereafter join or become
associated with them, into corporation
or body polite in law, for the objects anu
PURPOSES and under the agreements ana
stipulatiOns following, tO-wit:
ARTICLE THE name and tile of this
corporation shall be Lake Fisher NaNiga-
ton Co. Inc, and under its corporate
name ii shall enjoy succession for the iuIl
term and period of ninety mine years from
and after the date hereof, and snail nave
power and authority to contract, sue ana
be sued to accept and receive mortgages
pledges or other hypOthecatiOnS; 10 make
and use "A corporate seal ana the same
to break and alter at pleasure To pur-
quire and convey, rs well as mortgage
and hypOtheCate under its corporate name
property both real personal and mixed
to borrow money and make ana Issue
bonds and other evidences of debt ana 10
secure the same by mortgage and other |
wise. TO subscribe to and hold stock IN
other corporations; to acquire, hold ana
reissue shares of its capital Stock 10
carry out all of the objects and purposes |
hereinafter set out, to name and appoint |
such managers aud directors. officers ana !
a.. int. AN1a Nsa.a
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 a.
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 it 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. ;
lightermen, forwarding agents, warehouse
men and /Or wharfingers; to purchase.
lease construct. control and Onpratp
docks, wharyes warehouses, dry docks,
dock machinery, appliances and other APP
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 I
authorized to acquire; to exchange its o
entire assets and business, or any part II
thereof, for property. stocks, bonds, or
other obligations of other companies, u
firms or individuals and generally to do u
all acts and things necessary. convenient "a
or appropriate TO the accomplishment of u
any of said purposes or germane thereto. n
ARTICLE IV-The presently authorized N
capital stock Of this corporation is here N
by fixed at the sum of five Thousand 49, d.
OO0OO) dollars, divided into and repre- Ia
sented by fifty 500 shares of the par Ia
value of one hundred ($100.O0) dollars per OF
share. The amount of said stock may be Il
increased to one million 1000, 100000 a.
dollars. h,
ARTICLE V-All the powers of this to
corporation shall be vested in a board III
composed OF not less than three nor more al
than seven directors. The precise number W
of directors within said limits shall be
fixed by the stockholders at the annual Of
meeting called for that purpose, provided q,
that in the interval between stockholders II
the board itself may elect ad- | no
ditional directors within the maximum Ia
limit above provided. If the stockholders tn
shall not have elected the same. 4 ma ! VI
jOrity of the board shall constitute a 10
quorum. Said board of directors shall al
be elected annually at the tockholders' to
Of the corporation on the third Tuesday as
In June OF each year Tor on the next legal pl
day If that be holiday after notice GO
given to each stakeholder by mail at al
least fifteen days before the date of the az
meeting, addressed to the last designated te
address Of the stakeholder, or IL he has TO
designated no address. to the General De M
livery at New Orleans. Special meetings la
of the stockholders may be called by the n,
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- n
titled to one vote for each share Of stock ci
In his name on the books of the Sc
son or by proxy and a majority of the ia
votes cast shall elect. Failure to elect di-
rectors on the day above specified shall D,
not dissolve the corporation but the di- ii,
rectors then In office shall remain in office bt
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 treasurer, who may be the co
same individual and need not be MEM 80
bers OF the board or stockholders; and 20
the board is expressly authorized from ~
time to time to dispense with any of said ~
officers and Tor combine and /or separate So
any Of them. and Ior elect any other such sn
oficers as the board may think proper or an
pnvenient to the carrying on Of the com m,
S BUSINESS, anu 10 porVlde that said no
'hicers heed not De members Of the board vic
ert